31 Aug
Number of people potentially affected: 3,000,000
Type of pollutant: Coal and particulates
Source of pollution: Automobile and industrial emissions
This soot-blackened city in China’s inland Shanxi province makes Dickensian London look as pristine as a nature park. Shanxi is the heart of China’s coal belt, and the hills around Linfen are dotted with mines, legal and illegal, and the air is filled with burning coal. Don’t bother hanging your laundry — it’ll turn black before it dries. China’s State Environmental Protection Agency says that Linfen has the worst air in the country, which is saying something, considering that the World Bank has reported that 16 of the 20 most polluted cities in the world are Chinese.
One Linfen native summed up the city’s plight to a TIME reporter last year: “This place of ours is no good.”
31 Aug
Well, celebrating the 52 week LOW of the Wind Stocks brings me back to square one after beginning this friggin journey two years ago…………the whole idea was to make enough profits to downpayment a nice ski house and ski off into the sunset with Wind Power powering my skiing addiction.
Well, now that the wind stocks are back to 52 week lows, we are looking at a shack or Yurt hut given the current share prices of Vestas and $APWR. However, like Ski Seasons, everything changes season to season and just like snow depths, those that predict a dump can see a total miss winter and those that think Colorado dont get snow better check with me in December.
Ethanol, dropping coal prices, natural gas prices dropping over a cliff, world wide demand dropping, are all adding up to be like a nice big phat turd in the punch bowl for renewables and wind power.
Cleanse the bowl, increase world demand, rising oil prices and the worldwide demand economy come roaring back and Vestas and APWR could be the best green power investments U ever made at these current low prices. One single Texas Wind Farm for APWR financing and APWR could easily double in a few months. Last summer, APWR was $8……closed the year at $20
today, friggin low priced APWR is $5.78 and looks like somebody beat it with a baseball bat out back the woodshed. Given the history and cylical nature of APWR, look for APWR to make some Press Release love for those that love to invest like U ski double black diamonds. Life is to be loved and enjoyed and sometimes , like now, U must double down for the ride of your life………….help me to help U, just BUY and tell your crazy financial advisor, “”"I am buying for the LOVE of Wind Power into the Future”’ and cleaning our mother earth before she melts my slopes. IF the world heats up and melts, U and I wont go skiing into the future……….U east coasters better perk up and take notice, this GLOBAL WARMING aint going away unless the world can and will erect Wind Turbines. APWR and Vestas at this price levels a total GIFT for the future of skiing and mother Earth and your pocketbooks and MY SKI HOUSE!!!
Let it Snow Wind Turbines from sea to sea……….
31 Aug
Toby wrote an article trashing APWR about their wind energy side and its EASY to trash out the rear view mirror looking backwards but to print that the company does NOT expect to recognize ”””signifigant wind revenues ” till the end of 2011 is just plain wrong………..right about now, given the ZERO that APWR reported for Q2 in Wind Revenues, well, anything above ZERO would be ”’signifigant wind revenues” for APWR right about now………..
if APWR would have recognized 20 million in Wind Revenues and BEATEN GUIDANCE and recognized profits, APWR would be trading above $9 right about now instead of hitting 52 week lows………..sorry Toby, I dont agree with U about your presumption APWR wont recognize signifigant revenues till END of 2011………of course I am VERY LONG and U could easily be SHORT with Cramer for all I know !
Following from Motley Fool and Toby Shute::
Fast-forward a year and change, and A-Power hasn’t done much to dispel my unease. The firm still isn’t racking up much revenue on the wind-turbine side. Yes, there’s a fittingly outsized Texas wind farm on the horizon, but A-Power isn’t expecting a significant revenue contribution from that project, which is still seeking financing, until late 2011 at the earliest. A-Power recognized zero wind turbine revenue in the second quarter, and blamed permitting delays.
I would be very interested to know how many turbines the company has actually manufactured this year. This figure wasn’t offered
31 Aug
well, Vestas and APWR investors, it could be worse than the 52 week lows today in Vestas and APWR , U could be living in Linfen , China………..
Linfen, China is the most polluted city on earth.
According to Mother Nature Network, if one puts laundry out to dry, it will turn black before finishing drying.
Located in China’s coal belt, spending one day in Linfen is equivalent to smoking three packs of cigarettes.
3 million people are affected by Linfen’s coal and particulates pollution, which is residue from automobile and industrial emissions.
31 Aug
Wilbur Ross said ””40% of all Wind Turbines made in world are NOW made in CHINA”’
Talking about how CHINA ”gets it”’ about JOBS and Wind Power………
talking about how USA just talks alot………
I AGREE, China is producing wind turbines while we in USA just talk alot
Today, Excelon bought John Deere Wind Renewable biz for 933 Million getting 700MW’s on the cheap of older units………
31 Aug
its all in HOW U report the headlines…….buying at a 52 week LOW for moving forward???
Zacks Equity Research, On Monday August 30, 2010, 4:12 pm EDT
A-Power Energy Generation Systems Ltd. (NasdaqGS: APWR – News) recently posted second-quarter 2010 results. The company’s GAAP net income jumped 86.3% to $11.6 million from $6.3 million in the year-ago period. Excluding special items, earnings per share came in at 27 cents per share, which surged past the Zacks Consensus Estimate 14 cents.
