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.
you got more problems than keeping your panels on your roof if the wind gets up to 200 MPH
NICE! right in the middle too. and in red block writing. should go through the roof now with so much prime-time pub.
Im curious who the most educated country is, in the article just below the awesome news. Syria?
yeah, they do charge a service/connection fee. but i agree, going off grid doesn't sound appealing.
every indication points to it taking off soon.
solar city does not want people to solely rely on battery storage however. they want people connected to the grid still. I know thats not something you agree with
Batteries aren't commonplace yet. you may have them. it may be common in your geographic area. But they aren't widely used, yet. just because something existed a long time ago, doesn't mean it was widely used or significant.
solar city scaled back their battery installations, because the utilities are creating problems and delaying everything.
A lot of installation companies don't offer battery storage. battery storage is only around 120 MW right now, insignificant at the moment. But battery storage is expected to grow quickly over the next several years. so if we define "game changer" as something that changes the landscape of the solar industry, then i think battery storage will fit that definition in the future.
No, they haven't given any explicit indication that a partnership is imminent soon. It's somewhat implied when they state that they are currently in talks with several manufacturers.
some people prefer to believe it will happen soon. The timeline is anywhere from right now to the end of the year, 4 months from now. That's if everything goes according to plan. My guess is we will have a partner within a few months. but thats just a guess.
JN is probably on the phone with a manufacturer right now, yelling into the phone "SHOW ME THE MONEY!"
here's the press release:
http://www.solar3d.com/view_news.php?Id=89
Dr. Son continued, “Our mandate was to create a solar cell that would produce substantially more power than the current technology at a low enough cost of production to deliver a considerably lower cost per watt of solar electricity. Now, we intend to partner with a manufacturer who can take us to the last step—final commercialization and manufacturing.”
Mr. Nelson concluded, “We anticipate combining the last steps with one partner who will be able to produce a manufacturing prototype, do a test run, and go commercial. This approach will simplify the development process considerably. Finding the right partner is our goal. We are currently holding conversations with several potential partners, including large domestic and international manufacturers.”
There is no way that is true. You don't limit the price you can sell shares at, you limit the price you pay for the shares. At least with options
I know the regulars on here already know all of this information, but to rehash
Q1 1.5 million
Q2 7.5 million
Q3 expected to be 8 million+ (19 million in backlog a few months back, and the residential sector was doing nearly 1 million in april and growing, so we can assume thats over 1 million per month).
Abe Emard, CEO of SUNworks, added, “Not only are we realizing substantial results now, but our combined residential and commercial contracted backlog is well over $10MM and we anticipate adding to it substantially in the next few weeks.”
they then added the 3 MW Wineries deal (which many expect conservatively is worth 9 million, based on current average pricing for installations)
Q4 see Q3
looking at 25 million plus in revenue and a profitable penny stock that is growing at a significant pace. i have yet to find another penny stock like this one (if anyone knows of one, please, let me know :)
the expected dilution should already be accounted for by serious investors, as someone already pointed out. and the continued and rising revenue each quarter will more than outpace any damage done by the dilution this year.
and after this year, further dilution will be minimal unless they acquire another company. In that case I would assume they would issue less convertible notes/warrants/options and use more cash and financing (which should be more readily available and in better terms to a profitable company). so the situation would be very different financially next time around.
this is to say nothing of the potential uppercut-waiting-to-happen that is the solar cell. which is complete and highly talked about by JN and their head of technology. and they're in talks with large manufacturers currently.
worth every share of dilution, IMO
the Q3 10Q is probably 45+ days away.
the latest it could come out would be november 14th (45 day SEC requirement).
http://www.sec.gov/answers/form10q.htm
they filed their last 10Q for Q2 earlier than usual, 23 days after the quarter ended (July 23rd). Slightly earlier filings might be the new precedent. so I'm guessing late October.
They don't go more than 3 weeks without a press release, usually. The last one being on 8/26. so by mid september at the latest.
we'll definetly get some good news before the next 10Q filing
I was just having some fun with everyone who thought the price was going down yesterday based on the patent talk.
I can't wait until Q3 earnings though, when a new floor will be set at a higher PPS.
yeah about the volume, my scottrade account shows 282767 today.
You guys started talking about Solar City, and then SLTD's price dropped. coincidence, I think not. your only supposed to pump SLTD on this board, not discuss things.
"the beta on Solar3D is a whopping 5.26 so it could be compared to riding a bull. strap in and hang on baby!"
http://www.guerillastocktrading.com/stock-market/solar3d-heating-up-as-volatility-soars/
I think we will finish green today.
thats my opinion when it comes to California installations. They should just use SUNworks. I'm hoping if they acquire an installation company that they are east coast, or at least in a different state than SUNworks.
this stock sees a big upswing on news and then a sell-off that leaves the price even lower than it started. happens nearly every time with news. Traders, not patent discussion, drive the price up then down.
