Sino Agro Food Inc (fka SIAF)

[snow]

andrewflying "The earnings of Q3 most likely is bad, no one believes that they can afford the cash dividend." It is the cash flow and not earninggs which decides if SIAF can afford to pay a cash dividend. Up to now Solomon has demonstrated what look like a character defect. SIAF never has any significant cash because he spends it as soon as SIAF receives cash.

For the above reason it is irresponsible for SIAF to borrow money: it cannot be repaid because of Solomon's reckless irresponsibility regarding accumulating cash.