GT Solar International, Inc. (SOLR)

[Shmoopster]

agreed

[zoobadooba]

wow i would say this is a great buying opportunity.

[XenaLives]

US manufacturer, doing well. Why aren't more people following this stock?

Do you know that the recent $18 billion "incentive" for solar development in the U.S. went to foreign companies?

It should be going ONLY to U.S. companies like this one.

[shauno12345]

MERRIMACK, N.H., Aug. 9, 2010 — GT Solar International Inc. announced the acquisition of privately-held Crystal Systems Inc., a crystalline growth technology company that manufactures high-quality, large area sapphire substrates used in the LED, defense, medical and aerospace industries.

Complimenting its silicon growth technologies, the acquisition is anticipated to allow GT Solar to quickly deliver products that leapfrog sapphire crystallization technology available from other suppliers, the company said.

Under the terms of the agreement, the Salem, Mass.-based company was purchased for approximately $24 million in cash, 5.4 million shares of GT Solar common stock and a $21 million cash earn-out. The earn-out provision is based on the attainment of certain financial and technical targets.

GT Solar provides polysilicon production technology, crystalline ingot growth systems and related photovoltaic manufacturing services for the solar industry.

Source: http://www.photonics.com/Article.aspx?AID=43599

[serafin1982]

I would go with Spir

[Northsun0]

A report from Canaccord Capital :

Shares of Natcore Technology NTCXF, the junior company hoping to bridge the economic gap between solar power and conventional energy production – an achievement that represents the "Holy Grail" of the alternative energy industry, jumped after announcing that it has shipped sample wafers demonstrating the unique advantages of its Liquid Phase Deposition (LPD) process to potential customers in the solar industry.


The company also reported that its program at Rice University has achieved a significant milestone, having successfully manufactured silicon nanocrystals (quantum dots) of sufficient quality and suitable characteristics for use in its tandem solar cell research. This is an important advance toward the company's goal of developing low-cost, super-efficient silicon cells with efficiencies of over 30%, or about twice the power output of today's most efficient mass-produced solar cells.

Two other accomplishments highlighted in Thursday's press release included: i) Natcore's team at Nanotech West at the Ohio State University (OSU) has performed a series of process improvement experiments over the past three months, in anticipation of transferring the process to the "Natcore China" joint venture company.

This is a very important step in the company's plan, as it will allow the team in China to come quickly up to speed in exactly replicating the process developed at OSU; ii) Natcore's team has developed a prototype engineering design for the scaled process at the Natcore China JV, and begun design of an automated, manufacturing-scale system; and iii) Natcore's program at Rice University has achieved a significant milestone, having successfully manufactured silicon nanocrystals of sufficient quality and suitable characteristics for use in its tandem solar cell research. This is an important advance toward the company's goal of developing low-cost, super-efficient silicon cells with efficiencies of over 30%, or about twice the power output of today's most efficient mass-produced solar cells

[adelevet]

The fool says:

"So what the heck is a rights offering?

In a typical secondary offering, a company raises money by selling new shares of stock to the public. Or so it seems.

Here's what actually happens: The company sells shares to an investment bank (the underwriter) at a predetermined price, thus eliminating the risk that the company won't be able to sell as many shares as it wants. The investment bank then uses its distributional might and army of brokers to sell the stock to the public. As payment, the investment bank collects a juicy underwriting fee."

[Northsun0]

Something to consider:

This is an audio report I suggest you to listen to. I think after you have listened to it, you will agree Natcore Technology NTCXF is a solar stock that should be a serious consideration to add to one's portfolio. Today it has had a good move on some news from the company that is in the second link even so the O/S is only 24.6 million shares and I feel it has much more to go..

http://www.pinnacledigest.com/podcast/episode-1%3A-natcore-technology-interview

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=28138645&l=0&r=0&s=NXT&t=LIST

[serafin1982]

I think, with this long base at these levels, if the financials are good for the next year you'll see some huge gains in this stock. The market cap is pretty small right now and I could see it go up to 5 billion in the next couple of years. Any thoughts?

[serafin1982]

Could anyone explain to me the 25 million offering in the recent PR, I have a hard time understanding what those things mean. Definitely looking to buy in big in this company, just want to know all the facts before

[rambob]

Yeah I was at the office and flipped it for a few hundred dollars after I posted that. The earnings were good, the nuclear thing may have thrown a wrench into investors plans.

[r2g2]

good news, reasonable volume, unclear why this hasn't shot higher. just a matter of time.

[rambob]

Rebound looks to be starting today. Obama mentioned in speech, Solars.

[up-down]

SOLR is looking great in contrast to the recent carnage among its peers



GT Solar wins $40M in new contracts - AP(Tue, Jan 19)
Market cap $900M
OS: 143M
rev: $520M
gross profit: $215M
cash: $200M
debt: $0 whats not to like

[r2g2]

Anyone watching this?
It seems to be slowly climbing but the future is looking 'sunny' according to my DD.

