Sino Agro Food Inc (fka SIAF)

[treit2002]

Drexion,


Further to my last post.

The first quarter comparison next month is $4M revenues. Expect 100% YoY beat there, which would be a good start to their seasonally much stronger second half.

If the downside is not making guidance, the upside is what making 2011 guidance implies for 2012, because slowing growth from 400% to 75% gets 2012 revenues of $105M.

You have to understand how scalable these businesses are. If -- and admittedly they have to execute -- they build 8 fish farms in 2012, s they previously targeted, you'll see phenomenal earnings, because fish sales from 5 farms will kick in for a whole year, vs, sales from 1 farm for half a year, with a smaller equity stake.