Replies to post #20018 on Sino Agro Food Inc (fka SIAF)

[treit2002]

SJ

The PEG distinction is usually applied to growth vs value. Growth vs. price is more a value metric.

But PEG is a valuation metric not just for growth companies, but also for ones that fit many other qualifying criteria. Don't you agree? If not, perhaps you can give a cash flow negative BB example. Perhaps we agree that one day SIAF will meet these criteria. But most clearly, today they do not. It is ludicrous to say this is a $34 stock. To say that it may become a $34 stock if it meets not only growth targets, but also maturity characteristics is quite another thing.


To say that PEG applies as a valuation metric to SIAF now is Quixotic, imho.

Of course, as I have been schooled by my learned friend RD that investing is about the future, in a couple years (less??), hopefully, PEG multiple will be right on.