Replies to post #113484 on Sino Agro Food Inc (fka SIAF)

[modes948]

They can't buy back shares for sure. Waiting for SEC approval for the dividend. Negotiating a loan for Triway. God knows what the Asian bank is doing. And then they are talking to companies abroad as well. All potential material events.

So a dividend is something that we can hope for?It hasn't got the above restrictions you mentioned a few days ago?

[ks1977]

I'm a new poster and a new investor - yay?

A cash dividend would have done wonders for the stock price - preferably a monthly uninterupted cash dividend. If they stop investing and spend some of the EPS as a dividend, then even a small portion of the EPS would do wonders.

I would also like them to do buyback, but that might not have done wonders for the share-price. I thing the market-price is a combination of lost-patience and a fear of fraud. A buyback would not counter the fear of fraud, but it would help for the EPS :) Hopefully they will open for a buyback and then, as soon as they have a cash-flow that allows (and doesn't compromise the Tri-Way IPO) buyback a lot of shares (imagine the book value pr share if they bought back shares until the stock price rose to say 5) and THEN declare a monthly cash dividend.