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How long has Shawn been spreading lies about SIAF on the internet? Did he start immediately after he failed to scam SIAF or did he start at some later stage?
snow Thanks, that definition was most helpful.
They should come clean with all issues they have at AF4 (what they have done to improve and what they plans are going forward and what they expect to achieve) - if TRW is able to have a net income of 40MUSD with a "failing" AF4, then AF1-3 + ODRAS af AF4 must be doing even stronger...
They should have some trials by now to know what works well at AF4 (the first stage according to Tony), what doesn't work at all (the last stages), and what works ok (I don't know which category finfish falls into).
RD; Assuming that AF4 is a failure(ish) that can't be corrected, i.e that TRW shouldn't want to complete it and expand into AF5. Couldn't they still do more AF1-3s? That would be less cost-efficient I assume, but if they struggle with scaling up then why not have several "demo farms" instead? (pluss ODRAS etc) Is it the water quality that is the main issue?
A question for the TA-guys; what are the main triggers for a buy in SIAF?
From one poster earlier SIAF is now showing strong buysignals. I notice that the MA30 is broken (both in arethmetic and weighted versions) We're still quite a bit lower than MA100 for the arithmetic one, but not too far of from breaking MA100 for the weighted version (I would assume that the weighted average is more important than the weighted one?)
Might it be that the presumably new and possibly big buyer(s) have decided to only buy on days with dumping? If you want say 1M shares, then for sure it would be cheaper to buy them when dumping appears than when there is low volume.
Things does seem to have changed - since we know are able to withstand the dumping (although I don't if that's related to the size of shares being dumped, stronger buy-support, or more modest dumper)
Snow; Would you care to look into the rules at Merkur regarding insiders with inside information? I have problems believing that our insiders would be allowed to trade now.
Also; even though the market might like insiders buying (unless they interpret it as no material events about to happen), the though of them buying at 2% of book after having issued a butload of shares at 2% (which seems to be necessary caused by mismanagement) doesn't seem very wise to me.
PS. I'm not including Garret in this - although he might be considered an insider because of his large holdings - but the ones that has information about what is (and isn't) going on
Links in Norwegian;
https://lovdata.no/dokument/NL/lov/2007-06-29-75/KAPITTEL_2-1#%C2%A73-2
https://www.oslobors.no/Oslo-Boers/Regelverk/Regler-for-utstedere
Links in English;
https://www.oslobors.no/ob_eng/Oslo-Boers/Regulations/The-Issuer-Rules
https://www.finanstilsynet.no/globalassets/laws-and-regulations/laws/securities-trading-act.pdf
In CC Q3 they were quite detailed about the TRW-loan, but not so much this time - why? Is it finally close so that they don't dare talk about it (cfr cash dividends), are they afraid of being accused of BS/fluff, or do they have too much issues/delays with it? (it would make sense if the banks demandend to see proven scalability from AF1-3 to AF4, and/or that TRW used the money for more "demo-farms" and/or ODRAS, before giving the loan)
lol Well, that should depend on cash-flow in 2020. If they have the cash they should (and will?) pay it before the very end of 2020, but I don't think it would matter - the lies being spread about SIAF on the internet might have been heavily reduced and I don't think people will listen much to them anymore by then.
As long as they do the H2/18, H1/19 and H2/19 cash-dividends (without any major dividends) then the bonus-dividend can delay till the end of 2020 without seriously affecting the PPS.
However, if the TRW-dividend has been distributed and there is no loan then we will probably not get any bonus-dividend (but the TRW-dividend is way better).
If the loan and/or pre-IPO is closed, then SIAF may be drowning in cash for a change (unless they give SIAF-terms on credit from CA to TRW)
Seems that the cash dividend gave the credibility we needed, so if we are done with the increase in OS/dumping we might end up with a decent (i.e lowish) yield.
Yes, it's 5%
20+ is slightly difficult considering that I am not a paid member
I'll answer your question about how many shares I hold if you provide me with your e-mail. I don't think this is the right fora to be disclosing that number.
