But, to say that Solomon has done nothing to create value for shareholders is false
Let's be fair, he destroyed shareholder value most of the time. And his plan B (dilution) when things were going from bad to worse, that he joked about, I didn't get the humor.
The company was about to implode. They had to sell a $360 stock for 75 sents to ECAB. Because they didn't have a choice. I call that mismanagement.
Solomon doesn't live on this planet. He must be dreaming on some distant island that is called "fantasy island".
I'm telling you, the stock might very well correct 20% to the downside. Because Solomon didn't give guidance. Because Solomon doesn't get the message. Because Solomon will never learn. You can shoot the messenger but it won't help you one bit.
On the positive side, we might be looking at ANOTHER big beef contract. One that will dwarf the other one. One that will involve Wagyu beef. That's why they need all those cutters. Because they will cut up this beef, unlike the beef from the other contract.
The problem is as always, I'm teliing you this. I have to make this stuff up (and sometimes I'm right).
OK, my previous 2 posts were deleted. I will try a 3rd time. Saying that Solomon has done nothing to create shareholder value is simply not true. If you took a quick trip to China to view the SIAF operations there, I think you would change your mind. I think the point you are trying to make is that Solomon could do more to enhance shareholder value. I agree with you. But, to say that Solomon has done nothing to create value for shareholders is false. I think what Solomon has built in a rather short period of time is truly phenomenal. He certainly has created value for me.
Sorry RD, as much as appreciate all your analysis I'm in Maui's corner on this one.
OK, my previous 2 posts were deleted. I will try a 3rd time. Saying that Solomon has done nothing to create shareholder value is simply not true. If you took a quick trip to China to view the SIAF operations there, I think you would change your mind. I think the point you are trying to make is that Solomon could do more to enhance shareholder value. I agree with you. But, to say that Solomon has done nothing to create value for shareholders is false. I think what Solomon has built in a rather short period of time is truly phenomenal. He certainly has created value for me.
and ECAB and the new guys promise to fill out the team and seal the deal with shareholders.
and what's with this deleting of posts??? Pretty weak imo.