This time i read their report!
I needed to know something and i got the answer.
Siaf market value: 12.51 million dollars
Siaf cow dung fertilizer inventory value: 12.6 million dollars.
Awesome, they still have more cow dung inventory than market value, yet another reason to invest! =D
But on the other hand it's quite unbelievable. Now if somebody lies about one thing, doesn't it mean that they probably lie about many other things as well?
Reported total assets were at over 790 million dollars. At 12,51 million market value that is the new world record P/B 0,0158. LOL
Do you think that the market is wrong and this misunderstood chinese guy with bad bank relations has actually created the best company in the world to invest in?
Or could it be that the market is right and this chinese guy with bad bank relations is fooling you?
Hmmm.... =D
