Replies to post #88872 on Sino Agro Food Inc (fka SIAF)

[viking86]

Of course any share issuance affects eps. There is a reason why GAAP REQUIRES eps reporting based on basic and diluted waos, and not on o/s. I donot think it's legal to say "oh we are going to count the new shares in the o/s but we are going to leave them out of the waos b/c..... When shares are issued they must be added in the waos (and reduce the eps). When shares are retired from o/s then they should be substracted out of waos and eps would be increased. But I donot think its up to a company to decide when to account for dilution for not. Dilution is dilution, period. Imo