Nice summary BB, thanks. I'm glad in their recent update that they were very careful to note that while their new year-end figures will have to be recalculated to be in accord with the new June 30th year-end date, that once again management reaffirmed the old 2010 21/31 full year estimates as still valid. I think through PRs and at least one investor's direct conversation with SIAF's CEO, that .29 full year figure has been confirmed four or five times now at different intervals over the last six and half months. With the 2008 and 2009 audits so close to being done, and with the second quarter numbers probably pretty clear in their minds, one would think they'd be in the best position they've ever been in to assess things. At any event, investors have a clear benchmark to hold them to.
On another note, I'm sure you noticed back in early May they announced a "Breakthrough" in "a new Enzyme technology for use in agricultural applications such as Stock Feed and Bio-Organic Fertilizer production in cold weather climates."
I thought it was a rather significant announcement since they said scientists had been working on some such breakthrough for decades and the improvements amounted to 60% reduction in germination time and a 70% reduction in the temperature rate for it to take place. To make that much improvement over the best existing practices with scientists all over China chipping away at it seems quite extraordinary. Anyway, since you are from Sweden and hence a colder climate, I was wondering if you had any insight into the significance of this announcement? I would think it would be a breakthrough that many in Sweden would look to implement. Yet I know nothing about the subject, and there were some comments in the announcement that insinuated that the breakthrough might be restricted to the growing of their own "Stock Feed and Bio-Orangic Fertilizer". I frankly don't see why it would be limited to such, but that's hardly surprising given I know nothing other than what was statd in the PR.
News 
Market Data 
Discover 
