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it wasn't that many shares that were sold under 0.75 cent after that 25 M announcement.
Most volume was between 0.85 to 1.1, is it the same NITE buyer that we had then, who is now selling, he will not do any money on this..
Is it 25% of the total dayvolume?
That does a big difference..
Buybacks is the only way to do it, the timing now is perfect!
They could have a program that buys heavy as soon as the rsi is under 40, that would provide better stability in the stock, and prevent shorters.
We don't have any shorters here now, but they should know not to mess with siaf.
I think that FN will take us aboard around the Q1 numbers, when we are proving that we are CF positive.
It's a big line-up with companies that wants to be introduced to the market right now..
So Solomon get that loan and start fixing up your mess and buy shares.
I think it is obvious that someone always wants to push the shareprice down.
We have a lot of strange selling behavior in this stock.
I bought some today :)
Hehe, a 10 million dollar loan, convertible at 3 bucks only for buybacks would be a win win.
Both to us and ECAB.
Who cares if they recently issued at 0.40, are we still under P/E 10?
The situation are completely different now from when they issued shares.
Siaf are CF positive in a month so they should afford a lot more debts.
And now is a very good time for buybacks, before uplisting.
I think that Solomons suprice could be something to do with SJAP.
Some valuation=a big loan, or partnership/bigger stake
That is why we need a buyback.. Preferably before any uplisting
Of course we got sellers, it's 100 k on ask at 84.
But this zero volume is so f$cking boring..
Time to give us that surprise mr Solomon..
Massive volume today.. Not
A 10 M dollar buyback would do good days like this..
I don't think that they would invest $30 M and had 2 years of DD without checking with FN or nasdaq.
My personal believe is that they already have a plan for the company at least the next 3 years coming.
I hope that you mean in 2016!
Otherwise, up some 300% on one month is not a bad request of your holdings. ??
Do you think we got a bad case here?
We are already up 100% very recently and we got help from EC now.
I'm happy that bkmm and nite is gone and we are able to move up again.
But we need some new buyers ;)
We got buyers at 0.79 and sellers at 0.90, if we don't get a big buyer or big seller we should stay around this area for a while. When good news arrives we can take off again.
Those MM are playing us.. No buyers and no sellers between 0.80-0.90
If we want to list on FN?
Yes please, where ever we are going to list would be 100x better than Otc Bb
We can go from FN to mid cap later..
My expectations are 4 bucks on FN in one year.
The only company that had some revenue was absolent group, 27 M dollar in the last 9 monts (Q1-Q3)
The valuation of the company in oktober was $90 M before listing on FN, now $194 M
They have a margin of 22,5%
Growth of 29 % y-y
They have almost no volume in the stock at all.
Those 9 months are like this bad startup of SJAP this Q3 :)
Every single stock on that list have practically non revenue and massive negative cash flow.
Hard to use P/E on those ;)
Of course, it's only hard if we only had buyers in the stock, but that has never been the case thanks to the dilution before the loan. :/
But at some point we hopefully will get less free float..
And less people who wants to sell.
Yes i got your point, but IF they really is short 500 K since last week they should cover at some point..
200 k shares left to short at interactive brokers of 700 k.
We should see them at ask now when we open, if we can handle it good we should see a short squeeze before closing today and on the day tomorrow
https://www.interactivebrokers.com/en/?f=/en/trading/ViewShortableStocks.php%3Fkey%3Dsiaf%26amp;cntry%3Dusa%26amp;tag%3DUnited%2BStates%26amp;ib_entity%3Dllc%26amp;ln%3D%26amp;asset%3D
In 2025 I am looking forward to a 20 cent dividend each quarter.
Yep, looks like they are short with 500 k shares now.
https://www.interactivebrokers.com/en/?f=/en/trading/ViewShortableStocks.php%3Fkey%3Dsiaf%26amp;cntry%3Dusa%26amp;tag%3DUnited%2BStates%26amp;ib_entity%3Dllc%26amp;ln%3D%26amp;asset%3D
Most of the members have bought way higher than this..
Siaf have little more potential than 1 bucks, i think the most of JF members have bought more shares after that 25 M loan.
$4 at first north should be possible next year.
JF, are you kidding me?
Very strange this when we got this behavior..
Who doesn't want to get more money for their shares.
But looks like they didn't have the power to smash it down more than this..
I guess they was planning more people should have sold
Feels like someone wants to hold down the price
It looks like we have a big buyer here.
Bkmm have bought a lot of shares now for 2-3 weeks.
It's like the Swedish version of Otc BB.
Small one, for tiny companies..
You can follow the trading for scandinavian organics here
http://turing.ngm.se/MDWebFront/detailview.html?dropdown-equity=NMTF%3ANMTF&orderBookId=26X0&locale=sv_SE
I might remember it wrong, but i am pretty shore he was looking for 80 k people.
