Jan

29

Solar EnerTech Corp.’s Revenue is Up

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Solar EnerTech Corp. (Public, PINK:SOEN) is a solar product manufacturer.  The Company’s products are monocrystalline silicon and polycrystalline silicon solar cells and solar modules.  Solar EnerTech Corp. operates within a single operating segment, the manufacture of solar energy cells and modules in China.  They sell solar modules to solar panel installers who incorporate its modules to form the building blocks for solar power generating systems.  The technology operates two 25MW solar cell production lines and a 50 megawatts (MW) solar module production facility.

In addition, the Company also manufactures photovoltaic solar cells, and designs and produces advanced PV modules for a variety of applications, such as standard panels for solar power stations, roof panels, solar arrays, and modules incorporated directly into exterior walls.  Their manufacturing operations and fixed assets are all based in China.  The solar energy cells and modules are distributed to customers, located in Europe, Australia, North America and China.

Recently they announced that their revenue in 4th quarter in 2010 will have grown by 32.5% over the prior year’s quarter. For fiscal 2010, the company expects net revenue of $69.3 million. Here’s their 6 months stock performance (click on the image to view the larger version):

It was slowly declining since last year, but assuming if the projected revenue at the end of fiscal 2010 went up, the stock would start to pick up again in the near future.

Quote of the Day:
It isn’t enough for you to love money – it’s also necessary that money should love you. – Baron Rothschild (1840-1915)

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Dec

4

Puda Coal

Filed Under Energy | 4 Comments

I can’t believe it’s been 2 months I haven’t written a single post. I’ve been so busy doing other projects and completely abandoned this blog. Good thing I now have a little bit of time to do some research and come up with an investment recommendation for you guys.

Ever heard of Puda Coal (Public, PINK: PUDA)? Let me pull what I found on Google Finance:

Puda Coul is a supplier of metallurgical coking coal to the industrial sector in the People’s Republic of China. The Company’s processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda cleans raw coking coal sourced from third-party coal mines primarily located in Liulin County, Shanxi Province, and markets the cleaned coking coal to coke and steel makers in Shanxi Province, Inner Mongolia Autonomous Region, Hebei Province, Beijing and Tianjin.

China is currently in needs of basic materials since they need to accommodate their fast population speed by building more housings, buildings, real estates, etc. China’s Puda Coal was rumored to be getting bought by China Shenhua Energy Co. of Beijing – the biggest Chinese coal company which produces approximately 170 million tons of coal a year from 21 mines and builds power plants. Not sure if that will ever happen (Frankly, I was hoping they would buy Puda Coal since it’s going to drive Puda Coal stock up through the roof).

Above it’s their stock performance in the past 3 months. I was trying to figure out why the stock was tanking; I had visited a lot forums, blogs, etc but nobody seems to know why it is going down. However, some people are still recommending to buy them because the price is now much cheaper (It is now traded at $0.95/share – went up by $0.12 today). I’ve looked at the demands and it seems like the demands started to pick up a few days ago. So I’m convinced they will most likely get back at $2 range sometime next month.

I might recommend you to get some while it’s cheap. But make sure you keep yourself aware of anything that’s going on with the company.

Quote of the Day:
In a market like this, every story is a positive one. Any news is good news. It’s pretty much taken for granted now that the market is going to go up. – Wall Street Journal article, 8/26/87

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