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You say the shareholders have paid, but I say the shareholders are right and the rest of the "market" has to catch up to the reality.
SIAF's 5-Year Top 12 Key Financial Summary
http://sinoagrofood.investorroom.com/index.php?s=63
I like the possibilities that the startup of the Swedish sub will allow. To the Swedish members of this board: What are the chances of placing an IPO on OMX only for this new Swedish company? For instance, if they sell 40% interest in the Swedish sub, they might be able to raise $50 million to start some demo farms in Sweden for prawns or shrimp.
Other waves:
1. Energy independence (mash gas production and use of solar)
2. Land usage (low quality land put into production)
3. Introduction of agriculture into areas of the country not previously thought to be able to support use. (cattle in the south)
There is nothing new as far as I know. You have to realize that revenues from their production activities will not begin until later next spring. By June, we should have some idea about what this company will be capable of doing. Until then, expect the share price to be volatile.
My evaluation of S's five year plan.
1. Creation of demo farms. Grade A Profitable while being technically advanced and ecologically aware. High quality products that attract premium prices in the marketplace.
2. Government relations. Grade A. Dragon head award speaks for itself.
3. Shareholder relations. Grade Incomplete. Unable to evaluate the relationship between dilution and future growth at this time. In other words, the big payoff is still unsure. If we get the big payoff, then the grade is A. If not, then the grade is F.
Sunday morning on Fox News there was an interview with a doctor who heartily endorsed the use and continued research into the health benefits of green tea catechins.
Instead of the word dumpers, you might want to substitute machine (computer) generated trading. The programs buy and sell the same shares several times a day and make small amounts on each move. Think of it as the computers from one MM selling to another MM then buying again from another MM in order to sell to a fourth MM. Total shares traded is high, but the actual shares involved is probably only a small percentage of the daily volume. The same shares might change hands many times a day on a high volume day like today. That explains the unlimited amount of shares allegedly dumped
New video on the SIAF facebook page about flower pattern eels being grown on PF2, not imported.
https://www.facebook.com/photo.php?v=622902204440615
I expect the volume of shares traded will be very low today due to the number of short traders not moving shares. Shorts need high volume to hide behind.
I don't care that some of the info is confused. Just keep the tone positive and the shorts will #### all over themselves heading for the exit.
NJM
You and I think exactly the same thing.
I don't remember who set up all the information above the message list, but it hasn't been updated in over a year. My suggestion is either an update or a deletion.
The number of followers of this message board has now increased to 213 and the newbies deserve the current facts.
Corporate (Marketing and Trading)
The Corporate Division (SIAF)
The Corporate Division (SIAF) is also known as the Company's Marketing and Trading Division. For the first nine months of 2013, the Corporate Division generated the following business income to fund its shared services operations’ working capital annual budget:
Wholesale Centers 1 and 2 (WC1 and WC2)
SIAF's Wholesale and Distribution Facilities development project for Guangzhou City NaWei Trading Co., Ltd. (NWT), included design, construction, and project management of the business operation of a specialized, modern beef wholesale and distribution center (Wholesale Center 2 or WC2). We have completed a freezing room facility that has the capacity to store up to 150 MT of frozen food at -25° Celsius, with renovation and alteration work progressing on other facilities (e.g., wholesale shop, packaging and processing facility, office, dry good storage, and function room).
Leonie’s Restaurants and Commissaries
The Leonie's restaurant chain has completed its Central Kitchen, and the Central Bakery has been in operation since May 2013. Four restaurants are complete; work is in progress on two others.
The Central Kitchen and related facilities development project is complete, including design, construction, project management of development, and management of business operation for Guangzhou City Wangxiangcheng (WXC), an unrelated Chinese company. This project (Central Facility 1) includes a Central Kitchen, a Central Bakery, a fast food restaurant, and three mobile food stores situated adjacent to WC2.
SIAF continue to manage the Leonie’s restaurant development project, including design, construction, project management, and management of business operations for WXC.
Leonie’s restaurants as of November 22, 2013:
Restaurant 1 at River South District has operated for over 18 months
Restaurant 2 (at the UU Park Complex, Tianhe District) has operated for 10 months
Restaurant 3 (at the Sporting Complex, Tianhe District) has operated since March 2013
Restaurant 4, located at Harbor City Shopping Center, Guangzhou City, commenced business operations on October 31, 2013.
Design and construction plans for Restaurant 5 (located at the center of Zhungzhen City, about a 35 minute drive from the Guangzhou City) were approved. Restaurant (5) renovation is 75% completed as of October 31, 2013, targeting operations to begin within December, 2013.
Restaurant 6 (at the Li Wan District, next to Wholesale Center 1) started renovation work as of September 15, 2013.
Collectively, these six restaurants cover a total gross area of 5,800 m2 (about 63,800 ft2) with seating capacity for 1,370 persons. As of October 31, 2013, our plans to establish three additional smaller shops selling and catering specialized gourmet food were initiated, targeting business operation on or before December 31, 2013.
Import Export Trading Center
During the third quarter of 2013, SIAF imported and sold over 12 x 40’ sea containers of seafood from various countries (i.e. Russia, Malaysia, Thailand, Vietnam, Chile, etc.) and we did very well from Madagascar having imported over 500 MT of live seafood (including Mud crabs, flower pattern eels and other trailed variety of fish etc.)
We are constructing a trading complex for SIAF’s Import and Export operations at another building adjacent to the Wholesale Center 1 and 2 (the “Trading Center”). As of November 22, 2013, the Trading Center is importing frozen and fresh chilled and live seafood (i.e., cuttlefish, squid, prawns, salmon, crabs and eels) from Malaysia, Thailand, Russia and Madagascar and other local coastal fishing towns. The imported seafood is sold to WC1 for WC1’s distribution and sales into various reputable food chain outlets, wholesale market stores, and super market chains in the Guangzhou City, Shanghai City as well as in the southern coastal towns of the Guangdong Province.
