Replies to post #7364 on Sino Agro Food Inc (fka SIAF)

[Emilez]

Wouldn't complain about SIAF at $44 per share.

I wonder which is the better idea, to list SIAF as a whole in Hong Kong and keep the subsidiaries fully owned, or to spin them out.

Feels a but of a waste to sell the companies to foreigners. If he's going to spin them out, why not spin them out directly to the current shareholders. But I guess they'd need to get some big firm to promote the shares or something I don't know...

[jay_lim]

Will this end up with the subsidiaries listed in HK Stk Exchange at $44 per share but SIAF still in the US Stk Exchange at minimal price? How will the subsidiaries stock price in a foreign exchange help SIAF in the US Stock exchange? Is this the arbitrage process that I saw another investor posted for dual listing in Sweden and US? Or something different?

[Ecuador]

Shangdong is trading at a mainland exchange, not HKEX. Shangdong and 5 other mainland exchange peers all trade around P/E 40.

Those valuations at HKEX do not exist.

Thus, making assumptions on valuation using shangdong and other mainland comps is not realistic.

Most SIAF peers on HKEX trade around PE 10.