Sino Agro Food Inc (fka SIAF)

[viking86]

well... I could barely sleep last night, just b/c of that da#@# small line in Petrejus' post that says 50% of NI payable as divi from 2014 onwards... have never seen anything like this except from MLP's (Master Limited Partnerships) that by law are required to pay out 90% or so of their net earnings every year. Even AERL, one of the few China small caps that does pay a fat divi, pays out only 15% of its annual NI in divi but 50%? Maybe Solomon meant to say 15%? Can you confirm that, Petrejus?.

Anyway, anybody thinking about retiring soon? yes, me. I was thinking, hey if I get paid just $1 per share in divi (and God knows it could be more than that after 2014 the way they are growing, just jot down some credible numbers and see it for yourself!), just owning 60k shares would pay for my annual needs and I still keep all the shares that are worth something, esp. if they are spinning off a sub per year on HK or Shanghai exchange for the next 10 years. Talking about too good to be true. That's why I could barely sleep last night.

Btw, I found the video that Hyberboy shot about yield-at-cost. Take a look if you have time.