Analysts unhappy on the call with very high inventories and the companies inability to come even close to the original shipment guidance. Focussing on short term margin optimization seems a poor move as Renesola will lose plenty of market share which does not bode well for the future. Company is getting closer to lose relevance in the global solar market. Sell.
sure - gross margins look good at first look - company was profitable compared to expectations for a loss. Uneducated investors are bidding the stock up here. This will reverse during market hours especially given the fact that the stock is already up 25% going into earnings.
due to a reversal in the provision for doubtful accounts - shipment guidance is WAY below expectations and cash burn was a whopping $40 mln. All in all a disappointing quarter and an even more disappointing outlook as usual. Shorted in pre-market.
revenues came in far below expectations and NO guidance given in the press release - would expect management to guide revenues lower again tomorrow morning. Sell.
given the large upside for the quarter this would make a lot of sense - even worse the company is effectively guiding down for the full year as the large eps upside was not fully incorporated into the raised guidance. Would short the shares into any upside.
the stock won't go there again anytime soon - business is weak and will remain weak going into 2015. Would use the small short squeeze to get out of this dead money stock.
the margin expansion was due to selling from low priced inventory and major hedging gains which BOTH won't repeat for the current quarter. The company has proven several times that they are not able to take sustained advantages from movements in coffee prices.
12% interest rate, severe covenants, mortgaged the whole company, severe production issues at Mountain Pass, poor asps
a devastating call with analysts scratching their heads here - huge gain from after hours short
the usual blabla - he won't buy a single share and the shares will go lower - these days you don't have a business by slipping unwanted software to idio*s anymore
revenue guidance cut by a whopping 16% at the mid point. EBITDA guidance cut by 10%
while weak results and outlook were somewhat expected given the well known Google challenges the magnitude of the guidance cut is astonishing. For sure this will be a great call later today.
the call didn't go as management expected as analysts raised many questions about ar, gross margins, working capital needs and r&d costs so clearly I wouldn't expect too much excitement from the sell side today. Would expect the shares to end barely unchanged today and ENPH to announce a secondary offering pretty soon.
why - they got their shares for free or at least much less than the current share price - so why should they bother at all about the share price short term ? They can award themselves new shares at any time and be sure they will do so.
in the case of JVA there's no other way to value the company. As JVA has failed to show sustained profitability for many years now you can't use past quarter's eps numbers to extrapolate future earnings. And because the company is run solely by the Gordon brothers you can't sell the company either. Once they decide to retire JVA will close its doors. And finally there's no dividend left to calculate an annual return of investment for potential value investors. SELL.
the shares are still trading at almost 2x book value suggesting 50% more downside here - another quarter below expectations might finally bring the shares to the well deserved $3 level. After all JVA is nothing but a self-service outlet for the Gordon brothers with the exchange listing solely kept for the purpose of insider selling. Sell.
Uuuh - I have to apologize partly here - there is indeed a Goldman note out this afternoon calculating non-GAAP eps for the quarter at $0.18. But this is meaningless anyway as the company guided for Q3 revenues $53-57M v $62Me and FY14 R$262-270M v $282Me (prior 276-282M) -and expects lower net revenues per visit during 2H -