Joy Global (JOYG)

Add a New Bears Reason Company: Joy Global (JOYG) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 1 votes   This cycle is no different from others - commodities prices will eventually fall Top Contributor: Andrew Liyana | Created when NASDAQ:JOYG was $68.99 | Edit | History The super-cycle in commodities may proove a myth. Commodities Prices are at historical highs and a subsequent fall in prices would weaken Joy Global's sales. (100 character max) Cancel 0% agree 0 votes   Highly cyclical industry Top Contributor: Andrew Liyana | Created when NASDAQ:JOYG was $68.99 | Edit | History Joy Global operates in a highly cyclical industry. Demand for new equipment tends to move with economic tends. A global recession would damper profits as fixed-costs remain to be paid, while sales decrease. (100 character max) Cancel 0% agree 0 votes   Coal customers account for 70% of revenue Top Contributor: Andrew Liyana | Created when NASDAQ:JOYG was $68.99 | Edit | History Revenue from coal customers account for 70% of Joy Global's revenue. This lack of diversification exposes Joy Global to shifts in coal production throughout the world. A cleaner alternative energy, such as nuclear power, may be accepted over coal. Weak demand for coal results in lower sales volume for Joy Global. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.