I would have waited for the date of the dividend to be set instead of hoping it would come soon knowing the track record of the manament you hate so much. Why speculate? From 3 to 30 cents . Do you own 10 times as many shares? I guess not.No ex dividend date is set yet. What did you learn?

So does being a fool.

I just mean that you have been questioning "the savage" for a few years now and still hold on. During this time the share is down alot. Why didn't you just sell and waited him out. You dislike the management butstill you are allright with watching your shares decrease towards 0 as long as you can complain about it. Thats got to hurt.

And still you own shares and spend hours on this board RD.

Be angry at youself for trusting the wrong management. If you do not have trust for the management in a company, if you are complaining and calling them idiots it is your own fault if you invest no one elses. Everyone here seems to know Solly is diluting. Everyone hates that but still you invest and complain about him being an idiot. What about not investing until it is over with dilution. Why ride it all the way down??

Because they see this company from a different angle than you do. You look at this all linear. Maybe they are more complex than you. Maybe they have plans for siaf that you don't understand. Maybe it is time to critize your investment strategy. Think outside the box. Where ia the money? What benefits do siaf/solomon get when diluting? What happens to the megafarm if siaf go bankrupt? Why hasnt he given up his a-shares? What does he know? He owns like 10% of the company why lose that much money? Is there anyway legal or illegal S would gain from this? Are the numbers correct? Does it really cost 20 million dollars to build a water tank in china?

How is that? The shareprice is down more than 90% and you think that if if goes down further the company will start caring. Haha. That is funny. Something that is down 90 % has to go up 1000% for you to get your money back. Long works if you follow the trend but not seeing something is wrong and still hold it -90% then what is the plan? Long is just an excuse in this case for not following a logical investment strategy.

I used to own shares but when nothing really happened except dilution toxic notes etc I took my money and ran. What I don't get is what good does it make to stay with the sinking ship? Let it sink and then when rescue divers bring it up to sea level again then you buy. But warning investors not to invest and still own shares that is just weird.

But you still continue owning your shares?

Write them until they answer. Problem solved. :)

Yes you got it wrong. Just write IR and ask the if you are uncertain. That is what thy are there for.

You got part of it wrong. The 6.2 M is.
Lowest conversation rate is 1.5 USD. The share has to be at 2.3 USD or less to.get this one. In that case HE gets 2.6 mil
shares. If the price rises to say 5 USD he getsto convert to 0.65*5 = 3.25 USD.
That is the only logical explanation. The loan of 4M transforms into shares if executed. But the question is if SIAF can repay the loan with cash instead.

They probabably just mixed up ceiling and floor. Hasn't he already converted? He owns 17,5% of total shares.

I don't understand why you all think Garret is a crook? If you habe 4 million dollars to invest what deal would you get? Something that makes you benefit or something that makes some other people benefit. Solomon is the crook.

No it says that 5 million shares were isdued to 3 dollars each and 400 000 shares of triway for that 15 mil loan. Right?

https://www.oslobors.no/ob_eng/markedsaktivitet/#/details/SIAF-ME.MERK/messages

Nothing new.

I think you are wrong. I believe people do not want to have shares locked out of the market for such a long time that they wont be able to sell. That has to be taken into mind.



The inability to sell your shares is offset by its growth potential. Because it could easily be worth $20 at time of IPO.

It is not about breaking an agreement it is about looking at it from a different angle. If they can't pay the loan back what will happen? The reason there is an interest rate is because there is a risk inloved. It comes with almost any loan in the world. Why isn't there any risk with SIAF?

Or it is like this. The lender assume that SIAF can't repay the loan and the lender then knows that SIAF has to sell shares (dilution) to pay of the loan. What happens now is that the share price goes down even more and the lender has to buy the shares and SIAF pays the money back to the lender. But share holders lose.

Or SIAF can't pay back so they offere shares instead of money but spice it up a bit with a few more shares.

Value of TRW shares. I think it is a bit more complex than that. There is no way to tell what price the market will give TRW shares after they start trading. The TRW shares are basically valued by the market to 0 today mainly I think because there is no time line for the trading start with TRW on any asian exchange. If it will take 5 years for TRW to be admitted to an exchange. How is that time from ex date to first quote on the exchange for TRW valued? That has to be answered before a value is set on TRW shares. Lets say you invest 100 dollsrs in SIAF and get TRW shares for that. After ex date your SIAF shares are worth 100-X. So then you have to wait Y months to get X back. Let's say X is 60 then you habe 60% of your caputsl locked in for maybe a very long time. This lockup time is uncertain and lowers the value on both SIAF and TRW.

What is the point of distributing a whole chunk of TRW to shareholders. I just do not see a point in that? I guess you want you money back that you have lost but why do you want to have the whole think at ones. You did say that SIAF will have to have support after it. I guess you have bought your SIAF to get TRW shares, correct? What will happen after you get them? What is your plan?

