Sino Agro Food Inc (fka SIAF)

[ks1977]

I guess everyone still believes they can buy it cheap

So far they have been right... Disregarding update from AFs there is probably nothing happening until the Q2-report mid august, we might still have heavy dumping from the 55 cents left (although the probability of that decreases by the day now), and the PPS might move significantly for the Q2-report (both ways, although my wild guess is that it is more probable that it will be somewhat unaffected rather than taking a heavy dip, but it is probable).

It seems to me that SIAF is unable to attract new shareholders, so it is mainly old shareholders who has to increase their stake and hence the bid is limited (with the exception of days with dumping, then there seems to be a big buyer).

What we need is an article in Finansavisen or similar where they mention the 15-30% yield from the new cash dividend policy. Most people will still put SIAF in the "too good to be true" category, but it should attract some people who are willing to make a high-risk investment.