Adesai

E-House China: Regulations Raise Opportunity for Chinese Real Estate

I agree Runger,

I believ people had unattainable expectations for the earnings report. Although it was higher than expected, i think people were wanting and expecting the earning to blow the estimates away. Before the market opened it was at $18.30 but then it sharpely dropped after earnings release.

I listened to the whole earnings report and thier guidance is strong, however with the number of shares outstanding and sooner or later the housing market in china is going to reach a threshold. I dont see this stock going to $30+ anytime soon, as analyst predict.

E-House China: Regulations Raise Opportunity for Chinese Real Estate

Runger,

Lets hope your right. The earnings report comes out on May 15. I believe it will beat the estimates and take this stock to above the $20 range. Its been at $17-19 the whole last and this week. I think once the earnings comes out it will ignite the rockets.

In terms of the CEO buying some shares. Your right intuition tell me that, revenue for this years quarters were probably higher and beat the estimates hence the buying of millions of stocks. He obviously knows somethings we dont. Additionally with the summer olympics approaching in few months, I expect this real estate boom to be at its summit.

Let all cross our fingers and await the earnings report.

E-House China: Regulations Raise Opportunity for Chinese Real Estate

Although the govt is tightening regulation for real estate agency in China.. EJ continues to record unprescedented figures, the earnings has blown estimates out of the water. The stock has finally creeped up to $16.75 today. The stock is highly undervalued and its projected earning and growth of the company is continuing to increase. I believe the stock will hit the projected $35.00 by the summer olympics (which is several months).