... building on the BOTD China Real Estate Theme .... if you can't take the $HEAT $7.57 +0.77 (+11.32%) ... add an A/C unit!
Air pollution problems in CHINA!?? ... buy $HEAT on the "double bottom" DIP!
EARNINGS: 9 EST, in the AM. (if you are reading this they are probably already out, how is the stock reacting?)
p.s. no position. "if" earnings aren't a total disaster, let's BUY $HEAT for breakfast!
CHINA LONGS: $EJ, $CSIQ
7 comments:
WATCHLIST: SOHU , PUDA, LIWA, CSR
HEAT .. is on.
7.06
-0.51 (-6.74%)
Bot on the DIP!
SmartHeat, a Chinese company that makes temperature meters for residential and commercial buildings, said first-quarter income spiked due to strong government support of the industry.
"In 2010, the (Chinese) government has continued to maintain our energy saving sector as a strategic industry and continues to provide significant funding through government initiatives," CEO James Jun Wang said.
The company's earnings jumped 67 percent to $1.7 million, or 5 cents per share, from $1 million, or 4 cents per share, a year ago.
Revenue climbed 51 percent to $9.4 million.
Analysts, on average, expected 3 cents per share on revenue of $8.8 million, according to a Thomson Reuters poll.
SmartHeat Inc. shares rose 18 cents, or 2.4 percent, to $7.75 in premarket trading.
The company reaffirmed its previous forecast for the full year. It expects net income of $20 million to $22 million on revenue of $106 million to $116 million.
HEAT!!!!
7.50
+0.31 (4.31%)
added long HMIN @ $36
7.93
+0.58 (7.89%)
the HEAT is ON!!
BuyOnTheDip
8.07 +0.72 (+9.80%) .... hard stop at 7.94 >>>> $HEAT
May. 13 at 9:32 AM
The HEAT is off. 12%+++!!!!!
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