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Xinyuan Real Estate Co., Ltd. Message Board

ksn_44 85 posts  |  Last Activity: Jul 29, 2015 11:41 AM Member since: Jun 28, 1998
  • 15 minutes pushed it up 12 cents in mid afternoon. Popped and then had been flatlining for hours.

  • SFUN up 54%
    LEJU up 48%
    EJ up 20%

    There you have it.

  • Reply to

    Stock price

    by asaatjian May 1, 2015 3:35 PM
    ksn_44 ksn_44 May 3, 2015 2:12 PM Flag

    Aggressive numbers out of Beijing, especially good news for SFUN. But keep in mind Beijing is the highest revenue grossing market for EJ LEJU, just more in primary sales.


    Beijing's April second-hand home sales hit 25-month high
    May 03,2015
    BEIJING, May 3 -- The transaction volume of second-hand homes in Beijing reached 17,191 in April, the highest in nearly 25 months, according to new data from property agent Centaline.

    Zhang Dawei, chief analyst with Centaline, attributed the rise to easing policies on buying and selling the second-hand homes.

    In late March, China's central bank cut the minimum down payment requirement for second home buyers to 40 percent.

    Minimum down payments for first and second home purchases using the housing provident fund, which offers urban residents lower rates than those of commercial banks, were also lowered.

    Business tax will be exempted on sales of homes purchased more than two years ago, in stead of the previous requirement of five years, announced by the Ministry of Finance.

    The property market will be better this year, Zhang said, citing continuous policy stimulus. The demand for improved housing will increase and add energy to the brisk market.

    China's property market took a downturn in 2014 due to weak demand and an excess of unsold homes. The cooling has continued into 2015, with both sales and prices falling and investment slowing.

    Since November 2014, the central bank has cut interest rates twice. Banks' reserve requirement ratio (RRR) was also cut twice.

  • Reply to

    Shanghai RE Index up 6% last night

    by ksn_44 Apr 30, 2015 9:46 AM
    ksn_44 ksn_44 Apr 30, 2015 5:50 PM Flag

    I think you are double counting cash. On their last CC EJ said the cash is more like 2.5/share. But I see your other point.

    LEJU is forecast to basically break even so EJ's legacy business must have fallen off a cliff. Hard to imagine.

    I have a feeling they are going to raise revenue guidance for the year in the next CC on or around May 21.

  • Reply to

    Shanghai RE Index up 6% last night

    by ksn_44 Apr 30, 2015 9:46 AM
    ksn_44 ksn_44 Apr 30, 2015 12:54 PM Flag

    Could be the overhang of the two negative Q1 earnings forecasts for EJ to show sizeable losses. Someone here also noted an analyst on the NASD web site showing a -.27. Wow. Have no other reason for explaining the internal price differences.

2.76+0.02(+0.73%)10:16 AMEDT