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6 pts

Opinion on  Yingli Green Energy Holding Company Ltd. (YGE)     Sector: Technology  >  Industry: Semiconductors
Possible Short Term 40% Winner

May 14, 2008 08:32 PM GMT
Picconnor
Return Risk
+8.68% HIGH
Associate

EPS for 2008 est=  $6.50     P/E= 4

EPS for 2009 est=  $13.52    P/E= 2

Are you kidding me?  It is a Chinese Sloar play and is poised to go through the roof.  Do we not trust the Chinese financials that much...even if they earn one third of their estimations this stock is EXTREMELY under valued.  Look for this company to EXPLODE First Solar-esque!

I love it to $39 for a quick 44% but I'll hold half for a long term move.  If the move occurs I'll add to that postion for some BIG GAINS!

Yingli Green Energy Holding Company Limited and its subsidiaries engage in the design, development, marketing, manufacturing, installation, and sale of photovoltaic (PV) products. Its products include PV modules, integrated PV systems, multicrystalline polysilicon ingots and wafers, and PV cells. The company sells its PV modules under Yingli brand name primarily to installers, PV system integrators, property developers, distributors, and other value-added resellers principally in China, as well as in Germany, Spain, Italy, and the United States. It also sells PV systems to mobile communications service providers in China. The company was founded in 1998 and is headquartered in Baoding, the People's Republic of China


YGE:  This call was made on 05/14/08 @ $27.19
Rating:   Positive   $27.19 (05/14/08)
Gain/Loss:   -54.21% in 545 days
Target:   $39.00 (+43.44%) in Three months


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vtvick777    7 %     0 point   commented 515 days ago reply

True, if they earned one third of those estimations the stock would be extremely undervalued. Unfortunately those estimations are in Renminbi, or Chinese Yuan, not US Dollars. Since the Renminbi is currently trading at about 7 RMB/1 USD those estimations are more like $0.93 for 2008, and $1.93 for 2009. I still think Yingli is undervalued at those numbers though.


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