Replies to post #13050 on Sino Agro Food Inc (fka SIAF)

[slyestjester]

Viking--I don't know but the importance of the HU plantation could be in the possession of the land for other future, more integrative enterprises. It may be that Solomon is using it now to generate cash now before he has the means to use it for cattle/fish. With your greater familiarity with the data re. location, you can judge better than I. But Solomon seems very keen on the value of land in China, and I doubt he would sell it for that reason.

[treit2002]

I think the HU business would have provided massively needed cash the last two years, had the weather cooperated. same may be true this year. HU is a cash business.

I would certainly favor selling it instead of issuing shares. Problem is, I doubt it can be sold until it shows real reliable ebitda; meaning, when the green house is up. My guess is that when the green house test works, the business may be bankable, so the need to sell disappates.

The other Bakue of the business is providing a diversity of wholesale goods, including asparagus for the retail outlets.

Hope we see some press releases soon.