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ETFsRule (< 20)

Don't miss out on Nordex...



February 23, 2010 – Comments (2)

I'm loading up on Nordex this week (NRDXF.PK)

For anyone unfamiliar with Nordex, they are one of the fastest-growing companies in the wind energy market. Right now they are ramping up their operations in China and the US, with tons of orders coming in, especially for American windfarms located in the midwest. They recently opened a manufactuing plant in Arkansas, and they have plans to hire a lot of new employees to support their growth in the US.

Right now, the stock is around $12/share. I don't think we will see it go any lower. And I would almost guarantee that if you buy it right now and hold the stock for the next 5 years, you will see outstanding returns. The wind energy market is expected to grow at least 25% per year over that period... and Nordex is one of the most well-managed companies in the industry, so I would expect them to outperform the industry as a whole. Get in before it's too late.

2 Comments – Post Your Own

#1) On February 23, 2010 at 11:05 AM, jansche (< 20) wrote:

I've had a look at the incoming orders (there is near to nothing ...) - ordr book is shrinking - and if  read the presentation and last quarter report china buisness is not growing ...


A wind company from Germany that is realy taking part in china  is Repower - they are giving the license to Dongfang for their 1.5MW machines and some other companies ...

They have a strong quality based foothold in Europe based on their high quality machines and are right now ramping up their offshore-windpower buisness - based on a long proven 5/6MW machine they have developed now for nearly a decade (tested since 2004) ...

When it coms to offshore there is nothing so close to Siemens a Repower (Nordex has no chance to get into this market without a machine ...)

In the US  Repower has also build up several hundred machines - and my specultion is that they will overtake a good chunk of the former customers of suzlon (major shareholder in Repower Systems AG). For example John Deereis now customer of Repower.

Furtheron they just have won a 954MW-tender/frame-contract in Canada ...


So when you look for a company that will benefit from the US, offshore in Europe and even through liceces and a jointventure form the Asian marketplace - then look at Repower ...


BTW. : Compare the order books - Repower has had in december 1.7 billion of fixed orders and more than 5 billion including frame contracts - by adding huge offshore-order - normaly in the size of several 100 mio euros (like for example in January "Nordsee Ost" form the big German utility RWE) this orderbook is growing - even in these decent times right now - copare this to what ordex has to offer ...


Best regards ... 

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#2) On February 25, 2010 at 12:34 PM, ETFsRule (< 20) wrote:

Thanks very much for the reply! This is some great information, and I am now leaning towards Repower for my next stock purchase.

As for Nordex, I am going to continue to hold the shares that I already own. Their orders are down right now, but I believe they are a very well-run company, and I expect their business to pick up over the next year or so. They are still establishing their presence in the US by setting up their new North American headquarters, and by opening their new manufacturing plant, which will be up and running in the 2nd half of 2010.

As their CEO said, "We are positioning ourselves for the market surge around the corner". There's going to be some fierce competition, and I will be very happy to own shares of both companies.

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