Replies to post #124029 on Sino Agro Food Inc (fka SIAF)

[zerohedge]

ask solly solly so solly - he's been MASSIVELY TROOOOOTHFULLLL FOR YEARS so you should just buy the whole deal hook line and sinker. its a financial death wish.

[RealDutch]

They are doing an average of close to $1.8M net profit per quarter based on SIAF's 23.89% stake. Q3 came in a bit below, at $1.3M.

So that's $30M annually for TRW as a whole for 2017.

Multiply by 3 if gross margin is 33%. Gives $90M in revenue. Divided by $10/kg gives 9,000MT for 2017.

Q4 could be in line, close to $1.8M but higher than Q3. But that's a guesstimate.