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They could be moving the import/export division to TRW
Something is going on with CA as well
lol Well, they have gotten rid of the worst part of SJAP, so who knows. Also keep in mind that they indicated that CA might be listed before TRW, if so then they should get some deals besides TRW soon... Unfortunately SIAF has become all about TRW know. I wonder whether the heavy dilution (when it ends) is the ultimate "get rid of everything that keeps SIAF down and start from scratch" or if we can risk further dilution (once this batch is over) if TRW-financing delays further.
No, we shouldn't expect anything important, just "videos and information about what is going on in the other farms".
However, the PPS has responded well (temporarily) in the past for such information (both the trials in AF1&2 for the Emperau and the Pearl Grouper, as well as the open memo about how the Pearl Grouper (and other species) fared), so we might expect the same thing to happen this time (leaving the question whether it will be temporary this time as well, or if things have changed PPS-wise after the cash dividend policy so that the gain might be permanent - especially if the dumping has stopped by then).
As a bonus it will be even more difficult for those who spread lies on the internet about "no production". The lies will not stop of course, actually they might intensify, but it will be easier for potential shareholders to see what is going on and ignore the lies. That's why I hope they will be rather detailed and also include AF4; only showing the good destroys credibility and it is not given that potential shareholders care to listen to the CC and discover that Tony also discloses the bad.
Personally I am looking forward to it - if for no other reason than to learn more about what is happening at TRW.
lol Yes, who cares about book value pr share anyways - the only thing that counts is company value. Do you even have shares in SIAF?
Ok, I'll give you an offer you can't refuse then; Send me your bills together with some 100$ notes and I will pay your bills (at a rate of 2$ pr 100$ note you send me)...
This either shows how wreckless he is, or how desperate he is - either way he should not be CEO of SIAF.
I guess tha Solomon, beeing a really big shareholder, do the thing that he consider is the best for him, and all other shareholders
That's the kind of reasoning that Solomon seems to use, and the very reason why he should be removed as soon as possible. Yes, the company value goes up (slightly), but the shareholder value is destroyed (heavily) through way lower book value pr share.
Yes, RD already reported on it; newsweb.oslobors.no/message/453225
Actually, the most stupid idea is SIAF's policy that you referred to in your first post on ihub;
It is SIAF's overall purpose to generate healthy returns for its common stockholders. The Company generates strong cash flow before investments in its operations. The Board of Directors continuously evaluates the use of capital, whether for expansion, securing an acquisition, or distribution to shareholders. In that respect, the Company will distribute (a portion of) surplus cash to its shareholders unless it can be invested at a return on capital employed ("ROCE") above at least
20%. The distribution to shareholders can occur in the form of dividend payouts, share repurchases, or redemptions.
I don't think they are - as long there is a lot of dumping they are able to cover, if they want to (which they should before the dumping is over and it's too late).
One interesting thing to note is how unwilling people are to sell their shares on Merkur at the current PPS (unfortunately, people seem unwilling to buy when that means pushing the PPS, hence the volume is low). As soon as the dumping ends we can expect a nice gain in the PPS.
I assume for Merkur as well. My point was whether us shareholders needs one - it's not like they'll listed to us anyways, and whatever shareholder-friendly stuff they might want to go with is either already in place (cash dividend policy) or can/will be done through Q-reports.
We don't really need an AGM - they've declared the cash dividend policy already. Buybacks will not be a thing before TRW has gotten external financing so that SIAF can stop diluting, but they might declare it in their Q-reports (like with the cash dividend policy) without an AGM.
I think
That's why Solomon should have his employment agreement ripped apart - I'm not sure that he would have mismanaged SIAF as much if he were to suffer as much as we are from it...
I just hope the 55 cents are over soon. If so, then we might see a nice rise in PPS going forward.
I guess it is one (or more) big (or "big") buyer then, batches of 200k USD doesn't sound very retail
No doubt that Solomon has a lot to prove, but actually declaring a dividend (and a policy as well) is a good step in the right direction. Now they just have to follow through... Which they HAVE to (although it might be wise to expect delays/messups).
They actually provided some guidance in the CC this time - they expect the earnings to be the same the rest of the year, maybe increasing slightly. Babysteps, but still steps However EPS will probably go down a lot since OS has increased and is increasing.
