I'd be happy with $4.00 for now. I honestly don't think they would continue buying shares if/whenever share price is above $5.00.
When we see $5.00, as long as it stays above $5.00, they won't buy more shares, unless share price drops back under the $5.00 mark again.
Hopefully they bought another million+ shares back in Q1, and are still buying in Q2.
Will increase future EPS, Book Value, and reduce the float, and future dividend expense.
Keep Buying!!! $5.00+ by end of 2015, $10.00+ by end of 2016.
By "positive", I mean improvement, quarter over quarter, and growth in the company continues. They will not let the share price stay under $1.00, as they do not want to be delisted. All they need is one good contract, and/or a positive quarter, and it will make the share price pop nicely. Hopefully $2.00+
I've bought and sold XIN for last 4 years. Should be $10.00+ a share already, but I have a sell order at $4.99 for now. Hoping it pops there, and sells off afterwards, so I can buy back. In the meantime, I'll take my 6% dividend.
Right now waiting for CNTF to hit $1.50, so I can use those profits to buy more XIN. Should pop there within next month. Q1 earnings should be around May 20th, so if it does not hit $1.50 before then, it will on earnings day.
We'd see $5.00+ easily.
If they continued to purchase shares, as long as the remain under book value, then $7.50+
It usually has a nice pop before/day of earnings announcement, but then comes back down. Hoping for them to pop up over $2.00, and maybe even stay there this time. We shall see. Earnings/conference call in about a month for Q1.
Q4 was positive, so if Q1 is just as good, then $2.00+ easily. If the company were to implement a Conservative buyback, and purchase shares a long as they are under book value, we'd see $4.00+
..... was the day CNTF reported 2014 Q1 earnings, so more than likely, around same day in 2015 for 1st quarter earnings.
Share price will either pop to $1.50 with some kind of good announcements, new contracts, etc., and/or will pop to over $1.50 when earnings are reported. Company won't allow it to stay under $1.00, as per NASDAQ delisting rules, so any shares under $1.00 are a guaranteed earnings.
The question is, "can they stay above $1.50, when thy get there?" They should be $5.00+ stock, but most likely won't see anything like that for a long time. $2.00+ in next 6 months is possible.
You, and me both. Waiting for XIN to get to up around $4.99, and maybe by then CCCL will be back around $1.20. CNTF is at $1.03, and should pop with next earnings to over $1.50, or hopefully before. Whether or not they stay there is, a whole nother story.
Over the last 4 years, I've learned that Chinese stocks never just go up. They pop, and then drop. Expecting CNTF to pop after their next earnings, so if/when that sells, I may buy back into CCCL.
Hopefully we will see it again, by end of year.
They have enough cash to issue a Share buyback, so not worried on price going under $1.00, and staying there.
More risk to the upside, so wouldn't want to be short CNTF.
Got to their 52 week high in premarket from 4/14/2014 (one year to the day). Hopefully it can stay in the regular trading session.
Cash went up, debts went down, and with a positive cash flow, and fairly positive 2015 outlook, things look optimistic.
Not great, but pretty good. Profit in Q4 2014. What I like the most is the Net Cash Flow (more money coming in than going out).
Cash per share increased, profit, and comment on expected positive 2015 earnings. All they need to do is to announce a share buyback program, and the share price would pop nicely.
Hopefully earnings were good enough for Wallstreet, and we can see $2.00 over the next week?