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What was the total $ amount paid out by the company?
Probably corresponds closer to $0,01 than $0,10.
And heavy dilution followed i have been told. Which led to reverse split.
So nothing much honest went down after all.
$0,01 =D
They started slipping from it already in last conference call. Unbinding dividend policy and "aim" to pay and "hoping to have the cash flow". Same ol' same ol'.
A heavily diluting company can have that cash only from dilution money.
Which would result in fierce dilution afterwards and true share price crash after ex date.
But it is very unlikely that they will pay anything
And share count goin up it will be more and more difficult.
Should it happen that they have saved dilution money and pay from it that will be the last trigger before final crash.
I can't do that i have the limited free account. Manipulation comes from those who have paid accounts here and flood messages in tens of thousands.
And they have been consistently wrong.
Anyone taking my advice would have saved money.
Something very very dishonest going on here praising the ones who have given worst advice.
And in general have religious belief in this diluting horribly performing dishonest company is beyond odd.
Stinks to high heaven what the promoters are doing here, highly abnormal.
Whatever the dishonest reasons are to promote this, maybe just your own stake in this, i still like to get the voice of reason out here and sound investing advice.
That's burning the candle from both ends. You lose cash to dividends and shareholders lose their value by dilution, only one benefiting is the government taxing the dividends. Of course you should use cash or loan to grow the company, if you can't you sell shares in some cases but it's just stupid to pay dividend at the same time.
But Siaf
a. is not growing
b. dividend is just share price manipulation, they won't do it
c. they don't have the money to do it
d. they would be selling shares to pay a dividend, that's the most idiotic thing ever.
But don't worry, it won't happen.
Diluting companies don't pay dividends. These actions are opposites.
There is no money in TRW. It is just another side of this same scam.
If there was money n TRW they would have paid dividends and paid their loan to Siaf and gotten bank loan and not given their shares in this fiasco of "share distributing".
They have no obligation to pay dividend. They misused the concept of "dividend policy". That is not binding, it should be estimation what % of their profits they use to pay out as dividends They used exact $ amount to manipulate share price up.
There is no "lousy 2 million" for Siaf, that's amost 20% of the whole company value, it's HUGE nowadays.
So it is very very likely that you will NOT get any dividend and dilution and excuses etc continue as before.
There's an idea!!
RD would be great leader. He has practically been doing the Siaf CEO job for several years already here. Promising share price upturn, marketing triggers and convincing people not to sell and believe everything from various fish and shrimp producing mathematics to fruit trees. While the ruins crumble around and dilution eats at the shareholders table, he would have the nerve to say it's fine!
You wouldn't know any difference if he'd step up!
=D
Ok, you retain your belief that there is some legs under this company I feel there actually never was. But pointless to argue that more now, even on this page earlier i have laid out all the circumstantial evidence there being just the corporate structure torso without any real business legs.
Referring to JV stuff that can't be sold/no cash flow and rest being very controversial what it actually is.
Therefore a buyer is not likely IMHO. And the corporate structure is a jungle, it should be just core aquaculture and everything else sold away immediately but it doesn't happen which leads me to think it can't be sold = it doesn't exist in any meaningful way to the shareholder.
We probably never get to know the full truth of it.
Ok good for you if you are not invested in too heavily. I was describing more the general attitude here.
Why am i here?
My mission started on our local forum where was this blind belief attitude for Siaf. I pointed out big problems, illogical stuff, red flags there and people(believers) would just disregard them. That was summer 2017. It was weird.
Soon i learned that this attitude stemmed from here. Critical discussion is impossible, it's blind belief and somebody's paid account drowning critique with message flood if not anything else.
I HATE that kind of arrogant, religious and illogical attitude, it's investing not religion. And i started striking back, being a pain in your believer butts here on the forum.
Most of the things I write is not so much directly to the person I'm writing. I just want outsiders seeing these conversations by chance to see the other side so that they don't make a mistake and invest and lose money and become cult members talking up the share here.
I don't want that ihub Siaf believers multiply. =D
Btw on our local forum the Siaf talks ended some six months ago.
