Sino Agro Food Inc (fka SIAF)

[EagleCheck]

Handl... no reason in my mind why we should be satisfied with a sub 10 PE if they get their act together on the corporate issues, get loans, get listed, tell the story and kick butt on the operations. Easier said than done but they sure have had enough time to get it right.

Regarding credibility and get listed on FN or OSE. One of the most important things that has to be done is to get all economic reporting in good shape. Olivia has been working with that since her first day and made it far better than it was when SIAF tried to get listed with the help of Penser several years ago. Back then the reporting was a total mess and it isn't strange that Penser didn't follow through. Now Bertil has to simplify (we have far to many pages) the reporting and streamline it to a more western appearance. This has been one main reason that we haven't been listed earlier. When the reporting is in good shape SIAF has to "prove" that the figures actually are correct and that we have this fantastic EPS. As Dan Ritchey and Nasdaq said two years ago: "There is a disconnect here". One way is to pay dividend. I'm sure the BOD are working on more ways to do this.