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China Ming Yang Wind Power Group Limited Message Board

cbuehler075 237 posts  |  Last Activity: Aug 27, 2014 11:34 AM Member since: Mar 11, 2013
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  • cbuehler075@gmail.com cbuehler075 Aug 27, 2014 11:34 AM Flag

    Note: This was still a simple bing translation from a german discussion board about MY. Windpower is very popular in germany on the way to transform the energy system to a future-proof way after carbon time.

  • cbuehler075@gmail.com cbuehler075 Aug 27, 2014 11:31 AM Flag

    Questions part of analysts:

    Citibank: How has the price of 1.5 MW turbine developed.

    Answer: The price is versus. Increased by 5-8% and Mr Zhang expects that this trend continues. The profit margin for new orders of this type of system is specified with now over 6% - by the rising prices and the cost savings.

    Citibank. Installation volume in 2014

    Answer: MY will be 2014 quite busy in the second half of the production. The backlog is now 3.6 GW and the drivers of China's West, offshore, export and investor fund/leasing are just at the beginning, so that Mr Zhang is very confident, robust 2015 continues to grow.

    Bank of China: ask for the price in Q3 2014-08-27

    Reply by the CFO LAU: 4,000 to just under 4000 RMB/kW incl. value added tax.

    Bank of China: percentage of sales and administrative expenses in the second half of the year, because the analyst thinks, that they in Q2 were higher

    Reply by the CFO LAU: 10% in the second half of the year. (Note: I do not quite follow the analysts.) The increase is minimal compared to the Q2 2013 and through the usual duration of the project – this year plants from new orders are rather transported, but the completed installations occur significantly until the sales allocation - due)

    Sentiment: Strong Buy

  • cbuehler075@gmail.com cbuehler075 Aug 27, 2014 10:34 AM Flag

    MY in Q2:

    The margin is most of the newly approved contracts at 16, gross and net between 3% and 5%. MY actively seeks close contact to their customers, at an early stage to identify any problems which may otherwise any harmful impact on the flow of capital.

    End July 200 MY wind turbines were exposed to the strongest Typhoon since 41 years - and have it survived without damage.

    Further, MY strategy for the next 5-10 years is based on 4 pillars:
    O offshore wind power at first place
    O new business models in the field of wind power
    O product development
    O export

    In the offshore area, a memorandum of understanding in Guangdong Province signed over 1.2 GW of offshore projects, which should be realized in 3 years. The offshore Demonstationsprojekt with the Guangdong Province is proceeding as planned - the plants are manufactured and the installation will begin in September.

    MY kind of plans investment funds for wind turbines to win investor funds away from the big energy corporations as clients. This one wants to include leasing expand, i.e. the sale of wind turbines of leasing concepts, to the Tianjin Jinneng investment company was bought. As previously reported, MY further spurring includes O & M and EPC. The completed O & M jobs have exceeded the value of RMB 20 million, the first EPC project is located in the plan.

    In the export field, there has been the reported facility approved by Germanischer Lloyd. You can see on a lot of potential in India.

    In the export field, there has been the reported facility approved by Germanischer Lloyd. You can see on a lot of potential in India.

    Sentiment: Strong Buy

  • General location:

    Mr. Zhang is reported to be a Conference of the Central Planning Commission in June. Therefore the development of renewable energy including wind power will be forced in the next 5-year plan 2015 strongly.

    The National Energy Commission is already their focus heavily on the development of offshore wind power. A tariff was set in June first, which is a strong driver according to Mr Zhang. 44 Offshoreprojekten with a total of 10 GW capacity has resulted in the NEA talks. 30 GW target 2020 are offshore. This is a completely new market.

    In conversation, also binding targets for energy producers and energy consumers for the purchase of renewable energy are overlooking the surplus production.

    The market also continues in the current 5-year plan – in the first half of the year, there has been an increase of the wind power tenders by 40% to 11.5 GW. It is expected that this year are about 22-23 GW under construction. The construction of new power capacity is stronger than the investment annex which further relaxes the problem of lack of power supply.