It was perhaps for the whole company not just sjap
I didn't wrote anything down, anyone else who was at the meeting?
Yes that is awesome, they will ramp up this thing much faster and can adapt to the market
You are correct, my memory is probably better tomorrow :)
This was how i experience the evening
Good feeling, overall
Solomon was calm, but sometimes little excited
Solomon was giving the history from start, how they in 2009...
I must say that Solomon have a really good talent to adapt to the market.
Sjap
Biggest problem to find human resources
They need about 80 000 people, and you can not only take people from the streets
Should be worth 1 billion dollar in 2017
The land prices are much more expensive now than when they was buying/leasing them.
Estimating 300 000 heads at 2017
I got the feeling that he are going to get little help with this one, maybe a partnership but I don't know.
He is aiming to have premium meat like the kobe, the more expensive the more people want it.
It will take 3 years to get to that high standards.
Spin-off probably in 2017, when the timing is good
The Tesco deal is like a demo, we will probably see Siaf in a lot more shops in the future.
HU
If Solomon got a bid that he couldn't refuse he will sell, but it is doing alright now and they have been planting more immortal vegetables that is doing great.
Distribution center
They have a machine that will frose the meat fast and send it to the distribution centers that will defrost the meat very fast with some static electricity in a way, and then hold it at 0 degrees from the center to the stores. Fresh meat!
As he was saying att the CC, the distribution center now is a demo, they will also do some e-marketing from now on.
Madagascar
They have really good relationship with the people in Madagascar, they have been fair with prices and are now getting to buy a lot of sheeps as well.
Mega farm
its a prawn farm, but on 50 % they can grow diffrent types of prawns and the other 50 % eels or other strange fish.
They are adapting to the market.
The sooner they get this thing started, the sooner we will see som big $.
They are doing the best to hurry up things around the MF.
I'm guessing they will grow a lot of eels..
Total 2-3000 tons next year
Me like!
The listing
He didn't talked about when or specific where but he talked about stockholm and nasdaq. They are working on it and we will get it eventually.
He looked calm.
Restaurants
Will get a listing as well in the future
Cash flow
CF positive will notice in the Q1 report2015
Taxes,
no tax before things are passing the abattoir, then 7 % production tax and then ordinary tax
Dividends
Paying the f-share next year and we will probably get the same policy that we had before in the late 2015.
Financing
They are working to get more money
I'll guess it's for the Mega farm, and I really hope that some of the money will go to some buybacks
Don't remember more now..
In my opinion it is too soon to evaluate the value of sjap now when they are doing some 800? heads in one Q :)
But if they are having a potential deal/partnership with some big company like whole foods, it's a very good timing ;) it is also a good timing to acquire stake in the mega farm
We will see pretty soon where this goes
From EC letter:
Initiated work to unlock value in the corporate structure
A review of the corporate structure has led to a decision by the Board of Directors on November 11, 2014 to evaluate and to explore proposed listing opportunities available to the integrated cattle farm joint venture in Xining, which we refer to as "SJAP." In this respect, a suitable financial advisor will be hired to evaluate and to explore the said listing as well as any prospects for domestic or international merger and acquisition or disposition transactions for SJAP. The primary purpose of this process is to crystallize the values that have been built in SJAP. The Company expects to work closely with ECAB throughout this process.
http://www.naturalnews.com/036584_whole_foods_organic_produce_china.html#
They are buying from China, but have difficulty to be certain that it is organic products, a partnership with siaf should provide and secure that the organic label are for real
Could be if they want to buy some % of sjap.
Whole foods market partnership :)
I got some personal tips
TA is almost nothing worth on this stock.
And if you don't have lvl2, don't trade it at all.
We have seen dumping before that kills the stock and buyers that brings the rsi above 90 for weeks.
And if you trade it, always remember that you could get less shares next time when you buy back your shares, ESPECIALLY if you don't have lvl2.
So if you trade it, don't trade with 100% of your shares, I trade sometimes with 5-25% of total to avoid getting a lot less shares if it comes great news or a fast uptrend.
You have to have the mentality in this stock, never forget that this is a 20 bucks stock!
As long as you believe in this company in the long term, stick to your plan even if it drops 20% in one day.
This stock it's all about looking for aggressive big buyers or aggressive big sellers through lvl2, and when the power of them are about to ends.
With all these printing of free money it shouldn't suprice me if we are having a superbull like in the dot-com bubble..
Initiated work to unlock value in the corporate structure
A review of the corporate structure has led to a decision by the Board of Directors on November 11, 2014 to evaluate and to explore proposed listing opportunities available to the integrated cattle farm joint venture in Xining, which we refer to as "SJAP." In this respect, a suitable financial advisor will be hired to evaluate and to explore the said listing as well as any prospects for domestic or international merger and acquisition or disposition transactions for SJAP. The primary purpose of this process is to crystallize the values that have been built in SJAP. The Company expects to work closely with ECAB throughout this process.