Sino Agro Food Inc (fka SIAF)

[RealUSA]

anyway we can see a trw financials since we r a large holder? I'm wondering if alot of their profits are stuck in accounts receivable or somewhere else trw may not have any money although booking profits and book value gains. might be y ir couldn't pay down any of the debt to siaf and y the Garrett loan.


because trw development is stalled it's not going into capex, its not going to siaf, so where is the money and why do they still need 100 million loan?


we know management they can't hold onto a dollar, if trw has cash Solomon would have spent it on some capex. I find it hard to believe trw is just sitting on millions of dollars of cash when looking for a loan and the huge payable to siaf.

the most logical answer would be trw has no money either. we dont know if it has 4 or 5 large customers and someone stopped paying.

we know the book value keeps going up, but that's the same as siaf was doing.