Hi everyone
Last time i wrote I said it would be my last time, but I have some news that I can share.
I was writing with Solomon a few days back. Just as all of you I am not happy over the low price, but unlike most of you I know for a fact Siaf is not a scam. You may belive so, it is a free country, but it is simply wrong.
I asked him about certain things, such as if the dividend was still in play, if the diluting would finaly be over and if we hear something soon about financing...
You have to understand that Mr Solomons job is not to make you all rich? His job is to make the company prosper in whatever way he can. You all knew that it was B-shares you bought, you all know that Solomon is still in controll and it is not a secret that he is not doing this for money, kapitalism or fame, he wants to leave a legacy that can basicly feed the world!
So I understand you are all sad about the current prices, but had you done your homework you would have realised that it is a looooong investment this, not something that will make you superwelthy in 3 mounths...
Now, solomon said that the divident as of now is not in any danger. As of now it will be paid out on time.
He said that the plan has not changed, diluting will stop as soon as possible.
About the loan that we have been waiting on he had no news for me, but he said he was still hopefull and that even if some people claim the loan is dead, it is simply not true.
I been in Siaf for some time now. I dont have insider information, but with the companys trackrecord i will make a guess.
Divedend will happen as planned, diluting will contineu untill the loan and the loan wont come untill 2019. Every time they speak of new things, it has always be delayed. It sounded like it would come in Q4, but my guess is 2019 in Q1.
I personally sits still here, quite comfortable, i know i will get my money back and that I will most likely make some aswell. You just have to be patient:)
/M
