Solarfun Power Holdings Co., Ltd. (SOLF) - 500 Beiträge pro Seite

[panik]

Profile:Solarfun Power Holdings Co., Ltd., through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., manufactures and sells photovoltaic (PV) cells and PV modules primarily in the People’s Republic of China, the United States, and Europe. PV cell is a semiconductor device that converts sunlight into electricity by a process known as the photovoltaic effect. The company produces two types of PV cells and modules, which include monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules. It sells its products directly to system integrators and through third party distributors. The company’s customers include solar energy product distributors, engineering and design firms, and other energy product distributors. In addition, it offers PV cell processing services to convert silicon wafers into PV cells on behalf of third parties; and solar system integration services directly to end-users. The company was founded in 2004 and is headquartered in Qidong, the People’s Republic of China.

http://www.solarfun.cn/einfo.htm

[panik]

Solarfun Announces Sales Agreement With UB Garanty Project S.L. for 140MW of Photovoltaic Modules
Tuesday January 16, 8:21 am ET


SHANGHAI, China--(BUSINESS WIRE)--Solarfun Power Holdings Co., Ltd. ("Solarfun") (NASDAQ: SOLF - News), an established manufacturer of photovoltaic (PV) cells and modules in China, today announced a significant new sales agreement. Under the terms of the agreement, Solarfun will sell approximately 140MW of photovoltaic modules to UB Garanty Project S.L. over the next three years. The contract is expected to have an estimated value of between US$40 million and US$50 million in 2007.

Mr. Yonghua Lu, Chairman and CEO of Solarfun commented, "I am pleased to announce this new contract with UB Garanty Project S.L. We believe it will expand our existing market share and enhance our brand name in Spain and we are confident that Solarfun will continue to penetrate high growth PV markets such as Spain, Italy and other emerging markets in Europe."

About Solarfun

Solarfun Power Holdings Co, Ltd., is an established manufacturer of both PV cells and PV modules in China.

Established in August 2004, Solarfun conducts substantially all of its business through its operating subsidiary in the People's Republic of China (PRC), Jiangsu Linyang Solarfun Co., Ltd., or Linyang China, and two majority-owned subsidiaries of Linyang China, Shanghai Linyang Solar Technology Co., Ltd., which provides system integration services in China, and Sichuan Leshan Jiayang New Energy Co., Ltd., a manufacturer of PV modules. Solarfun sells its products both through third-party distributors and directly to system integrators.

Safe Harbor Statement

Except for statements in respect of historical matters, the statements in this release contain "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual performance, financial condition or results of operations of Solarfun to be materially different from what is stated or may be implied in such forward-looking statements. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors. For a list of these factors, please refer to Solarfun's filings with the U.S. Securities and Exchange Commission.

The forward-looking statements in this release reflect the current belief of Solarfun as of the date of this release and Solarfun undertakes no obligation to update these forward-looking statements for events or circumstances that occur after such date or to reflect the occurrence of unanticipated events.



Contact:
Solarfun Power Holdings Co., Ltd.
Kevin Wei
Chief Financial Officer
26F BM Tower
218 Wusong Road
Shanghai, 200080
P. R. China
Tel: [phone]
E-mail: [e-mail]
or
Christensen
Christopher Gustafson
Tel: [phone]
E-mail: [e-mail]

--------------------------------------------------------------------------------
Source: Solarfun Power Holdings Co., Ltd.

[scopus]

[meinolf67]

Laut Prospekt wollen Sie Ende 2008 Kapazität für 360 MW haben!

Weiß jemand, wer die Anlagen liefert?

Roth+Rau ?
Manz ?
Sonstwer?

[scopus]

sieht gut aus

[scopus]

keiner dabei?

[3854]

angeblich beliefert die firma auch alte bekannte aus der deutschland...beispielsweise sunline

[Rihjinele]

Doch... ich bin dabei!! GO GO GO Solarfun!!!

Auch bei Renesola!

[KKTC]

hat jemand auch die Unternehmenszahlen zu hand

Umsatz
Gewinn
KGV

usw.

[amorphis]

wofür eröffnet man einen thread...und pflegt diesen dann nicht mal mit zahlen des unternehmens?

Press Release Source: Solarfun Power Holdings Co., Ltd.

Solarfun Power Reports Fourth Quarter and Fiscal Year 2006 Unaudited Financial Results
Wednesday March 7, 7:12 am ET
Fourth Quarter 2006 Highlights:
-- Net revenue increased 207.0% to RMB244.7 million (US$31.4 million)(1) compared to the fourth quarter of 2005 and increased 33.9% compared to the third quarter of 2006
-- Net income was RMB33.0 million (US$4.2 million), or RMB1.30 per basic ADS (US$0.17 per basic ADS), an increase of 224.5% from the fourth quarter of 2005 and 36.6% from the third quarter of 2006
-- PV module shipments totaled 7.8MW, up from 2.5MW in the fourth quarter of 2005, and up from 5.6MW in the third quarter of 2006
Full Year 2006 Highlights:
-- Net revenue increased 279.7% to RMB630.9 million (US$80.8 million) compared to fiscal year 2005
-- Net income increased 635.1% to RMB105.9 million (US$13.6 million), or RMB4.76 per basic ADS (US$0.61 per basic ADS)
-- PV module shipments totaled 19.0MW, up from 5.2 MW in fiscal year 2005

SHANGHAI, China--(BUSINESS WIRE)--Solarfun Power Holdings Co., Ltd. (NSDQ: SOLF), an established manufacturer of both PV cells and PV modules in China, today announced unaudited financial results for the fourth quarter and full fiscal year of 2006.

ADVERTISEMENT
click here
For the fourth quarter of 2006, the Solarfun recorded total net revenue of RMB244.7 million (US$31.4 million) and net income of RMB33.0 million (US$4.2 million), or RMB1.30 per basic ADS (US$0.17 per basic ADS). Total net revenue for fiscal year 2006 was RMB630.9 million (US$80.8 million) and net income was RMB105.9 million (US$13.6 million), or RMB4.76 per basic ADS (US$0.61 per basic ADS).

Yonghua Lu, Chairman and Chief Executive Officer, commented, "2006 was a landmark year in the history of our company and culminated in our successful listing on NASDAQ in December.

The offering itself helped us raise US$135.5 million, which should leave us in a strong position to continue our plans to expand our production lines and procure silicon supply. Our financial results reflect our strong position, despite continued challenges, especially in terms of sourcing stable supplies of raw materials at reasonable prices. We set records in terms of both revenue and net income for the fourth quarter and full fiscal year as we added PV production capacity and diversified our customer base. Since the IPO, we have also made significant headway in a few areas of focus. First, we are pleased to report that we completed construction and started operation on our third and fourth cell production lines in early March. Second, we received UL certification for our PV modules last week. We believe this will allow us to broaden our geographical reach more effectively, and in particular, penetrate the U.S. market."

"As we head into 2007, we will continue to work on securing silicon supply and expanding our international marketing efforts, especially in the US and in European countries such as Italy and Spain. In the near term, we believe there will be a reduction in gross margin from the end of 2006 as a result of a drop in price levels due to both seasonality in the market and uncertainty regarding renewable energy policies in some countries. However, on an annual basis, we believe our growth will remain robust. Looking out longer-term in 2007, we believe we will see a rebound in demand as the new solar-related regulatory policies and incentive programs in our target markets become finalized."

Fourth Quarter 2006 Results

Solarfun's total net revenue for the fourth quarter increased 207.0% to RMB244.7 million (US$31.4 million) from RMB79.7 million in the fourth quarter of 2005, and increased 33.9% from RMB182.8 million in the third quarter of 2006. Growth in net revenue in the fourth quarter was primarily due to an increase in production volumes and strong overall demand, and was partially offset by a decline in average selling price ("ASP"). Total PV module shipments and ASP were 7.8MW and US$3.96 per watt, respectively, in the fourth quarter of 2006, compared to 5.6MW and US$4.04 per watt, respectively, in the third quarter of 2006. During the fourth quarter, Solarfun derived approximately 99.8% of total net revenue from PV modules.

Gross profit for the fourth quarter was RMB65.6 million (US$8.4 million), representing an increase of 326.0% from RMB15.4 million in the fourth quarter of 2005 and an increase of 26.4% from RMB51.9 million in the third quarter of 2006. The gross margin increased to 26.8% from 19.3% in the fourth quarter of 2005, and dropped slightly from 28.4% in the third quarter of 2006. The sequential decrease was largely attributable to an increase in the cost of silicon and a decrease in the ASP in the fourth quarter of 2006.

