Sino Agro Food Inc (fka SIAF)

[RealDutch]

Donot forget to add earnings from the existing business (16 profit centers currently that will all be fully producing in 2017) plus other additions.

I forgot to include revenue from consultancy the first time. So if you think about revenue (profits) from consultancy as well as the abattoir then it's easy to see why I should have tripled that number to $324 instead of double it.

My estimate is the mega farm will generate by itself an eps of about $3.6 in 5 years.

Yes, the more interesting aspect now is what happens to the engineering team. Obviously Solomon wouldn't want to "keep them busy for 15 years". There may be other contracts, it's not just prawns. So I think he would want to at least double capacity in the next 2 years or so for the engineering team. Well, perhaps Melehuna will get an opportunity to ask Solomon.

Hopefully we will get quarterly dividends by then.

We should start next year IMO. Even if it is only 1.5c every quarter. It's a double win because it will save the company money in early 2014 and they can finally pay on time.