Replies to post #148271 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

After this distribution of TRW-shares TRW will have positive impact on results of 63 musd.

This one is hard to understand. I think it could actually be true that the value goes up by $62M (on top of the profits of the past 2 years).

SIAF will of course have to book a loss for the same amount.

This one is not true, that's why we have an ex-date for distributions. The "loss" is already reflected in the lower share price.

[Chrysanthemis]

This makes only partial sense. SIAF would make a loss from this operation, yes. But the value gained from the cancellation of debt for TRW would in my view be exactly balanced by the loss of the shares distributed.