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Treit
From the Stockholm conference for retail investors in May, Lee
said after the 25% IPO of SIAF in 2013..."shareholders should be very happy
not counting any stock price appreciation"...and he said
"You cannot hold my shares forever...sell some and keep some" I'm not familiar with that CEO speak. What did he mean by that?
Hard to believe that the share volume is not much higher...MS is buying daily and the Street is missing it.
That's my point.....greed is good
Lots happening...Morgan Stanley has taken control of YONG a Chinese fertilizer company with a ferocious swoop. Yong is way undervalued 3x just like SIAF 5x and is raking in cash now. SIAF is only 12 months behind them. Morgan is sailing that ship now for $55 million
I am saying SIAF is free
Come and get it.
Projected dividends for 2011 2012 and 2013 total .16 cents so far.
That's 25% of todays stock price. Talk about a discount.
Additionally SIAF will spin off 25% of the holding company
in 2013. 130 Million or so?
Treit you had a figure per share I think for
holders.
Lee said we should be very happy with this amount
separate from the share price appreciation.
(per May 2011 Stockholm conference)
SIAF THE ULTIMATE HOLDING COMPANY
Lee announced his 3 year projection 4 weeks before the end of quarter 2 in Stockholm...need the recording?
Thank God Lee got rid of those milkers.
The Stockholm conference at the end of May was bullish with Lee friends...just buy and hold. One dollar fluctuation today is nothing in comparison with the future movement.
Yong is on it's way up...shorts will come out of the stock soon
So you shot your wad at $1.60?....on a three year business plan in the making?...average in.... shame on you.
The Swedes bought in to a thinly traded stock thus driving the price up and 30% of the corporation is no fluke.
I'm having a little cheer for you right now.
Siaf THE ULTIMATE HOLDING COMPANY
And that's where "THE ULTIMATE HOLDING COMPANY"
comes from ....the SIAF 2010 annual report
Tell it like it is Lee....
A tidbit from the 2010 annual report
Sino Agro Food,
Inc.
The Ultimate
Holding Company
Service fees will be charged to its
operational subsidiaries in China
starting in its fiscal year ending June
30, 2011.
I like that
Lee has done the math already....
May 27,2011 Stockholm
PE of 8 and .50 a share in earnings
(Lee) "Minimum $4 per share FY 2011"
So why the selling?
Are the stock compensated service companies just selling to make their weekly payroll?
They could have sold it all at 1.20.... why wait until .86 knowing that Siaf is so thinly traded and net tangible assets will
exceed $2 in the next 90 days?
Treit
Stockholm conference May 2011
At the 23:00 point in the tape Lee said a PE of 8 and after the 2011
audit Siaf should be trading at a minimum of $4. So I'm guessing
he is confirming .50 cents a share and more in earnings.
Treit
With such a low short total....has the price decline been caused by stock compensated service providers redemption? If so was that a good plan by Lee with regard to a $4 stock price that is needed to move up to Nasdaq? Lee says $4 by Dec 31, 2011. Should he have restricted the selling for one year?
Approval of the Sino Joint Venture and the name of BT A Power Fishery is still pending and expecting approval to be granted on or before July 31, 2011.
Treit
I see only 21,000 shares short now...how about you.
Well what's the story this week any buyers in here?
PE has been as high as 8 on May 31 and is at 7 now so multiply that times .50 estimated earnings for the 2011 harvest= $3.50 year end stock price or a 400% gain from Fridays close. A beat in 2011 earnings (.58) will bring $4
Potential gains..... from Fridays close at year end
100%
200%
300%
400%
and I like those multiples going forward...this is how we will measure SIAF for the next three years
Treit I was thinking CapEx for 2011 is 18 million....
At ten cents per share dividend in 2012 how long would it take to cover your initial investment here? It's a free stock at this level.
The Ultimate Holding Company
And Lee is looking at $4 per share end of year 2011...but he has been missing projected calendar events by 25% so I'm thinking Mar. 2012. Optimistic CEO but you can't rush Wall Street.
It's a 30 month plan why day trade it?
The land value alone is worth more than today's stock price
which will be realized in 24 months. Ha...remember K mart at .50 cents before their land value that their stores were built on was accounted for... WOW...but in hindsight K Mart was always third tier and everyone knew it. Siaf is top tier and
The Ultimate Holding Company
Lots of class action lawsuits...soon afterward Morgan buys in as well as the CEO and me.
I love this stock
just average in 3 times a month
Ok.... break out the Adderal...been telling interested investors
a buck eighty gain on accounting changes in 2013. I was a bit conservative.
http://www.mediafire.com/?7qt3aqdfgvts4
Treit listen in at 24:20
Item 4 on the download page
Lee speaks of $150 million or
something of that nature to be shared ?????
That was one bullish conference Treit
I will go back and get the exact quote ...
Next Question Treit
(2013 time frame)
What does Lee mean by
"You can't hold my shares forever...
sell some... keep some"
from the Stockholm conference in May 2011
Yes, the other part of the question was the land value that can be realized when Siaf changes accounting rules in 2013 once on foreign soil.
Lee says that there will be a surplus of 100 million+ and will ipo this gain to the public and divide the proceeds....do you think it will be divided equally per share based on 56 million shares?
Treit2002
I'm trying to come up with a value per share on the announced $100 million+ (25% spinoff to the public) of Sino Agro Holding Company in 2013.
(Spinning off 14 profit centers AND 25% of the holding company) Will it be a straight division on outstanding shares for the holding company spinoff?
Shareholders will love this but can you put your finger on a number?
Yes ........but what is it worth to shareholders? Special dividend or cash payout or additional shares.
Thanks for your opinion.
Question 2
What does Lee mean by saying after the 100 million+ spinoff in 2013
"you as cannot hold my shares forever...sell some keep some"
Next Question
Siaf will IPO 100 million+ of the NTA (1/4 of Siaf) after it moves on the Hong Kong market in 2013 due to HK accounting procedures. What is in store for current shareholders as a percentage of today's stock price (100%-200%)?
Lee says it will be a handsome profit without consideration of share appreciation also anticipated. What exactly does he mean?
It's ok Jim Lay, keep the price low and accumulate then let her run
this is good for all long term holders. Buy it when it dips.
The timing on this stock is 2012 not tomorrow...at least in my case.
That's what I'm thinking ....all the shares are spoken for now
1.20 today