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Re: treit2002 post# 5363

Thursday, 04/07/2011 12:51:11 PM

Thursday, April 07, 2011 12:51:11 PM

Post# of 163722
personally, i see most people starting to eat fish only, sourced from china, so i think in two years SIAF will be the sole provider of fish for china and Europe. with that said, i think 50% over the next 5 years is a little conservative.

Even though SIAF trades as a pink status, and we have never seen their books, i am confident it will trade in the teens in the next few months.

When I asked where people thought SIAF would be, or could be in two years, the answers were 10 - 13.

If SIAF were to appreciate 50% per year for 5 years, it would be 10.65. Gotta say any investor would be delighted with 50% per year, yet people on this board -- myself included -- think that SIAF can, and probably will do much better.

Failing some monumental business leap, the only rational way to get to the out sized return expectations is multiple expansion on top of 60% - 120% yearly earnings growth.

A dual listing is the single best way to promote multiple expansion, imo. I encourage everyone to endorse the idea, and make their thoughts known to SIAF management.

Of course, for now, they have to wade through the Form-10 process.
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