Replies to post #9877 on Sino Agro Food Inc (fka SIAF)

[viking86]

looks like they have found a way to significantly reduce the lag time to reach marketable size (500g) by using rotational stocking with larger fingerlings. I think the lag time is now just 2-3 months b/w stocking and selling. Awesome.


Therefore a supply contract was executed with Guangzhou Jingyang Aquaculture Co. Ltd. on November 17, 2011 to supply the farm with SPF sleepy cod stock (from 250g/fish and larger) and blue baitfish from April 2012 to March 2014.
This in turn provides the foundation to achieve targeted sales revenue of $13.5M and $21.5M based on the output of 500 MT and 800 MT in 2012 and 2013, respectively.

[viking86]

Treit: Can you pls. refresh our memory what rev targets were set for 2011 and 2012 at the last Sweden presentation in terms of the 5 segments reported in 10k:
Fish, Beef, Cattle Dev, Feedstock/Fertilizer and HU/Asp. ?

If you could also throw in your own 2012 rev exp for each segment, would really be appreciated. I also expect 2012 rev to come in in the 120-130M range but am at a loss as to what to expect from each segment. TIA