Sino Agro Food Inc (fka SIAF)

[RealDutch]

Do you have any figures/estimates for PF1&2? Cost to acquire, earnings figures for 2015/16 for these and with that "payback" period?

Oh dear, I guess I can look up all that.

PF1

Remaining cost = $6.4M
Total cost = $21M
Capacity = 1,200 MT
Net Profit = 1,200 MT * 50% net margin * $15/kg * 75% = $6.75M
Payback time (remaining cost) = 0.95 years
Payback time (total cost) = 3.1 years

PF2

Remaining cost = $19.3M
Total cost = $29M
Capacity = 1,200 MT + 3.2 billion fingerling
Net Profit = up to 30% of CA total profit in 2016 (press release)
Net Profit = 25% of $29M (2014) * 1.4 * 1.4 * 90% (net) * 75% = $9.6M in 2016
Payback time (remaining cost) = 2.0 years
Payback time (total cost) = 3.0 years