26 Aug
Just finished listening to APWR management describe the future with China spending on Green Energy and their international DPG business ramping to 32% of revenues for highest metric ever and I see a very rosey future ahead with APWR as long as APWR delivers on the Texas Wind Farm.
I could go into details and metrics but the bottom line is 99.999999% of INVESTORS have never heard of APWR and I have created a biz model to tell the world. China building one single wind turbine takes out 400,000 rail cars of coal. China understands JOBS , something the USA just trips over on the road to recovery. China has set Wind Power at #1 Export product in 2020 creating #1 JOBS for 2020. China gets it, USA just talks alot!
Long story short, with international DPG ramping, China DPG ramping, and Wind Power going to ramp, APWR reaffirms 2010 Guidance and the 2011 future looks much brighter given the Texas progress and the potential to ship 30 wind units to Texas in 2010. IF TEXAS FINANCING is achieved, APWR will double overnight!
25% Margins on Wind Power is going to print profits into 2012. The time is NOW!
Thus, I have RAISED my 2011 price target to $20 for end of 2011. Yes, U will TRIPLE your money invested today if things work out for APWR.
26 Aug
Shares up 5 pct in premarket trade
Aug 26 (Reuters) – A-Power Energy Generation Systems Ltd’s (APWR.O) quarterly profit jumped 84 percent, helped by growth in its core distributed power generation systems (DG) segment, and said wind turbine sales will pick up in the second half of the year.
“We expect to begin delivery of 2.0 megawatt or larger turbines to customers in the second half of 2010,” Chief Executive Jinxiang Lu said in a statement.
For the latest second quarter, the company reported a profit of $11.6 million, or 25 cents a share, compared with earnings of $6.3 million, or 14 cents a share, a year ago.
Revenue rose 30 percent to $74.8 million as sales from international projects exceeded 30 percent of total revenue for the first time.
Analysts on average were expecting A-Power to earn 14 cents a share, on revenue of $94.2 million, according to Thomson Reuters I/B/E/S.
The Chinese wind turbine company said it signed agreements with The United Steelworkers and Shenyang Power Group for the development of its wind turbine projects in Nevada and Texas.
A-Power is developing a wind energy turbine production and assembly plant in Nevada, with an expected annual production capacity of 1.1 gigawatts, along with the U.S. Renewable Energy Group and American Nevada Group. [ID:nSGE62A0GB]
26 Aug
APWR continues to print profits an continues its GUIDANCE for 500 Million end of 2010 even though license hold ups slowed the wind side to a crawl. APWR increased DPG in international projects to 32% of revenues thus demonstrating APWR is an international play on green power with contracts in Thailand, Pakistan , and Vietnam. Domestic China revs were 67% , CASH on books was 182 Million.
Solid 51% Earnings Per Share Growth
Only question is WHEN will Wind Side ramp ?????
Second Quarter 2010 Financial Highlights — Revenue increased 30.1% to $74.8 million from $57.5 million in the prior year period. — Gross profit increased 51.1% to $11.6 million from $7.7 million in the prior year period. — Gross margin was 15.5% compared to 13.4% in the prior year period.
Mr. Jinxiang Lu, A-Power’s Chairman and CEO commented, “Our results in the second quarter were primarily driven by growth in our DG business, both domestically and internationally. This segment experienced larger project orders and also benefited from higher international sales in the second quarter which fueled our gross margin increase. We are pleased that our revenue contribution from international projects has exceeded 30% of total revenues for the first time this quarter. With significant wins in Vietnam, Pakistan and Thailand, we hope to continue building upon this international success. While our DG business generated EPC work for wind projects, we did not recognize revenue from wind turbine sales in the second quarter due to delays obtaining final permits for our 2.7 MW turbines scheduled for delivery to our Inner Mongolia and Shandong wind projects. We believe wind turbine sales will pick up in the second half of the year
25 Aug
Move over Dan Marino…………..move aside Valerie Bertinelli, nothing can lose weight like owning Wind Stocks. Jim Cramer is screaming “”SELL ALL WIND STOCKS”"” and I counter with the post , “”"AMAZING WEIGHT LOSS”" discovered by owning Wind Stocks!
Nobody can argue with the puking , heaving ability of wind stocks in past 3 months ((APWR , Vestas, AMSC, BWEN , ZOLT come to mind)) and the ability to lose weight while still eating…………
APWR might be a shot of epheneprine tomorrow as earnings are announced!! Hoping for a miracle as Marino asks , “”How did a Wind Stocks guy take my job”’??? Meanwhile, Cramer chuckles and says “”"”I was right, the crazy wind stock guy just losing weight”’!
Thinking 85 Million with some COLOR on the Texas Wind Farm for APWR an the discussion and plans for the Nevada Wind Turbine Plant……….of course the SHORTS of APWR compare to me to the Beaches of Dunkirk………….and look how that ended !!!
As General Custer asks, “”Where is that GATTLING GUN ”’ and TEXAS MISSILE when we need them………..till tomorrow Wind Folks!