Aren't we still waiting on this Ch2 report? are you confident it's not coming and everything from this point forward only involves the national phase?
The filing released last night and the filing from a week ago are identical except for the first page. This new first page doesn't give any detailed information regarding the amendments.
so did you not want to hear that they are growing at a fast enough rate to justify moving into a much larger building? or that they can support a much larger staff now because of this development?
What price are you looking to get back in at Cerp?
Solar3D’s SUNworks Division Triples Size of Headquarters
The company secures a 20,000 square-foot building in Roseville, CA to accommodate its projected solar systems growth
Roseville, CA – August 26, 2014 - Solar3D, Inc. (OTC: SLTD), a leading solar power company and the developer of a proprietary high efficiency solar cell, today announced that its SUNworks division has secured a 20,000 square-foot building located in Roseville, CA to house its northern California operations beginning Q4 of 2014.
SUNworks will use the new 20,000sf building with over 12,000sf of warehouse space equipped with multiple docking stations to facilitate its commercial & residential solar systems backlog, as well as to support increased staffing. The Roseville location will remain the company’s headquarters as it expands into the Southern California market before the end of the 2014 calendar year.
“As SUNworks continues to experience significant growth, approximately 300% year-over-year, we will continue to focus on providing our customers with industry leading products and services, an objective facilitated by this relocation,” said Abe Emard, CEO of SUNworks CEO. SUNworks President, Emil Beitpolous, added, “It is remarkable to think that just five years ago we moved into this 6,000 square-foot building with room for growth, and now we are tripling the size of our building to maintain production at optimal levels.”
“We are very excited about this transition into our new headquarters, which showcases California’s solar sector growth, as customers continue to rely upon SUNworks as a premier solar integrator,” said Jim Nelson, CEO of Solar3D. SUNworks was acquired by Solar3D in early 2014.
SUNworks is focused on the design, installation and management of solar systems for agricultural, commercial, & residential customers. SUNworks has delivered hundreds of 2.5 kilowatt to 1-megawatt commercial systems and has the capability to deliver systems as big as 25 megawatts. Second quarter results will be reported with Solar3D’s 10Q, due to be filed shortly. Reporting of Solar3D and SUNworks results will be fully consolidated by the second quarter of this year.
I saw that the other day, it seems a lot of big name brand companies are ramping up their solar portfolio. I believe Apple recently invested a decent amount in solar. Google has been for awhile, but they always seem to be on the cutting edge of everything.
I feel ya there. win win
It's woman's suffrage day, didn't you know. Merkel is running things in Germany like a boss, killing coal to the delight of markP.
you miss my point. they're a poor example when it comes to comparing P/E ratios.
That Solar City 70 P/E reference wasn't correct. Anyways, they aren't profitable yet, so that was a poor example to begin with.
better examples
SunEdison
http://ycharts.com/companies/SUNE/pe_ratio
SunPower
http://ycharts.com/companies/SPWR/pe_ratio
What would it take to get the PPS to $5?
If they successfully manufacture the 3D cell, and it lives up to its power output, then wont that be the standard in the industry for some time? i think so. And that would mean a lot of 3D cells manufactured.
I have no idea what the margins will look like when they manufacture the cell. if they produce a lot of cells and NET about 60 million, then we can play with the numbers and get:
P/E ratio: (price/(net income/outstanding shares)
5 for the current price
60 for the NET income
500 for the outstanding shares, which I'm being very conservative with here, so I rounded it way up
60/500=.12 (earnings per share)
so 5/.12
If the PPS is valued at 5 dollars and they are bringing in 60 million in NET, and they have 500 million outstanding shares, then the PE would be 41 times earnings
You would have to get an average PE for the industry, to determine a fair PE ratio, but 40 is a very real possibility considering Solar City is or was around 70 times earnings. The PE can fluctuate a great deal, so there could be a time when S3D gets a lot of publicity, and the PE goes through the roof for a period of time.
at 60 million in NET, they could be priced at 5 dollars. if they bring in 120 million it could be priced at 10 dollars. etc.
with installations alone, the margins are somewhere around 10% if we use the last quarterly as an indication:
"The quarterly report contains SUNworks’ second quarter sales of $7.5 million representing an increase of over 600% compared to Q1 2014, resulting in operating profits for the quarter in excess of $762,000."
.762/7.5
so the revenue would have to be pretty big to get us past $5. but over time, with acquisitions and/or large deals for SUNworks, that could be a possibility. If they bring in 600 million in revenue, at 10% profit margins, then we could reach that 60 million in NET income (not really, it's operating profits but thats close enough for this rough hypothetical). that would mean bringing in 150 million in revenue per quarter.
