Replies to post #58665 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

I hope it goes up 10x for all of you, but I like better plays as much and for me no reason to keep this one with this move they pulled, they should not have built up expectation just to sell shares.

Losers become liars. At least that's how the crowd will interpret it. Solomon needs to stop being a loser. That will solve most of our problems.

There really are no better plays out there.
Three questions are important.

1) How safe is it?
I have validated pretty much everything. And it's not like this company is going dark with all the shares that the Board members own. Only problem is, Solomon is making a mess on the financing side.

2) How cheap is it?
It is really, truly, 10x cheaper than the next cheapest thing, when you include the growth rate expected to come from at least 1 mega farm.

3) Does management have good intentions?
I really do believe so. It was Solomon who invented the spin-offs. At least they are trying to get an uplisting. They screwed up on the dividend but that's because they don't have their financing in order.

Mistakes have been made. The financing is a mess. And I have been hard on Solomon. But give me any other Chinese company and I could easily smash it to pieces if I wanted to. So that gives you a better perspective of what we are dealing with here. And yes, we will be rewarded 10x and much higher.

[kavdiv98]

Yatz,

I agree with your logic to sell. I also feel that this might be first financially responsible decision this management has made.

Bad PR. Good decision. Pay a divvy from internally generated funds from operations. That is projected to be in 2014. This management claims to be great operators of the business and it is time to show the investors that.

kavdiv