There is absolutely no news from company in almost 2 months.
It feels like huge silence, big vacuum.
Give us update on NY project, any china project, bring in more new board members, announce additional buyback, dividend, HK listing, new land deals..
They will. In a couple of weeks we will hear about the Q1 dividend, and then in February we get earnings, and updates on projects, buy backs, etc.
On a positive note, the volume is down big time today. Usually, that means change is coming. It has traded sidewise for a while now, hopefully we can break the 3.85 resistance.
That and get a fre... Analyst to cover the companies business. Scottrade has stopped updating Xin earnings - I have never seen a company that has done so poorly in terms of IR and publicity.
Also tell them that world stock market has left the station and XIN is left behind (still trading at 30% of book!).
XIN needs to get on the next fast train to catch up with rest of the world.