Replies to post #17625 on Sino Agro Food Inc (fka SIAF)

[The Swede]

It's really hard to value agriculture companies based on assets since most of the assets are land, and even harder when they are not operating in the same country.


Trigon Agri and Black earth Farming had good investment idea, but it hasn't been succesfull at all, and wont be either (trading at PE287 and PE-4,93, compared with siaf PE1). And they are investing in Russia, I wouldn't touch any company investing in Russia with a stick. And why would you like to compare Feelgood with SIAF? Feelgood is a health company!

[stolpen]

No notting are comparable with thoose you mentioned none of them do that well to start with, black earth had problems along time and feelgood are a joke without the extraordinary stuff they hardly earn money at all.
And theres another problem if you dont have time to do your DD you should probably stay clear or it will get expensive, that said read this and you might have some help with alot of the stuff.
Regards.

http://www.redeye.se/aktiebloggen/asiatisk-matkonsumption-en-lang-trend