Sino Agro Food Inc (fka SIAF)

[ks1977]

Before the ECAB-deal Solomon might have been able to pull of 10%, but now 20% is more likely. Since we are close to 50% more shares that mean that SIAF now has to spend 3 times as much for a cash dividend than one year ago (to get the same PPS). Congratulations, Solomon.

That 3 times is more or less permanent as well (the 50% is, and we might have lasting effects of trust-issue, so say 2 times and not 3 times), so the extra money needed to increase the PPS in the future will "soon" be higher than the money he chose to spend on/transfer to TRW instead of protecting the PPS and avoid dilution. Way to go, Solomon.