is...waitin' on a dollar
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
we could touch it, but we could just as easily touch. 075. My "conservative" estimate on the s/p after the finacials still seemed to be too aggressive. unless we receive some really exciting news or a significant development occurs, this really could be a long 3 month period of time before the next quarterly.
Moon...I'm glad Bucky and a couple others provided the response I started looking tthrough the10k last night and noted your findings. I am not knowledgable enough about the finer details of corporate finance and was searching for an intelligible answer. I said we need to state the facts, but I guess I need to fact check myself. My info was valid from the 10k, but in a rush to answer a cquestion on the board I missed the conflicting data. Glad others had a grasp of material.
Oh, and by the way, the way you described it in your reply is much more accurate than other statements made. Simple and factual, just what every budding investor wants and needs.
Not trying to split hairs. I would rather describe the SEC version of the financial facts than those of anonymous posters here or on other message boards. If I were the new prospective investor I would first rather invest in SLTD for the merits of what it has done and is tangible than what will happen based on confirmed accounts. Then I would take into account the exciting prospects. I just think we should attempt to state the facts. Especially for those doing their DD on whether to take the plunge.
Sorry....Before SUNworks SLTD had 194+ million issued
Wrong. The intelligent investors understand SLTD has forthcoming profits almost guaranteed by its' acquisition of SUNworks, but SLTD will not accrue the financial market benfits these profits will provide until the Q1 SEC filing.
I agree SLTD is not (technically) profitable yet. They will be at the Q1 release. However, you are talking about one billion AUTHORIZED shares and the difference is in the ISSUED shares. Before SUNworks SLTD had 194+ million authorized and now per the 10k it is broken down as such: Common stock, $.001 par value;1,000,000,000 authorized shares;
213,290,259 and 141,155,412 shares issued and outstanding, respectively
What in the 10-k should have changed the outlook for investors? The reaction is in line withwhat gas been released. Those of us LONG received the information about the Calender sovwe have a bit more confidence, but for new investors looking to buy on positive financial results (for SLTD) have to wait another quarter.
I like to see the guidance and development forecasts and schedule, but there's not much here to get excited about. The results are in lline with expectations. I don't see much more than a .125 high today after breaking through some short interest pressure. SUNworks results should move the needle more than this filing, but I expect any gain from SUN will be marginalized over the next month. So I guess we will be riding a similar results based train until Q1 or a significant PR related to the pilot run and 3rd party testing. Just happy filing still kept outlook positive. GLTA
PURCHASE PRICE... Just wondering what the SSOL investors thought was a fair valuation for the shares. The market cap is low and the share structure is relatively small (after the previous 1:500 r/s), so what valuation would you place on SSOL shares if they were given a tender offer? Obviously everyone would love to get paid, but I would love to know how a majority would feel.
I don't agree with your logic through to the end result, but I hope YOU are right!
My sincerest of apologies. I appreciate the feedback also. I hope I can ask open questions on the board about SSOL's business models and how they compare to larger more developed competitors. The lease model doesn't satisfy me for more of a personal reason, but I know the concept can be employed well if managed well. I was hoping others would provide a structure of how SSOL was laid out. Thanks again...
I'm thinking a combination of maybe a shorter moneytv segment Thursday evening and the PR/filing for SLTD released early Friday then the SUNworks filing released on Tuesday of next week followed by a several minute long moneytv segment on Thursday (3rd) to discuss the SUNworks results and to give a rah-rah speach on the 3rd prototype testing. I'm thinking no higher than .14 before weeks out and April 4th close around .125
Bamaboy...the terms of service do not restrict to the company stock of the board if the conversation has to do with the industry compatibles. The following is taken from IH guide to removing posts so unless you want to check your facts I would be mindful of attempting to moderate things beyond the scope of responsibility. Thanks... "This does not apply to industry or trading comparisons/discussion. For example, someone comparing a stock run to a similar run on another stock is fine. It also doesn't apply if someone makes an off hand comment that they took profits on another specific stock and brought them here. The goal is to remove clear, egregious promotion of other stocks ("Get out here and take your money to XXXX", etc.)."
Not to be picky, but it shouldn't show revenue for SLTD. It will set up the next quarterly which will have revenue from SUNworks, but this release (by both companies) will simply discuss how the companies will do and should excite all of us investors.
me too Moon
you may want to review the rise in SLTD on pending news of the SUNworks acquisition. On the news of the completed deal there was little gain and a decline since. Buy on the rumor sell on the news
TimWJ11, Did you get out of SSOL entirely and if so what was your reasoning? I have been looking at SSOL as a potential acquisition target and while SSOL doesn't have all of the positive qualities acquiring management would like they surely have a few key features. I am trying to learn more about SSOL before I grow my position, but there are some serious questions about the companies prospects. Any input you can add would be appreciated. GLTY
Thanks Bamboy, would you put their business model in the Solarcity or Firstsolar camp?
EarnestDD, do you have a stake in SSOL? If so, when would you feel it would be wise to add to the position knowing your knowledge of the company?
