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Sino Agro Food Inc (SIAF)

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Last Post: 10/23/2014 5:10:17 PM - Followers: 264 - Board type: Free - Posts Today: 71



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

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

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




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Current Price
Bid Ask Day's Range
SIAF News: Sino Agro Food Closed US $25 Million Convertible Note Funding 09/04/2014 04:33:00 PM
SIAF News: Sino Agro Food, Inc. Reports Record Quarterly Revenue of $97.0M and Diluted EPS of $.14 08/15/2014 09:00:00 AM
SIAF News: Sino Agro Food, Inc. Appoints Chief Internal Auditor 08/01/2014 09:00:00 AM
SIAF News: Sino Agro Food, Inc. to Partner with Tesco, PLC 06/26/2014 09:00:00 AM
SIAF News: Sino Agro Food, Inc. Reschedules Q1 Results Conference Call 05/23/2014 04:01:00 PM
#73839  Sticky Note The world’s greatest stock picker Purchaser 10/08/14 05:51:11 PM
#72664  Sticky Note New seekingalpha article - The Swede 09/27/14 02:08:44 PM
#71429  Sticky Note MEGA PRAWN FARM INFORMATION The Swede 09/15/14 03:05:39 AM
#66820  Sticky Note My SEC complaint against SIAF is officially filed ........ joenatural 06/23/14 02:59:59 PM
#75336   RD trains using an "overpriced momo stocks" training video... surfer44 10/23/14 05:10:17 PM
#75335   Okidoki, nice if you could go up 30K challe08 10/23/14 05:02:41 PM
#75334   TA Review for SIAF......... Viking John 10/23/14 04:57:34 PM
#75333   Finally. Those stocks should have come down a RealDutch 10/23/14 04:54:42 PM
#75332   RD, you are on a roll PutMan, Congrats... emptyone 10/23/14 04:51:10 PM
#75331   You sold 30-40K no! RealDutch 10/23/14 04:45:26 PM
#75330   Great :-)!! Let's hope they stay at least challe08 10/23/14 04:37:53 PM
#75329   Looks like I can buy 10,000 more SIAF RealDutch 10/23/14 04:30:23 PM
#75328   Congrats. Playing on the side of the big surfer44 10/23/14 04:22:29 PM
#75327   Sino Agro Food, Reports Audited FY 2013 Results Fat Tony 10/23/14 04:20:22 PM
#75326   Looking better and better :-) challe08 10/23/14 04:17:14 PM
#75325   KABOOM.... Home run :-) RealDutch 10/23/14 04:09:31 PM
#75324   I get the math. I don't follow NewJerichoMan 10/23/14 04:09:25 PM
#75323   2 for 2. NewJerichoMan 10/23/14 04:08:38 PM
#75322   NewJericoMan snow 10/23/14 04:07:09 PM
#75321   That makes sense. NewJerichoMan 10/23/14 03:57:52 PM
#75320   AIK, I made the same reflection on that HighYield1 10/23/14 03:50:44 PM
#75319   That's because margins are small (and negative for RealDutch 10/23/14 03:44:04 PM
#75318   Hey Empty, any news on Tesco's china operations? Fat Tony 10/23/14 03:41:59 PM
#75317   Per Yahoo, AMZN has a P/E of nearly NewJerichoMan 10/23/14 03:37:03 PM
#75316   Good point, i was also thinking about that one. Redbull84 10/23/14 03:20:39 PM
#75315   Analyst estimate for Q4 is 0.67 RealDutch 10/23/14 03:01:03 PM
#75314   I believe that Günter is wrong when he AIK 10/23/14 02:58:55 PM
#75313   Love their business, Hate their stock. surfer44 10/23/14 02:57:49 PM
#75312   Tony, some stocks like Amazon receive high multiples emptyone 10/23/14 02:52:52 PM
#75311   There is still hope for AMZN. RealDutch 10/23/14 02:40:53 PM
#75310   Next big move from Euro China Cap I IKEA 10/23/14 02:35:32 PM
#75309   " slyestjester 10/23/14 02:02:07 PM
#75308   BABA is probably a good investment longer term. RealDutch 10/23/14 01:43:14 PM
#75307   Thanks HB! Brunswickswe 10/23/14 01:32:43 PM
#75306   There is a title given to what hyperboy tomatotom 10/23/14 01:00:59 PM
#75305   Flash mob driven by 19 yr olds. It's surfer44 10/23/14 12:53:44 PM
#75304   RD, I would like to see a contrast Fat Tony 10/23/14 12:49:48 PM
#75303   Regarding protest in Hong Kong, does anyone have Fat Tony 10/23/14 12:38:14 PM
#75302   viking I definitely appreciate this as well as his snow 10/23/14 12:36:00 PM
#75301   yes it' s true. Still it's good to viking86 10/23/14 12:31:51 PM
#75300   viking Reaching somebody personally is not the same thing snow 10/23/14 12:18:12 PM
#75299   Yeah that was exactly what I also meant challe08 10/23/14 12:09:52 PM
#75298   In 2 weeks we have electronically reached more viking86 10/23/14 11:54:51 AM
#75297   The DD was a short one i think, Redbull84 10/23/14 11:39:12 AM
#75296   You should be on the company payroll. AIK 10/23/14 11:33:59 AM
#75295   External Forces The Mothership AMR INC.(AAL) reported $1 Billion hyperboy262626 10/23/14 11:24:31 AM
#75294   The other concern I have for the company emptyone 10/23/14 10:48:47 AM
#75293   Its been for quite some time already, they Andrew26 10/23/14 10:42:50 AM
#75292   Yep but is has been the same because Andrew26 10/23/14 10:41:13 AM
#75291   I agree, even some basic positive steps could Andrew26 10/23/14 10:39:43 AM
#75290   Seems like PUMA and NITE doesn't want us challe08 10/23/14 10:36:50 AM
#75289   I listened once and I heard one maybe challe08 10/23/14 10:34:44 AM
#75288   Moving forward, I only see a major risk tomatotom 10/23/14 10:32:45 AM
#75287   Andrew, the story has been the same for emptyone 10/23/14 10:25:03 AM