interesting to see how market will react to this update. is it too late to turn the broken trend?
also, someone please ask about future bonds for future oversea projects. what exactly can xin do or not do with taking money out of china for projects?
"Decent"? They were excellent considering Q1 is always their worst quarter. Even if they matched Q2, Q3, and Q4, that would give them $.37 x 4 = $1.48 yearly EPS. However, Q2, Q3, and Q4 will all be better than Q1, not to mention most of their monies will be coming in the end of 2013, and U.S. sales will have started.
At minimum, they should be at $22.00 a share.
Sentiment: Strong Buy