Replies to post #104599 on Sino Agro Food Inc (fka SIAF)

[challe08]

Well you can't have it all. Suppose they sell that 25% for $150M. $25M will be paid as a dividend. And with the other $125M they acquire a 75% stake in the MF.

Market value of the MF only 600M!!?? You see, even you can't sell it even close to a fair value :-)!
MF have to mature 2-3 years before making such a deal.
I guess Sjap spin have to come before Aqua, should/have to be the plan. If so, they won't need those 125 million to acquire a 75% stake...that's the glory of it all!

There has to be something in it for the Norwegian investors as well (which may also be a requirement for getting a listing on the highest tier).

Was thinking the same, but do we really need to start at the highest tier...I'm not sure, a slow start at Merkur could be just as good and gearing up to main in 2019. With 25% with our partners and 51% with Siaf I realize there could be something for some financial wizard to solve for us. Bottom line, don't sell MF too cheap and too early!!

Hmm...would we even be in such a hurry to list the aqua play if we manage to spin Sjap and get the 75% stake?? If so why? Maybe focus on HSA after that instead