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.
what do you guys think the target Price will be? how come there is no analysts estimate of the SIAF target price? is any one of you able to cash out the Restricted F-shares? what do we need to do to cash it?
Scandinavian, u mean these PE ratios are for agricultural companies listed on NASDAQ or FN?
RD, what are the tricks and deceptions that you're talking about?
Yes, Viking, I held SIAF shares since then. Do u think SIAF can go beyond the $20 PPS (or $2 PPS pre reverse split)? It has been five years since the listing on NASDAQ I was informed. I really hope and pray Solomon is working on something tangible this time.
Real Dutch, what is your prognosis the share price will be for next week? u think it can hit $20 next week? What is your estimate of the target PPS for this year? Your projection of > $600 pps sounds really too good to be true. Have you visited the sites of SIAF in China yet? How does Artic relate to SIAF? U know previously in 2010 period, SIAF did hit around $2 per share before the reverse split. I hope the new financiers will buy back shares rather than do a reverse split.
I use E-trade but no signs of the Preferred F shares worth $3.40 yet? When do u guys see it in your E-trade and Ameritrade accounts? where is it placed under? thanks
Agreed, RD. Why cant Solomon issue Bonds instead? Its so demoralizing for the equity shareholders. Jordan Fund keep saying $3-4 per share sometime back. Patience is running thin.
Jordan Fund is very bullish about SIAF still. Dual listing in Sweden, formation of BOD and independent auditors, more upbeat contracts. Are we still expecting a share price of $2? We are nearing the end of 2012 and price is now at 70 cents. Hotstocked rated the stock as bullish as well, but low liquidity. u wont believe what their tgt price is for SIAF. Dual listing in Sweden will help to boost the US stock as well? not sure how arbitrage works in this case?
Thanks, Viking! It helps the company to get listed, but not sure if this will be sustainable and propel the share price upwards? No wonder Solomon is increasing the no of shares in circulation now.
Treit, what does reverse split do to our shares held? Eg. if I have a 100,000 shares now, does it mean i will be holding only 50,000 shares after the reverse split? thanks
Real Dutch, do u know where i can get a copy of the Q2 Earnings Call? thanks
Real Dutch, the Q2 Earnings Call was not a good telcon? According to Jordan Fund, it was a good call? Even saying the $2 price target will be achieved by Q3/4. Or is the translation below incorrect? Pls help to elaborate. thanks!
Jordan Fund Current Comments:
Strong SIAF-teleconference [2012-08-24 22: 43]
SINO AGRO FOODS's press conference, flöten with most praise from authors for good Q2 results.
A little new came up. New fish and biffkofarmer is expected to be signed in the autumn, as well as the new Board should be presented in september and cash-utdelningsdelen for 2011, likely published in October with payment 45 days thereafter. New listing around or after the turn of the year, we are working on and expect the share price of Q3Q4-result shall achieve the qualification for 2 dollar level. Would it not get there is no stranger to the CEO a technical solution in order to achieve the objective, but would prefer not to do it, new Board can certainly influence here. A company which has such strong growth both in turnover o profit can do a PROACTIVE approach with revers split (e.g. successful SANDSTORM GOLD just did) just to secure the listing on a förstaklasslista, as the President said in the Nasdaq/Amex and Stockholm OMX (obs).
You can listen to the 46 minutes long Conference. Telephone and Conference number is indicated on Q2 pressreleasen recently.
With REGARD to the DIVIDEND: see specad task below. ALL SHAREHOLDERS, who want the dividend, MUST TAKE ACTION THEMSELVES-in addition to their Commissioner/bank. READ the press release report re dividend.
that's a true view looking at how the share price is performing. right now, it's hovering around 55-70 cents. this is with EPS of how about 23 cents net operational income with fully diluted shares. P/E is about 2.4x to 3.04X. With the projected earnings for 2012 at 68 cents (is this ne operational income with fully diluted shares as well?), we should expect share price to be minimally $1.63 to $2.07. And during the Q1'12 conference, Solomon said the 68 cents is a conservative guidance, so we should expect a relatively higher share price!
It's on the Research Info in E-trade. The rest of the % is for the individual investors, i guess. they only show the top shareholders for the stock.
Although listed in US Stock exchange, the Regional Holdings breakdowns are:
Asia 26.00%
Europe 20.00%
North America 9.30%
Looks like SIAF is not known in the US Institutional Investors. More investor relations activities need to be done.
