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The Swede

02/06/13 2:28 PM

#29003 RE: Lucky Loser #29001

None of that matters as long as the company act like a scam. There is a reason why we are trading at PE 0,5.
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stolpen

02/06/13 2:29 PM

#29004 RE: Lucky Loser #29001

thoose updates came by a day ago cause i started screaming it would be resonable with new phoptos atleast, people all over have expressed extreem fear out of unannounced shares in a neverending stream...
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Traderfan

02/06/13 2:31 PM

#29005 RE: Lucky Loser #29001

Well obviously if you are trading at a PE of 1 or far below for a year or how long, clearly most people out there don't trust the numbers. When I say scam I'm not saying there might not be some operations. I'm talking about the fact that people don't trust their numbers, their margins and this stuff. These pictures tell me nothing. Who cares if the stuff seen belongs to somebody? That doesn't tell me anything in terms of how big the company really is. I would even say these pictures decrease my confidence not increase if I would need to pick a side.

If you furthermore look at facts like that the Swedes and this board bought 95% of all shares that got diluted in the last 2 years and the company is still trading at these levels, it gets even more clear that everybody else besides those mentioned thinks SIAF is not fully legit.

And then while I'm at it. Companies which had numerous scam accusations in the last 2 years like for example CGA which was discussed here recently, still trade at about 3-4 times the valuation of SIAF, what does that exactly tell you? I think the answer is obvious.
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snow

02/06/13 2:36 PM

#29008 RE: Lucky Loser #29001

LL

There is no buying interest at a p/e of less than .5. The logical conclusion is that the market regards this company as a scam. I don't since I bought 29,000 shares yesterday.