Replies to post #7271 on Sino Agro Food Inc (fka SIAF)

[treit2002]

To be honest, I don't remember what I heard that led me to the interpretation you reposted.

In that sense, I haven't changed my opinion, other perhaps than as follows.

The company basically does what it says it will do, always belatedly. I think this is an outcome of good intentions and optimism. They've just announced applying for OTCBB, before a more senior exchange, before an Asian exchange in 2013.

The senior exchange requires a lot more criteria being met than OTCBB, including a minimum share price 200% to 500% higher than current.

The ability to actually list either subs or the parent on an Asian exchange would be absolutely huge for shareholders. They can't do it until NTA has at least doubled and revenues reach perhaps $200M. If successful listing in Asia, the p/e multiple could be expected to rise dramatically.

So, the more they reiterate this intention; the more they state and meet milestones in that direction, the better off shareholders are/ This is another factor distinguishing SIAF from other US listed Chinese small caps.