i think it\'s a good set of results. with china\'s property prices getting stronger, i believe china new town does have inventory that is appreciating in value. what do u guys say?
China New Town top volume already in 10 minutes. Any news? Only thing i can guess is auction of land parcel coming. The Disneyland in Shanghai will be built near China New Town\'s land holding. Now, prices are going up - obv cos cash rich property developers want to plan for future when Disney is in town.
I think I will bet on this stock instead of my non moving macarthurcook security fund bought at 0.015 and now trading at 0.0125 after some 5 months already.
The management is showing commitment! Company bought 10 m shares at 14 cents a share today. Like that, the market will take the stock more seriously. I hope the share buyback continues, and the stock will get a good chance to rise to its intrinsic value. 14 cents is way too cheap! What do you all think?