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.
I thing we are lucky to have planted Immortal flowers. Except they die every year.
The sad thing empty, is that the ceo is an accountant (or at least that's what were told).
Not a milk man
Not a cow man
Not a slaughter man
Not a seafood man
And when I show tve pics from the hall to my RAS guys, they wonder where the oxygen cones are, the CO2 strippers, the bacteria & mecanical filters to avoid HS2, the aeration of ammonium.
Tony got me. I trusted him. But he knows the figures reported are wrong. They are working on the basics. It's sad, we all expected CA to change the farming practice in many countries. But CA had no employees imo. And technology? How to gas fish to death?
The pain loosing my savings on this is terrible, but even worse to see forum friends suffering
Buying SIAF has been like buying a food store after reading about the $800 mill worth of grocery inventory.
And while you are reading the books, you slowly die of starvation because no one opens the front door and let you in to take a simple bite of an apple.
All you see inside behind the curtain, is a old, small Chinese guy working with accounting.
The reason they say they don't control TRW, I believe is because they in the next excuse depend on TRW to not deliver cash divi as promised. But Solly is in total control of TRW.
Sorry, I hope I am wrong and wish you all the best snow.
1. Let Solly give them a short term loan, like the money he received in 2017
or
2. Delay supplier payments
Hey, didn’t they tell us in Q1 to "apply a opposite approach" regarding share issuance?
All we get is dead fish from the CA technology (Superior APRAS) , exportable, scale-up, but without aeroation of nitrogen.
Now they are starting over and trying to get the basics right.
Don't trust them.
O/S over 46 mill today. If my company was close to a $100 mill loan, I would stop printing at 1,5% of book.
Their actions doesn't support what they ask us to believe.
Printed 20 mill shares since announcement of TRW divi last summer.
Take note of this part.
Even Jesus only managed to feed 5.000 eith seven fish.
But now we have Solly...
Anyone planning to lend Solly $100 mill will "get" a new job.
All land is leased and state owned. They have told us it's not usable for collateral.
But today the leased land expects to secure a $100 mill loan.
Halleluja
Planting fruit trees in Q2 and getting "significant cash flow" in Q4. Thought it took years for new trees to give fruit?
New trading division $100 mill revenue, 17% margin, easy as that. Thats $17 mill in margin. Well over the market cap. Avg in Norway for seafood exporters is 1-2%.
Still they say dillution must continue into 2019.
This is so frigging provocing.
Empty, I commented on that before. They talk like TRW has to deliver in order for SIAF to hold the promises. Smart move.
Guess what company gets the blame when there is no cash and stock dividend...
How about applying it on CEO and CFO level also??
Only people at their competitor use linkedin? Whats the odds? It's not a China-thing to not be on linkedin.
Try ZHANJIANG GUOLIAN AQUATIC PRODUCTS
Thanks. I would also like to hear the answer from Peter. Let's wait
Maybe Peter can answer..
Aandt, you will not find him.
RD, there is a new guy in SIAF. Check linkedin. I have asked them about the lack of staff there. Seems like it's fixed :).
Study the CV. Very impressive. Makes you wonder at what age that guy started his studies.. Got me worried a bit...
We lack some items from 2017 agm:
1) Adoption of a share buyback program,
2) Adoption of a dividend policy,
3) Formulation of outstanding share count guidelines,
4) Election of Directors,
5) Extending ECOVIS as SIAF's Certified Auditor for 2018.
Article claims one of our BOD committed theft from Pontian group as member of the board: https://sg.style.yahoo.com/news/felda-sues-12-former-pontian-board-directors-including-075015738.html
But hey, Mr. Soh Lim Chang (Anthony Soh) is probably full with integrity now.
If a company has no operations or assets, how could it have a need for services? Are you changing your view?
Are they making TRW responsible for the dividend now, and preparing excuses?
