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Gold/Mining/Energy : Sun Tech Power Holdings Co Ltd

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From: solarpower1/1/2006 3:03:49 PM
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so far, so good. STP has worked out well. i think this stock can run to 33 or so, but that would be about fair value until more data comes out. watch spwr and eslr market caps for an idea of how to value stp.

if they line up their silicon, like they said they would do with the proceeds of IPO, nothing will stop these guys from exploding sales.

they say they will have 240 MW annual capacity at end 2006. they also want to be low cost producer. watch the net margin number when they report. if they get higher net margins with more output, this stock will be $50 in a short time. if you can wait 2 years, this is a $70 stock

if they have 23% margins as in 2004, they could earn $132 million in 2006, or $.91 per share. an 80 PE is $72 stock

at this point, we need the 4Q 2005 numbers. stay long for now.
simeon
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