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With a FINRA deleted symbol the stock cannot trade. Perhaps you could contact the company and ask them what their intentions are.
will this issue be trading at all?
STPFQ: ADR / GDR program terminated. Finra deleted symbol:
http://otce.finra.org/DLDeletions
Yes, I remember when "then" the STP IPO arrived. That was November 2005.
Soared to 85ish in 2007 about November also. Look at it now! Yikers!
Again, this is another company that couldn't read the tea leaves and expanded at the wrong time! Wrong time? The other side of the curve.
Well investors, I warned people (2011) about then STP. They also were late for the game but, what made matters worse, they expanded without knowing of a coming crash.
$STPFQ recent news/filings
bullish
## source: finance.yahoo.com
Fri, 10 Oct 2014 15:43:48 GMT ~ Why go solar? Homeowner says: 'To save money'
read full: http://www.cnbc.com/id/102077585?__source=yahoo%7cfinance%7cheadline%7cheadline%7cstory&par=yahoo&doc=102077585
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Mon, 22 Sep 2014 08:35:00 GMT ~ Tesco investigating profit overstatement
read full: http://finance.yahoo.com/video/tesco-investigating-profit-overstatement-083500378.html
*********************************************************
Thu, 21 Aug 2014 14:00:00 GMT ~ Suntech Power Holdings Provides Update With Respect to Restructuring in Europe
[PR Newswire] - GEORGE TOWN, Cayman Islands, Aug. 21, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (STPFQ) (the "Company" or "Suntech") today announced that the Schaffhausen Cantonal Court's order of July 16, 2014, approving the Dividend Agreement to resolve the creditor claims of Suntech Power International Ltd. ("SPI") became effective as of August 8, 2014. A corresponding publication was made in the Swiss Official Gazette of Commerce on August 15, 2014. The moratorium phase and the mandate of the Swiss Administrator have come to an end. SPI is now a solvent member of the Suntech Group under the operational control of its Board of Directors. The Swiss Administrator has been appointed by the Schaffhausen Cantonal Court to continue to work with the Board in the coming months to supervise and ensure that the terms of the Dividend Agreement are properly executed, which will include the payment of dividends to SPI's creditors and administrative matters.
read full: http://finance.yahoo.com/news/suntech-power-holdings-provides-respect-140000832.html
*********************************************************
Tue, 05 Aug 2014 14:00:00 GMT ~ Suntech Power Holdings Announces Personnel Changes As Acting CFO Departs
[PR Newswire] - GEORGE TOWN, Cayman Islands, Aug. 5, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"), through its Joint Provisional Liquidators ("JPLs") ...
read full: http://finance.yahoo.com/news/suntech-power-holdings-announces-personnel-140000434.html
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$STPFQ charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$STPFQ company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/STPFQ/company-info
Ticker: $STPFQ
OTC Market Place: OTC Pink Limited
CIK code: 0001342803
Company name: Suntech Power Holdings Co., Ltd.
Incorporated In: Cayman Islands
$STPFQ share structure
## source: otcmarkets.com
Market Value: $56,930,255 a/o Jun 26, 2015
Shares Outstanding: 147,487,707 a/o Dec 31, 2005
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$STPFQ extra dd links
Company name: Suntech Power Holdings Co., Ltd.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=STPFQ+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=STPFQ+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=STPFQ+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/news - http://finance.yahoo.com/q/h?s=STPFQ+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/STPFQ/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=STPFQ+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/STPFQ
DTCC (dtcc.com): http://search2.dtcc.com/?q=Suntech+Power+Holdings+Co.%2C+Ltd.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Suntech+Power+Holdings+Co.%2C+Ltd.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Suntech+Power+Holdings+Co.%2C+Ltd.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/STPFQ
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001342803&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=STPFQ&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=STPFQ
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=STPFQ+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=STPFQ+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=STPFQ
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=STPFQ
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=STPFQ+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/STPFQ/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=STPFQ+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/STPFQ.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=STPFQ
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/STPFQ
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/STPFQ
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/STPFQ:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=STPFQ
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=STPFQ
$STPFQ DD Notes ~ http://www.ddnotesmaker.com/STPFQ
Earnings reported for 1st Quarter:
* Q1 revenue 2.1 million zlotys ($589,258.66) versus 1.6 million zlotys a year ago
* Q1 net profit 8,180 zlotys versus loss of 403,625 zlotys a year ago Source text for Eikon:
Further company coverage: ($1 = 3.5638 zlotys) (Gdynia Newsroom)
Looks like earnings were posted in Reuters for STPFQ:
http://www.reuters.com/article/2015/05/15/idUSFWN0Y605S20150515?type=companyNews
Anyone know why they're posting earnings in Polish Currency?
