Sino Agro Food Inc (fka SIAF)

[RealDutch]

Perhaps you are forgetting that I sold all of my shares for $12 (and higher). At the time SIAF was number 4 on my buy-list and there was no need to own it. They refused to give guidance. I returned the favor by refusing to buy the stock.

And that lasted quite a while. I was impressed by the carve-out and by their ability to file on time. I'm not going to repeat everything I said before. And the stock got cheaper and cheaper. So now it is by far the number one on my buy-list.

Bad management doesn't mean much to me. We all make mistakes. But they did a very good job with the carve-out. Unfortunately the market does not care. And the intention is good as well. Very important as well in the China space. As well as their ability to adapt.

I'm not sure that we will get the cash dividend now. If it obstructs potential loans that they are seeking, then we may not get it. It's all a matter of priorities. My point today is, they should consider it very carefully. Make the wrong decision, and we could be in a world of trouble.