Replies to post #124347 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

I.e our current indoor RAS is larger then the future covered outdoor RAS of Guolian.

Don't think so. Close to the same. But it's a meaningless comparison. As covered ponds always cover a larger area than indoor tanks.

So both companies are seeking financing. TRW has a better system, spent a lot more money (pr m2), has a much higher margin, and is more profitable?

Sure. Even for ODRAS IMO. It's all about efficiency. Low cost high yield operations. I think AF1 requires only 15 employees to keep it running.

hmm I wonder which company the banks prefer wink

Well, Guolian can always issue more stock for a P/E of 30. They actually made a bid for another company a year ago worth $1.5 billion. So they can acquire TRW for $500M and then we must hope that the Chinese partners don't choose the easy way out. And then Solomon can go fk himself and play with his stupid HU-plants or Wagyu beef. If you get my drift.