Sino Agro Food Inc (fka SIAF)

[ks1977]

At the moment 2 dollars appears to be a reasonable pps for SIAF the way I see it

I'll have to disagree with you on that one If Solomon delivers on the cash dividend (and pays it this year) then $2 might be reasonable within 6 months or so.

At the moment, after a 100% dilution at fractions of book, butloads of fluff, a imploded PPS that he didn't even try to defend until it had fallen more than 95%, we don't deserve $2 - that would indicate a yield of 5% (or 7.5% if you include the first three 5 cents).

We should be very pleased if we are able to get to a PPS of $1-$1.5, i.e yield of 10%. Currently I fear that 15-20% yield is accurate, if/when they declare the ex date.