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Thank you, Mr. Fister.
There's a new article on IntraFish about SIAF, but it is behind a paywall. Is anybody able to read and post the contents here?
http://www.intrafish.com/news/article1434676.ece
SIAF Events in 2016
With the help of MaterialMind and The Swede, here is a list of SIAF news since the beginning of 2016.
Mar 9, 2016
Noted SIAF Investors speak to Norway’s business newspaper Finansavisen.
Mar 7, 2016
Intrafish interviewed Bjørn Myrseth, a well known Norwegian aquaculture veteran, about Sino Agro Food. It seems that Mr. Myrseth will join SIAF in the future, perhaps as a member of the Board of the aquaculture spin-out. (google translation to English).
Mr. Myrseth joined the Company's investor tour in September 2015, and was deeply engaged with Solomon throughout to learn SIAF's aquaculture operations. He is pictured with Solomon on the SIAF home page.
Mar 4, 2016
SIAF's Chief Scientific Officer Dr. Anthony Ostrowski's presentation for SIAF Investors in Stockholm .
The Swede posted the following links in late February. I reversed the date order (most current first) and added links where possible.
Mar 3, 2016
SIAF's Chief Scientific Officer Dr. Anthony Ostrowski's presentation at the North Atlantic Seafood Forum in Bergen, Norway.
Feb 26, 2016
Sino Agro Food Begins Stocking Zhongshan Aquaculture MegaFarm.
Feb 12, 2016
The company change to a new bigger well know Auditor -- Form 8-K and Dan Ritchey’s informative email.
Feb 12, 2016
City National Rochdale LLC reports to be an 5% owner
Feb 4, 2016
Incentive Active Value Fund reports to be an 5% owner
Jan 30, 2016
A list of SIAF share owners on Merkur is published on iHub.
• We learn that the multi billionaire Hansen and family has invested in SIAF.
• We learn that the multi billionaire Arne Fredly has invested in SIAF.
Jan 22, 2016
FORM 4 - CFO Bertil Aarre Tiusanen Buys another 2500 shares
Jan 20, 2016
Swedbank initiates analyst coverage with a $15 price target, 400% potential long term.
Jan 20, 2016
FORM 4 - CFO Bertil Aarre Tiusanen Buys 2500 shares
Jan 19, 2016
Sino Agro Food Commences Trading on OTCQX.
Jan 12, 2016
The very informative Merkur Market Admission Document is published.
Jan 12, 2016
Sino Agro Food Commences Trading on the Oslo Børs' Merkur Market.
Jan 4, 2016
Sino Agro Food Approved for Trading on the Oslo Børs' Merkur Market.
Hi Tothe,
One reason that the company culls the prawns and moves them to new tanks is to avoid the large prawns eating the small ones. The phased and partial harvest system protects against cannibalism.
Last year, I asked Solomon about fish and prawn feed. He said that during the final grow-out period (between an additional 3 to 5 weeks depending on the species of prawns), SIAF uses up to 80% pellets (that contain up to 42% protein fish meal) to feed the prawns.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113990822
It is true that SIAF's estimates were optimistic, but the scale of this project is so massive -- from creating land (or "reclaiming" land), to building all necessary (and extensive) infrastructure, then forming and constructing the massive tanks and erecting the buildings -- that it would challenge their ability to predict correctly, in my opinion. Overall, the company has accomplished a remarkable amount of work.
Normally, it is likely that a project such as the megafarm would only be built by a huge civil engineering firm, such as Bechtel or Skanska. This project is quite a step up from the demonstration farms that SIAF has built.
I'll be happy if the tanks are stocked by the end of March 2016.
I'll ask admin if they are able to display graphs and info for both.
Here's a link to price of SIAF-ME on Merkur:
https://finance.yahoo.com/q?s=SIAF-ME.OL
And here's a currency conversion link:
http://themoneyconverter.com/NOK/USD.aspx
There may be better links to use; if you find one, please reply.
The same info has been on the SIAF website for a long time.
http://sinoagrofood.investorroom.com/management_team
Hi Mauiguy2,
When you are viewing any one message, you'll see "next" and "previous" and also "next 10." You can change the choice of ten in "settings" under "site options." Mine is set to view 50 at a time.
Hope this helps.
I forgot to mention that you can write an unlimited number of posts each day, and do full text searching of any board.
In case members of the SIAF community haven't noticed, iHub is offering its premium services free to all members until January 1. This means that those of you with free accounts will be able to send private messages to other members, and "keep" posts that you want to remember. Also, view up to 100 messages at a time, instead of having to endure the wait for each page to load all its ads -- a great timesaver. There are other benefits as well, but these are the most valuable IMO.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119146080
It looks terrific, the Swede! I love the icons.
