Replies to post #506456 on Zeev's Turnips Patch-No Politics (ZEEV)

[Hacktheripper]

It really needs to establish 60.00 as a base to become interesting in the new range

[Zeev Hed]

Earnings next week may do it? SNDK, response to HACK...

[was hotlinktuna]

Might watch JST 12.30 +1.20 Zeev...raised their guidance back in August and Chinese stocks are "hot"! In new 52wk high territory today but off from 12.75 HOD I see...got some: Jinpan International Limited Updates to Their Initial Forecasts for the Year 2006
Monday August 14, 12:05 pm ET


ENGLEWOOD CLIFFS, N.J., Aug. 14 /PRNewswire-FirstCall/ -- Jinpan International Limited (Amex: JST - News), updated their 2006 forecasts today. After the release of the first six months operation results, the Company revised its original estimate of 25 % to 30% sales growth to 50% sales growth for the year 2006. Net income is also forecasted to grow by 50% for the year 2006 revised from the 25% to 30% growth forecasted earlier.
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The reason for these revisions is two fold: Material costs for the transformer industry are still at historically high levels; however the company is able to raise the selling price to its customers. The other factor is associated with the expansion of the company's customer base which is expected to continue during 2006.

STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.




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Source: Jinpan International Limited