Replies to post #6605 on Sino Agro Food Inc (fka SIAF)

[snow]

treit

The problem is that there are lots of Chinese microcaps thst are extremely cheap. Some of them trade at p/e ratios of less than one. One of the cheapest is Csol which has received a very big contract and is trading at about 25 cents whereas projected earnings next year is in the range of $ 1.5, which is also the number for net assets per share. LPH is trading at a prospective p/e ratio of about one, CKGT is trading at a prospective p/e ratio of less than one. The same goes for WKBT. Why should SIAF be trading at a much higher p/e ratio than the above companies?

[jay_lim]

Anyone knows how the August month is performing? this should be indicative whether the remainder of the huge goal in H2'11 is achievable.