Weiye - A Good Steal?

This is the next s-chip to look out for.

Strong cash position at 7cts with good profit for 1st Q

TOP in 2013 [2 seems to be in Jun 13 with another 2 in later part of the yr] for a few projects in Henan and Hainan.

Price was beaten down from 7.5c earlier and price looks well supported with quiet acccumulation.

I started my accumulation as it seems like a good chance for it to goes up back to >7cts.

Good luck!

wow...I'm surprised!

Well done Gangho.

Oceangrace wrote: Well done Gangho.

Went away for a while and price went up so suddenly. Only managed to get 37 lots today...

1Q2013 gross profit was up 55.2% at Rmb 37.6m. There was an increase in development properties sales - higher gross floor area as well as higher average selling price for Hainan projects, namely Tunchang Oxygen Cube and Wanning Costa Rhine.

Eagle wrote: 1Q2013 gross profit was up 55.2% at Rmb 37.6m. There was an increase in development properties sales - higher gross floor area as well as higher average selling price for Hainan projects, namely Tunchang Oxygen Cube and Wanning Costa Rhine.

Hi Eagle,

I remember reading somewhere abt commercial project it plans to start. Do you have any info on that? Tks