China Ming Yang Wind Power Group (MY)

[Snellco]

I have been a shareholder for 5 years. The company does almost nothing to communicate with shareholders. If you reread the q2 report you might feel(as I do) that this quarter will be profitable. My read is that pricing and volume turned up in 2012 ,and with the long lead times between order and commissioning (activation) , we are starting to see the pricing upturn in revenues and earnings.
I am still a bit troubled that earnings and revenue are so linear and that scale doesn't seem to benefit earnings.
Nobody really follows this stock since Merrill dropped coverage 2 years ago.
They report late and have conference calls at weird times. I have been on a call at 3:00am EST .the call is translated live in a very irregular fashion which adds to the surreal tone.
So, the last quarter had positive earnings, cash grew slightly and discussion suggested that this quarter would be an improvement. We will see.