Betting on STP is playing capitalist roulette. But with 2.7B in TTM and a price in the pennies, I'm willing to take the chance, especially given the unregulated nature of China, which bodes well for risk takers who know when to sell.
This is an interesting company and for a "shell" is generating a lot of attention and gaining more and more investors to buy in. Could Suntech turn it around or just disappoint? Only time will tell...but what remains true is that they got a lot of people's attention. Check out the CNN Money article posted last week:
http://money.cnn.com/2015/05/11/investing/solar-stocks-first-solar/
Enjoy!
$STPFQ recent news/filings
bullish
inverted head and shoulders
bullish divergence breakout
## source: finance.yahoo.com
Fri, 10 Oct 2014 15:43:48 GMT ~ Why go solar? Homeowner says: 'To save money'
read full: http://www.cnbc.com/id/102077585?__source=yahoo%7cfinance%7cheadline%7cheadline%7cstory&par=yahoo&doc=102077585
*********************************************************
Mon, 22 Sep 2014 08:35:00 GMT ~ Tesco investigating profit overstatement
read full: http://finance.yahoo.com/video/tesco-investigating-profit-overstatement-083500378.html
*********************************************************
Thu, 21 Aug 2014 14:00:00 GMT ~ Suntech Power Holdings Provides Update With Respect to Restructuring in Europe
[PR Newswire] - GEORGE TOWN, Cayman Islands, Aug. 21, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (STPFQ) (the "Company" or "Suntech") today announced that the Schaffhausen Cantonal Court's order of July 16, 2014, approving the Dividend Agreement to resolve the creditor claims of Suntech Power International Ltd. ("SPI") became effective as of August 8, 2014. A corresponding publication was made in the Swiss Official Gazette of Commerce on August 15, 2014. The moratorium phase and the mandate of the Swiss Administrator have come to an end. SPI is now a solvent member of the Suntech Group under the operational control of its Board of Directors. The Swiss Administrator has been appointed by the Schaffhausen Cantonal Court to continue to work with the Board in the coming months to supervise and ensure that the terms of the Dividend Agreement are properly executed, which will include the payment of dividends to SPI's creditors and administrative matters.
read full: http://finance.yahoo.com/news/suntech-power-holdings-provides-respect-140000832.html
*********************************************************
Tue, 05 Aug 2014 14:00:00 GMT ~ Suntech Power Holdings Announces Personnel Changes As Acting CFO Departs
[PR Newswire] - GEORGE TOWN, Cayman Islands, Aug. 5, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"), through its Joint Provisional Liquidators ("JPLs") ...
read full: http://finance.yahoo.com/news/suntech-power-holdings-announces-personnel-140000434.html
*********************************************************
Tue, 10 Jun 2014 13:48:15 GMT ~ Could the Cost of Solar Panels Go Up Following New Tariffs?
[at Motley Fool] - Last week the U.S. Department of Commerce decided to impose tariffs on Chinese solar panel manufacturers. How will this affect prices of both foreign- and U.S.-made solar panels?
read full: http://www.fool.com/investing/general/2014/06/09/solar-panels-cost-could-rise-as-tariffs-are-impose.aspx?source=eogyholnk0000001
*********************************************************
$STPFQ charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$STPFQ company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/STPFQ/company-info
Ticker: $STPFQ
OTC Market Place: OTC Pink No Information
CIK code: 0001342803
Company name: Suntech Power Holdings Co., Ltd.