That is logical given the poor performance dilution etc.
Why it continues here is a mystery. With the poor performance, dishonesty and dilution nobody should be talking this up.
It should be lawsuits and angry attacks to the management so they stop all dilution immediately or taken to court.
I'm not sure the promoting is all honest.
Some actually defend the management's printing and their interest in general over shareholder's interest. They get "angry" at the management and disguise it well it's actually more management's interest they defend... The wolfs in sheep's clothing are not in this end. Rather look who made you buy this...
A tour to an aquafarm doesn't prove ownership, business, income etc.
Surely doesn't prove 790 million assets and past tens of millions profits. The little we have seen the locations seem quiet and inactive.
And tour participants surely have lost most of their investment.
Regarding the evidence on aquafarming business it's still the same as in the beginning: where's the customers, where's trucks going out full of shrimp, where's the commercial size harvests??
Reports from Tony have been awful, experimental hobby level stuff and coming short with them having diseases and problems.
There was a quote here from Tony, somebody asked him what's going on and got reply. Tony said he is just experimenting, "waiting for the loan". We all know there isn't going to be any loan. So he is not doing commercial level stuff, basically he is idle.
To me it looks like he is just a front for Solly's operation. And that operation is not about aquaculture, it's about corporate structure and share printing.
I have not seen any evidence them doing profitable aquaculture business.
And the real life finances, printing shares at 1,5% of the books, TRW giving out shares rather than paying, them geting no loan, being broke....
I think it's very solid case for this being a scam or fraud or whatever you want to call it.
For €1000. Handla was the only one who got the balls. Rules were $0,05 per share in your bank account by 31.12.2018.
Abandoning all rules of investing, ignoring all red flags, creating religious like belief in a stock and trying to smoke away all critical views or drowning them in endless positive speculations...
That's what has been going on here.
All the signs of a company nobody should invest in have been there right from the start. Starting with bad management, crazy scattered business model, suspicious books, poorly verified core business, dilution...
And all the massive evidence for a fraud coming in you just get deeper into the denial and blame us who could have saved you a ton of money.
Yes you truly deserve your losses. If anyone should learn a lesson about investing the hard way it's the Siaf promoters here, that is my view. You have been totally careless, arrogant in your beliefs, ignored all bad signs, and broken all rules of investing.
There is no company.
It's collection of no cash flow JV crap that just fill internet portfolios and Q reports. No income, can't be sold.
Then there's fake companies Siaf and TRW who can't produce any money, only means of income are loans and share printing and selling. Hobby level farming in maybe one aquafarm they truly own.
That should be clear by now.
"Solomon" Yip Kun Lee is crafty scamster who has made a good living very nice income with this scam.
The investors who believed made the big mistake, not him.
What is a "TRW dividend"?
If Siaf owns some part of TRW, Siaf shareholders already own it through Siaf.
These ceremonial share distributions of UNLISTED company are meaningless share price manipulation for idiots. (that's why it got halted by Finra)
TRW had already chance to give money to Siaf, no dividends, no loan payback, it only sucked money.
There will never be any cash dividend from TRW.
Earth to Ks! Our satellite took a picture of a building in China. It means there's a building in China.
Solly to Ks! We own that building, i have map on my website, it's our building making big profit but i don't have that money now. And there's not our name on the wall but it's ours because we have satellite image. Very valuable 50 million although it look like 0,1 million. I print you share for it. Cheap for you because i'm old and i don't need money, you become rich. Oh and we have little bit problem there and afterwards i print share for my friend too, but it's premium dilution even though your share went down it's better for you. Maybe have to print many more times but next year you become rich when we cross own it with our company lend/borrow money make big corporate structure thing. Building empty but make big money you rich next year!
it's either or. Loan shark or dummy. There's no other prizes in this contest for sub penny Siaf shares.
All the massive evidence years of betrayed promises, dilution and misconduct and not a shred of evidence to harvests or clients... And this is your only evidence the other way? Because Garret? You know nothing about their true relationship, i think he is their loan shark as well, he can take advantage of all this.
The role of the dummy is for the shareholders.
