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Nädå..
For sure a lot but we could see 0.50 again soon..
Looks like we have institutional buyers here today
New MF pictures on facebook.
I think and I really hope that this "near future" isn't like the last 2 years of "near future".
Great :)
I don't like it, but we should expect us a reversed split announcement soon. If we do a reversed split and don't get nasdaq then we will see new lowest, without any doubts
But I still think it is a 50 % chance to get us to nasdaq this year, even if this company does everything to burn this chance. I hope that we will see better judgments in the future from this company. Good and early calls and no divi pumping or other stupid time projections
No but they can buy back the shares that JV:s holding
It feels like it could be three possibilities: it's a new buyer who will end up buying as soon Solomon kicks off the dilution again, otherwise it could be that Solomon has received funding and that enabled him to buy back those 10 M shares , or it's the mega farm's clients who buy up everything to perhaps the book value..
The difference this time from before is that dilution ended before they began buying, otherwise it has always been so buyers bought enough with dilutive shares that they paused the dilution
Nice reboot
it is fun to see, most people who buy SIAF buying for the future..
I think we will need a buying power of one million to go over the 0.50 resistance. A lots of shares was sold at 0.36-0.40
I wonder if this is the same big player that bought lots of shares when the mega farm contract was signed.
Around december 16th
That fertilizer division is awesome..
We will se a nice growth when the abattoir is up and running
I think it is a payment for the megafarm
No, Solomon doesn't have shareholders as first priority as you can see at the share price..
Stuck in that damn S1 for a year.. And where is that forward looking statement? He waited 5 months to announce the mega farm.
He is not a good pumper as some of those questionable Chinese companies ;)
It's a very promising company
They have already achieved a lot on these few years they have operated, it is up to each of us to decide when you want to invest. When it is risky or when everything is perfect. We have a lot of signs already that it is going to be a profitable company in the future.
Yes, we are here in the right time and place. And it will continues to be the right time and place for long time ahead. I will not sell all of my shares at 5$ next year if we got nasdaq listing now.
I want 20 cent in dividend every quarter and a price/share growth each year. And i would be pissed if i sold out all of my shares at 5$ and the share price is at 40 bucks in 10 years from now.
As soon as that dilution stops and the chart is green more often than red, it will not take a long time before we all have forgotten these dark and struggling days, well maybe a few ihub members will remember ;)
Nasdaq will happen eventually if not now.
Only for the mega project itself is 20 years of growth secured, even if we end up with 300 million shares in the company, we will have have an eps of $ 5, only from that farm, and that's without having the slightest ownership. I understands why Solomon is angry at the market, and i also understands why the market is angry at Solomon.
That means that I'm here for dividends, i believe that the dividends will give me enough money for my living in the future.
But yes i do some swing trading with 5-30 % of those total 25% to make my own divis for now :)
I feel quite positive that this one is going to succeed if i give it a couple of years. And if it doesn't succeed i can live with that as well.
:)
I hope for everyone's sake that we will have a bond that becomes successful.
Nasdaq is not that important, if we get financing and stop the dilution.
We should do the buybacks at a low shareprice, and yes i'm in for the long term here ;)
Fully invested in siaf now. Total 25 % of my portfolio.
well, we should see that forward looking statement tonight.
Cheap shares now at 0.38 ;)
We should expect a statement soon..
Probably something that benefits us shareholders
Abattoir dragged on time has probably ruined a few million, but Solomon wrote: In our five year plan, it was not considered that we would get a mega contract. So hopefully we have earned it back on the mega contract.
And it was:
As of April 7, 2014, there were 153,692,043 shares of our common stock issued and outstanding.
I think we can overlook these 7 million shares so far... No I think they will say that they will not need to raise the number of shares
Of course, but remember that the need for money does not have a linear curve.
If they had, for example the need for $ 2 million extra in January. And we need perhaps 1 million this month and in three months maybe only 200 000 dollars.
So the need for dilution decreases for each month. 5 million shares may at the end be enough for 5 months .. However, they'll probably dilute us everything as fast as possible to be done with the dilution.
I do not think they should sign up to come to Charlotte with empty hands, not with the current share price..
Yes, around 14 million shares left for dilution. I think Solomon will bring good news to the conference call, for once! I think we will get the message that no increases in the stock number will be needed. We had just over one million of cash at year-end. Now they have struggled for nearly five months with 21 million shares so we should be very near the end now on dilution with "only" 14 million shares remaining. Cash flow positive in Q3 ;)
Well, i think they can suprise us after those 170 M issued
It was a long time since we heard anything about SJAP and the abbattoir...
I think that Solomon should have an ace up his sleeve when he will hold meeting in Charlotte. As in Stockholm with mega contract.
Outstanding shares should be a bit over 150 M now.
If Solomon announces that the dilution has come to an end now after these 170 M, in or after the Q4 report.
That's an very possible scenario now.. After this MF contract, and they should have the possibility to take a one year loan now.
How long time do you guys think it will take before the SP are at 1 $ if that happened?
Well, after this mega contract i'm not even a little worried to get my money back..
Last day tomorrow on these levels?
Think in going to buy som cheap shares now :)
It's more and better pictures on the current website now.
But if you look at the "farm service" there is a great picture at a nice computer :)
STXG is in a buying mode
It looks like 0.46 is the new 0.43..
3 cent for a megafarm, that's a cheap one ;)
I Agree, they can issue those "restricted" shares if they want
I think we are at 150> M now.
Because of high volume, 2 legs, 50 % of the gain is gone..