Sino Agro Food Inc (fka SIAF)

[RealDutch]

Some say that a dividend will give us a SP of $10, that is PE2 today, are you really happy with that, I'm not?

It's a P/E of 5, not 2. Yes I'm happy with that. And fair value for this POS until they get their act together.

Erase the past and we will have PE10-20, that is $50-$100...

You still don't get it. Cash dividends will give them credibility. Share buybacks will only create more uncertainty. A year from now they will have bought back 400,000 shares and issued 600,000 shares to employees. Nothing will change.

Ask 10 experienced guys who have been investing in the China space. At least 8 of them will tell you that cash dividends are far more effective.