Incorporated In: Cayman Islands
Business Description: OTC Markets | Official site of the OTCQX, OTCQB and OTC Pink Marketplaces featuring Free Stock & Bond Quotes, Trade Prices, Chart, Financials and Company News & Information for Investors, Companies and Traders - OTCMarkets.com (window.NREUM||(NREUM={})).loader_config={xpid:"UwMGWVdSGwQIU1RQAgQ="};window.NREUM||(NREUM={}),__nr_require=function(t,e,n){function r(n){if(!e[n]){var o=e[n]={exports:{}};t[n][0].call(o.exports,function(e){var o=t[n][1][e];return r(o?o:e)},o,o.exports)}return e[n].exports}if("function"==typeof __nr_require)return __nr_require;for(var o=0;od;d++)c[d].apply(u,n);return u}function a(t,e){f[t]=s(t).concat(e)}function s(t){return f[t]||[]}function c(){return n(e)}var f={};return{on:a,emit:e,create:c,listeners:s,_events:f}}function r(){return{}}var o="nr@context",i=t("gos");e.exports=n()},{gos:"7eSDFh"}],ee:[function(t,e){e.exports=t("QJf3ax")},{}],3:[function(t){function e(t){try{i.console&&console.log(t)}catch(e){}}var 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$STPFQ share structure
## source: otcmarkets.com
Market Value: $56,045,329 a/o May 13, 2015
Shares Outstanding: 147,487,707 a/o Dec 31, 2005
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$STPFQ extra dd links
Company name: Suntech Power Holdings Co., Ltd.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=STPFQ+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=STPFQ+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=STPFQ+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/news - http://finance.yahoo.com/q/h?s=STPFQ+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/STPFQ/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=STPFQ+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/STPFQ
DTCC (dtcc.com): http://search2.dtcc.com/?q=Suntech+Power+Holdings+Co.%2C+Ltd.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Suntech+Power+Holdings+Co.%2C+Ltd.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Suntech+Power+Holdings+Co.%2C+Ltd.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/STPFQ
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001342803&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=STPFQ&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=STPFQ
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=STPFQ+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=STPFQ+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=STPFQ
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=STPFQ
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=STPFQ+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/STPFQ/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=STPFQ+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/STPFQ.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=STPFQ
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/STPFQ/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/STPFQ/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/STPFQ
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/STPFQ
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/STPFQ:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=STPFQ
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=STPFQ
$STPFQ DD Notes ~ http://www.ddnotesmaker.com/STPFQ
I know very little about the stock. I traded the chart. It claims to be solar and has a "Q" is all I can tell you. As you can see, IHUB doesn't even have much activity. You might be able to find some BK information that might explain a little more.
Does anyone have any intel as to why STP has gone up so much in the past week or so?? I just got in last Wednesday and the absence of news is making me wonder if I should sell.
I didn't delete the post. "Removed By: IH Admin Reason: Spam" I imagine it was because of the link.
aha, Robin Hood is back, why do you delete the same message ?
#1083
Suntech Power Holdings Co., Ltd. (STPFQ: OTC Pink No Information) | Tier Change Fri, Mar 13, 2015 12:00 - Suntech Power Holdings Co., Ltd. ( STPFQ : OTC Pink No Information) - Tier Change - The symbol, STPFQ, no longer is classified as OTC Pink Limited. As of Fri, Mar 13, 2015, STPFQ resides in the OTC Pink No Information tier. You may find a complete list of tier changes at otcmarkets.com .
Suntech Reaches Ch. 15 Antitrust Deal With Solyndra Trust
Law360, New York (March 03, 2015, 2:13 PM ET) -- Suntech Power Holdings Co. Ltd.'s foreign liquidators have struck a tentative settlement with the litigation vehicle left behind by defunct Solyndra LLC in a California price-fixing lawsuit alleging Suntech colluded with other Chinese solar panel producers to squeeze out U.S. rivals.
http://www.law360.com/bankruptcy/articles/627066/suntech-reaches-ch-15-antitrust-deal-with-solyndra-trust
" The financial results for 2014 to be the end of March "
Excerpt from the letter from the President of Wuxi Suntech
Tuesday, February 17, 2015
" When Suntech was acquired by Shunfeng International Clean Energy, we knew that it would be a perfect fit for Shunfeng’s strategy to become the world’s largest integrated clean energy generation company. Suntech has demonstrated that it does not only have the best PV modules in the market but that it also holds the strongest financial standing in the industry "
"The Chinese Shunfeng International Clean Energy Ltd. has released preliminary figures for 2014. Accordingly, the group will list 2014. Increased sales of solar cells by 79.7 percent from 480.5 megawatts in 2013 to 863.4 megawatts now. The module sales increased due to the newly acquired Wuxi Suntech Power Co. Ltd. even at 2916.8 percent to 663.7 megawatts (2013: 22 MW). The produced by the Shunfeng Group Solar electricity amounted to 2014 606 690 megawatt hours. Currently it is still in the process to create the balance sheets. The financial results for 2014 to be the end of March "
Research and Markets: Asia Pacific Solar Panel Market Report 2015-2019: Key Vendors Are Jinko Solar, Sharp, Suntech Power Holdings, Trina Solar & Yingli Green Energy
The Solar Panel market in the APAC region to grow at a CAGR of 11.5% over the period 2014-2019
A solar panel (also called a PV module) is a collection of solar cells engraved from silicon wafers that generates electricity by capturing the sunlight. Solar panel systems include solar PV inverters, which connect numerous solar panels to a power grid to ensure improved efficiency and increased reliability in the grid. There are two types of solar cells: crystalline silicon and thin-film. Thin-film cells can be deposited as thin layers that measure less than 1 micron. These cells are less expensive compared to silicon and help manufacturers build solar panels of different sizes and shapes depending on the requirement.
