SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jurgis Bekepuris who wrote (31205)7/25/2008 3:53:14 PM
From: E_K_S  Read Replies (1) of 78628
 
Started a small position in DuPont (DD). Their Solar Division is what intrigues me to start a small position. The CEO stated that they expect to more than triple their solar sales. I did not even realize that this company had a division that manufactured such materials.

DuPont expects to more than triple its solar sales
media.cleantech.com
From the article:"..."It's a business for us that was well less than $100 million just three years ago — is $300 million today. Very profitable product line for us," said Charles Halliday, CEO of the chemical maker, at an investor's conference in New York.

"We believe it can be $1 billion within five years."..."

They are building a new Solar R&D facility in China
media.cleantech.com

DuPont is experimenting with a polymer ester derived from soybeans called Solamet. This thick film pastes is used on the front and back side metallization of solar cells. If they are successful in developing a high capacity manufacturing process for this material, it will make solar panels more efficient and durable.
June 11, 2008 renewableenergyworld.com
DuPont Expands Production of Solamet Thick Film Paste

Forward PE is 11.8, pays a 3.6% dividend and has a good ROE of almost 30%.

My other solar play stock is AMAT. Stock is hitting new lows but for now, I think DuPont looks more interesting.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext