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looks like the uplisting news will be out soon. Is there a minimal price to hit from OTC.QX?
I cannot be present in Sweden unfortunately. Can u pls update us on the events of the day. Thanks much!
Is fully reporting part of OTC.QX or NASDAQ?
when will the qtr 1'11 results be posted?
Yeah, i didnt realize SIAF has been upgraded from PK to QB!
China Agri tax exemption is usually 5+5 = 10 years. So SIAF will be profitable for still the next 9 years.
I pick up more too this under priced stock. THe sale from the dairy farm will bring profits already for Q1 results, plus the expanding fisheries plus flower plantation will add to Q1 earnings results! LONG and STRONG BUY!
do u mean, it should break out back to 1.60 and beyond soon
Strindberg, do u know what was the volume bought by Swedes? thks
SIAF is on the roll up to 1.60 and beyond! Q1'11 results will be out soon!
how many fund managers are there in Jordan fund? do u know what is the size of the investments they deal in?
Penny Stock Newsletters
Sino Agro Food, Inc. (PINK:SIAF) Recovers to the $1 Mark
2011 April 28
Sino Agro Food, Inc. (PINK:SIAF) stock price saw unusual fluctuations as the company finally filed its current financial results with the SEC. Around the time of the appearance of the 10-K, SIAF dropped below $1 per share, though as of yesterday the one dollar per share is already recovered.
SIAF closed yesterday session at exactly $1 for a share and with a 1.01% increase in its price. Trading volume was around the average and the market looked consolidated. Although the company has already filed a registration statement for its common stock with the SEC and obviously intends to be a diligent filer from now on, SIAF still carries the “Limited Information” shield on the OTC Markets.
Much higher volatility, as seen on the diverging Bollinger bands, is maybe typical in the case of a company that has just provided current financial reports and reliable information on its business. Thus, it may not be a surprise if SIAF makes more unexpected moves until it finds again a stable price level.
Sino Agro Food operates in China through five subsidiaries engaged in fishery projects, farming of Hylocereus Undatus (known as Bean Capers or Pitaya), dairy cows and cattle farming, manufacturing of bio-organic fertilizer, livestock feed, cash crops farming and beef cattle rearing and fattening. The largest part of the company’s revenues came in the past couple of years from its dairy segment.
For 2010 SIAF reported impressive growth:
*Total revenue grew from $21.7 million to $40.55, or by 87%
*Operational income almost doubled to $18.9 million, net income for 2010 was $12.7 million
*Strong financial position with over $40.8 million in working capital on a consolidated basis
.from ? Penny Stock Newsletters
is someone manipulating the share price? seems to be dropping near the close. is the mid may cc announced yet?
SIAF is set to surge to $2 and beyond! Mid May results is bound to be astounding! Climbing back now...didnt manage to grab any on the way up :(
with all the good news on 2010 results (Net Tangible assets at $1.60 per share), and 2011 plans (net Tangible assets at $3 per share), it's a major surprise why there are shareholders who are selling?? Also, uplisting prospects soon and committed dividends of 8% in 2011, seem to have no positive effects??
what do u think the stock price will bounce back to? 1.80?
what good are those two questions. tat's wat i want to do, versus what SIAF CAN do!
what is the update for the uplisting? also what is the target share price now for 2011? Is 2.50 still on track?
with the adj EPS at 0.16, is the PPS tgt still 2.50 by uplisting date?
who are SIAF customers? Are there Big MNC's in china that buy direct from SIAF (eg. MARS, etc)?
Rebound is expected to at least 1.60, the diluted NAV! I guess most ppl didnt really understand the results. At least we now know that the results have undergone due dilligence. Looking forward to guidance next Apr 21!!!
unless bad news is expected?
u must hv a huge vested interest in the stock. what price did u buy it? 1.80?
Also, the negative news on China Stocks have hit almost all China stocks really badly. CCME has been suspended due to suspected fraudulent reporting. And CCME has been a respected company listed on NASDAQ.
Based on the Trend Analysis. Refer below:
http://www.barchart.com/opinions/stocks/SIAF
Also, it has extended the tgt price of 2.50 since last year Dec.
