.....China Ming Yang just turned uglier 23.Januar
.....Like in Revolution Lighting's case, rising costs are eating into China Ming Yang's top line growth. Worse yet, management has no clue about when the company will expectedly break even. So investors practically have no way to assess where the company's headed to.
Bulls may be thriving on how China Ming Yang is rapidly gaining market share in the Chinese wind power market, but the company's global scene is nothing to write home about. Except for an order from India, it has little exposure to international markets. So if China slows down, China Ming Yang's growth could hit a wall. It looks dicey to me, and the shares could only get more volatile from here. Those with weak hearts should certainly stay away. www.fool.com/investing/general/2014/01/23/...ine-corporat.aspx
www.bloomberg.com/news/2013-09-08/...connections-smoothed.html
China has embarked on the greatest push for renewable energy the world has ever seen.
A key element involves more than doubling the number of wind turbines in the next six years.
Already the world's largest producer of wind power, China plans further massive increases.
From a current installed capacity of 75 gigawatts (GW), the aim is to achieve a staggering 200GW by 2020.
By contrast, the European Union countries together have just over 90GW of installed wind capacity..........
.....Like in Revolution Lighting's case, rising costs are eating into China Ming Yang's top line growth. Worse yet, management has no clue about when the company will expectedly break even. So investors practically have no way to assess where the company's headed to.
Bulls may be thriving on how China Ming Yang is rapidly gaining market share in the Chinese wind power market, but the company's global scene is nothing to write home about. Except for an order from India, it has little exposure to international markets. So if China slows down, China Ming Yang's growth could hit a wall. It looks dicey to me, and the shares could only get more volatile from here. Those with weak hearts should certainly stay away. www.fool.com/investing/general/2014/01/23/...ine-corporat.aspx
www.bloomberg.com/news/2013-09-08/...connections-smoothed.html
China has embarked on the greatest push for renewable energy the world has ever seen.
A key element involves more than doubling the number of wind turbines in the next six years.
Already the world's largest producer of wind power, China plans further massive increases.
From a current installed capacity of 75 gigawatts (GW), the aim is to achieve a staggering 200GW by 2020.
By contrast, the European Union countries together have just over 90GW of installed wind capacity..........
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