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I dont agree.
In the beginning he was important för the Company.
Mabe this is an explanation why Nisse Sandberg totally stopped writing about SIAF at JF:s homepage.
He ha s not written a single word about SIAF since the Company left Mercure market. NS even stopped promoting SIAF totally at his homepage.
Anyone here who is a member at JF and can explain NS behaviour?
Earlier he promoted SIAF almost daily.
No.
We´ve never mentioned this. Mabe next time
I smile a bit when i read your messages.
I´ve also been here for about 7 years and am a shareholder since then (not even close to your amount of shares) but still..
You`ve written a lot of positive postings about FD.....
I live close Stockholm and try to have a yearly chat with NS every year.
I´ve talked to him about 5 times about SIAF.
NS has never said a bad word about Solomon. The only thing he said is that Salomon is learning. When I asked him if Solomon is stubborn he laughed.
Of course you have to understand that Salomon not is used to lead a billion company.
My understanding is that Solomon is very willing to learn.
I´ll give you right about Yap
Of course NS had told Solomon about FD!
I think thats why SIAF now in repaying their loan to ECAB.
By the way. I´ve red a lot negative here about mr Yap.
NS told me last year, about when SIAF were in Sweden to get financing,
GY was so rude that NS, the day after the meeting with the banks, had to go back to the banks the day after their meeting and apologizing for GY:s behaviour!!
I talked to NS a year ago.He said that FD was the worst person he has ever met. It was red flags all over. All FD was interested in was to earn money. He didn´t care a sh*it about SIAF.
Last time, half year ago, when I asked about FD he said that it wasn´t FD who put the money into SIAF. It was a few norwegian billionares who had put in their money. NS then said "now the norwegians probably bites FD in his a*s" with a smile.
From JF (=NS) today:
Detta torde lösa lejonparten av bolagets kapital-behov för aktuella investeringar. Inklusive Zhongsan-farmen med bl a målet 200-300.000 ton förstaklass ekologiskt odlade räkor.
Translated:
"This should solve most of the company´s capital need for actual investments. Inclusive the Zongsan-farm with the target 200-300 000 mt first class ecological cultured prawns"
NS call this a JUMBOLOAN!
Nothing special.
Just a sentence about SIAF:s development at that time.
I agree
When I talked to NS in november he said that BT didn't have a lot of work to do and that BT has a large salary.
NS even told me that Erik Ahl were working on a project in Norway at the time.
Same here
I had inquired about megafarm status to swedish Ir, Eric Ahl.
He answered:
Hej X,
Tack för ditt mail och din fråga!
Vi avser återkomma med en uppdatering om Zhongshan projektet i närtid pga av det som kommunicerats som du anger nedan.
Tyvärr kan jag inte ge dig ytterligare information vid detta tillfälle.
Translated (Google)
Hello X,
Thanks for your email and your question!
We intend to come back with an update on Zhongshan project in the near future because of what has been communicated that you specify below.
Unfortunately I can not give you further details at this time.
Yesterday I got this message from Nordnet:
Hej,
Sino Agro Food (SIAF) har meddelat att de planerar att lista sig på den nya marknadsplatsen Oslo Merkur Market med första preliminära handelsdag den 13 januari. Nordnet kommer inom kort att publicera ett konverteringserbjudande.
Translated:
Sino Agro Food ( SIAF ) has announced that it plans to list on the new marketplace Oslo Merkur Market with the first preliminary trading on 13 January. Nordnet will shortly publish a conversion offer.
JF (Nisse) writes today 17.02 swedish time:
Hittills idag har SIAF omsatt 134.000 aktier i spannet 10.30-11.40, stängde igår 9.20 usd.
Idag har Stockholm halvdag och i morgon stängt, men i USA där aktier fortsatt nu noteras är det helöppet. Först to-fr är svenskarna med igen.
Nu är det fritt för fonder och institutioner att handla aktien då noteringsdag är fastställd(13 jan). Dagens p/e i spannet 1-2 skall väl sedan så småningom maka sig upp till branschens minimital runt 7 och kanske senare till snittet för branschen som internationellt ligger runt 9-12. Bonus för ekomat finns då inte med. Vore kanske kul att se de gamla talen komma till heders igen.
