Replies to post #8984 on Sino Agro Food Inc (fka SIAF)

[emergingmarketinvestor]

http://en.wikipedia.org/wiki/Tiger_prawn

http://en.wikipedia.org/wiki/Freshwater_prawn_farm

[viking86]

you may be right, the rev numbers can actually be bigger. Too good to be true?

Tiger prawn (Penaeus monodon) average weight can be 32 to 34g and avg length 17cm, acc to various studies, here is one:

http://www.sciencedirect.com/science/article/pii/0044848679901741

so based on a weight of 33g per tigerprawn and ASP= $20/kg, the potential rev of 2.8 Bill prawns can be about $1.86 Billions !

I would say one tenth of that sounds more realistic but will stiil be a huge number.