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Xinyuan Real Estate Co., Ltd. Message Board

  • bab10m bab10m Oct 16, 2012 8:54 AM Flag

    Xinyuan Real Estate Co., Ltd. Announces Third Quarterly Dividend Payment for 2012

    This stock is worth at least $10 (or $20 if you value it the same way as a US company), but is trading at less than $3. We need CEO to do more to increase transparency to unlock the value of the company.

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    • Paid on Halloween. Spooky.

      On the $10 thing, you're right that if XIN just priced at the average P/E of other Chinese real estate development companies, which is about 4 to 6, it'd be $8 to $12 right now.

      I also tip my hat to you for demanding action from Management to get XIN back to pricing like its peers. Some folks recommend the following course of action to get XIN's price to where it should be: change nothing.

      But the very definition of futility is to do a thing exactly the same way again, but expect a different result.

    • He also said,

      "We are pleased to reward our shareholders with our third quarterly dividend payment for 2012. We look forward to strong operational execution for the remainder of this year and will continue to evaluate opportunities to further enhance value for our shareholders."

      It is not terrible that the share price stays low. The more shares the company can buy back, the lower their quarterly dividend expense will be each quarter, and next year the dividend will be $.05 a quarter dividend.

      Sentiment: Strong Buy

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