I think it is wrong to suggest that SIAF should have a P/E of 10. Apply a 50% discount and be a racist about it, I don't care, but with the growth we are looking at, SIAF should have a P/E of at least 60.
Didn't they teach you guys anything in college? I remember my first lesson well. Always be unbiased when doing research.
And that's exactly what it is, whenever someone suggests that SIAF should be valued at a P/E of 10. Fraud! There isn't a single company in the world that grows EPS 30% and revenues perhaps even 50%, and trades at a P/E of only 10. Marine Harvest has its own problems.
Do not conform to a fraudulent society. Instead, be brave, honest, and unbiased.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.