Replies to post #11254 on Sino Agro Food Inc (fka SIAF)

[treit2002]

"If they make eps of 60c 2012, the market will consider that 60c is added to the balance sheet. "

Yes, they will add even more to NTA, with grants and allowable increases in LUR valuations.

But little to none will be added to cash. When the company starts positive cash flow (on the way to becoming "cash rich") may be the inflection point for share price, because it coincides with both eliminating any possible need for equity financing and the Sweden exchange listing.

[EagleCheck]

Rolling EPS for backward 4Q is 0,039+0,096+0,084+0,070=0,29.

With a SP of 0,62 we today have a P/E of 0,62/0,29 = 2,13.

If you go for Forward looking P/E we have 'something like'
EPS = 0,07+0,14+0,21+0,26=0,68

P/E would then be 0,62/0,68 = 0,91 But this pure theory, and no one is actually buying that, so we have to go by the backward looking P/E.

So, IF we get EPS = 0,68 for 2012. We may have a SP of about $1.5 in a year, with todays market.