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Are u kidding me? Has the trw-listing in HK all of a sudden become 3 years delayed? I guess it will never happen.
So I take it that the earlier announced financing is no longer valid?
Question: who on earth would want to buy into the pre-IPO with the Siaf stock chrashing? It would be sooooo much cheaper to buy Siaf?
Is it game over for real? I sold my shares months ago, so I'm not emotionally engaged any longer, but I care for people I know and the fact that management has screwed so many shareholders. Solomon could have done so many things differently, not to mention the a-shares, that would have saved the situation.
I'm pretty sure there will not be any listing in HK, no pre-ipo, and most importantly... no loan. How much will that take us down?
I was sure the company would provide an update PR before the CC. Crazy slaughter in cc if they don't.
Yeah,
that has been the promise for the last six years, if you've listened to the company.
I'm pretty sure nothing will come out of it this time either, and I'm trying to get more realistic expectations.
What tells you there will actually be a pre-IPO? It's just words from SIAF, right? In their dreams.
So, I think it's fair to assume that SIAF will fail in all they try to achieve in terms of getting external financing and listing activities. I've seen way too much to believe they will make it. So for me it's more relevant to speculate in feasible scenarios given no loans, no listings, no pre-IPO. What will happen then?
Slower build out of MF, but higher equity ownership? Higher share dilution? What else. Because now I will have no illusions, so it's all about if this play is good enough even without the anticipated corp finanace activities.
SIAF promised some info before or at the same time as the report earlier this March, I can't remember what info that was. FAQ for pre-IPO? Revealing financiers?
Can someone please help?
Do we have an actual gain in value of Triway, in such that someone in this carve-out exercise actually paid for their portion of shares corresponding to an enterprise value of 340 MUSD?
Or did Siaf simply say that this is the new value of Triway, and we own 36% of it, and we hope that the market will agree on this valuation?
Sorry, been away for some time, but what is GOOSE?
When is the q-report due?
Who are coming to our 100 dollar party this summer? I'll buy everyone beer
But Triway was supposed to be listed in Oslo, the mother of all seafood exchanges. What happened to that? Now it's HK?
Why is everybody talking about aqua IPO in HK, have they abandoned the Oslo listing?
Oh for f*cks sake, this is the most depressing thing I've ever seen, typical Jordanfund venture I'm afraid. These guys never end to disappoint us. Geez.
I wonder if the ship is sinking for real or if they will manage to get that top notch loan and start production at mega farm in Q4. I'm not holding my breath anymore, or I would've been dead.
This is so depressing, so dead...
Is the US PR firm a hint that they got busted in Oslo? So now they will try on Nasdaq or NYSE. Oslo certainly hasn't played out as desired.
Joe, you're the biggest fraud. At least you're amusing, sometimes...
Good luck.
Anyone knows if FD is still on to this case? I actually thought it was strange about a year ago when FD had his conference and they emphasized how well FD and Solomon got along. Hm, made it look they other way around, really. And now complete silence from FD.
I wish I would have realized this earlier. Tonight I understand that the company will probably not be able to achieve anything substantial in the foreseeable future, no spinoff, no uplisting, no financing, no start off production of MF, etc. it's obvious they can't pull it off. I don't expect any major achievements in the next 12-24 months. I feel so naive, sorry for wining.
Agree, it's pathetic.
What's this crap:
"Without this sector shortfall, sequential quarterly total gross profits would have increased by approximately USD 1.6M (or 7.5 percent)."
LOL
For two years now I've been told that next quarter will be better off because then whole sale is accelerating, or then the deboning will accelerate, or then the MF will start to produce, or next month the construction will ramp up again. Hell, it seems to never happen. Beef prices see a total collapse. Omg
What's this shit about whether preventing them from constructing? They earlier announced that roofing would make them independent of the weather for further construction, didn't they.
For how long have they complained about lack of eels now. It's not a very flexible aqua business they have, they have blamed it on the eels for many quarters now. Why don't they get going with prawns instead.
This team is crashing this whole thing
Welcome onboard Oslo investors, hehe.
Where is FD? He was last seen on a flight to Rio...
-56% in rev from project development!!
-31% in rev from sale of goods!!
This is an epic collapse.
OM f*cking G, the shit is accelerating. I wonder if they ever get this right.
When will this second phase of PF4=MF start? The first phase, is it close to being finished?
We had a number of good events happening early 2016, but it feels like most of that positive spirit is blown away. If it has taken 3 years for the company trying to pull things off, it could just as well take another 3 years.
The spin-off seems to be soooo far off. If they want to acquire stakes in the SFJVs first, we'd better get used to waiting.
And not a freaking word why aqua revenues are down by almost 20% YoY. Or at least not where you easily can find it.
Results on aqua sucks.
I've read it in Siaf quarterly reports some years ago, quarter after quarter. And now someone here on the board wrote that the approvals are still pending. Very worrisome if true.
Could someone more initiated shed some light on this, please?
It actually worries me quite a bit, this thing that they need to have the SFJVs approved by the Chinese. They have been waiting something like 3 years for some of those, if I recall this right. What tells you they will ever get them. I guess a hefty bribe could solve it...
Aha, it says that Björn Myrseth will join the board of the new aqua play. It even seems he will be the chairman, or? This is super cool.
On slide 18 they mention 300.000 MT as early as 2025. It used to be 20yrs from 2014.
Is there a link to a presentation or could someone summarize main take aways from Dr O
Sounds too cheap, doesn't it?
Ok, very interesting. Bertil basically says that they will not list the aquaculture company before they own the JVs. This could of course take time given that they need more capital. Also, I believe they need approval from Chinese authorities for the new SFJV entities before they can take on ownership, something which seems to take forever...
But he still hopes for a listing in 2016. I wouldn't hold my breath for it.
What's happening with that Arctic report? Arctic has been totally absent for about a year. Do we have a "Penser" and "Mangold" all over again? Worries me a bit...
I can buy FN shares to my KF, so I would think it works with ISK too.