Replies to post #5183 on Sino Agro Food Inc (fka SIAF)

[treit2002]

Snow,

By your logic the stock would be 18 now. I'm happy to wait a "few" years.

The whole space is so tainted by a few bad apples and general mistrust that most companies are selling at low-mid single digit p/e multiples despite gaudy growth rates.

As the bad apples are weeded out; more credible auditors hired, continued quarters of growth are recorded; pr firms are hired; road shows are attended; perhaps a multiple listing or a few, the multiples should move up.

I'd be absolutely delighted with a p/e of 8 in 2013 on earnings of $1.50. Let's see the space start getting any modicum of respect before even bringing up PEG ratios.

[Florinda]

Hi Snow, Whoazzza! $30 a share! In our lifetime?! I'm terrible with numbers actually so I don't have a price target in mind. But I really like what I've seen and heard, like the multiple sectors SIAF is working in, like the extraordinary growth potential, am very pleased to have a sharp IR team that both works closely with management and, like us investors, truly has a vested interest in the company doing well, and, finally, I like what I've seen of management, their willingness to communicate with investors, their intelligence and savvy. I can't say all this for any other stock we own. Hence, it's our largest position.

I look forward to the discussions we'll have when this stock matures. It must be exhilarating for management to see their long standing dreams unfold and manifest in the world. Anyway, thanks a lot for your thoughts on growth and what that might translate into in terms of share price. We'll see.

Steve