Replies to post #146890 on Sino Agro Food Inc (fka SIAF)

[TheNorwegian]

let the shareprice run it's natural course.

The fools speaks, the wise man listens

[RealDutch]

A fair price for Siaf would be around $4. $1.5 for the Trw shares that will be distributed to us now. $1.5 for the Trw shares that will be held by Siaf. $1 for the rest of Siaf that will generate a minimum of 10 cents in dividend per year (yield 10%).

I agree with the $4 but you can't calculate it that way. TRW shares held by us actually have some value whereas held and managed by Sol & Danny are practically worthless (Ouch!). That's what the market has been telling us.

You can get to $4 in a number of ways. You could say that a company like SIAF should be worth at least 30% of book especially with a dividend policy and a contract for CA.

The $111M owed by TRW after the distribution could easily be converted into more TRW stock. Or used in the future to pay cash dividends. So there's value there. And we can't be sure what CA should be worth, but it is for sure more than $1. We should learn more in the coming months or else next year. About those farmmer cooperatives.