Replies to post #6049 on Sino Agro Food Inc (fka SIAF)

[treit2002]

Agree that they won't guide for the quarters.

However, the $.39 yearly guidance was based on selling the dairy for $31M, but they actually sold it for $45M.

I am unsure what impact this will have on capital gains -- therefore GAAP income -- nor on capital development expenses, or where they come from.

These would be great things to discover at the Q & A.

[Lucky Loser]

Siaf is not allowed to provide new information about earnings estimates, etc. at a closed meeting in Sweden.

They certainly can, as log as they 8-K it w/the SEC, and as long as their numbers are based on sound facts that are either an industry standard and/or proven from past performance by SIAF.

The SEC will only give a hard look when numbers cannot be substantiated; otherwise they are expecting the company to provide as much "useful" information to the investing public so that educated decisions can be made.