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They don't have assets. It's proven already. Of course they would sell cattle, fertilizer or whatever fake assets if they had some. Of course Solomon would sell, get a nice tens of millions dividend.. BUT, instead he sells stock -95%+ discount. It is such HUGE EVIDENCE them not having anything, I can't believe some people still don't get it.
They are broke, they have no business and they have no assets.
That's why they dilute, that's why PPS goes down, that's why there's no loan. What would these guys even do with a loan? They are idiots. No business in this many years, they only focus scamming with dilution.
What dividend? No Siaf shares get it.
They are broke and dilute. It's a scam. Pointless to make some kind of nonsense science behind it. That's just promoting the scam. There is no assets and no money, it should be very clear by now. When a company dilutes it's the exact opposite of dividend paying.
If they had something in "Trw" they would have paid already.
I can't believe people fall for this nonsense.
Siaf, Trw it's all broke and worthless and claimed assets not really owned by shareholders.
That's why they dilute.
Heavy increase in OS next year, much heavier than this year. Because the share value will be much lower, probably reverse split is a must.
You gotta think do you want to be speculating these same things next year. The dilution will never stop, it's what they do.
When Solly gets too old, nobody will continue this. It's 100% his thing the building contracts for shares and whatever shady things he manages to do for his own personal interest and there's no real business or assets.
Come on give up. Scam is over.
Told ya, be street smart.
The stock market told you. Fake assets and locations told you. Having bad loans and no money told you. No harvests, no trucks told you. Dumb CEO told you. Dilution told you.
Don't put fingers in the ears and speak over with nonsense of the scam company. If you will.. ..you will lose your money.
Come on guys, it was sooooooo obvious.
A MASSIVE corporate event!
Siaf sold a shrimp and gave the profit to the shareholders!
And they didn't have to change corporate structure to do it!
Sorry, this will never happen, i'm afraid it's going to be lots of twists and turns with corporate structure and then it's going to be dilution and no shrimps sold like always.
It's a scam.
There's no business. Solomon is everything. Nobody will continue making up the stories when he is gone.
Be careful what you wish for if you still have stock.
Siaf owners should..
A. ...never have bought - bought anyway
B. ...sell ASAP - can not, frozen
C. ...stop listening to excuses and stories - still believe
Yes D is "owners" should sue.
But A+B+C= owners never get it done.
I took a few days off to let all the good folks here enjoy the PPS rise. As always the reality (and I ) return. You see there is no business, no money, no loan, no dividend, no future.
Now we just wait the next inevitable dilution which of course will happen soon.
I hope the most hard headed ones have bought a lot of stock and smart ones none.
Under $0,30 was supposed to happen already but the reports...
Some people still read them and the craziest thing is that some actually still believe them. Or maybe nobody believes, but some like to speculate.
So we adjust $0,29 date as late as last day of this month.
Great performance without any business, money or bank relations from this stock, hats off to that!
I don't know which hopes and dreams are causing the rally, but surely more stock will hit the market.
No business going on, dilution starts sooner or later, probably sooner.
$0,2x prices next week, 0,0 getting closer!
We are not that far anymore, the number of dilutions feels limited already!
Will there be a reverse split again to continue the scam (again)?
Is this going move towards 0,0 forever not reaching it, or will there be a full stop by the authorities?
This is the manipulation of the minds I've seen here always. NOK 17 to NOK 3. And much more before that. Always bad time to sell, but -80% in investment if didn't in 8 months.
So what's the next MEGA thing?
MEGA dilution coming up? =D I think so yes.
Past behavior is the best prediction for future behavior.
100% sure a forum member bought. =D
I remember somebody posting here that he actually did this kind of thing at the close, those shares must be at least 50% down. =D
Well, you've been warned, you had the experience... It's up to you then if you buy. Can't get the logic though. There's no money for dividends, they are broke and dilute instead giving dividend. It's pretty much the opposite.
People here have no idea how expensive it is. No business + dilution is negative. Trust issues, possible legal issues and downwards trend... It's very easy to lose money on this, absolutely no sign of things getting better in real life. Vice versa, it's getting worse.
It is just like i said when i came here: looks like hobby farming as front, no business and plenty of dilution. And a ton of other red flags too.
I've bet against Dutch and won. 80% down since i came here. And much more before that.
I find it hard to believe you would go all in, because of dilution, total lack of progress and trust. Filings, plans and reports have no credibility anymore, fast wins unlikely too. And you have the experience too, you got it wrong, it goes down more and more and more....
