Ming Yang übertrifft Prognosen deutlich

bin gespannte wie die zahlen ausfallen morgen....

dann könnte es mal wieder kräftig nach oben drehen, wenn sie besser als erwartet kommen.  

 

werde ich nochmal kräftig nachlegen.....

kaufen, wenn die kanonen donnern..  

aus dem messagebord v.yahoo:
This has shakeout written all over it.

If you watch the trading, there is a short selling program on this morning. Every 4 seconds 200 shares sell. They have been at it since the opening.

I gotta give it to the shorters, they are brave! Would be nice to hear their thinking

hohe Shortingquote fällt http://www.nasdaq.com/symbol/my/short-interest  

Jemand noch eine Meinung dazu?

Mit Loss Stopp alte Posi absichern und weiter oben Kauf für den Einstieg, falls der Kurs bei guten Nachrichten springt?!

Wie geht ihr vor? 

 

messagebord:We are going to see shorts buying before the close.
Selling at 2.21 with half an hour to go. Shorts are not going to want to stay short with earnings tomorrow.

Man sollte auch sehen,dass alle chinesischen Solaris  negativ geschlossen haben  

http://blogs.barrons.com/emergingmarketsdaily/...e-risk-says-nomura/?

http://www.bloomberg.com/news/2013-11-18/...rge-into-bank-crisis.html  

Was sagt das uns? Vielleicht verstehe ich es dann auch? Guten Morgen!  

kommen denn die Zahlen ???  

Earnings Conference Call and Webcast to be Held on November 20, 2013 at 8:00 pm (Eastern) / 5:00 pm (Pacific) / November 21, 2013 9:00 am (China)

zumindest die Guidance und die Auftragslage sollten gut sein,die haben ja schon einen Auftrag für die neue 6MW,die zusammen mit der deutschen Aerospace entwickelt haben  

http://ir.mywind.com.cn/phoenix.zhtml?c=238508&p=irol-reportsOther  

der Markt sieht nicht gut aus. Ich denke, das ich wohl heute nachkaufen muss. Aber langfristig müsste hier wirklich was gehen. Ich bleib dabei und wenn nochmal billig wird dann wird richtig eingekauft.  

MY Reports Third Quarter 2013 Unaudited Results; Signs 296MW of New Orders during Quarter; Total New Orders for First Nine Months Exceeds 1.0GW
ZHONGSHAN, China, Nov. 20, 2013 /PRNewswire/ -- China Ming Yang Wind Power Group Limited ("Ming Yang" or the "Company") (NYSE: MY), a leading wind turbine manufacturer in China, today announced its unaudited financial results for the third quarter ended September 30, 2013.

Third Quarter 2013 Financial Highlights:

Total wind turbine generators ("WTGs") for which revenue was recognized amounted to an equivalent wind power project output of 290MW, or 136 units of 1.5MW WTGs and 43 units of 2.0MW WTGs, an increase of 27.2% compared to 228MW, or 152 units of 1.5MW WTGs inQ3 2012.
Total revenue was RMB960.8 million (US$157.0 million), an increase of 22.0% compared to RMB787.8 million in Q3 2012.
Gross profit was RMB126.5 million (US$20.7 million), a decrease of 7.8% compared to Q3 2012. Gross margin was 13.2% for Q3 2013, compared to 17.4% in Q3 2012. Gross margin attributable to WTG sales was 14.7% during the quarter, compared to 12.7% in Q3 2012.
Total comprehensive loss was RMB71.3 million (US$11.7million), compared to total comprehensive income of RMB4.9 million in Q3 2012.
Total comprehensive loss attributable to shareholders was RMB54.8 million (US$9.0 million), compared to total comprehensive income attributable to shareholders of RMB5.3 million in Q3 2012.
Basic and diluted loss per share was RMB0.43 (US$0.07), compared to basic and diluted earnings per share of RMB0.03 in Q3 2012.
Recent Developments
.......
http://ir.mywind.com.cn/...-newsArticle&ID=1878654&highlight=  

