China has been a good place to invest in. The problem with Siaf/TRW is that it's just a share printing scam without any real business supporting the share price or stopping the dilution. That's why it's falling.
Not because "beef price dropped" or some other lame excuse. Sell the whole cattle division if it's so. They can't, it's not theirs or completely fake, who knows.
And do you really believe in the fruit trees? Come on. It's getting so stupid it's not even funny anymore. These guys should streamline it get rid of everything else but aquaculture but no.. Sell cattle, sell fertilizer, sell whatever silly things they have scattered and incompatible, it's crazy business model.
But because it's a scam where they collect promotional scam assets in their portfolio to fool investors being a big company they can't sell anything, rather keep everything ans collect more silly things there.
Of course they would have sold assets to avoid dilution and to save the market trust if they could. But there's nothing they can sell.
These guys claim hundreds of millions assets, have corporate value at 9M, claim tens of millions profit from TRW and profit from Siaf, but dilute, can't pay out anything and have no bank relations.
Scams don't get more obvious than this.
If 10% of their assets and businesses were real this company would be easy to save and get going up. But not even 10% is real.
It must be all fake, there is no other believable explanation to what we see happening in the real world with them.
You got to put 2 and 2 together eventually.
