Yet another Chinese fraud, what a surprise. So hard to see this coming after all those promises that never materialized for whatnot... and ofc while shareholders got diluted to hell all the way. Such an unusual scheme lol.

When is the $100 party? Can I hop in if I buy 1 SIAF share?

I dont trade much atm as I usually trade via options and this market is brutal. You can be very right and yet not make money via IV crush.
Those small caps I meant big board small caps like a few billions of market cap. Heavy growth companies, usually tech, I like eg AYX a lot.

RD, if you put such an effort into analyzing US small to mid cap growth companies, you could really make nice money. Why do you waste so much time in China land that will never produce anything is beyond me. Just wondering.

Some of you will be obviously believers till the end of days. There is NO Chinese stock worth investing. Zero, nada. You can trade them but treat them as a vehicle, not an investment. China = fraud. Even those big comps have very shady accounting practices already seen in their filings, let alone whats hidden and not known.

Guys how on earth can anyone be surprised with this is beyond me. This stock is worthless, shareholders wont see a s*it from this. Only more and more dilution, more promises and the same lala stories of how you are gonna be rich in case you keep waiting.

Sell the stock, buy the book "Poorly made in China" by Midler with that money this stock has left for you and at least get some knowledge/experience for the rest of your life. There is nothing this company can offer you.

Yes, share count will go down dramatically, I agree.

Another reverse split coming.

Thats nice, in two weeks Solly is some 150k USD richer again

See? Someone is actually making money on this investment

Dividends? You mean those 3.6 cents that took eternity to pay and in the meantime they had to dilute the hell out of shareholders for it? Or that 1 cent or what some time before? Yeah that changes the atmosphere indeed. Btw the stock is not even worth those 3.6 cents presplit now… go figure.

Ok then. If you feel you are right, then allright. Good luck with your investment

Sure, numbers in earnings are real because you have validated it from your desktop

Ofc course they are. Same as in tens, maybe hundreds of Chinese stocks, nothing new. Even BABA has some very shady stuff in financials. That is China, I dont know how anyone can be or act surprised.

RD, when will you understand that basically all you study about this company is totally going through made-up numbers having no meaning for shareholders...

Hey, dividend, spinoff and big development on the way, right? This stock just got cheaper, stupid shorts gonna pay up!

They have a plan… for years. Dump shares as long as there is still some bid.

Jordan fund totally nailed this one Fancy roads and analysis and they were easily scammed like everyone else from the computer screen, haha.

That 0 looks like a good support, though.

Maybe he is right and you are wrong… price would suggest that

It has been clear for long time already that this is a worthless POS company. Some just dont want to accept reality and will sadly lose it all. Otoh, they ignore everything and I guess there are always bagholders to 0 so they just get what they deserve.

Yes, this stock is short on offer LOL. Come on, RD.

This is so funny

What I find unbelivable is that some STILL BELIEVE. Even after all those years of dilution, broken promises and obvious scam behaviour. Hard to understand.

If you trust the company… your choice

Sure company has massive profits while they dilute at 36 cents… makes sense.

Im afraid Solomon is not really financially sound guy. The only thing he sees is that his company being on stock market is good to use the stock as a currency and pay with shares for everything. Thats about it imho.

Paying out a dividend while dilution is not paying out a dividend, end of story.

How many times have I heard "they just need to settle the old debt", otherwise its end of dilution… same crap for years, come on, be real. These guys NEVER stop.

(one of the best jokes I have ever heard)

If you dilute for it its not a dividend. If they pay dividend AND dont dilute, yes thats different big time.


If you dont see the difference… hey I will set up a company that dilutes for $10M per year and will pay $5M in total dividends at the same time. Acc to you everyone will be happy

I wouldnt underestimate Solly... he is overachiever in O/S for sure. Maybe even before end of 2018? 100M O/S party coming either way

5M dumped over last 2 months and yet some people believe here some fairy tales about dividends… so funny

And of course they will raise it again… like always

Because they know well that the only way SIAF can make you rich(er) is to be on the payroll

Turnaround, more promises, yeah… 8 years and you still put this blind faith into them… well good luck with this attitude.

LOL what has this company created for shareholders in last 8 years? Just believing the same people will change is pretty much the definition of desperacy of longterm shareholders.

Your almost every day scheme for last years… just getting intensified as we fall hence they need to sell higher volumes.

Assets? You can put any price tag on that. Its mostly tricky in normal countries. In China? Means nothing, zero. Actually price tag of assets in China at zero is the right price for shareholders. History speaks clearly and loudly.

Haha… "considering the size of SIAF". The company has tiny market cap of what, 0,35*40, roughly 14M USD plus minus. Down from like 15x of that. Thats indeed good to have CEO with that salary and compensation. Totally in place and normal, no ripoff to shareholders

I would call it pretty standard for SIAF

TF, it was a classic pump and dump with obvious frontrunning. Someone knew again about this "news", actually someone (dont remember who) was hinting something was coming. This company is toast and this bump up is the same as many times before imho.