Replies to post #20022 on Sino Agro Food Inc (fka SIAF)

[treit2002]

But you cannot name one BB company that it applies to, nor one cash flow negative company, let alone both. Yes, it's a metric, but just one of a hundred.

It is a metric: so is most anything. You could apply the second derivative PEG if you wanted. That's the rate of growth times the growth times the earnings so that SIAF is now worth 200 or 300.

But it's worthless.

Saying that SIAF is a $34 stock is the same as saying you're a multi-millionaire because you own 60,000 shares (coincidence that 60,000 x $34 = $2M??)

But you're not. You have $40,000 worth of SIAF shares.

Try spending your $2M.

We probably agree that SIAF deserves multiple expansion, and is emminently more likely to be recognized WHEN and as it meets its objectives -- all of which are now regarded somewhat righfully as conjectural -- including dual listing, high growth, cash flow positive, "cash rich," and spin outs.