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China XD Plastics Company Ltd. Message Board

  • iq180plus iq180plus Nov 11, 2013 10:49 AM Flag


    Not to mention their investment of $100 million in preferred shares. New capacity ramp has increased earnings almost 100% over previous quarter and leaves them trading at well under 2 times annualized EPS runrate of $2.56.
    Chines auto sales were up over 20% last month and the hotest of the hot were the imports which is were CXDC's product is sold into. And further expansion of capacity in the next couple of years will bump EPS up over $4 a share. GURE is up over 20% and we will be lucky to break even today.

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    • THe MS investment in and of itself is not a guarantee of anything. The big boys can get it wrong just as easily as small guys. They do more due diligence and have more access, but that is still no guarantee. Nonetheless, CXDC looks like a reasonable speculation. If they announce a share buyback actually buy their own shares, I would view that as a very encouraging sign that they themselves view their stock as cheap.

      • 2 Replies to schroeger_22
      • As if your ignorance wasn't clearly on display enough, by the few lines of drivels you've offered up, you should be aware that MS has a history of teaming up with management to take the chinese company private, ipso dumbo, it is their best interest not to bid the price of the stock up. Might want to take a look at Younge International.

      • Being on the board they have enough access that they would know. Given all the past they should know what to look for. These people listed their core customers who in many cases are external to China. This would be a pretty easy way to verify actual revenue. Companies like LIWA are all internal customers and this gets much more difficult to confirm. Not saying CXDC is clean as a whistle but with external customers their should be some measure for business confirmation.

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