Replies to post #20090 on Sino Agro Food Inc (fka SIAF)

[treit2002]

Petrejus,

You and Viking both mention $1.40 eps in 2013. Would either or both of you mind elaborating a bit on how you get there?

Those earnings are between $120M and $140M, for a company whose revenues project almost exactly to that amount in 2012. I just don't see any possibility. And the company does not need that kind of performance or expectation to do very, very, very well.

The company is clicking on many cylinders, and will add retail for 2013 revenues. But WSPS, restaurants, and retail will all have lower margins than the tax free wholesale businesses.

And fish and prawn sales are not ramping nearly as fast as at least I had hoped; nor certainly as the initial PF2 press release, or other presentations targeted.

Course, I'd love to be wrong. Give me your best arguments!

[The Swede]

You have the exact same optimistic thoughts as I have, or maybe I am even more optimistic.

Someone said that SIAF is "hyped" in Sweden, I know that you are an experienced investor, so I would like to hear your thoughts on that? Because I would say that SIAF is far away from being hyped. I think it's mainly the same investors who bought SIAF in the second half of 2010 that has continued buying all the way, sure a few more has added SIAF to it's portfolio, but not so many that we can call SIAF hyped.

The average Swedish investor doesn't pick up the phone to call their broker to buy SIAF. When SIAF is listed in Sweden and PPS starts to climb and it's possible for the lemmings to buy directly on internet... then the hype will begin! If/when this happens, alternative D might not be good enough.