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Non-Tech : Alternative energy -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (8322)	7/16/2010 11:35:38 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 16955

2Q10 TSL, YGE, STP preview: seekingalpha.com M.C. ASP GM int rev profit TSL 1.10 1.65 31 10 355 38 YGE 1.14 1.66 31 13 360 16 STP 1.35 1.66 18 22 570 5 M.C. = module manufacturing cost, in $/watt ASP = average selling price, in $/watt int = net interest expense, in M$ profit = net income, in M$ (In 1Q10) many companies posted net foreign exchange losses upwards to 25 million usd. With the euro depreciating over 9% during the second quarter, these losses will probably be even larger. my comment: the pattern seen in 4Q09 and 1Q10 continues: TSL and YGE have better gross margins, lower manufacturing costs, lower net interest expenses. All 3 have big forex losses again. Trina's share count balloons to 79M. STP falls further behind, and is barely profitable, making only 5M$ net profit on 570M$ of revenue.