Bought 40k yesterday on Merkur after the letter “we plan to..”, my plan is to sell them today and tomorrow.
Bought 16k at otc sold them at close yesterday.

Yeah we’ll see, for all of your sakes I really hope they will deliver.
And as I’ve said I won’t be long behind you to buy some shares.

I only trade after the chart, and it had a really good chance to start going up with the trw dividend. However since we never saw it go above the last top nor ma 200 it felt pretty obvious to me it would go down again.
Solomon issued shares at the same time and it was a lot of selling activities and not that many buyers so I’m guessing some people knew/understood that the distribution would fail or was just in for a quick profit.

Yeah, This was also when we were to receive the trw dividend, before nisse left and before seeing a wiped out balance sheet, and also before the lack of information about future dividends in the report.
It’s a bit frustrating that Solomon can’t save a single dime in the bank account.

But as I said I’m done talking about this, we’ll see, if I’m wrong I might buy a few shares or if my TA signals tells me it might go up.
I will for sure let you know if I’m starting to buy shares again ;)

So I’m guessing you’re certain about the cash dividend? What makes it less immoral and illegal for you to say you think we’ll receive it?

Geez.. there’s been a lot yes sayers on this board about everything they’ve been telling us, but if you look back how did it turn out, over and over, and over........ again.

Not even this freaking TRW dividend went out as it should.

It was just my two cents, my interpretation.

Nisse left (70% in returns over the next 13 months is too good to just leave..), no money in the balance, and they didn’t write anything about the cash dividend in the report, the stock is down, they are losers, they’re on the observation list on Merkur, I’m done talking about this now.

Let’s just sing kumbaya and drink more kool aid

Yeah, let’s see what will happen here, i guess anything can happen. Any asset sale would be a hallelujah moment with these knuckleheads.

I’m still not feeling confident about the cash dividend so it would be positive if they actually pulled it off. The market doesn’t feel too confident either.. and I still feel like they should have kept telling us about the dividend policy in the Q report if they would go through with it.

Just for Solomon to say that they won’t dump more shares on the market is a big achievement.

We know they would start getting money from TRW this quarter, around $3.4M(?) for this quarter, and they have during the past months been diluting for about the same. Solomon was also pretty sure about receiving the 1 million loan. Well I think it will be tough to come up with those kind of money and not start diluting again

Yeah, we’ll see. I’m not too confident about it, but Solomon should know that he better give us something, especially after this cluster.. with TRW.

It’s also not much they can do if they don’t have the money


I don’t see why they can’t repeat themselves about the dividend policy in the Q-report.. they should

Eh no, that would be insane to announce it there, did I say they would announce it there? But didn’t they write about upcoming dividends in the last Q report? Just like they wrote about TRW now?

I don’t know if I will buy in again, but the company did not have 25 million dollar in cash at the bank and Solomon invested these in TRW.

They made 30 million dollar on consulting a year, of course they should still make money from it but it has been put in the numbers as future receivables. Why else would we see 100M in receivables and be able to take a bigger piece of the MF

You are dishonest

Have I said that I think they will start dilute again? No

I am not very optimistic about the cash dividend,
- nisse left,
- it’s not anything regard it in the Q report (a time like this would for sure be smart having it there, it’s been there before)

Just tell me why they issued 18M shares ($11M) during these 9 months, and they now have cows for $6.8 million more? And btw, cows for 12 million dollars in China is a lot of cows.

I guess, it wasn't really "investing", the money never really existed, they just didn't receive any money from the consultation and booked it as receivables.


During the nine months ended September 30, 2018, the Company (i) issued 535,598 shares of common stock valued to employees and directors at ranging from $1 to $1.56 per share for $576,170 for employee compensation; (ii) issued 16,032,263 shares of common stock valued to professionals and contractors ranging from $ 0.55 to $1.00 per share for 9,725,196 for service compensation; and (iii) issued 1,479,593 shares of common stock valued at $ 0.50 per share for 739,797 for settlement of debts.

No cash dividend and no TRW dividend,
Cash and cash equivalents $417,373, so don't expect it anytime soon.

