Replies to post #91188 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

he spent almost 1000 hours before he started to get it and 200 hours before he somewhat got it.

That is what I said also in the past. It took me 6 months to understand the business model, our advantage etc.

But back then there wasn't a lot in the filings. And a lot of stuff that sent you the wrong way. It's a lot easier today. Anyone who reads the 10-K thoroughly should get a good idea about the company. It's still tough though, figuring out where your advantage is. And you need the mega farm stickie to find out about growth. So I agree, chances are you will not get many institutions on board. Unless you can make it really simple for them.

[downthehatch]

Broke:
Thanks for this analysis and all the other comments reporting on the interview today. I think many of us likely are "too close" and don't see that the business is very complicated, and very difficult to explain in an "elevator pitch"
That is no doubt one of the reasons it continues to be valued at such an absurdly low PE, despite years of very strong YOY growth in revenues.

The idea of simplifying the business by selling off non-essential, or less profitable divisions, makes a great deal of sense, and will free up cash to growth the core business, and have a much simpler story to tell to the investment community. That is certainly important, and should benefit all of us who have held SIAF for 4-5 years and more.

My earlier post was partly in jest, as the enthusiasm for the interview seemed a little over the top. I am, like most here, a long term holder, and have taken advantage of recent weakness to pick up more shares in the 11-12.50 range.

GLTA

[EagleCheck]

He didn't spend any 1000 hours. He read DD made by others. But it sounds good to say it because he think it gives him credit.