So down well over 80 % since then. Still mighty position.

Hes been advising to sell since very high levels... 10 bucks? Maybe even higher. Get real.

Nothing of value for investors. One time dividend that we had to wait for over a year or so, paid by dilution.

The rest has been discussed... read again about those Chinese fraud schemes, it included way more "bullet proof" things than SIAF, yet it was all fraud.

We move in circles. Nothing of you mention is of any use for shareholders. Banks/auditors in China? Again, read about 2010/2011 China fraud wave, this means nothing.
The company does nothing for shareholders, hence the stock is worthless for them.

I would agree with you under one condition... if it was real But its not. Going to 0 imho.

From 63 cents to 17 bucks its only.... about 2700 % to go.

Shareholders were (maybe some still are) happy as it prevented a hostile takeover

Exactly, agree.

Yep regular cash dividend would be something, probably a game changer and I would be shocked. Not sure I would buy it, would depend on many other things. But I would consider it, yes.

Hey, I was a shareholders for long years and also lost some money on this. And much more on other Chinese scam. So no idea what you are going for.

But in reality, yes I want this Solomon scam burn in hell and go to zero with no volume. That is what he deserves. Ofc he would deserve way worse for robbing tens of millions via dilution but lets be real...

Working hard every day while never delivering anything meaningful over 7 years while the stock plunged 96 % from the top. I would start to think they are either totally incompetent or they dont really try Either way, again, worthless stock for shareholders.

Oh we are back to the carrots... ok then.

Company doing nothing tells you clearly that they dont have anything they claim...

And in theory, even if they have (which I doubt)... whats it good for? PPS dropping like a rock anyway and company doing nothing.

Either way, worthless company for shareholders then.

And hoping for a change after 7+ years of the same is simply reality denial.

Now we are talking real stuff here

Well many others and I had offered you some reasons for the declining PPS but you dont want to accept that scenario... so you are left with no explanation Maybe at 0 you will accept our theory.

I have been like this for years already. If you believe them then its fine. Just use some reasonable investing strategy that allows you to lose it all.

I dont believe them for a long time and think its another Chinese company out there to suck away money from shareholders. And no, I dont say that the company has nothing. They have the property, I would believe so. Its just of absolutely no value for shareholders as they wont see a penny from it.

Oh the fact they can keep going and sell shares is great. Normally it wouldnt be possible to keep for years but convincing Jordan Fund boys made this a completely different and long-living scheme. Also, with 100M fake loan you could really get into troubles, even in China. But this way? What they have done wrong? "Just" having incompetent management that cannot invest right and just burned through tens of millions USD from dilution....

I think you start on the wrong basis that audited results and banks stuff are real. They are not.

Yes, assets are there but I have always said they are worthless for shareholders. Anything based in China is worthless for foreigners.

Have you ever read about Chinese frauds? Like RINO, CCME, NEP and others?

Because it seems like you havent. And you may repeat the same mistakes as investors including myself did back in 2010/2011. Which is a pity.

Have your tried looking it from the other side, from the fraud perspective? I know you dont believe it, ok, fair enough... but just try to imagine the other side and listen to those telling you its fraud and think about it.

The company is empty anyway.

Still such a naivity... going to China and be surprised of nicely set-up fraud is... more than naive. You think those billions lost in frauds of massive scale werent good looking?

Not at all, it will just keep falling at the steady pace as it has been since 2015 top at $17.43. Only down over 96 % of ATH during general massive bull market, nothing to see. All is good here.

Haha pocket change. Believe me, this company has nothing.

This company has no money and cannot pay anything.

I wouldnt be so sure about those collateral shares. Its SIAF and Solomon we talk about

China space is doing very well, bad are just those junk stocks you follow. Check FXI, skyrocketting all the time. And to your surprise there are way more informed people than you in the space. They just dont waste time on obvious fraud stocks imho.

That said, I think even big stocks like BABA or BIDU are partly scamming their numbers... there are even serious hints about it. But ofc that is something Chinese gov has to cover and cant allow to spread. And after all, who wants another stock market crisis, right

I remember Solly saying, after 3rd or 4th A/S raise, that the 180-200M limit should be enough. Hey, a few years later, we are at 310M original shares and counting What a surprise!

I have lived my Chinese scams that cost me a lot of money and I hate seeing being more people sucked in by those fraudulent CEOs. So to your surprise its just honest and care about others.

Its pity that some people still refuse to believe that.

Earning money... well I seriously doubt that as I dont trust their numbers but ok. Lets imagine its true. What is it good for here? What is the shareholders gain on it? Where and how will they see it? Those are the key questions if you believe in the profits. And answers are - they are worthless, shareholders gain sh*t (why are they even diluted when the company is doing so great, huh?) and they will never see anything.

Its not about not only believing Solomon who never acchieved anything but dilution (seriously how can anyone trust him at this point is beyond me), add its a Chinese company with some unanswered questions and on top of it... even if they make money and are great, which Chinese company ever returned money to shareholders in mass and regularly. Even companies like BABA are run in a shaddy way and some speculate they inflate numbers heavily. China = no investment, no trust. Really open your eyes.

Ofc not, how could it. Ofc is helps companies reporting in USD but very mostly it means higher costs for them as weakening USD usually sparks commodity rally too. Plus bonds are usually sold off too, making refinancing more expensive.

You look on one side - as a EU investor you might buy it cheaper but gains are eaten up by losing USD value too. Its nice what you talk about but you see just one side of the same coin. Take profits and transfer it back... and you find out you lose on conversion the same what you gained on the stock. This is a 0 sum game. If anything, investors usually buy stocks in STRENGHTENING currency economy as they shuffle money there and look where to park it (usually its bonds, though). And dont need to worry about loss in currency when going back.

I can think of tons of reasons why DJIA is at 26k but surely its not because of weak USD But not a point of this discussion.

A real company would have been slamming market with buyback long time ago... but this company is not real, its a Chinese scam and they dont give a s... about shareholders. All they want is money from the market, nothing else. And btw trusting any Chinese company is a big, big mistake. They are all the same, including BABA and others. Very shady things going on in each of them.

You cannot include any forex stuff into it, company has no control over that. Either way, this company is almost wortless... only the "almost" left to get to the real price of this junk lead by dilutive scam CEO - road to zero.

Welcome to regular OTC reality. 9 cents presplit, hmm... quite a success. Btw hyperboy still getting more people in? Dont follow it regularly here anymore as its a toast company and result is known of this story.

Yep, "yet another explanation." That will surely help. Get real, no words can help this stock, this has been the topic for 7+ years and nothing ever came. CEO is just another Chinese scam to dilute shareholders, deal with it.

Same stuff for years, its the way Solomon does business

Time to downgrade this stock to junk

Absolutely, these cheapies are hard to get

Never, they dont care about shareholders. Sure they might face the reality that dumping is no longer so easy due to share price but another R/S will solve that.

SIAF diluted to pay a deferred dividend a year and a half later. Stellar.

Sure, I am the dreamer here. If you still believe in the CEO and the company after last years then ok.

SIAF dividend or buyback... will you guys ever wake up from this dream?

Really? You are not kidding? You mean this? Unbelivable, just nuts. You have learned nothing over the last 7-8 years?