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Hello!
I just wonder, and still don’t know how I can trade my SIAF shares
I created a account at interactivebrokers but they don’t trade SIAF shares
I knew it but thought I would keep them longer. And I was under the impression I could transfer them to an broker abroad. But how do people trade. I mean there is still people selling and buying so there must be a way still.
Or do I have to keep them until they are not a pennystock anymore. That doesnt look realistic
I contacted then, same answer! I’m lost. Can’t I trade my stocks anymore ?
Or do I ask them the wrong question.
Hello guys!
I opened an account on interactive brokers and they told me.
Thank you for your message.
Please be informed that IBKR will not be able to accept the transfer of position SINO AGRO FOOD INC (SIAF) as it is denominated in USD on US exchange and is marked as a US Micro cap stock. Please note that IBKR does not support transfers of US micro-cap/penny stocks and thus, we will not be able to accept the transfer.
What do I do ? I’m not able to trade my stocks? They are in Nordnet currently
They are in ”aktiedepå”, they were moved after the last day Nordnet accepted trading.
They told me they would support if I needed to move them to another broker
I hope that interactive broker allow me to move them and trade them
Hello !
I have my shares stucked in Nordnet and would like to transfer them somewhere to be able to trade. Any advice ?
Do you know who accept my stocks ? I heard about Tradestation. Can anyone confirm that they work
Hello!!
I just wonder one thing, do you guys know if Anthony is still in the company? Have not heard from him for a while.
And, they said they are limiting Capex.
So where are all the money?
RD, could you help me with the simple question.
How can a company make profit year after year, and now even record high, and yet have cashflow issue and dilute? I have never understood this, but seam like obvious for everyone here.
Could this not be true?
Makes sense kindof :/
Is it possble to verify numbers shared to chinese government
So let’s put ut simple, Triway claim to make:
”Income from SIAF’s equity investee, Tri-Way Industries totaled USD 3.6 M”
3,6/0,366 = 9,83 Musd per quarter.
Triway wants to have a loan of 100 Musd.
What’s the problem with waiting 10 quarters ?
Why is the farm not growing?
You can build many things for 9,83 Musd in China.
I really don’t see why this company is having Cashflow/financing issues
I have my stocks in kapitalförsäkringskonto, what will happen with them unless I sell?
If I buy, I guess it makes sense to buy US stock in aktiekonto?
Can I transfer from Kapitalförsäkringskonto to aktiekonto, what will happen to the stock if I own the one listed in Oslo in my Aktiekonto?
Oki thats clear, thanks!
But since Siaf will increase their spending by having to pay divident, is paying it to common shareholders off the table?
Will we still get Triway shares? Will the preferred shareholders get triway shares?
Could someone explain very simply the offer we got for these preferred shares?
When, how, for how much etc. whats the purpose of this...
Anyone knows who will inherit his A shares?
This is an important question becouse Solomon might be to old to keep running this at any time.
As said, FD explained already 2017 that S did not pay any interest during 2 years.
I see no reason why he would lie about that.
He owned lots of shares by then, so speading fals information would not benefit him in any way.
My point is just that its not first time there is an issue with breach the contract
Why would I assume he lies? He told me this in 2017 when he still had hopes.
Garrett confirmed yesterday that FD has been patient with Solomon.
I don’t know details but it has been clear who the villain is between S and FD.
FD has been very patient.
I told this to everyone already in 2017.
Solomon never paid anything, not even interest,and did not respect their agreement since day 1.
FD has been trying anything to find a solution for years without making public noice.
FD told me already in 2017 that S never have paid a singel dollar in interest and have never respected the agreement.
They finilized a new agreement early this year but I know that FD recently wanted to have it all cash.
I don’t think FD is playing any bad game, he just play the only one you need to make S do anything.
If I was FD I would have done the same, even much earlier.
Solomon might not use his ear but I bet he still can feel a slap in the face.
I think Garret should use the same methods.
I think we can all conclude that S will remain a risk factor for Siaf.
But I have not heard any qualified guess what will happen once he leaves.
What will happend to A-shares? Who will take over the control ?
RD, you have promoting for a year that SIAF can just get back their loan from. Triway at any time.
Now your saying its not a loan?
SIAF is not getting back the loans from Triway.
They have no intrest and no terms.
