Replies to post #87199 on Sino Agro Food Inc (fka SIAF)

[melehuna]

I've already heard local disagreement with my views. ;-)

I intended to make another comment. I think that the appointment of Bertil Tiusanen is substantial and important news that merited a press release of its own.

But all in all ... Go SIAF!

[RealDutch]

It seems to me that would be a much faster process than to start by divesting multiple different kinds of businesses that are not aquaculture related.

I don't think much will change. SJAP's spin-off is nothing new, and HSA was probably next. They may phase out MEIJI and CF1/2 and sell HU but anyone with an IQ of 80 could have figured that out 3 years ago.

They may want to get some of this stuff off the books (by reducing ownership below 50%) but it's not a certainty.

I think the difference is more about perception. ECAB wants to present the company as an aquaculture business whereas Solomon enjoys talking about flowers :-)

So, to answer your question, they can't spin off the aquaculture segment because they don't know what will be left in a few years. And there is no need to. This is all about perception.

[snow]

melehuna

I would not be too surprised if the pps reaches 100 dollars next year. A p/e ratio in double digits does not seem out of the question. If a few People with big Pockets decide to buy a sizeable stake the rise in the pps could be fast. Time will show.