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It's the same scam. Of course it's the same people. TRW was set up by Solly as desk drawer company, part 2 of the Siaf scam. Because he knew days are numbered for stock printing under Siaf name. It's going towards zero. He can't do reverse split again and needs to clear the name.
He tries to puff hot air value back to TRW that Siaf had before. Tries to market it as something new, basically using same aquafarms as before. And then do the dilution round all over again. They are Malaysian Chinese, "Indian guy" is Malaysian for sure.
Investors are not learning. Investors reap what has been sown.
They do their job and sell shares, they are fine.
Are they megafields? =D
Just as i tried to point out how they work... ...always.. ...you're swallowing the next bait.. Sigh...
This is just a distraction to investors to make them think something is happening. Even if it's silly.
They should sell everything else except aquaculture if they were a real company to get tons of money and develop "megafarm". They own nothing they can't do that. Same goes with these fruit trees, just crazy stuff in portfolio to lure some investors buy some shares they just printed.
This applies to everything, it's what they do. Also the aquafarms are just a front no business. That's why they get no bank loans, that's why they don't have money, that's why they dilute, that's why Tony is only hobby farming, that's why they don't care about the share price, that's why investors lose their money.
It is quite simple operation to understand if you let common sense in.
There's no P/B 0,015 companies in the real world.
Actually he is wasting your money.
This silly nonsense idea of the schizophrenic broke diluting company planting fruit trees and buying the seedlings with dilution money is just ridiculous.
Of course they don't do that really. The real idea is just to keep you guys talking about something, keep you thinking that something actually happens there, even if it's silly.
And while you are doing that, he will dilute you. There you lost the money.
There's only one thing that is sillier than laying out plans buying fruit tree seedlings with dilution money. That is to own the stock of that company doing that and let them dilute it and hold the stock.
That's not fruit tree stuff, that's fruit cake level stuff.
It's all low hanging fruits they present.
Huge book value, huge profits, huge trw cash dividend, huge trw share dividend, huge cash dividend, everything is mega, megaloan, megafarm, megadeals...
You have to recognize the pattern how they operate. They promise mega things but shareholders get dilution.
Which one of those things above have materialized to benefit shareholders?
Exactly. None.
Why some people call this a scam, go figure...
Lesson about low hanging fruits.
No dividend yet of any kind since this message from a bit over year ago. And the share price is down -85,49% since then, checked with Siaf calculator.
Just a reminder how the real world and low hanging fruits go together.
Gonna go again for the same fruit?
And no dividend for sure, these are also the "revitalizing operations" that are supposed to give the cash flow for the dividend. =D
It is utter madness indeed.
If somebody believes in this fruit tree business I'd say it's time to get head checked thoroughly.
And when they make stories like this you can bet everything else is just as ting-tong as this, 790 million unsellable assets in diluting story-teller's command yep right surely they exist, cow dung fertilizer inventory more valuable than whole company market value etc. The stories they make are just getting more and more absurd, the scamming is getting totally oblivious to is it believable or not.
It's getting already from absurd to childish level in its own madness.
Indeed, the way to go is to go after the persons responsible. Not companies, entities etc. Solly has personally charmed even many of the forum's worst Siaf fanboys. It's funny but true.
Personally flown to Sweden to charm them. The companies are broke empty shells, but the man himself surely has most of the millions he has scammed over the years saved/invested in real things.
Tony is hobby farming there only as he always has. There's nothing commercial level happening in real life, never has.
They present the same inactive aquafarm and other locations on web and on paper attach huge numbers to them. Sometimes even give a tour on site.
Then they print and sell stock to people who might believe half of it.
That's all.
There's no issues to be solved, the issues are excuses why they don't have money when shareholders come asking for it.
There will never be an upside anymore, it's an exposed scam.
No business, only dilution.
If you want to know how things are in real life here you have it.
This will explain everything that is boggling your mind but I'm sure you want an alternative truth where your stock can go up.
In real life it can't go up because there's no business and only dilution.
But if you want to believe in the fruit trees it's your choice.
Financially it's not wise, this will come down significantly more, trust me.
Fruit trees, fruits of dilution and fruit cake investors.
Siaf will keep on printing, there will be no dividend of course and share price will keep falling.
Their CC was in line with everything they do, big numbers and promises, but then when something should happen NOW, something should be paid NOW...
...it's obstacles and this other loan which is problem and excuses and more excuses...
Fruit trees in the year of earth dog with heavy dilution, that's the recipe to continued disaster!
No dividend.
They will "arrange" things related to it in Q4, "announce" once again (something) in Q4, and they made it dependent of cash flow so they can bail out.
Just trying to manipulate share price with the POSSIBILITY of a dividend.
These people are the best in scamming, no shame at all.
