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RealDutch

07/06/14 5:22 AM

#67399 RE: EagleCheck #67398

When do you think SIAF can pay a normal cash dividend of 5C?



You don't really want a 5C dividend. You want the company to use any surplus to repurchase stock all the way up to $5. And we can get there reasonably fast if they do in fact buy back stock aggressively. Imagine how much money you will make if we trade at $5. And the stock will still be trading at bargain prices.

But to answer your question, probably in 15 months time after the SJAP spin-off. Hopefully it won't be delayed. Or sooner if they can get a substantial loan or project financing of say $50M.