Replies to post #120665 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Yes, they have a number of options.

1) the TRW big loan.
2) some deal with ECAB like a convertible loan
3) TRW will simply pay back wat they owe in the coming quarters
4) If the MF partners can raise cash then they can pay back SIAF
5) CA equity sale or partnership. Or some asset sale.
6) Even TRW could do an equity sale.

I was never really counting on the loan. It seemed to me that Solomon went to Sweden to negotiate a deal with ECAB. But who knows, there are other options. Whatever it is, it should be doable.

[Redbull84]

There is a reason the meeting date in December was left blank.

No need to hurry, 2 months left to the meeting, and they will start a dividend/buyback policy by then, so they don't have to pay for anything until Mars at the earliest.

[ks1977]

Empty; Yes, they may very well be under the gun now - especially since they chose to do it this way (well, the PR isn't out yet). They should have been able to declare a dividend now, they would still have had a few months until they had to start paying.

This is either yet another huge carrot out of desperation, and/or a clear sign of how confident they are about the TRW-loan (or similar).

However, if we now get the F-1 filing and/or TRW-loan, then we're REALLY set for a magnificient rally!