Replies to post #29350 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Here's another way to look at the company

Net income Hu-plantation Q3 = $4,320,995
25% or $1.08M goes to JV partner

Sleepy Cod income = 493,700 x 0.57kg x 10.81 = $3.04M
25% or $0.76M goes to JV partner

Total = 1.08 + 0.76 = $1.84M to JV partner

10-Q "Net (income) loss attributable to the non - controlling interest = $2,476,834"

1.84/2.48 = 74% of profits from sales (excluding service revenue) is currently generated from FF1 + HU

The other 26% comes from SJAP + HSA + CF1

[The Swede]

I hope they put some numbers and calculations in the upcoming prospectus, that would make people raise their eyebrows.

[RealDutch]

Treit, shouldn't we expect a lot more than $100M in earnings for 2013?

We're at an average of $25M per quarter already. Then there is a lot more coming from cattle sales, fertilizer, PF1, Wholesale, restaurants, import/export. And FF1 and HU still growing. I don't think service revenue will be down either in 2013.