One key trend emerging in this market is the setting of ambitious targets for the installation of solar PV systems in the APAC region. Countries such as China, Japan, and India have set ambitious solar PV targets and are working to achieve them.
According to the report, one major factor driving this market is the increased solar energy consumption in the region, which is expected to elevate the demand for solar panels during the forecast period of 2014-2019. Increased awareness about the benefits of solar energy has resulted in growing demand for solar panels.
Further, the report states that concerns about environmental hazards caused by PV cell manufacturing are one of the key challenges that the market faces. The manufacturing of solar PV cells involves the production of harmful toxic materials that, if not regulated and controlled, can lead to environmental damage.
Key Vendors
• Jinko Solar
• Sharp
• Suntech Power Holdings
• Trina Solar
• Yingli Green Energy
Other Prominent Vendors
• Bosch Solar Energy
• Hanwha SolarOne
• HHV Solar
• JA Solar Holdings
• LDK Solar
• Panasonic
For more information visit http://www.researchandmarkets.com/research/h93gd8/solar_panel
Read more here: http://www.heraldonline.com/2015/03/06/6862165/research-and-markets-asia-pacific.html#storylink=cpy
Read more here: http://www.heraldonline.com/2015/03/06/6862165/research-and-markets-asia-pacific.html#storylink=cpy
Nobody would have sold if you wouldn't have started talking the volume today looks good tho
I'm taking this to 40 cents on Monday guy who keeps coming to the board and putting shell all over it try and stop it with more posts because your doing so good already??
Looks like suntech stpfq is still getting money from wuxi until April
I think your shell is gonna hit 80 cents next week before it drops back to new lows . just saying
This is from Suntech's OWN WEBSITE (scroll down and read the bold print)!
" Posted on 2014-12-08
Wuxi Suntech, one of the largest manufacturers of PV modules, is aiming to expand its 3% market share in Benelux to 13% by 2015 through its newly announced partnerships and projects with Oskomera Solar Power Solutions, Solar Green Point and VDH Solar.
Suntech was recently selected to provide the first batch of approximately 1,500 panels to VDH Solar, who is working with Solar Green Point to construct Solar Park Gruyterfabriek in Den Bosch. The park is expected to be completed by the end of 2014. Solar Park Gruyterfabriek will be one of the larger solar parks in the region. Suntech was chosen as a trusted partner due to its strong financial health, its superior quality and its panels' reliability. Two other motorway projects near Amsterdam and Rotterdam totaling 6MW of PV will also be constructed under a Suntech-VDH Solar partnership.
Suntech has also renewed its partnership with Netherlands-based Oskomera Solar Power Solutions (OSPS), providing its technology and products to support OSPS's 175 megawatts project portfolio.
"Thanks to our acquisition by Shunfeng International Clean Energy Ltd., Suntech has emerged with the strongest financial footing in the solar industry, enabling us to expand our presence across Europe while supporting small and large-scale projects," said Simon De Sitter, Suntech's Director of Benelux, France, Scandinavia and the Netherlands Antilles. "Our products are best in class and in 2014 they have been ranked above industry standards by OST Energy and the VDE Institute, reinforcing that we provide our customers with the highest quality solar panels in the market."
"Now that Suntech has reemerged as the world's most financially stable solar producer, we are thrilled to be working with our former partner again, who has always provided us with excellent, high performance products. At OSPS, we are committed to the highest quality and product reliability for our customers. We appreciate that Suntech shares that commitment," said Dennis Gieselaar, Managing Director of OSPS.
"Suntech panels go through a very strict quality control process, audited by the world's leading independent engineering firms. For years, we have witnessed their panels in operation, which work considerably above the average performance levels, producing more than one hundred and five percent of the installed capacity," added Lucien van der Heide, owner of VDH Solar.
