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I don't think anyone can trade at OTC in an ISK or KF anymore. I am not too worried about them getting kicked out of Merkur tho.
Yes, that is the number of shareholders in total, including kapitalförsäkring and ISK. The filing avanza have to provide siaf with is for Kapitalförsäkring alone.
Wasn't the cheap meat coming mostly from Argentina, Australia, and Brazil?
I’m hoping for the best and will keep my fingers crossed, however I wasn’t super excited to see the loan get extended or those bloodsuckers back on the ask, that means in my eyes that not much has changed, but as you say most people will not take profits until 2 bucks. As soon as the dumping/manipulation stops this stock will move up rather fast, and it’ll always create an hype when that happens which will probably take it up a bit further. I wouldn’t say that I’ve seen a lot of buying power so far, in dollars it’s not been much to talk about. We’ll see what will happen on Tuesday at the latest I assume. Btw, it’s pretty amazing that 200 k can swing this stock up 80%. I guess a larger loan could create some serious gains from this level.
The guys behind all the t-trades and the guys behind why there’s 3 million more shares in the free float. Call them whatever you like.
$1.20, I would be surprised if that happpens, but I hope you’re right, I still have more shares left than ever before.
What’s your take on the t-trade we saw this Friday. IMO it seems like they took it up themselves in the end of the day since there wasn’t much real sellers (as they always do), but we will see. If they are repeating the pattern from before, then we will see this: merkur will do good on Monday and then they will (BMIC, CDEL) starting selling again about an hour after merkur is closed, down to like -10%, after that they will bring it back up in the end (last 30-40 minutes) of the day to around -3%. Tuesday is when it’s getting bad.
We’ll see if they repeat themselves or let it fly now, I really hope siaf will get the loan soon, otherwise they can basically do whatever they want with the SP IMO. It’s not like siaf has been providing any good news lately more than the news that the loan that was expiring got extended. If we would have seen both of the loans getting paid off then I think they might have had better chances with the larger loan but we’ll see, they could absolutely surprise us which it’s about time for them to do. They seemed more optimistic this time, and it’s a lot of people here who deserves something good to happen.
Nah, it was the old 100 RMB ABC loan i was referring to that probably helped them to be able to buy the boiler.
It looked like retail to me
Well, he basically "took" 19 million dollars from the company, paid 1 million for it, do the math.
We have seen dumping during the last years, that’s a fact, how would you otherwise explain all those new shares we seen. Only Avanza and Nordnet owns more shares than the free float should be at. On top of that we have seen Garrett buying heavily.
Well siaf didn’t had all the loans back then, and siaf made more money too. The beef is just in a standstill right now and back then people was looking forward to the MF project Solomon was talking about. That was a mistake if you look back.
We have to consider all the loans now, there’s a lot of debt to pay off in the next 4-5 years, in my opinion without a bigger loan with good terms it will be a challenge for the company to be able to pay it all off, just look at this tiny US loan.
ECAB totally screwed all of us, and we should probably call FD names instead of Solomon.
Hell no, I hope ECAB will stay far away from SIAF.
Yes, that's probably why the shorters/bashers are here, how hard would it be to sell some assets, or get back some of those receivables.
We should see some explanation about the receivables soon I hope.
As I said, they better get that loan soon, or at least stop the dumping because it will kill the stock even more.
That was what I hoped not to see, it basically tells me that they don't have a single dime over for chocolate cake as a dividend.
What I have also been worried about is that Solomon took out his personal money, that interest-free loan would basically solve most of the issues with this loan.
It has to be Solomon who's been issuing shares all the time then, or top-up shares that's been sold, so he was basicly lying to us when we asked him about the dumping? And then he stopped having real CC with real questions.
They better get that loan ASAP.
https://invst.ly/73pnm
It doesn't mean anything yet, it's normal that it jumps up above the trendline for a short while, (this is also a very short term trendline, it did the same for the lower trendline) I would like to see it break the black line (MA 100) and close above it for a couple of days, that would be a much better indication that it will continue up.
By then we still have the longterm upper trendline to break, which will probably be even more difficult.
Nothing has really happened in the company yet, we need a loan and the dumping needs to stop, otherwise, there won't be much different around here IMO.
As you can see on lvl 2 the bloodsuckers started to line up as soon as we went up there in the 70 area. I really hope this will stop soon.
Yes, I agree. They need to address the issue, and everyone has been saying it for years already. I hope they will show more transparency.
Sounds illegal.
Time will tell I guess, I am hoping for that loan to arrive soon. That would solve most of our issues.
Either he's smart and knows something or he's incredibly stupid :)
This is usually when the top is, I really hope they're getting that loan, but I am not holding my breath.
Let’s see if 4,5 nok was the top for this time, or if they actually get that loan.
I think Högseth was pitching the stock to a lot of clients so it would be like shooting him self in the foot to be a part of the investigation.
FD was pitching it to everyone first and used siaf to basically get a 20 million dollar position in the company for free. I don’t think any siaf investor likes him, and that’s probably what Finansavisen should be writing about in the first place, it explains much more why everything went to shit.
30-5 =25
25-16 = 9
20 x 10,5% x 4 = 8
Basically in the end FD paid 1 million dollar for 20 million dollar worth of loans, and who knows if he will try to use that position to take over the company. If siaf have to sell assets he’s the one who will grab the money before us ordinary shareholders so they better get a loan before it expires.
Do you really think his short? Why address SEC and Merkur then? It raises red flags for him as well.
There's more pressure on Solomon now, and it would not be a great thing if it got delisted at Merkur
T-trade of 45k, I guess they’re still dumping shares
I think it could get bloody at merkur tomorrow, I don't expect him to been shorting Siaf since he's the one who is reporting to SEC and Merkur.
4 million dollar is 4 million dollar, these guys don't like losing money. It's going to be a interesting day tomorrow, if we're seeing a high volume day with a close of the SP above 3 NOK then someone has used this to their advantage.
I think he bought his shares around $8-12, let's say 10 bucks times 327 000 shares.
Svein is probably the next guy to cry out in the newspaper. Arne "only" had about 327 k shares if my memory is correct.
There's a risk that they will get kicked out from Merkur tho, that would not be great for the company.
How do you know about this?
I don't think so either, we'll see if we get a t-trade today as well.
I think things will start to pick up the speed as soon as this Q report is out.
Not worried about the last Q, Anthony stated that we should see similar numbers as for the last year if they don't get financing.
Q1 2018 should be looking much better, they stacked a lot of fin/mixed fish in Q3 2017 which was harvested around the Chinese New Year in February. (6 months cycle)
Okay, I don't really care if they write off 100-150 million in assets, it's just ridiculous anyway with this SP. I hope they will file the 10K on Thursday or Friday.
Loan announcement the 17th and CC on the 24th.
The share outperformed my prediction about 42 cents today. :)
If we get the loan we should see a share price of at least 2 bucks with more to come.
I don't see why it would be in the NT 10-K? They don't show profits there anyway.
I agree the dumping is all I care about at this stage. Hopefully, the dumping could be gone now since it's a new Q and the loan(s) assumed to be paid.
$181,183,609 in revenue, not too shabby for an $11 million dollar company.