Sino Agro Food Inc (fka SIAF)

[finvestor]

What I'll look for in the 10Q

Quote:
But I guess I will check on eel sales compared to Q3 and the previous year. But this won't help the stock much, obviously. Neither will the ramp up of the abattoir.

1. Yup RD, Both percentage of eels plus tonnage added by startup of new tanks at the end of 3rd quarter.
Also
2. How much volume went through the new Shanghai distribution center..and when did it actually start operations.
3. How much live cattle vs processed product was sold by SJAP...and what are the margins on the processed products.
4. Where is HSA in starting up cattle operation and is it contributing anything to ops profits
5. Where are we in ramping up Tesco store count.
6. What is our ownership share in each operation ... and plans on ownership share going forward (I don't actually expect to see this in the 10Q but it would be a nice-to-have.
7. Sales, Growth, Profits, Earnings from Mega Farm construction: new pe multiple.
8. I expect this to be a meticulous and improved 10K but that just may restrict some of the detail on growth plans we have seen before. Under-promise and over-deliver has not been the standard and my guess is that EC will push for that now.
9. Import figures
10. Planned tonnage for existing infrastructure for the rest of 2015 in fish. prawn, eel, beef, processed beef and sheep would be nice. Analyst need something to work with.


Getting listed should be the goal right now and a bombproof 10Q would be a great stepping stone to getting a fair valuation in a new market. Once listed then a step by step dance should be done to enhance the perceived value of the company, increase institutional ownership, scare off the day traders, and broaden market perception of SIAF.

Because this is a step by step process I expect not to see the following in the 10K:
1. 2015 Projections: these belong in a conference call along with a PR...I would do it after listing... hopefully during the first quarter conference call.
2. News on additional financing...again...best used as ammunition for later PR's.
3. News on SJAP spinoff...again...positive news best played out later.
4. Announcement of Analyst coverage.
5. Statements on seeking additional listings.
6. Additional new projects...I expect them to come but I expect them to be announced separately as they are arranged.
7. Dividend policy for 2015...better to be announced when as cash flow projections become clearer and post listing. I'd target second quarter conference call if it was me.

Just my quick take
finn