Sino Agro Food Inc (fka SIAF)

[Drexion2004]

Thats a fine argument, one that whomever bought the dairy segment obviously disagrees with ;). So who was the visionary, the buyer or the seller? Why is one right and the other wrong? Do we have all the proper information to correctly answer that question?

Speaking of that, who bought the dairy segment? Was it a big dairy firm, a random rich person/company or a friend of the CEO? (I have no idea, so this is a simple question I have not looked at).

The reasons I am asking all these questions is that I have heard, from a friend who has a on-the-ground team, that the HU plantation acreage is not what the company claims. I don't know any more than that, my friend stopped his DD at that point AFAIK. I don't place *that* much weight on this finding since the DD could be incorrect (not sure how carefully it was done) and I don't know if the entire HU comes from 'one block' of land or multiple separate blocks. But hearing this kind of thing certainly makes me alert and forces me to look for yellow/red flags in everything the company does.

Shrug. Take it for what its worth -- A simple need to look more carefully into it. If I was a shareholder with a large stake and heard something like that, i'd look into it (verify land acreage with the county, interview some people around the area -- Maybe other farmers or competitors?). That kind of thing.

-Fernando