Thats insane, its not part of some ”give and take”.
I told u we would not get the dividend.
Now mark my words.
We will never see any loan going back to SIAF.
You still belive this is an ordinary company. I wish it was, but there are some serious issues.
Also add that the CEO always say that the company is undervalued.
Is that oki also?
What would happen if Elon Musk tweeted that ?
This is whats wrong, note that Triway dividend is only an half point in my list.
The books shows a company what makes huge profit and have assets of more than 5 billion Nok.
The CEO is dumping shares at 2% of book value by selling them to companies in China, who is selling them in the market to any price.
The CEO compensation structure is giving him higher compensation the lower the price goes.
The CEO has been cancelled two dividend this year only.
The CEO gives interest free loans without any terms to a company called TRIWAY. Basically they are giving away money, even tough they don´t own 100% of the company.
And much more
I want the CEO to be punished so hard he gets nightmates.
Can you explain why he gives our money away to Triway without interest and no terms? Have you ever heard of something like that before?
Not only that he gives away money for free, he also finance it by printing shares.
How does he keep the value up, by either throw a carrot or say that ”shareprice doesnt reflect the intrensic value”
You think it’s just coincicence that his shareprinter stopped at like 49 999 999 shares. Suddently everything was oki???
Thank you for your inquiry. We are looking into the company’s announcements. In addition, in November we imposed a violation charge on the company: https://www.oslobors.no/ob_eng/Oslo-Boers/About-Oslo-Boers/News-from-Oslo-Boers/The-Oslo-Stock-Exchange-imposes-a-violation-charge-on-Sino-Agro-Food
It’s the final countdown
U did not own shares
Why would you want to sue them?
I contacted Oslo
The CEO is dumping shares at 2% of book value by selling them to companies in China, who is selling them in the market to any price.
The CEO compensation structure is giving him higher compensation the lower the price goes.
The CEO has been cancelling two dividend this year only.
The CEO gives interest free loans without any terms to a company called TRIWAY. Basically they are giving away money, even tough they don´t own 100% of the company.
And much more
It would be great if someone, just look this guy in the face and ask the tough questions.
He have not had any respect for us whatsoever.
I just sent information to SEC
If someone wanna sue SIAF, I’m in.
It must be something shady with this company.
It’s not possible for all this mess, bullshit and drama to be true.
I want the government and everyone hunting Solomon until he gives up or end up in jail.
He has no emotions, you cannot discuss rationals with that guy, u need to go tough on him.
Are you still planning on visiting SIAF?
Will you get some guide?
I agree, but u cannot combine dividend with printing shares or seeking loan to grow or support cash flow.
Once they are profitible with cashflow and are in no need of more loans. I think cash do is the right way to go.
I’m not saying I don’t want it, i’m just saying it looked bad since it was announced.
You need to clean up ur mess before awarding anyone with dividend.
I think evidence though show that S will never prio a divident regardless of the situation, becouse he would always have a list of wanted investment.
I’m very upset about the news, but we also have to be honest to ourself.
The dividend never made sense, he declared it at a point when he was still issue shares. Even garreth was clear about that div was a bad idea.
We really deserve it, but it was a stupid idea all the way, it was announced way to early.
No cashflow
Issue of new shares
Still dept to be settled with Garreth and ECAB
I just hoped he knew what he was doing. But as always he ddn’t.
The bad news is really that credibility is lower then even possible to imagine in the wildest fantacy. Solomon will never be trusted again.
How long before the dividend will he announce it ? Is one week in advance enough
I told u Q2, I don’t think it will happen.
He has like 2 days left? And now he doesnt have the balls to deliver it himself...
Dan was always taking the bad news
I guess SIAF will get cash for development and royalty?
Would be good for cashflow, no capex needed.
Its was so hard that S printed 20 million shares instead. If it's that easy Solomon is the stupiest CEO of all time
What did they want to hide by not informing? Thats might be a guideline to why they had to cancel
Please help me out with the detailes, for me it looks like I will nog get any TRIWAY shares and I need to cross my fingers that Solomon announce a new distribution.
You mean he cannot skip it ?
From that PR it looks like they can postpone forever? I don't see how we are sure we will get any after that PR, exept by trusting Solomon, but that havn't worked for last 8 years.