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Re: emptyone post# 139239

Tuesday, 05/22/2018 2:25:42 PM

Tuesday, May 22, 2018 2:25:42 PM

Post# of 163761
Empty; Indeed. The potential in SIAF is still incredible, although the risk/reward has shifted to the worse from what it was (supposed to be) one year ago. I doubt Solomon is able to realize his (negative) part in this, and even if he does he might want to be the one to steer SIAF to glory (even if that means that it takes longer than with a proper CEO).

The cash dividend has greatly improved the risk/reward though, let's hope OTC will allow Solomon to be rewarded for this move! A TRW-dividend in Q3 would be magical, but I feel it is more likely that it will be Q3/19 than Q3/18 (if it is going to be Q3 that is). Hopefully I'm wrong.

The next few days till the CC will be interesting; OTC has a 15% discount compared to Merkur now, so it doesn't matter whether the PPS is climbing or descending it seems, Merkur always has a premium to OTC. I guess we don't have the same China bias here as in the US (yay for Merkur).

At the moment you can buy shares on OTC with a 13% yield (or 11% for the closing price on Merkur). I think 10% is good seen from SIAFs perspective (although many of the current shareholders might not be able to resist increasing if able), and it is probably helped with the 10 cent (or more) dividend for 2019. As soon as we have the ex date for the Q4-dividend - and thus some more trust/credibility - we might be able to lower that yield (maybe closing in on a 10% yield compared to the 10 cents and not the 5 cents). However, the big joker here is the TRW-dividend. And dilution (put an end to that and more people might dare to invest).

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