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treit2002

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treit2002

Re: RealDutch post# 30045

Saturday, 02/16/2013 5:23:50 PM

Saturday, February 16, 2013 5:23:50 PM

Post# of 163718


In valuing a sub, it does make more sense to use NTA than market cap of the company.

But TF has a valid point. We are pretty far from any spin off.
The first spin out will be SJAP.

In the interim, there will be milestones to look for:

SIAF gets increased stake in SJAP
SIAF trades in Sweden
SJAP granted Dragon Head status
Further loans or grants to SJAP
Progress on abattoir
Bull restaurants expanded or franchised
Approaching 10,000 head of cattle
Financials broken out
IPO application



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