"Yes, if SIAF distributes half the TRW-shares (like they've promised) then half of the dividends would go to (current) SIAF-shareholders. How does this translate into noone wanting to own SIAF anymore? (although we do need some support for the PPS post ex date!) "

Of course there is a risk, SIAF and Solly doesn't control TRW anymore. Maybe they just want to be a private company after the loan is in place for like say 5 years. then your TRW shares will be locked in for 5 years. Will you be happy with that? Anything can happen is this company and it has so far. It will not just stop. The reason the share is trading low now is just that. unceratinty, no trust. But some here defent the share, and the leader they hate For no reason except it feels better to hope than to realize you've failed.

"Not sure why you think it is a risk that TRW would not want a loan and/or ipo - why wouldn't the partners want the growth-story (which they have partially paid for already btw) and a decent P/E? Also, it will be difficult to trade TRW-shares before the listing - so SIAF should easily gather most of its current 36.6% voting power through the shareholder's of SIAF and hence not loose any real power if that risk was real.

They do not need cash. All growing companies need cash. SIAF is no charity.
"Also, after the TRW-financing and/or CA-deal SIAF doesn't need that extra cash from the "lost" TRW-shares"

Maybe they are thinking different than you are.

"why wouldn't the partners want the growth-story (which they have partially paid for already btw) and a decent P/E?"

No siaf doesn't want a higher value of TRW. They wanted a low value so they could get more shares but my theory is that they also thought a high value would give the share price a boost, and that was wrong. So they "lost" tha battle and just for 12% extra instead of more.

Question is which companies or persons own the 63.6% of TRW?

Here is a tip. Check older press releases and see "promises" from Solly about deadlines. The calculate how much a promised 1 week is compared to the real time it takes. Desperation takes a way a logic mind. Hooe takes over . All of a sudden Solly is true to his word. 2 months of his guess is 2 months. Incredible. 2 months in Sollys mind has never been 2 months in real life. You all know it. Why deny it? Desperation, panic and hope.

And there is your risk. Why is SIAF trading at almost 1 USD when many think it is worth 25 usd? Uncertainty. Only a few people see it but it is there all the time.

And if they (Triway) decide to skip the IPO then SIAF is in trouble.

If siaf's 36.6 % goes down to half then THEY in this case siaf will lose the dividends from triway and it will go to owners of triway shares. Who wants to own SIAF anymore? If I were a owner of siaf shares I would rather see that siaf keeps 36% and get a hefty dividend from triway each year or just keep the shares and see them rise on any market where they will trade in a few years. Then SiAf can get income from future dividends instead and distribute this every year to shareholders. But of course they are taking the risk of the fact that their will be no ipo nor any bank loan.

How did they calculate the book value. It is this book value of triway that has decided how much the extra 18% of triway would be worth. correct?

So triway owes siaf 55 musd but they have no money so triway ask a institute to se a value to triway. then 18 % of that value is oayed to siaf in shares. which goes for 40 musd. So now siaf owns 36% and triway lowered their debt by 40 mil. Who calculated the value of Triway and how. if that value would have been higher siaf would have gotten a larfer piece of the cake. If it was lets say 100 musd instead siaf would have gotten 40 % instead or not? I so believe that siaf thought that setting a higher valuation to triway would give a boost in shareprice but it didnt. And now they have less.

S

They will still miss out of future dividends from TriWay. Besides if SIAF owns 36.6% and give out 50% still 18.4 % left so that means we do not control Triway anymore. How can Siaf IPO a company that we do not own the majority of? Or do we own 73% today including SIAF HK?

That didn't answer my question. My question is "why does SIAF want to distribute half of what they own in TriWay and lose future dividens from TriWay?". Why give it to shareholders. I see no point.

Can someone repeat why it is good to give 50% of the amount of owned shares in TriWay to shareholders. Isn't it smarter to keep ghe shares and use the dividends for SIAF and give like a few percent back every year to shareholders.

From Q2 report. 12 usd average on Q3 2016?? Really ? Where? Try 4...

"Top-up” of security shares during Q2 2017

Due to the decrease in share price (from an average of $12 / share in Q3 2016 to $4 / share in Q2 2017) the overall value of collateralized shares were required to be increased to cover the total loan balances outstanding.
This resulted in a total of an additional 2,585,758 shares securitized "

Yeah blame the market that seems to be the most reasonable thing to do now. There is always someone in SIAF who knows more than us losers. So if new contracts buy backs etc were imminent the shareprice would go up. It always been like that. Maybe someone still knows something and that is not positive. Solomon has the ball but he has no hands nor any feet.

