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Welcome Randall
Great letter and New Year wishes from the Chief on this final day of 2013.
Solomon rocks....Charlotte stands at attention.
And I should add that it's been a pleasure working with Siaf staff from day 1.
Yes, however I'm only looking at investor psychology with that
F share.
$34 F share and $6 eps? on the other side just looks very nice
as we pass Siaf story along.
In a 1 for 10 reverse for the new Siaf onlooker would this paragraph
convert to $34.00.....just for grins .....or shock and awe?
The Series F stock carries with it a cash coupon, which shall be redeemed on May 30, 2014 ("Coupon Redemption Date") and thereafter until Redemption (as defined below) occurs. Upon the Coupon Redemption Date, holders of the Series F stock shall be entitled to a lump-sum cash payment directly from the Company (or one or more of its authorized agents) equal to $3.40 for every one (1) share of Series F stock held ("Redemption"). Upon proper Redemption, the Series F stock shall terminate and thereafter cease to exist.
Preferred F share $ after the reverse split to a new Siaf onlooker?
;)
The deposit is multiples of the current Siaf market capitalization.
Happy New Year
;) Vike
Working on group share totals today and
we will be in the market on and off this week as cash from contractual agreements from the merger with AMR Corp get deposited in pilot accounts.
We have waited so long for this lucrative event to occur.
It's a new day.
T minus 0
At last
FYI Joenatural
T minus 3
CLT
PHL
DCA
PHX
DTW
Happy New Year
Happy Holidays
Charlotte is in the market as always as our group has grown at a good pace.
Thanks again Peter in IR for all of your help with the Newbies.
We have also moved our target share total up again in a big way and we hope to see Solomon in Charlotte in February schedule permitting.
Ar-si-bull-log
FYI T-18
Adding today
Vike,
Remember your future Prawn Farm 2 earnings per share estimate from November? What would it look like after the reverse split?
Like BRKA?
Just finished with the Charlotte newbies this past weekend and rounding up
restaurant patrons and employees this morning in Michigan.
Off to GZ on Wed. as snow has closed Dulles today.
FYI T-20
I must thank Chad and Peter in IR once again, without them this was an impossible task for our Charlotte group to undertake.
Our three groups are active and I have informed IR of our
future plans.
RD
TF
VIKE
FT
Thanks for the analysis.
Very well put together 10Q
Quite impressive
All of our people are briefed on a 2015 plan from the outset.
And we will raise our share target again soon.
2015 Baby
We picked up a large
% on Monday
:)
Vike
Our trades are handled by MM NITE
Keep up the good work.
FYI
They can sell shares directly to us.
Have a nice weekend.
Note from RD....
kind of a Catch-22
HB, I can't help but feel uneasy with your activity and your posts on this message board. Why would you advise IR about this? You're just giving Solomon a blank check to issue even more stock, and we know how that has worked out in the past. Total destruction of the share price. For all I know, you could be one of the reason why we are trading (and issuing stock!) at these depressed levels in the first place. Also, who is to say that all these people actually buy the stock when they inform you about it? I have been informed that the buyers are coming from a different region. I have seen no evidence so far of anyone from your group buying shares. But I have seen evidence of Italian interest and from other parts of the world. Have you ever criticized Solomon for his dilution and dumping policy?
We as shareholders have a responsibility towards creating value for the long term shareholders who helped build this company years ago, and paid a much higher price for the stock. Solomon has a fiduciary duty! to act in their best interests. In short, your activity does not fly with me.
The risks of investing in this company are disclosed in the risk factors in the SEC filings. Did I ever see the risk to investors disclosed about the damaging effects of JV partners dumping all their stock and destroying the share price in the process? Nope. But that is in fact the one big danger we as investors must face on a daily basis. Total joke. Now there are some questions to think about.
Replies:
is today's run partly due to the Charlotte
??viking86 on 11/4/2013 11:32:13 AM
Report TOS
RD, you are so right.
You are so right AIK.
Kav.
Via IR,
We will plan a February meeting in Charlotte remaining clear of the holidays and overbooked flights. (Half of us commute to Charlotte) We will also have many more new participants by then.
Fat Tony
I spent the past week in Charlotte and worked with 40 or so newbies between flights getting them moving in the right direction with Fidelity pension services sign up procedures and helped them with their first share purchase.
Lots of hand holding through the process with the new
first timers. iPads have really helped on the fly.
We purchased a light percentage of the daily trading last week.
25%
IKEA,
We have elected to move the Charlotte meeting to Feb. 2014
as Solomon and staff will take the time to show us the progress at Siaf subsidiaries around China in a few weeks.
I will be in Sweden on the 23-26th if you are around the Stockholm area.
Fighting EMS shrimp disease in Mexico -- Cargill workshop to draw together academic researchers and industry
Cargill
Nov 4, 2013 11:44 AM
CIUDAD OBREGON, Mexico, Nov. 4, 2013 /PRNewswire/ -- Cargill's animal nutrition business, a global feed and nutrition company, is hosting a two-day workshop, Nov. 12-13, in Ciudad Obregon to explore strategies to help customers deal with a new bacterial disease causing mass mortalities at cultivated shrimp farms in northwestern Mexico.
