Replies to post #62729 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

One easy way to solve the financial problems would seem to be to sell off part of some of the subsidiaries or free some of the deposits by letting others buy those stakes.

Yes, that is a good point. He could for instance sell $7M worth of deposits (roughly a 25% stake) of PF2 for $25M to a third party and still maintain control. Those farms at full capacity have a ROI of something between 1 and 2 years. Let's make it $20M then, he should be able to get at least that much.

Solomon's interests are not 100% alligned with ours. He wants to grow a business, not sell it. But given the excessive dilution and dumpage problem he needs to come up with something fast (other than promises of a bond or a loan). Look, the shareholders are just as much to blame for this. Most people have always supported his expansion plan.