Sweden exchange PE (Food) 10-15 with PEG 1.2 SIAF is at .019
The Chinese success story of Sino Agro Food (Siaf) that currently trades on the Nasdaq OTC: BB may well be admitted to trading in Sweden. There are several reasons for this, but in our opinion, the strongest contributor named Nisse Sandberg, the man behind the Jordan Fund.
Jordan Fund in February 2012 conducted a survey of the ownership in that company, and it turns out that no less than 35 percent of common shares, about 21 million, is owned by investors domicila in Sweden. In addition, the company's CEO owns 7 million preferred shares.
One of the reasons why such a large stake in Sino Agro Food in Sweden is that Jordan Fund regularly writes about and follows the company. Jordan Fund is also one of the main reasons why the Canadian SEMAFO, exploring for and extracting gold from West Africa, chose Stockholm for its European listing.
Sino Agro Food - diversified agriculture in China
Sino Agro Food - one step closer to the stock market