Sino Agro Food Inc (fka SIAF)

[The Swede]

It will be interesting what pre-IPO will do to EPS. Since SIAF will owe less then 20% of Triway after the IPO, Triway will be considered as a normal investment that can increase or decrease in value and will effect the EPS directly depending on the market value when the close the books. So the dividend it sell is booked as a loss normally, but since the market value of Triway will increase so much, it might result in a positive EPS.
The second round of IPO will blow EPS to the moon since the increase in value of Triway will be huge!

I know it's just numbers on paper, but it will still raise allot of eyebrows when earnings are published