Sino Agro Food Inc (fka SIAF)

[ks1977]

Do you think this has to do with financing or the cash dividend?

In case Nights got scared from the welcome (s)he got, I'll take a shot on this one;

1) We've heard reliable news like this before, from several respected posters. Let's hope it's different this time

2) I doubt any financing will get the PPS to 0.6 and certainly not stabilize it there. Either we have a large financing which should bring the PPS much higher than 0.6, or we have a minor financing which might do more harm than good (if the market believes that the large one is of). If we get a small bonus financing then that might bring the PPS up to 0.6, but it will not stabilize the PPS - cfr last summer

3) I.e if there is any good news then it has to be a cash dividend. The 0.6 would indicate a dividend of 6 cents (or 1.5 pr quarter, no way the PPS will stabilize from a yearly dividend). However, I fear that 6 cents will be too little and too late. It might not even be enough to start to rebuild trust in SIAF - unless they announce an increasing dividend that is (i.e 1-2 cents immediately, 3-4 cents next Q etc).

If SIAF has changed their minds and found out that they can distribute (the 12%ish of) the TRW-dividend in several steps (4 quarterly ones?) without having trouble with SEC, then that should stabilize the PPS for at least 9-12 months. However, that should give a PPS higher than 0.6.