I've always said that longer term SIAF has the best chances. Simply because I'm confident that they will make money on prawns and the competition can't even get close. Now they have economies of scale as well. And now with the upcoming loan and potential spin-offs the odds are improving.
But a 300% gain in just 30 months is never a sure thing. We have seen the stock come down from $17 to $4. Just as an example of what can go wrong. So what can go wrong? Many more delays, for sure. For the MF as well as for the spin-offs. Who knows, we could still be trading at $6 a year from now.
Of course with that kind of yield you will have to risk losing it all. I don't think anyone can deny it. The good thing is, I think you can improve your odds by diversifying a bit. Say, invest 50% in SIAF and the other 50% in a small basket of potential high yielders. So, one winner will set you up pretty good and it doesn't require a big investment either. So far, that strategy hasn't worked for me, and although I'm confident it will, it simply hasn't so far. But then again, SIAF has dropped like a rock too.
Feel free to discuss some of it on the China Unlimited board. But I'm sure as hell not going to name any stocks. You will have to find your own way. Just a general approach, how to maximize your ROI and improve your odds. Or we could do that on here but I doubt that many will chime in.
AI
