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Lee has told you that he plans on making 25 million this year and 40 million in 2012...why are you getting bunched up?
Shorts will have to exit on Wednesday.
Asset value now $2
Have those T-trades subsided?
8% move up on 80,000 shares traded...one can only imagine.
Ho-hum
Play it for DEC 2012 and beyond remember?
Flash back one year...... Lee stated in the C.C. Jan 2010 that he was working (DD) with an investment bank on spinning the Malaysian Dairy operation via IPO. HU plant division at the end of 2010. Beef operation in 2012 and would keep controlling interest of all IPO'ed subs.
Also he would hold all new acquisitions for 3 years then spin them once they are "DEBT free and CASH rich as well"
But just like the dividend one needs to double the time estimates
ie "few weeks" but that works with me.
"THE ULTIMATE HOLDING COMPANY"
Wake up guys
When this company matures you will have purchased SIAF and 3 subsidaries (which will be spun off) for $1.40.
All profitable and debt free. When China stocks rebound it will be too late. Buy it while it's in the cellar. The Jordan Fund did.
As I told my group @ .70 last summer "This stock is FREE with a dividend kicker".
Remember this when investing in SIAF
Sino Agro Food, Inc. to Retire 2,000,000 shares
Mar 2010
Siaf "The Ultimate Holding Company"
Huge record profit coming but what will they do with it? Finish paying down debt?
IPO for one of the Subs next? Malaysian unit?
SIAF The Ultimate Holding Company
Dec 2009 13 months ago
Book value 1.09
Average monthly Book Value has increased
at a rate of .08 cents per month for 2010. IMHO
Outstanding. This is exactly JF is looking
at as a guide
Cloaking shields on...
It was not until recently that we were able to develop a management system that will provide
enough security in our farm operation to protect our technology from being pirated. Lee Sep 2010
From Lee
In respect of the sales of fish, we are competing against growers/suppliers of fish and fish products of sub-standard quality, estimated to be supplied to the local markets in tens of millions metric tons per year. There is in fact no commercial farm in the PRC producing chemical and pollution free fish. Our quality fish and fish products will be competing against high quality imports, consisting of mostly frozen items, which are being sold at premium prices. We are confident that our live or fresh chilled fish and fish products will have better competitive edge as much logistic cost will be saved, and hence better pricings.
FEES will begin to roll in from all of the subsidaries beginning July 1
Just like the Airlines
SINO AGRO FOOD
The Ultimate Holding Company
The fish farm technology is already running in Australia
And other parts of the world
JF must be in BUY mode again. I can't see any reason that they would
not be at this low price. Are you gents watching the Swedes trading platform? Just 3 million share float now right?
Bid/ask really shot around on Friday as if most shares are spoken for. The first trade was at 1.58.
If this stock is discovered by the trading rooms it could double in the first few minutes of the trading day. And that's what I think
they are about to do. This stock is way to tight. A 10,000 share buy could move the price up 3%
If you see any financial web sites other than the THESTREET.COM touting SIAF give us a heads up here.
So, any info out there about the spin-offs mentioned a year ago?
Singapore?
That's one of the reasons why I came over to SIAF.
Total Stockholders’ Equity. Our stockholders’ equity was $88,102,181, or $1.70 per share as of September 30, 2010, representing an increase of 12% compared to $78,617,296 as of June 30, 2010.
Shareholder equity is now increasing at 1% per week
SIAF is a shareholder friendly company paying an 8%
dividend
Book value is crowding $2 per share now...
and the band plays on.
I LIKE IT
A SFJVC is entitled to all tax benefits and incentives granted by the China Government to domestic entities in the agricultural industry. Thus, operating as an SFJVC allows us to take advantage of China Government agriculture industry exemptions including:
·
No income tax
·
No value added tax, subsidizes in transportation within the country
·
No import tax on imported plants and equipment
·
Rebate of development capital calculated up to 33% of development assets
·
Advantageous loans with no interest or fixed terms of repayment
·
“Land Usage Rights” being accepted as collateral that can be pledged against bank borrowings
What happened to the 2010 end of year spin-off? Anyone following
this company strategy.
Need to get the Board of Directors in place pronto.
I LOVE THIS STOCK
Right time right place in the world.
24 months to go Gents.
One of Cramer's staff mentioned SIAF on
April 21, 2010 as one of the 50 most undervalued stocks for 2010
TheStreet.com
Maybe we should send our dividend checks back to SIAF to help out?
BTW when is the next check coming?
Book value was $1.70 last quarter
Must be at least $1.90 Jan 1.
Your thoughts?
PRC is matching SIAF's CAPEX any figures here?
IMO this is better than the 5 year tax vacation deal.
T-trades on the buy side this morning before the open at $1.66
has anyone seen this pattern before?
Hey Guys
I'm still here and just submitted my tickets for refund to Scandinavian, Lufthansa and Continental. I could not make it to the Stockholm meeting on Friday and make it back to work due to our Thanksgiving seasonal workload. Thursday would have worked.
I expected the downturn in SIAF after the meeting but big deal...
I'm in until 2012 and will purchase again soon in full confidence.
The stock performed the same way in early October dropping about 40 cents over two weeks then recovered smartly.
I have not sold the first share of SIAF and I like the fact that the float is so low, but you have to put up with the price drop also as a result. This stock will move .10 with only 30,000 shares traded.
Book Value is $1.70 now but will move to 1.90 as the next quarters results are released. Cool...and I'm glad I missed the 8 hour flights to and from. Hyperactive you know.
Another holding has been in FSII for the last 20 weeks, I think that they snagged a contract with Samsung.
Hey Bone can you post the meeting address(details) in Stockholm.
Grabbed my ticket today from ORD nonstop Stockholm on Scandinavian.
I don't think short shares here are a factor. Some traders use
the short system to lock-in profits rather than sell their current position and create a tax liability. That strategy takes you into the next tax year...2011
Stockholm on the 17th from Newark see you there.
Anyone have ideas about hotels in the area?
Autumn sales for feed storage over the winter always much higher revenue.
I sent a email to Peter, Nisse said it would be a close call
for an invite on the 19th and Peter is running that session.
So you have 300 people attending a conference to hear from a pink sheet stock named Sino Agro Foods
And that's 300+ of 5,000 total shareholders of SIAF
Betting that I will not be on the invite list and there goes my chance to check out the Swedes.
Nov 17-19 conference
17-18 JF investors only
19th Invitation only on the list and will know on Monday
They expect 300 guests on the 19th
Takeover in progress? What does SIAF have in place to prevent a takeover?
Hyperboy will launch from Newark on the 16th..11 hour trip
notice coming for earnings call today.
October 19 for quarterly earnings report