Sino Agro Food Inc (fka SIAF)

[Mark-J]

Yes, buying would be stupid.

There will be no dividends, as there never was a megafarm, never a megaloan, never any megadeals.

The cash dividends were supposed to come long time ago from Siaf and TRW.

You see, this is just a scam.

There's also supposed to be 790 million assets but they can't sell any and dilute for pennies instead.

Everything is paid in shares because it's a scam.

So if I understand this right on SIAF-Merkur

There is bids of some +2 NOK for a stock that announced dividends of 1,24 NOK within 1.5-2 years?
More amazingly there are folk out therE wanting to sell for just a slightly higher price.

Am I totally stupid to buy more?