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Xinyuan Real Estate Co., Ltd. Message Board

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  • barnardjohnthird barnardjohnthird Apr 5, 2012 11:59 PM Flag

    Odd isn't it that almost every property

    XIN has discounted property prices and i have blogged about this as well. Where are you getting this? They discussed discounts in the previous conference call.

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    • If I recall they had to discount 1 property last May but assured investors it was only on that one property, and there wouldn't be any other discounting. Then I believe they stated in February's call they began discounting on
      that property again Kunshan? in January or February. The way
      Tom talks, this is new with the "seller financed contracts"?
      but that really hasn't been reflected in the numbers...yet.
      Did you glance at CHLN's. I think it read margins dropped from the 28%? range to 14's? It was certainly reflected in
      theirs.

      Barnard how long have you been in this stock or are familiar
      with 2010?

 
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