Sino Agro Food Inc (fka SIAF)

[kavdiv98]

FallogItaly / RD / Viking / Hyper / Challe / TF

There are many that follow Sino Agro fundamentally and very closely. Has anyone thought of how Sino Agro 5 years from now? Is there a long term plan for Solly? I have heard that we will be a $500 mil asset base firm after the first 5 year plan.

Not sure what that means in terms of shareholder wealth maximization? Cashflow generation. I think all Chinese small caps listed in foreign markets should only be worth the dividend its pays. Everything in between can be faked. Big 4 audits / CFO / Cash in the bank etc. To me, they are all there to be listed and traded on an exchange.

The valuation should be only worth the cash dividend paid on a Q by Q basis. That is perception of small cap Chinese firms. Cash generating firms can indulge in buybacks, invest and grow at will etc. That is the only metric and transparency that counts for Chinese small caps.

What is Solly going to do to get there? The valuation of Sino Agro reflects the lack of cashflow. That is fine with me, as as SIAF is in investment mode. When Solly projects, that is the only metric he should be held to.

Hyperboy - Any idea when the Charlotte meetings are?

Very informative board and responsive IR.

Kavdiv