Regarding these comparables to SIAF on First North, beyond eps, what are the companies' cash balances and cash flows?
Surely, SIAF's eps multiple will be depressed by these until it bolsters each.
OTOH, their multiple to book value may compare favorably; as certainly growth rate will.
Hopefully the new Sweden IR rep will deal directly by phone with funds and retail investors, answering questions forthrightly -- not defensively nor with pablum -- actually promoting the company, particularly its past and projected growth rates.
Perhaps IR functions will mature as the company does: professional presentation materials, road shows, updated web site, etc.
And, of course, the company must have better snswers and policies for financing.