It's discouraging to read this board, which is why I stay away for long periods. I think that some of us who obsess over the share price need to get out and breathe some fresh air. Positive actions and news that will improve share prices have not yet occurred. We're sick of waiting, and looking at the red ink caused by our undervalued shares. Our negative views are self-fulfilling.
Let's channel our positive knowledge about Sino Agro Food. New shareholders are "coming on board" at these low share prices, and business efforts surely continue, despite summer slowdowns. I have added modestly to my portfolio at .385 and .40, which causes me to think more like a trader than I ever intended. I am confident that I will be a happy long term investor.
Although the Company hasn't been able to give us news, we have absolutely no reason to think that they aren't working hard, in a direction that is positive for the shareholders. I think they may be taking groundbreaking steps for a Chinese company of their market size, and that it can't be easy. We all know that the share price is not related to the fundamentals; that's what makes it such a great value. We know that the Company is tracking according to their plan. We know that they are paying big bucks for ongoing due diligence. They have a couple of new board members, and are working to secure bond offerings in major markets, in addition to submitting to extreme scrutiny for the FN listing. The management team is working hard, and they have listened to shareholder complaints. They don't intend to dilute again, and they're doing everything possible as quickly as they can. External decisions are outside of their control. It must be frustrating for Solomon and his team, as it is for each of us.
Please, take a stroll and enjoy the summer breezes. Drink a refreshing beverage. Enjoy today's moments a little bit more than you're able to when you become obsessive about daily price points!
Remember that this company will perform very well in the longer term.
