Replies to post #147739 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Yes, of course. Just for the stock dividend. If we take $10 as the target, then SIAF should be worth another $30 or so. In theory.

But we can still dream. Anything is possible with those cooperatives. I can calculate how many hectares of ODRAS we need for a $100 stock.

Let's assume that 50% of future profits will go to TRW/CA. Which means that perhaps 35% will go to SIAF/CA and what we own of TRW.

For $100 and 40M shares outstanding, a P/E of 10, you would need $400M in earnings. 400 / 0.35 = $1,143M profit needed overall.

The yield per hectare is roughly 120 MT. The profit roughly $400,000 per hectare.

So you would need 2,850 hectares. or 42,000 mu. I mean, who really knows. They already have 6,000 mu planned in Yangjiang and 2,000 in Shenwan. Of course it will take time, and the problem is financing. But anything is possible. And this is just from Cooperatives/ODRAS in China. Doesn't even include APRAS or TRW or CA.