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

Cahors can be good, but it needs at least 10 years bottle age ..... In fact, so hegfty was it, that in years gone by it was known as "black wine of Cahors" ..... However, did find a very good everydayish white wine - Ch La Jaboutie "Mimosa", which is far better than their standard stuff ...... Prob obtainable over here, but have yet to investigate

Thank you to Soul* ...... hung on to my modest holding these despite their modest dip and am glad to see that they now seem to have come good with A1 results

Good morning Cynic.

My pleasure - I am as pleased as you to see that this has broken into profit after the hesitation of the last couple of weeks.

This ought to be just the beginning. Pity the 20% rise of the early morning hasn't held; ADVFN punters think this was an overreaction to a recent tip in Small Company Share Watch that was ruthlessly exploited by the MM's.

However, if you're taking a remotely medium-to-long-term view of this stock then it won't be a cause for concern. I'm guessing we're both in profit, so it's a good start. :o)

Still ticking up-it's not too late to join the party!!! This one will be a multi mega for sure-12 days to the end of quarter 3 and when those figures come out they will prove this is not a ramp!

ready for take off today!

excellent rise today - nice and steady throughout the day too!

Can't wait till those results come out :o)

talk of a buy note doing the rounds which would explain the huge vol yesterday,as usual PI's see it second.

10p pre-opening rise also noted, though that may prove illusory

off to a flyer with a 50000 MM buy.

Nice at the moment: SOLA Bid: 170p Offer: 172p Change: 4.5

Qtr 3 figures not far away-then light the touch paper.

Qtr 3 figures not far away-then light the touch paper.

then up like a damp squib? ... lol!

Unlikely, Cynic, or you wouldn't be holding ;o)

don't get burnt by damp squibs ..... only by falling into the bonfire when the rocket falls like a stick

Afternoon all. Just by way of giving the pot a stir, I've been exchanging a few thoughts about eventual earnings over on the other BB. SOLA should hit output of 125MW-worth of PV cells sometime in 2007.

A fag-packet calculation suggests the figures for a theoretical financial year sometime betweem 2007 - 2008 could add up as follows (based on figures lifted from the recent quarterlies):

full-year's EPS just over 40p,
on production of 125MW-worth of product,
for an SP of 568p a share,
at an arbitrary but hopefully reasonable PE of 14.

IMO, PDYOR, etc.

LONDON (AFX) - Buyers came for ReneSola in the wake of trading update and the shares advanced 10-1/2 pence to 182-1/2.

The manufacturer of wafers for the photovoltaic industry disclosed that all 54 additional monocrystalline furnaces planned for 2006 are now in full production, bringing the total number of furnaces currently in operation to 90, which is equivalent to an installed capacity of 80 MW per annum.

The first wire saw for the slicing of ingots into wafers has also now been

fully commissioned and is now fully operational.

Excellent news! Ian, thanks very much for the post as I am having difficulty accessing certain sources of info this morning.

and never mind 10p, here's the latest SP: SOLA Bid: 193p Offer: 196p Change: 22.5

ST

I genuinely believe that your 'fag-packet' calculations for forecast eps of 40p as posted above could easily be surpassed.

Even after the rise today the share price looks extremely attractive.

Ian

Ian,

I agree on both counts, but like to stay a little bit conservative with my estimates. There are too many punters on the other side coming out with figures like 10 a share without providing any support for their guesswork; also some people out there just don't have a Scooby-Doo when it comes to fundamentals, reading financial info, etc.

I'd prefer to revise my estimate upwards if the situation calls for it in six or twelve months' time. The potential four-bagger I believe I'm sitting on is already a good enough reason to invest.

Best of luck.
ST.