Sunpower
Last:0.205
+0.013
A temporal sell down due to profit warning
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1-15 of 15
There you are . . . though so far illiquid, now it is gaining much more than blue chips within a day. Thanks I have collected it while it is very illiquid counter!
artng25 ( Date: 20-Jul-2010 14:40) Posted:
| This super laggard is finally starting to move
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This super laggard is finally starting to move
super laggard.....with super result........hope to see some movement......................
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Sunpower Group posts 51.1% rise in 3Q net profit to $3m |
Tags:
Sunpower Group
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Written by The
Edge
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Wednesday, 11 November 2009 21:20 |
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Sunpower Group, the China-based heat transfer technology specialist,
says it posted a 51.1% y-o-y increase in net profit attributable to
shareholders of RMB14.7 million ($2.99 million) in 3Q2009 from RMB9.7
million in 3Q2008.
Sunpower says the improvement is mainly due to strong internal and
operational management enforced by the group, leading to an improved
net profit margin of 9% in 3Q2009 as compared to 4.4% in 3Q2008.
Revenue decreased y-o-y by 25.2% to RMB163.8 million in 3Q2009 from
RMB219.1 million in 3Q2008 mainly due to the timing difference in the
delivery of contracts. Out of the group’s four business segments,
Energy-saving and Environmental Protection Systems segment registered a
y-o-y increase in revenue contribution as a result of higher percentage
completion in large contracts recognised during 3Q2009 as compared to
3Q2008.
As it continues its move into manufacturing high-end products, the
group saw an improvement in gross profit margin to 20.8% in 3Q2009 as
compared to 15.6% in 3Q2008.
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sori try this
insteadlawcheemeng ( Date: 21-Oct-2009 12:45) Posted:
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Contract from Hyundai Steel is a great boost for sunpower toward international market. Buy before institutional buyers position.
accumulating,,,shooting up soon
profit only down by less than a million,,,ok lah no big deal,,their book contracts are more than than that..
Rebound in sight. Those sidelined may enter.
Attached is the bollinger band generated and the meaning of bollinger band in theory....
Bollinger Band is A band plotted two standard deviations away from a simple moving average.
Because standard deviation is a measure of volatility, Bollinger bands adjust themselves to the market conditions. When the markets become more volatile, the bands widen (move further away from the average), and during less volatile periods, the bands contract (move closer to the average). The tightening of the bands is often used by technical traders as an early indication that the volatility is about to increase sharply.
This is one of the most popular technical analysis techniques. The
closer the prices move to the
upper band, the more overbought the market, and the
closer the prices move to the
lower band, the more oversold the market.
0725 GMT (Dow Jones) Sunpower Group (
5GD.SG) may snap largely unbroken slide
since record peak of S$0.56 set earlier this month, as investors brush aside
expected lower 1H results to focus on FY08 outlook. Stock +4% at S$0.385 after
China-based maker of energy-saving products says latest win of CNY37 million
contract to produce special material pressure vessels for chemical giant Shanghai
BASF will boost FY08 results; vessels due for delivery in 1H08. Shanghai BASF is
JV between German chemical group BASF, China's Sinopec. Stock hit 4-month low of
S$0.355 last week after firm said it expects lower 1H earnings on-year due to
lower profit margin, higher operating costs, increased financing costs; results
due Aug. 13. Bollinger bands, daily RSI show stock oversold, suggesting rebound
may be near, though volume yet to pick up. Resistance for now at S$0.40, where
offers most substantial. (FKH)
Energy-Saving Specialist Sunpower Group
clinches Letter of Award to supply special
material pressure vessels worth
RMB37 million
Letter of Award made with Shanghai BASF Polyurethane Co. Ltd.
Pressure vessels to be completed and delivered in first half 2008, impacts
FY08 results
Letter of Award consolidates Sunpower?s leading position in pressure
vessels.
Singapore, 30 July 2007 ? Sesdaq-listed Sunpower Group Ltd. ( 中圣集团 ,
?Sunpower? or ?the Group?), a China-based heat transfer technology specialist
engaged in the design, R&D and manufacture of customised energy-saving and
environmental protection products for diverse industries, has inked a RMB37 million
Letter of Award with Shanghai BASF Polyurethane Co. Ltd. (上海巴斯夫聚氨酯有限
公司,or ?Shanghai BASF?) for the manufacture of special material pressure vessels.
Shanghai BASF Polyurethane Co. Ltd., is a Joint-Venture between German chemical
multinational company BASF (巴斯夫集团) and China petroleum and chemical giant
SINOPEC (
中国石化
or China Petroleum and Chemical Corporation)
Under the Letter of Award, Jiangsu Sunpower Technology Co., Ltd. (江苏中圣高科技
产业有限公司), a wholly-owned subsidiary of the Group, will manufacture and deliver
the pressure vessels in first half 2008 (?FY08?). It will thus impact FY08 results. This
agreement will, however, not affect the earnings of the Group for the financial year
ending 31 December 2007.
This stock looks very cheap looking at FY08 valuation. If you notice, the stock is able to clinch contracts from big china oil firms and soon more to come from middle east. Strong buy at this depressed price. Dun forget weeks ago it is trading near 55c
A big drop that came out of the blue, maybe taking advantage of fear when the dow is down 226 points and played us like fools. Then announce that they have secured a contract with China Railway worth RMB51.84million. Lets see the outcome today.
Hi All,
A good opportunity to buy into this stock, Major investor have accumulated this stock slowly from 42c upwards. Good potential and i suspect the lower profit guidance is due to its quick expansion.
Target at 48 cents in coming days
THE DAILY EDGE 
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