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Im not saying i expect 75% of triway. Im saying that i expect much much more than 19%.
The BOD is greedy right? Why would they all of a sudden change and let go of 80% of the BIGGEST thing ever for siaf?
Its sometimes hard to understand you. You have your own theories about everything and when you are proved wrong u just cant admit it, just as you were today about 51% in siaf and 51% in triways = total control.
You cant see the logic behind spinning sjap before triways and since its not your theory u just cant change your point of view.
U downgrade the stock just after they get the biggest (my guess) loan ever a chineese otc company has ever recieved.
I have been following this board for years, im a shareholder, but i havent been an active poster and i dont intend to be. I dont like to argue its a waste if time
Of course they want more than 19% dont be foolish.
And i have told you how they are going to maximize our ownership by spinning sjap first.
Its all very straightforward and logical.
We dont need any drama here, we all want the same thing, solomon has just choosen to take a completely different way than the rest of us to get there.
I am not sure i agree.
If triway is bigger and more profitable than other aqua companies listed in oslo, over time triway will catch up when it comes to valuation.
Siaf should have listed on a swedish mtf called Aktietorget since oslo börs didnt let them in. Merkur was a big mistake. There are so many companies listed on Aktietorget with higher valuations than siaf but with operations nowhere near siafs. Oh and there are no institutions investing on Aktietorget.
There is so much capital in sweden right now and siaf has missed out on it.
If you can have a dual listing in HK and Sweden/Norway/US that would solve the problem but to only list in HK doesnt make sense. Whom of us existing shareholders can trade on the HK exchange?
I think you are confusing things. Yes siaf will own less than 50% but we as shareholders will own more than 50%. Why? Simple...
If siaf owns 75% of triway, siaf will give us shareholders a dividend of at least 26% of triways. Which also is necessary since you cant list a company with 2 shareholders.
So problem solved.
If we list in HK and if solomon has to consolidate his ownership in triways for example 80% in siaf and xx% in triways he could decrease his a-shares so that his consolidated ownership in triways is 49.9%
So problem solved and solomon would still be in control if that is his ultimate goal.
I dont want 19% ownership, that is just crazy, i want 75%.
Oh and im also very skeptical about listing the company in HK. 99 % of the shareholders live in europe or the us. How would we be able to trade our HK listed shares? So the company could be listed in oslo/stockholm/us.
Why would solomon settle for 49% instead of 75% just to list the company in HK? Doesnt make sense
Look, there are several ways to make sure we own more than 50% of the aqua. I dont know which way the company will choose but they will of course maximize our ownership in the aqua. The company is all about the aqua, the rest doesnt mean anything to anyone.
If we can own 75% of the aqua why would solomon settle for 49% just to keep his a-shares? He would personally lose milions and more milions. As said before, he is not stupid.
The reality is that even if Solomon controls 49% of siaf, he would still be in total control of siaf. That is a fact. So easy fix, Hong Kong problem solved.
Hahaha obsessed? This is probably my 10th post ever. I guess u are over a 5000 posts.
So tell me, who is obsessed?
There is so much drama in this forum, reading all of the speculations here im sure we could sell siaf as a soap opera to netflix.
Of course there is a BIG reason they are planning to spin sjap first.
Solomon has been accused of being many things, but being plain stupid is not one of them. Spinning the aqua before sjap is just plain stupid. Siaf would then have missed the opportunity to maximize ownernship of the main attraction, the aqua. And really, what would they use the sjap capital for then? Giving us 1 usd dividend? Invest in the flower business? Of course not.
Siaf will follow their planned timetable, if one action is delayed then the rest will be delayed. Dont make a big drama of it. Its really simple.
Read my reply to your last post, that is the fact. Handlamera is right.
If Solomon has over 50% of SIAF and SIAF has over 50% of Triway, Solomon would be in total control of Triway. No doubt about it.
That is irrelevant. The company has a timetable
1. Spinoff and list SJAP
2. Spinoff and list Aqua
They want to do it in that order for a reason.
