Replies to post #18917 on Sino Agro Food Inc (fka SIAF)

[mauiguy2]

I totally agree, Treit. i would be quite surprised if it did NOT happen.

Wouldn't be surprised to see a Board of Director press release timed to the 9/28 date, give or take.

[viking86]

Treit: will get back to your q later today.

[viking86]

Treit: I'll try to answer the q's in reverse order, last one first:

- I also initially expected that PPS would drop by 1x-2x the divi amount on and after ex-divi day. But Andrew made a convincing argument that the payment is so far off that it shouldn't make any difference. But volume imo may pick up some until ex-divi date b/c of today's news as LT investors feel more confident about getting the F-shares.

- I personally think the price will always follow demand vs supply plus to some extent the earnigns growth trajectory as we move through 2013 and beyond. The mere fact that we are not getting any new supply of financing shares in 2012 (hopefully so) combined with the buoyed demand after the Investor Tour and the upcoming PR's about BOD expansion, cash divi for 2011 (not the F shares divi), bond offering, dual listing... has caused the PPS to reverse to the upside and grow continuously to new highs with some bumps along the way. If a bond is confirmed and eliminates the specter of a new share overhang in 2013, that of course will add twice as much fuel to the fire. So does news of a dual listing. JMO