Sino Agro Foods, Inc. (SIAF), currently $0.45, is an integrated, diversified agricultural technology and organic food company focused on developing, producing and distributing agricultural products in the Peoples Republic of China. SIAF intends to focus on meeting the increasing demand of Chinas rising middle class for gourmet and high-quality food items. Current lines of business include the manufacture and distribution of beef and lamb products, fish products, bio-organic fertilizer, stock feed and cash crops.
SIAF is a fully reporting pink sheet company that will soon start trading on the OTC BB. SIAF is currently working to add 3 independent members to its Board of Directors in order to prepare for a future potential listing on a higher exchange.
SIAF`s revenues last quarter were up 36% to $20.4 million. SIAF reported net income from continuing operations attributable to SIAF and subsidiaries of $6,273,473.
SIAF currently has only 62.42 million shares outstanding and a market cap at $0.45 of $28.09 million. SIAF has trailing twelve month revenues of $64.87 million and trailing twelve month net income of $22.75 million. This gives SIAF a trailing P/E ratio of only 1.23.
SIAF has a strong balance sheet with a book value of $1.83 per share! Check out this video posted two months ago of SIAF`s facilities in China: http;//lebed.biz/siaf.html ----- My firm Lebed Biz LLC has been compensated by a third-party (Wall Street Grand LLC) $20,000 cash for a one-month SIAF investor relations contract. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: http://lebed.biz/disclaimer.htm Jonathan Lebed Lebed.biz Staff This message was sent to from:
Jonathan Lebed | 350 Ramapo Valley Rd | Oakland, NJ 07436
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