Replies to post #58682 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

They were half way through 8 months ago (statement Q3 conference call) http://sinoagrofood.investorroom.com/index.php?s=43&item=96

Since then they issued roughly 10M shares every quarter. So that's 27M x 0.45 = $12M. Leaves less than $1M.

But we don't know about their capex plans for 2014. All we know is, that that SOB Solomon probably didn't slow down. And that he failed getting a significant amount of cash so far.

But we shouldn't be looking at the past. This is not a game to count how many times management has failed. It is our job as professionals to try and predict what is next. And our chances are getting better, not worse.

The people who sold their stock 1 1/2 years ago for 0.70 made the right decision. Because dumpage was rampant and Solomon naive.
Now, it's a different situation IMO.