Replies to post #30812 on Sino Agro Food Inc (fka SIAF)

[weeblewobble09]

Tempting to take profits but this is what we've been waiting for. It ran to $1.05 before. With FN coming it could go up in a straight line until $2. I think $2 will be the first real test.

[tomatotom]

I expect Punch 3 to be the release of the quarterly report before the FN listing, not after. The reason being that the trailing twelve month earnings will be higher than now. This is important because one way for the individual to do a quick evaluation of a stock as being overvalued or undervalued is to multiply the TTM number by the anticipated PE multiple to get an estimation of a fair market share value. Example: TTM = .65 and anticipated PE = 10 would result in an estimated fair value of $6.50.

On another topic, that article about the environmental disaster in China makes one thing crystal clear. SIAF has to insure the water supply for all of its operations remains uncontaminated or the whole "organic" branding will fail.

[slyestjester]

Yes, it's definitely premeditated on Solomon's part, especially when we find that the financing shares are finished at just the moment his communication comes out. There would not be that finesse there otherwise.

What's different about the current rise over the other two you cite is that so far it has been more rapid, i.e., happened in fewer days. Perhaps that's a measure of the power behind it. Although it may stall out for a while, personally I can see no reason why it would completely peter out for some weeks or months.