Income from operations for the fourth quarter was RMB35.3 million (US$4.5 million), or 14.4% of total net revenue, which compares with RMB11.1 million, or 13.9% of total net revenue in the fourth quarter of 2005, and RMB30.2 million, or 16.5% of total net revenue in the third quarter of 2006. The year-over-year increase was primarily due to the higher gross margin. The sequential increase in operating profit was mainly due to increased PV module shipments and was offset by the decrease in gross margin, higher selling expenses, and higher general and administrative expenses as a result of the continued business growth.

Net income for the fourth quarter was RMB33.0 million (US$4.2 million), representing a 224.4% increase year-over-year and a 36.6% increase from the third quarter of 2006. Basic earnings per ADS for the fourth quarter of 2006 were RMB1.30, or US$0.17 per ADS.

Full Year 2006 Financial Results

For the full 2006 fiscal year, the Company's total net revenue increased 279.7% to RMB630.9 million (US$80.8 million) from RMB166.2 million in 2005. The Company derived approximately 95.8% of its total net revenue from PV modules. The increase was mainly due to a large increase in production volumes and strong overall demand.

Gross profit for 2006 was RMB184.4 million (US$23.6 million), representing an increase of 601.1% from RMB26.3 million in 2005. The gross margin increased significantly to 29.2%, compared with 15.8% in 2005. This increase was primarily due to the ramp-up of Solarfun's PV cell production capabilities, which has allowed the Company to use its own PV cells for module production. Income from operations for 2006 was RMB113.8 million (US$14.6 million), or 18.8% of total net revenue. This represents a 602.5% increase from RMB16.2 million in 2005, when operating income was only 9.7% of total revenue.

Net income for 2006 was RMB105.9 million (US$13.6 million), representing a 635.0% increase from the previous year. Basic earnings per ADS were RMB 4.76 (US$0.61 per ADS) in 2006 compared to RMB1.32 in 2005.

Financial Position

As of December 31, 2006, the Company had cash and cash equivalents of RMB1,137.8 million (US$145.8 million), and working capital of RMB1,482.7 (US$190.0 million). Total bank borrowings totaled RMB410.9 million (US$52.7 million), of which RMB15.0 (US$1.9 million) were long-term bank borrowings.

Business Outlook for 2007

Based on current operating and other conditions, Solarfun estimates that it will achieve the following for the full 2007 fiscal year:

* Net revenue of US$265 million to US$285 million, representing year-over-year growth of 228% to 252%.
* PV product shipments of 80-90MW, representing year-over-year growth of 254% to 298%.
* An increase of annualized total PV cell production capacity from 60MW at the end of 2006 to 240MW by the end of 2007.

Recent Events

Completed IPO listing on NASDAQ:

In December 2006, the Company completed its IPO, generating net proceeds of US$135.5 million, net of listing expenses. The Company intends to use the proceeds to expand its existing PV cell production lines, purchase raw materials and to meet general working capital requirements. Upon the consummation of the IPO in December 2006, all of the Company's outstanding 79,644,754 Series A Preference Shares were automatically converted into 79,644,754 ordinary shares.

Sales agreement for PV modules with UB Garanty Project SL:

In January 2007, the Company entered into a sales agreement for PV modules with UB Garanty Project S.L. in Spain. Under the terms of this agreement, the Company will sell approximately 140MW of photovoltaic modules to UB Garanty Project S.L. over the next three years. The contract is expected to have an estimated value of between US$40 million and US$50 million in 2007.

Installation of PV cell production lines:

The Company finished installing and commenced operations on its third and fourth PV cell production lines in early March, 2007. These two lines bring the Company's annualized PV cell production capacity up to 120 MW.

Receipt of UL Certification for photovoltaic modules:

Solarfun received a certificate of compliance from Underwriters Laboratories (UL) for twenty of the Company's PV modules in early March. The UL certification demonstrates the quality of Solarfun's products and should help the Company in its international sales development, especially in the US, which is one of the biggest markets in the world for solar power.

Underwriters Laboratories is an independent, not-for-profit product-safety testing and certification organization in the U.S. that is recognized around the world for setting safety standards for electronic products.

[spiritrob]

hi, bin jetzt eingestiegen
aufgrund einer empfehlung
in www.wirtschaftsblatt.at
"der sieg im wirtschaftsblatt-(erneuerbare energie)aktienvergleich ging an solarfun. überzeugt hat die aktie mit einem hohen gewinnwachstum und empfehlungskonsens sowie einem vergleichsweise niedrigen kgv."

ich hoffe, deren analyse taugt etwas

sonnige grüße

[amorphis]

Antwort auf Beitrag Nr.: 28.520.890 von spiritrob am 27.03.07 16:11:03

und wenn nicht - auch nicht schlimm. verlass mich eh auf meine eigene. und die sagt kaufen.

[spiritrob]

dann kann ja nichts mehr schief gehen

sag mal, weiß du bescheid über die marktkapitalisierung? auf google steht 125 mio. und auf yahoo 600 mio.?

[amorphis]

das ist die aktuelle:

Market Cap: 622.05M

greez

[spiritrob]

Antwort auf Beitrag Nr.: 28.544.349 von amorphis am 28.03.07 15:52:13

danke
und alles gute!

[BarfuSs]

hallo,
RT 14,86$ +13,96% Vol. 1.0560.156

[BarfuSs]

Antwort auf Beitrag Nr.: 28.840.476 von BarfuSs am 16.04.07 17:27:42

.
.
SOLARFUN POWER HLDGS ADR



China Direct, Inc.: CHND Sponsors Earning Call Transcript of China-Based U.S. Public Company at Seekingalpha.com
4/16/2007

Boca Raton, Florida, Apr 16, 2007 (M2 PRESSWIRE via COMTEX News Network) --
China Direct, Inc. (OTCBB: CHND), a company maintaining active, majority stakes in a diversified portfolio of Chinese companies as well as offering consulting services for both private and publicly traded Chinese entities, announced today that it has sponsored earning call transcripts at http://www.seekingalpha.com including, Fushi International, Inc. (OTCBB: FSIN), China Fire & Security Group, Inc. (OTCBB: CFSG), CDC Corporation (NASDAQ: CHINA), China Pharma Holdings, Inc. (OTCBB: CPHI), Zhongpin Inc. (OTCBB: ZHNP), New Dragon Asia Corporation (AMEX: NWD), Ninetowns Internet Technology Group Company Limited (NASDAQ: NINE), GigaMedia Limited (NASDAQ: GIGM), China Security & Surveillance Technology Inc (OTCBB: CSCT), American Oriental Bioengineering, Inc. (NYSE: AOB), Suntech Power Holdings Company Ltd. (NYSE: STP), Mindray Medical International Ltd. (NYSE: MR), China GrenTech Corporation Limited (NASDAQ: GRRF), eLong, Inc. (NASDAQ: LONG), Linktone Ltd. (NASDAQ: LTON), Hurray! Holding Co., Ltd. (NASDAQ: HRAY), Home Inns & Hotels Management Inc. (NASDAQ: HMIN), Solarfun Power Holdings (NASDAQ: SOLF), Global Sources Ltd. (NASDAQ: GSOL), 51job, Inc. (NASDAQ: JOBS), KongZhong Corporation (NASDAQ: KONG), China Finance Online Co. (NASDAQ: JRJC), NetEase.com, Inc. (NASDAQ: NTES), China Medical Technologies, Inc. (NASDAQ: CMED), and Focus Media Holding Limited (NASDAQ: FMCN), Baidu.com, Inc. (NASDAQ: BIDU), and SINA Corp. (NASDAQ: SINA), and Sohu.com, Inc. (NASDAQ: SOHU).

Earnings call transcripts are one of the most important resources used by investors to research stocks and by companies to communicate with investors. So, to help investors better understand both our portfolio companies and other publicly-traded Chinese companies, we are partnering with Seeking Alpha to make transcripts of upcoming earnings calls available free of charge.

To read about these transcripts, please visit http://china.seekingalpha.com/sitetranscripts About China Direct, Inc.

