Hello, Fool! | Login | Signup | My Fool
Dec 5, 2008 7:45 AM ET | Feedback | Site Changes | Help
A solar energy company that designs, develops, manufactures and market a variety of PV cells and modules. Also provides PV system integration services in China.
View All Commentary (STP)
Recs
BeezerFool (< 20) Submitted: 11/10/07 11:13 PM : Start Price: $60.05 STP Score: -46.57
STP is my 3rd pick in the solar energy universe after FSLR and SPWR (see my pitches for them).---------------STP has three competitive advantages: China, China & China.---------------STP is the largest, most mature fully integrated solar company in China. This gives STP low China cost advantages through the whole manufacturing chain from producing polysilicon, drawing ingots, slicing wafers, making cells and assembling modules. ---------------China is the fastest growing major economy in the world. ---------------It also has the fastest growing energy demand. It has massive pollution problems using dirty coal. It has significant concerns about sourcing and securing oil and gas imports the prices of which are set to rise significantly over the next decades.---------------Consequently China has adopted a 15 year plan for alternative energies to take up 20% of the Chinese generating capacity! Solar energy will take the lion's share of this segmant. The Chinese demand growth for solar energy ofver the next 15 years is mind boggling.---------------As China's premier solar company STP is set to take the largest market share in the fastest growing global solar market!---------------Add to this that STP is the second most technologcally advanced company after SPWR in the conventional polysilicon solar market and is set to reach grid cost parity shortly after SPWR.---------------Two further kickers for STP is that they are also looking to start their own thin film production (no details yet) and the possiblity that STP will list in China in the not too distant leading to increased demand for their shares.---------------Finally STP are good value in terms of PEG when compared with SPWR. With EPS growth of 60% STP has a forward PE of 36.9 and a PEG of 0.61, compared with SPWR's EPS growth of 111%, forward PE of 82 and PEG of 0.74---------------So my picks in the solar sector for the next 3 years are 1. FSLR2. SOLA.L3. SPWR4.STP----------------And for the next 3 to 10 years are:1. FSLR2. SPWR3. STP
Report this Post Replies: 2 | Reply | Permalink
Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
abitare (99.82) Submitted: 11/12/07 10:29 PM
Recs: 0 | Rec This
Awesome picks! If it was only 2006 again, but we are in 07 now and these pigs are going to get slaughtered. So would your CAP score if you would get your seven picks. Hurry up! I am guessing you go negative 500-1000!
Report this Post Reply
hotravi (< 20) Submitted: 2/12/08 3:46 PM
My best solar pick is JASOWhy I bought J A Solar today at $16.47....JA Solar Holdings Co., Ltd. is a fast growing manufacturer of high-performance solar cells ....JingLong Group (parent company of J A Solar) - the world's largest mono-crystalline silicon manufacturer, remains an excellent partnership giving JA Solar eadge over other manufacturers and providing limitless raw material (there is sortage of silicon) .....JingLong Group (parent company of J A Solar) is the only company in China contracting with the world-largest polycrystalline silicon supplier Hemlock of USA, and has maintained friendly mutual cooperation.
Terms & Conditions
RSS Headlines
Fool UK