Replies to post #79962 on Sino Agro Food Inc (fka SIAF)

[Hessi85]

Thanks Real Dutch...! So the way i see it now is:
1. We get listed = yeah Very good
2. We sell part of SJAP = heller yeah Very good
3. We get dividen 2016 ish = yeah good
4. The megaprawn farm delivers big time = damn good yeah

Anything u guys could add to the list ??

[viking86]

Total cash raised on behalf of SIAF shareholders =
(0.45 - 31.5) x $70M x 15 = $141.75M

Shouldn't it be 31.5% x $70M x 15= $330.7M if SIAF owns 31.5% after spinoff?

SIAF shareholders still own 31.5%, which value will be reflected in the share price.
0.315 x $70M x 15 / 22M = $15.03/share wink
The market doesn't have a choice but to give us fair value on our remaining stake in SJAP. Which could also boost the value of the other assets locked up in fishery etc.

The $15.03 reflects SIAF stock value based on SJAP/abattoir only. What do you think the fair value for the whole company would be then?