Glad you found a cause......there is always someone out there who needs it more than we do, and it was
your $20. Good work :)
I did answer you. Don't you go back to your posts?
shelly_showman • Aug 26, 2014 12:54 PM Flag
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Occasionally I check the board. Should I say oh, oh, what's up.....ok.....lay it on me. Your horse came in?
I can't complain too much. I've made 6,000 even if I sell today. But all good things must end and I'll be selling unless the earnings estimates increase for the 4th quarter.
Correct. That is why I am expecting this to move some-time after the Q4 earnings call. Until then it will most likely stay were it is. The extend of the move depends on projected margins as well.
Yong Zhang and Yanjun Sun(who represent 60% of XIN's shareholdings), along with Wertheimer and Chen, will determine who deserves RSUs and what the performance criteria are. As long as they keep their RSU's modest....this could be a big plus for minority shareholders.
They said on the Earnings Call they expect full year net-income to be $50-$55 million. If Q3 is $7-$9 million, that would put Q4 at $25 million......which would be somewhere around $0.33 per ADS.
Sentiment: Strong Buy