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cleezdeez

04/15/11 12:52 AM

#5453 RE: Strindberg #5452

Thanks for sharing. Though adj EPS fell short a few cents, it's nice to hear audit issues were behind the miss. One resounding question in the space is how these companies *always* make their numbers. The implication being that when you cook the books you shouldn't ever miss. So despite the miss, it is indicative to me that the numbers are sound.

Big picture...impressive YoY growth and multiple catalysts ahead.
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Watchers

04/15/11 4:34 AM

#5455 RE: Strindberg #5452

Apart from that $6mil provision (debt swapped for shares), I suspect there were some other items that caused them to miss the 0.29cents adjusted earnings number.

Perhaps SIAF could not clarify some of these GAAP required adjustments because of their SEC filings.

Not a big deal to me utlimately, as these are one off items. Most importantly, the group must be still charging ahead in the right direction.