HGSH equity ( march 2013) = 85m$ ! with market cap = 469m$
XIN equity =800 m$ with market = 330m$
sell hgsh & buy xin
hgsh earnings will increase 1000% xin earnings down 40% ???????????
are you saying that hgsh earnings will increase from 5m$ ( FY 2012) to 100m$ in 2013 ?????
no body on earth will believe that !!!
in the the first profit were 11m $
XIN trades on 3 x 2013 & probably 1.85x 2014 !!!
for hgsh such a 2014 PE would mean profit of 250m$ !!!!!!!!!!!!!