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 think it's mostly algorithmic trading done by computers, input variables would be index and trading a basket of Chinese small cap will hit the liquid ones the most I.e SIAF.
No his not...
The algorithmic systems working on the OTC, trading 50+ stocks where siaf is one of the top makes easy money.
Yes I agree major shareholders would have to be in such deal and remain owners.
Of course I am only speculating but if the event would happened and I could mobilise 5-6% I have friends at manny PE-firms in Frankfurt and Stockholm to put up and fight.
Yes but industrial and financial logic tell me that the right thing to do with SIAF would be to buy it out, cut legal and accounting cost. Save the management time dealing with financing and regulators. Work the operational plan for three to five years and then make an IPO. The resent trading is strange and if this is done with private equity firms without competition it would be bad for the small shareholders in the long term, if the price would be unfair I.e.
I would like to know if We can mobilise a 10% block anti buyout position, just in case! The closer we get the better insurance from the event. How manny shareholders on this board would be united? That would be the only way to get a fare price if they are planing to go private for a period.
Agree
My guess too, and some trader, and algorithmic computers and some scared retail investors but the big fish?
Is this it, who is selling a PE 2 company in China?
There are two things possible the company don't hold water or the sp will be 100£ or more. Take it or leave it.
This is good news one of my problem with the DD was to assure the the production numbers by second sources and it will be easier with a Dr on board to give me the correct data.
Sorry saic and sac
But why are you so into siac Numbers they will not tell anything New. And they will not represent the tradeflow of the company? I find your argument novis.
Why place the power on this bord to you waccos! That would be a disaster
Spread
Spred is tight good singn
Jeppsson
Great!
I do not know about al of you but I will hold SIAF 10 years or more if nothing illegal is found. I also suspect that SJAP is almost 100% owned and therefor needs to be regulated.
Cover trade 22000
I come to the same conclusion as you about fundamental value. But day to day quarter to quarter its supply and demand for the shares that rules! I dont think this MM is done.
This trading normaly ends by a MM covering at min sp of the day. Lets see.
Can you share your list of div paying comp with Low valuation?
Sino Agri Food, Inc. (OTCQB: SIAFD) FULL REPORT
Effective 12-31-14 SIAFD was approved by OTC Markets for trading on the OTCQB board for entrepreneurial and development stage companies.
SIAF’s board and management team have over 100 years of experience in the food protein industry. Independent directors total four out of seven directors and the company employs best practice in corporate governance with audit and compensation being the key committees. SIAF have 6 PhDs who are well known professors in Chinese universities and owners of patents working in the company’s subsidiaries in China.
SIAF’s current business lines include farming of seafood (prawns, sleepy-cod and eels), cattle-beef, manufacture and distribution of bio-organic fertilizer and livestock feed, and plantation of dragon fruit flowers and immortal vegetables utilizing modern cultivation technologies.
SIAF’s products are produced to meet the high organic quality standards of the United Kingdom. SIAF is owner of two patented processes: the conversion of corn stalk into high quality feed for livestock and the manufacturing of bio-organic fertilizer.
SIAF has a strong financial track record and is well positioned for future growth on a sustainable basis. The aim of the company is to maximize shareholder value.
Total revenue for the quarter ended September 30, 2014 was $107,220,059, representing a 52% increase over revenue of $70,707,697 in the corresponding quarter in 2013.
Revenue in the third quarter of 2014 was derived from the sale of goods and consulting services split 76.6%/22.9%: $82,171,415 and $24,598,641, respectively, with commissions accounting for the remaining $450,003. The new Zhongshan Prawn Project contributed 100% of revenue from consulting and services in the third quarter of 2014.
Cost of Goods for the third quarter of 2014 totaled $72,723,395. Cost of Goods sold accounted for $59,121,526, and cost of services comprised the remaining $13,601,869.
Gross profit increased by $8,373,539 or 32% to $34,496,664 for the third quarter of 2014 from $26,123,125 for the corresponding quarter in 2013.
Gross profits from sale of goods increased by $2,698,151, or 13% to $23,049,889 in the third quarter of 2014 from $20,351,738 in the corresponding quarter in 2013. Gross profit from consulting services increased by $5,675,388 or 98% to $11,446,775 in the third quarter of 2014 from $5,771,387 for the third quarter of 2013.
The third quarter 2014 gross profit total of $34,496,664 consisted of $23,049,889 from sale of goods (67%), and the remaining $11,446,775 from consulting services (33%).
I will not be modestly shy
Marry Christmas from Frankfurt Germany as well
Lol you are funny
So be it I which you a marry Christmas!
I as usual do not get half of the Conversations on this board, why do not people buy and hold until 2020+ this is a discount price to buy SIAF in?
Yes that's in the statement
SIAC numbers The Christmas present for DD amateurs, will keep some people occupied.
In my book this does not get any clearer, a nasdaq listing must be imminent, within 3 month. Solomon would never do a reversed split otherwise.
I agree, I have the opinion that, for now, the best holding period buying shares in SIAF is forever. This company will pump dividend to their owners 100 years.
Months
The algorithmic traders are not tunedin correct if you ask me, I think we will se a jump i pps within the next two moths.
Congrats to the rally! I think that the new CFO and her work starts well, internal control function, capital injection. Solomon delivers as always on his parts.
I am going to start to bringing in new investors close to me and after next audit and a listing notice the jungle drums will start.