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Well said sublazers. I might add that shareholders need to contact the company with their concerns. Who knows, they may even respond. It sure beats being depressed 24/7.
I received email from peter g. of PR for SIAF. He is polite but typical legal non-sense regarding not disclosing company operations and press releases. At least Peter is still responding which is a good thing I guess.
Hey Joe, there's still time to buy more SIAF before it goes higher.
Smart move RD, buy before loan announcement. This could easily jumped to $2 or $3 within the first day of announcement. I'm a little disappointed with Empty bailing on us. I thought he would stick around to at least hear what they (mgt) have to say around New Years.
SIAF is not a scam, maybe poorly mismanaged when it comes to financing some of the operations, but it's not a scam. Secondly, I don't care what management says I still think that some, if not most, of the collateral shares were sold which resulted in a sell-off in 2017.
RD, if they were to buy back shares how many shares are we looking at? Currently about 27m +/-
Keep your powder dry b/c if the pps jumps more than say 20% in 2 days it's probably a pretty good indicator that good news about the loan, or any other good news, is about to be released.
What? No Xmas gift from SIAF this year?
I thought we might get loan approval on or before the last trading day before xmas. Guess I was wrong.
HALF MILLION shares wed, but today ?
Last week I bought more HERB, it can't stay this low forever.
Also, the $100m loan mentioned on SIAF board, is SIAF getting the loan or is it TRW? I was under the impression that it was TRW
Thanks.
RD bought yesterday, smart move in my opinion. I'm sure Joe and Zero can't be far behind since they know a good buying opportunity when they see it
While the stock market is setting new highs siaf Is setting new lows . go figure
Emilez, positive news indeed. We keep reading all the news about the increasing demand for seafood in china yet our stock is in the "RAS" tank. Go figure
I can't believe they wouldn't consider buying back shares at these levels. I guess money is tight. At the very least why doesn't mgt buy shares.
RD, have you come to the conclusion that collateral shares are being dumped which is causing this free fall?
China's Geography Problem
On the downside of this proposed loan is that instead of dealing with 1 bank we are dealing with 5. I think we all know what it's like getting a mortgage or business loan and the meat grinder that they often put you through (questions, documentations) not to mention that it only takes one of these banks to place some unrealistic condition or mess with the loan term that could tip over the entire apple cart. But given the success of the earlier farms I remain confident that TRW will get the loan. Maybe not this year but during Q1.
Thanks Jyyoo for posting Dan's comments. The loan delay is actually not a delay but rather waiting on the completion of the year end numbers ending Sept. 30.
Hopefully RD will summarize the CC otherwise I'm afraid I will have to listen to the entire recording. Ugh !
Given the comments on the board, I'm already assuming that there is no news on loan approval.
Swede, ever since I've owned SIAF (7+ years) I was always under the impression that Solomon's heart wasn't really into the cattle side of the business. I could be wrong but given his background and the acquiring of the RAS tech. you could see why came to that conclusion.