all you have to do is be the closest guesser to the stock price of APWR for the end of the year 12/31/08 closing price. APWR is my horse and I may as well give away a shirt to the end of the year closest guesser. Leave your guess on a COMMENT section on this page entry. Spread the word on Twitter and Yahoo!

Barrons Article on Wind Power
This Utility Will Inherit the Wind
By Teresa Rivas | MORE ARTICLES BY AUTHOR
UTILITIES’ RELATIVELY STABLE SALES have limited the sector’s losses this year, but investors looking for a standout from the pack may want to consider FPL Group (ticker: FPL).

The country’s largest wind-power producer, FPL can expect tailwinds from the growing shift toward renewable energy, while its regulated arm will likely get a boost from rate increases next year.

FPL operates two separate divisions: Florida Power and Light, a regulated utility; and the unregulated FPL Energy, which produces the company’s wind power.

“They are the biggest players in the field, the Wal-Mart (WMT) of wind power,” says Jesup Lamont

Bluewater Wind is proposing building a 450MW offshore wind farm off of Delaware coastline 12 miles offshore.  The proposal must pass many hurdles before construction begins but the more you read about offshore wind farms , the more impressed I am with the idea and concept.   The main problem with on shore wind farms is the coastal breezes stop at the shoreline and wind farms need constant , strong winds to maximize investment return on capital.  Bluewater has some great ideas and website is great also!

http://www.BluewaterWind.com

using the ROTH CAPITAL downgrade and EPS for end of 2009 of $1.38 , I am issuing a $13 price target for end of 2009 using EPS of 10 factor for APWR.  Given that APWR has never earned nor recognized a penny of profits or revenues from its up and coming wind power division, this $13 price target is conservative to say the least!!!  No factor is being given for China Government news about paying more for distributed power clean and green power stations which I see as boosting distributed power revenues for 2009 and beyond.  Sure, credit problems world wide will slow the addition of new business but the backlog of 800 million will balance out revenues and the addition of ANY WIND POWER revenues will add to the bottom and top lines!

09:38 APWR A-Power Energy estimates and target cut to $7 at Roth following site visit (5.00 -0.09)

Roth visited APWR’s Shenyang wind turbine facility today. Their observations support their cautious near-term outlook. They expect no wind segment revenue during 4Q08 and a slower ramp during FY09. Furthermore, observed temperatures in key DG locations support their contention that a substantial portion of the company’s backlog is suspended for winter and puts the company’s FY08 net income guidance of $35-45 mln at risk. They are lowering their ‘08 and ‘09 EPS estimates to $0.90 and $1.38 from $0.93 and $1.60 respectively ($1.01/$1.72 consensus) to reflect their updated outlook. They are are lowering their tgt to $7 from $10, reflecting their downwardly revised estimates and a slightly more conservative multiple.

Downside RISK is $4 and Upside Gains are $8, a better gain to loss basis ratio but investors need to stress the LONG TERM investment ideas to profits, dont trade for pennies, INVEST for Dollars!

09:38 APWR A-Power Energy estimates and target cut to $7 at Roth following site visit (5.00 -0.09)

Roth visited APWR’s Shenyang wind turbine facility today. Their observations support their cautious near-term outlook. They expect no wind segment revenue during 4Q08 and a slower ramp during FY09. Furthermore, observed temperatures in key DG locations support their contention that a substantial portion of the company’s backlog is suspended for winter and puts the company’s FY08 net income guidance of $35-45 mln at risk. They are lowering their ‘08 and ‘09 EPS estimates to $0.90 and $1.38 from $0.93 and $1.60 respectively ($1.01/$1.72 consensus) to reflect their updated outlook. They are are lowering their tgt to $7 from $10, reflecting their downwardly revised estimates and a slightly more conservative multiple.

MY TAKE NOW on ROTH Meeting Wind Facility:::: Says in plain english, APWR will miss the 4Q08 Wind timeline they tried to make a year ago, so NO Wind Revs for 2008===No Big Deal given 100% of their profits have come from Distributed Power.  Also, the ”’cold weather” of CHINA has stopped outside construction temporarily as it always does in the dead of winter in deep freeze China.  APWR is a distributed power station building company with a Wind Kicker for 2009 and beyond.  APWR has NEVER EVER realized a penny of revenues or profits from Wind , the wind power side of the biz is  an added growth kicker for 2009 and beyond.  Profits of $1.38 gives you a P/E of 10 which makes $1.38 X 10(P/E) == $13 stock price estimate by Wind4me for END of 2009 is my TARGET PRICE!!!  Results may vary but the BAD NEWS is already baked into the current price.  Short term , could trade down to $4 and change, Upside is $13 for 2009.  Do you trade for pennies or Invest for Dollars????

seems the guys who predicted a ”’strong buy”” at $25 now see a downgrade to $7 with ””’ONLY”"” a $1.38 earnings for 2009…….with a P/E of 10, this gives you a $13 stock for $4 and change.  If you “”INVEST”" , this is a GIFT for end of 2009 and once WIND gains speed in China, APWR soars in 2009!

09:38 APWR A-Power Energy estimates and target cut to $7 at Roth following site visit (5.00 -0.09)

Roth visited APWR’s Shenyang wind turbine facility today. Their observations support their cautious near-term outlook. They expect no wind segment revenue during 4Q08 and a slower ramp during FY09. Furthermore, observed temperatures in key DG locations support their contention that a substantial portion of the company’s backlog is suspended for winter and puts the company’s FY08 net income guidance of $35-45 mln at risk. They are lowering their ‘08 and ‘09 EPS estimates to $0.90 and $1.38 from $0.93 and $1.60 respectively ($1.01/$1.72 consensus) to reflect their updated outlook. They are are lowering their tgt to $7 from $10, reflecting their downwardly revised estimates and a slightly more conservative multiple.