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China Automotive Systems Inc. Message Board

boninvester 59 posts  |  Last Activity: Apr 25, 2015 8:31 PM Member since: Jun 29, 2001
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  • Reply to

    Up nothing on 1.5GW deal, what a joke!!

    by jecarey77 Apr 25, 2015 2:55 AM
    boninvester boninvester Apr 25, 2015 8:31 PM Flag

    First quarter results and estimates going forward, will be announced mid-May in about three weeks.

    Sentiment: Strong Buy

  • Reply to

    That's what I'm talking about.

    by docscience130 Apr 20, 2015 7:23 AM
    boninvester boninvester Apr 21, 2015 2:01 PM Flag

    Doc has been talking about Hsol for the past almost five years, not so much about former H-Q-Cells which has been profitable the last two years; even with German production which ended Mar 01/15. .
    The contract says that the modules will come from Malaysia and So Korea fully automated and highly-efficient facilities. This means the Korean facilities will follow the Q-Cell production facility model in Malaysia , because they will be shipping the same product, not the lower margin Hsol China product. The Chinese plant finished its automation in Q4/15 and UPGRADED THEIR PRODUCTS.

    Sentiment: Strong Buy

  • Reply to

    Trading poorly Be Careful

    by shaw2.kind Apr 20, 2015 9:44 AM
    boninvester boninvester Apr 20, 2015 10:53 AM Flag

    You sound desperate and loose with the facts.

    Sentiment: Strong Buy

  • Reply to

    Doc, hhunsaker, street....m

    by jecarey77 Apr 17, 2015 5:23 PM
    boninvester boninvester Apr 19, 2015 4:31 PM Flag

    I didn't see alpha article, yes the Korean facility is mainly for domestic and some US production. I'm glad they have a small footprint in So Korea because of the crackpot running No Korea. US has always been a low percentage of sales but looking to gain market shares; have to sell where the margins are better. Malaysia is on line will be the main supplier for exports they added 204 MW in June 2014 are adding another 800 MW to be completed this year. China plant is the one responsible for the latest news release of a sale.

    Sentiment: Strong Buy

  • Reply to

    Doc, hhunsaker, street....m

    by jecarey77 Apr 17, 2015 5:23 PM
    boninvester boninvester Apr 18, 2015 9:53 PM Flag

    I don't like making predictions, this is a year where Hanwha is growing in So Korea, completion expected this quarter, Malaysia, completion end of year, partnership with US based partner [1366 TECHNOLOGIES] and promising new" Direct Wafer" tech is coming along, China plant now more efficient in production.
    Share price can rise on profitability alone, then increasing market share; with Hsol and Q-Cells now one company, that is a given with all world markets open to the HQCL combo. Like I said right from the beginning of merger proposal; people who were smart enough to buy, were buying two companies. Hsol alone was worth $2.62 the day they decided on price now add profitable Q-Cells to the mix and a double plus from there is definitely in the cards.

    Sentiment: Strong Buy

  • Reply to

    Doc, hhunsaker, street....m

    by jecarey77 Apr 17, 2015 5:23 PM
    boninvester boninvester Apr 17, 2015 11:46 PM Flag

    They just finished automation in Q4, they had a very high head count compared to Q-Cell, hope they reduced that by half. They had lower margin products, I think the new plant in So Korea was started this year and should be completed this quarter. I hope they build it on the Malaysian model, with fewer employees and higher margin modules and push downstream projects. ASP is down across the industry according to PV-INSIGHTS and sales are slow. I'm glad this is a building year til sales increase Hope marketing does its job, glad they kept Q-Cell for branding.

    Sentiment: Strong Buy

  • Reply to

    Doc, hhunsaker, street....m

    by jecarey77 Apr 17, 2015 5:23 PM
    boninvester boninvester Apr 17, 2015 9:32 PM Flag

    No, the (1.37) is RMB Korean currency (.22) US dollar this is for 2014. For 2013 it was (2.06) RMB or (.33) US a .11 CENT IMPROVEMENT for the year.
    Net revenues were $779.6 up $18 million year over year, gross margins up 1.4%, net margin down 5.5% gross profit up $12.3 million sold 185.2 more MW. THESE ARE ALL YEAR OVER YEAR, there are no quarterly metrics.

    Sentiment: Strong Buy

  • boninvester boninvester Apr 9, 2015 10:23 PM Flag

    Did you check the 1366 technologies site it is easy ? There is a third article there.

    Sentiment: Strong Buy

  • boninvester boninvester Apr 9, 2015 8:20 PM Flag

    If you check the article you will see at the 1366 technologies site or PV-TECH site you will find out they are having field tests ongoing. This isn't Hsol but Hqcl no lie it is at both these sites. There are none so blind, as those who will not see.