China Direct, Inc. (OTCBB: CHND) maintains active, majority stakes in a diversified portfolio of Chinese companies as well as offering consulting services for both private and publicly traded Chinese entities. Our platform allows small to medium sized Chinese entities to successfully expand their businesses and effectively compete in the global economy. As your direct link to China, our Company enables investors to directly participate in the rapid growth of Chinese economy in a diversified and balanced way. For more information about China Direct, please visit http://www.cdii.net.

About SeekingAlpha

Seeking Alpha is the leading online publisher of professional stock market opinion and analysis. Its editors select, edit, tickerize, and categorize submissions from more than 300 money managers, finance professionals and industry experts from their blogs, newsletters and direct submissions to seekingalpha.com. Seeking Alpha is also the only online source of thousands of free conference call and investor presentation transcripts. It also publishes annotated summaries of leading financial news stories, excerpts from new IPO filings and a regular housing market roundup, all at no cost to readers. Seeking Alpha provides more comprehensive coverage and in-depth analysis than traditional media outlets, currently covering more than 4,000 stocks and ETFs. For more information, visit www.seekingalpha.com.

Safe Harbor Statement

Certain statements set forth in this press release constitute "forward-looking statements". Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and ExChangge Commission at http://www.sec.gov.

CONTACT: Richard Galterio, Executive Vice President, China Direct, Inc. Tel: [phone] e-mail: [e-mail] Ezra Marbach, Seeking Alpha Tel: [phone]

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail].

(C)1994-2007 M2 COMMUNICATIONS LTD
.
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GruSs BarfuSs

[amorphis]

Antwort auf Beitrag Nr.: 28.543.960 von amorphis am 28.03.07 15:37:48

as i said...kaufen... neues ATH unter heavy volume...sehr ordentlich.

[BarfuSs]

Antwort auf Beitrag Nr.: 28.849.226 von amorphis am 16.04.07 23:53:25

nur in deutschland nicht
Frankfurt 300 st.
Stuttgard 340 St.
Berlin 100 St.
USA über 4.000.000 St.
.
.
GruSs BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 28.849.512 von BarfuSs am 17.04.07 00:03:32

sorry,
SK 17,68$ = +35,58% und ein Vol. 5.123.420

[amorphis]

hier gehts jetzt erstmal weiter - flying like a free bird

[BarfuSs]

Antwort auf Beitrag Nr.: 28.850.181 von amorphis am 17.04.07 00:49:52

moin
ich binn jetzt hier!!!
und es wird eine BarfuSs flying

[ChrisHamburg01]

Nettes Plus. Bin in diversen Solartiteln (Trina Solar, Solarfun, Deli Solar und Solarfabrik) investiert. Bisher machen mir alle richtig viel Freude

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 28.859.006 von ChrisHamburg01 am 17.04.07 15:33:21

Muss mich leider korrigieren: Solarfun macht heute wenig Fun

[BarfuSs]

wir müssen auf die amis warten

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 28.876.960 von BarfuSs am 18.04.07 12:44:59

Auch die haben mich gestern nicht erfreut

[BarfuSs]

Antwort auf Beitrag Nr.: 28.877.018 von ChrisHamburg01 am 18.04.07 12:47:45

na ja vorgester war ein kursanstie über 30% oder???

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 28.877.553 von BarfuSs am 18.04.07 13:17:32

Ja, das war ja auch fein. Ich weiß, ich bin undankbar :O

[BarfuSs]

Antwort auf Beitrag Nr.: 28.877.895 von ChrisHamburg01 am 18.04.07 13:35:00

bist du noch da???
wenn du wllst kannst mir was verkaufen

[BarfuSs]

Antwort auf Beitrag Nr.: 28.879.109 von BarfuSs am 18.04.07 14:46:36

es wird uns freude machen

Solarfun Signs Long Term Agreement to Supply Photovoltaic Modules to Ecostream
Wednesday April 18, 2007 07:00:56 EDT


SHANGHAI, China, Apr 18, 2007 (BUSINESS WIRE) --
Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF), a leading manufacturer of photovoltaic (PV) cells and modules in China, and Ecostream, a leading renewable energy system integrator based in the Netherlands, are pleased to announce a supply framework agreement in which Ecostream has indicated its intention to procure 182MW of photovoltaic modules from Solarfun between 2007 - 2010. As a part of this agreement, Ecostream has committed to purchase 12MW of photovoltaic modules from Solarfun in 2007.

Solarfun Chairman and CEO Yonghua Lu commented, "This framework agreement represents a significant step in expanding our sales volume to European countries. Ecostream is a leading renewable energy solution provider with a significant market share in the solar energy sector in Europe. We are happy to be collaborating with such a reputable company and look forward to developing specific product features that will effectively fulfill the needs of Ecostream's customers in Europe."

Steven Pleging, CEO of Ecostream International added, "We are pleased to choose Solarfun as a premium supplier of solar modules. We believe that this collaboration will help strengthen the leading positions of both companies in the current competitive solar market. In particular, Solarfun's technology and manufacturing expertise will help us provide high quality modules at a competitive price to our end customers".

About Solarfun

Solarfun Power Holdings Co, Ltd. manufactures both PV cells and PV modules, provides PV cell processing services to convert silicon wafers into PV cells, and supplies solar system integration services in China. The Company produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors and directly to system integrators. The Company was founded in 2004 and its products have been certified to TUV and UL safety and quality standards

http://www.solarfun.com.cn

About Ecostream

Ecostream - a pioneer in the use of sustainable energy - provides high quality solar systems at a competitive price. With two decades of experience. Ecostream has installed 4,000 renewable energy systems across Europe, providing investors, farmers, small and medium enterprises and private home owners with long-term financial benefits. In Europe, Ecostream is growing quickly in the construction of ground based systems including projects in Spain, Germany and Italy.

Ecostream is part of the Econcern group, whose mission is to ensure "a sustainable energy supply for everyone". Econcern specializes in delivering expert services, products and projects in all areas of sustainable energy and energy efficiency.

http://www.ecostream.com

Safe Harbor Statement

Except for statements in respect of historical matters, the statements in this release contain "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual performance, financial condition or results of operations of Solarfun to be materially different from what is stated or may be implied in such forward-looking statements. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors. For a list of these factors, please refer to Solarfun's filings with the U.S. Securities and Exchange Commission.

The forward-looking statements in this release reflect the current belief of Solarfun as of the date of this release and Solarfun undertakes no obligation to update these forward-looking statements for events or circumstances that occur after such date or to reflect the occurrence of unanticipated events.

SOURCE: Solarfun Power Holdings Co., Ltd.

Solarfun Power Holdings Co., Ltd.
Investor Relations
Tony Wang, 8621-6306-8907
[e-mail]
or
Christensen
Christopher Gustafson, 212-618-1978 or 1-602-980-0048
[e-mail]
or
Ecostream:
Pieter Baeten, + 31 (0)30 - 280 83 52
[e-mail]
Copyright Business Wire 2007

[BarfuSs]

