Replies to post #7532 on Sino Agro Food Inc (fka SIAF)

[Lucky Loser]

Absolutely. Now that most of the uncertainty over issues surrounding SIAF have either been clarified and/or satisfied, there is nothing valuing the stock at these prices that explains it better than abject stupidity.

[treit2002]

Perhaps some tax loss selling; perhaps continued distrust of the Ironridge deal; perhaps random, and it will close today up.

What we do know is that it isn't is fundamentals.

Mr. Lee is a very smart, and credible guy, imo. If so, we know the company will earn $.44 or $.45 this year. We know that the company sold 3/4 of its revenues and will have reinvested $45M into its high growth businesses. We know the businesses are very high growth because 2011 revenues will exceed 2011 by at least 25%, meaning that revenues from continuing operations quintupled.

We know that the largest business is now the fisheries, and they've really just begun. We know that the essence of the fish business model is that every $1 in consulting revenues in year one generates $2+ in fish sale revenues in year 2, more in year three. We know that every $1 of net income from fish sales in year one becomes $2 in earnings in year two. This growth is baked into the model, and does not count new fishery contracts, nor eventual sales.

We know the company will approximately double 2011 earnings next year. We know that the company then will have doubled its dividend three years in a row. And we know the spin out of subsidiaries will be on pace.

[emergingmarketinvestor]

I believe we are 'near' the absolute bottom which is likely around .41 due to people thinking incorrectly Ironridge recieved shares at this.

So let them sell if that is indeed who is selling. But it might not be anyone selling and just someone playing games trading back and forth to themselves(someone who has a lot of shares) which is the more likely, I mean really think about it. Not too many retail investors are going to AON limit sell dump 50,000 shares at a time or buy such a large amount in a AON limit buy order.