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Strategies & Market Trends : Value Investing
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To: MCsweet who wrote (48650)7/9/2012 7:11:48 PM
From: Paul Senior  Read Replies (1) of 78661
 
China stocks. Fwiw I'm still holding on to my losing position in PWRD. I've reentered XIN. I'm assuming the company is the real deal. Of course being a real-estate developer even in 2nd-tier cities, the company and/or potential investors may have issues with that.

1/3 of stated bv, p/e under 3, pays or paid a cash div. (per Yahoo)

P/e's at 3 have always been hard for me to resist. My record with them though is iffy. And so with XIN, I'll only chance a very few shares.

seekingalpha.com
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