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Xinyuan Real Estate Co., Ltd. Message Board

  • olssongustav olssongustav Aug 2, 2013 4:11 AM Flag

    Buying more

    I have stocks in both in US and Shanghai, Shenzhen stock market in China, and also in Sweden coz I am swedish. My wife is chinese so thats why I can have an account in China also. To speak the truth, I cannot understand the reason why this company is so low valued. Developers are very profitable in China and the owners of the companies are very rich. If compare some developers listed in China, for example SHE:000006 it is much undervalued, and then the chinese stock market is also been doing bad the last 2 years and is undervalued. The only reason I can see is that the US-people have some strange idea that all chinese comapnies are fraud, even the good ones. Ok there has been some frauds, but if you invest in 5 or 6 companies and you are unlucky is a fraud then what. You probably earn much more on the other 5 because of their potential. My portfolio is up 50% in 5-6 months time, and I have mostly large chinese companies but also have some smaller ones mostly for fun.
    I am happy that all seems afraid of the chinese stocks and think it is a fraud!! The stocks are still undervalued and I can still make a fortune!!!

    Sentiment: Strong Buy

2.70-0.03(-1.10%)Aug 4 4:05 PMEDT