Sino Agro Food Inc (fka SIAF)

[treit2002]

Assume you mean a trading halt related to something material; unlike SKBI mistiming their annual meeting, for instance. Are there really 2-4/ mo?

Suppose you could view that as pretty quick winnowing.

I totally agree with you on valuation; by far the largest catalyst on the horizon is the dual listing.

In today's environment, I'm not sure how we get to 2, in order to uplist. I'm hoping that their progress on both operations and recognition fronts over the remainder of 2012 and early 2013 do the trick.

At that time we will have the imminent specter of a company with a multi-year demonstrated 100% + growth rate, and 2013 guidance of $250M - $400M in revenues and $1.25 +/- earnings, plus the expected dual listing, with the spin out kicker a year hence.

But we will only begin positive cash flow, and a p/e of 1.5 leaves us a bit short.

It is encouraging that they said AMEX might relax the price minimum.

Curious if you think this projection is realistic or likely; after all, while it is a small fraction of the fantasy valuations being tossed around, it is still a triple in one year.