Replies to post #58694 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

They did not have to say they were going to issue a divy recently only to retract a few months later.

That was like 4 months ago. They genuinely believed that they would have the financing closed by Feb 20th. Probably has to do with the bond. And they didn't cancel the dividend. They delayed the announcement. It was a mistake. But they have made more mistakes because there is too much optimism in general.
It was not a "pump" IMO because then they would have chosen a date closer by than 4 months away.

Def can find flaws in most China companies including the ones I am in, but since I have been in the ones I am currently in they have not back tracked yet on doing what they said they were going to do in the near to mid term.

They have all backtracked. LOL. It's the same everywhere. Of course there are always excuses.