CSKH - waiting for the sun to shine
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volume before price!
CSKH - Prepare for a Big Move Higher for These Shares
by Joe on July 7, 2011
Watch Clear Skies Solar (CSKH) Shares – Prepare for a Big Move Higher for These Shares
We want to call attention to a special situation at Clear Skies Solar, which trades under the symbol CSKH. We think this stock will move significantly higher over the short term as we are expecting the Company to report a huge June quarter as the Company’s business clearly is getting back on track.
At a less than $5 million current market capitalization the shares are trading at only about half of the sales we are expecting for the June quarter alone. Simply put, if this business is indeed back on track, the share price will respond immediately. Doing a bit of homework on this could pay off big time.
Here’s our rationale for buying the shares right away:
1) Business Back on Track – Last year Clear Skies Solar missed its business plan as financing in the solar industry dried up. The private financing that was supposed to come through for the Company did not and CSKH suffered an embarrassing fall. Over the past few months the situation has changed dramatically with strong financing now in place for most of the projects in the growing pipeline.
2) We are expecting a huge sales numbers for the June quarter with these revenues to be reported on the income statement between the June, September and December quarters as projects are completed and accepted by customers. The Company recently announced that it was starting the month of June off with approximately $8 million of sales for the year.
3) New Residential installation program going extremely well – The Company recently entered the market for installation of residential solar systems. CSKH also recently announced its residential backlog is now up to $2.3 million after just eight weeks of being in this business. We think these are very strong numbers that point to a lot of additional upcoming growth for the Company.
4) We are expecting the balance sheet to show additional improvement as of the end of the June quarter – Over the past year the management team has worked hard to retire the convertible debt. As of the end of the March quarter this debt balance was at only $36,000 and we think the balance will be even lower on the Q2 balance sheet. While the Company still has a couple million dollars of other liabilities on its balance sheet, a lot of this number has to do with payroll liabilities, customer advances and warranties. If you take the time to look at the balance sheet very closely I think you’ll notice it is in pretty good shape, especially if the Company begins to turn cash flow positive as of the June quarter, which we believe is very possible.
5) Current market valuation – As of the end of the March quarter there were only about 211 million shares outstanding, which means the total market capitalization of the Company is well less than $5 million. We do not expect this share count to climb in any meaningful manner, considering the vast majority of the convertible debt has already been converted to equity. If CSKH reports sales for the June quarter in the range of $8 million-$10 million, shares of CSKH will be trading at only approximately one half of June quarter sales. We believe this would be an absurdly low valuation. If the Company does report the June quarter sales we are expecting, we believe the shares will at least double, or more, overnight as this will point to a large probable increase in reported revenue for the September and December quarters.
6) Management’s recent statements have been very strong and we believe clearly point to what is occurring at the Company. There are not a lot of investors looking at the Company currently as management’s credibility has been severely damaged over the past 18 months – therefore, shares did not move on this news. Nevertheless, we believe their statements clearly indicate that they have turned this company around and that strong revenue growth and likely profitability are close at hand. If this is the case, these shares will move much higher.
Here’s what they have recently said in press releases – It’s worth reading.
On June 7 – “As the stream of good news continues, we have been receiving the first deliveries of products for our permitted installations. Growing the backlog of financeable projects with shorter closing cycles has proven successful. With our new model we feel we have hit on the sweet spot in the industry and for CSS but more importantly we have built a strong sustainable model that we believe will create the much needed steady cash flow,” – “We closed the month of May with approximately $7 million in sales for 2011, and we are starting June on a very good note while bringing that total to $8 million. The project installations are beginning which will start to relieve the cash flow issues of the past. Forecasting future sales has proven difficult with our old model but with our new model running well, we look forward to discussing Q3 & Q4 2011. As we start the execution of the contracts during Q2, we will maintain the flow of information as events occur as demonstrated over the past 5 months. Although having a sales backlog is important, we need to execute on these projects in order to regain shareholder confidence and that is happening now.
