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I'm pretty sure a large part of the shares have recently traded translated from Sweden.
This is due to a host of other shares increased in value and it has now used the SIAF shares to settle off this capital gain for tax purposes.
The shares were sold before the new year have subsequently been bought back, now to a cheaper purchase cost.(Google-translated)
Is this a possibility?
I'm wondering, if SIAF fails the N Q listing, isn't it a possibility that SIAFS buy the whole SIAF and then, voila, this is a swedish company. This because of the rumour that SIAF will close down in US short after listing on N Q and afterwords only will be listed on OMX?
JF back in Sweden today writes: (mostly Google-translation)
SINO AGRO FOOD - SIAF [ 2013-12-20 17:11 ]
As everyone knows, JF due to insider rules not comment on the details of that company and , therefore, here are some brief comments from the 9-day assay run where among other managers from several European countries were using + JF's current and possible future board working people (in various companies) and the Board. Written by one of the participants .
Almost all of the facilities and projects inspected , one was not achieved and seafoodstorehandling and ditto wholesale neither. Three of restaurant chain (now 6 ) units + steak house in Xining beefcowfarm were tested .
That Chinese people work faster and more efficiently and with better quality than Europeans , we knew before. This could we underline . This odd group that analyzed through activities most corners pronounced each one is surprised at how good the business was run . A lunch at schrimpfarm -2 showed the shrimp that is already leading , after a few " giants " of top quality so did not need to reason about it , eco- cultured under roof. Half the group proved " the tale of the pure water in the cultivation units indoors " by DRINKING water and all was fine afterwards. Extremely unlike ALL OTHER cultivation of shrimp from Asia and grown in bacteria farms / contaminated outdoor - dug basins , with little or no water . SIAF 's shrimps gets new purified water 60 times / hour. The potential here for the schrimp division was considered extreme - this is also the best margins. Eel and fish from the farm were also at the lunch table (including sushi ) . The score here is also max. Own meat on the steak house was so tender to perfection to the astonishment was great how it was possible to obtain - but with ekologic manured liner was part of the answer .
Yesterday the company came out with the press release that prompted reading. This describes the inception of subsidiaries in Sweden , which has many sub-headings as the Company shall think of. In the release , there were also comments on the dividend in 2012 to be determined prior to February 20 , when you last expect clarity in financial power which is the basis for consideration of dividend size o time for it. The old prominent dividend for 2011 paid of course in May.
The group is now restored to their respective countries.
Sometime during 2014, with the current time Q3- 2014, the company's directors consider doing a little wider investor trip at their own expense , for example shareholders over a certain number of shares in the form of maybe a 5 -day trip . A package including hotel / transport etc. . However, the group will be limited in number due to logistical reasons . / E
It will be in a little bit more then a year from now. NS words a few days ago.
RD
Check your Yahoo mail.
From JF:s homepage tonight:
JF (read NS) closed 21-26 oct because of travelling.
It´s NOT holiday trips....
I found on a Swedish chat-board the following (from a person who visited the meeting this wednesday):
"It happens a lot in the company. Nisse on Jordan Fund told that fish farming only is a testproject so far and that there is an incredible potential if the company gets into a strong partner and start fish farms on a large scale"
JF (Nisse) writes today on their hompage:
INSIDER BUYING in SINO AGRO FOOD: there is from JF buying done this week, which duly will be released within the rules for insider transactions.
Anyone here who can tell when this/these transacton/s has to be released? It will be very interesting to see the numbers of shares N has bought.
From JF:S (Nisses) homepage (Google-translated):
SIAF down by -6% after a very strong report but 1 cent lower earnings / share in 2012 because they had to issue new shares to finance certain investments. As soon as the Company has fixed the funding will no more shares out - then SIAF are mid 2014 cash flow positive. From H2 2014 is budgeted cash flow significantly positive.
Why should that be illegal?
He just says that the rumors about delisting are rubbish.
He gives no new info with this info.
IF he instead had agreed to that info about delising THAT would have been illegal.