Under ownership of Shunfeng International Clean Energy, Suntech is pursuing a business strategy to reclaim its position as a global solar leader by becoming part of the largest integrated clean energy supplier in the world – integrated not only in terms of manufacturing but also in terms of ownership of clean energy producing assets. Suntech will provide one-stop access to the Shunfeng family of companies with capabilities in design, engineering, manufacturing, construction, finance, insurance, operation and maintenance, energy storage, solar products and applications."
http://www.suntech-power.com/news/news143.html
It is irrelevant that the shell may rise and fall with the other solars.
Folks need to be aware that is symbol no longer represents an actual solar panel manufacturer.
what is your problem ?
No one has claimed that
STPFQ is Shunfeng International Clean Energy......
remember:
wyliecoyote Monday, 03/02/15 12:15:02 PM
You are right about shunfeng. The suntech name has been one of the biggest names in solar I have worked in the industry for years. You will find suntech panels everywhere. That being said I don't think it matters if its a shell or not because suntech holdings is still holding and they aren't going anywhere anytime soon. The suntech name is what is important here. This will pull through and be suntech again doing big jobs all over the world. What's really exciting is the new battery backups that will be coming out in the next year or 2. Solars stock bubble will build for a few months and maybe pop again. But this shell your so worried about telling people about will go up whether you like it or not boy.
THIS IS JUST A SHELL
The Photovoltaic division of Suntech was sold to Shunfeng Photovoltaic which trades on the Hong Kong market and IS NOT STPFQ.
http://www.prnewswire.com/news-releases/equity-interests-in-wuxi-suntech-and-its-subsidiary-purported-to-be-transferred-to-third-party-254724331.html
http://www.suntech-power.com/news/news143.html
Excerpt from the letter from the President of Wuxi Suntech
Tuesday, February 17, 2015
" When Suntech was acquired by Shunfeng International Clean Energy, we knew that it would be a perfect fit for Shunfeng’s strategy to become the world’s largest integrated clean energy generation company. Suntech has demonstrated that it does not only have the best PV modules in the market but that it also holds the strongest financial standing in the industry "
"The Chinese Shunfeng International Clean Energy Ltd. has released preliminary figures for 2014. Accordingly, the group will list 2014. Increased sales of solar cells by 79.7 percent from 480.5 megawatts in 2013 to 863.4 megawatts now. The module sales increased due to the newly acquired Wuxi Suntech Power Co. Ltd. even at 2916.8 percent to 663.7 megawatts (2013: 22 MW). The produced by the Shunfeng Group Solar electricity amounted to 2014 606 690 megawatt hours. Currently it is still in the process to create the balance sheets. The financial results for 2014 to be the end of March "
Thank you for clearing that up! So does Zheng Jianming have any connections with STPFQ? I'm just trying to figure this out. I did sell but after your last post I just may reinvest.
You are right about shunfeng. The suntech name has been one of the biggest names in solar I have worked in the industry for years. You will find suntech panels everywhere. That being said I don't think it matters if its a shell or not because suntech holdings is still holding and they aren't going anywhere anytime soon. The suntech name is what is important here. This will pull through and be suntech again doing big jobs all over the world. What's really exciting is the new battery backups that will be coming out in the next year or 2. Solars stock bubble will build for a few months and maybe pop again. But this shell your so worried about telling people about will go up whether you like it or not boy.
From your PR
When Suntech was acquired by Shunfeng International Clean Energy...
STPFQ is NOT Shunfeng Intrnational Clean Energy. Shunfeng only trades in Hong Kong...
Letter from the President of Wuxi Suntech
Tuesday, February 17, 2015
Dear valued customers, partners and friends,
Following a strong end for 2014, I am excited and proud to announce that Suntech has been re-added to the Tier 1 solar company list on Bloomberg New Energy Finance’s PV Market Outlook.
Suntech’s renewed bankability status validates the value of our brand and our projects. It signifies the strength of the relationships we have built with leading financial institutions, which will help us to continue to provide unique financial solutions to our customers’ worldwide.
When Suntech was acquired by Shunfeng International Clean Energy, we knew that it would be a perfect fit for Shunfeng’s strategy to become the world’s largest integrated clean energy generation company. Suntech has demonstrated that it does not only have the best PV modules in the market but that it also holds the strongest financial standing in the industry. We are humbled and proud that the company was been able to bring about such a positive outcome to the business within such a short period of time from our acquisition, and are grateful to our customers, partners and friends who have continued to believe in Suntech’s ability to deliver the best products in the market.
