Yeah, except that the stock could be worth 24 in a couple of years. If ng truck sales steadily increase, 7000 this year, 15,000 next year, you are looking at how many tens of thousands in a few years? Each truck consuming far more than those sanitation trucks. The market is 25 billion gallons for long haul trucking. A 4% share of that is one billion gallons. That's more than 400% of current sales. Plus you add the 300 million gallons from the "core" business, plus add the IMW sales, plus LNG shipments, plus "Redeem" which by that time will have likely at LEAST a couple dozen plants. 1.3 billion gallons plus their other businesses. About 6 times current gallons sold plus all the other expanded stuff.
Why would one sell out for 18 per share?
kaiser, any truck sales number that was not disastrous I see as a positive for CLNE stock price, which is well below when they were far from being a solid, profitable company. That is inevitable now, with continued solid ng truck sales in the usa.
sorry for all the posts, but this is huge news for the entire industry. REmember when JKS made well over 1 dollar per quarter in those two quarters where they sold a number of MWs of solar projects -- probably totaled 100 MW . JKS will likely be building 200 MW at least, each quarter for Q2 to Q4 to meet their goals. Up until Q2, they had built some 200 plus MW total, ever.
If they built only 100 MW in Q2, then its 250 MW each for Q3 and 4. That is more each quarter than they built in Q2 2013 to Q1 2014, in which time they made about $4.00 in earnings.
Two quarters in which each quarter they earned well over 1.00 dollar. And they will be building probably more each quarter in H2 of 2014 than they did in 2012 to 2013.
Remember that when they sold a relatively small number of MWs in solar projects, they had 2 quarters in which their earnings were over 1 dollar.
look at the title of that section. It does not say revenues or gain or loss of that JV. It has to do with some other matter. I saw the dash too.
Non-Gaap earnings. Yahoo lists Non-Gaap earnings for most companies but not for JKS.
Non-Gaap, JKS earned over $4.00 in the last four quarters. Check the press releases.
July 15, short interest about the same number of shares, but days to cover reduced to 11 or so. But I was surprised that there are only five days now before earnings. Why do they give us such short notice? Anyhow, I expect a million or more short shares to cover, but then many will get replaced by more shorters trying to play the ER. I seem to recall 22.00 as being a resistance level on the upside. I think we need a really lousy backtrack to break below 16. We'd need to see some of these OEMs break their contract or Russia withdraw from working with Westport.
Kaiser, you actually post useful and truthful stuff unlike some others here who seem to be hired bashers or just short. The "days to cover" is now almost 16. Do you think that even a couple million shares will cover before the earnings on Aug 7? I am doubtful. It will be interesting to see what happens. There is a chance that IMW lumpiness will cause a lump in the earnings. Maybe a major upside surprise. If not, I expect the stock to idle between 11 and 12 as unsubsidized clne loses less in q2 than in q1, but still beating estimates. More pr's in the next couple of weeks.
can't understand your sentences, but the news story said clne bought the land. owns the station. see ngt news story; the most informative site I have found.
kaiser, people seem to forget the bottom line. CLNE is closer and closer to unsubsidized profits with each quarter, and this year there has been an acceleration of gallons accumulated under contract. If they do 25% increase as they say, and just part of the IMW contracts come to fruition, profitable, easy.
I missed it! Can you post some highlights? Whatever the case, I believe this is a good place to cover shorts. 10.34