Replies to post #11857 on Savvy Trades and Investments

[2morrowsGains]

MY..."the Company is still in progress of completing the purchase price allocation of the acquisition of RENergy. Accordingly, the Company has not revised its previously announced estimated net income.

If I'm understanding things right, the REnergy #'s are not included in the Q3 estimates and they're estimating $0.12 to $0.13 EPS for Q3. So w/ the acquisition it should be more. And 2016 looks more and more like it will be an eye-opener.
$2.50 looks hugely undervalued (IMO).

Not sure why Ming Yangs stock price pulled back yesterday on these earnings. May of been knee-jerk reaction. Time will tell.
BTW, institutional holdings went up a pretty good clip also...
http://www.nasdaq.com/symbol/my/institutional-holdings

[2morrowsGains]

MY...Global Wind Energy Market Is Growing at CAGR of 9.79% During 2015

Deerfield Beach, FL -- (SBWIRE) -- 09/08/2015 -- The Global Wind Energy market is estimated to be $142.7 billion in 2014 growing at a CAGR of 9.79% to reach $301.3 billion by the year 2022. Wind energy market is expected to drive the market place over next decade due to estimated growth in energy demand. The factors influencing the market growth include environmental friendly and less operating costs. High initial cost is the factor restricting the growth of the market. The offshore market is expected to be the largest market segment.

Global Wind Energy market is segregated by Type, by Turbine material, by Component and by Geography. Based on Type, the market is segmented into offshore and onshore. Based on Turbine material, the market is categorized into Aluminium, Steel and Copper. Based on Components, the market is classified into Generator, Blades, Rotor and Gear-Box. By geography, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific has the largest market for onshore Wind Energy market and expected to cotinue the steady pace till 2022, followed by Rest of the World.

The Key players in the Wind Energy market include Vestas Wind Systems A/S, GE Energy, Gamesa Corporation Technologica, Suzlon Energy Ltd., Guodian United Power Technology Co., Ltd., ENERCON GMBH, Siemens Wind Power A/S, China Mingyang Wind Power Group Ltd., and Sinovel Wind Co.Ltd.

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http://www.sbwire.com/press-releases/global-wind-energy-market-is-growing-at-cagr-of-979-during-2015-623090.htm

[2morrowsGains]

MY...News released today regarding Ming Yang's offshore wind projects...

(On a side note...I still think MY will be a huge gainer over the next couple years. Todays news tells me all is (more than likely) going well with offshore testing)

Guangdong Keen orders two wind turbine installation platforms at Huangpu Wenchong

SEPTEMBER 21ST, 2015

Guandong Keen Offshore Engineering (KOE) has announced that it has signed contracts with CSSC-affiliated Huangpu Wenchong Shipyard for the construction of one jack-up wind turbine installation platform with a further additional option.

The price for the initial platform is RMB270m ($42.2m). It will be delivered to Mingyang Wind Power for its offshore projects upon delivery in the first half of 2017.

KOE said the platforms will support the company’s development in the emerging wind power installation market in the next FIVE YEARS.

KOE is an equipment and service provider in the offshore oil & gas and windpower sectors.
http://splash247.com/guangdong-keen-orders-two-wind-turbine-installation-platforms-at-huangpu-wenchong/