Sino Agro Food Inc (fka SIAF)

[Traderfan]

Can't say I'm the least happy with todays PR. Yes in the end it might be the best solution but geez, did you read what they all want to do before they list the spin off in Oslo? It will take at least another year from here IMO. At least. Knowing SIAF it will most probably take much longer since they change their plans every few weeks and can't get anything done. Didn't they tell us that we fullfill all the requirements of Oslo? Obviously we don't otherwise we wouldn't have yet another change of direction. And now we know how much it means when FD says he doesn't lose sleep over the Oslo listing. Bertil is clueless as well overall. Geez, this just keeps getting worse and worse.

A lot of people knew this already....hint hint. That's why they were so confident in selling shares lately. Next 6-9 months we will have sub par earnings (in contrast to what we once believed) and nothing else to look forward to. Absolutely nothing that can bring up the stock in a serious way. I hope SIAF proves me wrong but I don't see it. If you think about it, we have a dozen so called "experts" working with and on the company and they still can't get anything done. If we would be at 12+ I would sell at least 50% if not much more of my shares today but there is an argument that we are already pretty low so I guess max downside from here is 2 bucks to 7 IMO. Shouldn't go much lower without additional setbacks or overall bad news.