I researched this stock and found that Swedbank has analysts evaluating this company. The company apparently has a massive aquaculture operation in China, which is the fastest growing seafood market. According to the report, Sino Agro needed to raise money to develop develop expansion of the aquaculture business, which they did about three months ago
I must be missing something; I admit I have not read up on this company like I should as I owe a bunch of it. In a nutshell I have one question. Why are siaf shareholders better off spinning off the high growth part of our business the way siaf management did. I hope I am missing something. Before the spinoff siaf shareholders owned 100% of the fisheries. Now siaf shareholders only owns 36.6% of it via 36.6% of the outstanding shares of tri way. Who owns the other 63.4% of tri way and what did those shareholders pay to own the shares? I hope tri way has other assests/lines of business besides what siaf shareholders "sold" them. Any help?
News is out on MF, Look for a POP tomorrow.
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Nice Pop today on a loan commitment. Kinda wierd that would make a stock go up. I am still down by a buck. Come on come on!
Do they have another message board?
seems no hope for this stock
Whats going on with this stock? This thing keeps dropping with no news.