Google translated:
So far today SIAF traded 134,000 shares in the range of 10:30 to 11:40 , closed yesterday 9.20 usd .
Today Stockholm half-day and to-morrow closed, but in the US where equities continued now noted it is fully open . First, to- fr Swedes with again .
Now it is free for funds and institutions to trade shares since listing date is fixed (13 Jan) . Today's p / e in the range of 1-2 should then eventually escalate up to the industry's minimum figure around 7 and perhaps later to the average for the industry internationally is around 9-12 . Bonus for organic food is not included. Would perhaps be nice to see the old quarters to come into favor .
I know that NS dislike FD
I also know that NS don´t like OSE.
I also know that Salomon and FD is not
I even know that Salomon:s and FD:s relation in not as good as it looks to be.
when I google at "skämma bort" in swedish i get the word "spoil"
When I google "spoil" i get the swedish word "förstöra" which means destroy. "skämma bort" is the opposite. It means that the company earlier have made the shareholders comfortable by every time making better results to low p/e.
From JF:s homepage:
JF flags today that JF bought more SIAF shares this week!!!
RD is right.
I have a Nordnet IPS account.
Yesterday I got a message from them there they wrote that they had found out that it was illegal to own shares at this Bill Board. It would have been Ok if SIAF were on NQ or DJ but not on this OTC BB.
Therefore, they wrote, that they will sell my SIAF shares at a time this week (W10). They didn´t write at what time they will sell my shares.Therefore I sold all my SIAF shares immediately which I had at my IPS account. However I still have my SIAF shares at my normal account.
My SIAF shares at my IPS were about 10% of my total.
I can´t buy the shares back because the IPS money are locked to that account until I will retire
Mabe a sticky
It´s not a new picture. You can see the picture on the movie about SIAF Zhongshan Prawn Project which were released on Facebook 3 feb.
Not SIAF related. The trip was about a table tennis tournament
S were asked, after the meeting on tuesday, about how many shareholders there were in SIAF in total. He answered "I think more than 10 000". A guy (don´t know who) who stood close to S said "and in Sweden 5800 of them".
Quote:
Solomon answered this one, I'm pretty sure of, the answer was that they won't increase ownership in the WC(s) expansion to 5 WC's like the one in Shanghai across PRC is his priority, maybe someone more could confirm they heard the same thing!?
I agree with you.
S even said, after the meeting: we have a lot of "small" sharheolders but we need some more BIG shareholders.
Mabe it´s time to ask HB if he got any news.
He was visiting the meeting and even stayed at the same hotel as management.
You are right. It´s about the Mega Farm.
(NS told me this earlier)
About Mega farm:
2000 MT in March 2015
I Heard S himself when he told this to another guy.
http://www.mangold.se/MangoldOnline/
S even said that Penser is out because they didn´t do anything for SIAF.
Someone else told me that Mangold is a commissioner which take risks....
and Penser don´t.....
I also visited the meeting.
S + Peter + Dan + Anthony + NS was there from the Company.
Only S and Dan were speaking.
First S talked about 25 minutes. After that S was asked a lot of relevant questions by Peter Hoijer from Jordanfund.
I talked to P Hoijer after the meeting and he told me that it was him who had "found" SIAF to the Jordanfound and that he was the first Swedish shareholder in this Company.
A lot of the answers has alrady been mentioned here.
There was not any talk about any share buy-back.
S was in a very good mood.
He said that it was not impossible to sell HU but instead increace the immortial v.
S said that there were nothing for sale regarding the Company right now but even said "if there comes an offer i can´t resist"
he was avalible for selling.
About taxes- Prawns and cattle are tax free but when the cattles have passed the abbatoir then they will have to pay taxes.
He even called the Shanghai distribution center for an "experiment". This because there will be more of them ( I Think he mentioned 5). Each of them will sell 1000 mt of beef and 1000 mt of sea-food/month. Both fresh and frozen. This 5 centers will come in a few years.
S was asked: what would help turning the price of the shares?
He answered "It will come several good news soon".
Stockholm is prio 1 for listing.
After the meeting i Heard S say that Mangold is the commissioner who will take SIAF to listing. As I understood it will be listed at FN. S thought SIAF would be listed in early 2015.
He was asked about the most critical point.
S answered that it was to educate people or get enough educated personal to SIAF.
