Sino Agro Food Inc (fka SIAF)

[ValueInvestor01]

The real question is where are they going to get that 6 mil to pay as cash dividends to shareholders? It seems like they are desperate for cash, the last thing they should be worrying is to pay cash dividends or buy back shares.

And even if they have a little cash to spare, at this depressed price level, it is more sound to buy back shares. One should put themselves in their position and act rationally and insist the urge to act for their own benefits.

Like most investors, I would prefer dividends over shares buy back. But if I were in their positions, I would rather buy back shares, it makes sense since it is a lot cheaper and more beneficial for the company in long run.