Sino Agro Food Inc (fka SIAF)

[treit2002]

Yes, I agree that no one saw the dairy sale coming. I certainly didn't. The company did not prepare us. And, on the face of it, selling 3/4 of revenues is a more than daunting prospect, looked at in isolation. But, now I believe that SIAF has taken two opportunities to explain it pretty well, and the share price is just about where it was.

I was hopeful that someone would post Q&A to understand even better.

What I meant by "no reason to believe they intend to sell any assets," was that just because they did it once, doesn't mean they will again. They justified the sale, imo, by their perception of dairy vs. the other businesses, and by the revenue projections, which all will certainly monitor. It was a MAJOR change in direction.

But there's no reason to believe something like that will happen again. The large businesses are fish and cattle. For each, they are projecting strong growth through 2013, and have flat out said they intend to ipo on an Asian exchange.

But again, I invite anyone who attended the presentation to post news from the Q&A where these questions should have been asked. If not, we'll have to wait for JF's visit to China or a Q2 conference call.