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China Yuchai International Limited (CYD)

NYSE - NYSE Delayed Price. Currency in USD
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21.22+0.17 (+0.81%)
At close: 4:02PM EDT
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  • E
    Eric K
    Eric K
    Seems like the shake off is over. I wish you didn't get shaken off.
  • J
    Jason
    Jason
    special dividend announcement coming this fall? btw...CYD has already quietly gained over $2/share back from the dip a few weeks ago.
  • n
    nmauricer1
    nmauricer1
    death by a thousand cuts in progress.....
  • n
    nmauricer1
    nmauricer1
    Forget special div. BTW IMO this stock is being held back by the blatant daily price manipulation. Riding it up, then down. Daily!
  • n
    nmauricer1
    nmauricer1
    The latest announcement is difficult to understand. To the extent CYD is exiting the hotel business, it seems a plus.
  • K
    Kenna
    Kenna
    Back to reality... full year 2016 v. 1H17...
    EPS $1.86 v. 1.38
    Net revenue 2B v. 1.3B
    Gross profit 427m v. 247m
    Operating profit 139m v. 99m
    Engines sold 320,424 v 210,648
    Cash 584m v 727m (that's a lot of cash and msail wants some of it!)
  • b
    bud
    bud

    MicroCap News Alert: Startup - Clean Energy Technologies (CETY) buys General Electric “Heat Recovery Systems Division” and within 2 years achieves break-even with sales now set to soar and to be profitable.

    CETY announced today the launch of Pacific Rim Initiative with over 20 locations already identified by CETY and PPA power company authorities.

    Early orders likely to exceed $25 million in annuitized sales. 12 month target price $.25

    CETY/GE proprietary oil-free magnetic levitation turbine technology shatters the competition’s old oil-lubricated screw expander technologies.

    Company expects to up list to NASDAQ.

    CETY's implementation includes creative lease financing structure, that facilitates rapid adoption and ease of entry with long-term payment structure that allows the utility user to align its investment with actual energy and cost savings realized through use of Clean Cycle™ units," said Kam Mahdi, CEO of CETY.

    CETY being welcomed with red carpet to largest markets in the world in need of clean energy.

    https://finance.yahoo.com/news/clean-energy-technologies-cety-launches-131500960.html

    Clean Energy Technologies (CETY) Launches Pacific Rim Initiative
    COSTA MESA, Calif. , Aug. 15, 2017 Clean Energy Technologies, Inc. (OTC: CETY) announced that CETY officially launched its new campaign to deliver its energy solutions to Island Nations utilities at the ...
    finance.yahoo.com
  • R
    Rob
    Rob
    So it goes with CYD. As I have posted before, I have owned this stock for 10 years. It has always been like this, difficult to ever get any momentum going because the management of CYD 3rd tier in my opinion. These guys have never been able to put together any quarter over quarter growth with consistent to rising margins. They appear to be out of control with a pathetic sales operation. Other companies talk about their robust business in China and are able to deliver. CMI comes to mind. Not CYD. They are dead in the water. I was expecting the 2nd quarter to come in similar to the 1st quarter maybe $650M in sales, maybe $.80/share. So were others invested in the stock. We didn't get it. Not even close. They choked again and sent the stock reeling down. The management does not know how to manage costs and sales. They are really amateurs. The only thing going for CYD is the dividend, but they don't do that right either. It should be a quarterly payout to provide support for the stock. Roll all this ineptness together and you have a stock that only trades at 7 times earnings. That's it! It won't go higher because of the no growth of the sales, no control over margins, no reliable forecasts of the management, bad dividend policy. I am now glad I was able to sell some of my stock at higher prices. Wish I had sold more in the $21-22 range, but I wanted to see the 2nd quarter numbers thinking they would be good. Wrong again thinking CYD had there act together. So much for the sustainability of their business this year. Now it will likely be towards the end of the year before we see the price recover. And that will only be if CYD can capture the seasonal upturn in the business. Given the way they run things, there is no guarantee of that.

    This company is still too large a position in my portfolio, but I have been paring back.
  • L
    LO23IK
    LO23IK
    Q2 was a big disappointment and reading the CC transcript there is no reason to believe the unit volume gains in the HD market experienced from last September can be sustained much longer. It looks like July was another good month for the HD truck market but the YoY gains will start flattening out in the next month or two.

    I sold my whole position last week as I am looking for more dependable gains going forward. I wish all the longs well (Kenna, Nmauricer, Rob, Msail et al) and hope there is a strong finish to the year to underpin a good dividend for 2017.
  • L
    LO23IK
    LO23IK
    Heavy-duty truck sales up 89 percent in July: six factors behind the surge

    Sales of heavy-duty trucks in the traditional slack season of July surged 89 percent to 94,000 units, continuing surprisingly strong performance so far this year.
  • J
    Jason
    Jason
    Good day to add more. It may take a few months but it will be back higher than 22. These drops aren't unusual for cyd on the way up.
  • C
    Carol Chan
    Carol Chan
    Don't forget that we are getting $1.00 dividend a yr. At this price, the return is 6%. You cannot even get that on bond or bank stocks.
  • P
    PracticalWarlord
    PracticalWarlord
    Why the 20% shave today?
  • L
    LO23IK
    LO23IK
    Based on a preliminary review of the latest available consolidated management accounts
    of the Company, the board of directors (the “Board”) of the Company wishes to update the
    shareholders of the Company (the “Shareholders”) and potential investors that, the increase
    in the net profit attributable to the shareholders of the parent expected to be recorded by
    the Group for the six months ended 30 June 2017, as compared with that for the six months
    ended 30 June 2016, shall be adjusted from approximately 70% to 100% as stated in the
    Announcement to approximately 125% to 150%.
  • L
    LO23IK
    LO23IK
    Weichai upgraded guidance for H1 - 2017 dated 12/7/17

    See also earlier post

    Such amendment was mainly attributable to the higher than expected sales volume and sales
    income due to the continual increase in the sales of the Company’s main products for the six
    months ended 30 June 2017, which, in turn, was attributable to an improvement in the macroeconomic
    conditions and the heavy-truck industry as a whole.
  • E
    Eric K
    Eric K
    Good chance to add more. No-brain'er. The slide is due to:
    1. Disappointing report.
    2. Market slide.
    3. North Korea.

    All the three factors are psychological not substantial. The stock will go back and the fundamental is untouched.
  • C
    Carol Chan
    Carol Chan
    It is disappointing that there is a sequential drop of 10.5% in revenue with good first qtr report. Everybody was expecting a lot better report. It looks like the first qtr report is just a one time thing.
  • r
    rich
    rich
    Earning out, $0.48.
    Opex out quite a lot. Not impressed.
  • M
    Msail
    Msail
    During the Q and A session portion of the earnings call on Wednesday, I am submitting the following question to management. " In past conference calls you have indicated that you will not be repurchasing shares and that shareholders are better rewarded by dividends. In light of that statement, will you declare an extraordinary dividend with the excess cash that has been and continues to accumulate on the balance sheet?"

    Shareholders should note that one of the main reasons that CYD trades at less than book value ($28 per share) is that the cash (approximately $15 per share) earns very little return relative to other assets. By returning a substantial portion of the cash to its rightful owners, the return on equity and the return on assets is improved. What difference does that make? Today's analysts look closely at those figures when evaluating an investment. The higher those returns, the more likely the company will trade at a higher multiple. If CYD truly believes in enhancing shareholder value, they will declare a substantial extraordinary dividend.