"Hello, this is Solly calling from SIAF". "OH hi Solly, this is Solly speaking here as well - the ceo of TRW. How interesting of you to call yourself to speak about the overdue dividends". "Yes, we need to find a new a new reason to delay the divi, so the printing can go on some more". "We in the big management at TRW will together with all the partners help you out Solly"
As alluded to in our Form 10-Q for the period ended March 31, 2018, the Company has been in communication with Tri-way on a concept / plan that allows our common shareholders, eligible to receive dividend, to receive 18.3% cumulative ownership in Tri-way that does not impose a tax-liability to either company. The outline of the distribution plan will be made public by Tri-way in the next few weeks. Essentially, we believe that there will be two (2) scheduled distributions whereby, under each distribution, SIAF shareholders in exchange for Tri-way debt held by SIAF will receive convertible preferred shares of Tri-way in an amount equivalent to $3.41 per share value of one common share of Tri-way, the number of preferred shares to be received in book entry form to be based on the number of SIAF shares held by each eligible shareholder as at / on two (2) separate Record Dates, the dates of which shall be announced by Tri-way along with possibly their Conversion Dates announced, simultaneously.
The devil is in the big picture RD. Don't you ever forget.
Glad you enjoyed it :)
A year ago they harvested 8.990? tons of seafood. Even 99% of these agro companies are scam, they chose not to take one single photo if the 350 trucks loaded with seafood. Why bother?
The CA engineering company exporting know-how - but impossible to find on the internet. Their only contract ever was thorougly PR'd, but it was to themself. A $50 mill contract to a company established the same year. The mega farm. Was not ever paid a dime for.
And now, dividends? Sorry to say, but Solomon is a swindler imo
Why should we expect him to care? I have tons of bad experience in China. They have stolen tons of technology, screw you on quality, size, weight, origin. Or all of those at the same time.
No honor in China, just me me me and money. Love you long time.
Thanks for letting me know. I have now deleted my self as a moderator.
I hardly have time or space for siaf anymore.
RD,
If we end up wanting to sue here, shouldn't we consider Ecovis? I bought in with the safety from the strong books. Now I don't have too much trust in any figures they use in the reports, and I blame the auditor for putting me in this situation.
And maybe the auditor is the only one with money, but they are escaping as we speak...
So solly got us dilluted into 40 mill shares to pay suppliers. And now buys restaurants?
He's giving us a "golden shower". And I don't mean money nor gold.
Black, is this no cure no pay basis?
Have you considered going after the auditor? The reason I bought in was the high security in the balance sheet. And the coso progress.
Then nothing positive haopened, and all we got was dillution and dumpage.
O/S 39.304.156. Come on solly, bet you can't reach 40 mill before Saturday.
The suspicion I have had, is that they are "getting away" with downsizing the book piece by piece, instead of admitting it's mostly rotten and constructed for other means.
So the segments keep "failing" and all "cash flow and investments" disappear with market "change".
While doing it, the dillution is the cash cow.
Still, looks like they are building real business with TRW. That's our major hope
Any timeline on below?
"The Government has agreed to support SJAP in an effort to procure listing on the main board in China, either in Shanghai or Shenzhen, subject to SJAP’s performance. This, as opposed to seeking listing on China’s 3rd Board, the NEEQ. If SJAP does list on the main board, it will have “domestically listed foreign investment shares” available to enable our foreign shareholders to trade their shares, globally.
The Management of the Company are proud that the Government is recognizing SJAP for its efforts and counting it among an elite group of agricultural companies. "
Maybe he spoke the truth. It is the ladt resort...
The crybaby Hansson appears as a genius today. Stop loss around $7-8
But Christmas trees go for 800,- a piece at home. We're rich!!
Handla, on the CC we heard all fish died (aka nitrogen, lack of technology). For me Trw is all left. CA? Worthless. Receivables to TRW for delivering "technology"?
Are we know at the point where classic pond production is our best option? I might have missed something.
Keep focus on long time goals. It eill pull you through, nef.
We are all stupid investing too much this mumbo jumbo Chinese shit.
You just had more to lose
New O/S 38.627.118
Didn't take long.