Simple and short:
1) this is not a fraud.
2) dilution was a problem in the past, that was the main reason in 2014 when the reckless dilution stopped for me to invest in this company. The outstanding shares will top in below 25 millions, if there is no new IPO in the aqua division spinoff.
3) the main risk is financial risk that we need some financing or PF1 PF2 FF1 and Mega Farm acquisition will be delayed. Even though we have quite much of EPS, we don't have any free cash flow.
4) It is not long ago (talkin about half a year at most, don't remember exactly) SIAF said that it will focus in the aquaculture business. The earnings before has eben directed straight to cattle business, SJAP. The cattle business could be a good one but it with restaurants etc. has been the main objective investment after earnings. This is about to change and we will see acquisitions in this year.
5) This company is a bargain, no doubt! The recent drop from ATH to 8$ we had few massive dumpers that dumped like 50k or much more shares per DAY. That has ended in the last month or two and the thing holding us back is the lack of buying interest and I don't know the complete reasons to that.
6) Last year I felt that we had lack of execution, the company has executed much better than i had expected this year.
7) take critisism to the commenters in this forum and take a look of things for yourself, not all things that are "certain" are close to the truth whatsoever :)
AI
