Sino Agro Food Inc (fka SIAF)

[RealDutch]

It's still interesting what to expect from this.

Assuming a P/E of 20 in HK, 60.000MT and 40% net margin.
Then SIAF's stake is worth 18% x 60.000.000 x $10/kg x 40% margin x 20 = $864M

So your dividend stock will also be worth 864/23 = $37.50

Your SIAF shares roughly the same, because we will only see 50% of that value + the rest.

Total is $75.

And then, longer term, it's a matter of growing and fetching a higher P/E than 20 in Hong Kong.