http://www.ariva.de/news/...r-First-Nine-Months-Exceeds-1-0GW-4852386
ich bin erstmal wieder draussen,ist ja eine gute Auftragslage aber erhöhter Verlust,die kriegt man billiger  

als sie als ADRs sich an der Nasdaq gelistet haben,um durch den Aktienverkauf an Gelder zu kommen
und im jetzigen Report tauchen auch einige Subsidiaries bzw associates auf,auf die ein hoher Anteil der Investments entfällt.Ich frage mich auch ,warum die seit Jahren keine Gewinne machen während die Aufträge zunehmen und verzögerte Fertigstellungen in diesem Quartal abgerechnet werden sollten

wie schreibt doch warehampunter so schön im Yahooboard:
The level of trade receivables hardly budged year-over-year. In the text accompanying the release they stated that provisions were made but were not explicit, so it is impossible to determine how serious they are in solving the problem. Profitless prosperity does come to mind. Another troubling aspect is the sharp increase in "associates" investment. Just who are these associates, are they insiders who can tap corporate coffers? One certainly can not tell from the information that was provided.
Until they "solve" the receivable issue, the stock will go nowhere, at least in my opinion. Why it had the sharp rise that it did, came as a surprise to me, and with the recent price action, the increase in price seemed premature.
A hold at best.
Very difficult to analyze and not made easier with the Cayman connection, always a concern


und zu der Caymanconnection kann man auch noch bemerken,dass es nicht gerade beruhigt inaudited Reports zu sehen,da lobe ich mir einige der Solaris die wie TSL Leute wie KMPG beschäftigen
Firmenbeschreibung von Hoover:
Operating through Guangdong Mingyang Wind Power Industry Group Co. and other China-based subsidiaries, the Cayman Islands holding company designs, manufactures, and services mainly 1.5 megawatt wind turbines, the most widely used model in China. Its customers include the five largest state-owned electric power producers, as well as regional power producers and private wind farm operators.

http://www.hoovers.com/company-information/cs/company-profil?
ist eigentlich schade um die hervorragend arbeitende Aerospace,die gerade eine 8MW Turbine entwickelt hat,speziell für Sturmgebiete mit 2 Propellern  

...Third-quarter revenue rose 22%, to $157.0 million, and the company lost $11.7 million, or $0.07 per share. Deliveries amounted to 290 MW, and orders taken in the quarter were 296 MW, meaning that growth will be harder to come by in the future.

Now what: At the end of the day, it doesn't look like growth is going to pick up significantly, and China Ming Yang Wind Power Group still isn't making a profit. It's also discouraging to see gross margin fall from 17.4% a year ago, to 13.2% last quarter. I'm definitely not buying this stock here, and don't know if the company will be able to swing to a profit any time soon.

http://www.fool.com/investing/general/2013/11/20/...tds-shares-d.aspx  

Ich denke aber das gestern kein schlechter Einstig gewesen ist.
Ganz unten einsteigen ist Glücksache. Aber mal sehen was die Amis heute machen.
 

...wieder raus, mit kleinem Schwund, hatte einen SL gesetzt. Bis ich das alles halbwegs verstanden habe, was die Company da treibt, bleibe ich erst mal draußen. Schade eigentlich - das Thema, die Branche bleiben ja hoch interessant.

 

9:45AM China Ming Yang Wind Power enters into 200MW EPC wind farm framework development agreement in Romania (MY) 1.93 +0.04 : Co announced its subsidiary, Guangdong Mingyang Wind Power Group Limited, has signed a framework agreement with Speranta & Succesul S.A., a renewable energy developer in Romania. The agreement covers wind farm development, supply of EPC services and equipment procurement of a 200MW wind farm project. The total level of investment for this wind farm project is approximately EUR400 million, and the project is expected to utilize Ming Yang's innovative 2.0MW large rotor diameter wind turbine generators ("WTGs"). It is reported to be the largest Chinese WTG export order to date, according to the relevant industry news in China.
http://finance.yahoo.com/marketupdate/inplay#my
 

so. sauber an der 200er abgeprallt. wie vorauszusehen war. klopft gerade von unten an die 100er. ich warte jetzt noch ab. wenn es direkt durch geht, geh ich rein. rechne aber mit kurzen abpraller um im zweiten anlauf drüber zu gehen. viel glück zusammen.  

