Replies to post #62704 on Sino Agro Food Inc (fka SIAF)

[snow]

kav

"Bankruptcy is the only other option in the absence of dilution."

This is of course sheer nonsense. A company that has net assets of about 300 million dollars and has next to no debt and has a better profit margin that 95 % of conpanies is not on the verge of bankruptcy. Some companies with no income and negative net wort of millions of dollars even so manage to avoid going bankrupt for years.

[Clayton van Brimmer]

We are carrying a portfolio of assets outside of our core competency and we should try to sell those. Not sure how many buyers will give us a fair valuation for those assets. Worth a try. Try to get funding and scale back securing equity for an aggressive buy back. Forget a divvy for now and get the share count under 100 mil. Dilution till funding is secure is a necessary evil and hope that is sufficient.

Well stated! Just imagine future EPS and divvies from the MF in future years at under 100M shares.