Your recommendation is a buy or sell at 1.40?
how is the price in Stockholm linked to the price in US Stock Exchange? Why would a price increase in Sweden lead to a price increase in the US Stock Exchange as well?
Why is SIAF categorized as "OTC Pink - No Information". According to the category definition, this indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. Companies in this category do not make Current Information available via OTC Markets Group's News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
Refer http://www.otcmarkets.com/stock/SIAF/quote
ya, same old story again. u r rite!
uh-oh, deja vu all over again
price stalls, people stop raving
volume dries up, people get nervous
financials not to their timeframe, people get cranky
how is the 3.50-4 derived?
How do you estimate that the book value is $2 now? Is it plus all the intangible goodwill, etc? how do they value goodwill??
Sell signals. http://www.barchart.com/opinions/stocks/SIAF
Sino Agro Food Inc (SIAF)
1.2800 -0.0188 (-1.45%) Monday, Feb 7th, 2011 10:08A EST
Detailed Opinion Show Signal Strength and Direction Composite Indicators Signal
TrendSpotter Sell
Short Term Indicators
7 Day Average Directional Indicator Sell
10 - 8 Day Moving Average Hilo Channel Sell
20 Day Moving Average vs Price Sell
20 - 50 Day MACD Oscillator Sell
20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% Sell
20-Day Average Volume - 144,135
Medium Term Indicators
40 Day Commodity Channel Index Sell
50 Day Moving Average vs Price Sell
20 - 100 Day MACD Oscillator Sell
50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 100% Sell
50-Day Average Volume - 189,178
Long Term Indicators
60 Day Commodity Channel Index Sell
100 Day Moving Average vs Price Sell
50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 100% Sell
100-Day Average Volume - 279,371
Overall Average: 96% Sell
SIAF Still on track to hit $2.50? Or are the major shareholder slowly exiting and selling their shares now? How are US investors reacting to China small cap stocks now?
BIG SELL! http://www.barchart.com/opinions/stocks/SIAF. Is Jordan fund or other "big players" starting to pull-out?
Extract from Yahoo Finance website, on technical analysis:
1.35 was a 25% pullback from 1.80
failure implies rotation to 33.33% = 1.20, 1.35 is now resistance
failure at 33.33% implies 50% will be strong = .90
right now im assuming 1.20 will be strong..
we have failed at 25%
DAILY BACKBARF; 116,985 AT 1.54
From SIAF Yahoo Finance website.
23-Nov-10 04:11 pm they sell all day and tell the broker to average the trades, take some points for himself and put it all on one ticket
REMEMBER; MANAGEMENT HAS APP 16.9 MIL OUT OF 51, SO THERE IS LIKE 34 MILLION FREE..
THEY ARE VOMITIN THAT STOCK INTO YOUR ACCOUNT EVERYDAY, GET IT??
and they take it up with the proceeds, they have the buy account and the sell account..
this is the truth: i have forgotten more than most of u know,, believe me..
i had my own brokerage in lower manhattan (wall and broad) in the 80's with 60 people on the phone..draw your own conclusions about what happened next
fraudulent bid support was all part of it and is soooo easy to spot.
open your eyes..
http://www.barchart.com/opinions/stocks/SIAF - SELL!
Extract from an investor: my lawyer looked at the form 10 which was re- filed actually today,
here is the stock wonership table:
The following tables set forth the ownership, as of the date of this prospectus, of our Common Stock by each person known by us to be the beneficial owner of more than 5% of our outstanding Common Stock, our directors, and our executive officers, and our executive officers and directors as a group. To the best of our knowledge, the persons named have sole voting and investment power with respect to such shares, except as otherwise noted. There are not any pending or anticipated arrangements that may cause a change in control.
Lee Yip Kun Solomon 13,500,000 26 %
Tan Poay Teik 4,500,000 8.66 %
Chen Bor Hann 900,000 1.73 %
All officers and directors as a group [3 persons] 18,900,000 36.39 %
-------------------
on september 30th, SIAF puts out a pr saying Jordin has
17.5%:
HOW COME JORDIN ISNT IN THE FORM 10 MY LAWYER WANTS TO KNOW??
he says the commission definitely will ask a ton of questions if they find out, a ton
Swedish online magazine analyses SIAF 19-Nov-10 05:20 am Swedish online magazine analysis of SIAF:
https://www.avanza.se/aza/press/press_ar...
