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Sino Agro Food Inc (SIAF)

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Last Post: 3/28/2015 2:50:46 AM - Followers: 259 - Board type: Free - Posts Today: 3



Company Web Site:  http://www.sinoagrofood.com
SIAF on Facebook: https://www.facebook.com/SinoAgroFoodInc
SIAF on YouTube: http://www.youtube.com/siafchina
SEC Fillings - http://www.sec.gov

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
E-mail: info@sinoagrofood.com

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
E-mail: info@sinoagrofood.com

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 ABhttp://www.eurochinacap.com/en/  

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         




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Current Price
Bid Ask Day's Range
SIAF News: Ken Fisher Has Been Right For A Long Time 03/02/2015 08:44:22 AM
SIAF News: Update on Sino Agro Food, Inc. and Euro China Capital AB Strategic Plan 12/22/2014 03:51:00 PM
SIAF News: Sino Agro Food, Inc. To Present in Stockholm 11/18/2014 02:41:00 AM
SIAF News: Sino Agro Food, Inc. Reports Record Quarterly Revenue of $107.2M and Diluted EPS of $.14 11/14/2014 09:00:00 AM
SIAF News: Sino Agro Food, Inc. Eyes Europe/International Focus 11/13/2014 09:00:00 AM
#83926  Sticky Note Couldn't agree more and as much as I joenatural 03/12/15 03:21:52 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
#80467  Sticky Note Mega Farm Numbers Revised RealDutch 01/06/15 08:54:02 PM
#66820  Sticky Note My SEC complaint against SIAF is officially filed ........ joenatural 06/23/14 02:59:59 PM
#84935   Technicals are taking over now. I've been watching IKEA 03/28/15 02:50:46 AM
#84934   What are you thoughts on why the stock RealDutch 03/28/15 01:39:20 AM
#84933   New to SIAF - One Question? rjundy 03/28/15 12:12:01 AM
#84932   Let me wrap up this week then with RealDutch 03/27/15 09:56:35 PM
#84931   Presentation skills are an acquired skill, training is emptyone 03/27/15 08:04:23 PM
#84930   Salomon have to shape up Purchaser 03/27/15 07:07:07 PM
#84929   Me too, with EC involvement however I took emptyone 03/27/15 06:33:01 PM
#84928   I think the difference between NJM and me Traderfan 03/27/15 05:23:47 PM
#84926   I could live with 1 dollar/week for the challe08 03/27/15 05:20:29 PM
#84925   Closed at 10.65 and had a low of Traderfan 03/27/15 04:59:05 PM
#84924   Yes I agree with you, I feel a Traderfan 03/27/15 04:57:30 PM
#84923   I am on your page NJM Added again... Purchaser 03/27/15 04:38:07 PM
#84922   I'm not saying anyone is incorrect for their point-of-view challe08 03/27/15 04:25:12 PM
#84921   I'm not saying anyone is incorrect for their NewJerichoMan 03/27/15 04:07:10 PM
#84920   The Mega Farm Project - Zhongshan Purchaser 03/27/15 03:37:33 PM
#84919   There was no gap-Down but now the bid RealDutch 03/27/15 01:26:44 PM
#84918   The pre-opeing price a harbinger of things to RealDutch 03/27/15 01:21:12 PM
#84917   Snow, you are very wrong. The chance of RealDutch 03/27/15 01:15:38 PM
#84916   The pre-opeing price a harbinger of things to come? snow 03/27/15 12:55:00 PM
#84915   That protection does not last any longer. Now snow 03/27/15 12:53:08 PM
#84914   I think my criticism is justifiable, even easily so. challe08 03/27/15 12:41:30 PM
#84913   You haven't gone full Stolpen yet. NewJerichoMan 03/27/15 12:13:57 PM
#84910   What I'll look for in the 10Q finvestor 03/27/15 11:56:19 AM
#84909   ARCA protecting bid @ 10.60 ipulator_man 03/27/15 11:32:52 AM
#84908   If he was expecting a gap down to RealDutch 03/27/15 10:41:03 AM
#84907   Tuesday, 03/24/15 07:22:46 AM challe08 03/27/15 10:39:01 AM
#84905   RD I suggest you read the account on this snow 03/27/15 10:25:37 AM
#84904   Yeah, I read about that. Train traffic all RealDutch 03/27/15 10:02:06 AM
#84903   NJM, I don't think the majority of emptyone 03/27/15 10:01:19 AM
#84902   Extremely boring when you're not able to watch challe08 03/27/15 09:59:10 AM
#84901   This proves nothing in general. RealDutch 03/27/15 09:55:00 AM
#84900   What's wrong with the chart and numbers on Orreborren 03/27/15 09:54:33 AM
#84899   RD In this case it did not matter. Usually snow 03/27/15 09:53:16 AM
#84898   We can't see much on OTC level2, huh? RealDutch 03/27/15 09:50:45 AM
#84897   Haha, here we go again:-) Fluid 03/27/15 09:42:41 AM
#84896   Doesn't really matter what you say here, won't challe08 03/27/15 09:37:08 AM
#84895   NJM, not sure if you count me in challe08 03/27/15 09:35:14 AM
#84894   Now you see it doesn't matter because there RealDutch 03/27/15 09:34:07 AM
#84893   Ir looks as if we may have a snow 03/27/15 09:30:23 AM
#84892   Why is everyone so negative lately? NewJerichoMan 03/27/15 09:26:05 AM
#84891   NJM, Unfortunately if they extend the 10K to emptyone 03/27/15 09:08:18 AM
#84890   There are 2 possible scenarios IMO. Either we RealDutch 03/27/15 08:53:56 AM
#84889   Not too many shopping days before Christmas. NewJerichoMan 03/27/15 08:40:16 AM
#84888   CBMG has had both their 10-K delayed since modes948 03/27/15 12:06:37 AM
#84887   ...I am just saying they have to start Fat Tony 03/26/15 11:46:13 PM
#84886  Restored ...I am just saying they have to start Fat Tony 03/26/15 11:46:12 PM
#84885   But I guess I will check on eel challe08 03/26/15 07:36:57 PM
#84884   I think the uplist is on the doorstep challe08 03/26/15 07:28:20 PM
#84883   Do you mean that you don't expect any RealDutch 03/26/15 07:28:05 PM
#84882   VJ, I didn't mean to imply anything would emptyone 03/26/15 07:25:29 PM