Here's some comparisons that shows the value of GRO (Agria Corp).

A spammed one - share price today $5.51 (close)
EPS Normalized (MRFY) -0.28
Rev per share (TTM) 3.37
BV per share (MRQ) 1.57
Tangible BV per share (MRQ) 1.14
P/Tangible book (MRQ) 4.4x
Cash per share (MRQ) 1.02
Total Debt/Equity (MRQ) 0.50

GRO - share price today $2.98 (close)
EPS Normalized (MRFY) 0.39
Rev per share (TTM) 1.57
BV per share (MRQ) 4.26
Tangible BV per share (MRQ) 3.36
P/Tangible book (MRQ) 0.8x
Cash per share (MRQ) 2.76
Total Debt/Equity (MRQ) 0.00

Using 1 metric price to tangible book if this were GRO the stock price
would be $13.11.

Another Chinese stock (though in a different field)Won't mention the
ticker with respect to GRO shareholders.

close today $22.70
EPS Normalized (MRFY) 0.48
Rev per share (TTM) 2.15
BV per share (MRQ) 5.43
Tangible BV per share (MRQ) 5.30
P/Tangible book (MRQ) 4.0x
Cash per share (MRQ) 2.44
Total Debt/Equity (MRQ) 0.50

GRO equivalent $11.92

Another - closing price today $11.98
EPS Normalized (MRFY) 0.94
Rev per share (TTM) 7.52
BV per share (MRQ) 4.85
Tangible BV per share (MRQ) 4.06
P/Tangible book (MRQ) 2.9x
Cash per share (MRQ) 3.82
Total Debt/Equity (MRQ) 0.20

GRO equivalent $8.64

If you look through the fundamentals of other companies you'll see the
same story over and over. Agria Corp (GRO) is a pure value play,
selling less than book value, at cash in bank, no debt and shows all
the intentions and ability to grow rapidly. If a person were to hold
GRO for a longer term this stock has all the earmarks of a 5 bagger or
more. That's how I see it, just buy some and sit on it until it
hatches.

I first buy this stock in april at $ 0.78 and sold it 2 days after
with a gain over 30 %.
Of course at that time I did not know that the stock would have
reached $ 3.50..

I think that the reason that this stock is still so cheap is because
of the claim they had and then the fact that they never published any
news on their financial system since then.

But when you look at their fundamentals, no need to be an expert to
see that GRO is really (but really) undervalued.

After the good news with PPG, there is no doubt that this stock should
reach higher price in the coming weeks..

So I will be really patient this time and wait for it.
I am just suprized that on Thursday the stock gained only 20 pct after
this great news..

The low volume over the last few months probably has something to do
with that. As the word spreads the price should rise in a standard
pattern. After all the time with a depressed stock price there are a
lot of people taking profits and those moving out at what they feel is
an opportune time. This is normal. Value stocks are what they are,
worth more than the selling price at the moment. Still, 20% Friday and
13% today are very, very good increases. Time tells all things and the
Agriculture business is not going away. Agria is growing very well and
made a smart move with this business decision. I'm confident the value
is increasing even as the price is .
On Oct 19, 11:56 pm, Tradermengen <tradermen...@gmail.com> wrote: