Friday, September 12, 2014

Seeking Alpha: Will Gamesa Move From Survive To Thrive?

There has been plenty of skepticism regarding Spanish wind turbine company Gamesa's (OTCPK:GCTAY) ability to continue to compete in the volatile and very competitive global wind turbine market. While Gamesa has had past challenges with product quality, project financing, and its cost structure, management has been doing a good job of executing a turnaround plan based on better margins and a focus on growth markets like India, Brazil, and Mexico. I do think Gamesa can continue to outperform on volumes and margins, but a lot of this is in the share price now and I believe Gamesa management must begin convincing investors that it has a follow-on strategy in place to not just survive in the market but to thrive as a leading player.

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Will Gamesa Move From Survive To Thrive?

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