they are pro sandbaggers clearly. but the $695 mil in new orders is i believe a new all time record. previously when they had orders almost that high, they followed with Revenue of about $610 mil for the quarter if remember correctly. In Q4 orders were $577 and we then saw $564 in revenue. There will be some kind of seasonal lull in Q3 as there always seems to be but i doubt it will be much lower then Q1 was but probably will have to be lower then Q2.
SNHY's earnings are very good after the close today which gives me even more confidence that SHS will be sequentially up.
I think with MGMT bending over backwards to be conservative, some longs got scared out. But they do this every quarter and then they kill the quarter and act surprised.
SHS will consolidate for a little while and then drift higher again and then im still hoping that Danfoss A/S makes another attempt to buyout the minority shareholders. I think MGMT wont fight them now that the stock is up. If i was Danfoss A/S i think it would be logical to pay $85 per share cash. That would be a full valuation for SHS at this point but since they already own 75% of the outstanding stock, its not going to cost them a lot to buy the rest. Once they have it, they will have direct access to all the cashflow of SHS which is very substantial right now.