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Traderfan

07/09/12 10:48 AM

#13572 RE: Andrew26 #13571

Exactly. As of now we have plenty of sellers in the 45-50 cents area and nobody of them cares about the 65 cents guidance given by SIAF months ago. Unfortunately that's the reality in this sector. So hopefully we find some more people in Europe who DO care to see some price appreciation in the future.
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treit2002

07/09/12 10:55 AM

#13574 RE: Andrew26 #13571



Perhaps the most major catalyst, rarely talked about here, is turning cash flow positive.

You can't generate $100M in profits without substantial tangible assets and infrastructure. That's what SIAF is fast growing toward 2013 when cash earnings start to outweigh capital development.