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I could disagree with you more. I cant understand your reasoning at all.
According to you no one in management believes in the company since there is no insider buying.
I agree with empty 100%, we are trading at an all time low and still no insider buying. That is unacceptable.
Dan, Solomon and Nisse should all buy shares to show confidence in siaf and to support the share price. But management is not interested in bying the daily printed shares, they expect us to buy it and to support the share price.
Haha Solomon has mislead us numerous times. He has never been upfront with us with anything.
We have been lied to by solomon for years. Something most of us missed during our DD. Apparently you didnt miss it and knowingly invested anyway.
Haha are u payed by siaf or jf?
Nice :)
Stickpicking is not nisses thing, sadly.... as a jf-member, im very dissapointed in him.
I never said siaf is worthless, just keep going with your lies.
Sure, but im tired of the lies, all the nonsense, the carrots from solomon. We dont need more of that in the forum from handlamera.
Of course there is a chance, we need the loan badly and we dont get the full picture from management.
I really dont want us to have to wait another 5 years. I have told nisse what i think and what i expect from him, but i think he is tired as well and that his influence is very limited.
Too late, im down 90%. If i had known at -50% what we know now, of course i would have sold. Now its a lottery ticket.
Just stop with the nonsense
U dont lie? U claim daily that none of us has lost any money on siaf. Still the stock is down 99%.
U guess? U have been dead wrong about everything so far. Your credibility is close to Zeros and Joes
No indian is what i heard
Why? The banks are not chinese, right?
I really hope i are right
However the dividend is made possible by dilution. Dilute at 55c and pay a dividend of 5c. This is madness in itself.
That is a big IF.
Everything is solomons fault, the market has 0 confidence in him. So dont blame market.
Dont blame the market, blame solomon. He is not giving the market any reason to buy.
Didnt u just say 2-3 days ago that the bottom was 35c?!? And i said there is no bottom?!
Sound like its time for a lawsuit?!
So another 4m shares will be issued? Just awfull. Time for a lawsuit
Hope has all to do with it. 12 months ago u probably said that 5-8usd was fair value. Now its 2usd, and solomon has been working hard all year.
Maybe in a year u will think 50c is fair value. Because with siaf u never know. TRW could be doing great, we could have 60m outstanding shares, ecab might want more compensation for dilution, garrett might convert to 15m shares etc etc
I think what u are saying is that when it comes to siaf u live on hope and that is not rational.
This stock has no floor, how can u say its 35?!? If solomon dilutes us with another 10m shares, do u think 35c will hold?
The rational decision is to find a better investment, siaf must be one of the worst out there otherwise we would be here. Solomon will find a way to destroy value, one of the things he seems to be good at.
RD, we are only living on hope. We dont know when dilution will stop. We dont know the status of the loan, we dont know what solomon is hiding from us. We do know he doenst care about shareholders and creating shareholder value, we do know he has failed to execute his plans xxx times in the past. We know he is constantly lying to us.
Objectively we should all sell now and find a better investment. That would be the rational thing to do, not living on hope.
Im more and more in favour of a lawsuit. We are not getting any younger, we will probably still be here in 5 years debating dilution, dividends, buybacks, upcomming mega loans etc.
Good news like what?!?
Im not too hopefull in spite of the dividend. Seems like solomon is just issuing new shares to be able to pay it. Just sick!
Its also sick that he is issuing more shares than ever, we will never reach 1usd like this.
I dont think much of nisse anymore. I am a jf-member but i might leave this year.
Also Garrett is gone from the forum, hmm wonder why?
According to jyyoo solomon is apparently still hopefull and the loan is in the final stages. Probably more lies.
Nisse is not interested in buying more. He is down too much. This i know
No one is buying aggressively, thats why the share price is going no where.
Why do u refuse to update us on the loan situation?
Nisse deserves a lot of blame for hyping this POS. And he doesnt take any responsibility for it.
Jyyoo, can u please update us on the loan status. Is it still in the final stages?
Just stop posting your nonsense here
12c? Its 5c, right ”near term”. U cant start adding several years of dividends when u calculate yield. Then we can say that the yield is 100% u just start adding dividends for the next 5-10 years.
Only losers reason like that. Then i guess u can hold on to siaf until u die without losing anything. Smart strategy...
30% yield?!?
I dont think nisse is interested in buying more. He is has lost more than all of us, although i think he should buy to show support
Didnt u say they cant?!because they are insiders?
Can u please update us on the loan status, is it still in the final stages?
Jyyoo,
I have asked you at least 5 times, where is the loan. You have been claiming that its in the final stages for over 6 months...
But u continue to avoid my question
Well deserved i might add.
Solomon has lied to us/u repetadly, is the loan still about to close any day now?!?
And still no gain in share price. Does solomon ever give some time off? Vacation?