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If you see 30,000 shares even on the sell side that's probably me trying to day trade at work. My job is soooo boring. I try to sell high, buy low intraday with a small portion of my shares.
I'm very long overall though (heh)
regarding point #2. I too have a question about this. if the closing price drops below .057, then whatever price it ends at is the new low price from the point of the acquisition until now. So there would be further dilution.
who benefits from this dilution? I know its in the 8k that was released at the time of the acquisition but I don't really want to dig through that again.
Do the execs from SUNworks who received the 20,000,000 something shares/options benefit from this? or is it the finance company who owns the loans used by Solar 3D to acquire SUNworks?
If i remember correctly it is the finance company who owns the loans who would benefit, but i'm not sure in what manner.
Does anyone know this well enough to summarize it for me/the board?
I thought I was all set with my long position, but with these prices and the pending news over the next few months I'm going to have to load up on a few more shares. my focus has been too narrow, I had to check the chart before i realized we were getting close to a Post-SUNworks low again.
Seems like it would be smart timing for them to release some type of good news, to keep the price above that .057
welcome aboard,
Installation is the place to be in solar stocks, IMO. You get a piece of that action with SLTD because of SUNworks.
SUNworks provides a nice backbone for this company, and makes it a unique penny stock. Many penny stocks are hugely speculative and priced higher than SLTD with absolutely no product to offer.
I don't think the efficient market hypothesis holds up in this case "the efficient market hypothesis states that at any given time and in a liquid market, security prices fully reflect all available information"
we shall see, I'm excited about the future of this one though
hopefully they can hit on a few of these big contracts, that would really accelerate growth
"We are experiencing new sales of over $1MM per month on the residential side of our business and we have tens of millions of dollars of bids out on exciting commercial and agricultural projects that should yield substantial revenue over the next few months," said Abe Emard CEO of SUNworks.
I'm terrible at reading these financial statements. so am i right in that the commercial and agriculture numbers are not even listed on there? is it just residential numbers that were posted?
anyways all's well that ends well. It's pretty obvious this company is headed in the right direction. I had to chuckle to myself when I read the press release and immediately began looking forward to the next 10-Q.
Jim has mentioned other acquisitions several times in the past statements, he's been pretty adamant about that. I believe we will see one of these in the near future.
there's nothing like the backdrop of a walmart store to get the masses fired up :)
Yeah I think he's done with that. shortly after they acquired SUNworks he was done with it, IMO
so Cinco de mayo is the last day they can file the 10-Q, unless they use the extension?
nothing wrong, its very quiet today. i thought the same thing at first
Yeah you beat me to it
Solyndra spent a lot of money in a short period of time. The list of things they fucked up is long. In fact, Jim Nelson explicitly talked about this:
http://o.dailycaller.com/all/2012-04-17-learning-from-the-solyndra-debacle#1
Won't be long before we see if the R&D was worth the costs. I think it will be an overwhelming yes, but we'll see
Its not really worth debating though because the new technology was what this company was created for
hmmm. I think i read one of your other posts stating the same thing and I honestly thought you were joking...why does EVERYONE ELSE want them to develop the 3D technology?
competitive advantage-An advantage that a firm has over its competitors, allowing it to generate greater sales or margins and/or retain more customers than its competition.
I'm hoping for at least 30-35 MW of installation this year. someone posted this before, but here is a website that ranks the top solar installation companies in the U.S. SUNworks is ranked 72 but they are 67th in total MW installed for 2013.
http://www.solarpowerworldonline.com/top-250-solar-contractors/
if this is accurate, SUNworks installed 15 MW in 2013. If they grow at 300% then they would be around 45 MW. Which i think would put them into the top 50 installation companies for 2014.
If they get a couple of huge contracts they could hit those numbers, or better.
and the numbers line up. im not going to go back through the 10K/8K but i believe SUNworks tripled their net income from 2012 to 2013 (like 200,000 to 600,000?), so that would line up with the numbers from this website, which shows they went from 5 MW installed in 2012 to 15 MW installed in 2013.
Solar stocks are getting whacked today. That's at least part of the reason we aren't seeing a price increase. Then again it's still early
the wide angle light collection throughout the entire day also distinguishes the 3D panels from these
it's good investment strategy to question everything. You sort of have to attach a weight or value to everything, however. prioritize whats important basically.
so looking at the big picture him returning a few phone calls and spending a minute or two isn't a big deal. it just isnt important, at least IMO. As the company grows i would assume Jim will stop this practice, and use increased attention to his advantage.
one of the main features of a CEO's job is to inform investors. and yeah, a lot of CEO's dont respond to individual investors, especially small ones. But at this point in the company he doesnt have a big medium to reach out to the public. He probably has a few minutes throughout the day to make these responses. and im sure jim is aware that what he tells people in these phone calls and emails will reach a wider audience at times.
and some people on this board do hold a substantial position.
