Plandai Biotechnology Inc (PLPL)

[marylandstockguy]

I feel like we're in the dead zone. I hope the OTC has a rising tide lifts all boats moment in the not-too-distant future. This is getting pretty boring on the whole.

[marylandstockguy]

We should just bet the opposite every time.

[marylandstockguy]

Haha I hear ya! I think we all do, to some degree, in some phases of our lives. Some of us are just more willing to admit it. Kudos to you! We learn from failure - how else can you ever improve? Kudos brother.

[boston127]

I agree 100%. Pretty simple.

The only caveat is the large AS and OS positions. Let's hope the company does something about that.

[bri123]

I must be working on my PhD. in Murphy’s Law apparently! Whatever I think will happen, it always seems to be the opposite!

[Jasonh2]

I think I have a Masters degree in Murphy’s Law lol.

[Iwasbornpoor]

How many more shares will you be buying?

[zombywolf]

How can you go wrong investing money in a clean debt free audited ticker at .0004? Especially one that has a merge with a company that already invested $3.6 million with past revenue of almost $35 million. Not rocket science.

[Iwasbornpoor]

Sanjian is the devil pitchfork

[Iwasbornpoor]

You still think 34 million yuan is 47 million dollars?

[torontoasian]

Anything under your average is good. But if you don’t have any funding , just hold and pray.

Or you can sell at a loss. Not a financial advice but you do what you’re comfortable with. Hard to read OTC sometimes.

[torontoasian]

San Global Dining LTD = Sanjian Capital Co., LTD.

Translated*

It’s just another name.

[Iwasbornpoor]

Calling yourself global before being global is a liar until it is true. Right now it is a bald face lie.

[marylandstockguy]

100 percent. I stick to the script when it comes to overall investing for the long-term. I agree you never want to deviate from that, and play these OTCs carefully and well within budget.

[boston127]

Cheap is good when buying stocks.

I would never suggest that you empty the bank to buy OTC or Pink stocks. But, 4 looks pretty good, not as good as 3, but still pretty good.

[marylandstockguy]

Sounds like you're playing it wisely. Extremely tempted here to transfer some funds over just in case. I'd be averaging down from here but I'm being cheap :)

[boston127]

Filled today at 4. Put in 3 BID.

Got greedy. Now, it is 4 on the BID. Looks like a good day.

[boston127]

San Global Dining does not exist - yet.

Soon, they will exist.

[Iwasbornpoor]

San global dining does not exist. Its supposed to be global. Lol.

[torontoasian]

My best guess is he’s researching each individual officers;
Caren Currier - Interim President
Wang, Sung Wei - Chairman
Lin, Yi Kaun - Director, CEO
Kuo, Sheng Min - Director, COO
Ya, Fang Yu - CFO

I’ve found out that Wang, Sungwei aka Wang, Songwei is associated with other entity other than “San Global Dining LTD”

If you now research each individual entity, you can find more answers. For example, “Kuan Wei Zhong Fu Co., LTD” Ya, Fang Yu and Wang, Songwei both worked together and were successful

https://t.me/otcPLPL

[marylandstockguy]

Haha....we all could have! Don't feel bad. I only have 6 mil shares - but my average is 6. I didn't sell because I didn't think it made sense. Plus, if we sold, it would have gone to doub 0s. It's Murphy's Law!

[bri123]

And I'm kicking myself for not selling at 6. Could have sold and re-bought at 3 maybe.

[marylandstockguy]

Interesting. Bids are in for 3s....gonna keep an eye on this now.

[marylandstockguy]

I'm just wondering where he's getting his information from?

[torontoasian]

Elvis747man has great DD on twitter

[bri123]

Dump-aroo. Geez.

[Iwasbornpoor]

Check your math again

[torontoasian]

San Global Dining LTD = Sanjian Capital Co., LTD.

Translated*

Wang Sungwei = Wang Songwei

https://t.me/otcPLPL Join Telegram for Source/DD

[Iwasbornpoor]

Oh no 88% the A.i computer says its a buy.

[all the way up green]

Barchart is showing PLPL at an 88% STRONG BUY.

[marylandstockguy]

I may be wrong too. :) There's a lot of hesitancy here - we can see it in the low trading volume the past few days. 3s aren't out of the realm of possibility. The uncertainty might cause some selling, but I also wonder if a lot of shareholders are afraid to sell and then have news hit. The transfer of control went through per the quarterly, which makes selling a dicey situation.

