Replies to post #140016 on Sino Agro Food Inc (fka SIAF)

[ks1977]

re-evaluate why you invested in the first place

Well, that's the issue; for the imminent TRW-dividend that were protected from dilution by the ECAB-agreement

it is never new information or perspective

I get that you are annoyed by my furious bashing, but at least someone liked my point that the H2/18-dividend could/should be viewed as a semi-annual dividend and not an annual one (which I've also have pointed out on two other forums, which might have increased the support for the PPS).

the cash dividend ultimately gives credibility to SIAF, and once it is paid and people understand the cash dividend will continue to be paid and actually increased heavily throughout the years then you will have institutional investors who will value it not as a "fraud" but simply a company that was financially mismanaged by an entrepreneur

I agree with the first part - it was very wise to also declare the dividend for 2019. However, there is no chance that institutional investors will join before Solomon has retired as CEO (at least I can't see how it is better to dilute with a 3$/share hit to book value than to take a loss and take a 3cents/share hit - not accurate numbers, but you get the drift if you read my other post)

Once this mental shift occurs, which is already occurring at the retail level, and we begin to trade at simply book value then we're talking about trading in the $20's range.

20$ is not going to happen anytime soon (without TRW-financing at least). EPS of 17 cents/shares (with the OLD OS) needs a P/E of 29; OTC will still have the china-bias-discount and it is highly unlikely that Merkur will give SIAF a P/E of 29

SIAF has already made one huge step with the cash dividend. The next is simply to close debt financing so shareholders never have to worry about dilution from the company. Once this happens it's off to the races.

Agreed. Althought the never-ending delay of the TRW-dividend might mess up things somewhat (more than it already has that is)

[Martin79x]

And when are we gettting the loan? You have been saying we are close for the last 6 months. But the impression from the CC is that we are no where near close at the moment