I think you misread htran7528, who's the principle cheer leader...

I think you misread htran7528, who's the principle cheer leader for SBB's identical (younger) twin, XPD. Both in the highly competitive apparel industry in China, enjoyed supposedly good growth and profitability, and decides to list in Australia (you should ask yourself, what exactly for? Is not like for each case the gate for vast capital market - in relation to their reported self was opened by this adventure). More tellingly, the two companies even shared a couple directors. You may want to do the dot-joining (or more than likely, not).

SBB is the older twin because as this type of listing life-cycle goes, SBB is further along. Once reportedly profitable, then after the reportedly vast cash reserve has been raided for a number of questionable business decisions that results in nothing other than reduced profitability quarter on quarter. Whereas XPD is still youngish painting a strong revenue trajectory, you don't need to be a rocket scientist to figure out where it's also heading (hint, like the older twin SBB). There is only one end game for both. Can you also remind me why SBB listed on ASX again? Still trying to figure out..

Finally there's the story on dividends since both are sitting on reportedly huge piles of cash. SBB feigned ignorance and blamed the enigmatic majority-owner. XPD went one step further actually promised dividends then did not deliver blaming on the Chinese government. REALLY *throws up arms*. Like I said there's many ways you may see the alleged cash balance evaporate (eventually) - and here's 2 pathways for you to ponder already. Do I believe a dividend will ever be paid from either company? No, without a doubt.