Replies to post #113748 on Sino Agro Food Inc (fka SIAF)

[ks1977]

Please think of the word "scam" when I used "fraud" in my post, i.e whether Solomon is luring people to invest money in something that's not real so that he can take our money and flee.

To mee the stock price reflects SIAF as a scam, but I don't think it is. The book value might (or might not) be floated compared to reality, but even if it is I believe the current stock price to be only a fraction of what it should be - it must be criminal to book values at 10 times their true value, and I don't think Solomon&co are criminals or scammers.

Hence I'm "all" in and for a long term.

[soroi]

You are right and if people don't belivie this is a fraud/scam, then they should not even consider selling for under 20$ a share withe the growth the company belivie they will have. I am certain this is not a scam, but i believe that Solomon Lee is too optimistic with the long term growthrate.