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Xinyuan Real Estate Co., Ltd. Message Board

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  • caseysxyz caseysxyz Sep 25, 2012 10:11 PM Flag

    We had a discussion after Vanke had their annual

    Let's see what is XIN cash per share? $ 9? After you pay off all the debt and finish the projects it might still be $ 9. I can buy a company for $ 3 a share and immediately get $ 9 a share in cash. Do I really need all the sophisticated sector analysis to find a M&A partner? Wouldn';t the company fight vigorously fight a tender at the current valuation?

    A tender would immediately shoot up the valuations to 10 to 15 a share and it would be a dog fight. China does not consolidate because of strategic fit consideration as it is a target rich environment. China needs to learn to crawl before it starts jogging activities.

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