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Re: maria17 post# 1321

Saturday, 07/09/2016 6:11:39 PM

Saturday, July 09, 2016 6:11:39 PM

Post# of 9444
Btw, previously, they didn't have the money to pay a dividend. You need a cash surplus in China and they didn't have it. They had to reinvest most of it to sustain profitability. If you remember, they needed some $8M to ramp up Angel Star in the US and they didn't have that money either.

But that has all changed now. That's why the asset swap was such an important move.

As for beefing up communications and IR, they tried all that in 2012-2013 I think. And it didn't help.

So, I think they are trying. They certainly need to gain some credibility if they want to grow internationally.

Perhaps that's why I don't know what to tell these people. The asset swap was the right move. The free cash flow opens up many doors. The next step is to spin off the plantations in Shanghai. And we still won't get a dividend if that's the plan.

This is a hidden gem, pur sang. It's the market that is to blame, mostly. Because they can't see it. All those traders looking to make a quick buck, hedge funds and institutions and what you have. All failures.