its not just APWR that is weak……..the following list was compiled and BrentGolf09 receives the kudos on a fine job!

Anybody who invests in Chinese ADR’s knows that this bleeding we are seeing is not just restricted to APWR. There are many solid companies that have seen MASSIVE volatility from their previous 52 week highs to their more recent lows. I’m not saying all of these are buys, some deserve to be down, but this should illustrate my point:

APWR – 21.04$ to 6.55$ (6.70$ now)

HEAT – 18.60$ to 5.11$ (5.35$ now)

RINO – 35.15$ to 10.87$ (15.15$ now)

CSKI – 25.45$ to 8.82$ (9.75$ now)

CFSG – 21.72$ to 6.53$ (6.71$ now)

CSR – 9.04$ to 4.09$ (5.49$ now)

CNIT (CPBY) – 7.97$ to 3.51$ (5.02$ now)

CEU – 7.37$ to 3.70$ (4.23$ now)

CAGC – 30.45$ to 10.15$ (15.98$ now)

YONG – 11.72$ to 5.90$ (7.61$ now)

CGA – 18.01$ to 8.48$ (10.52$ now)

FEED – 5.75$ to 2.28$ (2.28$ now)

CBEH – 12.12$ to 7.18$ (8.03$ now)

CMFO – 8.44$ to 3.82$ (5.30$ now)

CHLN – 4.98$ to 1.90$ (2.02$ now)

CHNG – 14.81$ to 5.18$ (5.20$ now)

CHOP – 9.74$ to 4.82$ (5.22$ now)

CTFO – 12.01$ to 5.15$ (6.19$ now)

CXDC – 11.18$ to 5.80$ (5.80$ now)

GSI – 5.79$ to 2.30$ (2.45$ now)

JST – 25.63$ to 10.78$ (10.90$ now)

SDTH – 7.50$ to 4.23$ (4.50$ now)

SUTR – 4.01$ to 1.75$ (1.78$ now)

I could go on, but the point is, Chinese ADR’s in general are out of favour in the last 6 months. That will turn around and eventually many of the above companies will be able to break above their previous highs. So which ones?

Well for starters, look for companies that have GROWN revenue’s year over year. Any company on that list that has DOUBLED revenue over the last 2 years deserves a serious look.

Yes, i’m talking about APWR. I don’t expect they will hit 500 million this year, but even if they hit 450 Million, they will have successfully doubled revenues, and only diluted 50%. I don’t know about your math, but to me, that represents some serious growth.

Despite all my critics, this is the reality of buying at a 52 week LOW when EPS is soaring…………U can bash all U want, APWR is going to become a stellar investment given the low entry price of today………..

Aug 27, 2010 (M2 EQUITYBITES via COMTEX) —
Power generation systems supplier A-Power Energy Generation Systems Ltd (Nasdaq: APWR | PowerRating) announced on Thursday GAAP net income of USD11.6m (USD0.25 per diluted share) for the second quarter ended 30 June 2010.

This reflects a growth of 86.3% from GAAP net income of USD6.3m (USD0.14 per diluted share) in the prior year period.

Revenues in the 2010 second quarter were recorded as USD74.8m, up 30.1% from USD57.5m in the second quarter of 2009.

The company said that the increase in revenue was primarily due to higher revenues recognised in the core DG business, with 2.3% of the total revenue attributable to the sale of PV solar equipment

lets see HOW this plays out for the Texas 1.5 Billion Wind Farm but my research says APWR announces the Texas 1.5 billion financing plan by October 1st, 2010

Partners involved will be HT Blade, TANG, Baoding, W2E and others

US Financing player XXXXXX will also be involved! Stay Tuned for Details
From the Dallas Biz Journal::

The resulting subsidiary, Catic International Trade and Economic Development Ltd, a subsidiary of the China Aviation Industry Corp has become the first Chinese entity to invest in an American green-energy project

————-

The $300 million will function as debt financing, and Tang is in the process of putting together $100 million equity for a set of wind farm projects. The company is looking at projects in Illinois, Texas, Colorado, Iowa, Virginia and Massachusetts. The Texas wind farms are expected to be in WEST TEXAS and the Texas Panhandle.

