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15 Mistakes to Avoid while Investing in Stock MarketsĪll rights reserved. 10 Rules for Successful Long-Term Investing. Your Ultimate Guide to Penny Stock Investing. I may open a position in ZA over the next 72 hours.(Please do not use this option on a public machine) The current dividend yield of the company is 5.76% as of June 22, 2012.ĭisclaimer: Please refer to my standard disclaimer found here.ĭisclosure: I am long XIN. Last year the company issued an annual dividend, which it has only since increased as of this year after converting it to a quarterly payout schedule. It's also recently announced a $20 million buyback in light of its ongoing discounted valuation. The company recently finished its $10 million buyback which accounted for about 6% of the outstanding shares. One particular company that has continued to stand out to me as a viable investment in this niche space is Xinyuan Real Estate. To illustrate the ongoing risk of the small cap China sector, some recent names de-listed off of the NYSE were Duoyuan Global Water ( DGW), China Education Alliance ( OTC:CEAI), and China Mass Media Corp ( CMM). This industry has suffered a significant blow over the last two years which has discounted these names to the point where they qualify onto this particular list. JKS, LDK, SOL, STP, and TSL are all correlated to this particular market space. A large portion of the previous found names are related to the Chinese solar industry. All values were taken as of June 22, 2012. By no means is this a list of recommendations as much as it is a foundational base for ongoing due diligence. The following list compiles companies that continue to trade on the NYSE to date. While there were a few companies that were found fraudulent or perceived to be fraudulent that were also listed on the NYSE, the majority were found on the exchanges with less stringent requirements such as the NASDAQ and AMEX. For value and growth investors alike, these companies offer a nice picking ground for those who are able to correctly identify opportunity where others have failed to do so.
There is a real strong possibility that several (if not most) of these companies are like the babies being thrown out with the bathwater. However, it's difficult to believe that through the rampant distrust and fear that circulates throughout this sector that each of these companies are being valued appropriately. To date, there is no end in sight as to when they will once again be recognized on a similar level to their American counterparts. Small Cap Chinese companies continue to trade at severe discounts to their book values. The widespread Chinese scandal of early 2011, which was highly focused on the reverse mergers found on the NASDAQ and the AMEX, has continued to cast a negative sentiment across the board. While I believe this list to be exhaustive, I encourage users to share any additional names that I may have missed that fit this criteria in the comment section below. For the purposes of this article, I'm going to consider "Small Cap Chinese" companies to be any company that is based on the mainland or in Hong Kong that is currently trading below a market capitalization of $1 billion as of J.