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Re: RealDutch post# 147874

Friday, 10/26/2018 7:12:51 AM

Friday, October 26, 2018 7:12:51 AM

Post# of 163718

The only thing coming out of your mouth is a lot of criticsm regarding SIAF's method of accounting for value (cost method), which they are obligated to do so.



I am not criticizing the SIAF's method of accounting for value. What I am criticizing is YOUR method of valuing the company based on irrelevant facts such as investment at cost which gives little meaning to its true value.


When you start throwing numbers such as in your previous post below, you might have unintentionally misleads other investors to assume that that's what its real value based on investment at cost and get disappointed at the end.

Based on the current numbers, the first distribution is $1.263 per SIAF share. The 2nd distribution $0.26 for a total of $1.52 per SIAF share.

If we assume $60M in profit for TRW the past 2 years then we can add another $0.27 for a total of $1.79 per SIAF share.

If the trade division ramps up nicely then we can target $2,50 per SIAF share. Today.

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