Buy one fish get 2 SIAF shares for free :)

We are surely in trouble if Solomon is like that, doesnt want to make money. Don't think so. Warren Buffet is over 80 years old. Solomon might have a reason to make money we do not know of. I can't say that making money over age of 75 is unnecessary. So my question back to you is if he doesn't need the money why does he work so much then and refuses to let go. What is the reason for that then?

How does Solomon make money?

Funny to read all "facts" that are thrown in eachothers faces from the ring cornes here on IHUB. But no one seems to be adressing the most important question if SiAF is a scam and that is :

How does Solomon and his gang make money? I mean he has his CEO salary but since he doesn't seem to care about the share price he must make money some other way. But how? Some people will say I am wrong and maybe I am I have no clue but sometimes it is good to ask questions that goes beyond reality. Some might say he do care aboutshare holders but is just because he learned a new word from Fredrik or from conference calls. Some people even defend Solly now and that is logical when losing money..Try to find positives in every small thing. If someone is selling shares I think they will be connected to Solomon somehow. But how?

If it is a real company he is just a stubborn old man and he will take SIAF to his grave.

What happens if he breach the contract with Fredrik about not diluting? Anyone knows?

So what is wrong with SIAF. Why can't they get a loan with a market cap of 1/20 if that. So weird

2.5% monthly loan equals 34.5% yeaely with compounded interest and 30% without. So basically Z is right. Why not just pay it off?

Maybe one shall stop and listen to the market. Mr Market is telling yiu something. Queation to be asked is : Who benefits from a low shre price and why?

When there is a question that IR can answer and they do not answer do write them again or call them? Why moan and speculate about things here. No one from the company
reads IHUB anyway. If the company gets 50 questions about the same matter maybe they realize something is wrong snd try to change. The company, every com9any needs feedback from share holders.I cant be the only one that email.IR can I? If the do not answeär email sgsin and again and again. Finally
they will. Or call them. Let them know you have questions. Cant really rely on Peter.spending time on this board telling Solly things he reads here. At the conference all ask question that you have. Either they will give you amswers orthey don't but even if they do not they will have a recorded copy of the question and might take it into consideration in the future. If just posted here nothing will never change .

Obviously SIAF can just tell the lenders that "We have no money" here are the shares we promised. Oh, sorry you already got them and here are a few more to compensate for the recent decrease in share price". It is not like siaf has to show they can't pay even if they can the can probably just keep the money and give new shares. Maybe this is why it seems like S has fallen out with FD. You all know what will happen the day after the ECAB loan is payed in full. Here is a hint it starts with D.

The A-shares is not good and has never been good. No matter what S says. A-Shares brings uncertainty to the market when there is a mad man at the steering wheel who tell you one thing and does another. Defending his actions is not helping you to understand what trouble SIAF is in.

What if SIAF don't get the super mega 100 MUSD load what is the backup?

What if the loan connected to collateral shares can't be paid back. Then selling the collateral share has been a great move.

Here is an crazy idea.
What if Solomon's long time buddy Dolomon owns a company B that sells overpriced construction services to SIAF. But Siaf has no money to pay for it so Solomon authorizes shares to that company as payment. Dolomon is not stupid so he dumps the shares as S has told him to and then D & S can live happily ever after in the Bahamas with s credit card connected to a not in business anymore constructioncompany registered in Belize.

Just speculations of course but it has happened before and it will happen again. Besides S has cashed in 2.5 million bucks in salary for the last 9 years just postponing stuff. At the same time he seen his siaf share lose 18 million dollars in value and still thinks he is the best guy to run this. Amazing.

Solomon has 1.2 million shares right? I wonder how he feels. 17 dollars to 1.41? Poor guy. Anyway Mr Danielsson should make him an offer he can't resist. Like "I give you 10 MUSD for you A shares, no questions asked" and I promise you that your 1.2 million shares will rise in price".

But what is really the point of all this?

1. We all know that there will be a GM in dec like last year. The company has no date yet but issue a press release about that they will have one.

2. They issue a release about the agenda of the meeting. Since they do not know the date of the GM I see no point of issuing it now. The company has to maximize its own value too so now when the buy back starts share will maybe be more expensive.
3. Why wasnt the release issued on Merku since it is due to that listing we will have a GM right?
4)Since Solly has all a shares he can change his mind whenever he wants aboit the vote for GM. So that id very insecure.

Very strange I think unless it was a mistake but how can that happen. If they by now gotten a big loan why not issue that then? Well I do think Solomon just believed that the market doeant trust him.so he uses the GM as leverage tomget more trust. Beaides the Agenda we habe no clue. Maybe the decision is now but the implementation will be if
a) this happens
b) that happens
c) all of those things get cleared.

I find it funny that after all.history with bad communication and broken promises the share make a giant leap.from.news about a meeting we know shall take olace and with an agenda posted montha before. How many days before a GM must the agenda be posted? is it not 14? or 20?