Replies to post #113637 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Even Fredrick Danielsson, who is very influential with Solomon, has not been able to get approval to do proper IR and PR.

None of that stuff will help much, Mel. Not in the China space. If you're lucky, you will get one institutional buyer. They will sell the stock one year later just the same. Perhaps it would work for FD in Oslo but the path is Hong Kong now, and a better path IMO.

What they are doing now, matters. The stock dividend. It should be followed by a cash dividend to support the stock. Perhaps some share buybacks although I'm not a big fan. Most companies failed miserably pursuing that strategy.

We have a real credibility issue here though. With the missed target dates. But it's not just that. When a new potential investor reads about the company for the first time, the first thing he asks himself is, is this a scam? The main reason is, the depressed valuation. The credibility issue is what the Board should be analyzing. But I get the impression that they would rather push it all aside. Doesn't matter. It's easy to fix with a cash dividend. And yes, we should be pursuing NYSE even though all other ventures have failed so far. Unless they have plans for SIAF in Hong Kong.

So, if they do all that, we can finally sit back and watch the stock go up. Then it's a matter of waiting for, and doing the pre-IPO and IPO. The SJAP carve-out and other deals. You will not have any problem recommending the stock to anyone, once they announce the stock dividend. Because the dividend is worth more than the stock already. And we're just starting.

[Martin79x]

Are you saying that fredrik danielsson is still involved?

[Martin79x]

Are you saying that fredrik danielsson is still involved?

[surfer44]

Not everyone gets happy about a rising share price. For example a Buffett type investor loves it when the pps goes down. In my situation the optimum scenario is if one of my other stocks skyrocketed while SIAF keeps going lower. I would sell off my skyrocket and buy more SIAF.

Some of this investing is time-dependent i.e is someone investing 6 months out or 10 years.

imo

[Sunblazers]

Well said Mel. But after all these years I think we have finally reached a point where the only thing that will get this pig out of the mud is Solomon needs to step out of the ceo position, he can still be chairman of the board to feed his control complex. This company desperately needs a professional vetted chief operating officer that can delegate and pour new life into a very tired management team.
I think all the talk about buybacks and dividends is total nonsense, yes it might add shorterm validity to the share price but does not benefit the overall health of the company. Any available company money should be used to pay off all debt, hopefully all the collateral issues will be resolved and dissolved to give us a reliable distinct share count, cuz at this point who knows? If the company is run correctly we would all be rewarded with high value triway shares and a much higher pps that would work itself out. The A shares also need to go away so some institutional buyers might participate. I am afraid if they don't deliver on the awaited promises all that awaits is litigation since there has been massive amounts of money lost by many and alot of carrot dangling, nobody ever thought it would take years to establish Triway and years to receive owed dividends.
I am like you and think we should take the NASA approach and work the problem people..alas that being said it just might be too late?

[fwb]

Mel, when I come across different companies that could use SIAF services, I email them about SIAF.
For example HEMA Supermarkets Own by AliBaba is one.
if people here would start a campaign of spreading the news about SIAF, it may stir things up.
No harm in trying