I hope (probably in vain) that they will provide numbers also for AF4 when they give us the information about AF1-3 in june (targeted) - it would give Solomon&co SOME credibility if they are up front with us and don't hide the bad.
We know that AF1-3 is a success, and we also know that AF4 is not (at least not like AF1-3). If they "hide" AF4 in the update, then we'll just have to assume the worst...
It would be better if they give us the numbers for AF4 as well, and what issues they now are dealing with and how they're looking to deal with them - and what they will use the TRW-loan for now (I assume (G)ODRAS). So far we know that sunlight is an issue and (if I remember correctly) the water quality.
The buyside has been many times larger than the sellside on Merkur ever since the Q1, but I am still (pleasantly) surprised that OTC (so far) has responded this good today.
Not sure how much of it that is caused by new shareholders post Q1-report, possible TA-traders, and pause in dumping.
If the dumping ends we should gain a bit and be able to stabilize, but there's a big if there However it does seem that the dumping is a bit different this time, either because of less sizes being dumped, the dumper trying to get more for their shares, or maybe just because we have more support.
It is going to be an interesting year, that's for sure.
My question for RD was why he predicted a PPS of 50 cents by the end of the week - my guess is that this will not happen unless the dilution ends (but he might see something that I don't, including some TA-stuff that I have no knowledge of).
Have I stated that I believe they are lying about everything? I have repeated several times - even the past few weeks - that I still believe that their intentions are true, i.e that they intend on distributing the TRW-shares.
HOWEVER Solomon doesn't have much credibility, and he continues to destroy whathever credibility he has left - this affects the PPS, and ads to the permanent destruction of our shares (lower price for the shares they are selling). They spin EVERYTHING they can; focusing on an increase in stockholders equity of 18.7MUSD and not even mention that the book value crashed 4$/share! It's not like we don't know it already, and if they had acknowledged it they could have regained a tiny piece of credibility.
Garret; What's your take on this? And can you please squeeze Solomon as hard as you can (although I assume you're doing to already) to stop this nonsence?
Maybe you're right, but that's not how I read the "to be declared and payable during Q4". I read the "date to be determined" as within Q4, not that the Q4/18 might turn into Q4/19 or whatever.
However, the market is not going to appreciate it if the dividend is delayed. Now they might even have made sure that the PPS will start to decrease entering Q4 (from what it is mid Q3 that is, not necessarily compared to today), since people might expect the dividend to be delayed and the PPS to decrease.
Yes, they need to stop with the fluff.
And they need to stop spinning everything,
I didn't catch them talking about how they would secure cash-flow to be able to pay their debts, stop dilution and pay the cash dividend - is that because I didn't pay enough attention, or didn't they address it?
Also they are now targeting Q4 for the dividend (based on FINRA-approving or whatever) - way to go, let's start to spread doubt already...
Also some BS that they didn't want to sell AR at a discount because they wanted to avoid a loss... So Solomon would rather sell shares at 2% of book than book a loss and no dilution? So (using 25M shares) they would rather sell 3 million (or whatnot) shares at 55 cents, reducing book value pr shares by 3$, than to take a loss of say 0.8M (50% discount) i.e 3 cents pr share? Seriously? Morons.
Did Solomon say that TRW owes SIAF 14MUSD - or did I mishear that one completely?
TRW-dividend more information in the Q2 - blah blah - but 36.6%+32% for the lenders (i.e no TRW-dividend this year?)
Videos and information of the "demo farms" - targeting june
Tony lives in China and works at/with TRW. He knows whether there is a commercial harvest or not, and he says there is. Either there is a commercial harvest, or he is in on the "scam". Sorry, Shawn, you have to choose
Sorry, but snow is right - Solomon has no credibility, even (especially) amongst most longs. We need some good/comforting news in the CC, but will only receive fluff.
The 55 cents dilution better stop soon, or the support for the stock will die and the stock crashes.
If only they had committed to (parts of) the TRW-dividend...