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Agree'd oil really dragged solars down but it all may turn for a while cautiously optimistic. Could just be a oil retrace not sure. Would rather just trade it
Top
Not to proud of it but I was already in at 20. 21.23 holding now out back in and out again. Oh well.
Top
I will probably day or swing trade it and just protect. No pm free account
thanks Top
Waiting for another pullback s/p starting to pullback
bounced off upper Vwap at 25.75
Thanks
Good speculation Top/ Dead on
Canadian Solar to Acquire Recurrent Energy from Sharp Corporation for $265 Million
I agree, no one can say we never earned it. Due to lack of research. it is what it is, and there was a lot of people that disregarded the Buckeyes also
Top
And that my friend would be a error in critical thinking,
Would you Jump in and invest that amount of capital in a country where there electrical structure is in financial turmoil?
There government is working to straighten it up, and the statement was made through the structured financial site. The investors are working closely with U.S. investment banks including Merrill Lynch, Morgan Stanley, JP Morgan and Piper Jaffray to clear Anti-Money Laundering compliance.
Were on there schedule, and it will happen one way or the other when they say. all IMO
Regards: Top
Well I like to think it's positive, but I have seen other projections fall short, so really don't expect much, but at least there's a time stature with this,IMO
pspw
Top
I was looking at the American Seawind connection
http://www.corporationwiki.com/Texas/Canyon/michael-styer/37014783.aspx
This has probably been dug up before, not sure
He sold this deal to cleanline,, they have several projects starting and building steam.
http://www.cleanlineenergy.com/sites/cleanline/media/news/June12010.pdf
http://www.cleanlineenergy.com/
Would like to call him haven't found number yet
Top
Waki have you ever done any research on Micheal Styer?
Thanks for digging that out
Not surprised on that one, People and groups have fought that project from day one.
Thanks for the posting Helikon, Let us know if you see or find anything out over there.
Top
Four generations of the Falaknaz family. Would you Let your Son Fail?
Seventy six-year-old Ahmad Mohammed Falaknaz, the head of the prominent Falaknaz business family, Ahmad Mohammed started his business with textiles and foodstuff in India, where he lived for many years with his family. After his father passed away, he returned to the UAE to take over the reins of the company.
Ahmad Mohammed Falaknaz SON is Abdul Rahman Falaknaz
Abdul Rahman Falaknaz studied in Mumbai and was a keen sportsman, so the first business I set up after my education in 1962 was the Emirates Sports Store, followed by the Falaknaz General Enterprises for building materials.
Mr. Abdul Rahman Ahmad Falaknaz
With a combined experience of over 100+ years, the management team is headed by Mr. Abdul Rahman Ahmad Falaknaz, Chairman and Director of Falak Holding and Partner in the Dubai Sports City project, which is valued at US$2 billion. Legendary in his commitment to the country’s sporting scene, Mr. Falaknaz has served on the boards of prestigious sporting committees such as Vice President of the UAE Tennis Federation and Member of the Organizing Committee for the Annual ATP Men’s and Women’s Tennis Championships, Chairman of the Dubai Cricket Council, Vice President of the Emirates Cricket Board, Board Member and Financial Director of the UAE Olympic Committee. He is also an active promoter of sports opportunities for youngsters in the UAE.
http://falaknazsports.net/about-us/
See link above reference management team, Sharif Rahman also
CFO / Board Director of 3power energy
He has a brother (I have no further information)
The family business is run by my brother Amin, who is two years younger and I. Today we have diversified into medicine, furniture, Habitat – which is 25 years old, real estate, jewellery and exhibitions.
Abdul Rahman Falaknaz SON is Mohammed Abdul Rahman Falaknaz
Mr. Mohammed Falaknaz serves as Vice President and Spokesperson of the Falak Holding Group (prominent Dubai based family investment company and major shareholder in the Dubai Sport City multi-billion dollar project) and the President of the UAE National Rugby Association. Mr. Falaknaz has been Chairman and Director at 3Power Energy Group, Inc. since December 19, 2011. Mr. Falaknaz has initiated and led local and international events for the Falak Holding Group and the UAE Rugby Association. Mr. Falaknaz received a graduate degree in computer science from University of Nebraska.