...kein Mensch. Kaum ist man raus, gehts rauf - wahrscheinlich hilft da tatsächlich ein wenig Charttechnik, blöderweise bin ich da blank. Hätte aber Lust, wieder reinzugehen, wenn sich da mal was verstetigt.

@trenncost: Gebe doch mal Bescheid, wenn's soweit ist....:-)

 

Wobei man die vielen kritischen Infos über fehlende Transparenz etc. bei MY (@Kicky: wie immer danke!) auf keinen Fall übersehen sollte!!!

 

.. While one weak quarter may not say much about the company, the wind turbine maker's report revealed several yellow flags that should make investors cautious.

Losing wind
China Ming Yang reported a third-quarter loss of $11.7 million against a profit of $0.8 million a year ago, despite a 22% jump in revenue. It's clear that the company is having a tough time converting its incremental revenue into profits, which doesn't bode well for investors. China Ming Yang's costs shot up during the quarter, and it's critical to see what those cost components were.

As a company, China Ming Yang is pretty much in an investment phase right now. But had higher spending on research and development been the only contributing factor to the company's rising costs, investors could have remained optimistic. Unfortunately, its research and development expenses climbed only 19% year over year during the third quarter. Instead, a staggering 85% jump in transportation and selling charges, and another 40% increase in administrative expenses, were the major factors that drove China Ming Yang's profits down.

If the company doesn't tighten its grip on these operational expenses soon, profits will be hard to come by, and higher revenue will not matter. China Ming Yang's third-quarter gross margin also dipped four percentage points to 13.2% during the quarter, indicating management's weak control over costs.  

A lost cause?
When China Ming Yang will break even and turn profitable is anyone's guess, but the biggest concern is that management, too, seems clueless. During the earnings call, when an analyst wanted to know when the company expects to turn profitable, CFO Calvin Lau replied, "as a company policy, we don't actually give financial forecasts." That sounds ridiculous for an answer to a question that determines whether the company is even worth investing in.

Management highlighted the growth opportunities that the company has, but lack of vision may prevent it from tapping its full potential. As a company that deals in a renewable energy product, China Ming Yang has a huge opportunity to address the alarming pollution levels in the nation. The company also recently tied up with one of India's leading companies, Reliance Capital, to sell its wind turbine. That opens the doors to another high-potential market.

But as I said, all those opportunities may go waste if management doesn't start taking things seriously. Controlling costs and maintaining, if not expanding, margins are the first critical steps that China Ming Yang needs to take care of. Until I see the first signs of hope, I'll keep my hands off the volatile shares.
http://www.fool.com/investing/general/2013/11/26/...td-shares-cr.aspx

tja das mach ich auch und lass die unter Beobachtung  

für Aktien und fressen etwaige Gewinne aus, wie man sehr schön beim JASO Report beobachten konnte.Die Bank of America in Hongkong warnt
http://www.bloomberg.com/news/2013-12-02/...d-jump-china-credit.html?

dazu kommt eine Schwemme an IPOs,von denen man sich steigende Preise erhofft

.... China?s securities regulator said 50 companies will be ready for IPOs by the end of January as authorities prepare to lift a more than one-year ban on new listings.The resumption of China IPOs will spur fund rotation to the newcomers on hopes these will provide better returns...China, the world?s largest IPO market in 2010, with a record $71 billion raised, hasn?t had an initial public offering since October 2012 as the the nation?s securities regulator cracked down on fraud and misconduct among advisers and companies.
http://www.bloomberg.com/news/2013-12-02/...-chinese-shares-drop.html  

also rein charttechnisch ist jetzt genau der richtige zeitpunkt. kann zwar noch ein paar cent runter gehen. aber im bereich 1,50 sollte sie rein technisch wieder an der 100er abprallen. bisher macht sie zumindest alles lehrbuchmäßig.