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Mark-J

08/17/18 6:15 AM

#143669 RE: RealDutch #143668

Siaf P/E seems to be 0,08, according to finance yahoo. Expect similar for TRW. They can play assets and profits on papers but if at the end of the line is always the same chinese elderly guy saying "no have money need to dilute", then all the claimed assets and profits fly out the window as they have with Siaf.
Same aquafarm pics have been milked for a long time already, part ownership promises have not raised Siaf price.
Likely there won't be any magical value coming since such has not been recognized so far.
Solly is creating hot air value with paperwork but he can't bring that value to HK and list whatever fantasy companies and values he has made up.
This looks like keeping up the appearances, Siaf has always kept the shareholders waiting for some big thing that never comes.
Nothing's changed it's all old.
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ks1977

08/17/18 11:09 AM

#143687 RE: RealDutch #143668

Some fuzzy plan about a distribution some time in the future doesn't justify a press release or announcement, is what I'm saying


Will that stop Solomon? They virtually announced a distribution last summer, so a PR without any dates and commitment could be worthless (or worse)