    Sentiment: Strong Buy

  • Reply to

    Hold On! Shaking the Tree

    by vinpark Aug 25, 2014 3:03 PM
    cbuehler075@gmail.com cbuehler075 Aug 27, 2014 10:18 AM Flag

    Shortselling go heavently down before the q2-report. And now again full attack at this stock. But they must buy back till q3. And real investors know that the q2 is ever a weak quarter, but MY was in profits also in this normally weak quarter this year. So q3 will be very great. :-)))

    Who sold after these good q2-report a share is a very stupid investor. I make many 10.000 USD book loss in this week with the stock, but i didn't sell one share. I will buy much more. Great thank to all the shortsellers who give me such a good buy opportunity again in the next weeks.

    Sentiment: Strong Buy

  • Reply to

    What's up with the wind industry?

    by peopleclapping Aug 25, 2014 10:57 PM
    cbuehler075@gmail.com cbuehler075 Aug 26, 2014 9:10 AM Flag

    1) ? - Don't know what you mean. Wind installations came heavently down due to no grid contact. In 2010 only 66 % from the wind installations have had a grid connect. End 2013 84 % and in 2014 i think in the 90's area. Therefor now again new installations.
    2. POC.
    3. Comparision. Steel market in China. And onshore wind energy is the cheapest energy after water power - much cheaper than solar.

  • cbuehler075@gmail.com by cbuehler075 Aug 25, 2014 5:41 PM Flag

    We see an increase in revenues yoy from 74 %
    We see a strong increase from 11,3 Mio. USD loss to 1,9 Mio. USD profit. MY IS PROFITABEL also in a Q2 - normally a weak quarter
    We see a very very strong orderbook from 3,6 GW
    We see the highest percentage from the better profitable 2.0 MW turbines in the orderbook ever
    We see first time good incentives in Q2 for coming offshore windpower projects
    We see much less debts and a little higher cash position
    We hear very interesting points for further orders.

    Why buy this stock before the q2 report so high and sell it after such a good report in deep?

    Sentiment: Strong Buy

  • Reply to

    should I sell or hold MY stock

    by robshemanski Aug 25, 2014 11:46 AM
    cbuehler075@gmail.com cbuehler075 Aug 25, 2014 1:44 PM Flag

    For me: I'am today glad about the big improvements from q2 2013 to q2 2014. I know the seasonal difference between q2 and q3 and will not sell any share. I'am on the buy-side on weak days.

    Sentiment: Strong Buy

  • cbuehler075@gmail.com cbuehler075 Aug 25, 2014 1:28 PM Flag

    There is no problem. Please see, that we are at the big machine and project business. It's not a baker or so. That means that the companies in this business make now the orders from 2012 and 2013. New order from this year will be fulfilled in the years 2015, 2016, 2017ff.

    But this is the big advantage of this stock. You could see yet this year, that the future of this company is very good.

    Sentiment: Strong Buy

  • Reply to

    should I sell or hold MY stock

    by robshemanski Aug 25, 2014 11:46 AM
    cbuehler075@gmail.com cbuehler075 Aug 25, 2014 1:23 PM Flag

    Sell or hold? - The answer give you the answer on the question if you are a shorttime or a longtime investor,.

    On the shorttime - close today or close months - the share could fall. Or maybe not.

    But you must see that the q2 is a seasonal week quarter - see 2012 or 2013. And q3 is a seasonal strong quarter. So when you look to the q3 2014 earnings, then hold.

    And see the big improvements from q2 2013 to q2 2014 and then see the order book and the margin gains in the orders from 2014. See the new chinese offshore feed just given a few weeks ago. See the possible big step in india after the election. With a view to 2016ff. you will then see that the MY share is one of the best share you could buy. The future is with this stock - doubledigit share price is on the way. Is not a overaged business modell like a oil equipment supplier or so.

  • cbuehler075@gmail.com cbuehler075 Aug 25, 2014 11:12 AM Flag

    When you look at the halfyears results, than MY has now a P/E-ratio less than a half from Vestas, Gamesa and Nordex and a third from Goldwind.

    Windpower business is a longtime project business. So now MY work down the 2013 orders. But we have now a 3,6 GW orderbook. And prices for new orders are higher than in past due to better pricing in market and better order mix to 2.0 MW turbines.

