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What would happen if Solomon passed away anytime soon, what is the scenario for that case? I wish him good health but the guy is 75 years.
I understand the point, but that is only for the shareholders perspective as we dont wanna see pps decline. But as a company they should clean up the mess before cash divident, that just makes more sense, I would be super happy with divident but it would be very desperate. The ppl that are long and especially the management should take best decision for the company, not only best for the pps.
I think the company should do things in the "right" order, prio is to pay back the "toxic" loan. It would be ilogic to pay cash divident when we will have real issues, It would also create a mess since the lender would also get alot of cash since they hold more than 1/3 of the shares.
I will join, don't post much anyways. I though hope someone can inform SIAF to make sure they know whats happening.Im not sure they read this forum, best care Peter Grossman check in sometimes.
How is not writing here gonna help, do they even read this forum?
Zero may not be able to write sentences but is for sure the richest here (or the one paying his salary). But dont be to greedy Zero, maybe time to cover and find a new stock.
What did your calaculation show, what is the inventory turnover? I'm not sure what is industry standard but should be 4 times/year?
Why are not the partners buying some SIAF shares, shouldnt they see how undervalued the company is?
Even though that would be nice, the companies new policy is to not give any updates on these topics other than durinfG CC or when they have something completed.
I think ppl has to decide, do you want carrots or not? The company has finally decided to stop with it, I think this is good!
For me it sounds strange, for a company with revenue of such scale I would expect 500 white collars. No?
It is though impressive that SIAF got such big chunk of land in the "middle" of this 100m people economic area.
https://www.google.se/maps/search/google/@22.5411495,113.5685525,3500m/data=!3m1!1e3
If I check the "mega farm" at google, it doesnt really look like a place that should be valued at 300 mdollar. I can see two small buildings, help me out here. Is the 9000MT produced in these two small things.
What is all the squares in teh ground, is it plantations or outdoor aquafarming?
Omg thats picture.
Do Arne Fredly and Herbjörn Hansson still own shares in SIAF?
He is now an insider and cant't buy whenever like before. When reaching 10% everything needs to be PR'd.
Purchased 13 000 on monday, looks like it was good timing, but lets see...
They have another loan additional to the mega loan... They are working hard on solving the colladaral shares, It is a big priority for the company.
What do you mean, broken promises? Why not invest at those levels? At what time did you get out?
Yh, it was a such easy and logic explanation, also a pretty good eg. how misstrusted SIAF is, it took 2 minutes before everyone started blamning the management for beeng incompetent.
Maybe it just turned out we are the incompetent ones :)
I have spoken to several ppl and have tried to add it all together and read between the lines. But I don't know any details and it's also just my interpretation.
Btw, the reason for investing in boiler now was becouse the tanks needed to be empty during installation...
To clarify, I have two statements from the company that more or less comfirm that there is another loan. I also know what FD and S meet 3 times in stockholm, additionally i also got indication that Alessandros mystic loan will be replaced.
Before that I got the information about retire FD loan.
When speaking with FD I also understood he wanted to make something differently.
I was more interested in how you see that there are shares dedicated for that, how many shares are outstanding after all loan is paid back, how many colladaral and what is the gap?
What I cannot understand is if this loan is with Dalessandro or FD.
I have information that there is a loan (not mega)...
But how did you conclude this RD, I read all your posts, could u quick summarize ur reasoning?
Lucky Loser, Thanks for sharing, It would be interesting if you could share the questions to give the answer better context.
Was the filling showing reduced OS I guess it was just based on December?
Jyyoo, how do you know such detailed information?
Why make a scam that long, why not just pump and dump? Announce a fake 100 million dollar loan and sell all shares or smth.
You are not a shareholder anymore ? If so why?
Withou disclosing the CFO's email but it ends with @usa.com
What the heck is that, shouldnt that be for ppl working at the government or smth? For me it sounds worse than having a CFO having gmail.com
For not speaking about Solomon who has "VIP" in his email
I have seen ur name 1000s time and its first time I understood ur name is "handla mera" which in swedish means "buy more" :)
How are you so sure market is so off.
The reduction is value is beyond what anyone could imagine and we are watching a complete collapse.
This is not normal, I would be happy to know the american company fraud us, at least then I would know what the problem is.
I don't think they have any which are not dependent on the loan... Thats the issue for me
Many assum me they might pay back the loan. They might renego the loan, keep that in mind
Lawsuit? I wanna buy more, I just need to be confident that they have plans for short term, right now I only see the loan, but it is too risky to rely on just one trigger, even though I belive it will happen.
TS, have you spoken to Solomon recently? This is a complete collapse of the pps, I see no actionplan yet.
What would happen with S and D if this turned out to be a fraud? I know that for Chinese fraud it was very tricky to sue them. Since S and D is US and Australian citizent, is it different ?
Can someone call Peter, I have called him twice in 2 months already, could be good if someone else called. Get some indication on the loan, increase in shares, if u have balls ask about the compansation to Mgmt.
I also made calculation based on cyrrent valuation.
360 000/0,7* 25 = 13 000 000 dollar. That salary is approx equal than top 5-10 CEOs in sweden responsible for prob. 100-200 bdollar.
Solomon is responsible for 0,4 bdollar.
If we only consider the current value of 360 000 dollar+ 360 000 dollar, in sweden you would have to be responsible for around 5-10 bdollar company.