Replies to post #10941 on Sino Agro Food Inc (fka SIAF)

[jan4]

As I was reading your message addressed to me, I had the feeling that a clarification was justified.
Glad to read your sportive and positive reaction

[treit2002]

HB,

I don't really have a price target. You can justify anything you want.

I do know that huge numbers, enough to make relatively small holders rich are possible; therefore, SIAF is a good speculation, even with the most skeptical view. As they meet targets and separate themselves from the small Chinese US listed microcap space, skepticism becomes less warranted, and fantasy share price targets become less speculative.

I just want to see two parallel trajectories:

1) higher earnings
2) higher multiple

$50M BB companies (let alone Chinese) are not valued by PEG ratios, but $250M - $500M full NASDAQ, dual listed companies should get a whole lot closer, especially if the fraud stain has dissipated.

All of this is a matter of the company doing what it says it will. It only makes sense that as they've met past promises, future projections are more credible. And pretty much, they have.