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RealUSA

05/06/19 10:51 AM

#154773 RE: ValueInvestor01 #154772

well, Solomon did issue all those shares at 55 cents and we are 18 cents so it was net non-dilutive if he can buy them back under 55 cents.

But as of now, we got a good deal paying off debt with siaf shares at 55 cents. Of course, that maybe why its at 18 cents!

maybe he can pay debt with 18 cent shares and drive the price down to 9 cents,

creating shareholder value all day long

RealDutch

05/06/19 12:49 PM

#154775 RE: ValueInvestor01 #154772

Warren Buffet will always place greater emphasis on the management rather than the market price.



I doubt that Buffett has ever seen a stock trading at 1% of net asset value. Fully reporting and profitable. It is ridiculous and outrageous what is going on here. And neither the China stigma nor the quality of management can fully explain it.

This company is a real shocker for the markets. If only they knew.