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.
Is it with or without Triway, if without, when will we know the profit from our share there
Pps is down 90%, we have another shit report to be published, why not spice it up by delaying it to show how few fu**ks is given.
im so dissapointed at this company. They cannot do anything right and feel no accountability. The pps is a reflection on how they treat their shareholders, they need to understand its their responsability.
They have accomplished nothing this year.
looks like we have to wait to tomorrow?
Good luck ! Im sorry to hear, but as you said maybe it is best in that case .
Its not about one event. Its all in all. 99,99 %of all companies manages to get a PE of >3 by just acting avarage. No trillion dollar loan, no carvout.
Why did we have a late quarter if he heard this? Why did he say 6-7 weeks?
Can you let me know who have told him this? I feel there is ton of ppl here that complain but i'm not very sure Solomon goes in here and reads.
FD is still working with Solomon to explain him normal manner in how to handle the financial market. So no, he is good with his shrimps, but he need to understand that these "small" things contributes to the pps fall, becouse the whole company looks like a joke.
What current circumstances are you referring to? And why would not shareholders be alowed to express their disappointment after 90% pps decline?
This is completely unacceptable and that he needs to understand. I'm not sure he does. There is no CEO appart from dictators that would survive a pps decline of 90%.
He is an dictator maybe an revolt by the ppl is the only way for him to start care about the shareholders.
It is really simple giudlines he need to follow to not be at PE 1, it's not only achived by billion dollar loans or several carvouts. It can also partly be achived by just operating, communicating and behaving like a avarage company.
I hope it's his private and he is not using it when sending in material for the 100 million dollar loan...
solomon.lee1@vip.163.com
And no, it's not even a joke
Just sended a guide to Solomon, I don't expect him to answer but maybe he at least reads it :/
Fix the sound quality on CC
Get the quarter reports to SEC in time
Allow open questions during CC
Don’t communicate that we will have the x-date 1 of July, we are now close to the year end.
Don’t tell the shareholders we will have a loan of 100mdollar within 8-7 weeks. Now 8 weeks has passed.
Don’t say that we will see improvement on SJAP and now we have the same revenue as Q3
Don’t say that you will not to be part of management at Tri-way and then we see that you are both board of director and managing director.
Get rid of the colladaral shares and never print shares again.
Fix the cash flow. Don't invest every penny. You can go bankrupt at any time if continue like that. You will also never gain any trust
Agree 100%, he must have been asked. Who would do the job better then him.
I have been thinkin about that several times, what happen in this guy pass away, who is the next emporer, are you sure S junior is not goin to take over?
Guys, write to IR and S instead of on this board. Let them know the frustration among shareholders. Stock is down 90%, no head has been rolled, nothing.
But the loan you are talking about is for triway not Siaf, so how does it matter how they are communicating the Siaf result.
Poor performance is for SIAF not Triway
And the 100 mdollar including "Triway"?
Is the 45mdollar excluding Triway, how much is the revenue for Triway approx?
What you are talking about is that S is a hyper time optimist. Changing direction every other week and never respect the deadlines. I remember when SJAP was going to be carved out first, then it was changed to tri-way, latest CA will be listed first. Maybe tommorrow, S wants to get HU listed on Mars stock exchange or open a hotel chain just serving beef, we don't know.
But working to slow? As far as i'm concerned they have built up a significant sized company in a "few" years.
Should we really need CA to get higher margins . We have assets of 20-30 dollar per share. With ROI of 5-10% we should have 1,25 - 2,5 dollar per year.
Have there been any new shares printed since the pps increased last week. Or did it stop as it supposed to?
Since we have ahs higher prices than OTL for more than one week. Has no new shares has been printed so far?
DNB is buying, 8000 in less than 10 minutes. Did it ever happend before? I feel like they where always selling
How do you know we can expect good numbers in Q3 report?
Agree, anything less than 100% and im a strong buyer
Ks, could you clarify, how do we know that they have printed stocks for all the lender ? If so, I agree, there has been no breach of contract.
I agree, i'm confused how many here belive the shares have been sold and will be paid back. The whole is thing is just speculation. The most likely is that no shares been sold, if it have, there is many ways it could have played out and there is no garantue that any will be purchased back.
I'm not sure why he is not " more pissed at S" but he needed to hold back the investors and convince them to not sue SIAF. He is heavily invested in many ways so the best is still to try to unlock the shareholders value even if S is diffucult to work with.
So the conclusion should be that it is very unlikley the stocks is sold. And if they are we should be celabrating if we can get them back. Again, paying back the loan would, decrase loans, decrase outstanding shares and create a buying power.
It would be 3x effect to pay these loan = pps skyrockey.
I have had long private discussions with Fredrik Danielsson. So groundless, not sure.
Groundless is assuming a company sells tonnes of stocks just to buy them back. There has been 100s of posts in this forum assuming so and non of them assumes the most logic in that case, that the contract is broken and not followed by any if the parties.
The topic is though not very important if you are a long term investor.
Ask Fredrik Danielsson, why ddn't they pay him? IDK, but Solomon is not an ideal company CEO. I own alot of shares myself. But for me there is almost 0%. chance that they just decided to start speculate, it is not worth debating. There is 2 outcomes,
1. Nothing have happend, no shares are sold
2. Shares are sold, contact broken by both, no shares will be given back, no money will be givin back to the lender
Becouse he might have not paid the interests or similare. That is what happend to Fredrik Danielsson
If that is the case, S would be smart enough to not launch a buyback program but instead paying back the loan, maning the lender "buy back" instead, plus decreasing the outstanding shares and minimize the market speculation on what is happening with these colledaral shares.
The fact that S is talking about buyback is a sign that he is sure paying back loan will not couse any lender to start buying.
If the shares are sold it must be becouse S broke the contract ot similare, if they are sold there is no way they intend to buy them back. Thay are not that crazy to spaculate like that. We will not suddently see a buyer power of 1 000 000 shares, it is unrealistic.
I bought 4000 stocks at 12,5 nok and 10,5 nok.
IMO 150 dollar is very optimistic, maybe even naive. Fair value is 10 dollar, if everything goes very well 50 dollar might be possible. Through, management is unpredictable, trust need to be recovered and some triggers before it can turn upwards.
Dutch, I think his point is that statistically the stockmarket goes up and you have an avarage retun of around 7-10% per year. Even if you pick stocks blinded. The purpose of a company is to make money for their owners, so by beeing an owner you will on avarage make money.
If you are seeking a higher ROI than 7-10% then you need to have an edge.
Is it a warning sign that we have several people here that have lost a fortune. Is SIAF another of the traps that greedy people get stucked in.
I love the idea that I can make 10x-50x on this stock, but there is also something called "to good to be true". I keep buying shares at this level all convinced that it will turn out good, maybe i'm naiv :)
Snow, did you get that wealth by investing? Did you invest long term or short term? What did you learn? Would be interestering to hear little of you story. I'm myself 27 years, I just made my first 100 000 dollar while studying. Invested around 30% of that into SIAF with the hope that it can grow to 100 000 - 1 000 000 dollar.
Sorry, 12,5\0,04=31,25
How have you lost 94%, that would mean ur avarage buy is 1,25/0,06 = 20 dollar. Has it ever been at 20 dollar ?