Sino Agro Food Inc (fka SIAF)

[RealDutch]

The Q1 report won't matter.

If TRW is struggling then imagine how the local shrimp farmers are doing. It could be beneficial for setting up cooperatives. Look, TRW's yield is 10x higher per hectare than what local farmers are used to who don't use RAS. The difference is that big. You have disease, typhoons and now prices are down because of the corona crisis. We already had oversupply globally keeping prices down in recent years. The local farmers cannot survive unless they invest in (cheap) technology and boost the yield significantly. This could be another wake-up call for them.

It really is about financing. The above is just one reason. If Fredly/Heng Ren invest in the company then it will be a different company overnight and we will see $1 soon. If TRW signs up a big financing partner, even better. We may get part of the $63M TRW receivables paid in cash, resulting in a huge cash dividend relative to the share price. So these are the things that matter. It is all about financing, as Garrett pointed out recently as well.