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A 41% Q1 plunge in nationwide excavator sales is taking a toll on Sany Heavy Industry - China's...

A 41% Q1 plunge in nationwide excavator sales is taking a toll on Sany Heavy Industry - China's largest maker of the equipment - even as it takes market share from the likes of CAT. The company's VP warns the sluggish construction market may force the firm to cut its sales target (+41% Y/Y).
Comments (6)
  • Thats a pretty big drop......the CAT boss was on CNBC today...all bullish.....wonder how......and why
    8 May 2012, 10:16 AM Reply Like
  • Why in deed! Joy Global has also been taken to the woodshed.
    8 May 2012, 10:51 AM Reply Like
  • (FXI) is the problem growth is slowing but China will ease back on
    interest and start growing again in the next quarter. We are still long
    term bulls on (CAT) though short term bears. APD
    8 May 2012, 11:06 AM Reply Like
  • So are you medium term bullish on China then? And if so, do you like PGJ?
    8 May 2012, 02:57 PM Reply Like
  • CAT expects to sell farm equipment in US to make up for China. CAT is a great company and has been for many years. My father owned stock in CAT about 60 years ago. I only wish I had more money to buy such a great buying opportunity. CAT is a stock I can own for life.
    Mike
    8 May 2012, 12:04 PM Reply Like
  • The DONKEY and the ELEPHANT all talk about tackling unemployment and create jobs by picking up infrastructure projects, if he is nominated the PRESIDENT in November. Do you think the CAT will be a beneficiary?
    9 May 2012, 12:37 AM Reply Like
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