Australian (ASX) Stock Market Forum

Solar stocks - when will Australia wake up?

Jump to new
sunboy said:
So Solco is back. The financial report from today shows, solco got a profit of 0,37 Mio for the first three months. The recapitalisation and the new structuring of business is now working. Solco has done the right things just in time, they are back on the way. Now it ´s only a question of time when this positive news are helping the stock. We ´ll have great fun with this solar stock. I ´m buying,back to 0,40 $.
Solco is future.
Bye

The current stock price is 0,071$, for comparison reasons later.
It won ´t get cheaper. :) :) :)
Click to expand...


Ladies and Gentlemen!
So now we have 0.10$. So we got 40% since my last recommendation. I told you, it ´s just the beginning. I will post again when we will reach the next step: 0,20$. It won ´t take a long time. We are on the way. Nice to be invested.
Bye
 
Funny I never saw this thread b4......

SOLAGRAN.......try 125% in the last 4 months.....

SLA wins the game!
 
Yep been holdin since last year hopin and prayin for rain (well sun actually) SOLAR TOWERS bring them on, Can compete with other baseload companies with 0% emission. Even on cloudy days it works, at night it works F%$#KN Brilliant :D
 
b15h said:
You guys heard of this one?

www.enviromission.com.au

massive 200MW solar thermal towers planned for Austalia, China and US, check it out.

---B15h---
Click to expand...
Been following this one for years. Ultimately it's likely to work quite well at reasonable cost IMO. It's certainly a better option than wind etc.

As for the technology, it is in practice a hydro-electric scheme turned upside down and using air instead of water to operate. Basically you've got rising air driving the turbines with a storage at the bottom and outlet at the top. Very similar to having falling water driving the turbines with a storage at the top and tailrace at the bottom.

It is the storage aspect that makes both solar towers and hydro a viable power source. The sun doesn't always shine and it's not always raining. Neither is the wind always blowing. But the ability to store either water or heat overcomes this limitation thus providing a firm, as opposed to intermittent, power source. :2twocents
 
sunboy said:
Ladies and Gentlemen!
So now we have 0.10$. So we got 40% since my last recommendation. I told you, it ´s just the beginning. I will post again when we will reach the next step: 0,20$. It won ´t take a long time. We are on the way. Nice to be invested.
Bye
Click to expand...

You hold Solco sunboy? If so, what's your average purchase cost?

I hope you didn't buy too much in March when you first recommended this stock. Otherwise you'd be down more than 50%.
 
The Government has revealed a range of measures to tackle climate change will be part of tonight's Budget, including spending $150 million over the next five years to increase the use of solar power in homes, schools and community buildings.

This is the news I was waiting for. The government has recognized that they have to do something to support environmental companies. Solco (A0DNX0) is one of companies which will get a big piece of the action. Look at the chart, Solco is now on the right way: They had the turnaround half a year ago, but the potential of the stock is much bigger. As long as dyesol is worth 1 $, the world is out of order. The fair value of Solco is 2 $, regarding the future potential after the goverment decision. So Australia, if you don ´t buy now, it will be surely too late. We have the breakout which was only a consequence compared to the view of other countries with respect to solar insustries.
Normally I have to rename my topic. Now we can say:Australia is awake, when will Solco reach the true value of 2$?
 
Hi Sunboy,

I was wondering how you came up with your fair value calculation of $2 as it is not evident in your post and thus is little more than a blatant ramp.
 
Dude,,, look how much you have lost? If you convinced anyone to buy last year they would be spewing.

GetGif
 
as ramp as I think you are Sunboy - you have a point when it comes to solar still not being given enough spotlight, especially any company in the silicon market atm.

Thats why I'm trying to find a portfolio of good solar companies.

Apart from DYE and SOO, are there any other options for Australian investors?
 
cheers bill - looks like the technology and market share is good, but the share price is steep!

I think I may have to go with DyeSol at this stage of the game.

Another company that looks like it is considering launching an IPO is http://www.solarsystems.com.au

they do Solar Concentrator Technology.
 
Caliente said:
Another company that looks like it is considering launching an IPO is http://www.solarsystems.com.au
Click to expand...

Have you heard if they actually are Caliente. I did a bit of research back on solars stocks and was quite impressed with this company. They have developed a photovoltaic cell with boeing that has from memory 30-40% efficiency. Would like to get on board if this company floated.
 
sunboy said:
The Government has revealed a range of measures to tackle climate change will be part of tonight's Budget, including spending $150 million over the next five years to increase the use of solar power in homes, schools and community buildings.

This is the news I was waiting for. The government has recognized that they have to do something to support environmental companies. Solco (A0DNX0) is one of companies which will get a big piece of the action. Look at the chart, Solco is now on the right way: They had the turnaround half a year ago, but the potential of the stock is much bigger. As long as dyesol is worth 1 $, the world is out of order. The fair value of Solco is 2 $, regarding the future potential after the goverment decision. So Australia, if you don ´t buy now, it will be surely too late. We have the breakout which was only a consequence compared to the view of other countries with respect to solar insustries.
Normally I have to rename my topic. Now we can say:Australia is awake, when will Solco reach the true value of 2$?
Click to expand...

Sunboy, if you are going to claim that $2 is Solco's 'real value' then I think you are obliged to provide some analysis to back up your view.
 
You are right. I have several arguments, which should not be a ramp. It is only my opinion. + 13% yesterday was a good step. The next days are decisive. If we get the 0,20 there will be a big support by the chart technics, it is only a question of time. We had a very big interest in the last days, Solco is future.

1)If I compare Solco to Dyesol, I see the following: Dyesol is worth 1,13$ at the moment and has sales of 1 million $ (loss: 2-2.5 Mio). Solco has a current revenue of 15 Mio. and got the turnaround and has been profitable for half a year. Furthermore they have better products (www.solco.com.au) , so the stock price must exceed the one of Dyesol.

2) The market capitalisation of a similiar environmental company "worldwater" is 100 Mio. US $. Solco has 21 Mio. US $ and has the same profit. Current stock price of worldwater 0,60 USD. Increasing tendency.

3) The last point is the most important for the 2$. The government has recognized the potential of solar stocks for the environment and for Australia.
With this decision, it is sure, that Solco will get a part of the promised money, because they are one of the minor solar stocks. Let ´s say Solco will get between 10 - 30 mio. to expand their products and market share. This is a big chance for Solco and don ´t forget, solar and water companies in other countries are the big players for years. I think, now it ´s the best to invest, it won ´t get cheaper. Please compare the chart of a another value: Ascent solar tech. (photovoltaic). This will happen also to Solco as a logical consequence.
No ramp, only a big chance!!!
 
Top