The 4c is largely consistent with the last two updates provided by the company. Now there should be a clean run between now and the actual report date. Let's see if the inside escrow holders would stand back and let the price rise for a change.
The escrow sellers have now had/created decent volume for a while to assist their exit – how much is left?
Craft, how about a little wager? In 5 years time, say upon the release of FY19 results, if SBB remains listed and everything appears above board, I will find a way to buy you a Pandist leather jacket (I hope they have online sales sorted by then). You'd look really awesome in it I am sure.
Have sold 230K @ .15 which returns my original capital – This little ‘mental trick’ allows me to more happily hold the remainder and await more information on what is still essentially a two way bet.
Legit or not legit.
Sorry no bet. Barely got enough visibility to see where to put the next step let alone 5 years, Besides I only wear fur.
Have sold 230K @ .15 which returns my original capital – This little ‘mental trick’ allows me to more happily hold the remainder and await more information on what is still essentially a two way bet.
Legit or not legit.
I understand. Wearing that jacket would be more a punishment than a reward anyway.
Nice trade. (Your portfolio is a lot bigger than I assumed).
Well played, sir. That's a tidy profit for a couple of weeks work.
Funnily enough I was at lunch on Friday at the topic of discussion was SBB.
Please share what was said at this lunch
The Board and Management look forward to working with Susan to further Sunbridge's solid financial position
There's not much to say about the new CFO, except that she seems equally underqualified to be a CFO, if she's indeed the person in the LinkedIn profile found by McLovin.
skc said:Seriously?! Sunbridge's balance sheet needs strengthening? It has $30m in the bank and made $10m cash in the half year. Which planet's CFO would come into this job with the emphasis on strengthening the balance sheet?
Sunbridge Managing Director Mr Xu Jia Yin commented: “We are very pleased to be appointing someone with Susan’s qualifications and experience to the role of Chief Financial Officer.”
I'm pretty sure it's her. Masters of Accounting from Monash and then the job titles match pretty closely with what press release says her experience is. Accounting, bank, global investment manager.
Completely underqualified to be a CFO.
This is funnier I thought...
One upside to doing a little research on a Chinese company.
The ASF adds I'm now matched too have improved.
...is pleased to confirm the strong trading performance for the half year period ended 30 June 2014
With a strong balance sheet and solid cash reserves, Sunbridge is well placed to pursue further growth for our shareholders in the second half of 2014, while maintaining our conservative approach to gearing levels.
The Directors are pleased to confirm that the offices are in the final stages of fitout and construction of the new warehousing facility is well advanced. The cost of this construction has been expensed in the first half.
Sales for the second half are expected to remain stable with margin and sales growth expected.
So is the second half stable? Or growing?
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