Replies to post #29122 on Sino Agro Food Inc (fka SIAF)

[stolpen]

viking i micalculated notting at all, i deliberatly took away mumbo jumbo figures they hide behind, give it a few quarters for the waos to catch up and guess where you will be with this reckless behaviour?

[stolpen]

Runned out of post yesterday. The non waos eps calculation on the fly was a biproduct calculated with your figure as ground.

My main point i will elaborate on in a separate post, to me the Capexplan and it being updated are extreemely important when the Transfer Agent no longer answers requests.


"any guess what it may be? My guess: rev= 55-57m?"

I though it was a full year figure but reading back and comparing it to the 10Q i see that assumption was an error on my part.
My own calculations are made in swedish crowns on my spreadsheet so the numbers didn´t ring no bells either.

So the right thing to start with in this post are to do more of an accurate calculation than the one on the fly but i´ll continue using your numbers cause i find them usually to be on the point.

starting of with all calculations are for the argument so i´ll restrain it to conclude only non waos numbers.

I´ll do it at 3 different calculations based at 3 different O/S:

1. At a sharecount EOY 2012 of approximately 100m shares
with a full year Revenue of Q1-Q3 $ 89,678,991 + Q4 55m
a total full year rev. of 144,7m
~145m - ~50% = 72,5m - non cont. interest of app. (~5%) 7m = 65m and no taxes so 65m /100m shares = EPS of 65c.

2. At a sharecount EOY 2013 of approximately 130m shares
with a full year Revenue of $ 145m + ~50% as general consensus at the board have suggested for 2013 = 217,5m
~217m - ~50% = 109m - non cont. interest of app. (~5%) 11m = 98m and no taxes so 98m /130m shares = EPS of 75c.

3. At a sharecount EOY 2013 of approximately 500m shares
with a full year Revenue of $ 145m + ~50% as general consensus at the board have suggested for 2013 = 217,5m
~217m - ~50% = 109m - non cont. interest of app. (~5%) 11m = 98m and no taxes so 98m /500m shares = EPS of ~20c.

Now the third alternative are less likely but without any at all compliance to the forecasts and the Capexplan presented and none updates or information or possibilities to call the transfer agent for current O/S and A/S what on earth guaranties any of this at all? Since they stopped answering A/S or O/S questions we are all dependant at the accuracy of the Capex forecasts as far as i can conclude. Due to well in the neightbourhood of half the chicoms having creative accountants demanding some means of controlling the number of shares present should be mandatory imo.