Top 50 Most Undervalued Companies for 2010 (part 5)
By Zack Buckley and Glen Bradford
We believe that if you are planning on buying stocks by shooting fish in a barrel, the best barrel is U.S.-listed Chinese small-caps. Go get you're gun. It's been hunting season for more than a year. You really can't miss.
Sino Agro Foods (SIAF.PK): "Chinese agriculture is another thing I think is going to boom because it's such a wreck," said Jim Rogers. I agree with Jim wholeheartedly, and Sino Agro Foods is one of the companies taking advantage of the boom in agriculture in China. Based on its 2010 guidance, the company is trading at a forward price-to-earnings ratio of 4, which gives the company a very attractive valuation if it's able to meet its guidance.
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