Sino Agro Food Inc (fka SIAF)

[RealDutch]

Assuming we have no further share issuance my guess is between $3 and $4. Anyone else care to guess?

Besides no further dumping of financing shares, I've always said that the FN listing and the institutional buying connected with it will be a key factor. We simply can't do this on OTC when Nasdaq listed reverse mergers are valued at 20% of book value and OTC stocks much lower. And I don't feel like waiting for the economy or sentiment to improve over the next 12 months.

We also need some insider buying now. The SJAP spin-off should not be delayed and there's possibly talk of listing on a major exchange in the US a year from now. If all these conditions are met, and the growth story remains intact, I expect us to be trading between $7 and $15 a year from now. Still undervalued by a factor 3 to 5. That's because we can't get a normal valuation after just one year IMO. It takes 2 to 3 years.

As you can see it's more than just guessing on my part. I really think it will happen.