24 Aug
and the stock is almost down 30% from that point, can Thursday show INVESTORS the light??? I am hoping for some great news to break to get us out of this funk of low price we in currently……………..being taken out behind the woodshed is hurting my butt lately…………….one mans TRASH is another mans CASH………..Be GREEDY when others are FEARFUL says Warren Buffett
23 Aug
I look for APWR to hit 85 million and lets see if I can keep my 5 quarter record intact for guessing revenues + or – 3% on APWR quarterly. Where did I get this number from ???? Well, a SWAG of immense proportions since I can honestly say I have NO CLUE given the lack of APWR management indications and the past June 10th Upped Guidance to 500 million from 380 Million. Second Quarter 2009 was 57 Million so everything will be based on how APWR does 2nd Quarter in 2010 and the forward looking guidance.
Obviously, I am VERY LONG on APWR and expect an upward surprise given the upped guidance and upped net income on June 10th. How can U up guidance on June 10th if things are not progressing well on the China clean energy front????
However, APWR has and always will have trouble communicating and laying out the financial plans for the future::: Important Updates for the following::::
1. Texas Financing and Texas Wind Farm
2. Nevada Wind Plant update
3. Pakistan and Thailand and Vietnam updates on DPG projects
4. China Wind Plant updates
Anything LESS than the above 4 items and APWR wil have trouble moving up.
I hope APWR management can and will deliver solid results. To have UPPED GUIDANCE on June 10th and then miss this quarter would NOT be good short term but APWR never has given quarterly so how can anyone say they missed ????
If U were thinking of ADDING more shares or beginning a position for the future, take 1/2 tomorrow and 1/2 on Friday and average out the good, the bad , and the Rocket Shot coming on Thursday ((I Hope))
23 Aug
this article talks about how China understands and spends for green energy while the USA is just busy talking about a Muslim mosque and political debates for no reason nor solution…………….when the USA wakes up in five years, China will have taken over the lead in the green energy race with Green Jobs and Green exports……………meanwhile, back in the USA, we just talk alot about a stupid mosque location………………have we forgotten FREEDOM of RELIGEON in America ?? YEP, this is the USA NIMBY stupidity on steroids!
China is developing at an impressive pace. Its economy grew at rates of 11.9 percent and 10.3 percent in the first and second quarters, respectively. The country is fifth in annual percentage increase in industrial production, which includes manufacturing, mining and construction. In terms of total spending on fixed assets, such as factories, homes and inventories of raw materials, which provide the basis for future production, China ranks third. In contrast, the United States comes in at number 116 and 145, respectively, for the same indices. (CIA World Factbook, 2009)
China has become the world’s largest energy consumer and carbon emitter—but one in every five people on the planet live in China. Its population is well over 1.3 billion people; the U.S. population is just about 310 million people, far less than one quarter the population of China. As a result, China is still well behind much of the world in per capita energy consumption and emissions.
In fact, one would have to combine all historically dominant colonial powers—the U.S., U.K., Netherlands, Portugal, Spain, France, Germany, Belgium, Japan and Australia—and some of the dominant contemporary U.S. puppet regimes—Israel, Colombia, Saudi Arabia, South Korea, the Philippines and Indonesia—to even come close, yet still shy, of the total population of China.
The key to China’s clean-energy policies
The key to understanding the differences in development of clean-energy technologies between the U.S. and China is the continued presence of the Chinese Communist Party at the head of the state.
It is precisely because China’s energy sector is largely state-owned that the Chinese government is able to implement clean-energy policies.
In the United States, there is no centralized energy policy. Fossil fuel energy interests, as well as the emerging clean-energy industry, are controlled by private capital. The amount of resources invested into these industries, and the resulting dominance of one form of energy production over another, are entirely determined by how much profit they yield and their strategic value for U.S. capitalists.
22 Aug
well, the proof of a bottom is usually the insiders ponying up their own money to purchase……….at $13.40, U are a complete IDIOT not to be buying with BOTH HANDS at current price of $13.40 given the BACKLOG of Vestas and the revenue recognition of future contracts for Vestas. Vestas BOOKED more revenues in 2nd Quarter than the ENTIRE YEAR 2009. The future is very bright for Vestas going forward!
Vestas share prices nosedived by around 20% in the aftermath of the results announcement where it was revealed the company had made a £120million loss over the previous three months.
Among those to have taken advantage of the lower share price was Vestas chief executive Ditlev Engel who spent DKK497,955 on 2000 shares.
The biggest purchase was made by Vestas chairman Bent Erik Carlsen who acquired 8000 shares for DKK1,959800 (£217,159).
All of the purchases either happened over the last two days.
Other Vestas board members to have bought shares in the company following the Q2 results announcement include president Vestas Technology Finn Madsen, Bjarne Sorensen president Vestas Control Systems and board member Michael Lisberg
21 Aug
Imagine a wind turbine with SOLAR when the wind is not blowing……….yep, APWR is on the trail of blazing new territory using the EvaTech aquisition in Solar and equipping a WIND TURBINE with Solar Panels when the wind is NOT blowing……….envision the future………using DPG model HybridWindSolar
20 Aug
Based on the Obama administration’s initiative to generate 20 percent of the nation’s electricity from wind energy by 2030, the American Wind Energy Association predicts 315,000 megawatts of new wind capacity will be installed. According to AWEA calculations, that will result in a need for approximately 30,000 new wind technicians to support the 185,000 wind turbines forecasted to be in operation
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