Sino Agro Food Inc (fka SIAF)

[Mark-J]

First phase of 3 weeks has gone and of course as always I was right and he was wrong and Siaf didn't deliver. Easiest guess ever.

My expectation is the announcement of delay is after couple of months. 31.12. dividend is not paid and shareprice slowly coming down, i believe under $0,25 in the end of the year.
Nice to have exact predictions so we can compare these.
You are so knowledgeable you must get this right, not me.
Let's see preliminary results after 3 weeks.

Quote:
My expectation is, the announcement in the next 2-3 weeks. The record date in early october and the final payment (ex-date) 1-2 weeks later. At least a $1.50 share price. If Solomon quits dumping stock it could even be $3 before the ex-date.

I do however expect them to screw things up afterwards. The "new initiatives" and the "new loans" and the "improved cash flow", we have heard it all before, many times. They do not have a plan. That's what worries me.

They have to at least announce the cash dividend in october. Announce the record date for the 2nd distribution. And, do whatever it takes to stop the dumpage. They are not doing that now.