On May 26 – “As we close the month of May with more than $7 million in closed sales for 2011, we have shown our model is working….” And “We have been delivering this continuous stream of good news in order for our shareholders to recognize that we have made serious and effective changes to our sales and operations model.”
On May 24 – “This brings our residential backlog to 73 homes exceeding $2.3 million within just 8 weeks of launching. Those are successful numbers for such a short period of time for a brand new program”
Joe Noel
We have no disclosures on CSKH
“We have all worked hard at CSS to turn the ship around from the financial abyss of the past several years and feel we have reached the first and most difficult step in accomplishing that goal. A long and healthy backlog of projects with the first permitted projects breaking ground is a great new beginning for CSS.”
http://www.joenoelstocks.com/stocks-covered/clear-skies-solar-cskh/joe-noel-what-clear-skies-solar-cskh-prepared-for-a-big-move-higher/
I'll wager it was JN putting his money where his mouth is.
Now its up to his followers to chip away at ARCA'a 2nd 500k block.
This is the bottom for CSKH imo - BUY IT
The solar sector is going to have a fabulous 2nd half in 2011 from what I've been reading (and posting here).
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JKUBICKI Member Profile JKUBICKI Share Monday, July 11, 2011 10:04:05 AM
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CSKH MACD showing buy
Italy and Spain must pray for a miracle
Once again Europe's debt crisis has metastasized, and once again the financial authorities face systemic contagion unless they take immediate and dramatic action.
By Ambrose Evans-Pritchard
5:36PM BST 10 Jul 2011
253 Comments
If the ECB's Jean-Claude Trichet is right in claiming that Europe was on the brink of a 1930s financial cataclysm a year ago - and I think he is - it is hard see how the threat is any less serious right now.
Fall-out from Greece flattened Portugal and Ireland last week. It is engulfing Spain and Italy, countries with €6.3 trillion of public and private debt between them.
Yields on Italian 10-year bonds hit a post-EMU high of 5.3pc on Friday. This is not just a theoretical price: the Italian treasury has to roll over €69bn (£61bn) in August and September; it must tap the markets for €500bn before the end of 2013. The interest burden on Italy's €1.84 trillion stock of public debt is about to rise very fast.
Spanish yields punched even higher, through the danger line of 5.7pc. The bond markets of both countries are replicating the pattern seen in Greece, Portugal, and Ireland before each spiraled into insolvency. And the virus is moving up the European map. French banks alone have $472bn (£394bn) of exposure to Italy and $175bn to Spain, according to the Bank for International Settlements.
"We believe the European sovereign crisis might be entering a new phase with contagion reaching the larger economies," said Jacques Cailloux, chief Europe economist at RBS.
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05 Jul 2011
Europe declares war on rating agencies
06 Jul 2011
Rapid PV Module Price Declines To Drive Strong Recovery In Second Half of 2011
Date: 30 June 2011
After declining for two consecutive quarters, PV module shipments are set to recover strongly in the second half of 2011, according to the latest report from IMS Research. Rapidly falling PV module prices will be a key factor in re-establishing demand in the second half of the year.
Weak demand in key markets in early 2011 - due to reductions in, and confusion over incentive levels - has led PV module prices to fall quickly. Similar to how the market responded during the period of weak demand in 2009, price declines have further impacted demand by causing some customers to postpone projects, with the aim of securing modules at a lower price at a later date.
However, developments in the first half of 2011 have placed the market in a perfect position for a strong second half recovery - the most significant development being that low installations in Germany indicate that a mid-year feed-in-tariff (FiT) reduction is now unlikely.
“As predicted, module prices have fallen incredibly quickly in the first half of 2011,” commented Sam Wilkinson, senior PV market analyst at IMS Research. “After two years of solid growth, demand has softened and PV modules are being priced highly competitively as a result.
We’ve seen modules from recognized brands being offered for less than $1.45/W (~€1.02). Such considerable reductions in prices, combined with no mid-year feed-in- tariff reduction in Germany, will make investment in PV attractive again, and IMS Research predicts that this will reignite the German market from Q3’11”.
