Sino Agro Food Inc (fka SIAF)

[RealDutch]

No. They were ramping up imports for the distribution center by december. You just missed it in Q4. The abattoir should ramp up, and you get 2,000MT sales from the Mega Farm. But this is all low margin stuff.

So for this year I expect EPS between $3 and $4.

It won't matter. They have to acquire PF1 and PF2. I can't see how else they are going to get the share price up. Perhaps if they report and do a bond for $15 afterwards.

In 2017 you get 7,000 MT from the Mega Farm. Perhaps they will own 50% by then. But it still doesn't amount to fast growth. If they are still diluting. They are going to have to do this step by step, with a strong focus on shareholder value. In order to succeed.