Replies to post #146772 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

First I have to say that I don't know how much SIAF will own of TRW (18.3% or more). Also, I don't know to what extent CA will benefit from ODRAS projects, in China and abroad. The 3rd thing I don't know, lol, is whether or perhaps more relevant, when, AF5 will go ahead as planned. Which is a really big contract for CA ($240M).

But I also said in theory we could sell CA to TRW for stock. In which case SIAF would own roughly 50% of TRW. So perhaps it isn't such a bad idea to value SIAF at 50% of TRW's earnings. Which means if TRW is making $100M some time in the future then SIAF would be making $50M, with some 40M shares outstanding. Just a thought.