    Revenues grow from 87,6 to 150,8 Mio. USD. Earnings are much better from a loss from 11,3 Mio. USD to a profit of 1,9 Mio. USD. MY ist still on the way back to profits in 2014 - as the management said in beginning of 2014. I think further MY is at these very low levels one of the best stock you could buy worldwide.

    Sentiment: Strong Buy

  • Reply to

    Earnings guesses?

    by amendoza Aug 20, 2014 12:58 PM
    cbuehler075@gmail.com cbuehler075 Aug 22, 2014 10:48 AM Flag

    Spectacular figues today from Goldwind:

    Xinjiang Goldwind Science & Technology Co. (2208), China’s biggest wind-turbine maker, said first-half profit more than tripled as it increased margins and won orders for new wind farms.

    Please read the news at bloomberg or on the page from Goldwind.

    Sentiment: Strong Buy

  • Inter alia 9 GW Windpower till 2032.

    To achieve this, Saudi Arabia looking to partner with China, which is the world’s biggest energy consumer and a leader in the manufacture of solar photovoltaic (PV) panels through companies like Trina.. China also has strong capability in wind power through turbine makers Goldwind, Guodian and Ming Yang.

  • cbuehler075@gmail.com cbuehler075 Aug 14, 2014 9:57 AM Flag

    Please see the market value from Vestas, Gamesa, Nordex, Goldwind or others competitiors!

    The equity value from MY is today 4,25 USD. Some of the competitiors has a 5time higher market value than their book value! The price-earning-ratio from Vestas, Gamesa, Nordex is over 30 - MY under 10!

    Because windpower is one of the most important industries worldwide - forget all the internet, cloud, mobile, shale gas or what ever stuff. So MY is extremly (!) undervalued - i expect a share price over 10 USD (this year).

  • Please read the news from yesterday at economictimes:

    NEW DELHI: The government plans to rapidly accelerate wind energy generation, adding an ambitious 10,000 MW every year, or five times the total new capacity that came up in the last fiscal, as the Modi government takes steps to reduce India's dependence on costly energy imports

    This is very important for the indian JV between MY and Reliance.

  • Reply to

    Critical situation

    by cbuehler075 Aug 7, 2014 4:50 PM
    cbuehler075@gmail.com cbuehler075 Aug 8, 2014 9:02 AM Flag

    In Germany this morning a share price under 2,50 USD. I bought again.

    O.K. - germany is nearer to the possible place for the beginning of the third world war. Equal if in Ukraine or in Irak. The USA are since yesterday in Irak war-partner against the horrible islam warriors.

  • cbuehler075@gmail.com by cbuehler075 Aug 7, 2014 4:50 PM Flag

    The share price is today under 2 euro. A critical situation because i think the most investors comes not from the US but from the european markets. Due to the fact that windpower is a much more important thing in europe than in US and the biggest international companies in the sector like Vestas, Siemens, Gamesa comes from Europe.

    And we must see that the world can be on the way to the third world-war. Russia maybe fall over next week the Ukraine. And from the Ukraine to the NATO-Neighbourlands Poland, Slowenia, Hungary or Romania is it a short way.

    Sentiment: Strong Sell

  • Not more many little 100 shares deals - 99.800 shares at high! Seems that big boys are in this stock.

    STRONGEST BUY EVER - You could not find a better share worldwide. See again todays news at bloomberg about more chinese action in the renewable energy sector.

    Sentiment: Strong Buy

  • Reply to

    Higher Tariff = Higher GP

    by marketbuy2002 Jul 27, 2014 11:23 PM
    cbuehler075@gmail.com cbuehler075 Aug 1, 2014 10:37 AM Flag

    Now i wouel say: STRONG BUY for Trina Solar.

    Market Value now under the Book Value.
    P/E now under 10.
    Big chances in China.
    Good chances for a higher market share and much more gain in the US due to the lowest duty of all.

    Sentiment: Strong Buy

  • Reply to

    Important news today

    by cbuehler075 Aug 1, 2014 6:40 AM
    cbuehler075@gmail.com cbuehler075 Aug 1, 2014 6:44 AM Flag

    Bought seconds ago here in europe for 2,70 USD. Never thought we would see with this strong turnaround in the company and the eye on earnings in 2014 such a deeply share price again.

    Sentiment: Strong Buy

MY
3.09+0.14(+4.75%)Aug 29 4:04 PMEDT

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