Large Holdings by:
Avanza Bank Holding AB
Chen (Bor Hann)
Ironridge Global Partners, LLC
Lee (Solomon Yip Kun)
Nordnet AB
Rochdale Investment Management
Tan (Poay Teik)
do refer to post #10516 below for the share structure.
owners of SIAF Solomon, Tan Poay Teik and Chen Bor Han all acquired shares at $1.30-1.40. Only Ironridge acquired cheapest at 0.50.
what did solomon explain regarding the high accounts receivable in the 2011 final accounts about equity on farm land, etc? dun understand his explanation. any clarification from anyone here?
based on the sweden presentation pack, did Solomon miss his eps guidance for 2011? he mentioned Basic 50 cents and Diluted 45 cents. He only achieved Basic Basic 43 cents and Diluted 39 cents only.??? is this why the share price dropped?
will 2012 guidance be 70 to > 1.00 for EPS? Will share price shoot up next week
oh, u mean weeble buys and sells within the day, and that's why wanted to share price to be kept long term within range?
wow! I love your prognosis. Are you a member of Jordan Fund? But with the institutional funds backing, I think it may still run up to $2 sooner hopefully next week! Cos its clearly on its way to be uplisted to NASDAQ!
$2 by the end of next week, is not unlikely at the pace the institutional funds are buying SIAF.
is SIAF going all the way to $1.80?
when is the earnings announcement?
Didnt SIAF divested the milk and dairy products section ? But the article mentioned that "To date, the Group has completed acquisitiion of four projects, namely dairy farming, milk, and dairy products processing projects..."
Emilez, can u translate the latest forecast from Jordan Fund on the siaf stock price? what is JF projection for 2012? Isnt it supposed to hit $4 for NASDAQ? thks
Isnt SIAF Year-end Dec 31? How come they can take until Mar to release the Q4 results?
What is happening in Q1? Wouldnt the Q4 results be posted soon?
Sorry! Thought it may have been pulled up earlier. Anxious for some exciting news to boost the share price
when will Q4 results be out? thks
when will Q4 earnings be announced?
when is Q4 siaf announcement?
HOTSTOCKED. The Solid Surge of Sino Agro Foods Inc (PINK:SIAF) Urges Third Party to Take Promotional Measures
by Martin Tsvetkov
Dec 29, 2011
In case Sino Agro Foods Inc (PINK:SIAF, SIAF message board) has caught your attention because of its most recent chart run, then you are not to give the brand-new promotion for SIAF a miss.
Last nigt, SIAF continued its course toward regaining what it had lost not long ago.
As a result, SIAF added 14% to its value closing at a six-week high of $0.615 per share. More than 860 thousand shares of common SIAF stock changed hands, which is more than twice as much as the daily average trading volume of 360 thousand.
Newswise, there has been nothing special about SIAF for the last 10 days or so. In fact, when the company published its latest press release on Dec. 19, its stock barely gained 1.3%. However, it is what SIAF stock has subsequently done on the charts that is of much greater importance, namely: five positive movements, one neutral, and an aggregate appreciation of 58%.
In the light thereof, it is no wonder that SIAF stock has now come under the promotional spotlight. According to our promotional database, a third party has approached a promoter to raise the hype about SIAF shortly after the end of yesterday's market session. For this purpose, the latter has received not only $40 thousand, but also 200 thousand shares of restricted stock. At least, the restricted nature of the compensation package will prevent the promoter from shorting these shares right away.
So far, SIAF has managed to regain much of its late-summer value. Yet, it is only halfway there. Whether the mission is possible or not will become evident within the next couple of weeks.
Related Articles
Thanks! THat's fantastic! How much will the price go up now?
why do u ask that? Has SIAF disappeared from PK sheets?
What is SIAF guidance for Q411
whats happening? anyone knows?
Sino Agro Food Q3 Profit Slightly Drops - Quick Facts
(RTTNews) - Sino Agro Food Inc. (SIAF.PK), Thursday reported third-quarter net income of $6.27 million or $0.10 per share, compared to $6.35 million or $0.11 per share last year.
On a continuing operations basis, net income for the quarter was $6.27 million or $0.10 per share, compared to $2.8 million or $0.05 per share in the prior year.
Revenues for the quarter grew more than 36 percent to $20.7 million from $15.2 million last year, and revenue from continuing operations surged to $20.7 million from $5.5 million.
For comments and feedback: contact editorial@rttnews.com
Read more: http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=201111171505rttraderusequity_1197&title=sino-agro-food-q3-profit-slightly-drops---quick-facts#ixzz1gCNf5yiK
Sino Agro Food Seeks Three Additiona Independent Members To Board
(RTTNews) - China-based Sino Agro Food Inc. (SIAF.PK), Friday said the board has established a search committee to nominate three additional independent directors. The company expects to appoint those directors by June 30, 2012.
The company also plans to establish three major board committees, including an Audit Committee, Compensation Committee, and a Corporate Development Committee, all of which will be chaired by independent board members.
For comments and feedback: contact editorial@rttnews.com
Read more: http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=201112021059rttraderusequity_0532&title=sino-agro-food-seeks-three-additiona-independent-members-to-board#ixzz1gCMu9wUT