GSL - Greatcell Solar

[Miner]

This thread was not touched for about a year.
Any one has still interest ?

The company issued SPP at 90 cents and market price is 87 cents.
I am not sure if they took the shareholders for ride ?
I would have felt very bad to buy at 90 cents when any one not loyal can buy it 87 cents

Would like to know from researchers on this one

Regards

 

[oldblue]

I've held DYE in the past but don't see them as a value proposition at these prices in today's conditions.
They're still in the development/negative cash flow phase but of course all that could change quickly, particularly if the partnership with Corus starts to translate into actual saleable products.

 

[Miner]

Hi Old Blue

Where is I do recognise your observation as right. But there are some value proposiitions I see in this share. I do not hold but doing some research and asking for others to comment

This company just asked for some fund.
Its research has received excellent support
With Energy driven market it has greta potential
Daily Reckoninig recommended it (they often do so jack their holding as well)
Corus is now owned by Tatas (major partner for RIV)

Just seeing the potential but market is very thinly traded so with low liquidity getting right price in buying or selling would be an issue

 

[oldblue]

Yes, DYE does have huge potential and strong support from universities, govt bodies and especially Corus. The problem is that their income from production is still minimal and they need to raise new capital on a regular basis. ( Note that their very recent quarterly report to March 2009 was making a big thing about their $6m cash on hand and reduced cash burn, only to be followed by a SPP issue less than a month later.)
DYE don't have the dye solar cell technology on their own but must have a very good chance of making the
"big breakthrough".
I rate it as an interesting speculative share but the SP is too rich for me at these levels.

 

[oldblue]

DYE have announced that they have received an order for in excess of $1m worth of DSC equipment and materials from a subsidiary of Petronas. This would have to be their biggest yet. Should be well received by the market.

 

[howard]

and now Dyesol is in the door of china...i think the next year will see things move very quickly and the 'Dyesol' name will become much more known within at least the construction industry with corus...the share price has been quiet but management are starting to let the world know of their potential. i think investors are simply not aware enough of its potential yet but once word gets out and maybe australian govt starts showing active support of our home grown inventors by applying their technology in govt construction we'll see this one fly. probably overseas will continue to use the technology before Oz sees the need..but so be it, either way it will go up when its ready-and that will be soon with all the news out of late..
personally im hanging out for the new technology so dont have to replace my current solar panels with same old technology-dyesol related business will really change things for a lot of people

 

[Wysiwyg]

I do think this company has potential but there are two factors that immediately come to mind. One is that business growth will require more funding in the next six to nine months with a present cash burn rate of about $3 mill. per quarter (last quarterly). Secondly the world government's stance on global warming issues and what laws will be introduced (if any) that will require businesses to review their energy consumption and environmental impact.

Watchlist.

 

[pixel]

It seems they're making progress:
Korea, Europe, and now USA collaboration with Pilkington.

We hold and keep buying dips.

 

[Apples]

Did anyone notice the 980000 shares in a single trade at $1.05 after close today. It nearly doubled the days volume in one hit. Maybe someone knows something we don't - either way it seems they are very confident.

 

[oldblue]

Did anyone notice the 980000 shares in a single trade at $1.05 after close today. It nearly doubled the days volume in one hit. Maybe someone knows something we don't - either way it seems they are very confident.

The buyer may be very confident.

But what about the seller?

There's two sides to every trade!

 

[So_Cynical]

Did anyone notice the 980000 shares in a single trade at $1.05 after close today. It nearly doubled the days volume in one hit. Maybe someone knows something we don't - either way it seems they are very confident.

The buyer may be very confident.

But what about the seller?

There's two sides to every trade!

Chart clearly shows where the top and bottom is...Apples you may have noticed in the last 8 or so months how there's like a couple of 100 stocks going sideways in a clearly defined channel....well the chart says DYE is one of them!

pixel must hold Alot of these if he's been buying all the dips and holding all thru the tops.
~

 

[Miner]

The buyer may be very confident.

But what about the seller?

There's two sides to every trade!

Did anyone notice the 980000 shares in a single trade at $1.05 after close today. It nearly doubled the days volume in one hit. Maybe someone knows something we don't - either way it seems they are very confident.

Interestingly today there was an announcement of an MOU between DYE and Pilkington.

I have attached ASX reports in which two directors have sold their significant holdings at 90 cents to some one in market on 24 March . Since then the price is only increasing. Could be fluke but why should the directors (assuming they know something which others do not know) sell at discounted price considering only couple of days before that transaction DYE received a speeding ticket from ASX.

My gut feeling is there is no real news and it is just manipulation of some of the traders to unload their bit

I do not hold and not contemplating to make a decision without having much more information

DYOR



On

 

[dreamon]

There does seem increasing positives for Dyesol now. They have had some significant announcements of international collaboration including; ‘Dyesol and Pilkington sign Joint Venture MOU’ last week (07/04/2010) and ‘Corus-Dyesol Milestone 7 Into the Light at the end of Febuary’.

Corus time line is for mass production of relatively cheap Dyesol colour bond like corrugated sheeting (solar panels) by mid 2011. Pilkington is one of the largest glass manufactures in the world so it would seem potential for mass production of glass Dyesol solar panels also. Timo from Korea plans commercial production of Dyesol solar panels in the second half of this year.
(I had a link here, but can't as first post - try googling it it)

They are also getting international exposure shown with announcements like ‘Dyesol Wins place in Bloomberg's Prestigious "5 New Energy Pioneers"’ (17/03/2010).

