Roger

Lycka till!

God jul Roger

Du kommer att erhålla utdelning på dina aktier 2016.

Min personliga gissning är att man kommer att justera upp utdelningspolicyn ganska kraftigt. Tidigare var den upp till 8% av nettovinsten. Med tanke på att man betalar ut utdelning för vanliga aktier först om 1½ år så kommer kassaflödet vid den tidpunkten vara riktigt bra, rimligen räcker kassaflödet då till både fortsatta investeringar och rejäla utdelningar/återköp av aktier. Jag skulle kunna tänka mig att utdelningsandelen kan hamna runt 20-25% av nettovinsten.

Jag tvivlar inte på att detta kommer att bli oerhört bra för den som är långsiktig och har stort tålamod. Mötet i Stockholm var riktigt bra med mycket intressant info. Synd att man har presentationen som ett JF-möte istället för ett öppet möte där man filmar och lägger upp på nätet.
Solomon är stel, försiktig och ofta på defensiven under telefonkonferenserna. Han är en helt annan person på presentationerna när han kan tala friare och möter sin publik direkt. Han talar utan manus och är både rolig och entusiasmerande.

Mvh Roger

F-aktier omvandlas till pengar den 30:e maj 2015 och upphör sen att existera. De finns bara hos folk som ägt SIAF i några år.

Vanliga SIAF-aktier heter just nu SIAFD.pk (i min depå i alla fall), men kommer som Strindberg säger att bara heta SIAF sen om ett par veckor.

Du behöver inte ha F-aktier för att få utdelning i framtiden, de här aktierna har bara att göra med en enskild extrautdelning som sker den 30:e maj 2015.

Vi är många som hoppas att SIAF-tåget ska gå ifrån perrongen nu snart

Roger

Qinghai Sanjiang A Power Agriculture Co., Ltd.

The Company has met with global Tier-1 investment banks in Hong Kong in order to find a suitable advisor regarding the planned listing or merger and acquisition activity of the Company’s integrated cattle operations in Xining, “SJAP.” Interest has been strong. The Company concludes that peer group multiples for similar companies listed on the Hong Kong stock exchange is very encouraging. This strengthens the company’s view that structural changes can unlock great shareholder value. As part of this process, the company is also in discussion with a top-4 CPA firm to become auditor of SJAP.

Due diligence reports made as preparation for potential new listing

For some time the Company has been evaluating a new, more appropriate listing of the SIAF shares. As a preparation, an extensive legal due diligence (“DD”) report has been made by Delphi on the group. Including law firms in China, a total of four law firms have assisted Delphi. With regards to SJAP and as part of the plans for this business unit mentioned above, a separate legal DD has been made by King & Wood Mallison. Also, Deloitte has conducted a financial DD for SJAP. The Company is contractually from making any these three DD reports available to the public. However, the Company can report that the three DD reports are all satisfactory with some minor remarks on SJAP that are currently being amended. However, the Company is able to release the underlying filings made to the Chinese “State Administration for Industry & Commerce of the People’s Republic of China ” (“SAIC”). These have been important parts of the material used for the three DD reports. As of today, the SAIC filings are accessible on the Company’s web site.

Stockholm Office

The staffing of the Stockholm office is on-going, and the Company is currently interviewing candidates that it believes would add significant experience and know-how to the group.

Dividend

Being a producer of organic food in China for the Chinese population, demand for the company’s products is soaring. The company has consequently invested heavily in production capacity across all its business lines over the past years resulting in negative cash flow, despite significant reported profits. However, as shown in the financial reports, the underlying cash flow generation is also improving at a steady pace. Together, the Company and ECAB have analyzed the forward cash flows, and decided to start paying an annual cash dividend based on the net profit to SIAF Inc. and subsidiaries, beginning with the dividend based on 2015′s full year report, to be paid in 2016. The exact dividend policy will be announced during 2015.

The preferred F series shares (dividend) of $3.40 (totalling $3,146,063) will be paid in full on May 30, 2015. Payments will also include 10% retroactive interest.

Commented Fredrik Danielsson, Managing Partner of Euro China Capital AB: “Since the strategy meeting in September, ECAB has continued to work on a broad range of improvements on the areas referred to in earlier announcements. Amongst other things, I have made two week-long trips to mainland China and Hong Kong with the purpose of further updating myself on SIAF’s operational progress, and to meet investment banks and other financial advisors. To conclude, I feel more confident than ever about the Company. I expect that the work initiated after the convertible note was announced in September will gradually start to generate significant benefits during the first half of 2015.”

SIAF CEO Solomon Lee remarked, “Having worked closely together over the last month, I am delighted to conclude that Euro China Capital AB and Fredrik Danielsson really have the skills and relations to lift the company to a completely new level, bringing experience and expertise in areas we have been lacking. I am convinced that our complementary skills will enable the company to deliver on the plan to enhance shareholder value.”