References
http://gulfnews.com/news/gulf/uae/general/the-old-and-the-new-1.374460
http://falaknazsports.net/about-us/
http://investing.businessweek.com/research/stocks/people/person.asp?personId=142261866&ticker=PSPW
Nice refresher waki, is our friend Kfa still here, I haven't heard from him in a while?
No just watching whats going on in UAE Falak's base
Solar Impulse
A little off topic of 3power,Who knows where Falak Holdings will land the first around the world solar airplane flight starts march 1st 2015
http://www.solarimpulse.com/
These Engineers were in Dubai at the future energy conference
With that said Waki is why I believe if falak brings in PSPW it may be on a project we do not know about, while we wait for our Albanian projects to develop also, speculation IMO, Thanks for your help on this board.
Real good post Waki There has been alot of things being corrected internally with this company and externally in Albania, But IMO all good, they need to have problems resolved for Hedge funds and Investors
PSPW
Hello Rock
I am seeking information regarding what the 60/40 means from the velocity page
Thanks TF
http://www.velocitysharesetns.com/ugaz
That's another nice website page for following
As we watch for our Albanian project for PSPW, I am anticipation something from these guys that we didn't have a clue it was coming, (and not a reverse split LOL) Here's a interesting renewable meeting coming up.
http://www.thenational.ae/business/energy/abu-dhabi-to-host-twin-focus-on-renewable
Does anyone think there selling off projects to buy the business from Sharp ?
Yep Hard to tell, but Devoll project is hot right now, was pspw working with Statkraft in the past?
Hello Waki IMO Probably for southern Albania Devoll River (project by Statkraft) They really got it cooking, check this webpage out on the bottom, Ive been watching them go at the Hydro in albania,
They have been looking for a lot of help.
http://www.devollhydropower.al/new/
Solar power to shine through in the Middle East in 2015
http://www.thenational.ae/business/energy/solar-power-to-shine-through-in-the-middle-east-in-2015
http://www.thenational.ae/opinion/editorial/switch-to-solar-is-the-way-forward-for-the-uae
What do you do with a 3 billion dollar credit line Falak Holdings?
Who knows? under pspw there would be many millionaires over night.
All speculation of course, but I would not be in if it wasn't for Falak Holdings supporting PSPW.
Happy New Years everyone!!!
A spokesperson for Recurrent Energy just informed Greentech Media that Canadian Solar has not bought the firm and that other bidders are still in the race.
CSIQ has been selling off a lot of other assets
http://www.greentechmedia.com/articles/read/Recurrent-Energy-is-Still-For-Sale
I'm holding small position
Here you go Dude, for your review
http://www.reuters.com/article/2014/12/30/us-usa-lng-excelerate-idUSKBN0K81CP20141230
Thanks, I just like the development in the county
Upgrade of Transmission System in Albania,Year 2015
Northern Albania Kosovo
this project is already committed to be financed by KFW of
Germany
Reference information.
http://www.encharter.org/fileadmin/user_upload/Conferences/2012_March/Albania_Electricity_Network.pdf
https://www.kfw.de/International-financing/
Has anyone ever researched the tax structure of Dubai, Could this be wrote off as a business expense for a Dubai company to limit Tax liability? Then why would a group invest this amount of capital?
Corporate Taxes
Company Tax
0%. There are no taxes levied by the Federal Government on income or wealth of companies and individuals.
Tax Rate For Foreign Companies
There is no difference between the residents and non-residents as far as taxation is concerned.
Capital Gains Taxation
None.
Main Allowable Deductions and Tax Credit
None
Other Corporate Taxes
None
http://www.globaltrade.net/international-trade-import-exports/f/business/United-Arab-Emirates/Taxes-and-Accounting.html###
Where those shares went to in the last 10k report
Company Operation Costs and Expenses
3Power continues relying on its shareholder Falak group for
financing its OPEX
http://www.3powerenergy.com/sites/default/files/news/files/3power_energy_news_130901_0.pdf
Exactly, Strong move by the in charge setting president, A shot over the bow to the general population, They need a few made examples of IMO.
Got to pay for convenience
http://abcnews.go.com/International/wireStory/albanian-deputy-minister-sacked-power-bills-27664071
http://www.foxbusiness.com/markets/2014/12/17/albanian-pm-fires-deputy-environment-minister-for-allegedly-not-paying-her/
There trying to clean it up over there for power business
Sounds like some one struck a nerve