JF (Nisse) wrote this night (allmost translated by Google):
Some rubbish on downgrade (listing) of SIAF you can forget. On Monday everything is business as usal again. Today`s down for the share could be an opportunity. The Company filed under the rules today for extension until 19 August - totally by the book
JF writes tonight at their homepage:
SIAF-CEO-letter on it´s way
According PR recently the CEO will in 2 weeks adress the shareholders update about the company`s operations and finances. There were also some information in the release about the company´s on-going work to get a swedish listing
"SIAF-vd-brev på väg [2013-02-26 21:41]
Enligt pressreleasen nyss kommer bolagets VD inom 2 veckor att adressera aktieägarna betr update om bolagets verksamhet och finanser. Viss information var i releasen också med avseende bolagets pågående jobb mot svensk notering"
I think there will be some PR next week.
JF (Mr Sandberg) writes on their homepage
"The period Febr 1-9 JF is on a combined tour East bound."
Most possibly that tour include a Board meeting in China.
JF writes today:
JF har etablerat kontakt ned nya grupper i världen som vardera har runt tjoget medlemmar och sitter på i spannet 3-4 milj SIAF-aktier/grupp, en i USA lett av en känd "chatsidesignatur" samt en med bas i Belgien men med medlemmar runt planeten. Vidare en grupp i Schweiz som idag torde ha 3 milj aktier men säger sig vilja öka. Med minnet att svenska kommissionärer visar sig sitta på i spannet 60-65 % av aktierna , CEO med närmaste kanske 20 så blir det inte så våldsamt många som flyter omkring - utan så snart det kommer några fastnar mycket i fasta hamnar. Går det vägen med notering i Stockholm nu 2013 FN blir det också en ny erfarenhet att se hur svenska "standardmarknaden" värderar ett vinstsprutande låg-p/e-företag.
Translated:(partly by Bing translator)
JF has established contact with new groups in the world who each have around twenty members and is in the range 3-4 mil SIAF-shares/Group, one in the United States led by a known "chatforumsignature" and one based in Belgium but with members all around the planet. Furthermore, a group in Switzerland, which now will have 3 million shares but says it will increase. With the memory of Swedish Commissioners appears to sit on in the range 60-65% of the shares, CEO of nearly mabe 20 so it becomes not so violently many floating around-but as soon as there are some stuck much get into fixed hands. If it works with listing in Stockholm now 2013 FN also makes it a new experience to see how Swedish "default market" value a high income low-p/e-business.
But the SIAF shares that are kept on normal accounts are not included in that report
That was what I ment. I´m shure that there are a lot more shares in this sort of accounts.
Btw- I have a bit more than 6k SIAF in my pension account at Nordnet..
Just a clarification. Nordnet Pensionsforsakrings AB is a subsidiary to Nordnet AB.
Nordnet Bank AB is also a subsidiary to Nordnet AB.
In Nordea pensionsforsakrings AB you only can put in money for your pension. Nordnet Bank is a complete internetbank.
I think Avanza have almost the same structure.
I myself have one accout in Nordea Pensionsforsakrings AB where I have some of my pension savings and one account in Nordnet Bank where I have my shares.
I have a lot more shares in Nordnet Bank than I have in the Nordnet pensionsforsakrings AB. This because the money are restricted when they get to pensionsforsäkring.
I think most people in Sweden do like this.
Btw-JF wrote 13 dec-
(Google translation)
JF has been looking a bit on the number of SIAF-shares likely to be owned in Sweden-it looks like the share has actually increased. Tip lies on unchanged a bit over 60%. Although shares appeared. Adding Solomon-clan 20-25% then the float manageable despite everything
I wrote here about a month ago, when I talked to Nisse.
He said at that time that himself and another person from Australia will be new members to BOD.
This message found on the Avanza message board:
JF svarar angående SIAFs planerade avknoppningar, vilka skall sättas på HongKongbörsen:
"Hej
Jag tror det blir så här – något du gärna får sprida.
Majoriteten av avknoppade bolaget behålls som högavkastande tillgång i SIAF
Resten sätts på Hongkongbörsen mot cash IPO. Av denna försäljning på börsen får SIAF:s aktieägare CASH i extrautdelning dela på någonstans runt 25% (dvs runt 50% av IPOn), dvs varje år från 2014 kommer det planerat en extrautdelning av hyfsat slag FÖRUTOM den ordinarie utdelningen. Kan bli börsgolvets (i Sverige?)högsta procentuella direktavkastning. Det är möjligt att mina procenttal ovan blir annorlunda eftersom de ej bestämts ännu – men principen blir så. Vill man köpa in sig i dotterbolagen får man göra det själv över Hongkong-börsen. Dessa döttrar är inte tänkta för Sverige – i alla fall inte i dagsläget.
Slutsumman blir att den synliga substansen i SIAF ökar, aktieutdelningen ökare rejält.
Hälsn
Nisse S"
Translated (mostly by Google)
JF answering about SIAF:s planned spin-offs which will be put in the Hongkong Stock Exchange:
"Hello
I think it will be like this - this is something you are allowed to spread:
The majority of the spin-off:ed company will be hold as a high-yealding asset by SIAF.
The rest will be put on Hongkong stock exchange against cash IPO.
Of these sales, the stock market may SIAF's shareholders CASH extra dividend share somewhere around 25% (ie around 50% of Ipon), ie each year from 2014, it planned a special dividend of decent kind EXCEPT the regular dividend. Can be exchange floor (in Sweden?) ¨maximum percentage yield. It is possible that my percentages above are different because they are not determined yet - but the principle is the case. If you want to buy into the subsidiaries do it yourself over the Hong Kong Stock Exchange. These daughters are not intended for Sweden - at least not in the current situation.
The bottom line is that the visible matter in the SIAF increases, dividend Enhancers significantly.
Hälsn
Nisse S "
The result has been seen on some of the swedish message boards.
My guess is that Solomon is selling out ALL of the 100 m. shares until this year end. Will be interesting to hear from the CC how many shares have been issued since the start of Q4 to now. When I loook at the chart from ca 21 sept to now and especially the two days in oct i´m almost shure that more shares than the 92 m mentioned in the Q3 report have been issued this Q.
I think there are many more shares in Swedish hands...
This message was sent from JF 10 oct:
JF - SIAF - SINO AGRO FOOD [2012-10-09 23:36]
Gentlemen, we have heard that somebody joker spreds rumors about JF`s holding in SIAF. Maybe we are crazy, but we in the inner circle as well as JF itself never sold one single share, only been buying when getting "too cheap". That means that "we" collectively keep our holding above 5% of the company - but under 10%.
The JF-group (the individual members in the network) last we counted we were far above 50% of all common stock. Maybe now over 60%.We like the company much and hope they soon make up their mind to quote the stock here in Stockholm, where we guess the valuation will be quite another than todays with p/e 1,00 and a direct dividend of 8%. We think after a dual listing here the stock should start with a p/e i the 2,5-5-ratio, then going forward.
All the best to our international quite many readers(and members).
JF
When i talked to mr Sandberg he told me that there were a BIG american investor (dont´remember his name but Sandberg mentioned it)in SIAF. He was "hiding" his shares by a company which I never heard the name of.
S even told me that this man was close to Salomon and was a kind of advisor to Salmomon......
Mabe any of you guys who were on the trip to China who know this man and can explane his interests and behaviours...
Can this man be the missing point to the MM:s behaviours?
Forgot...
I asked NS if he know if there are any institutions buying SIAF now.
He answered and said that Gustavia/stockpickerfund has begun to buy SIAF shares.
This is still a small fund but it will soon begin to grow rapidly because this fund will be listed in the premiepension-system in the near future/coming weeks.
This fund have the target to get 4% of the fund capital in SIAF.
Both NS and myself are going to change PP-funds when this fund will be available
Yes. I spoke to him at that convent.
Little new info:
Today I had a small conversation with mr JF, Nisse Sandberg and I asked him some questions.
I asked why the new BOD still not is confirmed and NS told me that that announcement shold have been done already IF the new listing would have been in USA BUT this has now been delayed, depending on the swedish listning.
Then I had to ask him IF he was one of the new persons who possibly would be a new BOD.
He answered yes to that. There is even a new possible member of BOD from Australia. I got no name.
NS even said that they possibly will get into BOD by 1 of januari 2013.
I asked him about if there will get any more dillution of shares.
He said that the company have a 4-years businessplan and that SIAF will continue to follow that plane. This means that there will be more dillution up to 10o milj. shares.
He also said that Mr Solomon was allergic against taking bankloans (except these loans without payning any interest rates, by the China state. This because Solomon, when he was a businessman in Australia "burnt his fingers" by bankloans.
Solomon will probably not ever get any new bankloans.
NS even confirmed that it was Penser Bank who is the possible MM in Sweden. However, there is still not any decision that SIAF will get into FN in Sweden. SIAF and Penser are still examining the possibilitys of that.
I told NS about Nordnets information earlier today. He was not aware of that and looked very happy about this information.
