Trina Solar - Die strahlende Perle
....Trina Solar can still beat expectations, says Nomura Securities. This is because Trina Solar raised its gross margin guidance from the mid-teens to 18-20%, even as the company lowered its shipment guidance. Here is analyst Nitin Kumar doing the numbers for us:
Prior to Trina’s latest update, we had expected 1Q14F external module sales of 725MW with margins of 16.2% (Trina’s original guidance: Shipments – 670~700MW; GM – midteens) for a net profit of USD17.4mn.
Based on the new guidance update, we now see external shipments of 567.5MW along with a 50MW project sale in China for a gross margin of 19.7% (Trina’s new guidance: Shipments – 540~570MW; GM – 18~20%). This translates into earnings of USD27.1mn for 1Q14F as per our estimates. Note: Lower shipments have a corresponding reduction in SG&A as shipping charges are included in SG&A.
Based on Nomura’s earnings estimates, Trina Solar currently trades at 7.9 times 2014 earnings and 0.9 times 2014 book. Nomura maintains a Buy rating on Trina with $22 price target. Trina closed at $12.06 yesterday and is scheduled to report its first-quarter earnings on May 27.
http://ir.trinasolar.com/...newsArticle&ID=1928659&highlight=
Kann mir nur recht sein ;)
Optionen
| Boardmail an "tibibi" |
Wertpapier: Trina Solar |
Sollte mir recht sein!!!
Optionen
| Boardmail an "deutsche_bank24" |
Wertpapier: Trina Solar |
Optionen
| Boardmail an "cango2011" |
Wertpapier: Trina Solar |
TSL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $86.0 million.
TSL has traded 729,531 shares today.
TSL is down 3.2% today.
TSL was up 8.3% yesterday. (na da isse ja nicht alleine)
TheStreet Quant Ratings rates Trina Solar as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.
.... This year, the market expects an improvement in earnings ($0.90 versus -$1.02).
The gross profit margin for TRINA SOLAR LTD is rather low; currently it is at 20.57%. Despite the low profit margin, it has increased significantly from the same period last year. Despite the mixed results of the gross profit margin, TSL's net profit margin of 5.95% is significantly lower than the industry average.
The debt-to-equity ratio of 1.16 is relatively high when compared with the industry average, suggesting a need for better debt level management. To add to this, TSL has a quick ratio of 0.60, this demonstrates the lack of ability of the company to cover short-term liquidity needs.
www.thestreet.com/story/12728140/1/...f-perilous-reversal-today.html?
KRÄHT AM MORGEN DER HAHN AUF DEM MIST, ÄNDERT SICH DAS WETTER, ODER ES BLEIBT WIE ES IST.
alles weitere ist schon längst bekannt.......................
auch kritisch wegen der höheren Verschuldung von Trina
Trina counts SolarCity, the leading US installer of rooftop PV systems, among its customers.
....Trina’s plan makes it the latest of China’s major solar panel makers to tap Western capital markets for much-needed new funding. Last month Yingli .... and CSIQ
offenbar gibt es nicht mehr die grosszügigen Kredite der PBOC
Solarcity hat bisher in grossem Umfang von Trina bezogen
...Trina Solar hat demnach American Depositary Shares (ADS) im Gesamtwert von 92,9 Mio. Dollar ausgegeben. Gleichzeitig hat das Photovoltaik-Unternehmen Wandelanleihen im Wert von 146,3 Mio. Dollar vergeben. Insgesamt spülten die beiden börslichen Finanzmaßnahmen somit rund 239,2 Mio. Dollar in die Kassen des chinesischen Solarmodul-Herstellers...
vorbörslich 1,77% plus
http://www.trinasolar.com/uk/about-us/newinfo_635.html
http://www.fool.com/investing/general/2014/06/26/...ciency-gains.aspx
Haben trotz der US Zölle eines der besten Vertriebsnetze in den USA. Nicht zuletzt dank der Kooperation mit Solarcity und ihrer 400 MW UP Pipeline in den USA!
Sehe hier gute 50% Kurspotential!