Sino Agro Food Inc (fka SIAF)

[RealDutch]

Certainly, when finances allow, SIAF should have no difficulty in fulfilling that promise.

Let's see
8% of 2012 earnings = $4.6M
8% of 2013 earnings = $5.9M

Total $10.5M
Divided by 165M shares gives 6.4c/share
A yield of 15.2%

You will need $10M for buybacks either way.
I suppose it's possible if they can get a big enough loan.

The important thing though is to tell investors what to expect.
So that could be 1c per Q in 2015 and 2c per Q in 2016, and take it from there. That shouldn't require much planning.
Makes you wonder if Solomon has done much planning at all. So far.