Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I have not seen anyone even try to explain how to get financing for this growth withoutissuing shares. The same old complaining without knowledge. Maybe you can tell the missbelievers how much the issuing has added to the balance sheet without loosing PPS?
That would maybe get more understanding from the crowd?
Thank you for explaining the fundamentals to the board. We have a few, I say a few, members here that do not understand how equity works.
Can not connect, not even close, I get "the number you have dialed is not in use". Keep up the good work and ask polite but difficult questions!
What I mean is that we sometimes see questions raised in a negative way about things already explained by Chad and/or Solomon.
We shall absolutely be on our toes and ask about things we do not like or do not understand!
About dilution, I hope the questions will be comparing it with other possible ways of financing, not just complaining!
Sorry, been flying so much back and forth that I missed track of time...
Noon Eastern US time, of course!
CC is 1800 hours European time(GMT +1). That would be midnight in eastern USA.
I think that SINO is real and have decided to believe in Solomon.
I bought another 10.000 at 0.62.
Agree that all bashers should ask their questions at the CC and then be quiet!
I do not mind the issuing of shares up to, lets say 15-20% per year instead of borrowing from the banks.
Good luck all SINO holders!
No idea even answering Joe. He is probably only out of money.
I do not think one or two isolated news can do much to the pps. The market has decided that the correct value of the share is 65c. The market is always right.
But if the company continues to deliver and to make good results everything will add to the valuation in the long run.
If they make eps of 60c 2012, the market will consider that 60c is added to the balance sheet.
If they do not surprice the market with negative things during 2012, the market will upgrade P/E slowly, maybe to 1,5 or 2.
Be patient, we will have the PPS that we are looking for, but it will take some time. i do not mind if I have to wait til 2013 if I at that time get 1,50 or probably 2 dollars.
Sorry if my english is bad......
My guess is that Lundin do not have plans to invest in something so different to what they have. They would like to have control over the company and I dont think Solomon would accept that. My guess.
The obvius is that if a company is growing, the A/R will go up.
No the A/r is at a good level.. Went down from 27 to 25 as the revenues goes up sharply! Thats very good!
Less skepticism here on this board may help.. If company says how many shares we will have os weighted end 2012 we must trust that as we trust other statements. Then much of the issuing drama can stop! The company complies with almost everything they say and makes good money. Stop complaining about everything and be a bit patient. We have a perfect buying op now. Issuing as financing strengthens the balncesheet as long as share price does not drop in the long run, wich it will not do in my opinion.
Feels a lot like the sellers do not mind if they get 68 or 66 cents, they sell for other reasons I think. Someone that have money in SIAF as an investment would not sell so unprofessional. The company added 8 cents to the balancesheet Q1, at least. We will probably have another 10-20 cents every coming quarter. No worries, this will eventually show in climbing PPS.
I do not complain about issuing new shares in order to finance expansion! You must read what I write before you critizise! I think it is a good idea to balance financing between issuing and loans for a company in China.
I tried to explain why some selling ocurred yesterday, but maybe that was to difficult for you to understand.
Whats the matter with you? I write that I guess! Are you angry over something? :)
My guess is that employees and others paid in stocks was sitting on their stocks waiting for an even better report and climbing PPS. When this did not happen they sell all they have, they can probably not afford to wait another quarter.
Thnx ccsykes for Your patience with all the wining herr.
http://seekingalpha.com/instablog/2751921-gregory-maguire/594201-siaf-a-tenbagger
Published and positive.
I do not think it is so good, but it might bring some new buyers.
Payment to employees. I guess that someone getting shares as payment/salary will have to sell imediately, who can afford to wait? That can explain a day like yesterday with low turnover and poor price. What do you think?
I agree treit.
Frustration over PPS not taking off I presume.
Or maybe we have a few that wants to create a "bad feeling" about the company.
Worse than naked shortseling if that is the case.
The two biggest concerns is about mangrovetrees being cut down and building ponds on farmland directly wich will destroy the soil for long time, neither of this is the case in SIAF:s way of building farms.
The third is antibiotics, this I know nothing about in SIAF model.
When 3 decimals show up, then we have buyers/sellers really counting on flip-gains. I'm on guard at 68c !
As long as PPS do not go up enough you will always have people complaining and implying frauds!
US-guys blaiming the Swedes, Swedes blaiming the US-traders....
Patience, and we will all be happy with SIAF!
Thnx ccsykes for your patience!
Did someone actually buy att 87 cents?
Can anyone see that?
Or maybe the sound of fish growing really fast?
FYI
Swedish market had a halfday yesterday, was not open during US market hours, and will be closed the hole day today as we have holiday.
Most goldmining companie shares lost a lot during this period.
Thats probably one part of the answer.
Jordan fund is not a fund. Just some people sharing information.
You can be a member and get information in forehand. But they have no financial connections.
Calm down! I think you are wrong in focusing on this single item!
Please give up this arguing about dilution! It is a way for the company to expand and raise profit. It is a winwin thing!
We are not helped in any way if EPS is 68c instead of 62c for example. We need to have a better P/E ratio, that what counts!
Give a better alternative if you still want to take away the dilution!
Fluid
I agree. They can easily issue some shares as long as they keep growing at higher percentage. We will see better valuation as the company gets more known and listing on Amex/Sthlm will do the rest.The idea of repurchasing stock when you desperately need money for expansion is totally wrong.
If I get 17 dollars 2014 I can wait.
I agree with Treit, to much worries about dilution!
I think the price was to high 2 years ago, but is to low today!
Building up a good reputation now and that will change the valuation, slowly but steadily!
The company does what they say. Prediction is 68 cents EPS for 2012. Why worrie so much? Let time work for us. We will not have P/E 3 or 4 all of a sudden. Patience! Fundamentals will win, eventually.
I agree, but it seems to be to good to be true.....
I am asking what you think!
So we should buy for all the money we have?
Are you that sure?