Replies to post #60153 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

I have 75% of my money invested in this stock. The people who tell you to invest 5% haven't done their homework. I have!

You need between 10,000 and 20,000 shares. You'll be able to retire 5 years from now.

In the meantime, let me deal with management and the board of directors since I have nothing better to do.

[viking86]

excellent. You really donot need more than 10,000 shares of SIAF to retire filthy rich in about 10-15 years if it works out as I said. Worst case you lose only $5,000, no big deal right?

Here is why very simply put.

The Mega Farm will earn SIAF at full capacity, even without any ownership:

330,000 x $12 x 34% NM = 1.35 Billion profit per year

on 150M shares, eps = $9/share

The remaining business will make at least the same profit in 10 years, so;

total eps = $18/sh

assume P/E =30, pps = $540

if you own 10,000 shares, your net worth will be $5.4M without the stream of divi which may be say 30% of eps = $5.4 per share (or $54k total ) in year 10. The flip side is you may lose max 5K.

So what do you have to lose?