Replies to post #28065 on Sino Agro Food Inc (fka SIAF)

[nisse44]

Of course he knew. It is in his 5 year plan ;)

[Traderfan]

what's surprising is S reaffirmed 2012 eps guidance of 0.68 almost in the same breath as announcing that o/s has been overdiluted in Q3 by 14/84=17%

It's always interesting to me how different people look at different things from such a different perspective. Now this reaffirmation of the EPS issue. That's about the last thing that impresses me. The absolutely last thing. Why? Because anybody can pull numbers out of hot air whenever he likes. If SIAF inflates numbers they can do it with 15 million shares more or less. That's not telling us anything.

Now guess what I'm interested in. I'm mostly interested in seeing some signs that this company is for real. I would take anything at this point. Anything that is more logical than the last 18 years. lol

[treit2002]

"what's surprising is S reaffirmed 2012 eps guidance of 0.68 almost in the same breath as announcing that o/s has been overdiluted in Q3 by 14/84=17%."


~~That's what scares me. It's like he's known all along how much dilution was coming.

The 14m shares were all in the last quarter, so WAOS will be higher than expected by at most 3.5M shares, or less than 4%. So, maintaining projected earnings equates to beating by 4% had the WAOS stayed the same. No very hard to believe.

However, 2013 is a totally different story.