Well it's for sure not a $100 a share company yet, that's for sure.
We had 7 bucks in EPS year 2012,(EPS 3,6 year 2015) and we have a CEO who keep going on and jeopardize this company's future with no available cash and puts it in a bad spot financially wise all the time.
That together with the China stigma and not that great communication to the shareholders with carrots and broken promises for the last 8 years will make sure of that the P/E will be low for a foreseeable future.
It's been all about showing us the money in this stock, I hope that Solomon actually will do this one day, a healthy dividend plan together with some buybacks, that should start rocking this old pig.
There's still things they will have to prove, that Siaf will build out the MF in a rapid pace and that they keep the margins up without any bigger issues. The first buildings took like 3 times as long time to build than what they first said, so they still have a lot to prove. We're still down like 85% from the last top, so just keep that in mind before you guys are talking about a 100 bucks party. SJAP should have been worth 1 billion dollar 2016 according to Solomon, just saying so you guys don't loose your focus into hope.