Can I ask why they lose money on every contract in your opinion. Is it fault of effective management, pressure due to competition or even a continued result of the pressures incurred from the pending lawsuits?
Can you add anything to your opinion? "lousy business model" isn't really the type of helpful information I would like to receive from people who have been on this board and involved in this company for some time.
Well JN can turn me into a progressive....SHOW ME THE MONEY!
I just have to go on the fact I HAVE TO SEE IT TO BELIEVE IT. I see big things, but the pace of the development has me thinking more conservatively in my predictions. If we ended at .25 for the year (taking away possible developments) then it would be a good year. .52 would be more inline with reality if things didn't change much. No matter what happens, if we see anything over 1.00 it would be outstanding. I don't see production this year other than maybe the pilot run so I am looking for 1.00 plus in 2015 (again CONSERVATIVELY)
At least they weren't requiring to connect to the electric grid. That in itself is promising. Having lived in Cape Coral it is a PRIME location for solar development. Biggest drawback would be the Hurricanes.
Mark / Moon
I put down as 5 too. I realized after my selection was input it wasn't dollars...OOPS!
Either way Tim there is enough "pending" news in the pipeline to keep this primed after financials are released. Hopefully we could see news on the 3rd prototype output, news on the patent applications, news of another acquisition, news of a production partner and each quarterly financial release to keep it all moving upwards. Depending on how promising the outlook appears with the next release this could/should move steadily up at around 25% to 50% quarter over quarter and with significant news this should jump by even more. IMO
arizuela, thanks for the input. I have read some of the posts related to the lawsuits, but if you had to summarize the situation in a business forecast objective what are your feelings on the results if the lawsuits favor SSOL or if they go against SSOL? Is their business improving enough to survive and grow without these settlements or is this their make or break lifeline? The way I see it, they are in a prime market and with the right business model/plan they should be able to grow their business by anywhere between 100 to 300 percent over the next 12-18 months.
Were you around during the last 1 for 500 reverse split?
Thanks for the info. Will they be looking for a gross/net profit? I understand there was a large one time profit in the last quarterly. It appeared they were already working towards positive earnings quarter over quarter, so are there any expectations on this annual and in future earnings? If so, why? Looking into adding some shares, but I need to do some DD first. Anything glaring I need to know?
New to board. Any word on 10-Q for latest period. Seems to be late.
Well the last quarterly for Sept 2013 showed $1,765,000 gross revenues and after magical CPA math they booked $1,512,000 net profit. I think the majority was booked as additional income due to a possible legal win. Seems they were improving their margins q/q and were due to move into a positive position in that latest quarter anyways. I just wonder if they could apply SUNworks organizational processes and quickly push this companies existing footprint in line with SUN's returns.
Has anyone done research on next possible acquisition(s)? Do you think they will grow in CA, move into the SW or expand into Eastern US next? Full disclosure I own small positions in installation companies across the US which (mainly) trade over the counter. There is one company in particular (CA) which has a smaller share structure than SLTD and recently turned a net quaterly profit. They could definitely benefit from SUNworks management and would stretch the footprint into L.A. Do you think Jim wants the headache of other shareholders or do you think he wants privately owned entities?
A good percentage of those are probably JN shares.
Well this is only the first prototype. By the time the third survey comes out it will be found to be 250% better!
I think the MODERATORS SHOULD add this post as a sticky for new investors to read. (It's not pump material just a concise expression of this companies promise)
Moon...thanks for the post. I couldn't have stated it better. No numbers and you didn't even have to add anything to the concept of development which we don't already know as fact, expressed intent or even supported theory about the company. I am content to be patient, add some shares where able and know I will be rewarded for this investment.
I hope so. I just wonder if it will be more of a setup for the next bit of news and for the first combined quaterly in a few months. Hopefully we could have a nice run of positive announcements month to month until then.
Sorry...hands off.
Nome said: "Solar3d owns sunworks and sunworks distributes panels. Therefore Solar3d distributes solar panels.
If you don't want to see "speculative" posts about the "distant future" I suggest you invest in another company because speculative and distant future decompany by its very nature of our investment in solar3d. "
To the first I again refer you to the pending SLTD financials. I am sure it will show SLTD did not distribute anything more than money and additional shares. Sorry, but no panels. As far as investing in another company, I am ivested in the right company, but its the company I keep here I need to change. The speculation with SLTD's future is accepted by most investors here, but it's the speculative garbage people put out (like Panasonic funding SLTD) that I would likr to see gone. People need to deal in facts which can be substantiated.
Nome said: "Solar3d distributes panels through sunworks. That's what I said. I never said that they distrusted solar3d panels through sunworks."
Let's get this straight. SLTD has NEVER distributed panels. To say SUNworks uses other manufacturers panels in their projects would be accurate. To say SUNworks "distributes" would be accurate, but SLTD has NEVER distributed panels. If you need evidence I will refer you to their pending financials.
It would be nice to discuss facts here or discuss areas of learning each investor may need to gain and not fill this board with speculative posts which are not plausible until the distant future or used to promote another stock/company/industry.