19 Dec
up 4%, Down 10%, up 16%, Up 22%, Down 3%……….Net Net UP 28% for the week!!! Not too shabby a performance for the week!!! For the coming weeks coming UP, here is the potential news coming for APWR which will continue to DRIVE THE PRICE NORTH (IMHO) for the upcoming quarters to come……….the real payoff will be December 2010 when APWR is at full capacity and the world gets back to producing profits. With a P/E forward looking of 3 for 2010, this stock is going to go NORTH eventually down the road!!! IF APWR delivers a $1.86 in PROFITS for 2009, a normal P/E is 10 for APWR which would mean a stock price of $16-$18 per share. From High $5’s, this is going to be a very nice ride given TIME and PATIENCE!!!! Nobody makes money overnight and this one trades UP and DOWN like a roller coaster!!!
It’s been a full month since the company released news. Good news is coming – and it is imminent. Announcements expected in the next week or two include (1) the hiring of a new CFO, (2) an announcement that the huge Thai DPG contract for $300M has been converted to a paid up contract by Advance Agro Pacific, (3) an announcement of other new DPG contracts with an update of the backlog since the end of Q3 – pushing it over $1 Billion even without the Thai contract, (4) the receipt of payment for the first 2.7MW Fuhrlander wind turbine sales with the intial package of 10 ($40 Million), (5) announcements of more contracts (over and above the initial 55 turbines) for sale of the 2.7MW Fuhrlander wind turbines (6) the commencement of 750KW Norwin wind turbine sales with the first package of 20 ($15 Million), (7) announcements of more contracts for sale of the 750KW Norwin wind turbines, (8) a pre-announcement of record Q profit in 4th Q 2008 ($.48) (which has only a week to go), (9) a pre-announcement of record quarterly sales in 4th Q ($145 Million or so), (10) joint venture plans with GE in China for 2010 and beyond, (11) the announcement of an intial stock buyback plan authorizing the company to purchase up to 2 million shares of the company as such times as they see fit to do so, etc. ((Thanks to Idiot_Basher for the News Scenario above paragraph!)
Recent Comments