Antwort auf Beitrag Nr.: 28.879.217 von BarfuSs am 18.04.07 14:52:28

übersetzt dursch Abachooooo
.
.
Solarfun Schließt Langfristigen Vertrag, um Photovoltaic Module Ecostream Mittwoch, der 18. April 2007 07:00:56 EDT SCHANGHAI, China, am 18. Apr 2007 (GESCHÄFTSLEITUNG) - Solarfun Power Holdings Co, Ltd Zu liefern. (NASDAQ: SOLF), ein Haupthersteller von photovoltaic (PV) Zellen und Module in China, und Ecostream, ein erneuerbarer in den Niederlanden beruhender Hauptenergiesystemintegrator, ist zufrieden, eine Versorgungsfachwerk-Abmachung bekannt zu geben, in der Ecostream seine Absicht angezeigt hat, 182MW photovoltaic Module von Solarfun zwischen 2007 - 2010 zu kuppeln. Als ein Teil dieser Abmachung hat Ecostream verpflichtet, 12MW photovoltaic Module von Solarfun 2007 zu kaufen. Solarfun-Vorsitzender und CEO Yonghua Lu kommentierten, "vertritt Diese Fachwerk-Abmachung einen bedeutenden Schritt in der Erweiterung unseres Verkaufsvolumens zu europäischen Ländern. Ecostream ist ein erneuerbarer Hauptenergielösungsversorger mit einem bedeutenden Marktanteil im Sonnenenergiesektor in Europa. Wir sind glücklich, mit solch einer achtbaren Gesellschaft zusammenzuarbeiten und uns darauf freuen, spezifische Produkteigenschaften zu entwickeln, die die Bedürfnisse nach den Kunden von Ecostream in Europa effektiv erfüllen werden. " Steven Pleging, CEO Ecostream International hinzugefügt, "sind Wir zufrieden, Solarfun als ein erstklassiger Lieferant von Sonnenmodulen zu wählen. Wir glauben, dass diese Kollaboration helfen wird, die Hauptpositionen von beiden Gesellschaften auf dem gegenwärtigen Wettbewerbssonnenmarkt zu stärken. Insbesondere die Technologie von Solarfun und Produktionsgutachten werden uns helfen, hohe Qualitätsmodule an einem wettbewerbsfähigen Preis unseren Endkunden zur Verfügung zu stellen". About Solarfun Solarfun Power Holdings Co, Ltd. verfertigt sowohl PV Zellen als auch PV Module, stellt PV in einer Prozession gehende Zelldienstleistungen zur Verfügung, um Silikonoblaten in PV Zellen umzuwandeln, und liefert Sonnensystemintegrationsdienstleistungen in China. Die Gesellschaft erzeugt sowohl monokristallene als auch mehrkristallene Silikonzellen und Module, und verfertigt 100 % seiner Module mit innerbetrieblich erzeugte PV Zellen. Solarfun verkauft seine Produkte sowohl durch Drittverteiler als auch direkt Systemintegratoren. Die Gesellschaft wurde 2004 gegründet, und seine Produkte sind zu TUV und UL Sicherheit und Qualitätsstandards http: // www.solarfun.com.cn Über Ecostream Ecostream bescheinigt worden - ein Pionier im Gebrauch der nachhaltigen Energie - stellt hoher Qualität Sonnensysteme an einem wettbewerbsfähigen Preis zur Verfügung. Mit zwei Jahrzehnten der Erfahrung. Ecostream hat 4.000 erneuerbare Energiesysteme über Europa installiert, Kapitalanlegern, Bauern, kleinen und mittleren Unternehmen und privaten Hauseigentümern mit langfristigen Finanzvorteilen zur Verfügung stellend. In Europa wächst Ecostream schnell im Gebäude beruhender Systeme des Grunds einschließlich Projekte in Spanien, Deutschland und Italien. Ecostream ist ein Teil der Econcern Gruppe, deren Mission ist, "eine nachhaltige Energieversorgung für jeden" zu sichern. Econcern spezialisiert sich auf das Liefern erfahrener Dienstleistungen, Produkte und Projekte in allen Gebieten der nachhaltigen Energie- und Energieleistungsfähigkeit. http: // www.ecostream.com Safe Beherbergen Behauptung Abgesehen von Behauptungen in der Rücksicht auf historische Sachen, die Behauptungen in dieser Ausgabe enthalten "vorausschauende Behauptungen" im Sinne der Abteilung 27A des US-amerikanischen Wertpapiere-Gesetzes von 1933 und Abteilung 21E des US-amerikanischen Wertpapierbörse-Gesetzes von 1934. Diese vorausschauenden Behauptungen schließen bekannte und unbekannte Gefahren, Unklarheiten und andere Faktoren ein, die die wirkliche Leistung, Finanzbedingung oder Ergebnisse von Operationen von Solarfun veranlassen können, davon materiell verschieden zu sein, was festgesetzt wird oder in solchen vorausschauenden Behauptungen einbezogen werden kann. Kapitalanleger werden gewarnt, dass sich wirkliche Ereignisse und Ergebnisse materiell von jenen Behauptungen infolge mehrerer Faktoren unterscheiden konnten. Für eine Liste dieser Faktoren, beziehen Sie sich bitte auf den Feilstaub von Solarfun mit den US-amerikanischen Wertpapieren und der Austauschkommission. Die vorausschauenden Behauptungen in dieser Ausgabe widerspiegeln den gegenwärtigen Glauben von Solarfun bezüglich des Datums dieser Ausgabe, und Solarfun übernimmt keine Verpflichtung, diese vorausschauenden Behauptungen für Ereignisse oder Verhältnisse zu aktualisieren, die nach solchem Datum vorkommen oder das Ereignis von unvorausgesehenen Ereignissen zu widerspiegeln. QUELLE: Solarfun Power Holdings Co, Ltd. Solarfun Power Holdings Co, Ltd. Kapitalanleger-Beziehungen Toni Wang, 8621-6306-8907 [e-mail] oder Christensen Christopher Gustafson, 212-618-1978 oder 1-602-980-0048 [e-mail] oder Ecostream: Pieter Baeten, + 31 (0) 30 - 280 83 52 [e-mail] Urheberrechtsgeschäft Schließen 2007 An

[BarfuSs]

Antwort auf Beitrag Nr.: 28.879.242 von BarfuSs am 18.04.07 14:53:58

USA VorKurs 15,45$ = +3,00%...
...wen du noch mitfahren willst dannnn.... KAufen
.
.
.
GruSs BarfuSs

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 28.879.109 von BarfuSs am 18.04.07 14:46:36

Nix da, sooooo unzufrieden bin ich ja nun auch nicht

[BarfuSs]

Antwort auf Beitrag Nr.: 28.879.517 von ChrisHamburg01 am 18.04.07 15:09:08

binn heute eingestigen

[BarfuSs]

Antwort auf Beitrag Nr.: 28.879.517 von ChrisHamburg01 am 18.04.07 15:09:08

he du,
der umsatz heute in fra 1471
...ich hab 1400 st. gekauft
.
.
GurSs BarfuSs

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 28.879.777 von BarfuSs am 18.04.07 15:22:30

Wow!!! Große Menge und Supertiming.

[BarfuSs]

Antwort auf Beitrag Nr.: 28.879.875 von ChrisHamburg01 am 18.04.07 15:25:53

RT 15,30$ = +2,00% Vol. 160.000[/b heute wider über 4.000.000!!!!!!!
jetzt is rt auf 15,60 .... neeeeeeee 15,70

[BarfuSs]

Antwort auf Beitrag Nr.: 28.880.115 von BarfuSs am 18.04.07 15:37:46

Wow, jetzt bei 16,10 + 7,35% und ein Vol. ca. 400.000
.
.
bin ich guutttt

[BarfuSs]

Antwort auf Beitrag Nr.: 28.879.875 von ChrisHamburg01 am 18.04.07 15:25:53

sind wir alleine ???
kannst du den kurs in usa verfolgen???

[BarfuSs]

Antwort auf Beitrag Nr.: 28.880.268 von BarfuSs am 18.04.07 15:44:00

Wow, RT 16,22 = +8,13% Vol.668.950 Won

[BarfuSs]

Antwort auf Beitrag Nr.: 28.880.379 von BarfuSs am 18.04.07 15:48:03

[Kinkikatze]

Antwort auf Beitrag Nr.: 28.880.379 von BarfuSs am 18.04.07 15:48:03

Hallo BarfuSs,
durch Zufall stieß ich gestern auf Solarfun und habe
noch gestern Abend gekauft. Und siehe da, wen finde ich
hier : BarfuSs.
Durch Deine guten Kommentare an einem anderen Board
läuft es sehr gut in meinem Depot.
Melde mich sehr selten, lese aber täglich die Neuigkeiten.
Danke für alle guten Informationen
Kinkikatze

[BarfuSs]

Antwort auf Beitrag Nr.: 28.880.884 von Kinkikatze am 18.04.07 16:10:01

äääääääääää danke für die blumen
nur mein deutsch ist nicht soooooo got
.
.
.
GruSs BarfuSs
P.S.: mein depo auch

[BarfuSs]

Antwort auf Beitrag Nr.: 28.881.036 von BarfuSs am 18.04.07 16:16:00

ach jaaaa RT 16,40 = +9,33% Vol.1.522.000

[BarfuSs]

Antwort auf Beitrag Nr.: 28.881.404 von BarfuSs am 18.04.07 16:31:51

in FRA 11,68€ +3,36% Vol. 4.971

[BarfuSs]

Antwort auf Beitrag Nr.: 28.881.478 von BarfuSs am 18.04.07 16:35:28

[BarfuSs]

Antwort auf Beitrag Nr.: 28.881.624 von BarfuSs am 18.04.07 16:42:17

News Story
SOLF: Inks Agreement to Supply Photovoltaic Modules to Ecostream
Wednesday April 18, 2007 08:44:23 EDT


Ridgeland, MS, APR 18, 2007 (EventX/Knobias.com via COMTEX News Network) --
Solarfun Power Holdings Co., Ltd. (SOLF), and Ecostream, announced a supply framework agreement in which Ecostream has indicated its intention to procure 182MW of photovoltaic modules from Solarfun between 2007 - 2010. As a part of this agreement, Ecostream has committed to purchase 12MW of photovoltaic modules from Solarfun in 2007.

