Sino Agro Food Inc (fka SIAF)

[RealDutch]

So we still don't know what to expect for Triway this year. The 80% increase in EBITDA that Dan mentioned is unreliable (and probably wrong). As well as the 65% increase from the press release. Well done. It's better to cause a lot of confusion than give us real guidance. (Perhaps a class action lawsuit or a short attack would help).

We do have Tony's projection of between 18,000MT and 21,000MT. And Solomon's estimate of 34% net profit for the next 3 years.

First we have to go back to 2016.
$16M gross = $12.8M net.
Subtract $1M from the 25% of FF1 we didn't own = $11.8M net.

Now, 2017.
Let's use 18,000MT, $8/kg, 30% net. 36.6% = $15.8M
That's actually the number I used previously.
An YOY increase of 34%.