[r2g2]

SOLR is about primed for a bit of an upturn in the next month, I am thinking. Anyone have an opinion?

[stocksablaze]

yup, watching solr make a little comeback! think it'll pull back for a while now based on technicals. then maybe ill jump in.

[Maddog]

Anyone still around here?

[fredman]

Dean Kamen should partner with SOLR to develop Green Charging Station$ for tomorrow today.

http://en.wikipedia.org/wiki/Dean_Kamen

Ideas are all over, execution is everything, once you pass the $100 mark, in these times, there needs to be value.

GLTY ;oD

[Stock-Whisperer]

Most Solar Stocks Showing Red today, but...


We are in the green after a record day yesterday...says a lot about investors...hold hold hold

I'm in 7 solar/renewable Stocks, and this is one that has massive upside potential.


If you're open to an interesting junior solar play, check out AWSL
This no debt micro was fast tracked to be one of 3 final participants for $85 mil project for the City of Dryden. (Results re who will be awarded contract expected to come next week)... Lots of potential with a great team...check it out

[stocksablaze]

I want some shares here too... waiting a little bit.

[Opti Mist]

I will wait at least a week to see where the new bottom settles.

Could be sub $5

HOF

[hlniv]

they didn't miss that big... how many companies do you know had more rev jan-mar '09 vs jan-mar '08? They're still going to be trading at around a 12 multiple (after the post-market drop), with no debt. Their cash position increased this qtr, and they have significant backlog, with big chunks of revenue already known to be realized throughout '10. I'm getting all the sub-$6 shares possible.

[stocksablaze]

agreed. im looking for under 5.00 if im lucky. im in. "At quarter’s end, the company’s backlog was $1.18 billion, with $341 million in the PV segment and $836 million in the polysilicon segment."

$$$$$$$$

[Opti Mist]

you better wait to see the bottom before you buy. Stock is down more than 15% after hours, as earnings missed big.

Personally, I would wait a few weeks before deciding to buy.

HOF

[hlniv]

what a great buying opty - revenue increased from '08

[fredman]

SOLR has rebounded quite nicely.

[Vulcanized Crawler]

yep. he who adapts wins. gotta be on guard. wild market? or skitzo. lol. once they are over bot time to short. it's the game, not the stock

[emmertz]

New mkt new rules; some have not even been written yet. Thanks for your reply. Have loved fitb since I laid eyes on the bal sheet. The world seems to be redifining itself. I still like rz and solr, and csun, and actually rad and wamuq are appealing. Do not want to be too financial here at all! I have been spoiled by winning every time and must accept that some day I might not win--or that day might not come. I did lose on the stem cells bet so far, hoping in the end will not, but this is a wild mkt. I am feeling no long terms at all. Maybe, except GE under $10. Then, who knows. Years ago I had AIG at $60 and it went to $70. Wow, what a winner.

[Vulcanized Crawler]

i bot solr and it went up and down and up and i made a few bucks, then it went way way down and i stayed with it for quite sometime, but, was missing ops with other stocks, so sold finally. i dont pump and dump. i like what i buy i say it. i expect what i buy to go up. doesnt always happen and im not always willing to stick it out for months and months and months. solar will do well. fitb has done very well. gsl and opmr will do very well. swings sometimes are fast and sometimes take their time. as long as they dont fall off a cliff like so many did last fall.

[emmertz]

Know your thoughts from fitb. are you still in solr? ideas? or did you pump and dump here? your handle is great btw.

[lightbeam]

Solar on the move last 10 days. Nice to see the markets coming back.

[mlkrborn]

$088-17 52 weeks range.. FSLR didnt move it down too much!

[jibberjabber]

Did you ever pick any up? I kept watching and watching. I knew earnings was coming up, but forgot about it Congrats if your long!

Take a hard look at ABTG. It will benefit ten fold from the Stimulus plan.

I rolled the dice on DELL on Monday @ $9.35. I am happy camper today.

[jibberjabber]

It gave all of its gains back on Wednesday. Hopefully, it will pull back some more.

Solar is alive and well. When analysts are telling yout stay clear, then it is time to take a look. They always do that when they want to take a position themselves.

Too many Solar companies already. That means we will start seeing price competition and weed out the strong. I believe Solar will be one of the survivors. They have a great product.

Once the government subsidies start rolling in, then we will be on our way. Obama is a big proponent of Solar energy.

[Duffau]

I missed the bottom too.

I don't understand the rise with the price of oil and gas so low. Maybe, the market thinks that government money will be thrown at solar as a good way to provide jobs to stimulate the economy.

[jibberjabber]

Up 100% over the past week. I was hoping this would pull back. I missed the bottom. I had a chance @ $2.00, but got distracted that day.

[Duffau]

UP 44% Today.