IMS Research forecasts that PV module shipments will grow sequentially by an average of 30% in the third and fourth quarter, stimulated by strong demand from Germany and other fast-growing markets. Full year PV module shipments are forecast to reach over 23 GW.
According to IMS Research, strong growth of PV module shipments will stabilise prices in the second half of the year, and will also help to deplete the record levels of channel inventory that has built up throughout the supply chain during the first half of 2011. Channel inventory levels are predicted to return to a more sustainable level (approximately equivalent of one quarter’s production) by the end of the year.
http://pvmarketresearch.com/press-release/Rapid_PV_Module_Price_Declines_To_Drive_Strong_Recovery_In_Second_Half_of_2011/1
Are Solar Stocks Too Good to Be True?
By Travis Hoium
July 8, 2011 | Comments (11)
What if I told you there was an industry you could invest in that was growing more than 50% per year? What if leading companies in that industry had gross margins of 20%, 30%, even 40%? And what if I told you those stocks traded with single-digit P/E ratios? Wouldn't that sound too good to be true?
That's exactly where we are in the solar industry right now. Companies are trading at multiples usually reserved for industries with no prospect for growth or companies slowly going out of business. But solar is neither of those things, and it appears that the industry's stocks are extremely undervalued on the surface.
....
Solar is the future
You can debate among yourselves whether solar power is really the future of energy, but this Fool is drinking the Kool-Aid and driving the solar bandwagon. I think we'll look back in 50 years and laugh about the days when we got most of our energy from dirty coal and oil.
I'm seeing costs fall for solar power and rise for other energy sources and wondering how this could not be the future? Yes, there are challenges like energy storage and the intermittent nature of solar and even wind power, but I think these are challenges we can overcome with a little engineering muscle.
To me, this is like getting in on the tech boom in the early '80s. If you pick the right stock and hang on for the ride, we should be headed much higher.
the entire article...
http://www.fool.com/investing/general/2011/07/08/are-solar-stocks-too-good-to-be-true.aspx
Just the fact that they updated anything on the website is welcome news to me. The company website
is the "pubic office" of the company and the more they update it and add content the better.
Once a website is made its easy to add to it and change things from any computer anywhere. I'm hoping
John Conte is the guy smart enough to make this happen without having to ask some webmaster to do it.
I especially like how they added...
By providing us with your address we can do a preliminary satellite survey of your property. If we determine
that your site is suitable for a solar electric installation then we will contact you and send a team of
highly trained people to evaluate the shading and exposure of your facility. They will photograph, measure
and document your site. This documentation will be used to provide you with an accurate proposal that will
explain your costs and options. There is no obligation. As part of the evaluation process we will request
information relating to your current energy needs.
Thanks Diva, kinda of strange that JN continues to cover and tout CSKH when he has no shares.
So he sold the shares he received for his "services" cheaply helping to tank the stock
along with the old toxic convertible seller.
If he truly believes CSKH is an imminent 2-4 bagger one would think he would be on the .022 BID in a big way.
Is he just trying to help the investors he lead to slaughter?
What is his motive for talking up CSKH?
Whatever it is, he'll probably never say.
btw, thanks for sharing.
funny how I complained the most about CSKH's website being static. Well they certainly have been
adding content but I for one have been lax in checking for it.
I believe the following has been added to the end of the projects page.
Clear Skies Solar has numerous contracts signed which are awaiting bank financing, product delivery or rebate
assignments. The projects listed above are to illustrate the many applications of solar energy.
http://www.clearskiessolar.com/projects.html
Check this out...
http://www.clearskiessolar.com/rrequest.html
By providing us with your address we can do a preliminary satellite survey of your property. If we determine
that your site is suitable for a solar electric installation then we will contact you and send a team of
highly trained people to evaluate the shading and exposure of your facility. They will photograph, measure
and document your site. This documentation will be used to provide you with an accurate proposal that will
explain your costs and options. There is no obligation. As part of the evaluation process we will request
information relating to your current energy needs.
Me thinks they've been working on the website!
I don't recall seeing this on the website's front page either...
http://www.clearskiessolar.com/technology.html
and checkout the contact page...
http://www.clearskiessolar.com/company.html
Thanks Jimmy, thats good to know.
