My views should not be relied on our considered worthy. But here is my sense
- obtaining financing that will convince all shareholders present and future that capital irrationality and share issuance is over and done
- Hiring the right ceo for triway, this is crucial for shareholders to have confidence looking ahead for what triway will he worth long term
- credibility restored requires at least one year or two of no major management mistakes
-consistent dividend payments paid timely and a gradual increase each year
- forward guidance starting to represent reality and reliability for investors
- liquidity becoming ample for substantial shareholders to come into the stock and know they could get out
- reliable net positive cash flows at siaf to facilitate the ability , in 2 years or 3 to be capable of a sustained highly sophisticated , persistent , durable , program for repurchase of shares and doing this with the right IB over a period of 1-2 years to drive stock price towards doubled audited book value
- financial officers and function that is full time dedicated to investors
- all leading to the only factor that I believe in the long term that can create a platform to drive the stock price to book value and above is gaining institutional investors. Without institutional investors the value of siaf will not likely achieve its full potential
-dividend payments at all times paid to yield 10% + on what the current stock price is so as stock price rises dividend paid equal 10% so in 2 years if stock is 8 then dividend have to increase to 80 cents if stock price is 20 dividends have to be 2$
- institutional investors will not invest until many of the above factors are concrete and demonstrated to be persistently stable and the growth of eps consistently achieving company guidance.
There are many risk elements involved that predictions become quite useless.
The opportunity is as you indicated for VC / PE type multiples on your capital.
