15 Nov
my research and my analysis identifies that APWR must raise yearly guidance for 2009 by 30 million from 320 million to 350 Million . Therefore, my quarterly numbers are going to be way UPPED for 4th Quarter. Wind revenues are going to be recognized in 4th Quarter for some of the 2.7mw’s shipped and the 1.5mw’s shipped and some 750kw wind units. 30 million is NOT much and the gross margin will only be around 5% for these first wind units so the profits wont be much but the potential is soooooo undervalued for the future, its not funny.
Wind revenues in 2010 could easily be around 500-700 milllion and if APWR starts cranking on all cylinders , wind revenues could easily exceed 700 million for 2010 and 1.4 billion for 2011 are not out of question or reach.
For the LONG TERM INVESTORS, there are some exciting times ahead for the story of APWR to unfold during the next 3 years time frame as APWR goes from a small China micro cap to a large sized China megastar stock, the “”"NEXT FIRST SOLAR OF CHINA”"”!
here is the conference call that explains my reasoning for the UPPED GUIDANCE for 2009 and beyond………..
Okay. So for the production schedule for this year 2009 for 2.7MW 30 units and 1.5MW 10 units, for 750KW 30 units and for these members we feel very confident because other components we already thought successfully and for next year consult a supplying of the components problem, we are partnering with GE and also with German company in Germany. This is to solve this components supply problem for gear box and other key components. I believe that for next year and even the year after that next year, just to say that the total quantity of product will be raised to vary large extent and say before the components are being just to say fulfilled and with sure figures, we cannot disclose to you the specific figures now. I can tell you that this quantity of products for next year and even the year up to next year could be very high and even as satisfactory as investors may imagine.
Also just to say the components for next year and most of the components can be made in China and say above 80% of the components for complete site of wind turbine should be made in China.
We have taken various kinds of measures, just recently to achieve the goal of made in China for the components for us to lower down the cost as quickly as just what we can do. Also just upgrade our competitiveness. Thank you
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