now the bone heads cant read a balance sheet...... The value of this stock is showing a strong buy. The quarter fundamentals are a strong buy. ITS a strong buy........................ period. cover shorts
OIL does not follow the over all market. CNBC tried to correlate oil with the market and found oil is controlled by oil prices only. It will be the safe haven for funds who must be invested in equities. IT could explode to the upside.
wow I am down 40% in a hurry. I would not panic in AH as the sell off is over done to the offering. The run up press was cheap to double the stock just to dilute it. Wow did I get suckered.
Clearly you didn't listen to the call or cant read.
The government wants these real estate companies to do well so they can get revenue though taxes. They are the wind in their sails and they are now blowing hard with low rates and give always to 1st time buyers. The last quarter was great and the smart people are buying instead of typing and bringing up excused for being left behind. This stock historical rallies hard and should be at a higher PPS. Strong buy.
Its dropped 90% in the past one year. Its still down 80% and up 100% from the bottom. I am looking for another double to triple here the next year. The company's now trading above its 50-day moving average of 1.8 $ SMA , its a big buy.
I am in XIN also. I am along for the ride as Housing picks back up. Buy them at the bottom and when the earnings turn you can make a lot of money. XIN did well as the Government is backing their revenue source- housing. Lower rates of borrowing and incentives for 1st time owners coupled with a good quarter is booming XIN.... I think this is next and a great buy.
they just sold the seat on the rocket ship to a three dollar average PPS. WAY to go shorty loser this is going to 3
doing better then the other real estate stocks. Catalyst of 30% down and good rates for 1st time buyers. China makes a lot of money through real estate sales and its major source of income. - Highlights for the Fourth Quarter 2014
• Total fourth quarter revenues were US$362.9 million, a 121.8% increase from US$163.6 million recorded in the third quarter of 2014 and a 25.5% increase from US$289.2 million recorded in the fourth quarter of 2013. Contract sales totaled US$402.6 million, a 140.1% increase from US$167.7 million recorded in the third quarter of 2014 and a 6.6% increase from US$377.5 million recorded in the fourth quarter of 2013.
• Total gross floor area ("GFA") sales were 252,200 square meters, a 151.4% increase from 100,300 square meters sold in the third quarter of 2014, and a 4.3% increase from 241,700 square meters sold in the fourth quarter of 2013.
• Selling, General, and Administrative ("SG&A") expenses as a percent of total revenue totaled 14.6% compared to 19.6% in the third quarter of 2014 and 12.1% in the fourth quarter of 2013.
• Net income was US$23.8 million, a 205.1% increase from US$7.8 million in the third quarter of 2014 and a 24.7% decrease from US$31.6 million reported in the fourth quarter of 2013. Margins of 6.6 %
• Diluted net earnings per American Depositary Share ("ADS") attributable to shareholders were US$0.34, compared to diluted net earnings per ADS of US$0.10 in the third quarter of 2014 and US$0.36 per ADS in the fourth quarter of 2013.
• The Company repurchased 1.43 million ADSs at a total cost of approximately US$3.9 million in the fourth quarter of 2014. Pre –Sales for new projects are up with lower rates for 1st time buyers and 30% down as catalyst.
Mr. Yong Zhang, Xinyuan's Chairman said, "We are pleased to end 2014 with a very strong fourth quarter performance, as measured by our year-over-year contract sales and revenue growth, as we experienced a general improvement in project demand. As we have indicated throughout the year, our anticipated revenue and profit recognition for 2014 was back-end loaded, with the fourth quarter alone contributing 39%, 39% and 49% to total 2014 revenue, contract sales and net income. Despite challenging market conditions for the year, we still managed revenue and contract sales growth over 2013. While it is still early to forecast how quickly China's overall real estate market recovers, we are encouraged with our improved performance and believe the macro real estate environment continues to stabilize. With our continued focus on development projects in high growth cities, solid execution and stringent cost controls, we believe 2015 can be a very productive year for our business."
"2014 was a year of adjustment for our company as we invested in resources for our future development and growth. Our operational highlights for the full year include launching presales of ten development projects, acquiring eight projects for a total GFA of 1.83 million square meters and selectively entering into new geographic areas. The balance of our real estate property under development at the end of the fourth quarter increased to US$1.7 billion from US$1.6 billion at the end of the third quarter of 2014, reflecting 18 active development projects with another six projects that are expected to commence pre-sales in 2015. As of December 31, 2014, our total sellable GFA was approximately 3.08 million square meters, representing both active projects and projects in the planning stage, reaching a new record for Xinyuan."
"Finally, we want to express gratitude to our long-term shareholders for standing with Xinyuan during these turbulent times. In 2014, the Company distributed a dividend payment of US$0.05 per ADS each quarter. We also repurchased 4.5 million ADS at total cost of US$ 17.6 million for the full year. We remain committed to rewarding our shareholders in 2015 as we further scale our operations and grow Xinyuan into a leading real estate developer in China," concluded Mr. Zhang.
Short sellers have driven stock prices to absurd levels, because they think all US-listed China stocks are frauds.
Xin looks to be one of the Solid companies in a lousy market. Doing better then the average market. XIN is 1st company listed on NYSE . To do that you have to meet accounting standards .
---- XIN's foothold in the US is a good sign for their future in my eyes, ---Undervalued-
Trend continues up for the China housing markets as demand increases odds of further gains.
In the fourth quarter of 2014, the Company's total revenue was US$362.9 million compared to US$163.6 million in the third quarter of 2014 and US$289.2 million in the fourth quarter of 2013.
Gross profit for the fourth quarter of 2014 was US$96.1 million, or 26.5% of revenue, compared to a gross profit of US$43.5 million, or 26.6% of revenue, in the third quarter of 2014 and a gross profit of US$94.9 million, or 32.8% of revenue, in the fourth quarter of 2013.
-----The Chinese government reaped huge benefits from these rising land prices. The Chinese government also levies heavy taxes and fees on real estate. This price appreciation is a given.
---People move to the cities- Because of the supply constraint, housing prices in most Tier I and some Tier II cities with population inflow will continue to be strong.
----* The Company owns 51% equity interest in a joint venture, Shaanxi Zhongmao Economy Development Co., Ltd. which develops Xi'an Metropolitan.
I just like the positive news adding up. It makes it easier to invest more... We are going up
I have 50 reasons why IBIO has not been priced right at this PPS. And I have posted them to many times... I will post again on demand. Its cheap and the Market cap does not reflect their foot print in the industry, patents and backing.