Replies to post #25750 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

we have no problem with 130 million shares, are we happy with it no........but we do understand the why.

No you don't, IMO. What Solomon needs to do is delay purchasing the LUR's at Xining, thereby delaying the spin-off of SJAP by one year and spin-off something else (FF1) instead in 2014.

This will save him, I don't know, perhaps something like $20M in capex for 2013. Together with a potential bond deal we don't have to issue stock, at least in the first 6 months of 2013, if not for the whole year. This in turn will allow pps to grow rapidly and reduce the cost of capital significantly once listed in Sweden.

This is just one option. There are more options to create shareholer value.