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Sino Agro Foods, Inc. Message Board

randall899 9 posts  |  Last Activity: May 28, 2014 9:24 PM Member since: Jan 1, 2014
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  • I am not endoseing this stock .I am merely entertaining myself. I am writeing about this business and I own some of it. This is a sec reporting company. Has been for years. Now To highlight some points. over 25 million in revenue. double last years first quarter. 12 million in accounts receivables. Company is not perfect. On paper mostly due to embedded derivatives they lose money .Its accounting procedure. It is complex. Their debt reduced by 400 thousand dollars. They issued no new shares of stock last quarter. over 1 billion of the shares outstanding are restricted and there must be a filing if they are going to be sold. The balance sheet has improved substantially and they have a positive net asset value. In other words this company as it is minus business prospects is worth 1.4 million dollars. The float is about 170 million shares. I don't think they need money to operate at this time. They have the assets to do it. This company appears sustainable. They have been for years now. I also want to thank ali and vince for doing such a fine job with improving the fundamentals here this quarter. Now you buy what you like and you sell what you want. If you are smart you buy stock when it is cheap. When you buy stock you can lose it all. Sometimes though you might eat off chickens.

    Sentiment: Strong Buy

  • randall899 by randall899 May 23, 2014 4:21 AM Flag

    I like it. period. I bought some. See ya at the bank one day. Youll see. I am happy with it.

    Sentiment: Strong Buy

  • randall899 by randall899 May 15, 2014 4:51 PM Flag

    Short term at this point is negative it is in a confirmed downtrend. Trends do change. The exact point very hard to determine. This is a large phone company. It is a component of the New York stock exchange. They have been in business a long time they generate profits and pay dividends. My long term view is highly positive . Buy a stock when it is cheap. Billion dollar company. With several billion shares just on the market. Depressed price since offering started is natural. Strongly feel it will turn around. When is unknown but I feel strongly it will. Look at it. A major player in the telecom sector priced like a otc stock. This is a nyse component. Buy stock cheap and sell them for more. Dividends are just gravy. It just takes time. I own some. Buy what you like sell what you want.

    Sentiment: Strong Buy

  • Profitable company. Market does not like profits but I do. Large o/s .Portugal telecom fully integrated yet? I dont think so.This is a very large phone company. Billions in revenue. If this quarter was average . I don't think it was . Yes has risks of politics .Right now situation is stable. May buy more today. A stock that has a dividend history under a dollar. Market price seems off. Buying and forgetting. Downside from here? I think not much. besides if they pay a dividend for the rest of your life the stock price is irrelevant after you buy it. This would be a good possibility for a young person buying for their financial future. A extremely good one. I buy stocks in small amounts I also buy many different ones That is how I interpret diversification. You buy at your own risk not mine so buy what you like and sell what you want.

    Sentiment: Strong Buy

  • randall899 by randall899 May 2, 2014 10:58 AM Flag

    I bought some and so far I am happy .Everything reciprocates. Change can must and will occur. Buy stocks when they are cheap..

    Sentiment: Strong Buy

  • Reply to

    Help Please

    by danielyoung499 Apr 29, 2014 11:17 PM
    randall899 randall899 May 2, 2014 10:53 AM Flag

    Its easy buy and sell. Doing it profitably? That's another story. What do you want to learn to trade? Stocks Bonds funds commodities real estate.automobiles boats. Take a step and see what happens. If you step in a pile shuffle and redeal.

  • randall899 randall899 Apr 24, 2014 10:00 PM Flag

    +200 million dollars reported on a audited financial statement. by exchange registered auditors .Share count is 170 million a/s I only saw 20 million share increase past year

  • randall899 by randall899 Apr 24, 2014 9:52 PM Flag

    16 companies strong . Holding company. LOOK A UNITED STATES CORPORATION CONDUCTING BUISINESS OPERATIONS IN CHINA Equity finance. Magnificent business prospects. over a 3 hundred million dollar asset base. Growing at a phenomenal rate. Well capitalized internally. Learn what you can buy. dividend payer. albeit a short time record over 2.00 book value as of last years annual report growth imminent cash generating assets being brought online. A slaughterhouse. Read the report for equity stake. Its quite large. I read this board a lot so go ahead and illuminate me with your brilliance. This is value. Stocks can go down in value maybe you should buy them if they are cheap. This one is worth over 4x's its price based on its tangible net asset value. Audited financial reports from a registered licensed auditing firm. Wisdom of ages.

  • Reply to


    by randall899 Apr 24, 2014 1:29 AM
    randall899 randall899 Apr 24, 2014 9:22 PM Flag

    If there is a new equity issuance it is a bad thing. That will depress the share price . I have been in and out a couple of times since nov of 13 I do not pump a stock. If I like it I merely highlight good points I see. all I can say is read the yearly report. The price is way undervalued.. In my opinion the stock reacted badly to the new equity issuance. Timeing is relevant in my perspective. You should buy stock when its price is cheap. By my way of looking stocks can go down in value. All you get for sure is the same up down or untradeable. Stock has value it trades. When the p/e is higher It will be much better for me. I own this stock I am ok with it for now. Dilutive share issuances are bad but not a plague for this company yet. It is known as equity financing. If the funds are appropriated correctly then in the long term the return should be worth it. I do not favor a dilution event and I estimate its effect. This is my wacky idea. I determine the percentage of the new shares that are going to be issued.. by knowing the o/s prior to the issue of them. Then I can deduct that percentage from the share price. That gives me an idea of were the share price should go. For now for me the amount of dilution is tolerable . Management has said it should reduce this year. So far no problem here for me. I dare say I like it. Read the yearly report. Look at this companies asset base existent now. Now add 80% growth. The report is audited by a United states nyse and nasdaq registered auditing company. I independently verified that info too. Stocks have risk and you can never be certain. For now I like siaf. The company has a web page and a facebook page. They are also haveing a investor meeting in charlotte soon . I did participate in the earnings call conference as a listener too. More than one call. also. I like what is going on here so far.

    Sentiment: Strong Buy

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