Replies to post #117243 on Sino Agro Food Inc (fka SIAF)

[Redbull84]

TW will start repay it's debt to SIAF in Q3. Remains to be seen what they'll do with that cash; reduction of loans/collateral shares, buybacks and/or cash divi.

They won't get any money back from the loans that SIAF provided them with, just the difference from the ownership 24 vs 36 % which gave 1,5 million less in profit this Q. So they may give us 3 million more in Q3, but that's nothing, they will need those money and it will not be enough for any buybacks or divis. TRW should doing better in Q4 tho.

Siaf needs to save money now, get HU in order again(replant everything) and sjap, yeah, chickens or whatever. So they need some money to get the business rolling again as well. And they still need to pay off loans that will expire next year, so this is a bumpy road at the moment, we'll see how these guys will make things happen. The MF guys are out of cash, siaf is for sure out of cash without any bigger profits and have some loans that may fail if they don't keep their financials in order. Otherwise we will probably see a hefty dilution party again, at least they don't need to raise the limit of the O/S again.