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Orde on looks good, especially with new contract signed, can look up in SGX announcement or my post at 6plus in the morning
iPunter ( Date: 11-Nov-2010 08:40) Posted:
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? |
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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
Icymilo ( Date: 11-Nov-2010 08:41) Posted:
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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.
epliew ( Date: 11-Nov-2010 08:38) Posted:
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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.
epliew ( Date: 11-Nov-2010 08:38) Posted:
can buy today or not ?
Icymilo ( Date: 11-Nov-2010 06:58) Posted:
Sunpower bags RMB149.5 million (S$28.8 million1) contract with Asia's largest textile enterprise
• Contract to supply energy efficient core equipment to Heng Li Petrochemical (Da Lian) Ltd
• Adds to the list of major PTA projects secured by the Group
• Contract highlights the Group’s proven expertise in PTA equipment
manufacturing and stellar reputation in boosting energy efficiency
Singapore, 10 November 2010 – Mainboard-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-efficient, energy-saving and environmental
protection products for diverse industries, is pleased to announce that its wholly-owned subsidiary,
Jiangsu Sunpower Technology Co., Ltd., (“江苏中圣高科技产业有限公司” or “Sunpower Technology”)
has signed a RMB149.5 million (S$28.8 million) contract with Heng Li Petrochemical (Da Lian) Ltd.
(“恒力石化（大连）有限公司” or “Heng Li Petroleum”) a subsidiary of Heng Li Group, (“恒力集团” ),
one of Asia’s largest textile enterprises.
Under the contract, Sunpower Technology will supply energy efficient core equipment made up of
titanium and titanium alloy, for phase one of Heng Li Petrochemical’s Purified Terephthalic Acid (PTA)
project. With a PTA production capacity of 1.2 million tons per annum, Heng Li Petrochemical aims to
build a world class environmental plant that integrates energy efficient technology. This latest deal
adds to the list of major PTA contracts that the Group has successfully secured with Zhejiang
Shaoxing Yuandong Petro-chemcial Co. Ltd, Jiaxing Petroleum Co. Ltd, BP Belgium, etc.
Using Sunpower’s highly advanced technological expertise; the pressure vessels will be made up of
Titanium and Titanium alloy, a non-ferrous metal, which is considered a high-end product in the
industry. Expected to be delivered in FY2011 and FY2012, the contract will positively impact the
Group performance over the next 2 years. |
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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? |
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Thanks, Icymilo :) ! I actually did add it to my watchlist after you mentioned. But have not studied into it though.
Icymilo ( Date: 11-Nov-2010 08:21) Posted:
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Icetomato, as far as i knew BB accumulation is 26-28 range.
The 19 cent batch already distributed liao.... cheers
icetomato ( Date: 11-Nov-2010 08:07) Posted:
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can buy today or not ?
Icymilo ( Date: 11-Nov-2010 06:58) Posted:
Sunpower bags RMB149.5 million (S$28.8 million1) contract with Asia's largest textile enterprise
• Contract to supply energy efficient core equipment to Heng Li Petrochemical (Da Lian) Ltd
• Adds to the list of major PTA projects secured by the Group
• Contract highlights the Group’s proven expertise in PTA equipment
manufacturing and stellar reputation in boosting energy efficiency
Singapore, 10 November 2010 – Mainboard-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-efficient, energy-saving and environmental
protection products for diverse industries, is pleased to announce that its wholly-owned subsidiary,
Jiangsu Sunpower Technology Co., Ltd., (“江苏中圣高科技产业有限公司” or “Sunpower Technology”)
has signed a RMB149.5 million (S$28.8 million) contract with Heng Li Petrochemical (Da Lian) Ltd.
(“恒力石化（大连）有限公司” or “Heng Li Petroleum”) a subsidiary of Heng Li Group, (“恒力集团” ),
one of Asia’s largest textile enterprises.
Under the contract, Sunpower Technology will supply energy efficient core equipment made up of
titanium and titanium alloy, for phase one of Heng Li Petrochemical’s Purified Terephthalic Acid (PTA)
project. With a PTA production capacity of 1.2 million tons per annum, Heng Li Petrochemical aims to
build a world class environmental plant that integrates energy efficient technology. This latest deal
adds to the list of major PTA contracts that the Group has successfully secured with Zhejiang
Shaoxing Yuandong Petro-chemcial Co. Ltd, Jiaxing Petroleum Co. Ltd, BP Belgium, etc.
Using Sunpower’s highly advanced technological expertise; the pressure vessels will be made up of
Titanium and Titanium alloy, a non-ferrous metal, which is considered a high-end product in the
industry. Expected to be delivered in FY2011 and FY2012, the contract will positively impact the
Group performance over the next 2 years. |
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morning..... huat ah !
icetomato ( Date: 11-Nov-2010 07:43) Posted:
Good morning! I just woke up too. And yes, I do sleep late, trying to change the habit and has been improving.
Good luck for today, everyone! Trade with care. :D .
BullishTempo ( Date: 11-Nov-2010 06:10) Posted:
Wow so late? I just woke up, had a good sleep  |
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Wah... Really??? Haha...
bladez87 ( Date: 11-Nov-2010 08:18) Posted:
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
icetomato ( Date: 11-Nov-2010 08:07) Posted:
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Icetomato, as far as i knew BB accumulation is 26-28 range.
The 19 cent batch already distributed liao.... cheers
icetomato ( Date: 11-Nov-2010 08:07) Posted:
You jump I jump! Haha.
bladez87 ( Date: 11-Nov-2010 07:57) Posted:
| ok i buying sunpower also! actually thought of buying 2-3 days ago when someone intro us to it. cause i also see the potential for it. but this 1 confirm need to lock up. and the fact that BB accumulated at 19 cents, is a big concern that they might dump all after the results. but ya good stock, might jump in for this 1. |
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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
icetomato ( Date: 11-Nov-2010 08:07) Posted:
You jump I jump! Haha.
bladez87 ( Date: 11-Nov-2010 07:57) Posted:
| ok i buying sunpower also! actually thought of buying 2-3 days ago when someone intro us to it. cause i also see the potential for it. but this 1 confirm need to lock up. and the fact that BB accumulated at 19 cents, is a big concern that they might dump all after the results. but ya good stock, might jump in for this 1. |
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Unlikely to go bunkrupt., this chap had backup from China garment.
The garment jus financed them with 1 over million sgd on R&D.
BullishTempo ( Date: 11-Nov-2010 07:23) Posted:
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
BullishTempo ( Date: 11-Nov-2010 07:21) Posted:
For penny stocks, I guess 3.95m is ok.
More importantly is the growth. |
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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.
BullishTempo ( Date: 11-Nov-2010 07:16) Posted:
Yes I just read the report. 38.37% growth on profits q-on-q. You bought yesterday? Today sure spike up! Congratulations! You are learning how to play earnings season correctly. Learning to pick potential good stocks with good business prospects is the most important step! 
Icymilo ( Date: 11-Nov-2010 07:12) Posted:
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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? |
|
You jump I jump! Haha.
bladez87 ( Date: 11-Nov-2010 07:57) Posted:
| ok i buying sunpower also! actually thought of buying 2-3 days ago when someone intro us to it. cause i also see the potential for it. but this 1 confirm need to lock up. and the fact that BB accumulated at 19 cents, is a big concern that they might dump all after the results. but ya good stock, might jump in for this 1. |
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ok i buying sunpower also! actually thought of buying 2-3 days ago when someone intro us to it. cause i also see the potential for it. but this 1 confirm need to lock up. and the fact that BB accumulated at 19 cents, is a big concern that they might dump all after the results. but ya good stock, might jump in for this 1.
Good morning! I just woke up too. And yes, I do sleep late, trying to change the habit and has been improving.
Good luck for today, everyone! Trade with care. :D .
BullishTempo ( Date: 11-Nov-2010 06:10) Posted:
Wow so late? I just woke up, had a good sleep
icetomato ( Date: 11-Nov-2010 01:37) Posted:
| Good night as in, "I'm going to sleep, good night! |
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Ok got to go out for awhile.
I should be back at 11.
BullishTempo ( Date: 11-Nov-2010 07:23) Posted:
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
BullishTempo ( Date: 11-Nov-2010 07:21) Posted:
For penny stocks, I guess 3.95m is ok.
More importantly is the growth. |
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|
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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
BullishTempo ( Date: 11-Nov-2010 07:21) Posted:
For penny stocks, I guess 3.95m is ok.
More importantly is the growth. |
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For penny stocks, I guess 3.95m is ok.
More importantly is the growth.
| Sunpower Group’s 3Q rose 38.4% to $3.95m |
Tags: Sunpower Group
| WRITTEN BY THE EDGE |
| WEDNESDAY, 10 NOVEMBER 2010 23:21 |
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.
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