Replies to post #143665 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

It seems certain that they will use the $3.41 from the carve-out 2 years ago.

If you want to get more insight into the fair value in the near term, it rather depends on whether AF4 can achieve 6,000 MT/year. And whether they have (or will) inject more assets. The $58M due from TRW right now could very well consist of assets they are planning to inject, for the most part.

Then we'll have to wait and see how the contracts for ODRAS 3G cooperatives are structured. Whether TRW or CA will be the beneficiary here.

Then we'll have to wait for financing as well and more contracts for APRAS.

Then we'll have to see how the trade division evolves. Could be rather significant.

And finally, the valuation in the market place after the IPO. Right now, TRW is valued at a P/E of roughly 8.