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Regarding the earlier discussions about Dr. Ostrowskis presentation page 16.
When meeting Dr. O in Stockholm last Friday he told me that the calculation is made out of the actual MF start up figures. Historically SAIF is stocking at a 40% density of designed capacity. When starting, the bio filters needs to ramp up. So the calculation on page 16 is based on a start up of 60% of the usual 40% density and It will take approx. 3 months to ramp up.
Is that the Shanghai distribution center (well north of the Mega) or just a random distribution center?
I think that's what the larger tanks are for, eventually. I still don't understand why they need them for prawns
If it a mistake I will publicly apologize otherwise it is a stupid move by Bertil and makes me question his judgement.
Tbh, I don't know how much time this will have to take, it's more or less a given route to have a new company set-up together with bod aso. From my perspective this shouldn't have to take more than a Q tops, it would also be very interesting to know where this new company will have the origin...no reason whatsoever to have it in the states with all their bureaucrats that's for sure! And if we get rid of the foccing SEC I think we could save a bunch of time...
Did anyone understand Bertil's answer to attracting institutions to the company and the changes needed by the company, corp governance, directors, A shares. Quality of audio was horrible on my end and I could not understand.
Any suggestions for the name of our fraternity (maybe we get shirts made :) )
I don't think it is obvious that SIAF cannot get a big straight loan within the next 12 months. It may be a tradeoff.
That's not what the PR said. It said the loans are collaterized by shares belonging to third party shareholders who are willing to loan out their shares IIRC.
Did he akso say that they issued 750k shs in March to collaterize the new loan? This is not what the PR said when the loans were announced .
You never asked about a dual listing in the Nordics? If FN is really imminent, like less then a month ahead, it could make some sense to be there until we are in Oslo....then I assume Oslo at the earliest September.
2. OSLO listing, great, but want to know about FN, should address.
Earth to Carog, you don't ever postpone a 10-K CC for 15 days unless there's an extraordinary specified reason, especially if you're a Chinese company. And you sure as hell don't ever PR that you've switched CC services as if that's some sort of accomplishment. Geez, amateur hour 101 deluxe. Trying to spin the PR as good news is beyond reckless. There's a high likelihood that the SEC saw something in the 10-K and immediately ...
Regarding the Wagyu beef.
Solomon told me they already have 600 heads but they had not killed anyone yet. He said it took 3,5 year to breed them and they where smaller than the Angus cows. But instead of 10usd/kg they would give 100usd/kg. And I must say they taste of Wagyu meet is fantastic. Not sure this is a bad plan? IMO
[[url][/url][tag]ihttp://upload.wikimedia.org/wikipedia/commons/b/ba/Sliced_Matsusaka_wagyu_beef.jpg[/tag]
The way I see it, there is one man responsible for the failed uplistings. How about if we replace him?
RD's calculation was based on today's price of shrimp imo.
Sure I agree it's certainly undervalued based on the numbers. And yes stocks can move fast no doubt
sounds good and we will throw in a nice dinner too....never been to Sweden and looking forward to it.
I like it when people have moderate expectations in the stock market..... lol
Vilgot, Agree!, see me for your free drink coupon, Cheers and see you soon in Stockholm.
Hallo! everybody who like SIAF! Im home now from a big trip and I must say the future fore SIAF its very good
Would one of you Swedish gentlemen please summarize the major points made in the podcast for us... thanks..
Hey Vike, how hard is it give 2014 guidance when there are about 70 days left in the year
RD what date did you do your calculation on the Mega Farm? Will the scrimp price att that moment according to todays change anything, if so for better or worse?
http://www.indexmundi.com/commodities/?commodity=shrimp&months=120
He has very easy way to show his confidence - do an insider buy smile
Look at this! I got an invitation from George Yap!
Welcome back, Vilgot!
Don't expect any major support from the shareholders until those basic questions have been answered.
I think it will slow down around $2.00 a share with maybe a correction somewhere in there. It will continue to go up in price after that but once closer to its value it will not move up as fast. Instead of going up 5 times faster then anything else it may slow to just going up twice as fast around the $2.00 mark.
Don´t know anything about that? But hopefully the race to 10 dollar will be a fast one and after that I plan to party for every dollar increase, until my liver can't make it more ;)
So who knows Stockholm well enough to begin planning the $10 party. I have a lot of friends now that will join me.
Back in the black (figures:)
Yes the nostalgia rubs off. I made my first buy (5000 shares) in 2010-03-02 for 1,25 USD. Worst buy since then is 1,53 and best buy 0,375. Thanks to a strong USD and years of averaging down I´m now a happy shareholder. I have still the experience of selling a SIAF share in front of me. Which Is going to be hard until the price is at least more in the 10USD range and even then it will be hard when living well on SIAF dividends should be possible. So what do you guys think of future dividends?
Thank you guys for all your great work here on Ihub
Dividends will be helpful but you want get the huge stock appreciation we all want and deserve.
good point indeed. Solly should slow down some and think how to create s/h value more effectively. Stop the freaking dumpage that ruins the pps by any means! The PF1 is not going to go away if we postpone the equity increase by a quarter or two.
Btw anyone with the timeframe for NQ listing? I find it extremely hard to expect it to be done till EOY. After all, it took what - half a year at least - before they found out FN listing wont come through. And NQ will be surely a harder task.
Regarding SJAP IPO value:
IMO, what I think you are forgetting is that deboning capacity is 50 000 heads of beef and 100 000 sheep. But you are only taking in consideration that they will debone there own beef cattle (12 000 in 2014 according to Solly, not 10 000 as in your calc) what would the figures look like if say SJAP would debone another 35 000 heads of beef by other suppliers in 2014 with a 40 000RMB(6 534 USD)/head according to Q2 CC. and 50 000 sheeps (which of I don't now the revenues/head) hence I believe there is more relevance to Sollys 200 + MUSD revenue prediction. Solly has made me disappointed many times but never on top line growth. The interesting part is what margin can we expect on the deboning and packaging services and how will this effect overall margin for SJAP, or?
donot forget that we own only 45% of SJAP acc. to 10k. So the IPO cash available for divi is -at least legally- 45% of that amount.
Vilgot: how do you get $1.50/sh divi for the spin off? seems high.
Exactly and that is what I love about it, we both now there are so many steps more to take, one foot in front of the other I have never speculated in any future pps or future p/e for that sake in here and I won't do it now either. Again, I'm happy if vike's prediction for the dividend in 2016 will come true, if we keep that up after that I'm home free.
above 0,7