Sino Agro Food Inc (fka SIAF)

[HighYield1]

I found a recent Stock report on SIAF. It is not a research report with a recomendation, just an update after the Q1 numbers. However, the report includes some comparisons With peer companies. One of these companies in the comparison also look extremely cheap, With a PE below 1. The name of the Company is YaSheng Group (ticker,HERB). But when looking at the numbers, it looks very much like a fraud. All profits end up as increased Inventory in the balance sheet, and the Q1/Q1 comparison look strange (copy paste). Any of you, looked at this Company before?



http://solutions.standardandpoors.com/NASApp/WS/EntryServlet?pc=IVS&tracking=IVSSINO_AGRO_FOOD_INC&auth=user&pagename=encrStockReportPDF&company=241064212166241180158080232065180111204068075190