For $740,000 you lucky dog, you just bought the cabana, steps away from the pool :(
Launched the first phase of 48 units, from $ 740,000; Meanwhile, the purchase of the items can also enjoy the 15-year property tax exemption policy.
New York • East Bend the day of launch 48 suites source, the intention of the buyers of more than 70 groups. According to statistics, the scene of the day 40% of the buyers come from Beijing, 60 percent of buyers from other cities came mainly from Shanghai, Hebei, Guangdong and other places, as evidenced by the popularity of the project.
SouFun Holdings Chairman Mr. Mo Tianquan speech
SouFun Holdings Chairman Mr. Mo Tianquan said that as rising domestic prices, the purchase of the policy remained tight, overseas real estate markets, especially the United States and other countries, such as the recovery of a rebound in the housing market factors that promote Chinese people overseas buyers market gradually higher. SouFun monitoring data show that Chinese people overseas buy preferred country is the United States; addition, the people of New York in the United States to buy the most popular city rankings ranked second. And the opening of the bend in the river just east of New York & New York. New York real estate market appreciation potential, very worthy of investor attention.
Thanks for the research... I'm going to post the statement from the SouFun chair from the signing ceremony. Exciting that the partnership with SouFun is now official!
XIN president gives speech....takes time from his job as director of that "Coke company" LOL!
Details on I.V.
"Dr. Cui Yong Xin Yuan (China) Property Limited CEO speech"
"Launched the first phase of 48 units, from $ 740,000; Meanwhile, the purchase of the items can also enjoy the 15-year property tax exemption policy."
"Launched the first phase of 40 suites source listings, apartment from a home to Loft, area 70-450 square meters, price from $ 600,000, the specific price of a room. Purchase the item can also enjoy 15-year property tax exemption policy."
Any DF interested in low nicotine tobacco or low THC hemp would be interested in XIN's imaginary dividend that they would hypothetically get by buying on Friday! LOL!
XXII ........... LOL! LOL!
Low nicotine tobacco.....get rid of the only interesting thing in tobacco....nicotine, keep all the other cancer causing crud and we have "silly time in the market"! LOL! My favorite is HERB....thought I was a bagholder this time around but got my investment out at $2.45 and now holding 18,000 free shares. Hemp chaff/seeds!!! WOW! LOL! LOL!
How about a Tonka Toy $100,000 electric play car? LOL!
" US$0.05 per American Depositary Share (ADS), which will be payable on March 20, 2014 to shareholders of record as of March 7, 2014."
Ex-dividend day was March 5 since it takes 3 days to be shareholder of record. From now on I will buy the day before ex-dividend day and sell several days later for the big stock gain and get the dividend for free! LOL!
From a tech perspective -- the upward momentum of the price crossing over the 50 day average seemed real. At about 2 in the afternoon, a 60K bid showed up -- at the exact price of the 50 day average, once the stock went above on price. On Mon/Tues/Wed -- another such event (5 day crossing the 20 day going up) has a high liklihood of occurring, which could therefore trigger more algorithmic buying.
short covering pre-divy makes sense to me if the shorts calculated net value by covering. I suppose it's possible, folks thought the stock would continue down -- then it would have made sense to pay the divvy and get the profit from an anticipated stock drop Clearly, lots of scenarios & none of us know the full answer. Thanks to all for sharing views for consideration.
agree - market jump had nothing to do with Changsha. Personal belief is it's technical, tracking at the low end of the trough from 2012, and the recent lower value for a short time was the bottom test (just as the high levels in the 7.50s were a test of the high that didn't last long)....If true, the stock could move up alot in a short time (eg 20%)...
Declare from the technical perspective - read about cup and handle breakout, wedge breakout or similar -- both have come to a head with XIN. The jump on Friday could be the first of 2 steps of a breakout to a new level (confirmation from a tech perspective -- another jump on volume.) --- the stock will have a tech / algorithm trade push up as the 5 day average price crosses above the 20 day average price (showing sustained upward momemntum). The 5 day crosses the 20 day early this week, as long as average closing prices stays above about $4.79.
XXII,,to start trading on nyse this coming tuesday. tobacco biotech...able to control nicotine level,,,partner with british american tobacco,,,already got milestone,,,sold 700k worth of tobacco to NIH for low nicotine research, with several other near term catalysts...no binary events like other biotechs. both commercially and politically in the sweet spot. worth a look.
xin,,,so much potential,,,so underdelivered so far. did they get a CFO yet? have a great 2014!
Payable on March 20th to shareholders as of March 7th. We will see next week, but I share Shells view that this was due to the dividend. No one knows about the land acquisition or NYC presales because the company does not release such news to US investors in time.
If the last day to get the dividend was Tuesday March 4........why would the stock go up Friday March 7?
The stock went up because of the divvy, that's it. It used to go up a lot more than this. Also,
shorts would have covered because they would have had to pay the divy
The market did not jump on the Changsha land acquisition by XIN...IMHO. Very few knew about it yesterday or would care if they did know. There appears to be one or more larger buyers of XIN in the market the last few days. 40%-50% growth for the next 3 years should get a lot of new institutions interested....if they buy the growth story.
"stock is likely to fully declare within the next few days"... what do you mean by this?
Anyway, thanks for all the info on the land everyone who posted. Odd that Xin would jump that much on a land buy.... If the market thinks its such a good deal... you'd think someone else would have bid more for it.
if price closes at $5.18 or higher on Monday then 5 crosses 20. If price closes above 4.78 on avg Mon & Tues then 5 crosses 20. This is a really positive momentum for reversal/ All kidding aside - if there are retail shorts out there, consider covering, as the professional shorts likely have already done so. The volatility of this stock combined with where it is from a value perspective (less than 1/2 book) and where it is with option pain (very near the $5 strike price) make it pretty easy for the stock to bounce up or down. It is at the low end of a trough it has stayed in since 2012. GLTA -- stock is likely to fully declare within the next few days. (it may bounce up and down too..)