Replies to post #60758 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

SIAF does not have a $500 mil income producing asset base. Part of that income from the asset base gets deducted (non-controlling interest income). When Solly feels the need to boast about the income producing asset base, he needs to calculate the percentage of the income attributed to the controlling interest and give us the number.

Again, there is nothing mysterious about this. Both numbers are available in the financial reports.

Total Sino Agro Food, Inc. and subsidiaries stockholders' equity
261,914,171

Total stockholders' equity
294,604,913

If Solomon wants to boast a $500M (net) asset base by the end of 2015 (or whatever he has in mind), let him. There is nothing preventing him from considering the business as a whole (including non-controlling interest).

[snow]

kav

As long as the pps is very low I am all for buying back shares. But once there is a substantial cashflow it will of course be possible to pay a nice cash dividend even With 150 million shares. 10 cents per share would only be a fraction of past earnings per share.