The World's Greatest Investing Community
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
The most undervalued stock on the NYSE. Trading at a P/E of 1.4, company is buying back shares, and has more than $5 cash per share, huge discount to book, earnings have been solid. Even if China Real estate slows this is a great buy, strong balance sheet, good management. Has paid and intends to keep paying a dividend, Big 4 Auditor, several years of clean financials. Years from now people will be scratching their heads in shock that it was ever this low.
Couldn't have said it any better!!
I saw a lot of similar posts cheering for SDTH, CCME, LTP as well ...
this stock keep going down since may/2010 when it traded around $4, since then almost all institutional investors are out. I was a believer also, but now I sense there is something wrong with XIN.
Federated Investors is out but Nomura recently bought over 1.5 million shares.
If you have done your homework you'd know by now XIN is very real. Buybacks & an announcement soon on the switch to a quarterly divy from yearly will get this superior company to book value quickly!!
I lived in China for the past 10y, just moved back last fall. Got on this one since March this year. Many of my friends were buying secondary city properties, with first hand expeience of speed of urbanization over there, I have confidence.