Nothing's changed, just gotten worse.
No shorts, company is diluting, lying and has no progress.
PPS is the logical result.
And it is very predictable that it will go further down.
Short squeeze from $17 to $0,35 hahaha.
Stop blaming others. The company has done this totally by itself, diluting and getting no real business going on.
Very very simple and very predictable.
It's not sad that the truth comes out.
This is a good thing. You will never ever get rich with this even if everything else but the positive lies here were allowed. No business, only dilution. Always going to go down.
90% down in one year. 15% today. One of the worst company and stock in the market.
I have been right, if you had believed me you would have saved a lot of money, assuming you own this and not just sell scam here for other reasons.
Always promise, never deliver.
This is how this chinese low level scam stock here is sold to unwary investors. Triggers, hopes and dreams. Real life is dilution and more dilution, after all these years Tony playing hobby farmer as front for the scam, might as well play with legos.
2% of the book value, revenue 25 times market cap is not "a good deal".
They are obvious signs of fraud.
Combined with dilution this is stock from hell.
Can never win with this, now after the report less than 10k dollars worth of this worthless stock have changed hands.
This is dead already, only handful of people living in their bubble thinking this will make them rich. No. It made them poor and continue to do so.
There's no 2% price of book value world, there's no revenue 25 times corporate value world, there's no dilution after dilution being broke anyway with hundreds of millions turnover and assets world.
0,45 cents going down today for sure.
Not because what the reports say, but because they are totally unbelievable not reflecting true state of affairs at the company.
There's no revenue. Everybody believing these reports have lost their money. The truth is they have no money, Tony is hobby farming and they pray for a loan they will not get.
No assets they can sell, no profits they can use.
Still the only business remaining is printing their own stock.
The Fabulous 270 million revenue for $10+ million company is exactly the BS is sounds like. These kind of things are not real, usually they are scams.
And all the dilution has already proven what this stock is.
Bid and ask 20% apart. =D
Siaf has had much bigger "results", all verified as lies. NO money, no progress, only dilution. Same will continue. Congratulations for what? It's down 95%++, it should recover hundreds of percents to recover really. And it won't because it's hobby farming front and 10000 year old scamster CEO doing dilution and excuses why they have no money or progress. When they release something about a "filing" or such unwary people might buy. Temporary plus day, friday we will be 0,35 and next week probably already more dilution and going for 0,2x numbers.
It's a low level chinese agricultural scam.
Solid fake assets, solid dilution, solid senile CEO. Solid no business.
Solid 95% down fall.
That's what's solid about Siaf.
Today is good day to sell. Long ago even better. As expected they can make small raises on PPS by publishing crap reports, that's what they do to boost their main business printing own shares. Penny stock, play wisely, don't hold.
If only you had sold!
First part of 2017 this was still over 3 dollars. Believed me then and say you would buy back the stock now. TEN TIMES more shares!!!
Imagine selling just three months ago. 3 TIMES more investment.
Of course no sense buying back Siaf stock but put into a serious company you could have had nice investment that rises in value and pays dividends.
Holding Siaf is a suicide mission, totally irrational because no business combined with dilution will always equal plummeting PPS.
"Trust yourself" (= deny reality?), buy and hold is very very bad advice, to take it is to lose money. This is a fact.
All major price drops because dilution. Company has done all this by itself. There's no mystery. They have no money, no income and make stock drop in value without other news.
You argue that share price is "wrong" and the reason is because you want to believe. Come on. There's real reasons. And I think all the negatives are not yet in the share price and this will go down.
Plummeting PPS is result of company performance.
Nothing gets done, no business, they have no money and they dilute. PPS goes down of course.
There's no "mystery plummeting" of share value. It's because of what they do and what they don't do.
Plummeting PPS is a strong evidence. It is for a reason and that reason is semi-illegal activities of company selling its own shares for whatever reason. Lack of progress, being broke and having only hobby farming are also very heavy real life evidence. They have nothing, only thing that is proven is that they sell shares diluting share holders value.
They are broke and done dilution, dilution and more dilution. Denial of the real world and turning the facts upside down is probably best for Siaf owners like how you do it.
It's crazy to claim there would be buy-backs, the company is specialized in the exact opposite.
Will there be slowing down of the dilution would be a relevant question. And the obvious answer is: no. There will be more dilution because they are more broke than ever.
Last chance has been for many years. Everybody has lost their money believing in that.