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Market cap 18M …enterprise value 1.5B!!!!
float 500k
it varies... look @ $TOP & $GDC they lasted days and daze
lets see if they gap this up early 4am-7am
also watch $VINO
same chit diffent play
How long does the game last generally?
they are mostly chit stocks, many from china
and because of reverse splits the floats are low, so its a game with hedge funds, AI trading algo robots and retail
they can easily push the stocks up lure retail in then short them back...
some gain interest and strength for some big moves
no fundamentals
no news
no catalyst
many have delisting notices
but the game continues
now the games have flowed over to low floats not just china ones
many bagholders get left in their wake
but if traded properly can make really solid gains
Thanks. Will take a look at the other tickers. Never heard of them before.
alerted in the $3's https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171831632&txt2find=xin
then shorted 7.62
FUUUUN WOOOOOOOOOH
XIN 8.69 after hours
see the madness
and on low volume
$TOP ran 6-$260
here are a few others>>>>>>>>
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171808358&txt2find=CHINA
oh yeah some crazy parabolic runners
there were so many its hard to count
one was +1500% on huge volume
Thanks. Wasn't aware. Is this the whole sector?
+70% on china low float pump theme
Interesting volume. People getting out or a MM play?
Not much left of that book value now. Less than $4.
Not a lot of buyers either today.
We'll see if dividends resume at some point. I'm betting it will.
But you won't get a dividend if they succeed.
BLOOM on 45th is a beautiful building in a beautiful location!
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
Book value $11.31. I wouldn't short it.
Legitimate pump.
Another cheap press release today.
I hope the stock drops below $1 on this.
The company should be punished for it.
XIN Great Real Estate Investment Nice Golf investment Watch; Chinese
from Hong Kong and China etc. buying up Point Roberts, WA
an investment of $475K+ may give them a greencard and immigration
rights needed to move in full time to stay and work in US -
(vs. Canada require about $2mil. + for immigration)
They bought the golf course, Marina and developed farms -
Ex.....
Bald Eagle Golf Club
Unlisted
555 views Jul 12, 2019
https://www.youtube.com/watch?v=pNYgIhD_RdU
Late April. They have 4 months.
When should we expect the 2021 20-F?
2020 20-F filed.
Numbers exactly in line with unaudited numbers from dec 30.
Net assets $ 1,025,903,162
Not sure what else we should be looking at.
I tried to get some information about what they are up to. But all they gave me was a generic no-no.
Bought a few more today in an attempt to get the share price up. But it just comes down again.
Breaking out.
A lot of my friends are buying
Here is the resumption progress of the Hong Kong subsidiary, Xinyuan Property Management Service (Cayman) Ltd.
From 31 December 2021
From what I can see, it should start trading soon again.
https://www1.hkexnews.hk/listedco/listconews/sehk/2021/1231/2021123101992.pdf
2015 560,232
2016 1,278,492
2017 1,200,222
2018 861,323
2019 744,040
2020 ?
2021 1,050,000
The Hong Kong listed subsidiary, Xinyuan Property Management Service (67.5% owned by XIN) is worth $99M. Or $1.80 per XIN ADS share.
Well, it's been halted since March 2021. But we've seen the numbers already up to June 2021 and they are pretty good. So I don't see why the pps should come down when it resumes trading in Hong Kong. It's only a P/E of 6.
So you get $1.80 for that subsidiary (which is only a fraction of XIN's total revenue, like < 10%) and you get the rest (which was not profitable in 2020) for free.
A typical case of where the sum of the parts is worth much less than the individual parts
I think my $3 target is a good one, for now. Until we see the 2021 results.
Any self-respecting hedge fund would be loading up with XIN stock and shorting the subsidiary in HK. But hey, they are not that smart in general
Of course it is hard to see in how much "trouble" XIN really is. But I think it will be ok.
Thanks for the numbers. I'll probably be nibbling during the year.