Sino Agro Food Inc (fka SIAF)

[jyyoo]

As someone said earlier, the dividend policy gives the share price a floor. If the share price drops to 5 cents, we'd have a 100% dividend yield in a few months. That's unlikely to happen. I trust SIAF to pay it just like they have done in the past. At least the first one. When the X date is eventually announced, I hope we can look back at the times the stock traded at 36 cents in the rear view mirror.

I completely agree. The cash dividend was so important because it prevents "fear selling". Now there is a bottom. Earnings have also started to improve. That was the other problem that we seem to have overcome recently which also came from a reduction in CapEx from Solomon (difficult task but finally achieved).

These events have kept us steady for the past few weeks after bouncing but in order to actually start moving continuously higher, the next major problem to deal with is "dumpage" as RD likes to call it. Hopefully we are close to being through with all the selling of shares that had to be issued to those 3rd parties that needed to be paid in shares. As I said before I suspect we are based on the aggressive buying we've seen recently.

In regards to the Tri-way loan, I don't know the timing but Solomon claims they are still in the advanced stages and confident even recently. Take that with a grain of salt apparently..Keep in mind there are also 2-3 other small loans Tri-way has applied for as well besides the big $100M syndicate bank loan, and these smaller loans have a quicker approval process.