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Sunday, March 07, 2021 1:22:35 PM
Look, the insiders can only see the company from the inside. It is hard for them to be objective. Whereas we the shareholders can see the company from the outside. Both views are very important.
We are in this together, insiders and outsiders. The fact that some of us will sell at $100 is irrelevant. More so, because this company needs a higher market cap more than we do (because of the business model).
I can only speak for myself. Do you really think that these CEO's don't make mistakes? Ugh! 7 years ago I "told" the SIAF CEO to get rid of the plantation and beef division. Some people already agreed, because it was quite obvious, actually. But you know how it is, my opinion doesn't matter, right. 3 years later the CFO was desperately looking for cash and told us, the company doesn't have non-core assets which it can sell. Of course, I was furious. It is pretty obvious that they believed what they wanted to believe. And 3 years after that, listen up... they got rid of all 3 of them. They did exactly what I told them to do, only 6 years too late. So don't tell me that my opinion doesn't matter. Did you know that I actually got more than 30% of the votes for a position on the SIAF BOD? Because people had more confidence in me, my knowledge and ideas, than the CEO and CFO combined. But it was a (CEO) controlled company, so the CEO simply shoved me aside (ignored me).
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