you are viewing a single comment's thread.
You made a mistake buddy. Stock buyback or dividend will only decrease the total book value. But since they buy shares back below book value, the book value per share will increase.As far as EPS, we don't know. Only if the earning does not drop too fast.
Earning will be good. If you know tier-2 cities have very strong demand for housing, and the price was steady and strong.If you know XIN has properties in Chengdu......
No, Stan. When the company buys back stock, there are fewer shares out there, increasing EPS, cash per share, and book value "per share".I'd love to hear a 20 million buy back after they complete this 10 million buy back.