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Progress yes but the big 1-2, dividends or share buybacks, haven't happened yet.
The rest of the news QX,Norway etc., have not obviously attracted enough new investors either in strength or numbers, yet.
CNYD gone private with over 150% profit if somebody believed their going private offer and purchased shares on Jan 21 for example at just $1.35!!!
With articles such as the one in the Norwegian newspaper there is the possibility that Merkur may be enough to get SIAF the valuation it deserves and a breakup of the company may not even be necessary.
You start with 20-30 Norwegian small investors, they tell their friends that there is nothing remotely as cheap on the Norwegian stock exchange and then you start to see a steady and perhaps at some stage fast appreciation in share price with the news spreading.
Small probability but could happen.
This could be really huge publicity, and finally get the small Norwegian investor interested in buying a few shares.
Perhaps last few days that somebody can buy under $10.
Luvu looks interesting on paper but their products are so overpriced compared to foreign alternatives it is unbelievable.Don't know if they can keep charging these prices.
TPI woke up today and had its highest volume for almost a year.Perhaps somebody knows something.
And anybody asked about the recent changes at the company?
I think you have not realized yet that SIAF can license their knowhow in aquaculture internationally and turn this into a multi billion operation.You believe everything ends with the MF?
Another 8-K not naming either supplier or customer!!!!!!
Was going to buy a few more tomorrow too, but with Trump at 3.70 with Betfair for next President I believe there is an even better investment opportunity at the moment.
I think it is the first time a SIAF PR has been on CNBC and Barron's.Should attract some new investors from there.Someone should talk to the company to pay for the InvestorsHub NewsWire too.Personally I check almost every PR there and have bought shares in many companies I knew nothing about before.
Also nice to see Solomon didn't forget to mention the Aquaculture spinoff.
Got this from the FUQI investors group on Yahoo:
On behave the whole group, I called and talked with FUQI investor relationship person. She was very polite and apologize for the long delay in court decision. She is traveling to Shenzheng , FUQI's headquarter next week for the board and directors' meeting. They will decide the what to proceed from here, privatization versus relisting versus buyout versus other options. She said FUQI will give all current shareholders a satisfied answer in the near future. She asked me to call her back in two weeks for a update.
care
Shou
If there is some progress with FUQI it means there will be more hope that other currently dark or delisted Chinese companies will follow.
Is it possible that demand is simply not there?
I guess your source who told you we would get an update on the MF before the Chinese New Year doesn't know what is happening either.Perhaps we should start e-mailing them for an update on the MF as we did for the auditor change.
The problem is the share number Fully Diluted which I believe is over half a billion.
Ecovis is a consulting firm too, with interests in funding businesses as well, so SIAF will have another source for potential investors.
So another great development after Norway and QX.
They start to mean business.No doubt the previous auditor had to go.
Then if efficiency from the auditor is what is required, then a German based firm is a great choice.
So when big companies start reporting just 10 days after the end of the year why 45 days shouldn't be enough for SIAF?
From experience of other Chinese listed companies and sorry that I didn't stress the word EXPECT.That is the word I wouldn't like to see in a PR.Otherwise of course it will be welcome.
No PR will definitely be better than one saying "we expect to be able to file on time".That is what will scare shareholders for sure.
HIHO back to 2.82 on relatively light volume.
They are perhaps the best dividend stock at the moment.Unbelievable for
a Chinese based company isn't it?
Even if they cannot keep their quarterly dividend at 10c with quarterly profits around there, they are a relatively safe and good bet.
Actually the previous auditor Anthony Kam was a joke having checked his website with the list of his clients.
First of all he has not updated that page for at least a year.Some of the companies there are extremely small have been delisted or have gone dark.
Then he has as one of his clients there China Bio-Med Regeneration Technology with market value today of
about $700 million.The problem is their accountant at the moment is BDO!
SIAF was apparently by far the biggest client of the previous auditor.
The wording is encouraging as well "accepted the resignation" which hopefully means dismissal.
Then we may indeed have had another 2 great pieces of news today.
I guess there will be no dilution after all after the dramatic drop in share price of CCCL.
But buying now would be no problem anyway!
The problem is who trusts this management team from now on?
Can you explain how it is possible for the number of shares outstanding to have been reduced?
Is Tick working in China?Is it too naive to think he may have received threats and started to worry that he might be taken out?
I would like to see what happens with the public offer for $0.63 of CCCL now that the shareprice is at $0.40.
Really hard to comprehend how their management is behaving cause don't forget they paid $0.20 dividend a couple of years ago and then a smaller one the year later.
Unfortunately no mention that they are a Public Traded company.
Every such company never fails to mention this somewhere on their webpage.
Hope we can have an update from your source.
Yes Empty, let's hope so and hopefully your information about a PR. tomorrow concerning an update on the MF is correct.
Ok maybe not thousands and thousands because they mention a price range of around 200 Million and over in companies they invest in and several other parameters that would exclude even more candidates, but still if someone reads their interviews and what they say in their webpage, this maybe as good news as the EuroChina deal if not better, and don't forget these guys went and bought their shares in the open market.
So from the thousands and thousands of companies outside Europe they picked SIAF to invest in, especially after researching the company exhaustively and perhaps exclusively?
Really great news today!
No mention of shareholders in the 8-K that is us.They only talk about Investors that is them.
And what about this?
"in the event the Company defaults on the Loan, the Company would be required to issue as liquidated damages to the Investors all additional shares of common stock which are available for issuance by the Company."
What does it mean.Should we worry that we will be totally diluted?
If this is not daylight robbery then hopefully they did it just to ensure they will have the majority of share voting power if it will be needed in the near future.
So they did this without the consent of the CEO?And if yes is this possible?
Can we take some action as common shareholders perhaps starting by making the situation known to the SEC?
Because what happened today is clearly Criminal Behaviour.
Why you didn't include Tick as well?He bought at $0.15 too.
Don't know if it is just an illusion but 5-6 Chinese micro caps that have had going private proposals;none of them was severely underpriced.
I had no idea about toxic financing until very recently.You have Preference shares as well in some cases so I had bought SAKL thinking that they only have about 80 million shares but fully diluted that number goes to 900 million.
With SVTE you have $55,000 convertible maturing on Friday so depending on how the share price moves we
will know how many shares Tangiers Capital Group will get.For sure not fewer than about 20 million.
Then you have another $90,000 maturing by the middle of the year.
Then you had another $30,000 that matured on Nov 30 2015 but don't know if the shares issued for them are included in the 10-Q that states 13,430,000 shares.
So yes overall maybe not a bad idea to stay here but who knows if management will change policy from now on.
KUTV going private too.
Looked overpriced compared to other companies in the space, but it is
worrying that investors seem to know which of the Chinese companies are
the honest ones.
How often will this table with the shareholders in Oslo be updated?
Will be interesting to follow the changes.
Would be great if we start to see small Norwegian investors to start buying in numbers a few shares.
If you are talking about SVTE don't be silly.
I bought 350,000 but I'm selling them back even at a big loss.
Have you read all those "Convertible Notes Payable" in their 10-K and the millions of shares likely to be issued soon?