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Xinyuan Real Estate Co., Ltd. Message Board

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  • stan.ackman stan.ackman Apr 9, 2012 3:58 PM Flag

    Is XIN worth the risks

    If XIN' outlook is stable, it should return the capital back to its shareholders. However, management knows the outlook is not stable at all. Tom Gurnee, the CFO, told me even the chairman does not know what will happen beyond 12 months. Basically, they feel the uncertainty. However, shareholders keep pressure on them. They are in a dilemma. I guess that's why they still didn't announce the actual dividend. They use the wait and see approach. Only if the share price drops below a certain level, they will announce it. Otherwise, they will conserve the cash while the shareholders are relatively happy with the current share price.

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