Replies to post #34200 on Sino Agro Food Inc (fka SIAF)

[The Swede]

Anything trading PE sub 1 is enough to draw attention. I have lots of friend who put their money in to China Funds, and they have no clue about the fraud stigma the US markets has.

[snow]

Noloss

Why did you buy almost half a million shares in SIAF?

[Traderfan]

Ok, and what would the incentive to invest in SIAF be? The phenomenal PPS development sofar, following their extremely good development of the business? The confidence in ten management daily exposed on this forum? Or what, just give me a hint of what you think would trigger the average investor to risk his/her money instead of going for Volvo, Scalia, H&M and similar. Give me just one, and I will surrender.....for a while

Your comparison is kinda "wrong" IMO. Nobody ever said that anybody in Sweden who thinks about investing in Volvo will ever go with SIAF instead. These are 2 different worlds. We are not hoping to get blue chip investors into SIAF.

I guess also in Sweden there is a certain amount of people who are open to some risky stuff with lot's of potential for part of their portfolio. This is our target audience, not potential Volvo shareholders.

As to your question what reasons are there to invest. Well nothing except that the stock is about the cheapest growth stock out there ever at this moment in time. Now people only have to determine for themselves whether they believe in the numbers or not. Nothing wrong with putting 2-3% of your portfolio in such a stock IMO, afterall besides all the negative stuff that happened in the last 18 months, it's still one of the best shots in this sector IMO.