Kiri Industries: Loan reduction and demand surge

I think we must think twice before passing off our opinions or assumptions as facts. The promoters have suffered along with the investors since 2010:

1. They pitched a turnaround opportunity to Longsheng and were actually able to turn it around. Then they saw it fall flat as Senda refused to listen to them on any part of their business
2. Their current dyes business suffered not only due to industry dynamics but also because a lot of their energy and money had to be spent fighting out this case in Singapore
3. All this while they’re seeing huge bull markets come and go, new industries and cycles playing out
4. They also don’t want to stagnate and want to grow their business which doesn’t happen if you pay off everything as dividend. They themselves would become much richer if they had paid off the dividends and started another company
5. They have roped in experienced professionals to invest in sunrise sectors as any businessman wanting to diversify should
6. Copper production anyhow involves a lot of chemistry which they have experience in + utilizing the SO2 released to make fertilizers