SIAF from another view
Solomon told in one of the latest conf calls that siaf is a 3 generation story didn't he??
He said now is first generation siaf. He, even if he is old, see this as a long term investment. I think that the longer the investment is the less one cares about short term volatility. I doubt S cares at all if the share price is decreasing. He has the bigger picture. Maybe he doesn't even think of a quaterly dividend at all. But it doesn't mean he is an idiot. And idiot would not have built this company. Just because someone doesn't understand something doesn't mean he is an idiot. It can also mean that no one ever really explained the problem to him nor given him the solution. For him siaf is 3 generations and this is the first.
For 8 years shareholders have tried to put hope in the fact that Solomon would understand us. To help someone understand he is wrong one can ask leading questions that will make him think about the answers and then realize he is wrong. Most people have that ability to do that I think if someone helps them. We all have had this opportunity at every conf call. But we have not taken it.
For once maybe we should look upon SIAF from the eyes of Solomon to understand how he feels and thinks. Instead of trying to change him. There are others for that.
I don't get the punishment talk about shorts and Solomon himself. I do not think anybody should be punished. SIAF has never had a better opportunity to be a success as now thanks to seller, shorters and postponed deadlines. But at this moment we are making money and SIAFs valuation is awesome. We should all buy and do high 5s.
From Q2 call Sept 2 2016.
Solomon said
"And as a first generation farmer, Sino Agro Food usually a very poor in cash, but very rich in assets. And when we achieved that, although, the asset always looks good in the company, but it doesn’t affect in the capital market. Hopefully, like – if you’re a first generation farmer, usually you’re second and third generation people, your family will benefit.
So I would say that, SIAF is first generation, and hopefully, our shareholder will benefit, but it’s not that far away. But I’m fairly confident that spin-off will definitely pulls the value of the assets – of the company, and so every shareholder will benefit from it as well. Thank you."
AI
