Hey, GV, I was hoping to get an outsider's perspective on our election.
Do you mind if I ask whether you still live in China or if you're here now? In either event, how is the US election being viewed in China? Is either candidate viewed as "better" for China if he wins? Is it being followed at all?
hmmm -- you are correct= 600% (was 50 cents a few days ago).
Book = $1.63 / share. Limited cash. Limited debt. Tier II developer.
69% insider owned. 45 million shares out.
was $3.50/share a year ago.
Someone must know something....one of the gossip investor sites said XIN acquiring it... no data to support the rumor. Makes sense on paper for the right price -- both are Tier II China. Gross Margins for HGSH = about 26%. But HGSH with limited cash on hand. XIN with lots of cash, expansion to new city via HGSH.
Seems as if it's getting expensive now. Nearly 2x book.