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Re: emptyone post# 136458

Monday, 04/30/2018 2:32:49 PM

Monday, April 30, 2018 2:32:49 PM

Post# of 163718

jyyoo, nobody disagrees with that. What I disagree is letting Solomon have a free reign in starting new lines of businesses, seeding them with new capital etc. when he has proven time and and again to failed at like kind ventures. Enough already. The man is 75 years old. He knows fish farms, stick to it and be happy with it.


I don't see any indication of this happening do you? In fact we've actually finally seen the opposite with CapEx reduction and Solomon actually stating that this is the company's goal. They already got rid of the abattoir etc. Once Tri-way is self-sufficient with this $100M loan, priority will then be shareholder value creation starting with cash dividends. This talk began when that memo leaked last year but remember putting a cap on the outstanding share count was also on that list.

Solomon has recently come a long way (whether because of recognizing failures in certain areas, seeing the stock price implode, or influential people finally changing his mind) because now we are actually very close to nailing down a cash dividend policy which is truly groundbreaking for those that know Solomon and SIAF shareholders who are used to having him plow cash away in wasteful ventures.

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