And that's the best documented fact.
It never was great. There just was a time when people believed their BS. Then people learned fast that they are not acting like what they claimed to be. People realized they are incompetent, have really no harvests, have really no cash flow, never seen with customers or never busy with their claimed real businesses.
Money always escaped mysteriously shareholders, like just recently "they built capex". It's rubbish. They have no income but they have to claim to make some money but also they have to make that money go somewhere because they really don't make any and never have any. And therefore they dilute to get some... It's their only business.
People realized Siaf always was, it currently is and it always will be just a chinese agricultural tax free scam.
Last few days have very clearly proven that once again.
Zero has been right. Siaf has come down like he promised. They have failed like he has promised.
Actually common sense says this will go down more. It's just believers and promoters who no matter what experience still promote that it's going to be alright. Promoters have promised $100 parties and all kinds of dividends and what not.
Who are you? Why you disregard reality, history and real life facts?
Come clean who are you and why you act against bad experiences, basic investment advice and common sense?
Many years of disappointments and value loss and broken promises.
Why promote the rotten company and attack people who have been right and could have helped you if you only listened??
This is why so many people have lost money here because the voice of reason and criticism gets attacked and only couple of sane and sound people continue to give GOOD INVESTING ADVICE here.
This is a scam. Nothing more. It's the unpleasant truth.
It's just them getting caught. First of all i think it's a crime to use "dividend policy" (which should be % of profits used for divi) with exact $ numbers to try to affect share price.
Secondly people realize how the TRW cooked books is used (again) for share price manipulation announcing some unlisted company paper handouts as "dividends" of certain value. Their share in "TRW" should be internal thing and not used for share price manipulation. If siaf owns TRW 1/3, Siaf shareholders already own that. No ceremonial "distribution" is needed.
That's again just share price manipulation.
And internet promoters tried to rave about it how awesome this is.
This hopefully "share divi" will be banned totally.
Everything they do is suspicious, untrustworthy and always dilution follows.
Really the worst company ever.
When i first realized with little DD that this is a scam i wanted to follow up because it was kind of absurd. I wanted to know what will unfold. Sure has been weird!
Looking forward to seeing the grande finale! =D
There's been a lot of fraudulent marketing in Norway?
Hopefully soon somebody will realize what he has done and stops it.
Fraud is obvious. Which newspaper you refer to?
All they ever did was telling stories. Those who believed got diluted.
Story about megafarm, story about megaloan, story about huge assets, story about TRW and HK listing, story about all kinds of dividends, story about upturn and coming cash, story about flower business, fruit tree business, story about a cow dung fertilizer pile worth the whole company market value.
Reality: no customers, no harvests, no money, no loan, no cash flow, no dividend, no trust, no shame.
Just MASSIVE dilution.
TRW is Siaf scam part2.
There is 0 value in TRW. No value in Siaf. There's no customers, no cash flow, no money. No production. No assets they can sell.
That's why you got TRW shares so readily from them, that's why you never get money from either.
They print and sell stocks and sometimes give them free to prolong share selling operation.
Scams don't get more obvious and more proven than this.
Dilution scams go sub penny.
Now that the price is lower dilution amounts must go higher and it will soon snowball back to the good old death spiral. It's been artificially kept high with the TRW scam distribution and fake dividend news. I did underestimate these guys a little bit with their scamming abilities. All cards have been used soon and we can start journey to sub penny.
EVERYTHING about this company has been looking like a scam. No money, no bank relations, no customers seen with management, no harvests seen, no assets can be sold, no stop to the dilution, just more and more...
So obvious, i can't believe who you guys chose to believe, this stock has internet marketing, and they been consistently wrong and we have been right. Yet so many chose this stock with unbelievably BAD track record, it's even post REVERSE split. Come on. Scams don't get more obvious than this.
TRW shares were a scam. There's no value it's just Siaf scam part 2. Same crap. Please don't be so blue-eyed. They just bought some time and PPS raise to sell shares more profitably and kept owners waiting for nothing. It's worthless paper anyway.
The question is do you get something back from that PERSON who scammed you. The companies are paper only, worthless stuff.
