Wednesday, February 24, 2010

TSL ER was a BEAT on EPS & Sales....NICE !!!!

TSL Q4 consensus was following :

Sales $283.52 Million

EPS 60 cents

TSL ACTUAL is :

Sales $313.3 Million BEAT by $29.78 million or +10.50%

EPS 74 cents BEAT by 14 cents or +23.33%

Gross Margin 32.6% vs guidance of 25% to 27%

Guidance Q1 180 to 190 MW vs Q4 of 164 MW ,sequential increase of 21MW or +12.8% ..Margin 26% to 28%..

Full year 2010 guidance 750 MW to 800 MW vs 2009 ACTUAL of 399 MW....guiding almost +100% Y/Y.....

Frankfurt trading showing UP 4.33%...close 16.87 euros BID 17.40 euros..ASK 17.60

US ASK is $24.15

Should be a very good day for TSL once real bid & ask comes through...Although Futures are lower DOW <72>,S&P <11> Nasdaq <16>

BLOG does NOT give buy or sell.

Saleem

2 comments:

Michael said...

Saleem,

What's wrong with TSL? Is there any hidden news? I thought TSL executed flawlessly. Thanks.

Michael

Stocks100 said...

Hi Michael,

There is selling in TSL..because it did not go up....some funds sell on TAPE action.....

I have a feeling that we may go below $22..before it turns UP....

Volume is heavy already..almost 4.1 million..average volume is 3.2 million for whole day....

Execution is NOT the issue....its technical selling...

Saleem