As you may know, I have recently been appointed as President of Wuxi Suntech Power. Over the past few months I have been working closely with Eric Luo who has successfully led Suntech back to the forefront of the solar industry. Eric has recently been appointed as CEO of Shunfeng International Clean Energy where he will lead the integration of the Shunfeng group of companies with Suntech at the helm. He and I will be working hand in hand and I will look forward to sharing with you more news on our future plans and ongoing progress in this ever changing industry.
As the Spring Festival is around the corner, kindly allow me to take this opportunity to wish you a happy Chinese New Year. May the Year of the Goat bring success to us all.Sincerely yours,
Victor Xiong
President, Wuxi Suntech Power Co., Ltd
thank you for your statement,
we will see it during the next time,
most of the shares who are traded at the OTC here, are risky.
You must have always a vigilant eye on these shares .....
and not only here
br
nic_san
"It remains risky." That would be an understatement. This is like a bond with maturity value of 0. If you want to trade this fine. It doesn't take much to move the stock. There is only a few hundred thousand dollars flowing into the stock. I wouldn't be stunned if it had another leg up.
Don't act like this is anything other than a worthless shell. See what happened to the Blockbuster a few years ago. I think the ticker was BLIAQ. It had a run from single digits and ran into the .30s and then the SEC halted it and listed it on the Grey Sheets. I doubt that will happen with this stock, but it will end badly.
About Suntech
WHAT'S NEW
Suntech Announces Mr. (Victor) Haibo Xiong as President
2015-02-17
Bloomberg New Energy FinanceNames Suntecha Leading PV Module Supplier ...
2015-02-10
Suntech Expands Presence in Benelux with New Partnerships and Projects...
2014-12-08
Shunfeng PV officially becomes Shunfeng International Clean Energy
2014-11-25
Press Releases
Bloomberg New Energy FinanceNames Suntecha Leading PV Module Supplier in 2015
Posted on 2015-02-10
Wuxi, China, February 10, 2015/Press Release/:Bloomberg New Energy Finance (BNEF) has addedSuntech to its Tier 1 solar company list in its February 2015 PV Market Outlook. BNEF has developed a unique ranking system for grading PV modulemakers, based on bankability and cooperation with market developers, investors and EPCs.The rankingcreates a transparent differentiation between thehundreds of manufacturers of solar modules on the market.
“When we acquired Suntech, we knew that it had the best PV modules in the industry and it was clear to us that the company would bea perfect fit for Shunfeng’s strategy to become the world’s largest integrated clean energy generation company,” said Eric Luo, CEO of Shunfeng International Clean Energy, parent company of Wuxi Suntech . “What we didn't know was how quickly it would regain its bankability status. We are proud that this has happened within such a short period afterSuntech’s emergence from insolvency,and areconfident that our partnershipwith the most respected financial institutions in the industry will provide the best solutions to our customers worldwide.”
User 1 module manufacturers are those which have provided own-brand, own-manufactured products to five different projects, which have been financed, non-recourse, by five different non-development banks, in the past two years. The outlook is based on solar PV developments that occurred over the course of 2014.Wuxi Suntech hadpreviously lost its tier 1 rating by Bloomberg New Energy Finance during its insolvency. However,following Suntech’s acquisition by Shunfeng International Clean Energy in 2014 and the increase in itsdebt finance availability from commercial banks, BNEF now defines Suntech as a major bankable solar PV module supplier in 2015.
Under Shunfeng, Suntech has the strongest financial footing in the solar industry with nearly zero debt. It is part of the world’s largest integrated clean energy generation provider globally– integrated not only in terms of manufacturing but also in terms of owning clean energy producing assets with capabilities in manufacturing, construction, finance, insurance, operation and maintenance, energy storage and applications.
For further information, please contact: Rebecca Jacobs,rjacobs@apcoworldwide.com +972545773608
About Wuxi Suntech Power Co., Ltd.
WuxiSuntech Power Co., Ltd., a company incorporated in the PRC in January 2001, produces industry-leading solar products for residential, commercial, industrial, and utility applications. Suntech has delivered more than 30 million photovoltaic panels or 8 GWs of installed capacity to more than 1 thousand customers in more than 80 countries. Suntech's pioneering R&D creates customer-centric innovations that are driving solar to grid parity against fossil fuels. Suntech's mission is to provide reliable access to nature's cleanest and most abundant energy source.
