****** Real estate investment, a key pillar of China’s economy, is expected to fall back to a “normal” level – about 2 to 3 per cent growth – in the second half of this year, according to a top Chinese economic adviser. “Real estate investment actually would have peaked in 2014 if there hadn’t been an upsurge in 2016. So the year-on-year growth will slip to 2 to 3 per cent in the second half, or even negative growth, due to the high comparison base. But that should be a norm in the future,” said Liu Shijin, vice-chairman of the China Development Research Foundation, a top think tank, on the sidelines of the World Economic Forum in Dalian.......... etc *******
Summary: XIN shares are up big since late May, but the stock still has room to run.
XIN is a shareholder-friendly company, and I believe that this will be the case through 2017 and beyond.
I am sharing my May 2017 Watchlist that identified XIN as a great long-term buy. 1) A Shareholder-Friendly Company - Management repurchased 1.36m ADSs for a cost of ~US$7.2m during Q1 2017, and the company recently announced another $40m buyback program. Furthermore, Xinyuan pays a quarterly dividend of $0.10 (~8% annual yield) and shareholders should expect for the dividend to continue as Q1 2017 marked the 21st consecutive quarter that the company paid a dividend. Risks
The company could struggle through 2017 and into 2018 if the government restrictions are not lifted, especially since the company will have to halt several projects. Moreover, Xinyuan's debt has the potential to limit management's growth strategy in the years ahead if further progress is not made at refinancing the high interest balances. Lastly, there is a chance that Xinyuan never rids its of the "Chinese stocks are too risky" label and shares will continue to trade at a significant discount.
And other European potential projects....
" Recently, Xinyuan Group and the Swiss Attixs hotel group signed a strategic cooperation, the two sides will be on a global range of project development and development of extensive cooperation. This means that Xinyuan in the frequent sub-beauty of the United States, to speed up the landing of the strategic pace of Europa, its international layout will be further expanded to form a more mature and perfect overseas layout........"
"JGR Capital Partners is being compensated by Xinyuan Real Estate Co., Ltd for producing research materials regarding Xinyuan Real Estate Co., Ltd and its securities. Payment is made in cash and is billed one time and upfront for an annual subscription. As of 06/08/2017 the issuer had paid us $33,250 for our services, which commenced 05/15/2017. Additional fees may have accrued since then. Disclosures pertaining to this report can be found at"
200 MUSD * (13% - 7.75%) = 10.05 MUSD. So 10 million less interest expences per year: outstanding principal amount of the 2019 Notes is US$200 million with 13% interest. That will be replaced with 7.75% Senior Notes due 2021
******* June 16 at 8 o'clock, Zhengzhou Xinyuan International Metro election room re-Kai, 2 minutes that sold out, sales of 1.35 billion yuan, and then build a new high-quality residential properties, creating the Central Plains property market selling legend! ******
"F" ---"JGR Capital Partners who for money says Xin is worth $7.60 so for nothing I say its worth $14
Three pillars of modern tech economy: 1. Protecting environment including use of Alternate Energy Sources 2. High Tech- with AI (machine learning) and Biotech (Sequencing of Genes and using Tech. like CRRSPR) 3. Manage population expectations. I think China is on par to do that!
99% of trump voters think chocolate milk comes from BROWN COWS
May home prices.... Xi'an and Changsha lead the price increases for XIN.