Xinyuan Real Estate (XIN)

China are yet to have a housing boom, outperform over the next 5years...

China real estate play, providing the expanding middle class housing.

Has been recently losing money, but with expanding china economy, housing prices will eventually come back

It's the sh**

China real estate - what's not to like.

china. real estate. chinese real estate.

Profit from the current real estate bubble in China...

Real Estate seems set to boom in the advancing China economy. Said to have good administration. Good recent history of advancing share value.

Chinese real estate play. Looks good!

Bought with real money in Oct 2008 and since then the stock price has doubled. Continues gaining strength and attracting institutional investors. Sky's the limit.

Its in real estate business in China. definitely growing.

Nowhere to go but up for patient investors.

No debt..... booming Chinese economy.... $2.27 per share.... I likes

hmmmmmmmmmmmm... chinese real estate.... hmmmmmmmmmmmm.... cheap cheap.....

Look for growth to slow through 4qtr 08 and 1qtr 09. Fastest growth rate in the world and as they say their not making any more land. They have plenty of cash and a leader in their industry. 10 bagger 2 years forward.

Bargain

We hear that China's growth is slowing...well it is BUT Housing will continue to be a basic need and this company is in the position to meed the demands

Today announced that its board of directors has authorized a $10 million share repurchase program, subject to approval by holders of a majority of the company's outstanding shares. "The Board's authorization of this share repurchase program reflects our continued confidence in the long-term growth prospects of our company and China's real estate industry. We are committed to increasing shareholder value and we believe that our ADSs are presently undervalued in the marketplace," said Mr. Yong Zhang, Xinyuan's chairman and chief executive officer.
After hitting its low, this is on its way up.

Currently, I live in China. Homes are typically purchased with 30% down. In my opinion, there is very little "artificial demand" created by easy money or leverage in the middle income housing market here. As a massive population shift is currently underway in China from rural to urban... housing demand is real, very large, growing fast, and difficult to stop. Ultimately, I am reasonably confident that this source of demand (internal Chinese population migration) is very much uncorrelated (in the long term) with other sources of return currently found in your portfolio, making XIN an ideal diversification addition. However, in the short term, all correlations converge to 1, as fear trumps any other emotion in times of crisis. This creates an opportunity for the disciplined contrarian investor who can now buy a fast growing, operationally profitable firm for price just above cash per share and expected earnings per share and well below book value... in one of the largest future markets in the world. Also, remember that Sam Zell (one of the most successful real estate investors in recent times) is a major equity investor in XIN and has already successfully implemented this "high turnover, assembly-line, middle-income real estate development" strategy before...Homex in Mexico and Gafisa in Brazil. Here is an old article that discusses both: http://www.reuters.com/article/companyNewsAndPR/idUSN2520346020070525. Finally, institutional coverage and investment is currently minimal, but as more money targets China in the future, XIN will surely receive more attention and investors. XIN has simply been pulled down recently, as anything related to China or Real Estate has been destroyed by the unwinding of the housing market bubble and China stock market bubble, but not all homebuilders are the same... and not all Chinese stocks are the same. For long term contrarian thinkers, XIN is a WIN at this price.