Note POEMS rating below was in 11 Aug when they are said to cum at 26-28 cents.

It's your call if you buy, cos i am not BT yet.... haha cheers

I can't commit as it was down yesterday, but i can share news on it.you got to decide yourselve, i got mine at 44 cents 2 days back

Phillip Securities starts Sunpower Group (5GD.SG) at Buy with $0.46 direct price, supported on 12x P/E, according to Dow Jones.

Broker expects China-based specializer of energy-saving products to goodness from ascension obligation in country’s decent forcefulness sector.

“Huge money has been spent on infrastructures that module attain previously unfeasible projects of the wind, solar, hydro and thermonuclear forcefulness sectors today pretty to rattling profitable. And, feat by Sunpower’s chemical business clients, there is no letting up in cost of stock outlay on energy-related projects,” says Phillip Securities.

Notes consort has 64 revenue-generating patents. Shares soured 1.7% at $0.285.

Non-fossil energy is the future.

    Continued growth in this area eg. solar power, is virtually a certainty.

         Thus, companies dealing in such products should

                have bright growth prospects ahead... 

BullishTempo      ( Date: 11-Nov-2010 07:12) Posted: Yes you right. Sunpower has potential, thanks for introducing this stock to us  If it was announced yesterday after market closed, today should see a spike. You can confirm it was announced yesterday after market closed?

Icetomato, as far as i knew BB accumulation is 26-28 range.

The 19 cent batch already distributed liao.... cheers

ok, i go queue for pre opening then, if i queue at .40, i will most likely get it at opening price right?

if so then lets jump together 

Unlikely to go bunkrupt., this chap had backup from China garment.

The garment jus financed them with 1 over million sgd on R&D.

Too bad i bought it 2 days back (5 lots 34 cents) when i told you something is happening

base on chart if you recalled.

BT Sorry, i was away for breakfast jus now.

The Q3 report came last nite after 8pm.

The new contract announcment came an hr after that.

Both report in sgx atm.

BullishTempo      ( Date: 11-Nov-2010 07:12) Posted: Yes you right. Sunpower has potential, thanks for introducing this stock to us  If it was announced yesterday after market closed, today should see a spike. You can confirm it was announced yesterday after market closed?

Ok got to go out for awhile.

I should be back at 11.

Usually I don't play low market capitalization stocks.

Coz, anytime they can just close down and go bankrupt compared to the blue chips.

But its up to you of course   

Tags: Sunpower Group

WRITTEN BY THE EDGE

WEDNESDAY, 10 NOVEMBER 2010 23:21

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Mainboard-listed Sunpower Group, the China-based heat transfer technology specialist engaged in the design, R&D and manufacture of customised energy-efficient, energy-saving and environmental protection products, recorded a year-on-year (yoy) increase of 38.4% in net profit attributable to shareholders of RMB20.4 million ($3.95 million) for the three months ended 30 September 2010 (3QFY2010). The double-digit growth is attributable to the surge in delivery of completed orders for the Heat Exchangers and Pressure Vessels segment and Heat Pipes and Heat Pipe Exchangers segment. Revenue jumped 62.3% yoy to RMB265.9 million in 3QFY2010 from RMB163.8 million in 3QFY2009. The significant increase is attributable to: 93.1% surge in Heat Exchanger and Pressure Vessels segment, contributing RMB183.2 million in sales. 64.4% boost in Heat Pipes and Heat Pipe Exchangers segment, bringing in RMB50.4 million in revenue. The group reported a 2.4 percentage points increase in gross profit margin to 23.2% in 3QFY2010 from 20.8% in the corresponding period last year. In line with the better gross profit margin, gross profit climbed 80.9% from RMB34.1 million in 3QFY2009 to RMB61.7 million in 3QFY2010. The group’s balance sheet remained healthy, maintaining cash and bank balances of RMB187.7 million as at 30 September 2010. Inventories increased 19.2% to RMB250.4 million as at 30 September 2010 due to more raw materials purchased and work-in-progress products manufactured to meet the higher demand for Sunpower’s products.