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  • XIN, A Company Just Can't Be Trusted.  [View instapost]
    Any points for this?
    Jan 2, 2013. 03:37 AM | Likes Like |Link to Comment
  • China's Real Estate Industry - A Beach Ball Being Held Under Water?  [View article]
    I agree all of you guys above points. But xin is still a good buy if it's financials are real without fraud. China's house price is absolutely at high level now compares to average income, but it will not crash soon as gov. can easily control it. For xin, it's strategy of hold no land bank and high asset turn over will work fine for current situation in RE environment in China. And it seems have good relationship with the land supplier--Chinese Gov. It's D/E is low, so financial risk is low.
    And Tier II cities will benifit more for continuing urbanization. And high speed railway will also provide support for the house price in Zhengzhou, which is the key city for xin.
    Dec 30, 2012. 11:26 AM | Likes Like |Link to Comment
  • Freddie Mac And Fannie Mae Report Excellent Earnings  [View article]
    both fnma and fmcc are good bets. If you believe, if helps a lot for your wealth, if not, don't even try.
    Aug 11, 2012. 10:31 AM | 1 Like Like |Link to Comment
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