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Xinyuan Real Estate Co., Ltd. Message Board

  • He deserves some credit in making XIN so successful in the past 3-4 years but in my opinion he did not do a good job in making use of XIN's cash hoard and increasing shareholder value in relation to XIN's financial performance in last 3-4 years.

    As I stated in my earlier post, if XIN share price was near book value of 11, they could have avoided bond offering and done a secondary at 10.5 and avoided 26 million interest payment per year and significantly increased XIN's profile in stock market.

    Also there always seemed sense of cloud hanging over XIN, which I don't think was justified.

 
XIN
4.97-0.07(-1.39%)May 27 4:02 PMEDT