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Renesola - want to see huge growth ? Look no further !! (SOLA)     

whatuwant - 21 Aug 2006 13:28

Read the latest interims.......just make sure that you are sitting down.

Chart.aspx?Provider=EODIntra&Code=SOLA&S

cynic - 14 Jun 2007 12:15 - 1120 of 3050

you may well be right, but pissing against the wind can be an unpleasant experience!

goldfinger - 14 Jun 2007 13:09 - 1121 of 3050

Especially if your wearing light coloured kecks.

kitosdad - 14 Jun 2007 13:11 - 1122 of 3050

can ALSO be an unpleasant experience for someone sitting on the fence, as usual.

goldfinger - 14 Jun 2007 15:25 - 1123 of 3050

Looks to be resistance at 560p.

Thats a shame cant wait for it to get to 588p, but that might take a few years.

cynic - 14 Jun 2007 15:34 - 1124 of 3050

that is what i said several posts back, adding that that was why etc etc etc (don't wish to write it out all over again!)

goldfinger - 15 Jun 2007 02:16 - 1125 of 3050

Pity then.

Ah well looks like the adfvn loons are now taking notice.

kitosdad - 15 Jun 2007 08:14 - 1126 of 3050

GF ... trying using a comma now and again, then just maybe we could make sense of some of your posts.

goldfinger - 15 Jun 2007 10:30 - 1127 of 3050

Getting a fair flaming on ample.

goldfinger - 15 Jun 2007 23:26 - 1128 of 3050

Now that they are paying tax I cant think it will be long before we see provision for bad debt entered into the P@L account.

kitosdad - 18 Jun 2007 12:33 - 1129 of 3050

GF, don't forget to let us know when , and at what price, you open your short.

goldfinger - 18 Jun 2007 13:25 - 1130 of 3050

A good point made by Evil K in a historical item (simon cawkwell)......

I see that Renesola (SOLA) has published a full year trading statement saying that pre-tax profits will be $22 million. Now this company does not pay tax but on a normal basis that would be earnings of 7.8 million which puts the stock on an historic PE of 72. Renesola has a thin balance sheet and is not a cash generator. I remain short.

kitosdad - 19 Jun 2007 14:23 - 1131 of 3050

Didn't say you went short GF ... from what SP.?

kitosdad - 22 Jun 2007 16:16 - 1132 of 3050

Must be hurting a bit now GF.

HARRYCAT - 22 Jun 2007 20:47 - 1133 of 3050

Ouch! That's gotta hurt!
I must admit that I agreed with gf in principle & I sold my holding a week ago at a profit, expecting a downturn.
Might get back in if the shorters have their day.

goldfinger - 22 Jun 2007 21:02 - 1134 of 3050

HC, not short.

I said I was going into short at the Bond take out price of 5.88. Its up above.

10% dilution then comes into play and as they are now paying tax at 12% coupled with the increase in shares which will arise, the underlying P/E of 50 plus now will go through the ceiling.

The stock cannot warrant that kind of rating.

cynic - 22 Jun 2007 21:05 - 1135 of 3050

i tend to agree with you GF .... certainly sp is just flip-flopping around at the moment, totally without direction

micky468 - 22 Jun 2007 21:08 - 1136 of 3050

goldfinger for those who don't no .............bottom line in english is ;-))))

micky468 - 22 Jun 2007 21:09 - 1137 of 3050

don't buy

goldfinger - 23 Jun 2007 00:33 - 1138 of 3050

Oh dear, it just gets worse in relation to dilution.

Proposal for the AGM....

5. That the authorised share capital of the Company
be increased from 125,000,000 shares of no par
value to 250,000,000 shares of no par value, by the
creation of 125,000,000 shares of no par value
having the rights set out in the Memorandum and
Articles of Association to be adopted pursuant to
resolution 6 below.

http://www.renesola.com/download/Notice%20of%20Annual%20General%20Meeting--To%20directors%20and%20shareholders%20of%20ReneSola%20Ltd..pdf

Dil - 23 Jun 2007 12:41 - 1139 of 3050

Weren't you negative at 200p gf ?

You got it wrong , move on .
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