What team would you gather then? Less than 99% losses guaranteed investing service on shady China stocks? Motto: "Always believe".
I would do that quickly though, that less than 99% is pending and might change.
I spotted this with just common sense and being good judge of character. Siaf is probably the most obvious scam in the stock market at this moment. 30 minutes looking at their claimed assets and profits, looking at the pics they publish, the dilution, no results aquafarming, the half-witted ramblings of the CEO = case closed it's a scam.
After that EVERYTHING that has happened has supported my first impression.
Soooo scammy with everything it's hilarious. All promises betrayed, never any money, always dilution.
I'm sure there's some demanding cases, more clever stuff that needs an expert to see is it real or not, but really this one is for the dummies.
TRW is the same scam. They plan to move on it when nobody believes in Siaf anymore, but Solly overestimated himself. He cant get that fake value listed to HK, everybody knows his stuff already.
Come on guys. Same reports, same conference calls, same dilution, same value loss, same betrayal of promises.
You have to grow adult stop believing in these these P/B 0,015 hidden gem ferry tails. It's just a scam. How many times they need to let you down before you believe? 100 times and share price at $0,01 it occurs to you this might just be a scam?
Everything makes perfect sense this being just a scam. Nothing makes sense if you assume this is a decent aquaculture and whatnot farming company.
It's just so silly it's not even funny anymore.
Your blinded by the numbers because they have no shame lying really big. "It's so cheap, even if it's not all true..."
That's what they want you to think!
Summary: No dividend. No stopping of dilution. No loan. Old loans unpaid only 6 millions but they struggle.
Tony plays with shrimps trying to get something commercial level happening with nitrite, bacterial and no proper gear problems and Solly hopes the fake dividend "policy" they "aim to pay" from cash flow that will "come from the revitalizing measures" will keep the share price artificially up.
What a joke.
But they plan to start with fruit trees! =D
Haha, of course. Did he really even have to say that?
And because of some obstacles, trw will decide if they can pay cash dividend, maybe not. LOLOLOLOL. 0% chance.
But maybe worthless paper will be given to siaf owners in relation 1:3, 4:3 or 5:10! Doesn't matter, it's worth $0. =D
This is why i follow this company, so funny.
Haha 6 million loan and "other obligations", hoping to be able to pay next summer maybe. BUT they will "start arranging" dividend during Q4 and pay it from cash flow because revitalizing actions will produce it LOLOLOLOL. It's the DIVIDEND POLICY that is not binding they hope to start when the cash flow is ok.
=D
It was about 5 seconds, right in the beginning. LOL =D
They didn't have proper biological filtration to start with, got nitrite spike and bacterial problems right at the start. Had to add UV-C sterilization and filter bacteria from commercial products (probiotics) to cope with the situation. Or perhaps antibiotics?
Probiotic wasn't named, contents unknown.
Tanks needed daily siphoning meaning water change. Not efficient in saving water and labor demanding.
It was a "preliminary trial", not published in scientific literature, made to look like scientific article though, but published only on Siaf webpage.
The megafarmers sure have a million miles to go before they can produce what they have claimed to have produced in their reports. This doesn't sound like groundbreaking technique or results, it's trial and error and fixing problems as they go with mediocre results and not efficient by any means.
You will hear about intentions and plans, dividend planned for later, sorry no exact date. Trw share distribution pushing very hard but no exact date. Trying to stop dilution, no exact date when they stop.
Maybe something uplifting and beneficial for the shareholders, but no date, nothing will happen now.
Megatons, millions and big plans for future that you will probably hear.
Things that try to float the price from going under that require nothing in real life right now.
Capable of nothing but to promise. And every time the promise is broken.
Not because they are lazy, not because they are reckless. Not because they are stupid.
The simple fact is just that it is a scam, they don't have the assets and businesses they claim to have. The only way to make a buck is to keep up the appearances and the figures so that someone buys shares.
And that leads to dilution.
-97% down, who still doesn't get it?
What on earth are you talking about?
I came here at NOK 17 a year ago.
I predicted it will go down.
Now after a year it's NOK 2,50.
I was right.
No value investor should have touched this.
Where do you get NOK 34? That's just a fantasy and has nothing to do with reality. If you predicted it will go up to NOK 34 from NOK 17, you were horribly wrong.
I have told a thousand arguments. One of he first red flags when i looked into this was Solly traveling to Sweden luring investors. Meeting regular Swedish meatballs. That's not what a multi-hundred million farming empire CEO from China does. We have not seen any customers but these silly investor meetings and tours were a constant thing until lately, seems like half of the forum members have met Solly. That makes no sense, not rational. Unless, he is a regular scammer with far less possessions and businesses than he is claiming and has no bank relations.
