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

barwoni

thanks for that researched insight. The Chinese govt would disagree with you

:)

F18

If barwani had purchased them at 99p or less than the research would have been good,for some reason its a way of putting people off their investment,so they sell in panic and we buy them cheap,that is my research,i might be wrong.

how many companies do you know who have sold their entire output for the next 18 months and been paid up front for it?!!!!

I'm just gonna start ignoring ill informed and immature comments

F18

COMPLETELY AGREE WITH YOU FORTITUDE 18.

Barwoni, the point with Solar Energy in China is that with their sunshine record, it becomes a lot more efficient. Somebody posted what I hope is an accurate and very interesting piece of info on this over on ADVFN.

Also the figures, as others (Forti) have said, speak for themselves.

Currently not an investor - just came up on my radar this morning. Lots of info over at ADVFN and many comparisons being made with Suntech. I agree with Fortitude18 that this could be misleading for the reasons mentioned in post 36.

Many Chinese stocks do well initially mainly because they tend to be underpriced at placing eg CHNS. However, with SOLA, there are some good points - healthy order book, good financials, being in the renewable energy sector and in recycling.

The SP appears to be taking a breather and once the speculators leave, this should motor and if other Chinese stocks are anything to go by, I think we'll see 225p within 12 months, subject to usual market conditions, currency fluctuations, silicon prices and, most important, the demand for solar energy as a viable renewable source (if Germany is anything go by, I do not forsee a problem here). All IMHO and please DYOR.

However, I'm not at all comfortable that this company is incorporated in BVI thus gaining exemptions from issuing RNS for major movements in shareholdings. I would welcome all thoughts on this matter from anybody because my knowledge about companies incorporated in BVI is zilch. Thanks & good luck to all investors.

Err lads maybe best taking a look at SIT a Sunny California company listed on aim and with orders in the region of 200 mill us.....300p down to 40p......

Solar.........

http://www.moneyam.com/quote/index.php

Re: SIT. Why as it fallen so far if its such a good investment? Think I will stick with SOLA thanks.

cheers

F18

Barwoni, SIT had cashflow problems because of poor financial management. Also, their core activity is manufacture of non-residential building integrated photovoltaic (BIPV) roofing systems. This sector has seen growth of 35% per annum the past 3 years but companies like SIT could not deliver for various reasons like lack of resources, cashflow, past management emphasis on sales instead of production etc. In my opinion, I feel it's not right to compare SIT with SOLA. However, it's possible these same problems can arise with SOLA as we in UK do not have sufficient knowledge of the SOLA's management team but if the historical financials are anything to go by, I very much doubt SOLA will encounter similar problems. Generally speaking, I have rarely come across a Chinese company not meeting it's targets because of lack of resources or cashflow. All IMHO and please DYOR.

Thx for that input ramu.

a company like Motech would not enter into a 3 year supply agreement if they thought SOLA could not execute its side of the bargain. Large companies do credit checks and financial viability checks on their suppliers before entering into these agreements. If SOLA let Motech down that fcuks up Motechs production output. Would Motech take that risk? Of course not.

With SOLA you get added value throughout the production process. Explains why margins are so competitive

F18

Pity the SP took a bit of a dump, particularly in the last half hour. Seems like all the world's markets caught a cold today, in spite of falling oil prices.

barwoni - all of 2006 & 70% of 2007 order book already filled at SOLA.

i see our very own Shares mag have mentioned Renesola experiencing 'meteoric' growth but concerns about silicon supply. the mgt have already assured its customers that this is not an issue for the foresseable future

F18

Big ol' spread again today: SOLA Bid: 135p Offer: 142p Change: 0.5

MM's shaking out some stock for the next run :o)

Shares mag doesn't seem to have it's finger on the pulse.

only because they do not say what you/we would like .... e.g. a "must buy"

cynic

the mag's analysis was crap. its taken people on advfn weeks to understand the compnany and the industry in which it operates so some stressed out hack on a second rate invest mag isn't gonna do much better and it showed.

f18

f18 - agreed.

Haven't read the article as my issue is still in the post, but could it be that Shares Mag missed the point about SOLA using other people's waste? Which IMO ought to make things easier rather than harder.