Sino Agro Food Inc (fka SIAF)

[Traderfan]

How do you expect to get an investor to buy SIAF shares when they dilute at PE 0,5. All the share they have issued to "friendly" third partners sells them as fast as they can with an 30% rebate! If that pass your smell test, then your just as ignorant as me, and not many are.

It's possible that the company can turn a copper coin to gold, I actually think they can, but who else would believe that unless some one explain it for them, and that no one is the company, and they are not even trying to give an explanation.

We are asked to wait for the next business guidance that comes 2 times/year. But at this point, what good will that do, they have been dead wrong in the past, so who will believe the numbers given to us now next time?

Very well said and 100% the truth. There might be a few ignorant and/or naive people here but certainly you aren't one of those, at least not in my book.

Regarding the forward looking plans twice a year. As you said, worthless is not even starting to describe what they are after Solomon's track record the last 2 years. It's quite the opposite even. When he says the plan is to not dilute below 1.50 then people buy at 1.30 (which was the case back then) because they feel secure to the downside on this issue. Same with the EOD previous O/S guidance. I guess people get my point.