Replies to post #13988 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

JF also explains why there are not any news from SIAF.
This because they are not allowed to do that before thay have made the Q2 report passed by SEC

Really?
Let's see how quick they are with a press release when the shorts put SIAF through the meat machine on monday.

But I think shareholders will be very appreciative if they can file the quarterly report on time this time.

[viking86]

Can you believe it?

I have rarely heard of a company holding back on news b/c of a pending quarterly report having to pass SEC first. Normally it's the other way around regarding "news". A PR is issued first to shareholders and a 8k is then filed to the SEC. The only valid reason (that I am aware of) that justifies a late release of news is when the news is about a contract that needs government approval before it can be considered as official like the baby prawn farm contract (signed in Nov'11 and announced in Feb'12). But again they can pack it a MOU in the PR.

Another possible reason is if the news to be announced has direct impact on the quarterly results being reported (which is hardly possible) or it falls into the mandatory quiet period (a few weeks before and after the release of earnings).

[jan4]

andgus, I am not able to read Swedish and therefore I have to take a translation for granted.
That there are some people by JF who knows more than the general public is very normal, and I suppose is part of the agreement between management and the Swedes. I would have done the same if you take in account the companies structure.
And that JF members ware buying some more shares is no surprise to me.

[Traderfan]

That's complete hogwash of course.