Sino Agro Food Inc (fka SIAF)

[Emilez]

Three questions are important.

1) How safe is it?
I have validated pretty much everything. And it's not like this company is going dark with all the shares that the Board members own. Only problem is, Solomon is making a mess on the financing side.

2) How cheap is it?
It is really, truly, 10x cheaper than the next cheapest thing, when you include the growth rate expected to come from at least 1 mega farm.

3) Does management have good intentions?
I really do believe so. It was Solomon who invented the spin-offs. At least they are trying to get an uplisting. They screwed up on the dividend but that's because they don't have their financing in order.

Mistakes have been made. The financing is a mess. And I have been hard on Solomon. But give me any other Chinese company and I could easily smash it to pieces if I wanted to. So that gives you a better perspective of what we are dealing with here. And yes, we will be rewarded 10x and much higher.

Yeah let's just hope Solomon will stick to the 26 million he said he needed and will not go haywire with additional capex.