KNOBIAS DISCLAIMER: All statements made in this article were made by the Company and do not in any way reflect the opinions of Knobias. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC.

ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.

If your company wishes to participate in the EventX newswire, please contact Knobias: http://www.knobias.com

Knobias.com, LLC
601-978-3399
601-978-3675
[e-mail]
www.knobias.com/cmtx

[BarfuSs]

Antwort auf Beitrag Nr.: 28.882.144 von BarfuSs am 18.04.07 17:06:32

[BarfuSs]

Antwort auf Beitrag Nr.: 28.886.456 von BarfuSs am 18.04.07 20:21:11

SK 16,02 = +6,80% Vol 3.440.915 GUT!!!!!

[BarfuSs]

Antwort auf Beitrag Nr.: 28.888.625 von BarfuSs am 18.04.07 22:02:34

SOLARFUN POWER HLDGS ADR



Breaking News: Solarfun Announces Signing a Long Term Agreement to Supply Photovoltaic Modules to Ecostream
4/18/2007

Apr 18, 2007 (M2 PRESSWIRE via COMTEX News Network) --
Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Activity on the NASDAQ market has brought this company to the attention of our research team. Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF), is responding to the attention of investors. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.

Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF), a leading manufacturer of photovoltaic (PV) cells and modules in China, and Ecostream, a leading renewable energy system integrator based in the Netherlands, are pleased to announce a supply framework agreement in which Ecostream has indicated its intention to procure 182MW of photovoltaic modules from Solarfun between 2007 - 2010. As a part of this agreement, Ecostream has committed to purchase 12MW of photovoltaic modules from Solarfun in 2007.

Solarfun Chairman and CEO Yonghua Lu commented, "This framework agreement represents a significant step in expanding our sales volume to European countries. Ecostream is a leading renewable energy solution provider with a significant market share in the solar energy sector in Europe. We are happy to be collaborating with such a reputable company and look forward to developing specific product features that will effectively fulfill the needs of Ecostream's customers in Europe."

Steven Pleging, CEO of Ecostream International added, "We are pleased to choose Solarfun as a premium supplier of solar modules. We believe that this collaboration will help strengthen the leading positions of both companies in the current competitive solar market. In particular, Solarfun's technology and manufacturing expertise will help us provide high quality modules at a competitive price to our end customers".

[BarfuSs]

Antwort auf Beitrag Nr.: 28.888.977 von BarfuSs am 18.04.07 22:24:03

SOLARFUN-MACHT HLDGS ADR das Beibringen der Nachricht: Solarfun Gibt das Schließen eines Langfristigen Vertrags Bekannt, um Photovoltaic Module Ecostream am 4/18/2007 am 18. Apr 2007 (M2 PRESSWIRE über das COMTEX Nachrichtennetz) Zu liefern - Marktgewinner erscheint als ein Halt-Geschäft für internationale Kapitalanleger der kleinen Kappe schnell, die schauen, um ein Schritt vor den Märkten zu bleiben. Die Tätigkeit auf dem NASDAQ-Markt hat dieser Gesellschaft zur Aufmerksamkeit unserer Forschungsmannschaft gebracht. Solarfun Power Holdings Co, Ltd. (NASDAQ:SOLF), antwortet auf die Aufmerksamkeit von Kapitalanlegern. Unsere Absicht ist, eine Gemeinschaft von internationalen Kapitalanlegern zu schaffen, die durchweg und effektiv auf den enormen Gewinnen den Kanadier der kleinen Kappe und das amerikanische Austauschangebot kapitalisieren. Solarfun Power Holdings Co, Ltd. (NASDAQ:SOLF), ein Haupthersteller von photovoltaic (PV) Zellen und Module in China, und Ecostream, ein erneuerbarer in den Niederlanden beruhender Hauptenergiesystemintegrator, sind zufrieden, eine Versorgungsfachwerk-Abmachung bekannt zu geben, in der Ecostream seine Absicht angezeigt hat, 182MW photovoltaic Module von Solarfun zwischen 2007 - 2010 zu kuppeln. Als ein Teil dieser Abmachung hat Ecostream verpflichtet, 12MW photovoltaic Module von Solarfun 2007 zu kaufen. Solarfun-Vorsitzender und CEO Yonghua Lu kommentierten, "vertritt Diese Fachwerk-Abmachung einen bedeutenden Schritt in der Erweiterung unseres Verkaufsvolumens zu europäischen Ländern. Ecostream ist ein erneuerbarer Hauptenergielösungsversorger mit einem bedeutenden Marktanteil im Sonnenenergiesektor in Europa. Wir sind glücklich, mit solch einer achtbaren Gesellschaft zusammenzuarbeiten und uns darauf freuen, spezifische Produkteigenschaften zu entwickeln, die die Bedürfnisse nach den Kunden von Ecostream in Europa effektiv erfüllen werden." Steven Pleging, CEO Ecostream International hinzugefügt, "sind Wir zufrieden, Solarfun als ein erstklassiger Lieferant von Sonnenmodulen zu wählen. Wir glauben, dass diese Kollaboration helfen wird, die Hauptpositionen von beiden Gesellschaften auf dem gegenwärtigen Wettbewerbssonnenmarkt zu stärken. Insbesondere die Technologie von Solarfun und Produktionsgutachten werden uns helfen, hohe Qualitätsmodule an einem wettbewerbsfähigen Preis unseren Endkunden zur Verfügung zu stellen".
.

[BarfuSs]

Guten Morgen,
.
News Story
Resource News: Current Research on Solarfun Power Holdings Co. Ltd
Thursday April 19, 2007 03:36:51 EDT


Apr 19, 2007 (M2 PRESSWIRE via COMTEX News Network) --
Current Research on Solarfun Power Holdings Co. Ltd (NASDAQ: SOLF)

Solarfun Power Holdings Co., Ltd., through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., manufactures and sells photovoltaic (PV) cells and PV modules primarily in the People�s Republic of China, the United States, and Europe. PV cell is a semiconductor device that converts sunlight into electricity by a process known as the photovoltaic effect. The company produces two types of PV cells and modules, which include monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules. It sells its products directly to system integrators and through third party distributors. The company�s customers include solar energy product distributors, engineering and design firms, and other energy product distributors. In addition, it offers PV cell processing services to convert silicon wafers into PV cells on behalf of third parties; and solar system integration services directly to end-users. The company was founded in 2004 and is headquartered in Qidong, the People�s Republic of China.

Shares were up 4% after Receiving 3-Year Deal to Supply Solar Modules to Ecostream.

BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the most up to date information on Solarfun Power Holdings Co. Ltd are invited to sign up for a free complimentary subscription to www.bellwetherreport.com. No credit card needed!

China's Solarfun Power Holdings Co. on Wednesday said it has received a three-year deal to supply solar cells to Netherlands-based Ecostream.

Financial terms were not disclosed.

Ecostream, which provides renewable energy systems, has said it plans to buy 182 megawatts of Solarfun's photovoltaic modules between 2007 and 2010, including a commitment to purchase 12 megawatts this year.

More information on Solarfun Power Holdings Co. Ltd available in the members section of www.BellwetherReport.com.


GruSs BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 28.894.622 von BarfuSs am 19.04.07 10:23:20

warum in china und/oder chinasolar investiren???
.

Wirtschaftsnews - von heute 09:43

Chinas Wachstum lag in allen Bereichen über den Prognosen

Peking 19.04.07 (emfis.com)
Das chinesische Statistikbüro hat die Wirtschaftszahlen des Landes für das erste Quartal veröffentlicht. Diese wurden später als ursprünglich geplant veröffentlicht und lagen durch die Bank weg über sämtliche Prognosen.