“We’ll add a few jobs — a handful of jobs in Tang Energy,” Jenevein said. More broadly, the project will lead to construction jobs, transportation work and long-term operations and maintenance jobs on the wind farms.

The combined $400 million is enough to provide 200 to 260 megawatts of wind power. In electricity terms, that’s a small amount, Jenevein said, but he views this deal as the start of a larger relationship with the Chinese investors. “We’re already in talks about what we need to do to make it a lot bigger,” he said.

Every single major Wind Turbine that goes up takes 400,000 rail cars out of the emissions stacks so the PUSH to Coal must begin world wide!!! More Wind!!! LESS COAL is my mantra!

The U.S. used significantly less coal and petroleum in 2009 than in 2008 and significantly more wind power, according to energy flow charts released by the Lawrence Livermore National Laboratory (LLNL). There also was a decline in natural-gas use and an increase in the use of solar, hydro and geothermal power.

The estimated U.S. energy use in 2009 equaled 94.6 quadrillion BTUs, down from 99.2 quadrillion BTUs in 2008.

Wind power increased dramatically in 2009 to .70 quadrillion BTUs of primary energy, compared to .51 in 2008. Most of that energy is tied directly to electricity generation and thus helps decrease the use of coal for electricity production.

“The increase in renewables is a really good story, especially in the wind arena,” says A.J. Simon, an LLNL energy systems analyst who develops the energy flow charts using data provided by the Department of Energy’s Energy Information Administration. “It’s a result of very good incentives and technological advancements. In 2009, the technology got better, and the incentives remained relatively stable. The investments put in place for wind in previous years came online in 2009. Even better, there are more projects in the pipeline for 2010 and beyond.”

sometimes, there is MORE than a TV Moment to make a point………

(RTTNews) – A-Power?Energy?Generation?Systems, Ltd. (APWR), a provider of on-site distributed power generation systems in China, reported Thursday a significantly higher profit for the second quarter on a 30.1% growth in revenues and gain from change?in?fair?value?of?warrants. Quarterly earnings per share were well ahead of analysts?estimates, while revenues came in much below estimates. Further, the company confirmed its guidance for full year 2010.

Net income attributable to A-Power Energy rose 86.3% to $11.64 million from $6.25 million last year. On a per share basis, earnings for the quarter rose to $0.25 per share from $0.14 per share a year ago.

The result included a loss of $1.60 million on acquisition of Evatech. Change in fair value of warrants brought gains of $12.64 million for the quarter, versus $0.62 million last year.

On average, three Wall Street analysts expected earnings of $0.14 per share for the quarter. Analysts’ estimates typically exclude special items.

Revenue for the quarter grew 30.1% to $74.8 million from $57.5 million last year. Three Street analysts expected revenues of $94.22 million for the quarter. The company said the quarterly results improved as its DG business margins improved on larger project orders and higher international sales.

Going forward, the company expects wind turbine sales to pick up in the second half of the year and the international projects to continue growth on the wins in Vietnam, Pakistan and Thailand.

straight from the CEO’s lips……..

The Company reiterates its guidance for its full year 2010 outlook of revenues of $500 million and net income of $60 million. This guidance is based upon the on-going DG projects and revenues from the expected sale of wind turbines to be generated during the remainder of 2010.

Mr. Lu continued, “We have many compelling opportunities in our business that can drive our revenue growth significantly higher in the second half of the year. Our DG business is expected to remain the primary performance driver with sales coming from our existing 15 projects. Significant sales are also expected in our wind turbine business in the second half of the year. We expect to begin delivery of 2.0 MW or larger turbines to customers in the second half of 2010. We are building a platform that will establish A-Power as an emerging leader in both distributed power and alternative power generation systems and are working aggressively to capitalize on the long-term growth opportunities in these areas.”

sometimes, U get lucky in life……..other days, U have days today like I had………well, tomorrow is another opportunity to make a play on China Green Energy at a 52 week low………..

