RE:Negative P/EAt this point, it doesn't bother me... I'm looking at cashflow from operations as a more meaningful metric.
Most of the negative P/E is a result of non-cash depreciation related to recent asset purchases.
The company is cashflow positive after non-cash items like depreciation are factored out of the equation.
As long as SVI is able to achieve reasonable rental income from its purchases (i.e. positive cashflows), then the non-cash depreciation is more or less irrelevant.
If cashflows start to decrease, then that's the time to start worrying.
Just my thoughts