Hansen Tran. Share Discussion Threads

[masurenguy] 29/7/2009 06:45

It doesn't look like a profit warning - it is a profit warning - with Q1 EBIT down from £15.2m profit last year to a loss of £2.1m this year !

[robson1974] 29/7/2009 06:34

looks like a profit warning?

[praipus] 20/5/2009 17:29

Also may be worth looking at the Investment Trust Ecofin, (ECWO,ECWS) theyve got 10% of their £580M fund allocated to Hansen. Theyve also just listed subcription shares a bit like warrants ECWS highly geared!!!

[praipus] 20/5/2009 17:22

Cracking good price thepinkpanther what helped you in your decision to buy then?

[thepinkpanther] 26/3/2009 13:59

got in @ 80p............

[abc125] 18/3/2009 22:41

HSN reaching all time lows, worth a punt now? Alternative energy should be a hot sector.

Any one know what impact he parent company problems are having?

[abc125] 18/3/2009 22:41

HSN reaching all time lows, worth a punt now? Alternative energy should be a hot sector.

Any one know what impact he parent company problems are having?

[bigboyo] 23/10/2008 14:41

Parent company issues is screwing the share price ---

Suzlon has picked up another 22.48% stake in REpower Systems, earlier held by Martifer, for 270 million euros. This has taken Suzlon's stake in the company to around 90%, and is line with intentions expressed by the management earlier.

REpower has reported a healthy set of numbers for Q1FY09, with revenues of €232mn (up 126%) and a PBIT of 4.4% with an order backlog of €1.6bn (up 80%). REpower's management, says an ENAM report, has maintained its FY09 guidance - revenue of € 1.1bn and 5.5-6.5% EBIT margins.

However, while Suzlon has a controlling stake in a global major, analysts have concerns over the order backlog of the aforementioned company itself. Over the past quarters, Suzlon's global peers like Vestas and Nordex, among others, have reported 40-80% increase in their order book. However, Suzlon's order book over the last couple of quarters has declined. Analysts at ENAM reckon that that it could be due to recent events such as its blade cracking (Edison) and lower plant availability (Deere).

While the management at Suzlon says that it is in negotiation for large orders, experts reckon that its clients might be waiting for Suzlon to complete the root cause analysis for cracks. There have been no inflows from the US since the order cancellation by Edison in March 2008 due to blade cracking. There were media reports that wind turbines supplied to Deree & Co were not achieving the 95% availability due to incompatibility.

Edison has mentioned that though they were happy with the technical and financial support provided by Suzlon for the project, it had elected not to purchase the balance 315MW as Suzlon is yet completed the root cause analysis. Importantly, it placed the order for these turbines with GE, to be delivered in 2010. This is a concern. At the moment analysts await the visibility of orders to take a positive call on the company.

-Contributed by Akash Joshi

[shoee62] 20/6/2008 07:14

Made new highs recently with some volume, does't seem to be much interest in it on here which is unusual for a new 52 week high stock

[wassapper] 30/5/2008 13:30

This is more like it. A three bagger over the next few years. One to tuck away and forget.

[wassapper] 19/5/2008 12:37

And the market seesm to agree with you imab.

[imabastard] 19/5/2008 10:20

Wassapper .... agree .... great results .... like the emerging China and India connections too ....

[wassapper] 19/5/2008 07:33

Excellent results today. 50% revenue growth in FY to Mar 2009 targetted. And thereafter.

[wassapper] 11/12/2007 08:12

It's been listed about a week. Conditional dealing up to now. Normal trading commences today.


Just look at their growth plans, their tie-up with Suzlon and the fact they are building capacity in both India and China. Low cost production in massively growing markets.

One to tuck away.

[garth] 10/12/2007 22:56

It probably jumped because it 'happened' to list on the same day that the Government announced massive investment plans in off-shore wind farms...... what a coincidence.

Market value at close around £1.5bn (yes, BILLION). That's an awful lot of wind turbine gear boxes needed to justify the price, IMO.

G.

[rochester14] 10/12/2007 21:22

Hi all, can someone please explain to me why this share has lept today and what does the stabalisation notice mean to the share price ?? muchas gracias !

[wassapper] 10/12/2007 08:30

A growth stock in a growth market, relatively insulated from credit crunch issues?

"Hansen is taking steps to increase its wind turbine gearbox manufacturing capabilities from 3,800MW per annum (as at 31 March 2007) to 14,300MW per annum over the next five years" - not a bad compound growth rate!

More details from the IPO process

Hansen is an established global wind turbine and industrial gearbox designer,
manufacturer and supplier, with a leading position (by MW supplied) in the wind
turbine gearbox market. Founded in 1923 to supply the industrial gearbox market,
Hansen has since 1979 increasingly focussed on the supply of gearboxes to the
growing wind energy generation sector. According to BTM, Hansen was the second largest manufacturer of wind turbine gearboxes in 2005 with an estimated market share of 25 per cent. (by MW shipments). In 2006, Hansen estimates that its share of the gear-driven wind turbine market was approximately 27.2 per cent.,
and that its market share in the segment for gear-driven wind turbines with
capacity in excess of 1.5MW was more than 50 per cent.

Hansen's principal manufacturing facilities are located in Belgium and include a
wind turbine and industrial gearbox plant at Edegem and a fully integrated
state-of-the-art dedicated wind turbine gearbox manufacturing facility at
Lommel.

Hansen currently supplies gearboxes to four of the five largest manufacturers of
gear-driven wind turbines in 2006, Vestas, Gamesa, Siemens Wind, and Hansen's
parent company, Suzlon Energy (who together supplied 68.1 per cent. of the
gear-driven wind turbine market (by MW supplied)*1). The Company is also in the
process of developing a customised gearbox with REpower, the seventh largest
supplier of gear-driven wind turbines in 2006 according to BTM and a subsidiary
of Suzlon Energy. In order to respond to increased demand from its wind turbine
customers and the forecast increase in global demand for wind energy generally,
and in particular within the Asian markets, Hansen is taking steps to increase
its wind turbine gearbox manufacturing capabilities from 3,800MW per annum (as
at 31 March 2007) to 14,300MW per annum over the next five years, as follows:

Lommel, Belgium

Hansen is currently undertaking an expansion project at its state-of-the-art
manufacturing facility in Lommel to significantly increase the facility's
manufacturing capabilities to up to 6,000MW from 2,200MW. Work on the project,
which will increase the factory surface from 45,000m2 to approximately 85,000m2,
commenced in 2006 and is expected to be completed in April 2008.

Coimbatore, India

Hansen has recently leased a site in a Special Economic Zone in Coimbatore,
India, and has commenced a €270 million project to build an integrated
manufacturing plant for the manufacture of wind turbine gearboxes which is
expected to reach full capacity in April 2011. The site at Coimbatore is expected to have a yearly production capacity of up to 5,000MW (representing 2,500 to 3,000 gearboxes). The first gearbox shipment is expected to be made in September 2008.

China

Hansen is also planning the construction of a €200 million integrated
manufacturing plant in China for the manufacture of wind turbine gearboxes which
is expected to be completed in April 2011. Hansen's new plant,will commence assembly and testing of gearboxes in September 2008, and is expected to have a yearly production capacity of up to 3,000MW.