shorts one of the only 10% of the China microcap stocks that is 100% legit. He and another dufus posting on this board were also short YONGE wll below it's takeout price. By the way, tell him to stay out of my yard, last time he came around he gave my dog the clap.
is there any way the ITC won't get extended for another 5 years? It's not like the republicans have anything to gain by opposing it. Espciially when battling for the independents. Apposing the clean-air good-earth-mother that is Solar energy is like being against puppies peace and love. And won't the passing of the extention lead to a hudge across the board bump up for the whole industry?
Does anyone think there is a credible risk that the ITC doesn't get extented at the 30% rate. Even a 20% would likely be positive if it provides certainty for the next five years.
q2 not important, the full year guidance is.
According to that they will earn 3 dollars plus over the next two quarters. i.e if they earn 1.50 next quarter and the quarter after that, 52 vs 93 cents for q2 means nothing.
Or $6 eps annualized going forward. Based on the fact they can sell all they can produce for the next 18 months, and their magin guidance for the second half of the year, (Notice the jump up from the first half) $6 plus is where we stand--OR AM I MISSING SOMETHING. I may very well be. What negitive factor, if any am, am I missing.
I realize of course 2017 depends on the solar ITC situation which speaks for itself.
Look at their full year guidance and subtract first 6 months and you'll find 3.30 for second half of the year. Annualized that's 6 dollars plus. And guess what? They are completely sold out for 2015 and have hardly any available capacity for 2016. Thus we have a 6 dollar eps annualized run rate for the next 18 months. Back out the cash/working capital- minus debt and you have a 6 PE.
Couldn't quite make that out. Dubia facity is the golden goose as product sells for 12,000 tonne with higher margins, compared to $3,125 of Harbin.i.e 18500 tonne capcity equals 74,000 prodcution, and probably more in terms of profitabily to harbin or sichan.
back out the cash/working capital.
Let alone cash on hand exceeding market cap. It's lack of credibilty leaving the shareprice where it is. And this sudden nat gas thing raises even more suspicions. Who cares weather eps is 30 or 70 cents. IF you understand accounting you know their depletion expenses mean even an eps of 0 leaves tons of cashflow coming through the door. Share buy back is good news, not EPS per share.
Prorating number of locations gives company valuation of 2.7 billion or approx market cap for whole company. Yet china is growing faster than rest of the company. Therefore market cap or share price of company overvalued if china IPO only puts 900 million value for the fastest growing third of their locations.
the required amount for their takeover to go through.
They clearly don't turn down any Muni business. Since they are clearly going to do every deal out their, they should shut down their risk assessment/ finance department and just have a clerk with a rubber stamp.
issue more debt and keep chugging along. I mean if they sell a billion plus of new bonds, someone is buying that. And wouldn't the new debt be junior to the existing debt. And at the same time someone will be buying this and they seem to have a sophisticated understadning of the market. Just seems the blank never hits the fan
What is sad for shareholders is that due to the unmerited attacks the company will be taken private for a ridiculously low price. i.e $9 verses $25-30.
To be more specific it's MSPEA which means they have boots on the ground and experience in the area which makes them the elephant in the room in terms of credibilty and makes talks of a fraud a complete joke.
Private Equity Asia
Morgan Stanley Private Equity Asia is one of the leading private equity investors in Asia-Pacific, having invested in the region for over 20 years. Private Equity Asia invests primarily in highly structured minority investments and control buyouts in growth-oriented companies at attractive valuations. The experienced investment team is led by senior professionals with extensive industry relationships, in-depth market knowledge and the ability to apply international investment principles within each local context. Private Equity Asia has offices in Hong Kong, Beijing, Shanghai, Seoul, Tokyo, Mumbai and New York, and leverages the brand and unparalleled global network of Morgan Stanley to source investment intelligence and opportunities.
hey BSpixs. Might want to look at what happened to YONG and CHBT who were taken private. Alot of the H-town J's who were caught short yapped about the deals not being real, and the shareprices didn't go to the offer prices right away, but guess what. They were taken out for the offer price, just like this will be. Might want to do some math on the cash per share they have after the selling off a chunk of operations.
Considering the 40% growth rate and 4.83 EPS est for 2016 it seems there is very little risk to the downside. What am i missing.
Wrong. The full dilluted DOES take into account a $6.25 conv shares on the 100 mill convert. They just present it by treating the 16 mill shares as a minority interest and reduces income to common shareholders by the pro-rated amount. The result is the same as including 16 mill shares in a fully dilluted eps without reducing net income before hand.
While it's of course not a pure play, it seems such fees would make up a larger portion of business compared to the money center banks. Or is there a publically traded company that would be a better play on this, because m&a is going to be strong for awhile.
They will hit a $5 run rate at some point next year. Unfortunately MS asia will help them take this company private for chump change before the two new plants are fully ramped and printing money. Remember they will be able to take the company public again on a chinese exchange for 30-40 no problem.