SureTrader Stock Hero Advertisement SPDR Advertisement
Home > Boards > US OTC > Food - Processing and Agriculture >

Sino Agro Food Inc (SIAF)

Add SIAF Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator joenatural, Traderfan, Lucky Loser, The Swede, NewJerichoMan, melehuna
Search This Board:
Last Post: 4/18/2015 8:43:51 PM - Followers: 263 - Board type: Free - Posts Today: 22



Company Web Site:
SIAF on Facebook:
SIAF on YouTube:
SEC Fillings -

Sino Agro Food, Inc. (SIAF) is a vertically integrated, fast growing and technology-focused Chinese agriculture firm whose subsidiaries build and operate beef, sheep, aquaculture and produce farms. It follows many organic principles, and aims to create products as naturally as possible. Managed by an experienced international team, the Company has operations in three provinces and sells throughout China.
SIAF's strategy is to work towards full vertical integration, from farm to table, by expanding production and processing operations, while at the same time creating brands and restaurant outlets (via joint venture) for its products. The Company is currently active in aquaculture, cattle farming, livestock feed and fertilizer manufacture, produce farming and restaurant design and development. It is developing brand names in aquaculture and beef products, adding processing facilities, and is now involved in sheep farming. Though the Company sells throughout China, and even exports some of its products, its principal operations are in Guangdong Province, Qinghai Province and Hunan Province, as is shown in chart below.
The Company's agricultural projects generally begin with formation of a Sino Foreign Joint Venture Company (SFJVC) between one of its subsidiaries and a Chinese joint venture partner (or partners), with the SIAF subsidiary initially owning 25% of its equity. The Chinese partner acts as the project principal, initially owns 75% of the joint venture and usually contributes funding and land to the venture, while SIAF provides technology, construction and management services for a turnkey solution. The SIAF holding companies that undertake these projects are mainly located outside China, in Belize, Macau and Hong Kong, while the joint venture entities are Chinese companies. An important part of the development process is forming alliances with the farmer cooperatives that raise SIAF's cattle headcount requirements; SIAF provides them with infrastructure and education. Once a project is operational and profitable, SIAF typically increases its ownership in the joint venture from 25% to 75% and consolidates the project's operations into its financials.
The Company divides its fast growing operations into four standalone business units; fishery, cattle, HU flower plantation and fertilizer, enzymes and livestock feed. The commonality between the divisions is that each is operating in a comparatively slow growth consolidating market; SIAF has a strategy of targeting niches of these markets with their high quality products. The Company has described its strategy as wanting to be the highest quality with high margins, but not the largest firm.

In P.R.C. the rapid progress of industrialization of the last decade has unbalanced the needs of developments and activities of the agriculture industry, (i.e. diminishing of agriculture land, scarcity of farm laborers, industrial pollution and the generally over usage of chemical etc.). Therefore the P.R.C. Government has in recent years directed many incentive schemes and policies with the aim to revitalize and to modernize its agriculture industry. (i.e. Protection of agriculture land, stringent laws in governing the ownership and usage of agriculture land, tax free incentive applying to incomes generated from the industry and enforcing environmental friendly developments etc.)Management of the Company has many years of practical and professional experience in various and many sectors of the agriculture industry and decided in year 2004 that it was the right timing and there would be many opportunities available to develop agricultural ventures in P.R.C.

Contact Information:
Tel (China): +86-20-38880923
Fax (China): +86-20-22057863
Tel (USA): +1 (775) 901-0344

Sino Agro Food, Inc.
Room 3801, Block A, China Shine Plaza
No.9, LinHeXi Road, Tianhe District
Guangzhou, 510610, CHINA

Investor Relations:
Peter Grossman

Tel: +1 (775) 901-0344

Company Lawyer (USA): Sichenzia Ross Friedman Ference, LLP
61 Broadway, 32nd Floor
New York, New York 10006
Telephone: (212) 930-9700

Company Auditor: Anthony Kam & Associates Ltd.
Suite 2105, Wing On Centre, 111 Connaught Road, Central, HongKong.
Tel: 852-2246-6688
Fax: 852-2246-8448

Educative links:
The Company's 10-K filing for 2013 is the most up to date and complete description of Sino Agro Food available. It is available in several readable formats (MS Word, Acrobat PDF) on SIAF's SEC Filings page.
Here is the most recent Company Overview, from May 2014

Report of independent analysts, Analyst Group of Stockholm - October 28, 2014.

Mr. Lee Yip Kun Solomon
Chairman and Chief Executive Officer A Pioneer of Modern Fishery Projects in the South Pacific Region, who has over 35 years experience in the Fishery Industry and Food Industry created various sizable projects in the Asian region. 
Citizen of Australia

Ms. Olivia Lai, CPA
Chief Financial Officer. Ms. Lai has over 20 years accounting and finance experience and held senior positions in many multi-national and public accounting and consulting firms. She is a U.S. and Hong Kong Certified Accountant with memberships in the American Institute of Certified Public Accountants, Charted Global Management Accountants, Hong Kong Institute of Certified Public Accountants, and the Taxation Institute of Hong Kong. She received her Bachelor of Science in Accounting with the Highest Distinction, and has an Executive Master of Business Administration from the Kellogg School of Management of Northwestern University in the U.S., and the University of Science and Technology in Hong Kong.
Citizen of USA and Hong Kong.