A-Power is the largest provider of distributed generation systems (DG) focused on renewable energy in China, with project size ranging from 25MW to 400MW. The company also operates one of the largest wind turbine manufacturing facilities in China. During January 2010, the company acquired Japan-based Evatech Co. Ltd, which is engaged in the design and manufacturing of industrial equipment for photovoltaic (PV) panels.
During the quarter, A-Power’s quarterly revenues grew 30.1% to $74.8 million from $57.5 million in the prior-year quarter. The growth was mainly driven by higher revenues from the core DG segment as well as international revenues, particularly in Vietnam, Pakistan and Thailand.
A-Power’s gross margin expanded 220 basis points (bps) year-over-year to 15.5%, primarily due to an increase in large-scale DG orders and higher-margin international sales. Selling, general and administrative expenses, as a percentage of revenues, jumped 650 bps to 11.7%, mainly due expenses related to the Evatech acquisition and higher business related costs. Accordingly, operating margin dipped 430 bps to 3.9%, while operating income slipped 38.5% to $2.9 million.
A-Power ended the quarter with cash and equivalents of $125.4 million, compared to $128.7 million in the year-ago quarter. During the first half of 2010, the company raised $78.5 million of cash from a private placement and $49.9 million from bank loans and utilized $74.0 million for operating activities.
Moving forward, A-Power expects total revenue of $500 million and net income of $60 million in 2010. The Zacks Consensus Estimate for the year presently stands at $1.07 per share, which remained constant over the past 2 months. For the next year the Zacks Consensus Estimate has remained unchanged at $1.29 per share over the past 2 months.
31 Aug
Aug 30, 2010 (Datamonitor via COMTEX) —
Iberdrola Renovables and Neoenergia, a Brazilian energy holding company, have received a contract for nine new wind farms in Brazil, with total installed capacity of 258MW.
The contract award took place in Rio de Janeiro, during the second tender process for renewable energies in the country, organized by the Agencia Nacional de Energia Electrica (Aneel).
Iberdrola Renovables will supply the electricity generated at these facilities to the Brazilian government for a 20-year period, starting in January 2013. The annual amount of the contract awarded by Aneel is about E60 million.
Within the framework of the agreement, Iberdrola Renovables and Neoenergia, who are considering eventually forming an equal stake joint venture, would jointly participate in the future tenders held by Brazil’s Agencia Nacional de Energia Electrica.
30 Aug
could Jim Cramer be wrong ?? Why would Blackrock increase its position in Vestas????
Vestas has received information from BlackRock Investment Management (UK)
Limited, 33 King William Street, London EC4R 9AS, UK that BlackRock, Inc. as per
25 August 2010 has reduced their holding of Vestas shares from 10,187,787 (ref.
company announcement No. 24/2010 of 11 June 2010) to 9,802,374 shares (4.81 per
cent) and as per 26 August 2010 again has increased their holding of Vestas
shares to 10,327,971 (5.07 per cent).
52 Week LOW Today, can U say somewhere in next few days has to be the bottom??????? With Vestas booking more wind turbines in Q2 than the entire year of 2009, no doubt in mind Blackrock knows more than Cramer!
30 Aug
for every single new modern wind turbine that the world produces, 400,00 Rail Cars of Coal goes out of the equation and is not mined nor BURNED to produce electricity.
think about WHO hates the Wind Industry??? COAL and RAILROADS
its THAT SIMPLE folks, next time U hear some lousy news bite out of West Virginia about Wind Turbines killing birds ((Wind turbines do kill 1% of the birds in the world , but CARS and High Rise buildings and house cats KILL 90% of all Birds)), think about WHO is printing such garbage bashing wind power ???
And just to quote the Australian Minister for Climate Change and Energy Efficiency, Penny Wong, when she said that the Macarthur Wind Farm of 420 megawatts will have the capacity to abate more than 1.7 million tons of greenhouse gases every year, the equivalent of taking more than 420,000 cars off the road each year. Again, wind is playing a very important part of the future aspiration if we want to combat climate change.
29 Aug
Getting behind two green energy companies at 52 week lows is either a sign of a mad man or a guy with larger kahoonas than most. My wife would argue for the mad man equation but that is another story in itself. Everyone can smash mouth at a 52 week low, even Cramer got his shot in on Twitter this week.
However, Vestas is the ONLY COMPANY in Wind Power that can ramp and scale at a moments notice once the world economies turn around ((if they turn around)). APWR has not even touched their wind side as of yet but is ready to announce the FINANCING and shipment schedule in late September of the largest Chinese Wind Farm on USA soil in Texas. A Billion in Wind Sales with a 25% higher margin plus a ramping DPG model with ramping demonstrated profitable international DPG biz with APWR makes APWR a steal at current P/E levels.
Vestas BOOKED more orders in 2Q than the ENTIRE YEAR of 2009. One quarter, booked more revenues than entire year……think about how good 2011 is going to be for an investor with courage and vision of the future.
Once the world returns to normal FUNDAMENTAL INVESTING, VESTAS and APWR will come screaming back north printing profits as they always do and the 2nd half of 2011 promises to be much nicer for VESTAS and APWR.
VESTAS is a true wind turbine producer, APWR still has to shed its training wheels in Wind Power production. Both are screaming BUYS at these low levels for the Green Investor with HEART and Committment to GREEN ENERGY by the end of 2011.
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