If you increase profit margins, raise the P/E ratio, or lower the outstanding shares then the revenue needed would be even less.
someone correct me if my math is wrong :)
The cool thing is S3D should have significant revenue from both the 3D cell and SUNworks. so there are a lot of combinations that could play out to get to that level of income.
what will be really interesting, is to find out what the income generated for the 3D cell will look like with the initial partner. how much they'll get per cell? and how many cells will be produced?
I think they are currently protected, so they can proceed with a manufacturing partner right now
we're not.
If JN is directly stating that the patent process is moving along according to plan, and the company is submitting 4 national patents, then we probably don't need to worry about the patent.
I actually have to go in to work really early today. 10 am :)
No worries. DN is right, they wouldn't be going forward with 4 national patent applications if there was a problem with the international patent
REC Solar also has a nice facility in Singapore
yep, this puts to rest any patent related worries. the rest is just a formality if I understand the process correctly.
Nice PR today. everything seems to be right on track with the cell.
Good call on this one bucky. for once someone actually got the timing right on something :)
Good timing for S3D
"To move existing silicon-based cell capacity further forward now requires new technologies to be implemented, which has the potential to drive solar manufacturing into the first widespread technology buy cycle seen within the industry," said NPD Solarbuzz VP, Finlay Colville. "The solar PV industry previously operated without a clear technology roadmap, which is no longer an option in the rapidly growing solar PV industry."
http://www.pv-magazine.com/news/details/beitrag/factory-delays-spurring-higher-cell-efficiencies--finds-npd-solarbuzz_100016136/#axzz3AmkkCFrC
here are a few possible manufacturing partners (i didn't include Chinese or Taiwanese due to tariffs but they could also be an option i suppose)
REC ASA
SUNPower
Hanwha SolarOne/Q-Cell
SolarWorld
SunEdison
Canadian Solar
Kyocera
Panasonic
Sharp
Crystal Solar
Solexel
Suniva
SBM Solar
First Solar
Solar Frontier
Solar City
Alps technology
Keep it simple. buy another installer outside of SUNworks geographic radius. increase your market share in a quickly growing market.
While organic growth alone is anticipated to make the company substantially larger in 2014, Nelson also reported that Solar3D is actively seeking additional acquisitions to enlarge the SUNworks division, and is in conversations with a number of candidate firms.-JN
we can interpret this in a few different ways, but SUNworks is an installation company...
they have produced 7.5 million real results
I agree with this to some degree. But, it won't hurt anything to send him short words of congratulations regarding where he has taken the company thus far (with SUNworks), as well as completion of the 3rd working prototype. Or wishing him and S3D luck and just letting him know he has a lot of long-term investors supporting the company. you know, humanizing who's out there on the other end (us shareholders). Or letting him know something is confusing about the 8K, I'm sure he can use feedback if it's intelligent.
But then you have people asking him questions he clearly can't and shouldn't answer, and this is a waste of time. Or emailing him several times, and believing it is their right to get an answer right away. or people calling him "Jim the Snake", which is ridiculous.
Epak...I actually don't think there is a person on the end of that keyboard, just a chimpanzee punching keys. ALL IMO of course.
Now, we intend to partner with a manufacturer who can take us to the last step—final commercialization and manufacturing.”
Mr. Nelson concluded, “We anticipate combining the last steps with one partner who will be able to produce a manufacturing prototype, do a test run, and go commercial. This approach will simplify the development process considerably. Finding the right partner is our goal. We are currently holding conversations with several potential partners, including large domestic and international manufacturers.”
get out of here with this partner talk :)
gotta keep that post-count low. quality over quantity for sure
an hour? you only need to step out for a few seconds man
well, seconds is a bit dramatic. But a successful manufacturing pilot run would be a huge catalyst. That MIGHT be the greatest risk point as well, taking the product from lab to fab. once that is in the clear this stock will have a lot of room to run.
based on all of the information we have right now it should be a lot higher. but those of us who have followed this stock closely and for a long time know this, but we are probably a select few (lucky ones).
It was nice Jim mentioned:
"Finding the right partner is our goal. We are currently holding conversations with several potential partners, including large domestic and international manufacturers.”
they arent going to be bought out if you look at all of the evidence and reason from there.
they are growing so rapidly, so it would be hard to value them properly.
they have finished a cell that could potentially take over the market if its done right. and all evidence points to the notion they are right on track with everything.
they are actively seeking a new installation company to takeover. why would they be doing this and muddying up the financial balance if they are considering being taken over?
they could start a bidding war on the % S3D receives for each cell manufactured however
click on the posters name highlighted in blue right below the picture on the left (if they have one). and then a few choices down on the left is ignore. unfortunately you can only ignore 5 people unless you are a paid member