I think we are beyond the point were this company could potentially be a fraud. SUNworks and the working prototype take that out of the equation. I think the more important risk points are the patent, a manufacturable 3d cell, growing SUNworks and adding other installation companies without diluting the hell out of this stock (i dont mind some dilution like many others on here).
But i appreciate your skepticism on a few points, so i'm not knocking it. just giving my opinion.
IMO, the lower the price per share, the more the stock moves in either direction. sellers move the stock down easily. like DjB pointed out, every time he sold he drove the price down and couldn't complete his order.
I'll be glad for the day when the stock price is high enough to avoid this but I'm not too worried. The nice thing is that prices often go up in anticipation of earnings, so we might not have to wait until the 10Q is released to see a substantial increase. the buy on the rumor sell on the news idea
The mobile app does not work well for ihub apparently
Anyone want to talk about solar panel leasing? SUNworks provides financing and the leasing of panels. I know a lot of the solar installation companies provide this financing and some provide the leasing of panels. The big one that comes to mind is solarcity.
How does this work? Sunworks would lease the panel to a customer for a set number of years and when this lease is up SUNworks owns the panels? Do they try to re-lease them back to the customer after this? Or do they sell the energy back to the grid? I know there are a lot of legal issues surrounding reselling excess energy and the laws should change significantly over the years. But it's an interesting concept and would be a continuous source of income.
It's a great business model to make money off the initial installation of a panel and then the company still owns the product for long term use. That would be a major asset to actually own a bunch of these panels. And the customer lowers their energy costs so it's a good deal for everyone.
Anyone want to talk about solar panel leasing? SUNworks provides financing and the leasing of panels. I know a lot of the solar installation companies provide this financing and some provide the leasing of panels. The big one that comes to mind is solarcity.
How does this work? Sunworks would lease the panel to a customer for a set number of years and when this lease is up SUNworks owns the panels? Do they try to re-lease them back to the customer after this? Or do they sell the energy back to the grid? I know there are a lot of legal issues surrounding reselling excess energy and the laws should change significantly over the years. But it's an interesting concept and would be a continuous source of income.
It's a great business model to make money off the initial installation of a panel and then the company still owns the product for long term use. That would be a major asset to actually own a bunch of these panels. And the customer lowers their energy costs so it's a good deal for everyone.
Exactly.we won't see profit for solar 3d but I'm hoping we get some nice news alongside the tax release
The margins for solar installations look pretty good right now. The sector would not be growing the way it is (41% in 2013) if it wasn't economical for many. If all this red tape and resistance were taking place than this would be a niche market.
But it's not.
Theres obviously going to be resistance in any emerging market. No company wants to give up any of their market share. But there is also support. Tax credits. And ever increasing environmental problems also apply some leverage in solars favor.
The battery issue with solar city and the utility companies is pretty ridiculous. But that's irrelevant to solar 3d at the moment and for the foreseeable future.
I have not heard anything about exorbitant hookup fees for regular solar panels. They must not be that high since SUNworks has a sizeable backlog of orders currently.
Anyone have any good information on these high priced hookup fees?
I agree with you. I was just projecting forward based on the statement Nelson made about the 300% increase.
Any solid growth bleeds the risk out of this stock however. At least at this price.
I'm going to guess 27.20% efficiency
As someone mentioned a few days ago we don't know last years January sales numbers to compare, but 300% growth is always spectacular.
The demand for SUNworks installations seems to be higher than their supply. it sounds like they have a backlog of orders from 2013, not a bad thing at all IMO.
"Having generated revenues of more than $8.5 million last year, the company began 2014 with an impressive pipeline of orders, prompting Solar3D to act"
http://www.pv-magazine.com/news/details/beitrag/solar3d-acquires-californias-sunworks_100014098/#axzz2vZyKvqLT
I want to break down the numbers on here so that someone with more knowledge can correct me
SUNworks was projected at 7.5 million gross at one point. "Its revenue for 2013 is estimated to be in excess of $7,500,000, with estimated pre-tax profits of almost $1,000,000."
http://www.solar3d.com/view_news.php?Id=73
does anyone know what tax percentages look like for solar companies? i know they are given a substantial tax break for clean energy right?
the pre-tax profit was near 1 million at this number (the profit margin was around 13.3% then).
so if the later revision that they exceeded 8.5 million last year is accurate, then they earned (pre-tax) 1.13 million last year. if they are up 300% so far this year and continue this, then you could extrapolate their income to be about 3.39 million (again, assuming they stay at 300% growth).
the beautiful thing is compound growth. Obviously speculating here, but if they grow at a rate of 300% each year, then we would see:
3.39 net by the end of this year
3.39 x 3= 10.17 (end of next year)
10.17 x 3=30.51 (3 years away)
30.51 x 3=91.53 (4 years)
91.53 x 3=274.59 (5 years)
just some fun with the numbers but that kind of growth gets pretty crazy, even pre-taxed.
None of this takes into account the many other variables at play here. the patent(s), testing of the 3rd prototype and its efficiency, fabrication test run, large scale fabrication, acquisition of other companies, etc, etc.