So wuchs die Wirtschaft Chinas mit 11,1 Prozent (5,03 Bio. Yuan / 650,7 Mrd. USD) wesentlich stärker als erwartet. Als treibender Faktor wurde vor allem der Export ausgemacht, was die Gefahr einer Überhitzung wieder aufleben lässt. Die Prognosen für das Wachstum lagen bei 10,4 Prozent, was dem des vierten Quartals 2006 entsprochen hätte. Das Gesamtjahr 2006 hatte ein Wachstum von 10,7 Prozent ausgewiesen.

Der Handelsbilanzüberschuss betrug im ersten Quartal 46,4 Mrd. US Dollar. Die Verbraucherpreise stiegen im März um 3,3 Prozent, erwartet wurden 2,7 Prozent. Im Januar lag der CPI – Anstieg bei 2,7 und im Februar bei 2,2 Prozent. So ergibt sich für das erste Quartal ein durchschnittlicher Anstieg der Verbraucherpreise von 2,7 Prozent. Damit liegt der März über dem angestrebten Maximum der Zentralbank von 3 Prozent und ist die höchste Rate der letzten zwei Jahre. Der Einzelhandelsumsatz war um 15,3 Prozent angestiegen.

Die Industrieproduktion legte um 18,3 Prozent zu. Im ersten Quartal 2006 lag der Anstieg bei 16,7 Prozent. Die Schwerindustrie verzeichnete eine Produktionszunahme von 19,6 Prozent und die Leichtindustrie von 15,6 Prozent. Der Bereich der Energieversorgung steigerte seinen Output um 15,5 Prozent und die Kohleindustrie um 14,8 Prozent. Der Sektor Stahl nahm um 26,2 Prozent zu und die Alu- Produktion um 43 Prozent. Der Bereich Telekommunikation- und Ausrüstung steigerte sich um 35,3 Prozent und die Elektronikindustrie um 26,1 Prozent.

Die Investitionen im Bereich der Industrie und Immobilien haben sich im ersten Quartal weiter beschleunigt. Sie stiegen um 25,3 Prozent und lagen damit über dem Jahresdurchschnitt 2006 von 24,5 Prozent.
Die Direktinvestitionen betrugen im ersten Quartal 1,752 Bio. Yuan (226,65 Mrd. USD), was ein Anstieg von 23,7 Prozent bedeutet. Allein der März verzeichnete eine Zunahme von 26,8 Prozent.
Die Banken hatten im ersten Quartal für umgerechnet 181 Mrd. US Dollar Kredite ausgereicht, was fast die Hälfte des Kredit - Gesamtvolumens des vergangenen Jahres ausmacht.
Die chinesische Währung hat seit seiner Bindungslösung in 2005 gegenüber dem US Dollar um 7,2 Prozent an Stärke gewonnen. Die Devisenreserven des Landes haben die Marke von 1,2 Bio. US Dollar erreicht. Im ersten Quartal waren sie um 45 Mrd. US Dollar angestiegen.

.
GruSs BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 28.897.421 von BarfuSs am 19.04.07 12:57:01

RT 15,59 = -2,93% Vol. 60.000 gut gut

[BarfuSs]

Antwort auf Beitrag Nr.: 28.900.640 von BarfuSs am 19.04.07 15:35:18

immer noch keiner da?????
ich mach weiter

RT 16,40$ = +2,36% Vol. 300.000
.
.
GruSs BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 28.900.966 von BarfuSs am 19.04.07 15:48:00

[Papierhecht]

Antwort auf Beitrag Nr.: 28.902.151 von BarfuSs am 19.04.07 16:33:10

Hi Barfuss

danke für die arbeit, die du hier machst - es würde der qualität des threads aber helfen, wenn du die news nur einmal reinstellst. übersetzungen können die wenigen, die hier kein englisch können, sich auch selber von der software machen lassen.

good luck

hecht

[BarfuSs]

Antwort auf Beitrag Nr.: 28.907.496 von Papierhecht am 19.04.07 21:04:49

danke,
bin ja fast alleine
RT Vorbörslich = 16,10$ = +4,95%
.
GruSs BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 28.918.131 von BarfuSs am 20.04.07 14:41:54

RT 16,13$ = +5,15% Vol 23.172 okay

[BarfuSs]

Antwort auf Beitrag Nr.: 28.918.752 von BarfuSs am 20.04.07 15:14:37

.
.
Tschau BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 28.920.933 von BarfuSs am 20.04.07 16:42:59

es geht nac oben

RT 16,75 = +5,55% Vol. 183.293 ser gut

GruSs BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 28.954.283 von BarfuSs am 23.04.07 15:38:09

[Kinkikatze]

hallo BarfuSs
keine Angst, Du bist nicht alleine.
Wenn ich auch nicht viel dazutun kann, lese ich
Deine Neuigkeiten und Kursentwicklungen.
Danke
kinkikatze

[BarfuSs]

Antwort auf Beitrag Nr.: 28.955.553 von Kinkikatze am 23.04.07 17:01:45

hallo katze,
bist du auch investiert??? was denkst du über SolarFun und über das
geringe volumen in deutscland???
.
.
SK 15,97 = +0,63% Vol. 2.638.069 okay

super volumen
.
.
GruSs - BarfuSs nach deutschland zurück in die zukunft

[amorphis]

hey wen interessiert denn das vol in fra?

niemanden...right!

hier spielt die musik...

nasdaq
Volume: 2,644,869
Avg Vol (3m): 906,717

im übrigen war es die kunst bei diesem wert bei kursen um die 12,50$ zu trommeln...jetzt heißt es erstmal abwarten und tee trinken. das hoch bei 17,70$ muss jetzt erstmal genommen werden. davor drängt sich kein kauf auf.

[BarfuSs]

Antwort auf Beitrag Nr.: 28.963.377 von amorphis am 24.04.07 04:46:02

es sind nur 13.800.000 Shares und eine Market Cap von 222.386.000$
is das richtig???

[BarfuSs]

Antwort auf Beitrag Nr.: 28.971.176 von BarfuSs am 24.04.07 14:55:53

RT 16,34 = +2,32%

[BarfuSs]

Antwort auf Beitrag Nr.: 28.971.968 von BarfuSs am 24.04.07 15:32:50

[BarfuSs]

Antwort auf Beitrag Nr.: 28.974.821 von BarfuSs am 24.04.07 17:35:40

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
JASO26.59, +0.35, +1.3%) , in business since May 2005, making products since April 2006, publicly traded in the U.S. since February and now with $1 billion-plus market value; Solarfun Power Holdings Co. (SOLF : solarfun power holdings co l sponsored adr
News , chart , profile , more
Last: 16.08+0.11+0.69%

12:11pm 04/24/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:

SOLF16.08, +0.11, +0.7%) , which went public late last year and is now valued at nearly $1 billion; and Canadian Solar Inc. (CSIQ : canadian solar inc com
News , chart , profile , more
Last: 11.89-0.04-0.34%

12:10pm 04/24/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
CSIQ11.89, -0.04, -0.3%) , another recent initial public offering with China roots that started in 2001 as a maker of solar car chargers.
JA Chief Executive Samuel Yang says a few more Chinese solar upstarts are believed to be waiting in the wings to do an IPO. Plenty more, he says, are looking for ways to cash in on the boom, including companies that used to make clothing and shoes. "Everybody thinks it is such a lucrative industry," he says. To a large extent, it has been. Most of the young publicly traded companies have posted impressive sales and profit growth. That's right: they are posting profits lots of it.
But before investors get too excited, consider that much of that growth has been tied to sales in Germany, the largest market for solar energy, where purchases for large fields of solar panels have been subsidized by the government. Piper Jaffray & Co. analyst Jesse Pichel, regarded as one of the most seasoned in a rapidly growing field of solar analysts, says that is why he regards much of the sales and profit at these companies as "funny money" and "welfare." "There's a lot of risk that the subsidies don't continue in Germany, and I think they will get reduced," he says. That, in turn, will cause demand to slow.
That gets us back to this whole supply-demand thing. When supply outstrips demand, prices tend to fall. That is something to keep in mind because even as demand is slowing, many of these companies are pulling out all stops to expand capacity and they are doing it as more competitors are springing up. Consider Canadian Solar, which makes solar panels, which contain solar cells that absorb sunlight. It attributed a fourth-quarter loss in part to a decline in prices even as plants are running around the clock. "We're expanding capacity, but we're expanding to meet firm orders," Chief Executive Shawn Qu says.
While demand in such countries as Spain, South Korea and the U.S. may strengthen, and the business as a whole may get much stronger in future years, Pichel says it isn't rising as fast as the growth in capacity. As a result, he believes profit margins will continue to come under pressure for the time being as companies start selling below market prices to gain share. Yang and Qu believe there will be a shakeout in the industry and that their companies, as low-cost providers, will be among the survivors. Executives of Solarfun and Trina couldn't be reached. Still, between here and there wherever "there" is a lot will happen before it gets sorted out. Meantime, there is likely to be a comeuppance that investors in these companies will wish they had anticipated as was the case with Internet stocks, memory-chip stocks and, oh yes, disk-drive stocks. History, on Wall Street, has a way of repeating itself.
The forgotten financial fraud
A trial in U.S. District Court for the Southern District of California started April 12 for the remaining top executives (and an outside auditor) of Peregrine Systems Inc. who haven't already pleaded guilty. Peregrine, you may recall, is the San Diego software company that was alleged to have overstated revenue by $509 million and understated losses by $2.6 billion over a 33-month period starting in 1999. Because of the timing, it was overshadowed as a national story by the Enron collapse and relegated to a footnote in the annals of corporate fraud. It is a tale, however, that deserves not to be forgotten.
Herb Greenberg is senior columnist for MarketWatch and contributor to CNBC television based in San Diego. He does not own stocks (except for shares of his employer), and he does not sell individual stocks short or invest in hedge funds.

