Sino Agro Food Inc (fka SIAF)

[treit2002]

with 40m in net income for 2013

They've already made $38M on $90M in revenues for 9 months in 2012.

Looking for about $60M full year 2012 and $100M+ 2013 on revenue >250M. That's what makes this a great investment, which will evidence if and when the share issuance/overhang stops, and the company reaches a critical mass of credibility to attract funds.

Ain't going to be $40M.

The share count will dilute eps; yes, but they will be very good regardless.

The net margins so far in 2012 were 42%, astoundingly high. But they are equivalent to 28% net margins in the U.S., if taxes are paid at 33% rate.