Mr. Tan Poay Teik (Peter)
Executive Director has 28 years of experience in the food Industry and has much practical experience in accounting, strategic planning, merger and joint venture matters and financial management having held directorship in several private limited and public listed companies.
Citizen of Malaysia

Mr. Chen Bor Hann Michael
Manager of Fishery Director and Company secretary of SIAF. 13 years of experience in the Fishery Industry, one of the pioneers of CA and RAS Projects in Asia.
Citizen of Taiwan

Mr. Nils-Erik Sandberg
Representant of the BoD. Mr. Sandberg, 73, has been President of the Jordan Fund, a Swedish investment group network since 1990. Mr. Sandberg also currently holds a position as an adviser for Gustavia Energy and Commodities Fund. Mr. Sandberg has previously founder and  CEO of several oil companies. 
Citizen of Sweden

Mr. George Yap Koi Ming
Representant of the BoD. Mr. Yap, 60, is a practicing international chartered accountant with over 30 years standing. Mr. Yap specializes in strategic business plans, registering listings on stock exchanges, international banking, financial management, risk management, financial reporting, auditing, financial management, investment management, and providing corporate finance solutions in terms of sourcing finance, as well as cornerstone investors in IPOs, Reverse Mergers, and Takeovers.
Citizen of Malaysia

Mr. Daniel Ritchey
Representant of the BoD. Mr. Ritchey is currently a partner in three companies: DC Capital LLC, 3-D Oil and Gas LLC, and 3-D Ranch LLC, a 2,200 head of cattle/1,500 head pig farm for which Mr. Ritchey serves as Finance Director. Mr. Ritchey held previous positions as investment analyst and advisor for venture capital firms. He holds an MBA in Finance from Ohio State University.
Citizen of USA

Mr. Lim Chang (Anthony) Soh
Representant of the BoD. Mr. Soh is a partner in the law firm, Edwin Lim Suren & Soh, in Kuala Lumpur, Malaysia. Until October 31, 2013, Mr. Soh was Deputy Managing Director of Pontian United Plantations Berhad, a Malaysian plantation company in the business of cultivating oil palm on 39,000 acres of land on a group basis, and operating an oil mill. Appointed Director in 2005, Mr. Soh served as Executive Director from 2007 until promoted again in 2009. He holds an LL.B (Hons) degree from University of Hull, England. 
Citizen of Malaysia

Institutional investors/Partners
Euro China Capital AB  

Click on the images below for more pictures

Wholesale Center 1 Prawn Farm 1 - Under Construction   Prawn Farm 2
Cattle Farm 2 Pictures TBA Dragon Fruit plantation - Greenhousing in background   Cattle farm 1 - Enping
Fish Farm 1 - APM Fish rearing module Fish Farm 2 Pictures TBA HSA - Linli Cattle farm - Hunan Shengua A Power Limited

Tesco Concessions

SJAP - Qinghai Sanjiang A Power Beef Cattle Farm Leonie Restaurant Chain

SJAP granted Dragon Head Status

SIAF Locations in China

Zhongshan Prawn Project

- The Press release
             Project is expected to span 20 years and targets producing up to 300,000 MT of live prawns per year
- The Contract
- FAQ and Project Plan Information
The Mega Farm

First Half Results: 2014 vs. 2013

Comparison of Results:

First half revenues for 2014 increased 104.0% over the first half of 2013; income increased by 43.0%; and basic earnings per share by 3.6%

Key Financial Charts 2009 -2013

Five Year Financial Results:

Sino Agro Food, Inc. has achieved compounded annual growth, as follows:

