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.
the selling today is mostly fake.
let's see what happens after 13th
you need to ask yourself who had the insider's info. apparently, someone knew the Oslo thing on Monday and last week
I think it might be FD or Jordan associated people. I THINK we will see 7 again.
The exchange rate from USD to CNY is now near 6.59. It may go to 7 according to some analysts. Hope that won't affect SIAF too much.
liquidity will probably depend on Hyperboy' group. I HOPE they stay in OTC. Can we transfer later if we find out OTC is no longer liquid?
I think the important thing is what market makers we will have in the new exchange.
Hopefully, next year pps will be better.
The worry is about relations Solomon has established with all those Chinese, officials and businessmen. Also, who is going to inherit the A- shares?
Oh, boy, Solomon was born in 1943, he is 72 already? I wonder who is the beneficiary of his A-shares and his common shares. Is that guy a honest guy?
you had millions of shares
, you do not want to reveal your selling action.
Does it have anything to do with AEZS? Seems not.
Emptyone, did you receive any reply from Solomon or our CFO?
i think Solomon found a new way to print money. He constantly offers collateral loans.
i rechecked relevant 8k filing yesterday night, ECAB can convert from Oct. 1st to Oct 31st every year since 2015 or SIAF defaults. Of course, they won't convert now.
I hope they have plans to defend the PPS but I am not optimistic that they are able to do something soon. What can they achieve in a short period of time given considering their track records. It is really pathetic that Solomon messes up everything when I thought we were at the end of the tunnel, LOL.
I feel that FD did not go to HK either. FD is probably sitting sideline, or may even shorting the stock. EPS of Q4 will be probably bad considering that SIAF needs to spend more money on refurbishing the work. I assume that SIAF will end up paying for the extra work.
This may very well end like other ChiScam stocks although it is not a scam. Truly pathetic.
They could convert their loan after Oct. 1st, apparently they will not do that.We will be in nowhere in the next year. I also sent Solomon an email, I do not expect a reply though.
Emptyone, buy back won't happen. They even took a loan with 2.5% monthly rate, how could they spend money on buying back stocks.
However, they could and they should make the company more transparent so that their inner circles won't be able to take advantage of us retailed investors. For example, this year, they could have told us in June that due to rain, the construction was delayed; they could have told us in Sept. the due to bad work, they need to refurbish the tanks; they could have informed us the #3.45M loan they took; and they could have informed us that they got a government grant with more than $2M; and they could have informed us that due to legal reasons that FD won't be appointed to the BOD, but they chose to do nothing. Absolutely nothing, freaking unbelievable. Maybe Carog could talk to them or FD about this. Or Maybe Carog won't since he is kind of inner circle anyway, at least when compared to us.
Emptyone, could you please give me their email addresses, I would like to write to them regarding the transparency. Thanks.
Where to find their email addresses?
Someone placed a big order @ $8.30
I thought I heard he said the legal work is in place when he answered the question why FD has not been appointed to BOD yet.
Dan said today the legal work is done. So what is next? Anyone knows?
I agree that why FD is not on the BOD yet is an important question. We need to ask this question.
If the spin-off indeed occurs in 1H2016, then the awful EPS of 2Q2015 may very well become a positive thing. Hard to believe that they can get it done within the next seven months.
I always wonder whether ECAB could simply buy in the open market instead of converting at 9.9 per share. In doing so, it is like informal buyback, since no new shares need to be issued.
At least highest for the last two years.
Today's volume is amazing, hard to understand. Maybe folks from Jordan fund are unloading after their meeting, but who is buying?
Your 10000 shares are probably the real shares traded today. Could you please share at what price did you sell?
Carog did not write anything in the last few days. Maybe he is scared as well.
Carog, can you ask him why he is not a BOD member yet? Thanks. The delay is beyond my comprehension.
Carog, thank you for your posts. They are always encouraging. I always wonder how many shares one has to have in order to be a major holder. Maybe that makes the difference. Since major holders are rich people, so they really do not care about a few thousand dollar or tens of thousand dollar swing.
Why did they announce that FD will be nominated two months ago? Yet FD is not a bod member up to now. Fking unreal.
So FD no longer commented on these reports? It makes me wonder why.
Hope China's 21st century will help our little SIAF. LOL
yeah, my bad.
One acre equals 15 mu. So 596 acres equal 8000mu+.
The Chinese video does say that by year 2035, it will produce 300,000MT annually.
If you look at the Chinese video, from 1:10 to 1:15, totally, there are totally 48 buildings. So if 6 buildings equal 10,000MT, shouldn't the total be only 80,000MT?
Initially, they said 300,000MT, later, in some interviews, I think I saw 200,000MT.
What am I missing?
My understanding is different from yours. Those who choose not to convert will still use the original formula to convert to common shares, so as long as they can push the pps lower, that .82 million B warrants will still be huge dilution.
For those who did not agree to the amendment, they can still convert according to original deal, which means the dilution will go on for ever. Unbelievable. They f****d shareholders big time.
According to the financing deal with ECAB last year, the first conversion of the loan payment was scheduled to occur on Oct. 1st. Anybody heard anything? Interestingly, the pps has also been around $9.9 lately.