Looks like there won't be any 'yet' part to worry about. From NY Post
'And he urged substantial changes in the state’s 421-a real-estate tax law, of which apparently he got none — a defeat with grave implications for his foundering subsidized housing program.'
Doesn't look like they've done much to me in a couple months.
I see no one mentions 421-a? Or what that would mean for Condo sales. Good thing so far DeBlasio's plan hasn't gone anywhere....yet.
hmmmmmm, taking a peek what I see is Issi would have been the play back in March while Cy has been losing ground the whole time. So although I don't do options, I would guess (and it would be a guess) that buying those 14 calls means someone doesn't feel cy will end up with issi and will go back to the price level it
was at before the deal was put out there. I think they were about $15 before the announcement. The other thing I saw was a whole list of lawsuits when the offer was made? Have no idea what they are about. Just a thought from the pig farmer?
Where to begin.......argh....Like I said, people can read, but comprehension is a whole other topic.'they pay 4 dividends a year'. Make sure you change that to past tense Walrat. You have no idea about the future either. Now go back to the announcement and read the word 'quarterly'. What does it mean......um, could it be every 3 months? Apparently this Chinese company has the same definition as you, 'whogivesashitwhen'. Thank you so much for clarifying
company policy. And you and Star should look up the word
'precedent'. Even if you didn't have it in writing, the previous
three years of dividends kinda set a precedent on the expected timeframe.
How about the one in May 2012?
'In April 2012, the Company announced the initiation of a quarterly cash dividend of US$0.02 per common share, or US$0.04 per ADS, equivalent to an annual cash dividend of US$0.08 per common share, or US$0.16 per ADS. The first quarterly dividend was payable to shareholders in May 2012 and the second was payable to shareholders in August 2012. '
The 'I had no idea'......now that I believe. After three May dividends, you weren't surprised at all not to receive the fourth
in May. Speaks volumes.
'There will be two more dividends beyond the July 2 dividend'. Wow a soothsayer
in our midst. Did you also know you weren't going to get the dividend in May?
In 2013 the dividend was paid May 17, with the rest being on the 14th of Aug. and Nov. The next year 2 weeks later. Now who knows, but I'm thrilled that you are privy to what at this point would be 'insider information' the rest of us don't know about. Or were you 'hoodwinked'?
Stinky, most people on these boards can at least read. Notice I didn't say they can comprehend what they read. So don't assume we were all dropped on our heads at birth, even if you were.....of course you can 'Leave Your Hat On'
lets hear it for Joe.
No not double or nothing, but they missed the May payout and saying July2nd. Do you really think
you'll receive the Aug. 28th payout 7 weeks later? I don't think they have the money. So to make your scenario, they have to pay 3 dividends in 5 months. We know we're getting one of them. Time will tell, but it reminds me of their buyback program. When only 47% was bought of the $20m, they were announcing the $60m buyback.
You know I was reading an article on the take private deals and the Chinese were saying it was
because of the 'disrespect of American investors'. Now that comment gave me a real laugh. There is
a good reason for that lack of respect and it's called 'fraud' and attempts at 'hoodwinking'. They are used to a population they can mold and tell how to think. They want sheep, not wolves.
the buybacks, lol.
Previous dividends in 2014.
March 5, May 28, August 28, November 28.
This year dividends
March 18, July 2nd. So which one do you think they're going to miss, the May dividend or the August dividend?
Let's place some bets. I say the August, they aren't going to play catch-up. But hey maybe you won't notice :(
Why not, then they don't have to pay em the divvy. But hey, with all their toxic products hitting our markets and filling our landfills for many years, they're just smiling.
You didn't believe it when I said it? Lol. I don't think it's because Chinese markets are flying, but because the Chinese have changed their rules making it easier to list, lifting restrictions, etc. They want all their companies to come home. Thing is, will they trust their government in the long term? Also, it will cost these companies just as much again to list as it did to list on US exchanges. The ones making the money are the brokers and banks. Now China has a fairly new culpability rule which the US should have had a long time ago.
Oh, I'm not forgetting Brooklyn, the company already has and they've already got the money spent with their Malaysia bs etc. You will never see any benefit in the earnings from Brooklyn, and doubtful you will see any more projects in US. They've already been left in the dust by other Chinese real estate cos who have come to the US. As for buying them on an Asian exchange, they will be just one of how many? Won't even show up on Chinese radar. Please take the jet.
If you're thinking of dual listing Nolic, I don't think you're going to see it. Chinese companies
want to delist from US, and they need to drive the stocks down as far as possible to pay the cheapest they can to US investors. IMO, that is why Xin does nothing in English to promote
their company. No PR and no press releases for US investors while they promote and can say just about whatever they want in China.. So I would not be surprised to see Xin cry poor, so they have so called justification to eliminate the divvy to drive this stock down to a
$1. After a few months offer to buyout the US shareholders. That's how I see it playing out.
Don't tell me let me guess. As with all things Chinese......Revenue is gaining like gangbusters but profits, we're so sorry we just can't get a profit to the bottom line. Is that about the way it went?
You may want to consider MFL tomorrow, GL to ya.
We don't agree Colorme, and that o.k., it's what makes the world go round. I don't think their 'stated public plan' either shared on the cc or wherever is 'the' plan. All of their numbers proves it to me. It doesn't need to be proven to anyone else, so I won't continue to belabor the point. I too bought into Xin due to the Brooklyn project, that was the only reason.
If you were reading back when those races began I tried to tell you in a general sentence that such and such was 'material'. Don't think you picked up on it. After the last two r's, I've been disappointed with that hoss's performance and gate problem. I know they are all going for him, but if I go for that r, he won't be my pick. Maybe third if he finds a filling station on the way to the r ;).
You are right colorme. They had about 367 or 376 back then, and I have raised questions in the past about them doubling employee count in a declining Chinese real estate market.
They have paid the highest prices for land when they knew they were going to drop, build and cry the blues that at least one property they are selling units at just about cost. But you see the tripling employee count as 'positive'? When profits have declined 75%, sales were lacklustre and SG&A tripled etc? You don't see anything wrong with this picture? The markets do, JAG did, TPG did. My disclaimer I know nothing, but I'd bet with knowing nothing, this company is running a whole bunch of undeclared business operations that require the people and that expense along with many others are put on Xin's books. But you'll never nail them because the operations are wide spread and undeclared. You think they care what Xin is making for US investors? We're a joke. They have the money Xin has the debt. This is how the Chinese operate. I was just hoping back then when I was looking at this company, that this company would be different, but they're not. The only thing we have to be grateful for? This company is on no one's radar due to stock price. If that ever happens where this co goes to 15 or more, hope you're not in it. Do you not wonder why they lost 2 CFO's in a year or so? I guess they were both incompetent huh?