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Still easy to make a good profit.
Why are you complaining?
Keep buying and get rich!
I am buying....
Cheap on a sheep market.
Foohtaah
The plan is to list TRW in Hong Kong.
SIAF will pay the 5c cash dividend.
I have waited a long time for this to happen!
October 26.
Thats the last day I will buy shares to be sure to get the TRW-shares!
Then I will keep all shares until I get all TRW-shares confirmed.
No gambling for me!
I cant see why SIAF should give away any of their TRW shares in this deal.
It is TRW that give us shareholder a part of the company in exchange for the money they owe us (SIAF).
If TRW issue new shares in order to do this, all old owners of TRW shares will be diluted.
The other way of distribute the shares is of course that the owners of the 63,3% of TRW “give away” half of their shares.
Correct.
SIAF will not give away any of their TRW shares as I understand it in this deal.
As expected SIAF follow the plan.
Now we know that we will have a part of TRW in our accounts in November.
Like 1,20 usd per SIAF share! More will follow.
Regardless if we have 47 or 50 million in sharecount!
Soon date for the 5c cash dividend.
Another 10-15c during 2019.
Quite clear now that this is the turnaround of the century.
All facts proven and audited.
Congratulations to all shareholders!
They follow the plan.
Nothing else.
Add China, mistrust and a stubborn CEO.
We are now finally in an upward trend with a plan that will bring back the share to fair value.
Unhappy when it goes down, unhappy when it goes up.
Let’s hope that SIAF will reach fair value.
No more dilution.
Cash dividends.
Distribution all set.
Profitable companies.
All audited.
Can’t wait until next week!
Pump? Nope, only facts!
As I stated earlier, I am a happy camper here.
A long way to break even. But I am not in a hurry.
The statement will be out tomorrow, they have messed up with the time zones as usual!
Lots of investors have been waiting for this to get started.
The turnaround case of the century.
Imagine listing in Hong Kong.......
25% up even without a public announcement.
Next week will be exciting.
Let’s concentrate on the ones that where buying....
I have some really good reliable sources!
The real fun will start when the news are released officially.
Chrys
Patience!
The news still not widespread.
Another thing about this distribution worth pointing out is that Solomon is losing his absolute power piece by piece.
From release:
”The reportable value of TRW shares being distributed to SIAF shareholders on November 14, 2018 is US$1.33 per each common share of SIAF based on the assessed value of USD 3.40645 per TRW share as at its carve-out date from SIAF on October 5, 2016.”
This could mean they won't be issuing more shares. Perhaps that will be in the coming press release as well?
Calculating the value of the distribution gives
$1,33 for the first distribution. $0,29 for the 2nd part.
Not bad!
Add 5c in cash within a few months. Cash.
I am a happy camper with that!
Congratulations to all that have bought under 30c!
Downthehatch
My guess is that they now have the loan secured.
That’s the reason they state the 8,4m shares.
So we can calculate on 39-40 m shares.
Over 600.000 shares bought so far in Oslo.
Someone knows more than us!
Disaster, that’s a good word for how Solomon have treated the shareholders.
Debating about the shareprice will not prove anything else.
We all know that the price is lower than it should be!
Let’s hope he have learned from his mistakes.
I guess so. Thats why I think we will see good things coming.
SIAF is a good solid company.
I will be optimistic until proven wrong.
So far nobody have been able to present a single fact proving that SIAF is a fraud.
On the contrary we have loads of proof about SIAF making money!
I am very curious about who this big buyers are. Millions of shares.
High risk, enormous potential.
A few buyers absorbed 500k today. They know more.
Garret?
New is that we had eager buyers before volume turned up on ask.
Something good is happening already.
Nothing special is needed.
Fair valuation, nothing else.
I guess it took some time before he understood the nature of a public company with a lot of shareholders!
Now they have a plan.
Win win.
All Solomon have to do now is to announce the dividend date.
Everyone is tired of soon and in a few weeks.
Take the the sum of issued shares times 55c.
Lots of money!
The collateral shares coming back will be in treasury!
A good thing!
Watch this share carefully now ks!
Still very few shares on ask in Oslo.
I guess this is a sign that dilution is over.
We will see later today what happens in the US.
My guess is higher pps under low volume jntil we get the dates.
No sellers.
Try to buy 50k today........
Dilution over?
Dates for dividend coming today?
Looks like the dilution is over.
Very slow trading today.
Maybe the ”few weeks” is over!
I would not like to sit on the sideline if this is true!
15% up already ......
Good for Solomon to have 500k shares when he announce the dividend and the distribution of TRW.
Will quadruple in value in a jiffy!
SEC will take all claims seriously.
Except the one already filed by Joe and other claims complaining about the shareprice.
They do not care and have no ways of acting when it comes to market reactions.
This matters are handled by bashers! ;–}
Most likely now is a bid for SIAF and TRW.
Read all the articles about China and food production in international press.
Do your own DD!
Nope! I have no intention to go to China.
I know a few that travel regularly to China.
Andrew
I am good. Average quite ok.
I see a bright future for Siaf.
I have not lost a single penny yet.
I enjoy reading about the assets that do not exist but have been heavily affected by the typhoon!
I know that Siaf will have interesting visitors next week.