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Xinyuan Real Estate Co., Ltd. Message Board

  • hageneriksson hageneriksson Nov 9, 2012 12:00 PM Flag

    big haircut as expected

    stock gives back some of the big gains accumulated in recent weeks - when going through results and outlook I really wonder why the stock price appreciated this much in anticipation of the release. The company will have to renew its project pipeline before moving into growth modus again. This will take at least two quarters from now. Despite the big drop I wouldn't buy in today as the stock was at $2.50 just some weeks ago.

 
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