JF
SINO AGRO FOOD, which in two days, the gloss-bombed by the U.S. "naked-shorts" swung up towards the end again. Actually it is just to thank the New Year when the sale of quality is present already two weeks before Christmas. The company just keeps getting more valuable every day and all benchmarks are themselves fully. The company was just here and all the Swedes (almost) had a chance to listen.
The company earned 13 cents in 2009 (one cent utd), 2010, the forecast is holding at 29 cents (2.3 cents dividend?), In 2011, the company's conservative forecast 49 cents (dividend approximately 4 cents) and the following year should be over resuktatet 75 cents per share. The company is currently tax free in China because of the way it carries on agriculture.
Today, the shares were down to 115 cents = of 2011 projected profit will be P / E of 2.35.
As soon as the company crossed the SEC in the United States (document submitted 2 months ago) awaiting promotion to the big Nasdaq or ASE, and then funds and large investors act - which the Court today can not do. When should the P / E might be at 80-10 - so upgrading the course objectives can be right-handed.
What to buy when it's cheap (instead of complaining about low rate) should be obvious. The same (exact) force for SEMAFO 2008 when the price went 130-75 cents. All complained instead to stock up as much as you languished, as JF did and added golvvet to a decent management. Today's course two years later almost exactly CAD 13th A rise of one does not see too often in a heavy paper.
