Sino Agro Food Inc (fka SIAF)

[ValueInvestor01]

True value cannot be determined for private companies. It depends on fundamentals and growth.

That's my whole point, that's why those numbers you said should be taken with a grain of salt. It might mislead other investors. It does not mean much. It can be a lot lower or a lot higher, but at this moment, we don't know.

Investment at cost in this case reflects a conservative estimate of fair value. Roughly a P/E of 10 to 12. I would say that's fair. .....We should get a P/E 2 or 3 times higher in Hong Kong.

Again, where do you get that ideas and numbers from?