Replies to post #10402 on China Growth Stocks

[morokoy]

RDBO - SIAF

For a quick snapshot on RDBO, I used the figures at GeoInvesting, Quote.
RDBO = $5.00 shares 15M, and based on cash requirements below, that price may well drop significantly. No room for R/S?
SIAF = $0.81 shares 53M, so there is lots of room for an R/S, however, their cow increase was just paid for, and accordingly, will unfortunately not become CASH cows, until 2013.
Seems like SAIF may be the more attractive, long term, if you have SPARE cash to invest now, because as of today, they both look the same as a 0.75% 4yr bank CD.

As of March 31, 2009, Mega Profit Agriculture made a total down payment of RMB 84,830,400 (approximately US$12,413,666) to acquire land, buildings and equipment from various parties. The remaining contract amount totals RMB 63,805,485 (approximately US$9,336,983). As of March 31, 2009, Harbin Rodobo also made down payment of $1,024,346 to purchase certain equipment.