Sino Agro Food Inc (fka SIAF)

[jyyoo]

Looks like TRW, including the TRW Trade Division is ramping up as planned. SIAF revenue/income is finally increasing significantly. If they continue to do this a few more quarters and get a few loans/contracts SIAF should finally make it's way to a more fair valuation. SIAF's stock price imploded because revenue/earnings imploded, and they diluted at the same time; now we have revenues/earnings increasing and no dilution so price should follow upwards. Quarters like this of increasing revenue/income make it much easier to wait for loan/CA contract catalysts that I still think will eventually come and surprise the market.

"-Revenue in the fourth quarter of 2019 was USD 38.6 M, an increase of 14% from Q2 of 2018, and an increase of 32% compared to Q1 of 2019.

-Gross profit in the second quarter of 2019 was USD 6.9 M, an increase of 28% from Q2 of 2018, and an increase of 38% compared to Q1 of 2019. All business segments booked positive gross profits in Q2 2019, highlighted by a 300% increase to USD 2.4 M at the Cattle Farm business (MEIJI).

-Income from SIAF’s equity investee, Tri-Way Industries totaled USD 3.6 M, a 42% increase over the previous quarter, Q1 2019, and contributed .07 to SIAF’s earnings per share.

-As of August 14, 2019 there were 49,99 M common shares issued and outstanding, unchanged from the previous quarter’s end."