I was just trying not to let any one give wrong data Its nice to see some one who respects an honest opinion I own the stock and believe they are going to blow the numbers away China is doing everything it can for natural gas it will take several years befor nation wide usuage
So, if CMI 'more than doubled' its joint venture income (largely realized on increased volume in China and India), this bodes well for WPRT. If CMI's cut of the profit was $76 million, ours should be around the same, no?
When you start working the p/e ratio off of these kinds of earnings numbers, you can see that the pps has a lot of upside potential. Increasingly, I think the Climate Bill is less relevant to our bottom line. The worldwide market is clearly favoring the Nat Gas/heavy truck thesis.
In our financial statements and the MD&A we’ve got a product revenue by geographic regions chart that gives a bit of a breakdown. What you’ll see, Graham, is that this year as compared to last year there was a lot more international sales to Asia and the rest of the world so you can read Asia and the rest of the world is India and China, of course, right, those two. What’s happened with China is we export the engines to China, they go into Chinese buses and some of them make their way down to South America, and India it’s mostly the kits sales that we are also seeing some other activities as well in other parts of the world.
Graham Mattison, Lazard Capital So those tend to be the Bs as opposed to the ISL Gs? Elaine Wong, Chief Financial Officer
"So, if CMI 'more than doubled' its joint venture income (largely realized on increased volume in China and India), this bodes well for WPRT. If CMI's cut of the profit was $76 million, ours should be around the same, no?"
I meant to say "CMI's cut of the income" instead of "profit."
Is anyone listening to CMI's conference call? Someone needs to do it.