China Wind Systems (CWS) Updates Guidance, Sees FY10 EPS Well Ahead Of Estimates, Revenues Inline

According to Fly On the Wall, China Wind Systems (CWS) has updated guidance and sees FY10 EPS in the range of 62 – 65c vs the estimate from one analyst of 42c.  They see revenues about inline with the estimate of $80 million at $76.5 – $85 million.

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Shares of CWS are not moving on the update, but do look increasingly bullish and looks like it may want to breakout any moment.   A compelling play down here.

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