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Xinyuan Real Estate Co., Ltd. Message Board

  • teknowiz teknowiz Dec 20, 2011 8:11 PM Flag

    Shame on Management.....

    How can they let shareholder suffer day after day? How can they let this stock sit at cash value at under 1.5 PE ratio and at 25% of book value.

    Why are they not massively buying their own stocK?

    Why dont they understand that the best investment they can make right now is their own stock which selling at 25% of the book value?

    Why do they think buying a land and building apartments is going to return more than their own stock?

    Why cant they do simple math?

    This is mind numbing.

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    • I don't understand your point, the company is buying back the maximum shares allowable under SEC rules, you can do the volume calculation yourself and see that they are buying back near what they are allowed to and can be expected to do given SEC constraints and the low daily volume in the stock. They have a $10 million buyback and have already bought back more than 2 million shares over the last quarter and a half, and will report around 4 million shares bought back at the end of Q4 most likely.

 
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