Replies to post #24941 on Sino Agro Food Inc (fka SIAF)

[Bloodbowlfan]

Maybe because we would like a policy change? Owning a company and seeing how poorly it is being run is hurtful. With proper attention brought to issues the policies might change.

[stolpen]

Me either that is a puzzle to me aswell, TF i can understand he likes the vollatilety, Andrew should have no reason at all to sound as a broken record he even knows better deep down, then there are obvious reasons by thoose being paid and a few that havn´t got a clue but thinks stockinvesting are synomous to put money into the most hyphed pyramid out there and get out before it crashes, thoose i can actually understand they are very prone to any and all conspiracy theories cause they don´t know whats going on at all. :-)

[Ecuador]

The fact is this:

Issuing shares (at in this case PEx LTM of 1) gives a cost of equity of 100%. In other words, the projects financed needs to result in an EPS growth of 100% in perpetuity (forever).

Historically and forward looking we estimate an EPS growth of 50% --> current equity issuance is "dilutive".

If someone can credibly argue that this assumption / calculation is wrong, i am very happy to hear from you.