SBB sunbridge group limited

Triple Bottom - Just Saying, page-6

  1. 1,246 Posts.
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    That the only point worth arguing about. If its real, then stock is a screaming buy. If its not then obviously its not...

    Signs that point to it being fake:
    - The cash is never used as if it didn't exist.
    - The interest it earns is inconsistent with the amount that sits there
    - Promises of 25% div payout from IPO and management assurances don't eventuate
    - No instos/smart money on the register
    - Director sells stock at a steep discount to NTA
    - Escrowed holders selling with no regards for price

    Signs that point to the cash pile being real:
    - Assurances by auditors

    Until a real catalyst comes along, I'll stay well away. If its too good to be true, then it probably is...
 
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