Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That is what i said on friday
Its not a leak about operations, loans and such. As i said im not buying more atm
Sorry i will not answer your posts anymore as i dont answer mark or zero
No im not thinking about buying more.
I think u need to improve your reading skills. Read again.
Im all for suing
We will get a somewhat positive filing soon i heard. Nothing that makes me want to buy more, but still something. Probably after closing today
Why stay out?!! U havent lost any money in siaf? Its impossible to lose money if you dont sell according to u, so all should be good in your world.
When is enough enough? Solomon makes me sick. He and dan need to be put in prison
Time to sue?!
Haha, the lead banker left for another job, thats why we didnt get the loan. What a joke. How naive are u?
Well lets hope the new lead banker doesnt suddenly find a new job as well.
History is a strong indication.
Small changes means nothing after 5-10 years of mismanagement.
They have had years to add new shares, dont make any excuses on behalf of the bod.
I really think we are done. We cant wait for solly to die, it could mean another 20 years of dilution.
If they have a realistic plan they need to communicate it asap so that we all can make a decison. Stay, leave or sue.
Thats so naive given the history.
I think we need to come to terms with the fact that we will never get our money back. We cant listen to garrett he has his own agenda and there is no loan.
I want to sue the hell out of solomon
Yes but he bought the shares when the megaloan was still on the table and i guess he fell for solomons lies.
Now atleast he will salvage 6musd, thats not peanuts.
I think a lawsuit is our best option. Might give us some closure so we all can move on with our lives.
Garrett says patience since he stands to lose the most from a lawsuit.
But now its clear to me why Garrett wants cash back and not shares from the convertible note. Its probably to protect what is left. He doesnt need 4m new useless shares, better to play it safe.
You should inform jyyoo. He still claims its in the final stages.
But what a disaster solomon is, unbelivable really.
I think we should sue unless we trade over 1usd in a couple of months.
So the megaloan is dead?!?
Strictly speaking its dilution. Im getting really frustrated. Time goes on and nothing ever happens.
Or just continued mismanagement by solomon...
Well he has posted several times that he has information that the loan i still on and in the final stages. Thats why.
What is the status of the megaloan?
No its not!! In talking about sek not usd. Different currencies
I understood that and my reply still stands. Siaf today os certainly not a 4b sek company
He is still in and havent sold a share. I was in contact with him a few weeks ago. He is not following siaf closely atm, very dissapointed and has lost a lot. If things turn around i think he will be back at the forum.
Im not so sure siaf would be trading at 10 usd with a ceo called gunnar. I mean thats 4 billion sek.
In its current state i think siafs value with a ceo called gunnar would be 500m sek. They need to fix the financing issue. A swedish company would have had a rights issue to existing shareholders long time ago.
3 years ago siaf was trading at 12? Or more? U losing has nothing to do with drinking beer and everything to do with solomon.
Thats why i said the 100musd is the key to success.
But u know the operations much better than i do. And i know that alot is at stake for garrett so i hope he is able to steer solomon in the right direction. But we need something to happen soon, we have been waiting 5+ years already. If we had put the same money in amazon, netflix or google we would have been rich by now.
We know that the optimistic scenario wont happen with solomon. Lets say its worth 80-100k. Very disappointing since most of us payed at least 80-100k for our 20k siaf shares.
I hope u are right. I just want siaf to also trade higher after the trw dividend. Going back to .3 wont be fun.
I believe the market will give a damn.
I believe siaf will trade a lot higher both the day before and the day after the trw dividend with a 100m trw loan
Then u got the wrong impression. TRW Is why im here. I think a loan of a 100 musd would be a bigger boost than the actual dividend at this stage.
It would be a major boost to operations, enable a higher siaf dividend, buybacks, no collateral shares etc
Of course i want triway shares, the fish is why im here. What im saying is, at this point in time a solution to trw financing problems is more important than the trw dividend.
I agree, but as i said financing is the biggest issue for me. If we ever get trw listed its valuation will be based on performance not if we list in hong kong, stockholm or the us. And what happens if hong kong rejects trw application?
i dont think we are that close to the megaloan. Hope im wrong. I would also like to see some insider buying, is Tony a shareholder? I know nisse isnt interested in buying more.
And i wish the wheels would turn i bit faster at siaf, a bit more like the rest of china.
Yes we are far away from a trw listing, lots of things can go wrong on the way. Knowing solomon some things will go wrong surely.
Anyway I dont care about the trw divident at the moment. For me the megaloan is the key to success for siaf and trw. The loan will end dilution and do alot for trw operations.
Without financing I dont think much will change in the foreseeable future.
It is to me together with the other things i mentioned.
We dont need hong kong, as long as trw performs we can list anywhere. They listed siaf in norway because of the fishing industry, how did that work out? We dont have a premium valution because the company doesnt perform.
Well i cant have trw in my ISK account, since its unlisted and you cant have honk kong shares there either. That is very problematic for me.
And its not a false rumor. I probably need to call my broker to place orders, i want to place orders online. Most of the hong kong trading hours is when I sleep so I cant follow the market and my broker is probably closed so i cant place live orders anyway.
Its 100% nr 2.
Why would anyone give solomon 100musd to play with?
There is a plan but they need money to execute