Sino Agro Food Inc (fka SIAF)

[treit2002]

But if they did the same with other assets, and increased revenues and profits again, that would be justified as well.

We don't even know that anything was really undersold or overpaid. We only know that they project great numbers, and have come through in the past. Yet, I'm sure we agree they must continue to come through, basically like this:

Q1: $ 3M
Q2: $ 9M
Q3: $18M
Q4: $27M

That is basically what they said, give or take, as long as the $58M total is being nicely progressed. HU revenues come in Q3 and Q4, plus dramatic increases for fish and cattle.

I just don't see any reason to believe that they intend to sell any assets, though I understand your skepticism.

In fact, what they've said is that they will spin out the subs to the Asian public markets, where they will surely get a higher valuation.