Sino Agro Food Inc (fka SIAF)

[treit2002]

Is it possible dilution concerns are over?

It looks like the share issuance for 2012 already happened; at least according to the report of current shares outstanding.

If shares are issued in 2013, don't think many would mind, if the shares were priced > $1.50.

It appears that this is at least the company's intention, as they target an uplisting by eoy 2012.

They are also trying to gain institutional support as an uplisting approaches. Again, this will coincide with November's Q3 press release updating corporate developments (just like Q1) and reporting > $40M sales and $.20 eps.

So, we would need a backward p/e of 7.5x quarterly earnings, forward annual p/e of 1.25 +/- .

Would be fantastic if in Q3's press release in mid November they issued preliminary, or even minimal 2013 guidance, to be refined over time. Might as well try to meet the uplisting time table, as much as possible.