I will try to understand you, if you're looking for a share, you bequeath your children want is this the wrong stock, the stock remains risky, it is better you look for stocks like Apple, Tesla motors or other big players......
Feel free to go through and look at the charts of the companies I "bashed."
Looking at my post history, I see my hit rate is 100%. A couple of the stocks don't even trade anymore. KNKT, UTOG, FCPG, etc are down like 99% from where I posted on them.
As you notice, I actually post facts and real numbers usually pulling from SEC filings. And if you wonder why I didn't quote from an SEC filing in my post of on this stock, it is because the stock hasn't filed anything in a couple of years.
I don't post pumper garbage like this that has nothing to do with this stock. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111238785
do you get money for bashing ?
i have read your posts on other boards,
in most of your posts you try to make a bad picture from the company....
I just joined but bought bcause I came across the Bloomberg PR on Suntechs website. On Scottrade the STPFQ page takes you to the Suntech PV module website. No pumping on my end. just very disappointed if this is the case. I have an email into the company so I hope I get a reply. I read in a PR about the bankruptcy that the Caymans Island situation was part of a restructuring and key to them moving forward with production so still not sure what the truth is yet.
Yep, see my other posts...
This is just a shell with no assets. This stock has no connection whatsoever to the actual company. The assets that existed were sold and the cash received was $100 million less than what was owed bondholders. That means bondholders are going to take a haircut and equity holders will get zero.
You see this from time to time with big companies like Blockbuster, General Motors, etc where the shell continues to trade even though it has no value and it eventually trickles down to zero and stops trading. There is a 100% chance it will happen with this stock.
This is a pump. I have no idea how high it goes but I can say with certainty, it will descend down to zero soon enough. A s you will notice the people who are posting about how great this is just created accounts. I won't speculate who they are. I will reiterate that this shell has ZERO value. ZERO point ZERO.
Suntech Expands Presence in Benelux with New Partnerships and Projects
Posted on 2014-12-08
Wuxi Suntech, one of the largest manufacturers of PV modules, is aiming to expand its 3% market share in Benelux to 13% by 2015 through its newly announced partnerships and projects with Oskomera Solar Power Solutions, Solar Green Point and VDH Solar.
...
"Thanks to our acquisition by Shunfeng International Clean Energy Ltd., Suntech has emerged with the strongest financial footing in the solar industry, enabling us to expand our presence across Europe while supporting small and large-scale projects," said Simon De Sitter, Suntech's Director of Benelux, France, Scandinavia and the Netherlands Antilles. "Our products are best in class and in 2014 they have been ranked above industry standards by OST Energy and the VDE Institute, reinforcing that we provide our customers with the highest quality solar panels in the market."
"Now that Suntech has reemerged as the world's most financially stable solar producer, we are thrilled to be working with our former partner again, who has always provided us with excellent, high performance products. At OSPS, we are committed to the highest quality and product reliability for our customers. We appreciate that Suntech shares that commitment," said Dennis Gieselaar, Managing Director of OSPS.
"Suntech panels go through a very strict quality control process, audited by the world's leading independent engineering firms. For years, we have witnessed their panels in operation, which work considerably above the average performance levels, producing more than one hundred and five percent of the installed capacity," added Lucien van der Heide, owner of VDH Solar.
Under ownership of Shunfeng International Clean Energy, Suntech is pursuing a business strategy to reclaim its position as a global solar leader by becoming part of the largest integrated clean energy supplier in the world – integrated not only in terms of manufacturing but also in terms of ownership of clean energy producing assets. Suntech will provide one-stop access to the Shunfeng family of companies with capabilities in design, engineering, manufacturing, construction, finance, insurance, operation and maintenance, energy storage, solar products and applications.
About Wuxi Suntech Power Co., Ltd.
Wuxi Suntech Power Co., Ltd., a company incorporated in the PRC in January 2001, produces industry-leading solar products for residential, commercial, industrial, and utility applications. Suntech has delivered more than 30 million photovoltaic panels or 8 GWs of installed capacity to more than 1 thousand customers in more than 80 countries. Suntech's pioneering R&D creates customer-centric innovations that are driving solar to grid parity against fossil fuels. Suntech's mission is to provide reliable access to nature's cleanest and most abundant energy source.
