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Black_knight

03/22/17 8:10 AM

#110076 RE: challe08 #110075

At these prices it is better to be buyback shares a few years before paying dividends.
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RealDutch

03/22/17 8:12 AM

#110077 RE: challe08 #110075

If they somehow would manage to get half of that out in cash



They won't. Even if Triway has surplus cash (which it won't) they will use it to get a better deal with the contractor. Triway needs to grow, not pay out cash.

SIAF will receive $100k/tank though. Or roughly $80M+ in the next 4 years. Plus the $55.1M that Triway owes us. Plus service fees. But they have to plan for it now if they want to pay dividends 2 years from now. And planning is not Solomon's strength.