The distribution of TRW shares to each shareholder of SIAF is predicated on two variables; namely, the total issued and outstanding shares of common stock of the Company as of record date (which will not be known for some time), and the number of shares of common stock of the Company individually held under each SIAF shareholder’s account in order to determine the ratio of shares of SIAF required to be owned in order to receive one (1) share of TRW as well as the total number of TRW shares to be received by each individual shareholder.




2.14 CASH AND CASH EQUIVALENTS

The Company considers all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. Cash and cash equivalents kept with financial institutions in the P.R.C. are not insured or otherwise protected. Should any of those institutions holding the Company’s cash become insolvent, or should the Company become unable to withdraw funds for any reason, the Company could lose the cash on deposit with that institution.


Inventories

Beef cattle 12,670,022 (5,903,442)

This is up a lot from the last year..

They also have a lot of loans for being a $10M dollar company, and Solly who is more than happy to issue more shares and hire contractors for money he doesn't have

I agree, but could it be too late already?

It's the last lower trendline, there's basically no support lines at all besides that since we're trading ATL.

I'm not saying it will go there. Just that it's a support

Yeah I agree, I meant support, not resistance my fault

Who cares about earnings at this stage, it's trading below 20 cents.

All that matters at the moment:

- Dilution has to stop
- Cash dividends

If the resistance around 16 won't hold then the next resistance will be 7 cents.

I wish the conference calls wasn't "pre-made" and people could speak their honest truth from the bottom of their harts.

Or the $35M loan commitment letter , which I asked to see and they told me they would post it a few days later, it only took them a year to tell us that the loan was dead. Haha these guys are too funny

Maybe, let's see what they say in the Q-report. They are pretty good at excuses these days, even though they can't blame the Chinese new year this time. Even if we're seeing a positive outcome there will probably be a chance to buy cheap shares anyway.

If they actually deliver on the cash dividend it should at least get a floor, but we won't see a big rally. And if Solomon prints more shares now this stock will be dead.

Just remember that there is a lot of people who would love to get out at 40 cents now. Solomon should just have said that they will have positive cash flow in Q4 going forward and that they won't be printing any more shares after that, and without saying or announcing anything about the trw dividend, this stock would be a lot higher now than it is today.

They can't get anything right, is it actually possible to turn everything to shit without having an agenda?

Yeah, we will see. I think the frustration is enough for people to sell shares when they got tricked to buy 10+ million shares and didn't even get the TRW dividend.

We don't have a lot of buyers waiting around, and it didn't make things look better with Nisse's resignation. I am actually impressed that he was a BOD for so long with Siaf's track record during all these years.

Nope, I am not looking to buy any shares for now. I'll let you know when/if I'm buying. Doesn't look interesting at all for now.

https://invst.ly/96mfu

My bet is that we will see 17 cents soon.

Merkur closed at 0.215, anyone who think 20 cents will hold?

The only person who’s been making good money of this black hole is Solomon, I think it’s time for him to pay back.

Yeah there’s no buyers around at all. We’ll see when the panic selling starts so far it’s been somewhat controlled.

Just read the Form 4 for Christ sakes. The box up to your left

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144773265

He sent out an email to all JF members

He did check the box, and it is already confirmed that he dropped out.

It's without for now, they just canceled it, they will give new dates in the future. So if you mean if siaf still owns the trw shares, yes, through their receivables.

They will set a new date in the future if I understood it correctly, but who knows when that will be. An S1 or whatever they need will probably take Siaf up to a year to get completed.
And who knows if they actually need to pay taxes on the distribution now. (again)

Siaf's market cap is $10M, why isn't the partners at the MF putting in an offer for Siaf? It would save them a lot of money right?

I just trade after my charts, and so far it's been very successful especially in Siaf.

I like to watch the fundamentals too but its a lot of things that can go wrong...
What if they can't pay the cash dividend now, and we're seeing an A/S raise? Just keep that in mind, it's not like this company brings a lot of positive news or are famous for executing.

We'll see, things can change fast as you know and I might end up buying a few shares in a couple of days, but it won't be close to 200k even if I would get double the shares for the ones I recently sold.

I wish everyone the best of luck tho, I feel really bad for some of you.

I haven't bought any shares yet. I think it's too early to buy here