The book value been proven totally fake already.
The fact that they can't get bank loans or sell anything to help the company out from the swamp says it best.
The company's silly portfolio should be streamlined anyway and branches sold but they just collect more stupid stuff there "fruit trees" and whatnot. Because it's all fake it might as well be there, they can't sell anything cause they own nothing.
Cow dung inventory is now more than company value, it's laughable beyond silliness. As I and Zero have proved here the JV stuff has nothing to do with the company, the assets do NOT belong to Siaf shareholders or their income.
The own aquafarms (do they even own one really?) look quiet and inactive, it's like they get to take photos there on summer break and then they are thrown out. If there's one aquafarm Tony's statement that he just experiments and waits for the loan says it all.
No business.
Almost no assets at all.
No dividend.
No shareholder value.
The share is not "depressed", it is going down logically as their scam unfolds.