If SJAP is delayed then the Aqau is delayed. The will do it in the right order. Simple as that.
So what do you think they will use all the capital they get from SJAP? Simple, to increase ownership of the Aqua. That is the plan. Settle for 19% or 37% of the Aqua after all this time and hard work? No way!
The Aqua is Solomons baby, he will maximize siaf ownership before spinning it off.
Simple as that
According to SIAFs timetable they are spinning off and listing SJAP before spinning the aqua business. Why is that? What do you think they will use all the capital they get from SJAP?
Dividend?
Buyback?
Increase siafs ownership of the aqua part?
Lets hope we get more than 18%. This loan is bigger than ecab and its not convertible. But i think it might take some time for the market to fully understand what just happened.
Im glad you still have a significant position. I dont post here alot but i said that q3 would be good and that the loan was still alive. Im not that into sci-fi speculations...
Even Joe said he would buy if we got then loan....
Fantastic news, lets just hope it has a big impact on the share price. Just too bad you panicked a couple of weeks ago. But i guess its no too late to buy
The past has unfortunately showed us that there is plenty of time to buy even after we get good news. However If we get bad news you need to sell quickly.
I hope management gets some tough questions during the cc
I think the market is waiting for info regarding the loan and spin-offs. Before we get that i dont think the share price will move that much. Hopefully we get some good news during the cc.
Nordnet is very big, im certain that most swedish siaf shareholders trade through nordnet and avanza than swedbank.
The company can use the capital they get from the sjap listing to increase their ownership in the aqua business.
IF they are able to list the company in a couple of months I dont think sjap will be trading at p/e 1 if the rest of the sector is trading at p/e 30.
For what its worth i dont think solomon has spent the last couple of years building the company to settle for a minor stake in the aqua business.
Lets hope its a good year for the shareholders aswell.
If they get the loan and if they list SJAP and get a reasonable valuation?
I know its still alive 100%
Plz tell us when they did it before
You have little knowledge about regulations and how the market work. Thats how i see it. You spin everything negative atm.
I guess u emailed ir and asked then? Or on the cc? What did they say?
So check q3 on monday. Email IR and ask.
Most probably only collateral for a loan
I dont think its a requirement, i think its an idea from kcsa and i dont think they would do it without presenting some positive news...
Are u sure he has converted?
Yep! I guess we can expect some good news before. Why else would they start doing it now?
Why would they help with they Q reports? Would be a waste of money. They are a pr-firm. Not an accounting firm.
Are they issuing more shares?!?
Spot on! Its created by people with zero knowledge...
How anyone could have voted for trump is beyond me, but will siaf benefit from trump when it comes to the beef imports?
I agree with most of what you are saying. The loan, the spinoffs, PR and we know they are working on all of them. The a-share problem will disappear with the spinoffs.
The company is trading at pe1? So of course its panic...
It has nothing to do with the loan or quarter... people with no inside info are just panicking
They made a big mistake listing the company on merkur, they should have gone with Aktietorget since they couldnt get onto First North. Then the company would have gotten much more exposure.
No one knows about the company so how could anyone invest? That is a big reason for the decline in pps.
Yes you are right, its 45 days on otc. Didnt know that. However a lot of swedish listed companies report closer to 60 days after Q end so 40-45 days is good enough to me.
Who cares about cassandra? It shouldnt take more than 8 hours to go through their financials... here we can talk about a fraud and a management completely full of lies and deceit..
What do you mean the last reporting day? A swedish listed companys last reporting day is 2 months after the Q has ended. If the same applies for siaf that would mean the end of november.
So if siaf releases their report tomorrow its still 3 weeks earlier than the last reporting day.
So i dont understand what you are talking about?!
If siafs finacial calendar says that the report is to be released on nov 9, why would they release it earlier? You dont make any sense.
You just find something u think is negative and u spin it.
Yes maybe the cc should be held sooner than a couple of weeks after the release of the report, but what difference would it really make?
Must be a swedish insider ;)