Use some translation service to read it.
It recommends to buy SIAF in small portions due to the high risk involved. They claim the risks are due to untested business model and that that is why the valuation is so low.
Drop is imminent! US stocks sink on Asian inflation, Euro debt fears
NEW YORK: Stocks fell for a fourth day as concerns over a slowdown in China and talks about a bailout for Irish banks combined to push the Dow Jones industrial average to its lowest level in a month.
Asian markets started a global sell-off after South Korea's central bank raised interest rates to curb inflation.
Shares also fell in Shanghai and Hong Kong as speculation spread that China will take more steps to rein in its red-hot economy, which would dampen global demand for industrial goods.
"The fact that China is taking actions to tighten things up over there is having a big ripple effect here," said Bruce Simon, the chief investment officer at Ballentine Partners.
The Dow Jones industrial average fell 178.47, or 1.6 percent, to 11,023.50, having dipped below 11,000 earlier in the day for the first time since Oct. 20.
The Standard & Poor's 500 index fell 19.41, or 1.6 percent, to 1,178.34.
The Nasdaq composite index fell 43.98, or 1.8 percent, to 2,469.84.
All 10 industry groups in the Standard and Poor's 500, the index followed by most professional money managers, fell.
Companies in the materials and energy industries lost the most ground, each falling more than 2 percent.
While Asian countries are dealing with excessive economic growth and inflation, European finance ministers were concerned that Ireland would be the latest European country to need a bailout. The country has so far refused any outside financial assistance.
A fiscal crisis earlier this year in Greece resulted in a global swoon in stock prices as investors questioned the viability of Europe's shared currency, the euro. Greece was eventually bailed out in May by fellow European nations and the International Monetary Fund.
Ireland's situation is different from Greece's, but their respective debt crises are having similar effects on markets. As new doubts emerge about Europe's ability to keep its financial system sound, investors are abandoning the euro, flocking to the dollar, dumping risky assets like stocks and sending borrowing rates for countries they see as credit risks soaring.
The yield on 10-year Irish bonds rose to 8.25 percent from 7.94 percent late Monday. Yields rise as bond prices fall. Higher yields are a sign that investors are demanding more money for their willingness to take on the risk of lending to that country.
Greece fell into a fiscal crisis following runaway spending and a lack of trust from investors following revelations that the government had published faulty budget figures. Ireland, meanwhile, is staggering under the costs of nationalizing three banks after that country's real estate boom imploded.
"It's been simmering for a while," Scott Brown, chief economist at Raymond James & Associates, said of the European debt problems. "Now it's coming to a complete boil."
Brown said Ireland is more troublesome for Europe than Greece because more of Ireland's debt is held by major banks, especially in England. A default by Ireland could be another blow to banks that have only recently recovered from the global credit crisis. Shares of British banks HSBC and Barclays PLC both fell more than 3 percent.
There are also fears that if Ireland needs a bailout it will spook investors who hold debt from other European countries.
Ireland is a "precursor to Spain," said Quincy Krosby, a market strategist at Prudential Financial. "It's a precursor to Portugal" as well.
Basic materials companies, which have benefited from the booming demand from China, were among the biggest losers in U.S. trading. Freeport-McMoRan Copper & Gold Inc. fell 4.3 percent, Alcoa was off 2.8 percent, and Monsanto Co. was off 2.4 percent.
The dollar surged against the euro, approaching its highest level against the shared European currency since late September. The dollar also jumped 0.8 percent against an index that measures it against a group of six other currencies.
Treasury prices rose for the first time in three days, sending yields lower as investors sought out relatively safe assets. The yield on the 10-year note edged down to 2.86 percent from 2.95 percent. - AP
SELL time? Why are there sell quantities AH?
who is Ms B who wrote that blog? is it trustworthy?