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Re: realfast95 post# 8059

Friday, 05/16/2014 11:42:45 AM

Friday, May 16, 2014 11:42:45 AM

Post# of 10144
Re: XIN

They've got something weird going on with the tax rate. Offshore interest interest (from bond issues) can't be deducted from onshore income. On the cc they said they were working on a solution for this. At a normal tax rate of 25% 1Q EPS would have been $0.26.

Call was very strong with a lot of project detail. Clearly stated that they will continue buying back shares.
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