About restaurants: They will be listed later. Type of frenchaising.
As far as I understood, it was not shure that SJAP would be the first spin-off. Salomon said thet he didn´t like the word spin-off. This because he still wants to control the company.
He was asked about the dividend. I saw that someone already wrote about this here on Ihub but he also mentioned that the policy will be the same as it has been before.
S was fully awere about the "cattle-threat" from aussie.
He said that the "bulk-meat" which comes from aussie is not so intresting for chinese people. He said the better quality, the better price and a lot easier to sell. Therefore he will rise the meat quality further more.
The SIAF people arrived to Stockholm Sunday and will return to China om friday, after several meetings.
I think that´s all for now
He said 300 000 for 2017
RD
You got mail
Nordnet
Bought more SIAF to my IPS this week.
I got an e-mail from Nordnet because I´m also a client there.
One of the two biggest Swedish E-brookers (Nordnet) left this message today:
Nordnet customers favourite stocks on the american markets. Here is the list of the ten USA stocks which are the most popular among our customers right now:
1. APPLE COMPUTER
2. SINO AGRO FOODS
3. GOOGLE
4. ALIBABA GROUP ADS
5. BERKSHIRE HATHAWAY INC B
6. TESLA MOTORS INC
7. FACEBOOK INC
8. MONSANTO
9. COCA-COLA CO
10. OXIGENE INC
* The statistics is based on those american companies which have the most numbers of shareholders among Nordnet Banks swedish customers in the middle of october.
No numbers were given
JF has NO explanation to why the pps went down today.
From their homepage, in Swedish:
"SIAF dök idag över -30% innan recovery till -13% och 87 cent. JF har ingen bra förklaring till det massiva utsäljandet(3,5 milj aktier) annat än att gissningen gick till en stor aktieägare i bolaget som tvångsförsåldes i spåren av kraschande oljepris.
Bolaget går bättre än någonsin och har releasat en större finansiering som stoppar nya aktier till marknaden en lång rad av år. Att ovanribban på kapitalgränsen ändå höjs nu har med att göra det konvertlån (5,5 år) man tagit där striken är 1 USD - detta måste man tekniskt täcka in i bruttosiffran på aktietaket - har alltså inget att göra med att betala räkningar etc. På den punkten kan alla somna om - och om en dag som denna ger billiga aktier , köp då "billigt" för en gångs skull. Vänta inte återigen till aktierna blir "dyra"."
JF have a guess that one BIG shareholder had to sell off because of the crashing oil-price.
JF also wrote "if it is a day like this, then BUY cheap for once. Don´t wait until the shares get expensive.
In this message JF also wrote: this Company goes better then ever.
Interesting news on Bloomberg today:
China's economy will continue to be under pressure for some time to come. Authorities must take targeted measures to lower corporate financing costs.It said China's prime minister Li Keqiang on Tuesday, Chinese State television reported, according to the Bloomberg News
CC now avalible at SIAS:s homepage (MP3)
First message from JF:
SINO AGRO FOOD has file extension of the board of the company with two independent members who are Daniel Ritchey (USA) and Anthony Soh (Malaysia).
MORE THAN 50% of the Board consists of independent members, which is Nasdaq's Board requirements for listing. 4 of 7. The other independent is George Yap (Australia) and Nils-E Sandberg (Sweden).
Then the revised message:
SINO AGRO FOOD works on with the work against listing on Nasdaq. Not later than the 20th of February, the company has promised an update on dividend policy and dividend for 2012. The company is therefore expected to shortly bring to notice of this. Before you get to the Nasdaq, also some complementary approaches must be done. This evrerybody can read either on State of Nevada (Silver Flume, Nevada due's Business) or at the SEC for example.
4 done, 3 to go. RS, CFO, ... I think we are really close now..
I´m not saying that all of the selling/buying is Swedish "tax-trixing" but I´m convinced that a lot of it are related to that.
You even got the message from JF a few Days ago who tells that more Swedish people are in "buying mood" about SIAF.
About the tax-washing: As NJM wrote - We don´t have that kind in Sweden. We can buy the same day, but later to the selling, to use our tax-wash.
A lot of swedes had earned big money on their shares in 2013.
The average increase was a bit over 20% at Nasdaq OMX in Sweden this year.