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Ecuador

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Ecuador

Re: hyperboy262626 post# 7364

Sunday, 11/13/2011 7:38:46 AM

Sunday, November 13, 2011 7:38:46 AM

Post# of 163719
Shangdong is trading at a mainland exchange, not HKEX. Shangdong and 5 other mainland exchange peers all trade around P/E 40.

Those valuations at HKEX do not exist.

Thus, making assumptions on valuation using shangdong and other mainland comps is not realistic.

Most SIAF peers on HKEX trade around PE 10.
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