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snow

02/28/11 11:26 AM

#5185 RE: treit2002 #5184

treit


Almost all the Chinese microcaps are extremely cheap from a normal point of view. I bellieve the average p/e ration in Chine itself is about 18 after having been a lot higher in the past. I don't know what is the average growth rate but I would guess it is not more than a third of that of SIAF. It is thus quite possible that the Chinese microcaps may get a more normal rating in a couple of years. A p/e ratio of let's say 15 does not look impossible in a couple of years. Then SIAF will presumably have uplisted to AMEX or NASDAQ. In three years a stock price above 20 dollars is a distinct possibility if the fisheries business is successful.
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Strindberg

02/28/11 3:37 PM

#5189 RE: treit2002 #5184

If we get a dual listing I don´t think that p/e ratio will be as low as 8. But I don´t think we will see a peg ratio of 1.
I guess that the p/e ratio will be 15-20 a year after the dual listing. I guess that the majority of the free shares will be owned by Swedes after the dual listing.