    Sentiment: Strong Buy

  • boninvester boninvester Apr 9, 2015 7:41 PM Flag

    Yes they had a stake from 2010,Then HQCL on March 05 15 committed to a long term strategic partnership with 1366 TECH to jointly advance the efficiency and quality of solar cells. They will collaborate on development and commercialization of 1366's proprietary technology which WILL find its way into HQCL.
    The reason I mentioned the article from PV-TECH today titled "China and Japan get interested in 1366 technologies Direct Wafer tech" is because they are making progress on the partnerships goals. It concerns Hqcl as well as 1366 Tech because they may be using the tech sooner than some think, that is the take away.
    The facts are they are more engaged since becoming HQCL. If you go to 1366technologies both articles will be in your face. I suggest it is well worth it. Good Luck

    Sentiment: Strong Buy

  • boninvester boninvester Apr 9, 2015 5:26 PM Flag

    They should have an early edge as they are partnering to develop the commercialization of the Direct Wafer with 1366 TEHC.. I think that is why they Hqcl took that US loan. according to article here on Yahoo they are a DROP IN replacement for 60% of the market, making it cheap to adapt, then wafers are half the cost to produce. It also says that have option to plan supply of Direct Wafers from 1366 Tech manufacturing facilities to Hqcl.
    The PV-TECH article says they have some field tests right now and doing a larger one. The article is on the left down a little on PV-TECH. As I said before, I would like for Hanwha Q-CELL to acquire 1366 Tech or get a huge chunk.

    Sentiment: Strong Buy

  • "1366 Technologies" is a company that Hqcl announced a strategic partnership with, here on Yahoo headlines, Mar/5/15; the article is on PV-TECH.

    Sentiment: Strong Buy

  • Reply to

    Hey HH ....

    by wingt422 Apr 8, 2015 2:07 PM
    boninvester boninvester Apr 8, 2015 8:55 PM Flag

    The European market is not the top market anymore, US market is growing but still a small percentage of sales and margins will increase with sales from Malaysia and So. KOREA being duty free. China will benefit from the Chinese plants being close to markets saving shipping also downstream projects that Hqcl will either keep for revenue or sell to utilities. Japan is the preferred market due to margins but that is coming down. In US they have OneRoof as a partner to install in US and Canada. They also have a partnership with US BASED "1366 Technologies " to commercialize proprietary " Direct Wafers" technology to be completed this year. This is a building year for Hqcl.

    Sentiment: Strong Buy

  • Reply to

    Hey HH ....

    by wingt422 Apr 8, 2015 2:07 PM
    boninvester boninvester Apr 8, 2015 3:12 PM Flag

    They still have the Hsol site which is good for research and of course the different products they produce. They will have to combine the sites somehow for the history and marketing the different products of the new combined company.

    Sentiment: Strong Buy

  • Reply to

    Hey HH ....

    by wingt422 Apr 8, 2015 2:07 PM
    boninvester boninvester Apr 8, 2015 3:00 PM Flag

    I think they must do the Hsol til end of 2014 as it existed. The first five weeks of 2015 Hsol was waiting for approval of merger, when do they start Hqcl, when did they recognize revenue etc. Have to do this right, can't come back a year from now and have to restate earnings all they way back to end of 2014 a very big negative. Q-4 shouldn't be a problem.

    Sentiment: Strong Buy

  • Reply to

    What is the earnings date for HQCL?

    by flush_with_cash Apr 6, 2015 11:22 AM
    boninvester boninvester Apr 8, 2015 1:35 PM Flag

    Rarely have I seen earnings release go beyond the following quarter. Hanwha is building a 230 mw module factory in So. Korea scheduled to go into production THIS quarter Q2 /15 should help boost guidance statement.

    Sentiment: Strong Buy

  • Reply to

    OT - JKS to set build plant in Malyasia

    by hhunsaker Apr 7, 2015 2:18 PM
    boninvester boninvester Apr 7, 2015 8:42 PM Flag

    Germany as of March 1st 2015 is no longer operating a factory, they will be R&D CENTER only, for H-Q-CELL. They completed an addition 204 mw in Malaysia last June and are currently adding more capacity 800 mw in Malaysia to be completed this year. They are adding another 230 mw in So Korea for Korean and US consumption. The tariffs are mainly for the US and EU markets. The China was very labor intensive, but they just finished the automation of that facility, hope they reduced head count dramatically.

    Sentiment: Strong Buy

  • Reply to

    OT - JKS to set build plant in Malyasia

    by hhunsaker Apr 7, 2015 2:18 PM
    boninvester boninvester Apr 7, 2015 7:05 PM Flag

    SolarWorld didn't make a specific filing asking for it, but strongly supports it. The change would target Hanwha which makes cells in Malaysia that are assembled into solar panels in China and shipped to its distribution and installation business in US.
    Under the US proposal, Hanwha's Malaysian-made cells may face a 43% tariff, which is more than many cells made in China, Byun US head of legal for Hanwha Solar. The company has started a last minute effort to get Commerce to step back, she said, For US installation business, it is no longer competitive to use our modules anymore.
    Haven't heard anymore since, but the threat is there, that is why I wanted expansion in Mexico, many are building factories in Malaysia making it the new Taiwan to avoid China.

    Sentiment: Strong Buy

  • Reply to

    OT - JKS to set build plant in Malyasia

    by hhunsaker Apr 7, 2015 2:18 PM
    boninvester boninvester Apr 7, 2015 4:35 PM Flag

    Bloomberg had an article Dec /9 /14 titled "Suppliers criticize proposed expansion of duties on Chinese solar panels" check it out.

    Sentiment: Strong Buy

  • Reply to

    most likely event is going private

    by sachsische Apr 6, 2015 12:51 PM
    boninvester boninvester Apr 6, 2015 2:30 PM Flag

    If a company owns 90% shares and above they can take over the company anytime without shareholder approval. Hanwha said they will sell some shares, trust them to do that. They are a holding company (share holders), they make money when they sell their shares at a profit. They have a strong incentive (790 million ADRs) to see H-Cell stock price rise before they sell.

    Sentiment: Strong Buy

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