Replies to post #56677 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Also if this was such a great company with such great prospects wouldn't you thing there would be companies tripping over Solomon with offers to buy him out at this crazy valuation.

It goes like this.

AP = Acquiring Party
S = Solomon

AP : Hello Solomon, we have an interest in buying your company
S : You do?
AP : Can we see your books?
S : No.
AP : Why not?
S : Because I said so.

Empty, you need to understand that a buyout offer doesn't have to be made public. And they could never even get that far with SIAF. Only when an offer could represent value to the shareholders (according to the BOD) then they will make it public, and consider the offer in more detail.

[gnufrag]

I fully agree! Investors are not stupid, They usually know when something big is going on. The fact that nobody is looking at Siaf is à bad sign.