30 Jun
I spent the entire evening reading the 20F Filing required by SEC for foreign companies traded on nasdaq listed board. APWR in past 3 weeks has dropped almost 50% so this is the perfect time for ”’NEW INVESTORS”’ to get a jump on the future into clean power player for China in riding the APWR clean power train. Future sales are going to be off the charts 2010 and beyond. Till then, the stock will probably trade back and forth till the Shenyang Power Alliance is figured out by future investors. Best part of 20F is that APWR came straight out and basically said ””WE dont have any competitors in the 24MW – 400MW power plant construction process doing 100% turn key projects. APWR always has an always will be a distributed clean power plant production company building power inside China. Future contracts will come from inside and outside China in SE Asia.
100% of all revenues have come from power plant construction in the past and the majority will come from power plant construction with added wind sales in 2010 going forward. So, as I have said all along, APWR builds clean power plants and has a thrown in kicker in the wind growth side down the road. However, the bread always has and always will be butterred by clean power plant production and profits are printed by power plant construction. The wind side is just an added bonus for 2011 and beyond. GE joint venture will produce huge wind revenues into 2011 and beyond.
Dont let the 20F scare you off with all the warnings and precautions and accumulate with both hands at this low low price. APWR sold for $15 3 weeks ago so sub $8 is a gift for the future. Buy AGGRESSIVELY under $8!
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