Ah, I never read that! It explains why my HERB shares never show up. (edited to correct: HERB is traded on OTC, so the site must have a bug).
Too bad. It would be smarter for them to allow, but have a warning indicator on the penny stocks.
I figured you guys could make some money by acquiring followers, which is part of their model.
Surfer and RD,
I am beta testing a website for investors, and I think that you two would be valuable contributors to it. I was invited because of my technical involvement with database-driven web applications, not because of any investment prowess. I don't consider myself a trader in any sense, I am a long term investor and I'm not an analytical investor.
But you two might find it useful, and may find that you develop your own followers:
here's the introduction:
https://www.tipdoff.com/
Here's an invitation that allows up to 4 people to create accounts.
https://www.tipdoff.com/?r=7MVwyfSq
Sorry to bug you if it's not of interest.
There is room between rows for alternating cash crops plus ample room for drainage between every row of HU. The drainage system has allowed the HU plants (which are cacti) to thrive despite the heavy rains.
You are absolutely correct. It's a significant and frustrating problem that could be readily overcome if the company followed the simple, proper procedures that were established more than two years ago (and which are reiterated regularly).
There are many major shareholders on this forum who have a realistic long term perspective, who want the share price to increase, and who are pleased that the share price is three times higher than it was about a year ago. That doesn't mean we are satisfied with the current state of SIAF, but we are realistic that this type of investment never promised to provide the short term gratification you seek.
Of course the Company has made many mis-steps, and we'd all like it to conform to western ways of doing business and communicating. The idea that new IR will improve the quality of the conference calls is risible, as you may have noticed on the last few calls. You really have no idea.
Also, critical thinking would be quite refreshing, instead of endless repetition.
Burnham was brought on by Dan Ritchey and George Yap.
I, too, wish FD every success and support his efforts.
No chip on my shoulder. Just informed realism.
I agree with you. It is much smarter, and clearly more effective, to set conservative expectations and then exceed them. It is so obvious -- why the company doesn't learn this is actually worrisome.
Unfortunately, the over-promising behavior continues. Actually it has worsened, in my opinion. Our Swedish savior can't control or accelerate the rate of divestment or spin-outs, despite the claims made in the recent PR "headline" (that was actually not a headline at all, but a poorly written run-on sentence). "Increasing the pace of structural changes" is a very complex process, controlled to a great extent by Chinese law and Chinese government officials, and dependent on multiple external factors. Many of these factors are not controlled by SIAF or its representatives.
Also, the spin-outs have always been a part of SIAF's plan; this is nothing new despite self-glorifying claims to the contrary.
Last but not least, despite all this I hope that all the efforts will succeed in short order.
Erik Ahl works very diligently every day on behalf of SIAF. To blame him for the failures by Penser and Mangold is incorrect.
I will ask.
My cousins are staying at our house while we are in China on the SIAF investor tour. They've had to bring our outdoor furniture inside (lots of it, as we practically live outside.)
Those are the biggest storms I've seen approaching our island, but normally our massive volcanoes cause the storm to veer around us and smash into Kauai or Oahu. I hope the hurricanes take the path of least resistance again this time.
Everybody needs to ask the rain gods to move elsewhere. It's rained often for the past three days and thunderstorms are in the forecast.
http://www.weather.com/weather/tenday/l/CHXX0037:1:CH
Here's some info that I posted a few months ago about fish feed:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113990822
I would guess that the new Chief Scientific Officer will add value in developing proprietary feed formulations -- to supplement his specific experience in prawn breeding and many other skills.
All in all, recent news really validates the company, its direction, and its agility -- even the disappointing news of Q2.
Topped off my earlier order to reach 1000 shares.
20% of Ford? Wouldn't that be swell?
I've joined the ranks of HERB investors today, with a small purchase of 790 shares, after reading recommendations by RealDutch.
I agree with you 100%.
The A Shares issue is fabricated by a select few with narrow self-interests. It is a red herring. Companies such as Facebook, Microsoft, Alibaba -- and other companies that are controlled by their CEOs' voting power -- have no problem attracting institutional investors. Plus, future dilution is strictly limited by the agreement with ECAB.
The Oslo exchange permits the A Share structure.
I too am weary of the tiresome litany about the A Shares.
Hawaii has quite an aquaculture community, and I would love to see a SIAF demonstration farm in the USA, located here, perhaps.
And Sansei, my favorite sushi place, is only a few miles north of OTEC. But I've never run into Tony at Sansei. If that happened, I would be savoring Asian Shrimp Cake, as I don't eat very much raw fish.
