Sino Agro Food Inc (fka SIAF)

[prokopton]

No one in their right mind would confuse Microsoft as a chip builder. It's a software company. It would have probably been apt to use Apple in the example.

The majority of SIAF's revenue to date has been from "construction and consulting services." Bechtel and other large engineering/architectural firms makes billions from construction and consulting services. So, there's a lot of money to be made in that sector.

The problem I see with SIAF is that it's paying/loaning companies IN WHICH IT HAS AN OWNERSHIP INTEREST in, then having these exact same companies (in which it partly owns or is in JV with) pay it back in "services" fees. This is clearly shuffling company around among subsidiaries to pad revenue.

The future of SIAF does look promising, though.

This is my last post on the subject, so go ahead and have the last word.