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Well done RD, that would be nice with 50% eels in the MF, but after a while when we are in a MEGA size, we could get some problems to do that much eels..
I'm not that certain that Madagascar have that big supply of eels?
But I am certain that Solomon will adapt and find a way as he always have done before.
Would be nice to hear something about that Norwegian JV soon, i think that could give us a boost in the PPS.
They will for sure pay the divi in May 2016.
But after that i hope they will pay quarterly.
That is the difference between companies who have a p/e of 1-5 and companies with p/e 40.
They must show the money, it's not only to show big figures on the paper.
And I'm afraid Solomon who have a thing for growth at all cost will be hard to convince but
I'm very happy that EC and Nisse gets this and at least EC have som major influence.
Buybacks will keep shorts away and people in, it's all about trust in this chinese companies, it would also be a much more stable stock. We dont need this 30 % up and downs, people get pissed every time it goes down and some of us get tired and sells.
They own us this buybacks and it would be the only right thing to do.
A 5 year buybackprogram of $30 M is what we need, together with senior listening.
And better insight in future ernings and operations.
Must say that I'm impressed of the buyers today, it's not like it's a big hype to buy in here, not for now anyway.
But I think we are soon above $10 again.
And it better go up, got more shares than ever before
That's for sure, i hope we won't se that NITE seller more soon.
Well sometimes you need to get convinced when you are in this share.
60is, didn't think I should meet you again, yes i am very SUPRICED mr Solomon.
He is probably buying from more than one MM..
But Puma looked hungry before the impact.
They were fast eaten up, but don't you worry, there is still time to buy ;) that nite player has probably 1 M more shares to get rid of.
Update from JF-site
Google translate
Shortly before the company had recently been reversed split was the fuss of an American depositary bank that refused to act in shares, which were classified penny stock, which this "bank" completely deleted from their services. Several banks, blah, SEB, SHB and Carnegie stuck here as customers of that bank. Today, JF been told that the US bank released the "covenant" because we know that Swedish banks today for customers bought shares. The same problem was also with two banks in Switzerland and one in Luxembourg. Where the latter is in the "chain" We do not know at present.
JF is grateful for tips on observations in Sweden and abroad relevant to above.
Strax innan bolagets nyss genomförda revers-split var det tjafs hos en amerikansk depåbank som vägrade handla i aktien, som klassades penny-stock, vilka denna "bank" helt strukit från sina tjänster. Flera banker, bla SEB, SHB och Carnegie fastnade här som kunder i nämnda bank. Idag har JF fått besked att den amerikanska banken släppt "förbundet" genom att vi vet att svenska banker idag för kunder köpt aktien. Samma problem fanns också med två banker i Schweiz och en i Luxembourg. Var de senare befinner sig i "kedjan" vet vi inte i nuläget.
JF är tacksamma för tips om observationer i Sverige och utomlands som berör ovan.
Went from 50 sek in 1999 up to 10000 in 2008, then down to 1.2 now.
Famous shit :)
Totally agree!
As soon as we are listed on a senior market.
They need a good PR team, and tell everything about the growth from start, early mistakes and how good they are to adapt to the market, tell all about future earnings and be full transparent about everything.
It's better to be conservative than not and if they have problems with something they should tell the market.
The market hates when companies doesn't fulfill their talks, as everyone in here can see, it's much worse than telling about how it really are.
Fredrik Danielsson have already spend analysts resources on siaf, and as he was their best analysts it is not impossible. But time will tell.
I think the new "whale" is carnegie
http://www.carnegie.se/en/funds/about-us/
I think/speculate that we could have Carnegie as the "big buyer" now.
FD was their best analysts back in the days and I know that they still have close connections.
This NITE DUMPING is crap, hopefully they are soon gone, it certainly didn't looked good after those
Swedish meetings. To low volume and too much NITE all over the place.
I understand Solomons eagerness to do the R/S and let the institutions in before we went further and further down, even if it isn't a done deal with nasdaq/First north yet.
If this NITE dumper is some partner who need money to do some deal with siaf isn't easy to know. Or if it is the same guy who bought up the SP when we got the 25 M loan and was trying to take advantage of that, and now are selling. Or if he is someone who loaded shares in the 0.40 time.
