They are not ignorant of their own value. In fact, their stock buy-back plan says the opposite. Assuming their financials are correct, and I do, the ignorant people are investors who look past XIN and buy other stocks. Management has done about all they can to get the stock price up. They cannot control the fraud in other China based small caps, but are tainted by those companies. It will all sort itself out -- eventually.
well, in fact it better than that, as the company is trading at 1.6 times its current earnings. They know that and that is why they have been buying back shares for more than a year now. Do the same and enjoy it while it lasts as the issue is not with the company but with the market irrationality