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Mr. Fister

12/08/18 3:40 AM

#151187 RE: ks1977 #151186

You never know the motives (or who is) behind the "lies" either. And a convertible bond holder would be very interested to get the pps down (as long as the fundamentals can be turned around afterwards)

If you look on ECABs website and compare to what has happened with Siaf you would think they usually get take a more active ownership in the companies. Do ecab have success in other stuff?
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Mark-J

12/08/18 4:56 AM

#151192 RE: ks1977 #151186

All major drops in share price have been because of the company management diluting it's shareholders or breaking their own promises.
Blaming "internet lies" for the depressed share price is completely off and ridiculous. True internet lies have been $30 value and $100 party etc.Those who have been critical have been right. If the things the company claims to have are true it would be super easy for them to prove themselves. Selling 0,3% assets would give you a $0,05 dividend LOL. However they are completely impotent with their actions, can't create believable shareholder value or just pay that dividend without funny business and year long promising periods continued by probably just as long delaying period... And heavy dilution in between.
This year the 75% downhill is very clearly attributable to the almost 100% dilution. Also promised "TRW dividend failure, previously "megaloan" failure, etc. All company's own actions and lies and failures. Completely delusional to blame those people who have actually predicted these things would happen.


Am I completely off here?

If you read the response in the article you posted, one theory was uncovered short positions. ECAB doesn't need to be the bad guy here - we do know that people are spreading lies about the company all over the internet. This causes fear, a depressed PPS and when dilution hits you get a death spiral - even without ECAB trying/wanting too.