Replies to post #89453 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

You don't want to know what I think.

I think FN won't happen until after the summer. I think Solomon refuses to give guidance because 2015 results will be poor. And I think the stock will trade in the $12 to $18 range throughout the summer.

I think this is my objective assessment. But it may not be because my stake in SIAF is rather low at the moment and I prefer to see my other stocks go up first. That's the big question. Whether I will be right or not might be dependent on other factors, like institutional buying. One can't predict these things.

The stock market is a funny place. And I don't mean that in a positive way. You have multi billion $ companies with no assets or earnings. At the other end, you have good decent companies with 10x the cash on their books that can't even achieve a P/E of 1. Who knows what will happen to SIAF next?

[Broke_Broker]

why is SIAF Share price seem to stall over the past few days?

SIAF went up 90% in 2 months. It's of course great to see but no one should be surprised about a bit of correction. After it went up 100% last time, we saw a 6 month consolidation period before it went up another 100%. Also note that the share started it's second journey up without the need of additional news or triggers.

Have a look at any other chart where a share have sky rocketed. There are always multi-month periods of consolidation. This is nothing strange and not something we should be surprised about.

If SIAF is on track with the FN application, that could easily become our next big journey up. Nothing has changed on this since the last CC where they mentioned it may happen this month (application, not listing).

Some people here expects a PR regarding the application alone but my bet is that we won't get a PR until the application has been approved and the company is guaranteed to list on FN.