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Did I miss it or is it now pushed over to TRW?
How much Prawns/Fish did we produce? How does the AF4 produce?
Looked at the wrong link...
Haha, so he is little boy who lost money on the Stock Market....Nothing to do with the company as he blames an external person...Högseth.
Removal of golden shares?
SWB consensus..
Sino Agro Food Q4 EBIT 16m USD EBIT 16m USD
Vs Q3, we expect stable beef and aquaculture, less project income
What we used to call a "Zoooom" Last year?
Zero volume? Or is it broken?
But SWB uses margins of 22-27%.
And they use 15% tax.
...and no resale.
and yes, If SIAF owns 75% they get no income from project development.
...and NO development of other business areas from now on. They stay flat.
....and calcs on 32 million shares.
...a lot of assumptions.
...and still we get a 400% kicker.
Using more correct numbers we should be aiming for 80-100 USD at 2020.
JMHO
Yes, but they have made many assumptions. And has gone for the worst case and event hen get a 400% potential.
9M shares is their own assumptions, not SIAFs.
Low margins of 21-27% (instead of 45-55%)
Tax of 15%
No 10% Resale on Gross Margin
Other business areas to stay FLAT
EBIT/EBITDA is only calculated on Aquaculture.
So we will have upgrades as we go further....
At one place it even mentions dividend for 2017.
But now, they "killed" the 10-20 Bagger case. (To 2020). In the long run, no problem.
Must have been sold in Oslo. Shareprice was never 10.1 on OTC. Only in Oslo.
Probably moving them to Merkur. But why half?
Stoopid?
130 NOK
RD:
In the calcs you expect 60 MUSD for project development. Swedbank puts this to ZERO after SIAF uses the option to require 75%.
In your calc for the MF you add 60 MUSD per year even after SIAF take 55%. Shouldn't you remove income when a certain % has been acquired. They would be paying themselves otherwise?
Here Here
Agree
Yes, and that is LOW! Margins have been killed. And where is the 10% resale margin in their calcs? And ALL other Business areas is to stay FLAT between 2016-2020.
And SIAF will loose the Project development revenues when owning 75%. It will go to 0.
It will be alot of upgrades during the years to come. Underpromise and overdeliver!
About trading in Norway.
This is Norwegians....
https://www.facebook.com/norgerundt/videos/10153867137339695/?theater
Now you know what you have to deal with...
Thanks.
In the latest Q3 Report I found Margin to be about 25%. That would give us 178 MUSD. Not far off SWB.
RD
Comparing your numbers to SWB. I guess SWB calculates with it FD and low numbers not to go ballistic...
Profit Profit Profit EPS 5-Year Farm
Capacity Sales Consult Total Shares Growth Growth Value
Year (MT) (MIL) (MIL) (MIL) (MIL) EPS Rate(%) Rate(%) /share
7 2020 50,000 263 60 323 23 14.02 30 20 $278
Can anyone confirm that Avanza/SEB is allowing SIAF-ME in IPS and ISK? Nordnet had a block for that last week.
10.50 USD at the moment in Norway.
Carnegie is playing tricks. Let's take out 98 today or tomorrow.
The "full report" from Swedbank should be released today. Let's see who get their hands on it first...
When OTC will be illiquid and somebody wants to sell shares this stock will be a pain to get out from. I think most people would be better off moving to Merkur. But I guess not all Brokers will add Merkur.
Seems like I have 2 accounts? One on my phone and a different on my computer. I never noticed until now.
Bertil has spoken...
Oslo (TDN Finans): Sino Agro Foods ser ingen grenser for det kinesiske sjømatmarkedet.
Det sier finansdirektør Bertil Tuisanen i Sino Agro Foods til TDN Finans onsdag i anledning selskapets notering på Merkur Market, den nye markedsplassen på Oslo Børs.
Han sier at selskapet ser ingen tegn til at veksten i Kina avtar.
-Det kan hende at veksten i Kina vil være saktere i fremtiden, men den vokse likevel hele tiden, og markedet for sjømat vil vokse mer enn økonomien generelt. Vi ser ingen grenser for sjømatmarkedet, sier han.
-MER BEVISST MIDDELKLASSE
Han sier det er den kinesiske middelklassen som er målgruppen til selskapet, som primært produserer reker.
-Det finnes en middelklasse i Kina som blir stadig mer bevisst om hva de tar i seg. Etter flere matskandaler de senere årene, har de blitt stadig mer opptatt av bærekraftig mat, sier Tuisanen.
Han sier imidlertid at han ikke har noen anslag for hvor mye sjømatmarkedet vil vokse med.
-Det er vanskelig å si akkurat hvor mye. Kina er et veldig stort marked, sier han.
SATSER PÅ LANDBASERT OPPDRETT
I motsetning til norske lakseoppdrettere, foregår mesteparten av oppdrettsvirksomheten til Sino Agro Food innendørs og på land. På sikt skal all oppdrettsvirksomhet i selskapet skje på denne måten.
-Vår virksomhet er annerledes enn laks på flere måter. Perioden fra veldig små rekeyngel til veldig store scampi er for eksempel bare 11 uker, sier Tuisanen.
Han trekker imidlertid også frem en rekke andre fordeler med landbasert oppdrett.
-Vi har ingen lus og dødeligheten er veldig lav når vi driver innendørs. Vi trenger dessuten ikke bruke verken kjemikalier eller medisiner. Det fører til at vi får en veldig effektiv produksjon og lønnsom drift, sier Tiusanen.
For tiden er Sino Agro Food et diversifisert selskap, med en rekke andre eiendeler, inkludert en stor storfevirksomhet. Målet er skille ut sjømatvirksomheten og notere den på hovedbørsen, helst allerede i 2016.
-En av komplikasjonene er at vi inntil videre ikke eier våre egne oppdrettsanlegg, selv om vi driver dem og har opsjon på å kjøpe. Det er ting som må få det på plass først, sier Tiusanen.
Soneone at Avanza just bought 40 000 shares (37000 + 3000)
I won't expect to have the Merkur-market to be the leading market in a month or two. We'll get there...
Last one
Bid 84
Ask 87
Latest 85
GO!
Orderdepth
Bid Ask
Antal Pris Pris Antal
550 80,00 82,50 1 000
1 000 79,25 - -
2 000 79,00 - -
200 78,50 - -
1 800 78,25 - -
Latest 80
First trade after 11 seconds. 78.50....Probably som "Stalker".
Ask at 80 for those who cannot see...Bids at 78.
So what is the better chance tomorrow? SIAF rising 10+%? Or winning the Powerball Lotto?
Thanx
But I want it LIVE on this forum. Not google everytime...
Thanx
And can someone add conversion tables/tools for USD/NOK, NOK/SEK and USD/SEK to this board. Thanx.