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Xinyuan Real Estate Co., Ltd. Message Board

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  • stan.ackman stan.ackman Nov 9, 2012 10:47 AM Flag

    Gurnee said next few quarters won't be as good as the previous

    Well, Marcino, I would say the financial community is smart in some degree. They do look at long-term outlook while paying most attention to earning in the next 6 months. However, there are exceptions. When a company's long-term outlook is extremely uncertain, wall street guys will focus on long-term uncertainty and ignore current earning beats. Vise versa, they will pay premium for those turnaround hopes and ignore current earning slumps. XIN fits perfectly into these two examples. Q3 last year, XIN's earning is strong but wall street ignored it and pushed price below $2. The reason is at that time, the outlook for Chinese developers is extremely uncertain. After Q3 2012, the outlook is substantially improved. What do you think wall street will react this time?

 
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