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02/05/16
18:55
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Originally posted by paul78y
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It looks like you may have just been stung by XTV today? Now it appears as though you are jumping on SBB with your first two posts on it after the market today. Can I caution you to have a good look at this stock before you decide to invest heavily in it?
Here are some things I would think about:
How long has SBB had more cash than its market cap?
What has the share price done in response to this in the past?
Does the company plan to return any money to shareholders?
How long has the company had this cash for?
What is the dividend policy of this company?
Has the dividend policy been followed?
Have the director's actions matched what he said he would do in the past?
Has their been clear disclosure on the holdings of the director?
Has the director acted in the best interests of the shareholders?
What is the planned use of the company cash?
How long have they planned to use the spare cash for acquisitions?
How many acquisitions have they made?
There are many more questions that could be asked. But, knowing the answers to some of these might make you understand the risk and rewards that you are investing in.
I would actually be interested in a short term investment in this company if a dividend or share buy back was announced. However, these are two announcements that I don't think will ever happen. The cash just sits there on the books. To me that cash will never be real until I could get my hands on some of that cash.
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I don't need your advice. I know the company will succeed just as I picked Xtv and NOR in the past. This company is looking for an acquistion and will bounce very hard one day.