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When do you guys think we'll se the stock moving towards 10USD???
Real dutch.
If Siaf hangs on to 51% of Triway then Solomon will be forced to let go of his A-shares, which will never happen. Even if he does the IPOs will not be of interest to investors?
We will get a stock divi(Triway 18%) with an option to sell them to pre-IPO investors for 6USD/share?
We will probably get more info about the 32% on the cc. Let's hope we can convince the board to keep at least 31%.!!
Revenues and net income will of course go down for siaf but the main thing is to spin off Triway and get in on the Hongkong stock market.
PEs of 20-50 will put valuations through the roof!!!
If everything goes as planned then owning 10000 shares of Siaf and hanging on to those Triway shares will give people a fantastic chance of becoming rich in 3 years!!!!
Can someone confirm my interpretation of the 10Q
In 2018 Triway will have sales of 500MUSD
Net income 225MUSD
Triway be IPOd at a market valuation in Hongkong of 3000MUSD
Our share of the market valuation will be 18+19%=1100MUSD
Number of shares 25 million= 44 usd per share
We will also have SJAP at a predicted market valuation of 10USD per share
We will also have the rest of SIAF at a predicted valuation of 6USD per share
This Adds up to > 50USD by 2018 if Everything works out!!!???
Have I missed something???
Many of us have been waiting for 5-6 years, so there is a great deal of desperation here, but if this works out then.............
Huge. That's how I interpreted the cc. In my case it doesn't matter. I'm not selling until the 50 USD party which should happen shortly after the listings
I think investors have interpreted things differently. Otherwise there is no way we would see such a big pull-back. I'm buying what I can at the moment.
I think we all can agree on the reason for this pull-back.
It started the same second as Bertil mentioned that the FN listing could be delayed until X mas.
I am a mega-buyer at these levels. When we are on FN and Oslo this stock will be at 50usd
Snow. 26 million shares are reserved for the S1. How they will be used is a later question.
Regards
Freetime
Hi empty. I agree that solomon has missed out on the financing and PR side of things. BUT it would be madness to question his acheivements when it comes to making the business grow. Growth with these kinds of profits is rarely seen. It is my firm belief that Everyone will be greatly rewarded soon.
Best regards
The dillution is slowing down. We're close to 144 million shares and it will stop there. Cash flow Will soon be positive. The s1 approval and Nasdaq listing is very close. Can we give management another few months? Calm down everyone. By the end of this year things Will look completely different. If you're not forced to sell I recommend you to hang in there. I'm increasing My stake in the company.
How can anyone sell when we are this close to a monumental turn around.
RD. Solomon is a fantastic entrepreneur but was way to naive when it came to financing. But this is soon in the past.
Stay focused on your numbers. You are doing a fantastic job here. Thanks.
RD stay focused. We are very close. Waiting for the S1 is frustrating but we know whats coming
S1
Nasdaq
OMX
Bond
Dividend policy
More projects
Rocket take off!!
When those financial institutions start buying then we head for the moon.
About the lack of a comprehensive PR plan. This tells me we are getting close to a listing. When we get the listing we get the PR. We get full impact from the mega project when we tell the world about this fantastic project and financial institutions are allowed to buy(listing) Have patience we are getting close.
We should make sure that everyone knows that Siaf is running this Project.
I wouldn't worry to much about the pps at this time. Get in before the crowd. If you have experience then you already know what will happen when the crowd wants to get in. Keep buying friends. When this one starts moving its gonna go like a rocket.
As I Said before. I've never seen a possibility like this before.
Thanks RD. I think we'll see more projects in the future.
RD What do your Numbers look like for the coming 6 years without any ownership of the project?
The S1 is the key to Nasdaq to OMX to the Bond to a more realistic valuation. Alternatively that we await postive cash flow and start buying back shares. In either case everything is building up for a mega race.
This mega project in going to make people mega rich.
I've been doing the stock markets for 35 years and nerver seen an opportunity like this before. Chance of a life time.
RD how sure are you about that 51% stake for 55% of Book value?
Count me in on that party
Fantastic news today. Let's get the S1 and then the sky is the limit.
Hi RD. Thanks for all your input. Solomon is a fantastic entrepreneur but missed out on the financing side of things. The bureaucrats have killed every attempt to sort things out. Only remaining solution has been to dilute but noone could imagine that it would be forced upon at these levels. To sell off assets has not been a possible solution according to my opinion. We are hopefully close to an opening on several levels.
Any more news on that mega contract?
Randall I agree completely
Andrew26, don't give up now. We are very close.
Solomon is a fantastic entrepreneur but lacks in a few areas such as pr. But we'll get to that magic place when everything is in place in a few months
Book value 1,5usd/share. Profit of ,8usd/share 2014. Adds up to 2,3usd/share. At a price of .5usd/share and a mega contract close it's all in on this dip
IF there's dumpage I'll be buying. Chance of a lifetime
I agree RD. Let's make things right this time. They are in negotiations with a financial institute. When everything is settled we'll get the dividend policy.
Solly is a fantastic entrepreneur. But he missed out on the valuation of chinese stocks. WHO would have believed that a company with a yearly profit of 1 usd could be valued at 50c? This lead to massive dillution which in turn has made SEC and banks hesitate about the company. Give this another 6 months and the cash flow Will be there. We'll get the listing and the mega project. I know a lot of investors are panicing but believe me we are months away from a rocket trip to the moon.
IF the s1 is delayed and therefore the listing and financing gets delayed then we are back to the same old problem. Dillution. We need à partner with money. Any realistic chance of à mega company making a bid on siaf?
Fantastic Numbers RD but I'm still not sure about the mega project. What makes you so sure?
Does anyone know what the average p/e is for chinese agricultural stocks on Nasdaq ?
My guess is 3,5. With siafs growth we maybe could see 5.
Earnings for 2014 75c
When we ge on Nasdaq we are heading for à stock price of 3-4 usd within 6 month of the listing.
Start buying all newbies!!!!
Reality check. Are we all dreaming? Stock prices of between 10 and 50 USD. I've followed this stock for years. I agree everything looks fantastic but anyone can see that.
À mega project in china. Wouldn't everyone know about that if it was for true?
I'm in this for keeps.
My prediction is à stock price of 2 usd within à month of the us listing