Yes, a mistake. I deleted those posts, but will re-post under my name.
I clearly was using the wrong browser.
Hi Tony,
I think today's press release is substantive, positive news from the company.
It's one thing for them to say SIAF will become a global leader in aquaculture. It's another to do something about it. We know that the mega farm will be huge. Now we have confirmation of a commitment to quality based on international best practices. The sustainability claims are much more credible now with the hiring of an obviously well qualified American. He's even been a member of international standards boards setting best practices in aquaculture. And on top of being a Ph. D. scientist, he's been a CEO. So, running the R&D lab as a profit center -- a great idea that also validates its leading edge nature -- is also more credible.
Their usual boilerplate, in the first paragraph of nearly every press release, uses the word:
"GUANGZHOU, China, July 22, 2015 /PRNewswire/ -- Sino Agro Food, Inc. (OTCQB: SIAF, also referred to herein as "SIAF" or the "Company") is an integrated, diversified agriculture technology and organic food company with principal operations as primary producer, processor, and marketer of protein foods in the People's Republic of China ("PRC")."
Thank you! I used google translate to obtain the following English. It's not perfect, but the points are made:
Chinese companies becoming the biggest prawns
Published 23-July-2015, 00:00
The plan is to become one of the world's largest producers of giant prawns. It should be taken under controlled forms in huge tanks, organic, sustainable, and according to the guidelines for the environment as much as possible. Customers belong to a rapidly growing group of conscious Chinese consumers.
Today the company produces Sino Agro Food 1500 tons of shrimp with modern technology. In 20 years' time it will be 300,000 tons of prawns per year, fed on algae and special pellets. The company uses technology that existed in Australia and Europe, but in developed form is new in China and its volume is said to be pioneering in the world.
The company is not likely to be alone in this market. Food security is now high on the list of what the Chinese public worry in daily life. The scandals have succeeded each other and brought consumers in critical thinking when the growing middle class prioritizes health. Larger incomes have increased demand for meat, fish and shellfish that are free from contamination and hormones.
It is this growing demand, we will meet, says Peter Rosta, Chairman of Sino Agro Foods subsidiaries, representative of the Euro China Capital, the largest single funder and former including Head of the Swedish Trade Council in China and Hong Kong.
He shows pictures and diagrams of the pools, which are not yet completed, where giant prawns to be cultivated in southern China. The facility is located in Zhongshan in the sea in Guangdong Province. Fully developed, it becomes 2.5 square kilometers.
- The water basins are taken from the sea, but no water is discharged from the plant to the river adjacent and company founder Solomon Lee (Lee Yip Kun) have promised the authorities to create a wetland for wild birds in the area, says Peter Rosta.
That's because, according to Peter Rosta, that the Australian Lee, who is Chairman and CEO of Sino Agro Foods since 2007, realized that a holistic approach today provides the best conditions to create a profitable business in China, where he has his roots.
The whole thing is an attempt to make up with giant shrimp’s reputation as environmental villain. Mangroves have long been devastated to provide space for shrimp farming. Oceans have been emptied of small fish, which had been ground into meal to give the prawns food. There is currently a ban on imports of Chinese shrimp to the EU.
Since some years are Sino Agro Food on the OTC list in the US, but without to have convinced investors about their potential, in part perhaps because of the combination of China and foods that do not have the best reputation. Analysts have also described the company as difficult to get an understanding.
The company is waiting for the green light for listing on the Nordic Exchange in the near future.
- Torbjörn Petersson
There are a few people on this board that do share information when they absolutely should not. I guess it makes them feel important.
There are many factors; and not an easy solution. Predators of all stripes and agendas abound.
Mostly though, I am surprised and seriously worried about how much inside information is being revealed and shared on this board. This is a definite cause for concern while the company continues to be under the normal surveillance that occurs when applying for a new listing, or just trading shares on the OTC.
Indeed they are.
I don't see the payment in my TD Ameritrade or eTrade or IB accounts either, but there is cash (from F Shares) in my Fidelity account as of ten hours ago. Shouldn't take much longer for the rest!
My F Share dividend payment shows in my Fidelity account as well!
I've been told that many of those with such small share counts were actually shareholders in Volcanic Gold.
No problem, mauiguy2. I've been operating in a man's world (as a rare female in a hardware and software engineering environment) for most of my adult life.
I asked Solomon for details about fish pellets and other fish feed when the study (which has been disputed by experts since its publication) was first published (January or February this year, IIRC). Here is detailed information from him:
Unfortunately, only Joe can remove it. Eventually, he may become embarrassed enough to do so.