I encourage you but do remember that this is the main marketing channel for this scam. You will always get resistance for that idea here, there will be lots of persuasion to stop with that idea. This is the one thing that the marketers will always resist most fierce with all kinds of "reasoning".
Stabilize what? It's a scam and fraud.
Never learn no matter what beating they give and no matter what fraudulent actions they do? OMG.
Officially declared as a SCAM.
It's been common knowledge this is a dilution scam. Obvious from the impossible numbers indicating heavily cooked books, no customers, no harvests, never ending dilution without explanations or even excuses.
Scams don't get more obvious than this.
What say the promoters? $0,55 batch? Premium dilution? Don't sell now, wait for next lie? =D
Doubling sharecount with no reason this year is obvious fraudulent behavior and predicts it to continue.
Then we consider reverse split in the past, inability to have normal bank relations, -98% share price crash and all the broken promises and illogical actions showing they have 0 cash flow we get to a 99,5% certainty that there will be dilution this month and 99,999% certainty that there will be more dilution this year.
It is embarrassing to answer about scam company's made up businesses and especially where it gets totally ridiculous like "flower business" etc. No normal IQ person wants to lower himself at that level and try to make sense there to the people they have scammed.
I can imagine it's not very uplifting to do any of those other chores either but answering mails or calls must be the worst.
Tell the figures and numbers from this company to someone that isn't hanging around here. Tell how much dilution, delays and broken promises within last couple of years, how much the reality and the figures are apart.
I guarantee 9/10 people will say "looks like a scam" and they, like me, will NOT be surprised with the share price.
I was surprised that the ceremonial "stock dividend" lifted the stock as much it did. It just proved both companies have no money or value to their owners/management.
Now there's one last trick with "dividend policy". Very likely once again promises will be broken and there will be no dividend. Such a charade from the beginning to announce dividend from money they don't have. Who the heck does that?
Oh yes.. ...scammers do that...
They have probably had good income selling shares to an assets portfolio that produces nothing in real life.
I wouldn't call that a failure.
Some people do stuff like this and can make it work for themselves.
The true failures come with investing in this.
They haven't done that. Always sell and give out shares, they know best.
These crossed loans between Siaf and TRW are just a smokescreen to give the impression that there is big money revolving around these companies. There isn't.
Also the "Capex building" is just a scam.
There's no money or business.
That explains why they are broke, why they dilute and the company valuation and trend down.
All real life data supports time after time this being just a scam.
Market sees this as well with current valuation but must come further down of course.
People with common sense?
Those who have common sense have foreseen the downfall of this "company" and they have not promoted this silly charade.
The false stuff comes from the company. It is to mislead people believe there's big business and big assets so they will fall for their share printing scam.
And information they give out is speculated by the promoters to arouse some kind of hype. So many dividend and even $100 parties. All gone wrong... Us giving the real information have been right and those believing company reports and "visions" have gotten it wrong.
790 million company for sale.. ..for 15 million.
Company with wins going to hundred millions category in the recent past.. ...dilutes for pennies..
Megafarm experts never seen with harvests or customers....
How to spot a scam? It is this easy. Their reports and actions are complete mismatch with reality.
That's how you spot a scam.
That's why it's important we give facts and real information about this company.
Cooked books, unfulfilled promises, no cash, no harvests, no clients.
These are the true FACTS, the company has heavy marketing in the internet. IMHO there just can't be that many active promoters and believers when all promises have been betrayed and it's down from $18 to $0,33 with heavy dilution on. Why would you promote the thing that hurt you?
True shareholders would be screaming them to stop dilution and take no excuses, many of the internet promoters just want to make excuses and hide dilution under the rug... That makes no sense, it's like helping someone to steal from yourself.
The other illogical thing with the promoters is not demanding asset sales.
Selling 10% of the assets at 50% discount the company would receive cash amount 3 times their market value! =D
The promoters must know it's all fake, so they don't demand it even it is very easy and fast solution to all "problems".
This whole thing stinks to high heaven and it is important thet we give the real deal so the promoters promises and speculations don't overpower common sense.