Sino Agro Food Inc (fka SIAF)

[treit2002]

The question is what Q2 results would indicate that SIAF is on track, and what results would show them ahead. There's been no Q2 revenue target, but SIAF has said that the growth will occur in the second half.

We know that 100% of fish sales, and both the HU and asparagus revenues will be in the second half. These alone comprises 36% of the $57.7 targeted for the year. In addition, all other businesses ramp up throughout the year. In the fourth quarter, SIAF will be constructing more fish farms and cattle houses than they during Q2. The second fish farm started construction 2/3 of the way into Q2.

Absent Jordan Fund defining what a surprisingly favorable Q2 is, nor where a surprise might come from, the real news, imo, will come from the conference call. Presumably, regardless of Q2 revenues, we'll find out if SIAF is on track and why.

I agree with Traderfan that nobody is expecting large revenues from Q2 -- in relation to the full year projection, perhaps on the order of 10%.

But who knows, maybe Emilez will report back that Jordan Fund has reason to believe the fertilizer businesses are well ahead of schedule, or some other wild card.