We expect to be appointed the turnkey solution provider given our current success on existing projects with our Chinese investor, who owns the Guangzhou City Wangxiangcheng (WXC’s) development plan, to develop over 50 gourmet restaurants and fast food outlets collectively within 2 years (2013 to 2014), and via Guangzhou City NaWei trading Co. Ltd (NWT) on the development of a number of modern health food department chains in Guangzhou City during 2014 and 2015. In these cases, SIAF will operate as engineering consultant, management service provider, and marketer. As such, we expect SIAF’s business and engineering development division to be kept busy for the next three years. At the same time we continue to develop our import and export trades, and the seafood value added trades in harmony with WXC’s and NWT’s capacities to maintain our growth rates in the sales of fish, seafood and beef products. In this way, we optimize momentum as we materialize our business vision of vertically integrated operations.
Watch the world shrimp/prawn market for some dramatic price increases next year. The combination of disease and the total shut down of the aquaculture industry in India will definitely produce shortages.
One possible scenario for the issuance of the abbatoir license.
Siaf: We want to build one.
Local Commie committee: Ok, see my cousin Garwor.
Garwor: Yes yes, it can be done, just make me partner and I will make the arrangements.
Local committee: So how much did you get and where's our cut?
If the liquidity would disappear, so would the short traders. They need high liquidity to operate.
It should be easily realized that a company with a 46% increase in quarterly revenues is not in economic distress. Overwhelmed with good fortune, but not in any trouble.
Last years 10-Q was filed on Nov 15.
The 10-Q has to be filed 45 days after the close of books for the previous quarter. In other words, Nov 15, 2013 - Friday.
You can easily include Ironridge in that list of toxic financiers linked to BMAK. You can also count on Ironridge to be the source of loaning shares for short trading.
You should know what we are dealing with here.
BMAK is a market maker, acting as agent for individuals and institutions. Read the article from this web site to get an idea about their operation.
http://www.pumpsanddumps.com/p/a-closer-look-at-awesome-penny-stocks.html
Here is the highlight from the story.
"On July 26, 2013, Anthony Kerrigone was hired by another market maker, BMA Securities (BMAK). BMAK is best known for their close association with toxic financiers like Magna Group, Fairhills Capital, Asher Enterprises, and others."
Short squeeze today, for one thing.
There has been some advertising this week from a company using a competitive process. It is for a product sold at GNC. The relevant information though is that the catch-words "catechin" and "neutraceutical" were used prominently.
IMO, the product used an inferior ingredient to what Plandai offers. I just thought it could be just the start of a more intense marketing effort for competitive products. This product I saw used a green tea extract that contained a minimal amount of only one of the catechins used by Plandai.
Here is the product I saw advertised, notice the price.
http://www.gnc.com/product/index.jsp?productId=2133220
My hope is that they finally realize that by slightly scaling back the ambitious expansion plan, they can finance growth by using their own cash flow. Maybe it takes one year longer, but the end result would be the same at a significantly lower price tag.
My hope is that they finally realize that by slightly scaling back the ambitious expansion plan, they can finance growth by using their own cash flow. Maybe it takes one year longer, but the end result would be the same at a significantly lower price tag.
Here is a psychological comparison between two different types of shoppers.
A woman goes to a supermarket and sees beef and prawns on sale for $.55 cents per pound. She buys a year's supply and is ecstatic.
A man sees beef and prawn at the same price and thinks that there has to be a problem somewhere.
New market for quality beef in China.
http://foodbeast.com/2013/10/01/kfc-china-ironically-has-a-layered-beef-sandwich/
Chinese Beef Market Surging
http://beefmagazine.com/blog/chinese-beef-market-surging-us-locked-out-0
Those who think there isn't short selling are members of the Flat Earth Society.
These are the last few weeks of the short traders dominating the action. Once the RS happens, the share price will be above the limit needed for institutional investing. There should be funds from the agricultural, Chinese, international, growth, and dividend sectors all interested in SIAF.
Here's a business idea that would explode.
All-Natural beef hot dog carts in Tienamen Square and outside the US embassy. It could be marketed as the favorite American lunch.
IMO, the pps should jump at the opening, especially if there are any short sellers still holding. They will now have to cover immediately.
There is only one thing that closely resembles a negative comment that can be said based on the facts. The company hasn't produced any revenue yet. However, I'm fine with an investment here because I don't want to wait and pay more for shares when the revenue starts coming in next year. Some know-it-alls can bad mouth the stock until the cows come home and I'll still be happy with my investment.
Just dipped below my avg. Time to buy some more for me.
Traders just love a stock with predictable volatility.
I expect the pace of short selling to continue. Their rational being that it worked in the past, it will work again. This time they get their fingers singed.
Moving to the other topic about the large prawn project. It becomes more realistic to think this will actually happen because of the Early Mortality Disease that is decimating the prawn harvest in other inland projects. The longer that SIAF can keep its tanks disease free makes it a prime example of technology that works. Something like prawn envy might drive sales.
Cyclonic winds are only dangerous in the immediate area of the eye. Even 50 miles away the winds would be no stronger than the typical thunderstorm. Damage should be minimal at the HU plantation, IMO. Most of the damage would come from too much rain, not wind.
My main concern with a RS would be that the shorts would see the price rise as a red flag telling them that they have more room for their own profits. A RS would have to be done at the same time as an announcement of new financing or similar.
Not really amazing. The short sellers are pumping in all their worth just to keep the price near $.40. If they ever stop selling, the price will rebound due to the buying from the groups. In the past couple of days the short volume has been about 40% of the daily volume. I see a squeeze coming on any good news.