cybertrader

[Egon]

Interessant lille aktie - Deli Solar

a substantial seller of hot water and space heating devices in the People's Republic of China

Chinese solar companies are hot. It seems that every week a new solar equipment IPO raises several hundred million dollars or more, largely spurred by government incentives in the PRC and some European countries.

"Deli is profitable. Last quarter it earned $.07 per share (fully diluted) on $6.56M in revenues. Annualized, that would be $.28 on approximately $26M in revenues, giving the company a P/E ratio on the run rate of under 5, and a P/S of under 0.5.

The numbers get even more amazing when you consider the cash on the balance sheet. At the end of last quarter, Deli had almost $4.6M in cash and no debt, or almost $.60 per fully-diluted share, approximately 6.2 million common shares and 1.8 million warrants outstanding."

http://biz.yahoo.com/seekingalpha/070220/27388_id.html?.v=1