Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks for checking
They write off corona-stuff in 2019?
EBITDAC: Earnings before interest, tax, amortization - and coronavirus
«It is anticipated that there will be a loss of US$ 12.1 million in results of operations from the corresponding period for the last fiscal year, due primarily to the reorganization of the Company’s segmental operations, the disposals of and impairment losses from part of the current and non-current assets and the related adjustments to part of the current and non-current liabilities of the Company’s subsidiaries including SJAP, JHST, HSA and JHMC. Further details will be set forth in the financial statements for the fiscal year ended December 31, 2019.»
Regarding the statement “expects to file”... I should know by now that expecting something in siaf-terminology is not written in stone.
More like written in sand at low tide
So 89 minutes after close then
They had 45 extra days to file the already late Q4 report. This means they most likely will file it today, approximately 5minutes - 4 hours after close today.
Collateral shares being returned?
What is that?
Strange trades as well. Shares traded at 0,10 but the ask price at 0,0988 was never filled, and is still there.
How do you see the probability of any progress on the potential triggers? Q4 next week that will be good. Q1 most likely bad/or as expected given their update.
What about the settlement details in June - is that something that could lift it back up to 0,20?
Maybe wait a week for the Q4 that we know will be good?
Correct, my friend. Is it time to realize that loss or shall we be tortured more?
What happened with ECAB’s default? Why is there a secret settlement with Fredly while ECAB who haven’t received money are now quiet?
So tired of this dormant company. At least there is the Q4 report in 10 days or so. And the Q1 also soon
It might be Q4-numbers that start to leak out. They should be good. The question is how bad Q1 will be. On the other hand China has recovered quicker than the rest of the world so we might get a positive surprise (for once)
Technicals says “BUY” ??
https://www.tradingview.com/symbols/OTC-SIAF/
Do yourself a favor and don’t look at the 5 year graph...
Didn’t China open up? Incredible that nothing fruitful can come out of this company for 10 years.
Better volume today, but it’s time to expect massive increases for the lack of return the last years. The stock does not perform at all, and even the brain dead index moves up day after day.
I don’t want to ruin the party but if it was on heavy volume maybe... 400 usd wort of shares won’t change much
Strange they don’t get more subsidies and state-loans in these times. It should be more important than ever to offer natural food free of antibiotics
That will be a while I think. He did jackpot with his timing in getting new VLLCs since there’s no more available storage than on sea now. Maybe he’s behind the coronavirus?
Happy b-day! Hope your Siaf-shares will make you (and all of us) filthy rich!
Is the Fed buying Siaf-shares?
Oil storage is supposedly the new thing now. Nobody wants oil and tanker rates are surging due to “cotango”!
Solly, time to fill up those water tanks and ponds
Could you remind me the purpose of these?: S-4, S-1 and the G-share.
It seems there’s no interest to buy regular shares on otc, who wants to buy G-shares?
It also seems all the processes are interlinked and also preventing them from progressing at all... and in the meantime there’s always some fuss going on: hurricane, cfo dying, Indian guy getting ill and the coronavirus
The sleeping beauty slept for 100 years... apparently we have to wait a few decades more
«I want to see this fairytale until the end.»
Why do you want to buy? (If I may ask)
I think the market maker does some adjustments so the order book looks more balanced, the order is probably there but volume can be hidden
Why aren’t the collateral shares registered as “restricted”?
SIAF SECURITY DETAILS
Share Structure
Market Cap Market Cap
4,176,702
Authorized Shares
60,000,000
Outstanding Shares
59,667,166
Restricted
450,743
Unrestricted
59,216,423
Held at DTC
58,808,280
Float
27,668,725
Par Value
0.02
Is Siaf and triway as anonymous in China and HK as they are with shareholders?
We should get back Olivia and finally focus on shareholder value
Where is that 100musd loan Solly went to Scandinavia to talk about?
They’re probably looking for a pen to sign it right now.
I think Fredly is busy riding the tanker-wave with VLCCs (“Hunter”).
Is Tony still involved in Siaf/trw?
You could have invested in a boring index fund and made great returns the last 5 years, or you can invest in Siaf - a company with potential, empty promises, but with constant “coronavirus corrections”.
With pessimist I mean a lost belief the share price can actually perform again. However it’s so low that I think most people don’t even bother to sell. if I wanted to sell I would probably push it down to 0,04 or 0,05 with these low volumes.
Has the last optimist turned pessimist now?
I hope so, time to get this dead Siaf-cat to bounce up a bit
If they need 6 extra weeks for finishing up last years report, I think we can forget about financing.
They had no idea about the effects of “Solly 19” until now, I guess.
I think tomorrow’s report will be good (probably I will be disappointed) but it’s discouraging to have a Q4 report and to know that Q1 - that’s ending next week - will be terrible.
I need to see value creation, pronto.
To me it seems very unlikely we get a trw-distribution in the near future and probably the dilution made the ratio a lot less attractive to us anyway.
Maybe better if Siaf can get 51% of trw as a compensation for not getting paid their receivables (from trw)
Couldn’t Siaf promote the wonderful food technology producing food with no antibiotics?! Time to please the market a little bit.
What time perspective do you have for the Siaf-shares to start performing?