2.59 X 2.60

[mlkrborn]

it looks it did indeed!
GT Solar seeks to reassure market after loss of LDK orders
By Jim Jelter
Last update: 2:56 p.m. EDT July 25, 2008
Comments: 1
SAN FRANCISCO (MarketWatch) -- Shares of GT Solar Inernational Inc. (SOLR:
gt solar intl inc com

Last: 2.87-0.39-11.96%
2:30pm 11/13/2008


SOLR 2.87, -0.39, -12.0%) fell as much as 17% Friday to $12 on news that LDK Solar Co. (LDK:
ldk solar co ltd sponsored adr
News, chart, profile, more
Last: 14.26+1.14+8.69%
2:31pm 11/13/2008
Delayed quote data

LDK 14.26, +1.14, +8.7%) , one of its clients, had decided to buy multi- and monocrystalline furnaces from China-based rival JYT Corp. The move prompted GT Solar to issue a statement aimed at reassuring shareholders. "This announcement by LDK does not in any way impact GT Solar's backlog, nor do we believe it will have any effect on our internal targets or projections," GT Solar CFO Bob Woodbury said. GT Solar, which provides equipment and services needed to make photovoltaic wafers and cells, debuted as a publicly traded company on Thursday, raising $500 million through a 30.3-million-share IPO priced at $16.50 a share. End of Story

[$to©k_Pi©ker™]

It did not terminate all buying from GT Solar. GT Solar is still, i beleive, the largest equipment seller to LDK.

LDK did make a large purchase with a competitor of GT Solar, JYT Corporation. And it was said that GT Solar did not meet the deadline for one or multiple pieces of equipment for either the wafer expansion or silicon expansion, and that LDK was possibly showing that they were going to cut ties with GT Solar (if LDK Solar ever does cut ties with GT Solar, it would be DRAMATIC for GT Solar and its shareholders since i beleive 70% of GT Solars revenues come from LDK!!!).

However, it is more of a result that Peng, LDK's CEO is being more cautious in having 2 suppliers to rely on instead of just one.

Also, LDK has recently made a gigantic purchase with Applied Materials - something else for GT Solar employees, and shareholders, to worry about.

But in short, there is no termination of buying from GT Solar, at least yet. If there was, get the heck out of SOLR right away though! lol

[mlkrborn]

Stock picker numero uno! thnx,,, Do you know why LDK terminated its equipment buying from SOLR? Whom is it buying it is buying equipment now?
tia

[$to©k_Pi©ker™]

FSLR is an American company based in Arizona. LDK is a foreign company based on China. Both are trading on a US exchange, so you have 'trust' factor. Most Americans still do not 'trust' the Chinese.

Look at SPWRA (SunPower Corp) another alternate energy (solar) company that is not NEAR the earnings of LDK, yet trades at 5 times the PE (5 times more valued).

LDK is only a 3 year old company and is worth more than GM right now, and growing faster than any company out there.

LDK will force to be noticed and recongnized and valued fairly shortly - very shortly.

Afterall, less than 5% of publicly trading companies are actually growing right now. And none as fast as LDK.

[mlkrborn]

THNX..
PS. WHY FSLR COMMANDING HIGHER P/E RATIO IF NUMBER #2?

[rbl100]

Where is Nicola Tesla when we need him? LOL

[$to©k_Pi©ker™]

LDK's growth and its current PE. You will NOT find a better stock out there and if you can, post it.

LDK is growing at over 100% q over q, and will become vertically integrated by producing their own raw material (polysilicon) and become the worlds largest polysilicon producer.

Think of LDK as the solar sectors Intel. They make poly, produce ingot blocks with it, cut it into solar wafers, then ship to a panel distributor.

I have everything down in the Info box on the LDK board. look at the last quarterly investor update which i have linked on the LDK board, and look at the contracts and financials which i have in a table.

http://investorshub.advfn.com/boards/board.aspx?board_id=9981

Heck, look at the PR they released today to see how strong a company LDK is.

The 2nd best solar company out there right now is First Solar (FSLR). However, FSLR has a very high PE. LDK is growing faster and has a better product (poly vs. thin film) and is HQ'd in China with much less expensive costs (labor, government tax break) -

LDK is the #1 solar and WILL make you a TON of cash - no doubt.

LDK will be over $200 when this recession lifts.

[Vulcanized Crawler]

jt options? wana be a mod gotta post to do that. we need more good info seekers and dd'ers.

[mlkrborn]

equipment makers in solar sector better strategic choices in principle.. what do you like with LDK....?
tia

[Vulcanized Crawler]

what doesnt kill u makes u stronger
off to muscle beach

[$to©k_Pi©ker™]

FWIW, i do like GT Solar. And yes, it will make people a buck in the long run.

Hope you did not take my message the wrong way, in no way am i bashing this.

GO SOLARS!

[Vulcanized Crawler]

now now, there are many that will make you a buck....this is just one, not that the other isnt. in this market to make money is a plus and to move forward more difficult....but, we will get there. (barrack told me, roflol...just wait)