About Oskomera Solar Power Solutions (OSPS)
OSPS is Europe's leading PV-systems integrator for complex, large scale PV projects. Oskomera Solar Power Solutions (OSPS) plays an important role in the European market for solar photovoltaic products delivering large scale PV projects, integrating PV systems, distributing PV products, and providing operation and maintenance services for solar power plants. OSPS operates in the Benelux, UK, France, Italy and the Caribbean.
You need to go back and read the past news...
GEORGE TOWN, Cayman Islands, April 10, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech Power") today announced that it is aware of the Hong Kong Stock Exchange announcement made by Shunfeng Photovoltaic International Ltd. ("Shunfeng") that the conditions precedent to the purported acquisition of 100% of the equity interests of Wuxi Suntech pursuant to the terms and conditions under the restructuring plan of Wuxi Suntech as approved by the Wuxi Intermediate People's Court have been fulfilled, and as a result all of the equity interests of Wuxi Suntech shall be transferred to an affiliate of Shunfeng.
As of today's date, none of the directors of Power Solar System Co., Ltd. ("PSS"), the joint provisional liquidators (the "JPLs") of Suntech Power appointed following Suntech Power's application for a provisional liquidation in the Cayman Islands, its jurisdiction of incorporation, or the liquidator of PSS, have given their approval to any transfer or disposal of the shares of Wuxi Suntech. As previously announced on February 10, 2014, the liquidator of PSS and the JPLs of Suntech Power will continue to focus on an investigation of, among other things, the purchase of PSS's equity interest in Wuxi Suntech by Shunfeng and to take all steps as necessary to remedy improper actions which have caused loss to Suntech Power, PSS, and their creditors. No assurances can be given, however, that Suntech Power retains equity interest in Wuxi Suntech, or the benefits having an equity interest entail. Neither Suntech Power nor the JPLs are currently able to exert management control or authority over Wuxi Suntech.
Notwithstanding the above, following negotiations by the JPLs with the current management at Wuxi Suntech, Suntech Power has entered into a Cooperation Agreement with Wuxi Suntech which provides a framework for the following (among other things):
Suntech Power licenses to Wuxi Suntech certain product certificates held by Suntech Power. It is expected, however, that Wuxi Suntech will obtain its own product certificates later in 2014 in due course;
Suntech Power, including its distribution subsidiaries in the United States and Europe, will act as intermediaries for the sale of products manufactured by Wuxi Suntech, facilitating Wuxi Suntech entering into sales contracts with such customers. For a period of one year, Suntech Power would earn a commission from Wuxi Suntech in connection with any such sale;
For a period of one year, Suntech Power, including its customer support representatives at its subsidiaries in the United States and Europe, would provide after-sales service for Wuxi Suntech manufactured products which have been sold; and
Wuxi Suntech would support the restructuring of Suntech Power International, Ltd., the principal operating subsidiary of Suntech Power in Europe which is currently engaged in a restructuring proceeding under Swiss law.
Thank you for this information, this is correct
i think, it is better, you go in contact with scott trade to clear this and not here on this board....
Here is the Company Background for STPFQ on Scottrade....
Company Background
Suntech Power Holdings Co., Ltd. (Suntech) is a solar energy company. Suntech is principally engaged in the design, development, manufacturing and marketing of photovoltaic (PV) products and also provides engineering, procurement and construction services to building solar power systems using its own solar modules for residential, commercial, and utility-scale power plant customers. It conducts a significant portion of its operations through Wuxi Suntech Power Co., Ltd. It designs, develops, manufactures and markets a range of PV cells and modules, including a range of value-added building-integrated photovoltaics (BIPV) products. The Company sells its products in various key solar energy markets worldwide including Germany, Italy, Spain, France, Benelux, Greece, the United States, Canada, China, the Middle East, Australia and Japan. As of December 31, 2011, it substantially completed the acquisition and reached an installed capacity for wafers and ingot of approximately1,600 megawatt.
http://am.suntech-power.com/
I don't know why Scott Trade still links STPFQ to the SunTech website.
All public data points to the PV manufacturing division of STPFQ being sold to Shunfeng International Clean Energy which only trades in Hong Kong.
if you're not sure why you're writing it.....
Not sure, I'd love to be proven wrong. Suntech makes excellent panels and it would suck if there were no longer a vessel to trade/invest in them.
Ok, well then why when you go to Scottrade and search STPFQ why does Suntech come up with a link to the website that sells their PV modules? Not so sure your 100% correct.
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A leading solar energy company in the world as measured by production output of solar cells in 2005. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's customers are located in various markets worldwide, including Germany, Spain, China and the United States.
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