Sino Agro Food Inc (fka SIAF)

[viking86]

What he should have done is to cancel the 2012 dividend a year ago when he prepared the 2012 capex plan. B/c that would have saved him $5m in 2013 where money is still very tight. That would mean 10m fewer shares to be issued at current pps level or $5m less in bond if the divi were to be paid all in cash in 2013. I donot see a very strong need to cancel the 2013 divi that woud not be due until mid or late 2014 since I expect us to be cash flowing in 2014.

well hindsight is always 20/20.