youngliu1981

3 Comments

    • Interactive Q&A: Jing Lu, Investor Relations Director of China Housing and Land Development, Inc. (CHLN.OB) [view article]
      Hi Jing,

      A correction for my previous mistake. I understand that Baqiao will be your major profit maker this year as you mentioned previously. Then I come up with other questions besides previous ones.

      Will Baqiao be able to generate at least $14mm Net Income this year, if you assumed the sales of 24G and Junjing are flat in 2007? Besides, from an annoucement of Xi'an Land Exchange, I noticed that recently a residential land in Baqiao was sold at a price of $500,000/acre. Is it a good indication for your land price? Or will yours be much higher? And why?

      Well, together with the above comment, I may raise too many questions for you. I really appreciate your answers, and wish all the best to you and your company.

      MN       Jul 13 05:06 PM
    • Interactive Q&A: Jing Lu, Investor Relations Director of China Housing and Land Development, Inc. (CHLN.OB) [view article]
      Hi Jing, thanks for taking questions.

      After reading your previous replies, I am quite positive about the company. However, after finding out that the Net Income for 2007 1Q is $0.8mm, I couldn't help but wondering what you will do to hit the $16.3mm "Make-Good" target. As you mentioned before that the company is confident on achieving the target. Therefore, could you please say something about your 2Q performance and your 3Q and 4Q forecasts?

      Since 24G and Jujing Garden are your major profit makers in 2007, would you please talk about their sales? Till now, what are the sold-out percentage of residentials and commercials for 24G? And for Jujing Garden?

      Besides, what do you think about the future housing prices in Xi'an? I definitly think it will increase, but may not as much as Shenzhen and Shanghai. Do you have any expected growth range for Xi'an? And would you please compare CHLN's price growth with Xi'an's?

      Many thanks and good luck,

      MN       Jul 13 11:31 AM
    • Interactive Q&A: Jing Lu, Investor Relations Director of China Housing and Land Development, Inc. (CHLN.OB) [view article]
      Hi Jing, thanks for taking questions.

      1). Could you please talk about the competiton in Xi'an? What is CHLN's position? What is your unique advantage comparing to other comptitors? Are you concern about the entrance of competitors like Greenlands, Hutchison-Whampoa and etc.?
      2). What's CHLN's land reserve for future development? Will CHLN develop all of them or plan to sell some?
      3). What is the effect of the Chinese government's macroeconomic control on CHLN?

      Thank you,

      Angel       Jul 11 10:51 AM
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»