Reading Time: 2 minutes I’m sorry being a flip-flopper here, because I was bullish on its stock until last Thursday. But like many things in life, I think sometimes it’s worthwhile to have a second look, this is especially true on investment. It’s no good to hold on a stock “no matter what”, or “fall in love with a stock or a company”,… Continue reading Found a Bug in Home Inns Rujia
Tag: HMIN
Home Inns and Alibaba update
Reading Time: < 1 minute I got some more Home Inns (HMIN) today. Nothing fundamental has changed at Home Inns, as I said in my previous post. Separately, Ma Yun, the big mouth at Alibaba, speaks again. We all know he likes to brag about how great will Alibaba become, but this time he is saying “China does not have a… Continue reading Home Inns and Alibaba update
Home Inns Q1 Results
Reading Time: 2 minutes Here are the results. I listened to Home Inns Q1 conference call (see the scripts here). Some of the positives: 1) Revenue growth 65% Year over Year. Profit did not follow because of foreign change loss, tax expense and share based compensation. Note the foreign exchange loss won’t be one time as they continue moving the IPO… Continue reading Home Inns Q1 Results
Mindray, Home Inns to Report Earnings
Reading Time: < 1 minute Mindray (meeting announcement): 8:00 PM on May 14, 2007 U.S. Eastern Time (8:00 AM on May 15, 2007 Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: Hong Kong: +852-3002-1672 US Toll Free: +1-866-271-6130 International: +1-617-213-8894 Passcode for all regions: Mindray Home Inns (meeting announcement): 9 PM on… Continue reading Mindray, Home Inns to Report Earnings
Why Companies Go Public?
Reading Time: 2 minutes This is a too big question. But I have thought this thing for quite a while, and want to share my thoughts. A few weeks ago I was watching the “Boss Town” program at China-CBN, the host posed this exact question to the founder of Qiao Xing (Nasdaq: XING), Mr. Wu Ruiling: why do you go… Continue reading Why Companies Go Public?
Check into Home Inns HMIN again
Reading Time: < 1 minute I bought some Home Inns (HMIN) again yesterday. Not surprisingly the stock dropped after I bought it, as things usually happen that way. But my time frame is from couple months to couple years, so I am not worried. The recent weakness of the stock is expected due to the new offerings and lock up expiration.… Continue reading Check into Home Inns HMIN again
07 First Quarter Review
Reading Time: < 1 minute The first quarter is behind us. Just like a public company reporting quarterly results and holding conference call, I am going to do a quick review of my little portfolio. This quarter is a quite rollercoaster for me, as it did for many investors. The Jan and Feb started fairly strong and at one time I… Continue reading 07 First Quarter Review
Xinhua Finance Media IPO Fiasco
Reading Time: < 1 minute Xinhua Finance Media Limited (XFML) did not turn out to be another Home Inns or New Oriental, at its IPO debut last Friday. Besides the difference of market sentiment then and now, I think the fundamental reason lies within the company and the business itself. First Xinhua Finance is in the media and advertising business. Note media industry is… Continue reading Xinhua Finance Media IPO Fiasco
Home Inns Stock HMIN Looks Scary
Reading Time: < 1 minute I mean the stock for the short term, not the hotel. They reported the Q4 2006 and full year results today. Here is the result. It’s good number, but again the current stock price is way ahead of curve. Going forward they are “going to beep up franchise hotels in Beijing and China”, translated in… Continue reading Home Inns Stock HMIN Looks Scary
Home Inns Mindray New Oriental
Reading Time: < 1 minute These days you need some faith to hold those relatively new Chinese IPOs. I only have Mindray (MR) at this time, but I have traded HMIN and EDU before. All three stocks dropped a lot from it highs in a week. I just want to summerize my observation after spending 2 days in Shanghai, this is in no… Continue reading Home Inns Mindray New Oriental