Anyway he couldn't have more than 17 M pre shares, because we should have seen a fiing about that, he have now been selling for 2 months so he can not have that many shares left.
Im happy to see this volume, it will soon feels a lot better again i think
I'm happy to see these high volume again, it indicates good times ahead.
At some time that NITE seller will be gone and we will be above 10 bucks again.
Sometimes it looks like we already got som new buyers here ;)
Those 3 bucks gain in oil yesterday did the shorts very nervous..
Nice short squeeze in the oil companies but now we could have big fall again.
Don't you think that is a "decoy" for us to think, that those 100k shares are the last ones.
As soon as we bought those shares we saw another 100k of shares
Who has said that not a single jf member have sold?
Do you think it is a lot of single people who are selling or do you think it is a computer that has been 2 cents lower than every ask for 2 months?
The Swedes who are selling from avanza or nordnet can not hide shares like the NITE MM are doing.
0.65 between the sellers, Nite is eager to sell shares fast
I don't know who is selling, but it is one seller as you can see, and not a lot of small sellers, so its probably a bank or institution.
They have deep pockets anyway because they have sold millions of shares
How many times do you need to.. Daah, It's not JF!
JF is only an information group and the members trades their shares exactly like you and me.
Its like membership on walmart, you can have the tip of the week but you can buy what ever you like.
I think the most of the jf members have more siaf shares now than ever before.
It is probably the same NITE buyer that we had when we started the rally.
JF has indicated on the website that some new restrictions where in place 1 oktober, that made it impossible for some institutions to own shares in siaf.
With this RS they are allowed to buy, and today was probably the starting day.
90 k in volume today, pretty good.
As soon as Nite is gone this will be good.
So this is our first buyback ;)
Cheers!
It was the formulas who screwed up
The strange 9.9 ratio was a miscalculation from an American. :/
It should have been 10:1..
I guess that some of the institutions are welcome to the party now, so we will probably see some heavy volume again soon.
If we got a listing in Sweden they have already said that it will not cost a thing if you want to move your shares to Sweden.
A lots of companies does it all the time.
I think Solomons suprice is that they already have a buyer of a stake in sjap.
If they sell 10% of sjap for $25 M, should be worth 4 times more in 3 years from now so that is maybe doable, and use it all for buybacks.
That is how you should show your legitimacy mr Solomon, and this is how you should pay the shareholders back.
Hello revaluation and hello 4 bucks in a couple of weeks.
After that they can secure a loan for a 25 % stake in the MF.
Even if Solomon doesn't do any buybacks after a deal like that, it makes incredible good PR and show the legitimacy around the company worth gold.
And RD, you have my vote for sure.
A dividend of 4 cents should be worth almost nothing right now (only a small P&D), but a buyback announcement at this time for 9 M would make the pps go up a lot.
What do you guys want, a shareprice at 0.70 and a 4 cents divi or a shareprice at 2 bucks.
I know that you have been talking lately about that it's retail who is selling, but even if there are big numbers on the ask it can be market makers. ;)
If you look at these 25K and 30k blocks from nite, bkmm and puma that we have seen for a couple of weeks now, is moving really fast and often they have been on the ask simultaneously from different MM:s.
I don't think it is that much retail orders out there..
The days without the big seller we had like 10 k in volume the first hour.
It's a new week on monday, we have often got a whole bad or a whole good week, i think next week will be good. But it's hard not to wounder how many shares Nite still got left.
He should have sold a lot of shares at this point.
Yes, but when im thinking about it, ECAB "bought" 30 million shares higher than this.
Only 37 k shares left at 0.72
Good time to buy..
Otc is not fast..
Im also going to add some today, the feeling is that Christmas is coming soon.
0.70 is a good support, but it will be an interesting day tomorrow.
We might hit that support one more time.
Had a lot of sellers at 0.75, and we'll know that it's all about the sellers(dumpers) this times and how low they want to push us or how many shares they got left.
After feburary we should probably be in a safe area from this dumping.
I wounder if ECAB works better under pressure, i certainly hope so..
They are of course very long in this, but still..
It looks like the bottom was 0.70, exactly like the last lowest bottom..
Time for ECAB/Solomons Christmas gift now.
Put in your bid at 0.70 and make more money ;)