Replies to post #24985 on Sino Agro Food Inc (fka SIAF)

[Andrew26]

I do not buy that Solomon does not know what you are saying. He has made commitments to growth that have come due. Fair enough. But I fully think that 2013 issuance eliminated, if other alternatives are available, or limited by curtailing some capital development if the alternatives are not available.

I think that will set the tone for 2013, and it should come pretty early 2013. The most logical still seems some secondary IPO into FN listing, that will grant liquidity and also gives Solomon very most of the money he planned for 2013. It makes sense and its quite ok solution if it against wasnt at some 50 cents.

I havent seen anything on the topic yet when it comes to liquidity in Sweden so this really seems like the only scenario we have so far.

Either way, I dont really believe for a second that 2013 will be dilution-less.

[RealDutch]

There's nothing magic to me about the $500M NTA number. I'd much prefer a $400M NTA company with 100M shares outstanding.

And yet he keeps boasting about it.
I can see a bigger threat now. He may actually purchase the land use rights for SJAP. Like I said before, that's the worst thing he could do because it adds zero value.