Sino Agro Food Inc (fka SIAF)

[ks1977]

Solomon have not lowered the pps.

Sorry, Mera, but that is pure BS;
When Solomon in the CC Q1 indicates a TRW-dividend summer 2017, without checking whether SIAF actually can do that (the shares weren't even registered in HK), then he does lower the PPS - he destroys every credibility that he has (keep in mind that this is best case - from what we now know it seems that he never had the intention to distribute the TRW-shares last summer, and that the false information in the CC had the intention to pump the PPS before the ECAB-deal).

Also he is the CEO so it is he who is responsible for the low PPS ultimately. He could have stepped in a long time ago (decrease capex way earlier, do the TRW-dividend to mention two things), but chose not to. Bad management goes back to him - the market only responds to what Solomon is doing (or not doing)