would not be surprised if gazprom is speeding up orders from IMW as we speak. They are not idiots either. clne may see a profitable quarter in q1 or q2 due to IMW sales in China, Russia, and US -- all those CNG stations, where do they get their compressors if not from the best?
Russia and China (buyer of Russia gas) would be swimming in a sea of excess natural gas. India too, as they will likely not shut off their economy from Russia. Gazprom would need another revenue stream, desperately. China needs nat gas trucks to reduce pollution and their trucks are far worse than ours. India is desperate for more energy in general, constant brown outs and lack energy in the rural areas. This adds up to huge IMW (clne) and Westport Weichai and Westport Tata sales.
“China’s major default risks stem from the explosive credit growth into infrastructure, real estate and mining projects that failed to deliver returns,” said Wee-Khoon Chong, Singapore-based head of rates strategy Asia ex-Japan at Nomura Holdings Inc. “We expect more defaults in corporate or local government notes this year, but we do not expect them to lead to a systemic disruption of the financial system.”
that's from bloomberg story today. Defaults are normal to any financial system. The fact that defaults are making "news" in China indicates the incredible economic progress the nation has made.
We may see a bit of a short squeeze today -- do they really want to hold this over the weekend when one news piece will send this stock flying -- it could be good news from Ukraine (like, things just calm some) or from JKS (new project, project sold, etc.) or from solar policy.
Just glanced at HSOL earnings. Looking forward, JKS is by far the cheapest solar stock. Cheaper than CSIQ, cheaper than SPWR.
SCTY is way, way overpriced. JKS is far cheaper than TSL, as far as I can tell from their projections.
Cheaper than SUNE and YGE? Unclear, as they have no profits in Q4 and I have trouble figuring their future earnings. But if you look at Yahoo, JKS is cheaper.
perfect storm has brought the stock down to rock bottom, and on only one million shares traded. Most likely panic-stricken investors selling to those happy to buy but not wanting buy too much and push it up yet. Some entities I am very sure are happy to accumulate some 100,000 shares here.
Do you know what happens when the CCP makes something their top priority? The GDP growth does not matter -- even if there is contraction, there will be plenty of resources devoted to fighting a war on pollution.
How to get 7.00 in earnings? JKS earned 1.36 in Q4. With new capacity and solid ASP and one project sale, it makes 1.50 in Q1. With capacity fully operational, cost reductions as a result and increased sales as a result, it makes 1.75 in both Q2 and Q3. Q4, more project sales and the ownership of projects kicks in with electricity sales to grid, so that's 2.00 per share. Total 7.00 in earnings for 2014. What p/e do you give it? At that point it must be 15 at least. 105 stock price.
major cost reductions coming, from the expansion of wafer capacity. Ingot capacity. Dam. How much cheaper can they make solar electricity? Their margins will get even bigger. Also from IPO, finance of solar projects will get substantially cheaper. More margin expansion. Already at 60 percent on projects! Where will it go?
Think about it (read my previous msgs). You want to sell out on a possible triple because the stock's been brought down from 36 to 33.90 on 4.5 million shares exchanged, many of them shorts looking for a quick buck.
Let's look at another scenario. It makes 6.00 in 2014, with a p/e ratio of 15. That is not unrealistic. I am talking non-GAAP, which is what every other company is judged by, but Yahoo wants to list their GAAP numbers. And p/e of 15 for the top margins in the industry is cheap! Plus amongst lowest costs and top-tier efficiency and market leader in largest market, China. 15 or 20 p/e is not out of the question. And 7.00 earnings is also not out of question. That givest us a range of 90 to 140 in stock price.
Have not seen GS update their 4 dollar price target on TSL. TSL, a solar co, is now well over 17. So, do the math on GS's 35 price target on JKS. Multiply by 4.