Bigger Scale Supports Ratings: Xinyuan's Stable Outlook reflects that its scale is comparable to similarly rated peers, and the company can maintain its current financial profile once it steps up the sales from the new land it acquired in 2014. Its total sellable GFA as of March 2015 was 3.2 million sqm, a 29% increase compared with the 2.5 million sqm land bank in mid-2014. Its larger scale and increase in assets provide more protection to creditors and support its rating outloo
Looked at total outstanding and diluted shares vs previous on financial statements. Not sure exactly when bought, but just that fewer shares out now vs earlier time. Fully diluted is way down, I suspect due to tpg...
Lots more than $3. Beware of consistent negative statements made without regard to facts. Thx to others who corrected misinformation on another thread... Dividend announcement coming in near term...
Net income improving -- 10% higher than march guidance (4.5 vs 4.1). Net income for the year at 80 cents per ADS ($60 million) -- makes forward PE 4.125 @ 3.30 and 3.85 @ $3.08.... Factor in dividend... and even better deal
today is an opportunity to buy XIN at 10% off near term levels - congrats to those who pick up cheaper shares.
1 million shares bought back.
Stock is cheap looking forward (and back).
Increasing sales seen in April and May from easing in China...
new york impact not counted yet. Looking very profitable.
On the earnings call -- statement made for plan is to continue with Dividend, per earnings call discussion / questions.