[boston127]

You may be right. What I posted

is from Schwab and is done by a program stored in a computer. I never did get filled on my 4s or 3s.

[marylandstockguy]

I'm not entirely sure that's the case? I'm just checking in now and see around 15 million shares were bought at 5? Seems like more of a tug of war to me. We shall see.

[boston127]

Momentum for PLPL is strongly bearish.

The 14-period Slow Stochastic Oscillator is falling, as investors sell shares and drive the price lower.
As of 05-29-2024.

[Iwasbornpoor]

Keep buying shares bulls

[bri123]

Lets get through these 5's (again) !

[Iwasbornpoor]

Are you sure?

[zombywolf]

I did see a translated Chinese news article about the restaurant/catering operation. They specifically put a number on revenue a couple years ago. That number was 250,000 yuan annual revenue, which converted to dollars is about $35 million. Could be more now.

[marylandstockguy]

I think it’s possible. I don’t want to be perceived as a pumper. I am finding nothing about this company on Google searches. The only thing we know for sure is that they are in fact headquartered in Taipei 101 and Yi-Kuan Lin is in fact the new CEO. When you even try to Google on those facts nothing comes up, nor on San Global Dining. How does Elvis know what he’s asserting? I don’t know. My original post has ifs prefacing it

[torontoasian]

It’s a bit hard to do due diligence when informations are so hard to find. Possibly a Taiwanese language barrier?

[marylandstockguy]

To your point I didn’t. It’s a claim made by that person on Twitter so we don’t know. Is it true?We’ll see, but the claim on One Taipei is interesting since they’re headquartered there.

$PLPL Lin Yikuan, CEO of $PLPL is
The founder of Sanheyuan, a Taiwanese cuisine catering company with dine in / carry out options with significant revenue 👀 ⤵️$PLPL closed a transfer of control to San Global Dining Ltd, a catering operation in Taiwan pic.twitter.com/dktjOJCfoX

— Elvis747man (@elvis747man) May 21, 2024

[Iwasbornpoor]

In the heart

[boston127]

Thanks. I personally like Taiwan and

Japanese companies, especially on the NAZ. I'm here, still trying to accumulate.

[pjcent]

Where did you find the balance sheet that reflects 60mil?

[Iwasbornpoor]

Possibility means likely not

[marylandstockguy]

The most intriguing post I've seen for San Global came from Elvis747man on X, and he highlighted 3 main possibilities:

1. The CEO, Lin Yikuan, founded Sanheyuan, a Taiwanese catering company which also provides carryout and dine-in options in major shopping malls in Taiwan, and apparently one Sanheyuan store once generated revenue of $60 million in a single year. (I think this is something you referenced in a post a couple weeks back).

2. They have entered into the fusion market with "Taiwan Soul French Cuisine." That sounds like a very unique combination. Apparently this was an effort to revolutionize Taiwanese food and make it more interesting to the younger generations. It sounds like it's worked, and they have been receiving Michelin stars for awhile for their restaurant in this arena, named "Tairroir."

3. A catering company (also designed by Yikuan) named 85TD opened at the beginning of this year in Taipei 101, and serves the 85th and 101st floors of the building. That sounds like a great move, considering the size of that building, and it explains how they chose this building as their headquarters. Apparently they have a chef, Xie Wen, who is the "Master of Cantonese Cuisine" working there. The revenues that could come from this venture could be big - imagine getting a foothold with a great restaurant in the Willis Tower, or One World Trade, as examples.

It's that tweet that has me thinking a little bit bigger here - seems like there's serious revenue potential between these three ventures, if they're in fact all tied into San Global Dining.

[zombywolf]

The problem is that company only operates in Taiwan, and useful info is in Chinese. That may not even be the name in English. We just have to wait until they let us know who they are and what they are doing here. Some of us have been here for a couple years, so we are used to the wait here.

[marylandstockguy]

I have noticed the same. This could be a result of Far East businesses keeping their cards close to their vests, as has been pointed out on this board a few times.

[torontoasian]

Best to accumulate slowly. Until we get new update from the new company.

[boston127]

Cannot find any data on San Global Dining.

Tons of data on Global Dining. We are stuck here in nowhere land, waiting and hoping.