No movement whatsoever. But I can feel it. This wants to take off. But no one seems to be following this company. I guess we need some good earnings in the next report or maybe another big contract from China or India. I plan to be patient.
MY reported operating income in q3, and they commented had it not for the one time items they would have been in black for q4 as well. like to see the trend continue in q1, with expanding margin, and a more positive tone about the wind energy market - Zhang normally does a good general market overview at cc, hopefully will be more specific this time. MY is clearly already in a uptrend and with these two, we should see 2.5 to 3 range, and then two more solid, profitable reports, it goes to 5.
European windpowerstocks today again with new record-levels since the beginning of 2013. F.e. Nordex now plus 87 %. Due to new products and big new orders from around the world. Of course without the US with their polluting fracking.
The company will make threetimes more revenues in 2013 than in 2012 and come back in operating profits already in Q1 2013. That ist not a dream - that's facts from the company last thursday. That should be growth enough.
European wind power stocks like Nordex, Vestas or Gamesa makes good moves up again today. The unchanged high shortage levels in some of this stocks let some american shortseller comes slowly in a dangerous situation.
Americans seems to be blind trough fracking-methods that bring cheap energy prices. But this isn't the world - this is only the USA, with damaged their environmental horrible.