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Xinyuan Real Estate Co., Ltd. (XIN)

NYSE - NYSE Delayed Price. Currency in USD
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6.17-0.13 (-2.06%)
At close: 4:02PM EDT
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  • I
    Iowabeancounter
    Iowabeancounter
    Second Try - Found an article regarding tentative agreements between IPC Corp Ltd. and Xinyuan Real Estate. IPC acquired 51% of an Xinyuan subsidiary for $5.1 million of stock and sold an hotel to Xinyuan for $41 million. IPC shares have increase substantially since the announcement on Monday and this may explain the spike in XIN shares on Monday. Tried to post link, but I think it got rejected. Google IPC Corp and Xinyuan, International Business Times has the most informative article. GLTA
  • T
    Tom
    Tom
    I’ve seen some nice gains in this stock since 2012, but I don’t recall a gain this big in a single session and the best volume in years. GLTA
  • R
    RV
    RV

    https://seekingalpha.com/article/4107849-xinyuan-real-estate-tide-may-finally-turning

    Xinyuan Real Estate: The Tide May Finally Be Turning
    Is investor sentiment finally starting to improve? I think so. The bull case for Xinyuan Real Estate shares has been in place for years now. Xinyuan Real Estate
    seekingalpha.com
  • G
    George
    George
    Guys, can we stick our comments to the company and your views on the company? no need to comment on others on the board. I'm a long term XIN holder and recently added more around $5, after seeing management consistently delivered on their promises to pay dividends and buy back shares. XIN is attractive at its current price level compared to HK listed Chinese developers, and sales is accelerating based on recent project news and plans of new sales launch in the 2nd half this year.
  • l
    lb
    lb
    American builders are averaging a PE of 14-15. At a PE of 10 XIN should have a pps of 8.50 and a dividend of 5. I know Chinese companies should be bought at a discount but those numbers are pretty conservative.
  • s
    star
    star
    -------- Who is buying? ------

    Not likely XIN in any quantity. Since XIN is limited to, at most, 25% of preceding 20 trading days volume, the most they could buy is under 50,000 per day.
    Also XIN has a good history of not paying too high a price with their buyback.
    In addition, the bond covenants, are fairly restrictive. XIN's buyback should slow way down in second half 2017.
  • R
    RV
    RV
    If you bought around $2 in January, 2015- in 33 months return would be 300% and that is not including dividends!
  • W
    Wells
    Wells
    Birinyi has spoken, he sees blue skies ahead, when Birinyi speaks I listen, every word. Birinyi follows the tradition of Lawrence Jarvinen, Gerald Loeb, these traders knew how to interpret the market data and predicted near term (6 months) market direction that guided them to buy or sell a stock or stocks. They raked in money until they died. So, for them stock market was not a casino, it was a mega ATM. As XIN stock was breaking out, someone placed 10,000 shares at 'ask' column, ordinarily it would have taken a long time or not executed at all, not this time, someone quickly took it away, I said to myself "Who is smarter, buyer or seller?" I concluded it the buyer. Not long after, someone placed 26,000 shares on the table, it didn't last long at all, in one scoop the buyer just grabbed it. I knew that something serious was happening. I have not seen anything like this before. Someone with capital was grabbling whatever number of shares he could place his hands on, these people know price change ahead of time. I know that these are better traders than me. So, in the final analysis, Clara Peller has spoken "Where is the beef?" I have not seen a stock coiled this tightly for this long and I am not a young man or neophyte. Now, CEO has trolls lined up to rev up the price. Interest burden has been drastically reduced.
  • W
    Wells
    Wells

    For XIN investors its been a sheer pain, torture, misery and frustration during the past ten years, the chart below speaks better than my words:
    http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=xin&insttype=&freq=2&show=&time=13
    Last year, one XIN investor said it was an extended inverse head & shoulder formation and predicted a sizable and prolonged upside breakout. I agree with the assessment. It also looks like a massive dish shaped bottom formation. Either way, this stock is ready to breakout. We, however, still need a confirmation. I need to hang tight and be patient, I have a tendency to sell right befor a major price breakout and buy a stock right before price drop, where does this feeling come from, I have no clue, but I am speak the fact. My urge to sell tells me that this time it may be more than smoke and mirror. This thing has risen a bit so price will move up and down for a while but based on company inside news and the prevailing economic status in China, I am predicting that forces that come from the bottom formation will be too strong to resist this time.

  • l
    lb
    lb
    Still have not received my dividend from fidelity. Looking for 250 more shares.
  • E
    Elliott
    Elliott

    For why the price rise, wee comments on this posting - https://seekingalpha.com/article/4098101-xinyuan-real-estate-sell

  • R
    RV
    RV
    22,000 shares in first three minutes of trading today!
  • R
    RV
    RV
    Was that buying into dips!
  • G
    George
    George
    As expected, price broke to the upside, get on the bus now and ride to area between $7 and $7.5 as a first target
  • R
    RV
    RV
    Volume was good again today
  • l
    lb
    lb
    Looks like 6.00 was the magic number for the skittish to sell off. Volume is still very high.
  • R
    RV
    RV
    George: I am holding on to every one of my shares!
  • l
    lb
    lb
    Something is up with all this volume.
  • s
    sshowman
    sshowman
    Yikes the pumpers with new ID's and 5 posts under their belt have arrived. All but one comment has been on Xin and one on CNTF. Anybody remember that little jewel? Well that one was even
    higher than Xin at it's high, and just as much a dog. In fact they had a reverse stock split of 1/5
    to keep em alive in '16.
    Now on to RV our long time poster who will tell you he is holding on to every one of his shares
    and then comes back later to brag about his selling price and the profits he made. As for his comment of Xin 'might be a takeover target'....re-read the article and think again. I must say
    that Xin are professionals at building up their land bank at the highest price they could pay when
    everyone knew China's property market was in eminent recession trouble. Another jet anyone?
    Maybe they can say we another one for hell's kitchen site to ferry our high rollers....sic
    now on to Elliott's post. Years ago I used to recommend his analysis of Xin as fairly unbiased.
    That was then and this is now......Seeking Alpha? Forget about it, another pumper's forum who have some difficulty getting their facts straight or choose to ignore the negative aspects.
    But hey ya'll pump this loser to that high water mark of (was it) $7, so the rest of us with any
    sense left can get the helllll out. TIA
  • l
    lb
    lb
    This has to be a massive purchase by an individual or a fund. Just tells me they know something I don't.