RTTNews) – A-Power?Energy?Generation?Systems, Ltd. (APWR), a provider of on-site distributed power generation systems in China, reported Thursday a significantly higher profit for the second quarter on a 30.1% growth in revenues and gain from change?in?fair?value?of?warrants. Quarterly earnings per share were well ahead of analysts?estimates, while revenues came in much below estimates. Further, the company confirmed its guidance for full year 2010.

Net income attributable to A-Power Energy rose 86.3% to $11.64 million from $6.25 million last year. On a per share basis, earnings for the quarter rose to $0.25 per share from $0.14 per share a year ago.

The result included a loss of $1.60 million on acquisition of Evatech. Change in fair value of warrants brought gains of $12.64 million for the quarter, versus $0.62 million last year.

On average, three Wall Street analysts expected earnings of $0.14 per share for the quarter. Analysts’ estimates typically exclude special items.

Revenue for the quarter grew 30.1% to $74.8 million from $57.5 million last year. Three Street analysts expected revenues of $94.22 million for the quarter. The company said the quarterly results improved as its DG business margins improved on larger project orders and higher international sales.

Going forward, the company expects wind turbine sales to pick up in the second half of the year and the international projects to continue growth on the wins in Vietnam, Pakistan and Thailand.

The signing of a cooperation agreement with the United Steelworkers – USW to purchase steel from suppliers represented by the USW, earlier this month, is expected to benefit the planning of a wind turbine assembly plant in Nevada and the ongoing development of the supply chain for the expected delivery of wind turbines to the 615MW wind farm under development in Texas.

The expanding 2.7 MW turbine market would be leveraged through the license agreement concluded last month with German wind technology company Fuhrlander AG. The license pertains to the Chinese market.

The company reiterated its full-year 2010 earnings outlook of $60 million. Analysts are looking for earnings of $1 per share. Revenue estimates of $500 million also is confirmed and expects delivery of 2MW or larger turbines to customers beginning in the second half of 2010. Analysts currently expect the company to report revenue of $500.55 million.

somewhere , in REALITY, there is a PRICE that APWR is worth

from the CEO from the Conf Call:::

Business Outlook

The Company reiterates its guidance for its full year 2010 outlook of revenues of $500 million and net income of $60 million. This guidance is based upon the on-going DG projects and revenues from the expected sale of wind turbines to be generated during the remainder of 2010.

Mr. Lu continued, “We have many compelling opportunities in our business that can drive our revenue growth significantly higher in the second half of the year. Our DG business is expected to remain the primary performance driver with sales coming from our existing 15 projects. Significant sales are also expected in our wind turbine business in the second half of the year. We expect to begin delivery of 2.0 MW or larger turbines to customers in the second half of 2010. We are building a platform that will establish A-Power as an emerging leader in both distributed power and alternative power generation systems and are working aggressively to capitalize on the long-term growth opportunities in these areas.”

today, APWR announce solid numbers and was up 5% for the morning , then, drops unexpectedly by 5% and is now down 11% . Exuberance has been traded for stupidity as APWR ramps revenues and confirms guidance for 2010 and yet is down 11% awaiting permits from China to book wind revenues.

Sometimes in life, stupidity takes over………..today, with APWR , U see the stupidity of people with mouses that look at the share price an say “”"I should sell, everyone else is selling””…………….well, when SHE turns, it will be the same thing exact back up sharply………….””I should buy, everyone else is buying”’!

When people figure out EPS, Rising Revenues, Rising Net Income and come back to fundamentals, APWR willl be just fine long term. Sure, today HURTS badly for me but this too shall pass and tomorrow is another day to book that next DPG Contract or attain those China permits for Wind Farms or secure that financing for the Texas 1.5 Billion Wind Farm.

Seems everyone but me glanced over the 25% MARGIN comments on the Conf Call and just said “”"”What Wind Revenues””????? And , today, they would be right! tomorrow is another day!

Warren Buffettt says it best……..”"BUY WHEN OTHERS are Fearful”’ and for some reason, confirmed guidance and raised net income has some selling APWR.

$7.88 today to $7.21

somebody WAKE ME when they announce the TEXAS FINANCING!