Here is a cut and paste of the stocks JN covers/covered, and 2yr charts on each of them.
I don't know when he took on these companies, but the charts should be telling nonetheless.
http://www.joenoelstocks.com/
Stocks Covered
AgriSolar Solutions (AGSO)
Applied Nanoscience (APNN)
Biomagnetics Diagnostics (BMGP)
CAMAC Energy Inc. (CAK)
Car Charging Group (CCGI)
Clear Skies Solar (CSKH)
eLayaway Inc. (ELAY)
Kraig Biocraft Labs (KBLB)
Medical Alarm Concepts Holding (MDHI)
Mimvi Inc. (MIMV)
Muscle Pharm Corp. (MSLP)
On4 Communications (ONCI)
Options Media Group Holdings (OPMG)
Patient Access Solutions (PASO)
PeopleString
Procera Networks (PKT)
Sitoa Global Inc. (STOA)
Stocks Covered
Strategic American Oil
Tara Minerals Corp. (TARM)
TechMedia Advertising (TECM)
ThermaFreeze Products Corp. (TZPC)
Uncategorized
US Highland (UHLN)
YesDTC Inc. (YESD)
Now that is how to take care of your steadfast shareholders!
If this gaps to dime I'll be a big time holder. I sure hope they changed accounts so they will be
able to book the revenue when they ink the contract. That would be a huge game changer here.
Then if they are still adding contracts like the first half of 2011 - BANG ZOOM!
I think JN is a bagholder like the rest of us. They paid him with restricted shares and he never
got the chance to sell at a price he thought CSKH would bring. After all he drank the kool-aid
with the rest of us, lol.
So there his incentive to get out and push to get this moving. His reputation is also at stake here,
who wants to be known as a tout for failing companies? Just maybe CSKH will be a trophy stock for
him when all is said and done!
The big question for me is do I hold at a nickle (break even) again and get burned a 5th time - or do
I get out and RUN far and fast?
You your just calling it like you see it, lol.
I'm glad you posted that response as it light some lights bulbs for PD and he saw "saw the light!"
Now all we need is for JN to redeem himself for shamelessly pumping in 2009-2010 with the toxic boy's were doing their dumping, and buy that 500k block ARCA needs to rid himself of. ie, he needs to put his money where his mouth is if CSKH is as undervalued as he says it is.
Nice post man!
I'm much more bullish now that we're changed accountants!
After all I'll Wager JN knows more than we do.
Go go Mr. Green!!! (Looks like he's planning on showing investors this time, instead of just talking)
Finally checking in. 647k volume I see, whereas yesterday's was 17k.
Sellers always seem to be able to find buyers, amazing.
I believe Joe Noel is a bag holder like the rest us and is looking to cash out on his pump. If 2nd quarter projects we're only just beginning 3 weeks before the quarter ended, How is it even remotely possible they will book $8M to $10M in Q2 revenues? He's just pumping.
On June 7 – “As the stream of good news continues, we have been receiving the first deliveries of products for our permitted installations.
And, although Management knows the numbers, they won't tell us until 8/15
This stock is so stuck in the mud.
