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

don't care why the drop ..... more to the point is the short term prognostication .... my guess is consolidation at best; fairly significant fall likely

I am not at all comfortable with the tenor of post 715 .Although one normally eschews the use of multi syllable words one finds it patronising,pretentious, and indeed arrogant.

that's your prob, not mine ..... my prognostication (assume you understand that polysyllabic word, though prob does not appear The Sun) may be right or it may be wrong, but that's the way i see it

Taken from advfn,hope madelex does not mind.
Recent email from the company.


From : ir
Sent : 22 February 2007 05:42:56
To :
Subject : 答复: (瑞星提示-此邮件可能是垃圾邮件)Trading Update question

Dear Alex,

Thanks for your note and sorry for the confusion.

As you may be aware, most of our 24 wire saws started operations only
recently. Breakage rate that is higher than expected results from a number
of factors: 1. learning curve for saw workers; 2. We're pushing for thinner
wafer at 200 microns. Industry norm is that thinner the wafer, higher the
breakage rate. If you check around with any wafer manufacturer, you would
find that it's normal to have an initial higher breakage rate when wafer
thickness approaches 200 micron. With a thinner wafer, profitability should
be improved due to more number of wafers to be sliced from one kilo of ingot
without sacrificing on conversion rate of a wafer. Initial higher breakage
rate has a temporary negative impact on output. This is a short term pain
for the sake of long term gain.3. much more strict quality control measures
are put in place. Our product quality is well recognized in the market and
is well received by our customers including international major cell
manufacturers like BP Solar, Motch and Suntech.

The issue is being dealt with and progress has been made as stated in the
trading update. We are working hard to resolve this and the breakage rate is
coming down. While we are making good progress, we expect that this would be
all resolved in a month or so.

Hope above clarifies.

IR Department

Nice move before the close: SOLA Bid: 592p Offer: 603p Change: 25.25

And there's more !! SOLA Bid: 601.5p Offer: 605p Change: 35

cynic,

YOU WILL NOT LISTEN TO SOUND ADVICE WILL YOU

f18

forti .... i am delighted to have banked a fat profit, just as i have with CSR and SHP and POG and a couple of others last week ..... both SHP and POG (especially) have gone further ahead, but so what?

Using your logic (perhaps not quite fairly) one should not have banked a profit with VOG when they were just short of a natural resistance of 200 and heading north ..... you would have chortled gleefuly as they increased a further 25% to about 250 ....... but you would quickly have ended up being well roasted as they crashed out of favour.

SOLA may well have much much further to travel, and it is not unlikely that i will be tempted back in, either after a sharp correction (badly overdue i feel) or perhaps when a bit higher again because that correction did not occur .... i could easily regret the latter course of action!

by the way, there is no call at all to shout!

Morning all.

SOLA Bid: 615p Offer: 619.5p Change: 8

And getting better: SOLA Bid: 626p Offer: 628p Change: 21

looks as though Cynic has missed several boats this morning (SOLA, VML etc), but never mind ...... am already pretty extended and portfolio has certainly done well enough this morning.

SOLA
Pleased to note that Diverso seem not to be dumping any of their holding

price target for 2007 end - 12.50

f18

forti .... says whom?

i do

f18

Cynic -third person disease-wouldnt you know it.Any one going to the live event next Monday?

third person disease = not understood

only the Queen refers to herself in the third person..

anyone know that the payback period on one furnace is only 6 weeks. You will not find that Return on capital invested on any company in the FTSE3000 other than SOLA

f18

quite so, but still fail to see the relevance of the comment ..... grammatically, i am pretty sure i am correct, though happy to be corrected

Significant news just out.....

ReneSola Ltd ("ReneSola" or the "Company")

Significant Shareholdings in the Company

The Company has undertaken a review of its share register and discloses below
the Company's Significant Shareholders (being a shareholder of 3 per cent or
more of the Company's issued shares) as at 9 February 2007.

The information contained below was obtained from the Company's registrar.

Shareholder Number of Shares Percentage
Interest

Li Xian Shou* 39,534,019 39.5

Wu Yun Cai** 20,366,010 20.4

Diverso Management Limited 6,604,164 6.6

Morgan Stanley Investment Management 3,138,945 3.1

*Mr. Li Xian Shou's shareholding is held through Ruixin Holdings Ltd, a company
incorporated and registered in the BVI.

**Mr. Wu Yun Cai's shareholding is held through Yuncai Holdings Ltd, a company
incorporated and registered in the BVI.

Following this review the Company has become aware that the following parties
are no longer Significant Shareholders.

The Eureka (Euro) Fund Limited

Polar Capital Partners Limited

Improve Forever Investments Ltd

RAB Capital plc (including shares held by RAB Special Situations (Master) Fund
Ltd and RAB New Technologies (Master) Fund Ltd)

The Eureka Interactive Fund Limited

Enquiries:-

In China:

Charles Bai, CFO

ReneSola Ltd

cynic, you certainly got your 'correction' prediction right on target today.