H******i 发帖数: 4704 | 1 should I sell now? or hold on to it? My cost is $4.75 | H******i 发帖数: 4704 | 2 股份回购,盘后暴涨,明天是否应该趁高出货?
China Ming Yang Wind Power Group Ltd Announces Share Repurchase Program
5:30pm EDT
China Ming Yang Wind Power Group Ltd announced that its Board of Directors
has approved a share repurchase program, effective immediately. Under the
program, Ming Yang is authorized to repurchase up to USD50 million worth of
issued and outstanding American Depositary Shares (ADSs) in the open market
or in negotiated transactions, from time to time, depending on market
conditions and other factors as well as subject to relevant rules under
Untied States securities regulations. The share repurchase program will be
funded by the Company's available working capital. As of June 30, 2011, the
Company had cash and cash equivalents of approximately USD265.6 million.
Second Quarter 2011 Financial Highlights:
•Total wind turbine generators ("WTGs") commissioned amounted to an
equivalent wind power projects output of 367.5MW, or 245 units of 1.5MW WTGs
, representing an increase of 34.6% compared to Q2 2010.
•Total revenue was RMB1,405.5 million (US$217.4 million), representing
an increase of 7.2% compared to Q2 2010.
•Gross profit was RMB267.2 million (US$41.3 million), representing an
increase of 7.3% compared to Q2 2010. Gross margin of 19% for Q2 2011 was
the same as in Q2 2010.
•Total comprehensive income for the period was RMB74.6 million (US$11.
5 million), a decrease of 54.1% compared to Q2 2010.
•Basic (and diluted) earnings per ordinary share were RMB0.67(US$0.10)
compared to basic (and diluted) earnings per ordinary share or RMB1.61 for
Q2 2010.
Recent Development
•On August 15 2011, Ming Yang announced a $50 million share repurchase
plan
•On August 4, 2011, the Company announced the signing of a strategic
cooperative agreement with China Three Gorges New Energy Corp. to jointly
develop offshore wind power in Guangdong.
•On July 25, 2011, the Company announced the signing of an off-shore
wind power engineering, procurement and construction ("EPC") project
contract with Guangdong Yudean Xuwen Wind Power Co., Ltd., a subsidiary of
Guangdong Yudean Group Co., Ltd. ("Yudean") for a 48MW offshore wind power
project in Zhanjiang, Guangdong, and the joining of alliance to develop
offshore wind power in Guangdong.
•On July 2011, MY 1.5Se WTG successfully passed low voltage ride
through "LVRT" testing. | H******i 发帖数: 4704 | 3 其实除了股票回购,该公司业绩并无亮点。大家需要谨慎从事,斟酌再三。 |
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