Sino Agro Food Inc (fka SIAF)

[treit2002]

"I hope SIAF's HU plant has a good Q2 and does not wait till Q3 to show proper harvests this year -- As people say, the company has supposedly been very conservative in that segment's "guidance", so I hope you guys are correct in that prediction."

Where are you coming from with this?

The flowers aren't sold in the second quarter because they haven't been harvested. Revenues from HU were $150K in 2009 and $0 in 2010.

Revenues will be realized in the second half, plain and simple. This is one of the reasons guidance called for strong growth -- sans dairy -- in the second half.

As for your comment that "some people" say that guidance is "supposedly" conservative:

They guided based on 2010 experience in which the yield was 31M flowers, which was about 1/2 of 2010 capacity, due to bad weather. 2011 capacity, weather permitting, is 100M flowers.