The conference call. and new presentation figure to be vital to the share price, imo. I can understand investors remaining skeptical of a company that targets $58M in 2011 and $171M in 2012, when it delivers $10M in the first half.
However, if they issue new, similar targets when the third quarter is all but in the books, their trajectory will become that much more credible.
For anyone who believes the company is real; that the fish farms are close to sales, with more contracts signed and pending; that the HU business is well ahead of targets; that the cattle business is expanding 7x, etc, the risk is waiting to invest, imo.
But, perhaps the share price will remain low, in which case, the longs will just have to await the actual financials.
After the FORM-10 approval, I think the company would really benefit from some roadshows, as new classes of buyers will become eligible.
The reasons behind the huge growth are fairly easy to understand.
Assuming they approach 2011 targets of $58M and $.45, with NTA around $2.00, and they show how the infrastructure and contracts are already in place for 200% 2012 growth, curious what the board thinks:
At what point in time will SIAF trade at 2x 2012 guided earnings of $1.00 from continuing operations?