[amorphis]

Antwort auf Beitrag Nr.: 28.971.176 von BarfuSs am 24.04.07 14:55:53

nope...

in $

VALUATION MEASURES
Market Cap (intraday): 771.33M

Shares Outstanding: 48.00M


weiß nicht wo ihr die zahlen her habt!

[BarfuSs]

vorbörslich RT 16,20$ = +1,57% Bid 16,30 - Ask 16,50 Vol. 2.548

[BarfuSs]

Antwort auf Beitrag Nr.: 28.989.997 von BarfuSs am 25.04.07 15:06:13

VB-RT 16,40$ = +2,82% Bid 16,10 - Ask 16,50 Vol. 3.101

[BarfuSs]

Antwort auf Beitrag Nr.: 28.990.422 von BarfuSs am 25.04.07 15:19:25

RT 16,579 = +3,94% Vol. 442.302

[BarfuSs]

Antwort auf Beitrag Nr.: 28.992.889 von BarfuSs am 25.04.07 16:28:57

RT 16,99$ = +6,52% Vol. 1.022.325 gut gut

[BarfuSs]

Antwort auf Beitrag Nr.: 28.998.038 von BarfuSs am 25.04.07 19:14:24

[BarfuSs]

Antwort auf Beitrag Nr.: 28.999.079 von BarfuSs am 25.04.07 19:42:06

es leuft

[BarfuSs]

Antwort auf Beitrag Nr.: 29.004.573 von BarfuSs am 25.04.07 22:06:47

VR-RT 16,88$ = +0,90% Vol. 300

[BarfuSs]

Antwort auf Beitrag Nr.: 29.014.104 von BarfuSs am 26.04.07 14:36:23

joooo, die 17.00$ = +1,61% Bid 16.90 - Ask 17,19 Vol. 1.000

[BarfuSs]

Antwort auf Beitrag Nr.: 29.014.895 von BarfuSs am 26.04.07 15:19:22

VB-RT 17,18$ = +2,69% Bid 17.00 - Ask 17,19 Vol. 1.700

[BarfuSs]

Antwort auf Beitrag Nr.: 29.015.017 von BarfuSs am 26.04.07 15:25:20

[BarfuSs]

Antwort auf Beitrag Nr.: 29.016.606 von BarfuSs am 26.04.07 16:35:16

RT 15,54$ = -3,72% Bid 1,55 - Ask 1,62 Vol. 80.751

[BarfuSs]

Antwort auf Beitrag Nr.: 29.031.650 von BarfuSs am 27.04.07 15:46:59

SK 15,55$ = -3,65% Vol. 503.809
nächste woche ist die 17,00$ weg !!

Gute Nacht

[BarfuSs]

Antwort auf Beitrag Nr.: 29.037.088 von BarfuSs am 27.04.07 22:29:57

RT 14,40$ = +4,58% Vol. 117.803

[istanbulman]

weiß jemand wann die zahlen kommen müßten ja auch im mai sein oder?

[ChrisHamburg01]

Das ist hier ja so tot wie der Umsatz in Deutschland - und der Kurs an sich

[amorphis]

in #65 hab ich euch gesagt...wartet mit euren orders.

nun sieht das bild anders aus...wer geld hat...kauft jetzt.

[ChrisHamburg01]

Ich bin im Minus und überlege eher die Verluste zu begrenzen und zu verkaufen. Was mich auch stört ist der extrem geringe Umsatz in Deutschland. Da ist es schwer einen Käufer/Verkäufer zu finden.

[amorphis]

Antwort auf Beitrag Nr.: 29.345.402 von ChrisHamburg01 am 16.05.07 16:20:19

tja du machst es halt noch falsch. verstehe nicht...wie man jetzt ans verkaufen denken kann!!!

JETZT ist die aktie kein verkauf....sie ist ein KAUF.

[amorphis]

Antwort auf Beitrag Nr.: 29.345.402 von ChrisHamburg01 am 16.05.07 16:20:19

btw...dich stören die geringen umsätze. dann kauf in den staaten.

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 29.345.617 von amorphis am 16.05.07 16:28:42

Warum? Was spricht für ein Halten und warum ist sie so abgestürzt (über 20% in 4 Wochen)?

[spiritrob]

Antwort auf Beitrag Nr.: 29.345.685 von ChrisHamburg01 am 16.05.07 16:31:44

begonnen hat die misere wohl mit den schlechten zahlen von jasolar

[amorphis]

1. das ist ein solari....und das sind volatile stocks. 20% ist nichts, ok?

2. SOLF steht jetzt dort....wo sie VOR dem letzten run standen. auf diesem niveau hat es einmal professionelle käufer gegeben...und hier werden sie wiederkommen.

3. die firma arbeitet profitabel, ist im vergleich zu wettbewerbern recht günstig bewertet, sie wächst schnell und hat volle orderbücher.

4. ich sage nicht das hier der absolute tiefpunkt ist, aber er wird hier irgendwo sein. wer hier anfängt zu sammeln...der macht nichts falsch. wer hier entnervt schmeisst...steigt zu früh aus. warum habt ihr mein posting vor ein paar wochen nicht ernst genommen...als ich sagte, wartet mit euren orders. da stand die aktie nahe am hoch bei 17$ irgendwas. wer sich mal den chart ansieht...der weiß das es damals nach rückschlag geschriehen hat...und sicher erstmal konsolidieren muss.

5. die aktie steigt unter HOHEN umsätzen...und sie fällt unter NIEDRIGEN umsätzen. was sagt dir das? eben...

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 29.345.922 von amorphis am 16.05.07 16:41:16

Danke für die ausführliche Antwort. Ich habe die Aktie seit 12 Euro. Daneben habe ich noch Trina Solar und Deli Solar. Die beiden sind auch bös runter, stehen aber heute wenigstens im Plus in den USA. Vielleicht ist das ja der Beginn des neuen Anstiegs.

Sind demnächst irgendwelche (positiven) News zu erwarten?

[amorphis]

Antwort auf Beitrag Nr.: 29.346.476 von ChrisHamburg01 am 16.05.07 17:03:11

geh mal auf die homepage von deli solar und überdenke dein invest.

bei solf würde ich mich einfach zurücklegen und abwarten. die nächsten zahlen werden sicher gut und der nächste großauftrag wird auch kommen. was genau der nächste auslöser einer rally sein wird...kann ich dir nicht sagen.

[istanbulman]

hat da jemand ein neues opfer gefunden

[amorphis]

Antwort auf Beitrag Nr.: 29.350.286 von istanbulman am 16.05.07 21:11:33

halt die klappe spinner. du lernst nichts und kannst nichts und fragst einem löcher in den bauch. zum dank dann sowas.



werd erwachsen!

http://biz.yahoo.com/bw/070517/20070517005470.html?.v=1

[amorphis]

Antwort auf Beitrag Nr.: 29.350.286 von istanbulman am 16.05.07 21:11:33

aber da du ja so neunmalklug bist...macht es dir sicher nichts aus...hier mal allen das konzept von:

http://www.deli-group.com/aboutUs.php

...zu erklären. bin gespannt zu welchem fazit du kommst. du istanbulmaster hast es ja drauf.

