Sino Agro Food Inc (fka SIAF)

[ks1977]

A memo of understanding

It's basically worthless, especially for Mr Fluffy (i.e Solomon). I'm happy to see something happening, but I don't think it will affect the PPS - neither in the short term (Solomon doesn't have any credibility left, not after the TRW-distribution issue, and certainly not before we get the ex date for the cash dividend), nor the medium term (at least I assume it can take time for this to take effect if the MOU turns into something more meaningful).

Does anyone have any insights in this stuff? (i.e the China-Angola)

BTW: Besides the 50 000 MT aqua + 150 000 MT feed/fruit/vegetables, the project might be expanded;

In the future, the project may be expanded to other locations; namely, the ”Tiger’s Bay Development Plan in Namibe, Angola

Since they already know which area it might be expanded to we'll just have to cross our fingers and hope it will be funded