Replies to post #82755 on Sino Agro Food Inc (fka SIAF)

[viking86]

Ya I noticed that the 10k shows Anthony owns currently no shares. No way. I had expected at least 1m. Right Sly?

[Helium-3]

Here is an RD post that I kept from last year. I like the numbers but sadly the company will not come close to posting these kind of figures for 2014. Although the per head revenue is probably pretty close.
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RD, your estimates for 2014 look interesting. I was wondering how you arrived at 200M revenue for SJAP. If you have time can you breakdown SJAP's revenue a little further as I think many in this room, myself included, would find it extremely valuable.

Thanks

FT
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10Q page 22.

As primary producer, SJAP’s revenue generated from one head of cattle = RMB 29,940 = $4,800.
As a value added processor, SJAP’s added revenue generated from one head of cattle = RMB 51,507 = $8,200.
Total Revenue generated from one head of cattle = RMB 81,347 = $13,000.

They hope to process 20,000 head of cattle
- 6,000 internally = $78M (6,000 x 13,000)
- 6,000 from contracted farmers = $78M (6,000 x 13,000)
- 8,000 external = $66M (8,000 x 8,200)

They also sell some $20M worth of fertilizer and stockfeed to 3rd parties.

Add 75,000 sheep. Or maybe $1,000 a piece so that's $75M.

Total = $317M.
But that's the best case scenario so one should apply a discount.