Replies to post #143515 on Sino Agro Food Inc (fka SIAF)

[snow]

Asbjorn I have myself increased my stake to some 76,000 shares by buying 6,000 shares some days ago. To be honest I think the quarterly report was so negative that normally the initial reaction of a fall in the pps was nore natural than the subsequent big increase in the pps. I guess the increase was caused by the mention of the dividends. But there was nothing very concrete or binding regarding the dividends. There was no real information as to how paying the cash dividend or paying 6 million dollars to our big American shareholder can be financed. Paying 10 million dollars by issuing shares at 30 cents per share would mean issuing more than 30 milion more shares. I don't understand why the market reacted positively to the quarterly report. I decided not to buy any more shares for the time being.