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Xinyuan Real Estate Co., Ltd. Message Board

  • dannylct dannylct May 6, 2014 11:26 AM Flag

    Summing-up the numbers

    Most read the Q-reports - "We believe the supply and demand in our core targeted cities remain variable and that the company will continue to benefit from incremental scale." * You see the key word here is variable and if XIN does benefit from their incremental scale I'd think they would have to be correct in anticipating 2 things: their customers ability to obtain credit given changes in the credit market, and even more so will the demand be there. This to me is a bigger variable.
    The question is how accurate can XIN be and more so to what effect will all this have on full year results. They have the properties all in various stages of development and targeted for a profitable year based on 2nd half of the year projections. Can XIN's stock go up nicely by the end of this year or going into 2015 based on their plan? Focusing on the job market in the areas of our properties available for sale and the general area demand will help us determine that factor.
    We are aware China's real estate market pricing is projected for further reduction. On a percentage basis how many of those looking for homes will wait for better pricing. We are not in such a seller's market anymore.
    XIN fully gets the real estate market pulse with all it's issues, based on their statement " one thing I would like to highlight is we have been very selective on the markets we have presence in or decide to enter, while the micro environment in 2014 would potentially be tighten nationally." I'd say there is some possibility XIN did not see the quick speed change and / or the government's timing on implementing restrictions of both property and credit resulting in, to a slight degree, XIN being over built. Isn't this the concern of our as stock holders?

    Sentiment: Hold

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