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Thank you, yes very strange!
Excuse me. Can someone update me on the Avanza and nordnet matter? Which account can I hold my merkur shares on? Thanks
Sorry I have a question.
I got shares on nordnet on an ISK account. What do I need to do? Do I have to sell?
RD
TA - wise SIAF looks better than ever before. IMO.
Let’s see what’s going to happen. My guess is that really good news will come soon...
Can someone explain why we wouldn’t get anything if they liquidate the company? If we assume that all assets are real. 10% of net assets is 500% above the current share price.
Sure mark. You know it’s very easy so we don’t we start a company and list it. We claim 900 million in assets, and let’s say 600 million in revenue. We just need to write down the number.
No questions asked by stock exchanges, auditors or potential investors. Right?
Yeah sure let’s make a company list it on two exchanges and “claim” we have 100 millions in assets and and 100 millions revenue. Year after year. We don’t need any evidence we just have to write down a number on paper. Easy business.
Wrong again. Profitable and growing companies can go bankrupt without proper financing.
He is talking about non profit companies. Companies with no assets or revenue.
Mark he is saying check the financial reports, check P/E ratio, earning. Isn’t that what you’re saying we shouldn’t do here? Lol.
The dividend was stupid to me as long as they haven’t payed back the collateral shares, garret and ECAB and are not cash flow positive yet. If we got the collateral shares back I think that the share price would go up by at least 100%
It should reflect in the share price if you spend it wisely and smart. And when the business and earnings grow. It’s the opposite here.
The money is real. The company is real. You have already been told the the money is spent on capex.
I agree with you that the company (Solomon’s) actions make no sense.
Mark the $25 million loan is from a well knows Swedish investment company, Euro China Capital. With real people, real money. The founder and was ranked as number one equity analyst in Sweden for three consecutive years. 2001-2004.
Never said you were wrong about the share price. But your 100% accurate analysis should have more evidence than that. I can pick a random Chinese small cap and tell it’s a fraud and share price will go down.
Yes I wish your group had some evidence on your claims. I’m neutral to this like I think everyone should be.
I have asked multiple times for just one single evidence, you have visited the premises but you have nothing to show us.
Mark if you have read zeros posts you would know his stories are just BS. According to him he lives in China and works as an analyst. He always write here from 00:00-06:00 Chinese time zone. All his almost 4K posts are about this company, and although he lives near siafs headquarters he has never shown any pictures confirming his statement.
If this analysis where true he could just short the stock, and reveal his findings to the public and SEC. Easy money.
I have asked him many times for any evidence but he always change the subject. I welcome every evidence that can make this company go under. But where is it?
The best thing that can happen is if they manage to bring in big investors in triway. if they sell triway shares at book value, 100-150 million. It's probably the only thing that had got the share to rally.
My own conclusion after my email conversation with him over the last year is that he has been tired and angry with Solomon. And with the scandal with the trw distribution in mind it is not strange at all that he resigns. He is down 2,5 million USD on SIAF. It is time to move on.
I knew you would say that. That’s why I pointed out it was 3 months in a row. Not a single day-tour for investors. People who invested millions in this company.
I agree though that Solomon is a scamster. But not in the way you suggest.
I know it’s a real company. I personally know people who visited their premises for over 3 months. You should ask yourself why there is no evidence of your claims. After all these years. I’m not talking about your “real life evidence”. I’m talking about evidence that shut down their business.
I guess you’re buying now since you always do the opposite of what you are writing :)
They tried to bypass FINRA. It makes sense now. That’s why they never issued a PR on OTC why they said the PM will come from triway etc.
Trading is halted on merkur.
I’m with you zero, only you! How much did you buy today?
Wrong,wrong and wrong again!
You said the 250k bid was a fake bid to move the share price up. Wrong!
Just look at the volume we had on otc at 20% higher than the share price on merkur.
Some guys with big pockets thinks the same as RD, someone bought at least 250k shares today.
Everyone is stupid except you, right!?
Who knows who bought at 25c.
You still believe there is the same ex-date on both exchanges?
It’s obvious that we have buyers at these levels on otc at 38cent which is 25% than merkur atm. Yesterday I think we had 180k traded if I’m not mistaking. The buyers must know that it’s different ex-dates on the different exchanges.
Maybe these guys knew about the different ex-dates the whole time and waited to buy?
The market agrees with you obviously
Ok what you’re saying makes sense. But the why did they not publish a pr on otc? Like they did on merkur(the first PR)
I think he mean that because it’s triway that distributes the shares and not siaf, exchange rules may not apply.
I asked Nisse, he is on vacation in Egypt and doesn’t have a clue. He forwarded my question to Danny. Wait to find out.
No press release on otc. I assume we are still entitled to triway shares if we buy now?
The ex-dividend date is the day on which all shares bought and sold no longer come attached with the right to receive the most recently declared dividend.
The ex-dividend date is normally two business days before the record date. If you purchase a stock on or after its ex-dividend date, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you will get the dividend.
RD don’t you think the company checked this before they PRd it?
Yes I think you are right. But that also means the share price will/should be higher on otc.
The shares in the Company will trade exclusive of the right
to receive Distribution Shares today, 30 October 2018.
Sick that we are trading this low when taking into consideration that we will likely be trading at the same price or higher soon when they release the ex-date for the cash dividend