InvestorsHub Logo
Followers 8
Posts 869
Boards Moderated 0
Alias Born 11/17/2014

Re: Mr. Fister post# 157073

Wednesday, 08/14/2019 6:56:39 PM

Wednesday, August 14, 2019 6:56:39 PM

Post# of 163716
The lawsuit will take many years (read or talk to others about how long such a case like this can take and likelihood of success) but I believe it is being used more as a tool to pressure Solomon to be shareholder friendly. They don't want more common shares in the company. They want Solomon out of the drivers' seat, professionals in the CEO/CFO position and on the board, cash dividends, buybacks, and TRW shares. Nothing wrong with that.

And if the settlement is dilution after being sued for reckless dilution that would be pretty comical.. Not going to happen. Not a fan of the decisions up until this point but I strongly believe Garrett more of less took over influence since last year which has never happened before and the goal is to simply focus on selling fish AKA TRW and stop spending money elsewhere. SIAF has finally managed to stop the bleeding due to stupid decisions and return to growth as a smaller company as proven by this quarter. The market is valuing this as a bankrupt company, which I strongly disagree with. After the last few quarters I'm now convinced it looks like a profitable company with very high upside growth potential if they can close loans. That's my thesis.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.