Sorry - I were about to edit my post since I didn't read it properly before responding. No, I wouldn't add the possible extra dividend in ROI for H1/18 to H1/19 (I will however add it into ROI for FY2019 even though the payment will not be until 2020 - that was the point I was trying to make, although it was not responding to your point, sorry)
Yes, it's a mystery that there is heavy sales of shares whenever they issue new shares Ignorance isn't an excuse, so they might be careful and play it safe (also I don't like the idea that they haven't bought on the way down, and suddenly start to buy close to ATL)
As long it is certain(ish) that the money will be paid, and the ex date is set in 2019, I think it is fair - might not be technically correct, but I think it is fair.
Same if they give us an ex date for the TRW-dividend in Q3/18 - even though I can't trade the TRW-shares until 2020, I still think it's fair that we include it (or part of the expected PPS of TRW) as ROI in 2018.
Two batches of 100k sold into the bid - dumpage? (i.e will we see an increase in OS soon? And shouldn't the increase come before the dumping?)
The 55 cent batch or how many shares are left is not material information IMO
I think it's fair to include the bonus dividend from FY19 in the 2019-yield (once we know that there will be a bonus dividend that is) as long as the ex date is set within 2019. However, first they have to deliver on the 2018-dividend and the H1/19-dividend.
You disagree with this post then?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141200429
Nisse and especially Dan might know how many more shares that will be issued from the 55 cents batch and when it ends - that alone shoud be material enough no? (it will certainly have an impact on the PPS whether the dilution ends tomorrow or if it continues throughout the year)
Can they? (cfr what snow found about insiders having to wait 6 months after the PR before they can buy - if that is true, then they would have to wait at least 6 months from the Q1-report with the cash dividend policy, no?)
Have you tried digging into the numbers to see if it's possible to get an idea of how many shares that have been issued/are left?
Profitwise SIAF&TRW can do well without the loan, but I am more concerned about cash-flow. Not for TRW, but for SIAF. Once SIAF has solved the cash-flow we should expect (demand) no more dilution, but I fear that SIAFs cash-flow will not be solved before TRW-financing (even though TRW should have more than enough cash to assist SIAF in this matter).
What is you are trying to say?
Why should they do that?
SIAF and TRW can still survive and make some progress without a loan.
It could be to check whether there are some large shareholders who still wants to get out, i.e check whether the PPS will continue to go down.
However, 400k shares isn't more than 0.16MUSD, so it's only big for retail - big(ish) players might want to get as many shares as possible while the dilution continues and before the Q2-report. If they have paid attention to the CC as well, then they should expect the PPS to jump a bit sometime during June (when the info about the AFs are released) - normally temporary, but if the dumping stops/slows then it might not be.
I might have missed something
CA? Worthless
The only way this whole thing makes sense is if they are preparing to distribute the A/R to shareholders. In the form of debt/warrants
The Company has been investigating an option that would allow it to distribute the debt-based ownership it has just acquired from TRW (i.e. 12.71% transferred to the Company in Q4 2017) onto SIAF shareholders, essentially allowing each shareholder to receive ownership of the debt owed to SIAF and in exchange allow that debt to be converted into either cash and/or TRW shares just prior to the IPO, likely in the form of a warrant
They have the cash flow
In cash, it's not a very high amount that will be paid out every 6 months but the dividend yield is very high due to the low share price
Black Knight; What are your thoughts? I'm not sure if it is possible to achieve anything through it, but is it worth a try? Might be a better option than a full-on lawsuit?
As long as the PPS goes up it can be as slow as it wants
The buy-side seems to have been higher for quite a while now (and also closer to the current PPS than the "big" sellers). Seems like someone trying to buy many ("many"?) shares and that are patient.
Same on OTC it seems.
Looking forwards to the details about the AFs
I know that everyone claims that Solomon is a liar
This is why I am confident in the dividend being paid... I believe they have learned their lesson and wouldn't have said it unless it will happen
That's why I love that they also declared dividends for FY 19
You either declare a dividend and pay it out within stipulated time or you wait to declare a dividend. The F-share was a big failure that pissed shareholders off
I don't have any faith that anyone will ever see them
they have to convince us how they will take care of the debt without a loan
As I understood Solomon this will be over coming week