NITE is on the best offer at .0225 trying to unload 300+k
Sellers aren't going to wait much longer Mr. Green
(insert multiple swears here)
The silence from management is deafening
On February 15, 2011 (the “Closing”) the Company closed a voluntary share exchange transaction (the Share Exchange Transaction”) with The Pulse Beverage Corporation (“Pulse”) by and among the Company, Pulse and the stockholders of Pulse (the “Pulse Stockholders”). The Pulse Beverage Corporation manufactures, distributes and markets the PULSE® brand of beverages containing functional ingredients that have been shown to promote health. PULSE® beverages are unique in that they were developed by Baxter Healthcare Corporation and contain ingredients that are widely considered to be critical to adult health. Pulse owns all the formulations, rights and trademarks relating to the PULSE® brand of beverages. The Company now owns the right to use the following Side Panel Statement: “Formulation developed under license from BAXTER HEALTHCARE CORPORATION”. This right is in perpetuity and does not require any royalty payments. On Closing the Company’s former President, Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary, agreed to surrender 26,660,000 shares of the Company’s common stock to the Company for cancellation. As a result of the Share Exchange Transaction, Pulse Stockholders received 13,280,000 shares of Darlington Mines Ltd. in exchange for 100% of the issued and outstanding common stock of Pulse representing approximately 46% of Darlington Mines Ltd. 28,800,000 issued and outstanding shares of common stock. Pulse became a wholly-owned subsidiary. In order to better reflect the Company’s business operations and to change the Company’s name, subsequent to the acquisition of Pulse, effective February 16, 2011, the Company filed Articles of Merger with the Secretary of State of Nevada and filed a Statement of Merger with the Colorado Secretary of State, in order to effectuate a parent/subsidiary merger. The merged Company’s name was changed to “The Pulse Beverage Corporation”. The Company’s new stock symbol is OTCBB:PLSB.
Well that 2002 article in the USA Today adds credence to...
PULSE® was developed by Baxter Healthcare Corporation. The parent company, Baxter International Inc. (NYSE-BAX), is a global healthcare company with 2010 sales of $12.8 billion.
So Baxter Healthcare is a subsidiary of BAX, That's a help. Maybe Baxter Healthcare didn't have much luck marketing their "pulse" drink, so 9 years latter a penny stock picks up the rights and PLSB is born.
Look at the title of the first result on the google search below. That's what made me think it was. But BAX is Baxter International which is contradicting.
http://www.google.com/search?q=Baxter+Healthcare+Corporation
nope, but vitamin drinks were being born.
Good question.
I'm knew here too and just kicking the tires.
Baxter International is a publicly traded company on the big boards trading at 52 week highs! What this large corporation would have to do with a penny stock is beyond me. It must be some other Baxter International is all I can think.
http://www.baxter.com
Checkout this 2002 USA Today article about Baxter's "Pulse" fruit-flavored, vitamin-laced premium-priced waters.
http://www.usatoday.com/money/advertising/2002-08-22-water_x.htm
And the answer is...
Do you think management is not communicating because:
a) They are waiting until they finish more projects ( very possible )
b) They are a scam and are just in it to sell stock ( because they switched fro the toxic convertibles to restricted private placement, I don't think so )
c) They are incompetent and don't know how to get more investors ( If the shoe fits... )
d) There is something bigger in the works and it is better to hold the price at current levels until certain things happen?? ( The only ones holding the price here are the sellers. The company has no control when the private placement share deals they did in the past decide to sell. - hopefully these PP investors are more in know and are not planing on cutting their losses at the first sign of volume interest. I'll admit, if we get good news and the pps moves, we'll get an 8k shortly after telling us of another private placement deal between .02 and .025 was done)
I think shareholders should be informed if Clear Skies Solar Inc. has installed at least one single solar panel on any roof at any time in the year 2011.
Investors demand to know! Are we funding a functioning company, or a company that solely exists off shareholders buying shares that the company can manufacture at will.
I for one am feeling hung to dry in the Hot sun! Interest in the company's stock is presently DOA
http://www.google.com/search?q=Clear+Skies+Solar
http://www.facebook.com/ClearSkiesSolar
http://twitter.com/#!/clearskiessolar
I'm thinking the it was the reverse merger that is screwing up the undefined quote. Ihub has no news for this company either. I asked on Matt's question and answer board what's up with that.
1.18 is about to fall.
I re-did the ibox, enjoy
Darlington Mines was the old company. It became Pulse Beverage Corp back in Feb.
And yes 1.5M shares translates into roughly $1.8M in dollars traded.
The Form D, rule 506 offering
Total Offering Amount $1,640,490
http://sec.gov/Archives/edgar/data/1420569/000151334611000001/xslFormDX01/primary_doc.xml
Rule 506 of Regulation D
http://www.sec.gov/answers/rule506.htm
Purchasers receive "restricted" securities, meaning that the securities cannot be sold for at least a year without registering them.