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Sunpower will reach ard 0.85 today
The S&P 500 just did something that has meant gains 100 percent of the time
Continue buying
Looking at the trend this company is defintely gaining trust in China. Projected value @0.810 end of day.
As rules apply, buy in now cos it will shoot to a new high by today
Coming up at 3pm
Consolidating and will push up by 12
Buy in now....before it is too late...Refer to news below
Will be testing 0.85 base on the good results
Sunpower wins contracts worth $235 mil from Sunpower Group, the manufacturer of energy conservation products in China, has won contracts totalling RMB116.68 million ($235 million).
The contracts were awarded to wholly-owned subsidiary, Jiangsu Sunpower Pressure Vessels Equipment Manufacturing Co. by Xinjiang GCL New Energy Material Technology Co., a wholly subsidiary of Jiangsu Zhongneng Polysilicon Technology Development Co., and AVIC International Beijing Company.
The group will be supplying towers and reduction furnaces to Phase I polysilicon project of Xinjiang GCL, which has an annual production of 100,000 tonnes. The contract value is worth RMB84.16 million. The products will be delivered in 2017 and will have a positive impact on
In addition, the group will be supplying heat exchangers to AVIC Beijing, with a total contract value of RMB32.52 million. The products will be delivered in 2017 and is expected to have a positive impact on the group?s FY17 results.
For Immediate Release
Sunpower secures contracts worth RMB90.3 million from
Hengli Petrochemical and Jiangxi LDK PV Silicon
Products to be delivered in 2017 and 2018
Will contribute positively to the Group&rsquo s FY2017 and FY2018 results
Remain committed to cement the Group&rsquo s position as the leading player in the
high-end environmental equipment manufacturing area
Singapore, 30 March 2017 &ndash Mainboard-listed Sunpower Group Ltd. (&ldquo 中 圣 集 团 &rdquo , &ldquo Sunpower&rdquo
or &ldquo the Group&rdquo ), a one-stop solution provider for energy conservation, waste-to-energy and
renewable energy projects which specialises in the design, R& D and manufacture of energy
conservation products in China, is pleased to announce that the Group&rsquo s wholly-owned
subsidiary, Jiangsu Sunpower Pressure Vessels Equipment Manufacturing Co., Ltd.
(&ldquo Sunpower Pressure Vessels&rdquo , &ldquo 江 苏 中 圣 压 力 容 器 装 备 制 造 有 限 公 司 &rdquo ) has secured two
contracts worth a total of RMB90.3 million from Hengli Petrochemical (Dalian) Refining and
Chemical Co., Ltd. (&ldquo Hengli&rdquo ) and Jiangxi LDK PV Silicon Technology Co., Ltd. (&ldquo LDK&rdquo ).
The Group will supply six heat exchangers to 1.3 million tons/year of propane/isobutane
dehydrogenation facility of Hengli refinery and chemical integration project, which has a
capacity of 20 million tons/year. The contract is worth RMB58 million. The products will be
delivered in 2018 and will have a positive impact to the Group&rsquo s FY2017 and FY2018 results.
This contract further affirms the strong working relationship between Hengli and the Group,
that has previously provided core equipment for Hengli Petrochemical (Dalian) Co., Ltd.&rsquo s
PTA projects numerous times.
In addition, the Group will supply a fluidized bed reactor (FBR) to LDK with a contract value
worth RMB32.3 million. The products will be delivered in 2017 and will have a positive impact
to the Group&rsquo s FY2017 results. This is another supply of hydrochlorination FBR involving a
capacity of 200,000 tons in addition to what was supplied previously to Jiangsu Zhongnen
Polysilicon Technology Development Co., Ltd. The Group takes the leading position in the
polysilicon hydrochlorination FBR area involving a capacity of 200,000 tons. The winning of
this contract also lays a solid foundation for the Group to further penetrate into this industry
as well as cooperate with LDK and other polysilicon manufacturers in the future.
Mr. Guo Hongxin, Chairman of the Sunpower Group comments, &ldquo Leveraging on the
Group&rsquo s strong technological capability and stable quality customer base, we will
maintain the consistent growth of our high-end environmental equipment
manufacturing segment with the securing these two big contracts. At the same time,
we will also proactively look for new customers and explore new markets as well as
enhance our market competitiveness to cement our position as the leading player in
the industry.&rdquo
Pl ignore the 'direct' and 'save' (should be safe). Type and auto correct and didn't proof read. Thinking of saving too hard already lol.
HVRRVH ( Date: 13-Feb-2017 13:36) Posted:
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Wah from 30 cents plus cheong until 84.5 cents! More than 2 baggers already. Again divested too early for me. Some s chips are really fundamentally sound and worth investing in. Like CAO, China merchant (delisted), direct, sunsine etc etc. Whenever people slam s chips I will just remind myself of ABL or even Jason holding so as to remind myself not to be bias. Cheers and congrats to those vested. With the latest hugh convertible bond subscription with high profit requirement I think it is a sound and save investment!
risktaker ( Date: 01-Feb-2017 06:21) Posted:
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Anyone looking at this gem?