I noticed in today's PR that recent Chinese legislation aims at limiting the use of chemical fertilizers and that could be good news for SIAF and its subsidiaries HSA and SJAP that produce organic fertilizers. I did not know about this recent legislation. Is it news for you guys as well, or have I just been asleep? Do any of you follow CGA? Have they said anything about this recent legislation.
Organic fertilizers is one of SIAF's low performing assets (HSA), with a ROA of only 9% in 2014. In Q1 2015 ROA was only 3% in HSA, and total assets was more than 100 MUSD almost 20% of total assets in SIAF.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.