I just pointed that out yesterday. You just LOL'ed at that. These were extremely valid arguments.
You never listen to a valid argument and get back to their fake reports to find answers that would suit the weird reality and you can't get the reports and reality quite match anyway no matter how hard you try. And prediction goes wrong. To me the reality makes sense and i predict right. But you say i have no arguments and ignore the fact i have been right.
Most people rather listened to you i'm sure. Still do. I can only say that looking back i have been right, but that doesn't seem to be relevant here.
Why would "Solomon" meet you? I mean i believe he did, but why? He is supposed to have hundreds of millions farming empire producing xxx metric tons of seafood, many subsidiaries to oversee, tons of customers, staff, middle management and business partners related to the various business segments, that's very demanding umbrella of companies to govern. Money coming from left and right by the millions. Meetings with syndicate of many big banks. Big profits, big things happening with corporate structure.
That's a huge very busy corporate leader that came visit you!
But he chose to take the time and come meet you, that's nice. And you did some share swapping business worth $20k?
Huh?? Wut??? =D
Let's think logically. Guys who own hundreds of millions empires and make tens of millions profits/Q at that time allegedly don't do that. Never ever.
You met a guy that sees business with those kind of amounts significant deals. Just like now even it's destroying the company market value he sees some tens and hundred thousand dilution deals big business, that's why he does them.
That's the level of their business.
If you don't want to call it a scam then don't. But it is what it is.
I've been telling people to sell because I see no way this COMPANY goes up. From above $2 i've been saying that. It looked like a scam that is about to come down, that's what i have been saying.
Everything that has happened since has just supported that. It surely looks much more like a scam now than a year ago, doesn't it? It has come down 85%.
It's not up to me where share price goes. It was up to the owners to take these warnings seriously (or not), i wasn't the only one warning about these things.
To me it has looked like many people need more like $3 or $5 or more.
That is logical considering the downhill from most points of time from 1-5 years backwards to this date the downhill is more than 90%.
Great job when it has come down 70% during that time.
Folks here never tell when they sell, only that it's always good time to buy and that they are in it for the long because it will go up very soon 100% or 200% or whatever.
Then later on after a -50% or -70% year they emerge as big winners looking back at things.
It would nice to hear just once when somebody is actually selling. I don't recall ever seeing that.
Why worry? Of course they got the UNBELIEVABLE CV owning top genius to work for them.
I wonder if he goes working to the dilution section first or at the think tank to solve the problem how megafarmers can finally raise a prawn adult?
So why not quit while ahead and they have been exposed already?
Siaf puts money where my mouth is and sells. At 1,5% of the book value.
They sell the shares to those who believe their reports and book value etc. It's that simple i can't believe you don't get it.
You believe the scamsters and see value. Banks, investors, even the company has given up on that with their dilution.
It's P/B 0,015. It means nobody believes anymore.
You have the most blue-eyed approach to the most obvious scam.
Therefore your prediction will go wrong once again.
There will be no huge value increase, this will never reach $1 anymore.
Time will show once again I was right.
Listening to me would have been worth it.
You have wasted time researching a scam on the scamsters terms.
We have been right, researching 10 times more the wrong things doesn't make it right.
He has been consistently wrong. The reason is he has been researching a scam based on the info scamsters give out.
That's like solving a murder by just listening to the most obvious murder suspects version of what happened.
We have been right this whole time.
Trust me, there will be no $1 price tag for this.
Manipulated up last minute, graph shows exactly how.
Buying pressure? Only relentless dilution.
I'd say this going to $1 is impossible. 5c fake dividend announcement is the only thing keeping this up. It will not come and it will not hold because dilution will erode everything. Even if they could manage to pay 5c once with dilution money that's 5% dividend out of $1. There's real companies paying this much constantly and reliably, no way Siaf with it's history of breaking promises, dilution and scamming will get to that kind of valuation.
I'd say it is 100% sure this will never go $1 again.
I think it will go under soon enough, the fake dividend news can't hold it up forever. And besides that there's nothing really holding this up.
Must say good scamming tactics.
But of course it's great tactics as well to claim hundreds of millions assets and earnings north of a dollar per year while really having practically nothing.
Would you ever have thought then that this would go under $1?
I think not.
it might seem outrageous claim that this will actually go to $0,02 eventually but...
...it takes a while for he BS to evaporate and the truth to set in.
I have no doubt in my mind this will trade one day at $0,02.
It is just a matter of time.
The building blocks:
-prawns not growing, fishes dying = they can't even set up a front
-no money
-no bank relations
-heavy dilution shares increase by the millions per month
Dilution will become more of an exponential thing after a while.
Trust me, this is safely and surely going way below $0,20.
Yes and yes.