•  Revenue  86%
•  Income 82%
•  Basic EPS  48%
•  Shareholder Equity 47%


Sino Agro Food Closed US $25 Million Convertible Note Funding




  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Current Price
Bid Ask Day's Range
SIAF News: OTCBBJournal Issues Special Alert on Avra, Inc. : Pioneering Product Innovation in Rapidly Growing Bitcoin Market 04/08/2015 10:30:00 AM
SIAF News: Sino Agro Food Engages Burnham Securities Inc. as Investment Banker & Financial Advisor 04/07/2015 08:00:00 AM
SIAF News: Ken Fisher Has Been Right For A Long Time 03/02/2015 08:44:22 AM
SIAF News: Agricultural Development Bank of China Doubles Bank Loan to Sino Agro Food Subsidiary, Sanjiang A Power Agriculture Co. ("SJA... 01/07/2015 09:00:00 AM
SIAF News: Update on Sino Agro Food, Inc. and Euro China Capital AB Strategic Plan 12/22/2014 03:51:00 PM
#85712  Sticky Note Mega Farm Numbers Revised RealDutch 04/05/15 04:40:02 AM
#85397  Sticky Note Questions for the 2014 Earnings Conference Call The Swede 04/01/15 01:54:46 PM
#82114  Sticky Note Joe, ccsykes 02/12/15 05:25:25 PM
#81742  Sticky Note ZHONGSHAN PROJECT PROGRESS / TIMELINE NewJerichoMan 02/04/15 11:54:42 PM
#66820  Sticky Note My SEC complaint against SIAF is officially filed ........ joenatural 06/23/14 02:59:59 PM
#86754   I see Burnham assisted with Xinyuan Real Estate XIN ipulator_man 04/18/15 08:43:51 PM
#86753   No he is referring to the companies in The Swede 04/18/15 08:38:16 PM
#86752   Scandinavian, u mean these PE ratios are for jay_lim 04/18/15 07:45:25 PM
#86751   Indeed :-) surfer44 04/18/15 06:47:08 PM
#86749   Why not skip FN, Nasdaq, Hong Kong or The Swede 04/18/15 06:36:46 PM
#86748   All companys are traded between a P/E: 38-126 ! scandinavianmodern 04/18/15 05:56:03 PM
#86747   You could do it like that. Best case RealDutch 04/18/15 04:15:10 PM
#86746   For SIAF, I already know it's close to $1,000. MaterialMind 04/18/15 04:03:05 PM
#86745   Kaffelatte is my lactose tolerant twin ;) ...Jokes aside Kaffe 04/18/15 03:57:54 PM
#86744   Shouldn't we buy something nice to the Avanza MaterialMind 04/18/15 03:55:42 PM
#86743   Ok guys, I have calculated the best case RealDutch 04/18/15 03:54:28 PM
#86742   Just curious, and Kaffe both became I-Hubbers mauiguy2 04/18/15 03:47:15 PM
#86741   Why not invite them to the $100 party? Purchaser 04/18/15 03:33:43 PM
#86740   Fredrik Danielsson is well known name in the Carog 04/18/15 03:29:21 PM
#86739   Shrimp is a good option.. I'm thinking shrimp kaffelatte 04/18/15 03:25:19 PM
#86738   So, we need them Giant Green Prawns to Purchaser 04/18/15 03:24:21 PM
#86737   Shrimps would be an obvious choise. Maybe accomapnied Kaffe 04/18/15 03:13:30 PM
#86736   Any Suggestions? Purchaser 04/18/15 03:04:02 PM
#86735   Btw if we all become rich owning our kaffelatte 04/18/15 01:53:22 PM
#86734   Does anyone know any institutional investors that possibly kaffelatte 04/18/15 01:40:42 PM
#86733   Fun web statistics - The Swede 04/18/15 09:38:45 AM
#86732   Agriculture has become China's biggest polluter NapaCab 04/17/15 06:37:16 PM
#86731   Nice find NJM. If these companies are publically NapaCab 04/17/15 05:47:41 PM
#86730   Chinese Aquaculture Market Rapidly Growing NewJerichoMan 04/17/15 04:36:56 PM
#86729   Fully agree Carog! viking86 04/17/15 04:30:52 PM
#86728   Maybe it did, it's just not public. We Lauvin 04/17/15 01:57:35 PM
#86726   Carog, there is something I don't quite understand, Carog 04/17/15 01:22:37 PM
#86725   Maybe we could get a discount if we slyestjester 04/17/15 01:15:13 PM
#86724   that is also how I understand it. andrewflying 04/17/15 12:55:21 PM
#86723   Well obviously in a stock like SIAF the Traderfan 04/17/15 12:39:18 PM
#86722   Because people like me started buying :) The NapaCab 04/17/15 12:33:21 PM
#86721   Because people like me started buying :) DougS. 04/17/15 12:26:29 PM
#86720   You and me both :-) stolpen 04/17/15 12:05:16 PM
#86719   agree with you about the no penalties part viking86 04/17/15 11:59:31 AM
#86718   That's not accurate Viking. You can trade weeblewobble09 04/17/15 11:38:31 AM
#86717   I just wish they would hurry up with Traderfan 04/17/15 11:28:35 AM
#86716   Carog, there is something I don't quite understand, NapaCab 04/17/15 11:21:42 AM
#86715   I dont think its such an important event Carog 04/17/15 11:13:42 AM
#86714   $SIAF recent news/filings stocktrademan 04/17/15 11:10:19 AM
#86713   For example, if you made a Roth IRA viking86 04/17/15 11:04:17 AM
#86712   You would think we would get the European emptyone 04/17/15 11:03:52 AM
#86711   You're on the mark MG finvestor 04/17/15 10:44:36 AM
#86710   i didnot say that you cannot daytrade it. viking86 04/17/15 10:41:56 AM
#86709   The govt isn't going to force you to weeblewobble09 04/17/15 10:31:01 AM
#86708   That is not how financial advisors I talked andrewflying 04/17/15 10:25:36 AM
#86707   Perhaps they're talking about your original contributions Toff1 04/17/15 10:25:02 AM
#86706   Right. But u can sell siaf today with weeblewobble09 04/17/15 10:23:04 AM
#86705   Ok Newbies, we got profit taking. Here's likely NapaCab 04/17/15 09:57:50 AM
#86704   i am not talking about age below 59. viking86 04/17/15 09:49:38 AM
#86703   This is where you are getting consumed. weeblewobble09 04/17/15 09:30:45 AM