Then I asked if he had any new info about how many SIAF shares there are in Sweden now.
He could not give any new information about this but commented that he never had heard about any SIAF share sold from Sweden!
He said that his own portfolio was more than full with SIAF shares.
NS said that there probably not will be any new information about and from the company before the Q3 report. This because it´s now a sensitive situation in SIAF about the eventualy listning on FN in Sweden and even because there are a lot of bureaucrasy in China and US. Not so much of this in Sweden.
NS guess that the coming dividend will be 2 c.
As far as he knew the company was running as planned. NS seems satisfied about this company.
I think that´s all for now. I´m not a member of JF but NS is a nice person to talk to and he also is willing to give information to anyone. I think he gave me the information I searched for. Mabe I forgot somthing. If so, I´ll be back.
For the shareholders, preferably in Sweden, NS even said:
Look up for the BIG BANG in Cassandra oil the nextcoming week/weeks. He said this with a smile!
Very interesting information from Nordnet(Swedish large brooker), by e-mail to their customers today:
Most purchased shares in USA in october:
1. APPLE COMPUTER
2. FACEBOOK INC
3. GOOGLE INC
4. MICROSOFT CORP
5. Sino Agro Foods
It seems that even more SIAF shares now are in swedish hands...
I think it´s a possibility that the company needs BOOTH the bond AND new shares because that the company needs more money to finance an even more expanding than we know, so far.
Fantastic video!!!
Didn´t realise that the fish farm was that large!!
Chad. I would say it´s about time to show some PR...
I have an IP account at Nordnet and bought my first SIAF share at this account in nov 2010. I still not have got any message from them telling me that it´s not legal to have SIAF shares on this account.
New info from JF
In swedish:Utdelningen per 28 sept gör att sista dagen att köpa inkl utdelning är 25/9.
Ikväll kom ny info från bolagets IR/TRANSFER AGENT. Sannolikt blir det så nu att utdelningen lotsas via "proxy-kanalen", dvs ingen behöver göra någonting för att få utdelningen som blir lyftbar sista maj 2014.
In english: The dividend per 28 sept makes that the last day for buying incl dividend is 25/9.
Tonight new info came from the company´s IR/TRANSFER AGENT.
Most likely is now that the dividend will get passed via the "proxy-channel", meaning that nobody will have to do anything to get the dividend which can be lift last of may 2014.
Shurely I can see Nisse JF on the pictures!
And I don't recognize anyone in the pictures either
Now 46 m shares in Sweden...
I think you can relax a bit, folks.
Today JF writes that they have bought some more shares.
JF also explains why there are not any news from SIAF.
This because they are not allowed to do that before thay have made the Q2 report passed by SEC
It also works with Nordnet. (but you have to phone).
Interesting information!
Coming listing on Nasdaq and Stockholm!!
I think you just been chatting with HIM...
JordanFonden made 2 statements 25th and 26th of may:
SLUTSATS: somna om, allt är som det är prognostiserats och stämmer med bolagets business plan och policy.
Translation:
Conclusion: go to sleep again, everything is as it is projected and match with the company's business plan and policy.
check and translate the both statements att www.jordanfonden.com
Here is the whole presentation (in swedish). Nothing new against what we already know, except that Jordanfonden think´s it is a very strong Q 1 report.
SINO AGRO FOOD - STARK Q1 Presentation [2012-05-21 00:19]
I fredags kväll publicerades rapporten från Q1 som i JF:s ögon var betydligt starkare än förväntat för detta av jordbrukstradition vanligen svagare kvartal. Omsättningen steg (jmfr Q1-2011) med +412%, bruttovinsten med +315%, nettoinkomst "continued operations" +518%, basic vinst per aktie +300%.
På fredag kl 18 svensk tid hålls telekonferens avg rapporten där ALLA kan delta med aktuella frågor. Kvartalet är av "jordbrukstradition" bolagets svaganse - men ändå lyckades man lyfta det rejält.
Omsättningen i fiskdelen i redovisningen ökade med +611%, biffköttdelen startade detta kvartal sin produktion liksom organisk konstgödsel.
För att få en bra uppfattning om rapporten hänvisas till denna på bolagets hemsida eller på www.yahoo.com/finance.
Nästa rapport beräknas komma runt den 15 aug.
Jordanfonden has a short brief about the Q 1 result: much stronger than expected ........