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

I've also picked up a few sola at 475-nice bounce today let's hope it continues. results are 16th april.

Dow struggling more than i hoped, and just about holding above 12100 (closed Friday at 12188), though was down on "prognostications" as far as 11962 earlier today

well done Money+ ..... now watch very carefully and set stop loss ...... you could make quite a lot here today, but lose it very quickly .... today's bounce will inevitably be fragile ...... you do not need to read any entrails to KNOW there will be further falls ahead before the markets genuinely bootom out.

oops-down again didn't watch closely enough!! never mind I have confidence in sola but hope to trade in and out occasionally-may rise on US buying this afternoon.

clot, but sympathies ... made a bigger error with Dow a few days ago! ..... if this level (for SOLA) does not hold, then 400 may well be on the cards ..... Isaiah speaks again!

Bin gespannt! as the Germans say. That means I'm waiting expectantly to see whether you are proved right, whilst retaining the capacity for surprise.

Whoever said that English was a more concise language than German?

bend over then you will assuredly have increased your capacity for surprise

btw, surely bin gespannt is perfect tense and therefor in arrears (so to speak!) rather than in the future

Id be rather cauitious of the audited accounts out early April.

Margins

And Negative Cash flow

Could lead to further falls in this one.

We should also get tho know the real amount of profit it as made and that looks down on analyst forecast no matter how you read the latest trading statement.

Literally, "I am tensed". not sure what tense (skating dangerously close to a pun there!) it is, as my grammar is long forgotten; don't ask me, I just speak the language!

Difficult decisions to make here---if I sell I get clobbered by Gordon so I'd thought I'd hold for the 2 year period maybe deprive Gordon but sp might be much lower!!

do you? ..... don't forget CGT allowance of 6/8500

Up 25p in 30 minutes. How the hell are we meant to predict that rise??? Even Mystic Meg & Septic Peg couldn't have forecast that!

sp has now recovered to be smack on 50 dma
as mentioned elsewhere, I still have strong doubts as to the sustainability of the general recovery so ...... if rally peters out, then 50 dma will have shown itself as some sort of resistance ..... if the rally continues, then next hurdle will be 25 dma at 550.

cynic, r u in SOLA...it is a good BUY.

not at the moment though it is a stock i have traded very succesfully over the last few months ..... though the chart pattern is not discouraging, i do not trust this rally one little bit, and if there is another sell off in the very near future (as i think is far more likely than not), the likes of SOLA will be disporportionately whacked - again!

DOW - after a very bright early indication of +20 or so, this has now been firmly reversed to show -30 ...... after several days of strong rises, a retracement is certainly on the cards.

i post the above on SOLA as if Dow retreats, so will FTSE and shares like SOLA are likely to be far more vulnerable than the average ...... that is why i have still to be tempted back in

sorry to report that SOLA is looking tired to soggy and has taken a sudden lurch south ..... look (hope) fro support at about 465

Interesting. When are we expecting results? hang on, i should know this!

Can't see it on the website, but could it be that the FY 2006 results are due by month end?

Reading between the lines on todays statement it appears as I have suspected for a while that this company have cash flow problems.

Certainly will be a dilutive effect on the stock.

Remains to be seen now wether Lemming and the other bull camps remain loyal.

Waiting for the year end results which seem to be taking an eternity to be presented.

ReneSola LTD - Proposed Issue of Convertible Bonds

RENESOLA LTD

PROPOSED ISSUE OF CONVERTIBLE BONDS

The Directors of ReneSola Ltd (the 'Company') (AIM: SOLA) are pleased to
announce the proposed issue of Renminbi-denominated, US dollar-settled 1.00 per
cent. convertible bonds due 2012 (the 'Convertible Bonds') which are
convertible into fully paid-up new shares (the 'New Shares') in the capital of
the Company (the 'Offering').

Deutsche Bank AG, Hong Kong Branch ('Deutsche Bank') has been appointed as the
placing agent for the Offering. On 21 March 2007, the Company and Deutsche Bank
entered into a placing agreement relating to the Offering (the 'Placing
Agreement'). Under the terms of the Placing Agreement, RMB 928,740,000
(approximately US$120 million) principal amount of the Convertible Bonds will
be placed by Deutsche Bank with institutional and professional investors.

The Convertible Bonds will be issued at par and are convertible into New Shares
at a price of 5.88 per share ('Conversion Price'), subject to adjustment for
specified dilutive events. The Convertible Bonds will not be admitted to
trading on AIM or any other stock exchange.

The Convertible Bonds may be converted into New Shares at the option of the
holder at any time on and after 10 April 2007 up to the close of business on 11
March 2012. The Convertible Bonds will accrue interest at 1.00 per cent. per
annum, payable on a semi-annual basis. The Company has the option to redeem all
the Convertible Bonds at an early redemption amount with accrued interest (1)
at any time, if less than 10 per cent. of the Convertible Bonds originally
issued in the Offering remain outstanding, (2) at any time after the second
anniversary, if the closing price of the Company's shares was at least 130 per
cent. of the early redemption amount divided by the conversion ratio, or (3) at
any time upon certain changes relating to applicable taxation law. Holders of
the Convertible Bonds have the option to require the Company to redeem all or
some of their Convertible Bonds at a certain redemption amount plus accrued
interest on the third anniversary. Holders of the Convertible Bonds also have
the option to require the Company to redeem all or some only of their
Convertible Bonds at the early redemption amount plus accrued interest upon the
occurrence of a change of control or a delisting of the Company's shares.

The number of New Shares to be allotted and issued by the Company on full
conversion of the Convertible Bonds is approximately 10,485,683 based on the
Conversion Price, which represents approximately 9.49 per cent. of the current
issued shares of the Company following the Offering. The Company has undertaken
to make a block listing application to AIM in respect of the 10,485,683 New
Shares which may be issued and allotted following conversion of the Convertible
Bonds.

The Company intends to use the proceeds of the Offering for capital
expenditure, working capital and general corporate purposes. The closing date
for the Offering is expected to be on or about 26 March 2007.

The Company is currently in discussion with certain lenders, including Deutsche
Bank, regarding a potential loan for working capital purposes.

The Company now expects that the preliminary results for the year ended 31
December 2006 will be announced during the week commencing 23 April 2007.

In this announcement, exchange rates of US$1 : RMB 7.7395 and 1 : RMB 15.0633
have been used.

ReneSola Ltd Deutsche Bank AG

Charles Bai, CFO Rowena Chu, Managing Director

Tel: +86 573 477 3061 Head of Equity Capital Markets, Asia

Email: charles.bai@renesola.com Tel: +852 2203 8989

Hanson Westhouse Limited Charles Ryland/Suzanne Brocks/Catherine
Breen
Tim Feather
Buchanan Communications
Tel: +44 113 246 2610
Tel: +44 20 7466 5000