Sino Agro Food Inc (fka SIAF)

[ks1977]

For me, this means that I have bought what I need of SIAF today and I would expect the stock to drop tomorrow, but by how much, I do not know

I have absolutely no idea; it might drop 50% (if we assume that shares are traded without the right to the TRW-distributions), it may stay the same (if MMs are playing with us and don't know about the distribution(, and it might go up 50% (if we get a PR about the cash dividend).

If we assume a yield of 10% (which is a bit low, Solomon doesn't deserve that trust at the moment) then we would have a PPS of 1USD (based on the 5 cents pr H). Currently we are trading at a yield of 25% (disregarding the TRW-distribution), so the big question is how the ratio fed-up-share-holders-wanting-to-get-out vs new-shareholders-becoming-aware-of-the-cash-dividend is.

I'm not going to speculate about the PPS going forward, neither short-term nor medium-term. The best thing we can do is to assume that we will not get an exit-opportunity, and then take it as a bonus if we do (and if we don't, then just settle with the distribution and the dividends)