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"I sent a brief write up and several videos to Peter earlier this week that he should post on the website soon. It's an update of research we are doing here at AF4. "
Tony
Based on CAPEX on hold for 10 months, profits and Dividend announement, I cannot wrap my head around why I still see increasing OS day after day.
I don't want the money as long as they print a singel share. Can you tell with confidance that mr optimist will not screw it up and end up financing the divident with his printing machine?
Last time I was thinking I made the conclusion that it was a good idea when this stock was trading at 3-4 dollar.
We don't wanna think ot hear, we need to start see stuff happening.
But right now they are not sending the signals to the market that everything is under control. They said CAPEX was on hold 10 months ago, yet things are worse then ever. I'm not saying they will not make it, I just say as usual they will make it in the worst possible way.
Ok so Solomon promising dividend based on future assumptions and expectations makes the whole thing much better?
For last 10 years I havent manage to pay his bills and still doesnt.
Why not
Prio 1, stop printing shares.
Prio 2, pay dividend
Any sane CEO would make that conclusion, just this board that can't see clear after being screwed for years.
Wasnt it just some videos, should we expect anything important?
Sadly i'm still pretty sure you will get disappointed
AGM? U still have hope for that? Sorry to say, there will be no AGM
Putting an profitable company into a situation where he has to issue shares for 2% of book in order to not go bankrupt, is not impressive.
It's a proof that Solomon is a horrible CEO.
I bet 99% of shareholder bought for more than 55 cents. Bookvalue 20 dollar.
I'm not impressed
Is that a joke? Issue shares at 55 cents, so great for the value!
Not push pps up, but rather treat us as the owners of the company and not just some guys that he can drain money from to achive his life goal.
Writing a letter would be a good attempt. I fullt support the idea to define few condition to avoid a lawsuit. Lawsuit is the only leverage we have by now. Solomon doesnt care about shareholders since it doesn't caused him any problem until now.
Thanks !
Are you worried becouse AF4 yet doesn't manage to grow shrimps?
Is limited demand for the other species making us dependent on the production shrimps if we want to scale up?
I was not really focusing on the wording but that everything was already known yet we recive mixed information.
From the CC it sounds more like there is no chance we get it in Q3
I asked Peter why we cannot have live question
"I think the Company feels there's a trade-off between what you're saying and being able to provide more comprehensive answers to all the major areas of interest.
The live calls also carry the downside of some uncivil callers who have attempted to monopolize the call, as in the past."
RD,
How many MT would SIAF be able to produce if they filled AF4 with only ODRAS thrird gen?
Basically is there a land contrain for SIAF If they would only invest in ODRAS?
My understanding is that ROI is better and they can farm shrimps, sounds all good to me.
Anyone heard what Peter said about a new management at TRIWAY?
In the Q1 report SIAF stated that we will recive the Triway shares this year.
In the CC they state that distubution will be agreed with the banks. Meaning it should not be at all likley to have it this year,
How can they be so inconsistant?
Also as mentioned, the Aquafarm 4 are facing several issues, so what will they do with the 100mdollar? Will it all be invested into ODRAS
Could be ppl that are after the dividend,
That PR should naturally attract new investors
Does he have some new compensation or are you refering to the old one 360000/pps? But he must stop printing otherwise it's a proof he just gave us divident to get pps upp to get more for the dilution? You simply doesnt give divendent and fund it by printing shares, that would be the most stupid this i heard if they even consider that and if ppl around him think it would be ok.
Why is OS increasing, Q1 was profitible and Capex on hold, is it shares that was already promised?
I'm not sure that Dan is big supporter of dilution, he is just a regulare shareholder and is effected in the same way as we are.
Maybe S logic is to give dividend so pps goes up, so he gets more when diluting... Sad that it's not unlikley
Yeah that would not be good but at least more tranparant, I always questioned why they haven't used rights issue. I guess the problem is that no one would buy. But it's insane if Solomon by this point doesnt stop. There is no Capex for SIAF anyway and they are making profit. It would also directly go against the divident. The point for that is that we get a share of the profit, not that we finance it ourself by diluting the stock.
Preferred shares was becouse S belive the shorters is the problem. What is this other shares you talk about? I ddn't read the Q1 yet
Another question to you who have been with solomon for long time,
Do you feel like the comminucation has shifted over the years? I mean, if we listen to what the company say it do at least sound like they care about us. They understand that dilution is somthing bad, that colladaral shares are bad, and now that dividend is a must, putting capex on hold, always mentioning shareholder value etc.
Has this always been the case, ie is it the same all over again or do you feel like smth could be different this time.
I know that FD said it took him years to explain to Solomon some basics in how the market works and that he felt like S finally understood during 2015. Was this also something that u felt?
Sounds good that it's 90%.
Garret was never promoting the dividend before getting the loan. I wonder why, did he belive Solomon wouldn't manage or that he need to stop diluting first.
It's a valid question.
What do you "longers" think is the probability that we will get our 15 cent during 2018-2019? He did put it in a filling, he will fulfill his commitment i guess?
We are now soon 6 months overdue with the loan. Any idea what might have happend?
We also should have a CC 31 st of may. Hoppefully we will get more information
In my understanding, they are working slowly with the Pre IPO but want to get the loan first and then have the pre IPO, becouse they belive they will get more once they have more credibility.
I guess if they don't get the loan they will still go ahead with the IPO.
Indeed, seek true happiness.
You will not find it here. There is so many things to do in this world without much money.
This doesnt sound good, is he affraid the whole business is going down? Maybe Q1 is gonna be bloody.
But how to take over? I don't get it.
Can someone alone take a stock down 98% and even if, there is A shares.
And they need to buy?
More likley Solomon is starting to hallucinate
I understand that u feel sad, but no need for such drastic actions. I think u should seek help and distance urself from there forum.
U need to take ur mind of this and find something else in life you can enjoy.
What more did he say,
Not very clear what he mean with taking over as he has all the A-shares neiher why he can't get the loan.
Another lesson,
If me and my friend own a house together and my friend burn down the house, then I lost money.
Knowing Solomon I don't think he will take anything from Triway unless it's trough CA. So in practice SIAF needs to make the profit.