I mean, for a value investor, there is no better deal out there. Look at valuation, growth, competitiveness.
There are lots of China stocks which can drop to zero given similar circumstances. But at least they are trying to make it work for the shareholders, we hope. With the COSO, and the dividends. And there's support from Sweden.
We do not have to fear the shorts here because they do not have an interest in such a depressed stock. Usually. And we do not have to fear delisting because we do not have a senior listing.
We have no VIE. And SIAF/CA can distribute profits unlike many Chinese companies.
So if SIAF can't make it work for the shareholders, then what other company is going to make me money? Is my point. It's a lottery. Buy a random stock out there and you could lose 50% in a week, if someone sneezes. There is a false sense of security in the stock market. And a false sense of insecurity with SIAF. I'm a value investor.
SIAF won't make it 100%. Perhaps 60%. But it's still the deal of the century at 50 bucks. I just wished they would pay those cash dividends, and make it 80%. Because that would solve a lot of problems. But apparently they can't see it.
The thing is, we can't fail here. Not after everything else has failed in the China space. I'm fkin dead. And so is the rest of the stock market. If it isn't already. For value investors.
AI
