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Xinyuan Real Estate Co., Ltd. Message Board

  • jeffreybul23 jeffreybul23 Aug 20, 2012 10:59 PM Flag

    Extra cash in Q2

    So, XIN may buy more than the average 1 million shares a quarter.

    Hopefully they are buying the 64k shares "EVERY TRADING DAY" for the rest of the year.

    There were some really big buys today, 20k, 30K+, so hopefully they were the company, and/or institutional investors finally buying in.

    Q3 earnings are expected to be similiar to Q3 2011. However, there are already around 5 million fewer shares due to buybacks, so the EPS should be higher than in 2011.

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    • Jeffrey, if we consider the expected buy back, H1 2012 earnings and what I expect to be the earnings for the remainder of the year (company guidance is usually very conservative), 2012 earnings per share will be probably around $2.5 per share, ie ca 65% increase vs 2011. At the moment considering the expected buyback they have already almost matched as of H2 2012 the full year earnings for 2011.

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