SBB 0.00% 1.2¢ sunbridge group limited

Redbrook and SBB, page-4

  1. 324 Posts.
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    Unfortunately we have all purchased this stock due to the unbelievable valuation, and forgot that if it looks too good to be true, it probably is. However, the actions of Redbrook have raised my interest - slightly. I can't understand why anyone would want to spend hundreds of thousands of dollars on this and remain a passive investor. I have no idea whether these financial statements are true or not, but if Redbrook believes they are they could provide some upside and an exit if they lob a takeover (and even better if there is some insider competition).  The new Chinese foreign investment laws may also provide some upside, including enabling dividends, however given the governments track record on these types of issues, I'll believe it when I see it. 
 
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