The disease, known as Early Mortality Syndrome (EMS) or Acute Hepatopancreatic Necrosis Disease (AHPND), has caused large-scale die-offs of farm-raised shrimp in several countries in Asia. In August, the disease was also confirmed at shrimp farms in the states of Sonora, Sinaloa and Nayarit in Mexico. Shrimp producers' associations in those states now project a 65 percent drop in tons of shrimp produced this year compared to 2011 due to the outbreak.
China’s food inflation picks up
In September, China’s food inflation rose to 6.1%, up from 4.7% in August. Price increases were primarily driven by an increase in fresh vegetables and meat. The September data most likely reflects an increase in demand as well as some supply problems.
Higher demand, lower supply
Drought, frost, and flooding were factors that negatively affected food supply this year in China, while the rest of the world saw much more favorable weather, yield, and production. Faster economic growth since China accelerated its spending program to keep its 7.5% growth target for 2013 is driving national income. So demand for food—particularly vegetables and meat that are considered more luxury fare—is rising.
Farmers will use more fertilizers
As the overall CPI, which now stands at 3.1% is within the government target, actions to reduce growth are unlikely. That means demand will keep growing. To meet this demand, farmers will be using more fertilizers, which would support demand for fertilizers like potash, phosphate, and nitrogenous fertilizers.
Higher food prices are positive for stocks
If food prices in China continue to rise, expect China’s demand for fertilizer to increase as well.
Is the cloud over US-listed China stocks lifting?
By Dhara Ranasinghe | CNBC – 3 hours ago
If the surge in shares of two Chinese firms that listed in New York in the past week is anything to go by, appetite for U.S.-listed Chinese stocks may be making a comeback following accounting scandals that hurt sentiment and lead to a dearth of new listings last year.
Shares of Qunar Cayman Islands more than doubled in their U.S. debut Friday, valuing the Chinese travel website controlled by internet giant Baidu (BIDU) at $1.05 billion. Shares of 58.com, a classifieds website dubbed China's Craigslist, soared more than 45 percent when they started trading in New York on Thursday.
(Read more: Shares of China's classifieds website soar in debut )
"It is as good a time as any [to list in U.S.]. We have an investor mentality that's towards strong growth," Will Preston, a research analyst at Renaissance Capital, told CNBC Asia's " Squawk Box ."
"Over the past year, we only saw two Chinese firms go public in New York and that was YY and Vipshop Holdings -- both had stellar performances and that has drawn more IPO s [initial public offerings] from China," he added.
The number of Chinese firms listing in the U.S. fell from a high of 40 in 2010 to just two in 2012, according to data from Thomson Reuters. Accounting scandals and a number of de-listings as a result of tumbling stock prices deterred Chinese companies wanting to list in the U.S., analysts said.
In 2011 Muddy Waters Research released a damaging report accusing Sino-Forest (:SNOFF), a Chinese company then listed in Canada, of committing fraud. Sino-Forest's shares fell sharply as a result and the company filed for bankruptcy last year.
(Read more: Muddy Waters Research is a thorn to some Chinese companies )
But perhaps the concerns about Chinese firms are fading, analysts say.
"My sense in general is that investors are always on the lookout for companies that are honest and can make money for them," said Wendy Liu, chief China equity strategist at Nomura (Tokyo Stock Exchange: 8604.T-JP).
Five Chinese firms have listed in the U.S. so far this year. Alibaba, China's biggest e-commerce firm, could list its shares in New York early next year, according to recent press reports.
Shares in YY, a Chinese social networking firm, have soared some 380 percent since its listing in the U.S. almost a year ago. Shares of Vipshop, a Chinese online discount retailer for brands, have risen to about 12 times from where they started trading in March last year at $6.00.
Others have not done so well. LightInTheBox (LITB), a Chinese online retail that listed in the U.S. in June, is trading well below its IPO price of $9.50.
(Read more: Why the Alibaba IPO is more important than Twitter's )
"It is an ongoing process of teaching the listed-companies to behave properly. Given how some of the listed names have traded on the U.S. stock exchange that are Chinese companies, then if people see more money being made they tend to forget about other things," Nomura's Liu said.
- By CNBC.com's Dhara Ranasinghe; Follow her on Twitter @DharaCNBC
You would like this note from RD also Shrimptail.....I think
HB, I can't help but feel uneasy with your activity and your posts on this message board. Why would you advise IR about this? You're just giving Solomon a blank check to issue even more stock, and we know how that has worked out in the past. Total destruction of the share price. For all I know, you could be one of the reason why we are trading (and issuing stock!) at these depressed levels in the first place. Also, who is to say that all these people actually buy the stock when they inform you about it? I have been informed that the buyers are coming from a different region. I have seen no evidence so far of anyone from your group buying shares. But I have seen evidence of Italian interest and from other parts of the world. Have you ever criticized Solomon for his dilution and dumping policy?
We as shareholders have a responsibility towards creating value for the long term shareholders who helped build this company years ago, and paid a much higher price for the stock. Solomon has a fiduciary duty! to act in their best interests. In short, your activity does not fly with me.
The risks of investing in this company are disclosed in the risk factors in the SEC filings. Did I ever see the risk to investors disclosed about the damaging effects of JV partners dumping all their stock and destroying the share price in the process? Nope. But that is in fact the one big danger we as investors must face on a daily basis. Total joke. Now there are some questions to think about.