Sino Agro Food Inc (fka SIAF)

[ks1977]

I for one think we will be trading higher post TRW ex date than what we are currently (that's different from your point/question though). No doubt the PPS of SIAF is heavily affected by a lack of credibility, but after the TRW ex date Solomon would have proven that his intentions are true (he will not have disproven mismanagement and that he is not right for the CEO-position, but his intentions will be clear for anyone). This should give more credibility for the cash dividend policy so that we trade at a lower yield.

We still need TRW-financing (loan and/or pre-IPO) or some other means to be comfortable that SIAF doesn't have to dilute further for the cash dividend, but the 2018-dividend is only 2-3MUSD so hopefully not even Solomon is able to screw that one up.