Sino Agro Food Inc (fka SIAF)

[nisse44]

So if I get this right. At the div date we will get a part of a company called Triway that is believed to be traded in the future right? But we will not know when or where? And we have no idea how this will influence the SIAF shares. If I was an institution or a small fund I would sell out before that date. If I do not I will hold in my account something with no value (that I can't sell) and that will be traded (hopefully) on an asian exchange. In SIAFs case it can take years for Triway to be on that exchange. All the time SIAF fail to deliver on time and every time this happens shareholders think the next time will be different. This uncertainty is not like being the big players.

If you took part of the Triway Pre-IPO how much would you pay? Probably not full valuation now would you? And how big part would you like to have? I doubt Solomon will give away anything over what he decided. That is tricky for him and would stall the IPO.