They’ve potential world changing green technology and this quote from The Australian shows the income potential:

“Caldwell says the planned initial 1 million-square-metre-a-year scale-up plant will generate revenue of $50m for Dyesol, rising to $1 billion by 2016 if a 20 million square metre plant eventuates.” (again, I had a link here -try googling it)

DYE’s chart is at a year high having an aggressive rise to break above both it’s high on 22/11/09 and now above its previous high since the WFC on 23/04/09.

Right now Dyesol are up another 7.7% on the German market (yahoo D5I.F - again -try googling or yahoo finance) so if it holds up over night, tomorrow should be another interesting day – may be an interesting year too for Dyesol.

Encouraging – time will tell.

DYOR, holding DYE

 

[dreamon]

Spotted there is an upcoming online conference:

Dye Sensitised Solar Cells: Technologies, Applications and Commercialization
When: Wednesday, April 21, 2010
5:00 pm EDT/ / 2:00 pm PDT
Cost: Free
Featured Speakers: Sylvia Tulloch, Managing Director and Richard Caldwell, Executive Chairman, Dyesol

To get the register page, googling the below search criteria should locate the web address.

Pira conference Dye Sensitised Solar Cells: Technologies, Applications and Commercialization

Also worth a note: Professor Michael Grätzel, for his invention and development of dye-sensitized solar cells has been shortlisted (one of three scientists) for the 2010 Millennium Technology Prize, the world’s largest award for technological innovation.

 

[dreamon]

Web page ‘Earth Times’ said the GIA (Global Industry Analysts, Inc., it says “is a reputed publisher of off-the-shelf market research”) announced April 14, 2010:

“GIA announces the release of a comprehensive global report on Solar Panels market.The worldwide installed capacity for solar panels is projected to exceed 33.4 thousand megawatts by the year 2015. This is primarily driven by the urgent need for an alternative source of energy that is renewable, abundant and at the same time eco-friendly. Perception regarding solar energy is undergoing a sea change, gradually shedding its image as an alternate source of energy, thereby underpinning the technology's strong penetration in both urban and rural communities alike.”

“Key players profiled in the report include BP Solar International, Inc., Bosch Solar Energy AG, Dyesol …..” [with about 30 companies noted]
________________

The breaks hit Dyesol the last few days, hopefully it’s not a pump and dump. I’m still holding DYE, but it’s getting iffy.

DYOR

 

[dreamon]

This chatter on the german stock forum site, 'wallstreet-online', under “Dyesol - New Solwarwert on the Australian Stock Exchange”, might explain some things. Not hearing the Dyesol “Web conference” apparently for German investors I don’t know its accuracy, but it at least shows what some are thinking in Germany – google translation less than perfect but the gist I think is clear enough:

# 10,628 of zimbo347 16:04:10 08:15:12 Post number: 39,346,524
The following answer applies to post no: 39,340,476 of Buddha63 at 15:04:10 13:26:58

“ Hi Buddha, nor is there any news regarding car manufacturers, but at the end of March, Web conferencing was told it would be in the next four weeks, a bus Eight anouncement.
There remains only wait and m. E. use the consolidation to increase.” (google translated)

(‘Buddha’ had asked: “Is there somewhere new information about Dye & automotive manufacturers?”)
_____________________
Hope they are right and it is consolidation and the SP can stay above $1.07, DYE’s previous high on the chart (still weary of what happens if there is a overall possible double dip on the markets).

 

[dreamon]

P.S. Dyesol, D5I on the Frankfurt exchange dropped 8.9% Friday night our time, after we had recovered to finish on the high of the day with DYE only down 1.6% on the ASX. mmmm

 

[dreamon]

ASX announcement for dyesol “MOU Signed with Singapore Aerospace Manufacturing Pte Ltd”.

http://www.dyesol.com/index.php?page=ASX+Announcements

Snippet

“While SAM’s roots lie in the aerospace industry, through acquisition and diversification, it has grown to be a multidisciplinary conglomerate with considerable capability in engineering, process automation and contract manufacture for a blue chip client base.

Gordon Thompson, Director of Dyesol, stated, “This MOU is a further example of Dyesol teaming with quality global partners to advance the rapid commercialisation of dye solar cell technology. There is a good strategic fit between SAM and Dyesol - our skill sets are complementary and the relationship to date has resulted in considerable benefit to Dyesol. Equipment sales represent a considerable portion of Dyesol’s current revenue base, and being able to supply integrated automated solutions offers further growth opportunities.”

http://www.sam.sg/aboutus/glance.html

Noticed SAM have manufacturing facilities in Germany also.

SP up on the Ann so far.

DYOR

 

[dreamon]

Well seems the announcement was well received with DYE finishing near its high, up 4.88% at $1.29. Not bad for a nervous day on the ASX. Seems the Germans like it too, up 14.3% right now (catching up DF51 SP 0.901 Euro ~ to $1.323 Aussie Dollas).

Chart for Dyesol on Frankfurt exchange code D5I,

http://tinyurl.com/yerjsff


Hopefully it is not just a timely bounce.

DYOR

 

[CityMiner]

Re: DYE - Dyesol just raised some cash

They just raised some cash - hopefully will let us know its going into finalising manufacturing plan. Wouldn't it be good to see an updated timeline showing when they will actually sell $X

Does anyone know some answers please