[ChrisHamburg01]

RT USA

12.25
-0.29 (-2.31%)

[amorphis]

Antwort auf Beitrag Nr.: 29.361.999 von ChrisHamburg01 am 17.05.07 19:08:43

chris...

...achte mal bitte auf die umsätze...bevor du in panik verfällst.

Volume: 247,598
Avg Vol (3m): 934,181

als der upswing von über 35% an einem tag erfolgte...waren die umsätze WESENTLICH...um ein VIELFACHES höher.

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 29.362.304 von amorphis am 17.05.07 19:28:15

Meinem Depot ist es egal WIE die 24% Minus bei SOLF zustande kommen - sie sind einfach da. Und jeden Tag wird die Zahl roter. Aber wenn ich keine Hoffnung hätte, hätte ich schon lange die Reißleine gezogen...

[istanbulman]

du bist der beste

[amorphis]

Antwort auf Beitrag Nr.: 29.365.958 von istanbulman am 18.05.07 00:57:34

und du ne null.

[50bager]

sieht nicht gut aus!

könnten neue tiefststände kommen....

[BarfuSs]

es geht wider UP
RT 12,67 = +98,38 Vol. 856.790
.
GruSs BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 29.424.590 von BarfuSs am 22.05.07 20:15:20

sorry
+8,38%

[BarfuSs]

Antwort auf Beitrag Nr.: 29.424.620 von BarfuSs am 22.05.07 20:17:08

[BarfuSs]

es geht weiter UP!!
RT 13,55$ = +6,27% Vol. 642,562 - 16:16 Uhr

[amorphis]

Antwort auf Beitrag Nr.: 29.437.068 von BarfuSs am 23.05.07 16:17:46

hey barfuss

ich stell mal nen link rein...für all die solf-fans die können dann selbst ihre realtime-kurse checken und du brauchst nicht ständig den stand der dinge posten.

http://www.level2quotes.com/

so...würde sagen mein timing hier war erste sahne. jetzt würde ich SOLF erstmal halten. sieht ganz gut aus. das ding kann schneller bei 17$ oder mehr stehen...als manchen hier lieb ist

greez

[amorphis]

Antwort auf Beitrag Nr.: 29.439.797 von amorphis am 23.05.07 18:28:52

btw...vol is back.

Volume: 1,075,653
Avg Vol (3m): 946,336

[BarfuSs]

Antwort auf Beitrag Nr.: 29.440.532 von amorphis am 23.05.07 19:09:57

bitte nicht mehr schreiben, sonst ist der LINK unten weg
ich hab ein Depot bei tdameritrade.com
.
.
GruSs BarfuSs

[amorphis]

Antwort auf Beitrag Nr.: 29.440.652 von BarfuSs am 23.05.07 19:16:49

und was heißt das?

[BarfuSs]

Antwort auf Beitrag Nr.: 29.440.679 von amorphis am 23.05.07 19:18:32

wieder rein
klicks du hier

[BarfuSs]

Antwort auf Beitrag Nr.: 29.440.743 von BarfuSs am 23.05.07 19:22:11

http://www.level2quotes.com/

[amorphis]

Antwort auf Beitrag Nr.: 29.440.743 von BarfuSs am 23.05.07 19:22:11

wie wieder rein?was genau willst du mir sagen?

[BarfuSs]

Antwort auf Beitrag Nr.: 29.440.889 von amorphis am 23.05.07 19:30:46

wenn du weiter schreibst, dann verschwindet dein LINK in der versenkung
---->>> http://www.level2quotes.com/

Sorry musste weg

[ChrisHamburg01]

Ist ja heute wieder DER Knaller

[amorphis]

Antwort auf Beitrag Nr.: 29.457.852 von ChrisHamburg01 am 24.05.07 21:16:16

ist doch alles im lot.



an tagen wie diesen kauft man.

[50bager]

neue tiefststände kommen!


Solarfun Reports First Quarter 2007 Results
Wednesday May 30, 7:57 am ET


SHANGHAI, China--(BUSINESS WIRE)--Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF - News), an established manufacturer of both photovoltaic (PV) cells and modules in China, today reported its financial results for the quarter ended March 31, 2007.
First Quarter 2007:

Net revenue for the first quarter of 2007 were RMB190.7 million (US$24.7 million), compared to RMB102.5 million (US$13.3 million) for the first quarter of 2006, and RMB244.7 million (US$31.7 million) in the fourth quarter of 2006.
Gross profit for the first quarter of 2007 was RMB32.8 million (US$4.2 million).
Net loss attributable to ordinary shareholders for the first quarter of 2007 was RMB2.5 million (US$0.3 million), while there was net income attributable to ordinary shareholders of RMB33.1 million (US$4.3 million) for the first quarter of 2006, and net income attributable to ordinary shareholders of RMB29.5 million (US$3.8 million) for the fourth quarter of 2006.
A loss of RMB0.053 per basic ADS (US$0.007 per basic ADS) in the first quarter of 2007.
Net PV module shipments totaled 6.5MW, up from 2.9MW in the first quarter of 2006 and down from 7.8MW in the fourth quarter of 2006
Mr. Yonghua Lu, Chairman and CEO of Solarfun, commented, "As we forewarned in our last earnings release, the first quarter turned out to be a challenging one for our company, but we are fully confident in our ongoing strategy. Market conditions in Europe were increasingly competitive in the first few months of the year. In addition to typical seasonal weakness in the first quarter, as a result of delayed solar subsidy legislation in Spain and Italy, we saw an inventory build-up among some of our end customers in those two countries, which resulted in unexecuted sales orders from those customers. At the same time, we worked to diversify our customer base in other markets. By recognizing the challenge early on, we started to expand and strengthen our international team. For example, we recently hired two senior-level executives who we believe to be the right personnel to help us improved our international sales, marketing and purchasing activities. Both have significant international sales experience, one in the PV industry and the other in the semiconductor industry, and their primary objective will be to build our presence in the European and U.S. markets.

We have also been able to make other improvements in our business operations, such as enhancing our productivity, improving our component sourcing and upgrading our credit risk management.

Our capacity expansion plans remain on track and we believe we are favorably positioned in terms of silicon supply for the remainder of the year. Additionally, in the past month, all of our current module products were approved by the California Energy Commission to be eligible for the state's solar rebate program. With this, and new incentives set to be unveiled in Spain, we believe we are well positioned for the strong growth that we foresee in the market towards the end of the year."

First Quarter 2007 Financial Results

Solarfun's total net revenue for the first quarter of 2007 increased 86.1% to RMB190.7 million (US$24.7 million) from RMB102.5 million in the first quarter of 2006, and decreased 22.0% from RMB244.7 million in the fourth quarter of 2006. The sequential decline was primarily due to a decrease in shipments and a decline in average selling price ("ASP") from the fourth quarter of last year. Total net PV module shipments and ASP were 6.5MW and US$3.77 per watt in the first quarter of 2007 compared to 7.8MW and US$3.96 per watt in the fourth quarter of 2006 and 2.9MW and US$3.98 per watt in the first quarter of 2006. During the first quarter, Solarfun derived almost all of its total net revenue from the sale of PV modules.

Gross profit for the first quarter of 2007 was RMB32.8 million (US$4.2 million), representing a decrease of 8.4% from RMB35.8 million from the first quarter of 2006 and a decrease of 50.0% from RMB65.6 million in the fourth quarter of 2006. The gross margin decreased to 17.2% from 34.9% in the first quarter of 2006 and 26.8% in the fourth quarter of 2006. The sequential decrease was largely attributable to the decrease in ASP and also the higher costs of non-silicon module materials in the first quarter of 2007.

Income from operations for the first quarter of 2007 was RMB4.3 million (US$0.6 million), or 2.2% of total net revenue, which compares with RMB35.3 million, or 14.4% of total net revenue in the fourth quarter of 2006, and RMB32.3 million, or 31.5% of total net revenue in the first quarter of 2006. The year-over-year increase was primarily due to higher operating costs to support the growth of the business. The sequential decrease in operating margin was mainly due to the decrease in gross profit and relatively constant total operating costs.

Share-based compensation expenses for the first quarter of 2007 totaled RMB 8.4 million (US$1.1 million), compared to RMB2.9 million in the fourth quarter of 2006. There were no share-based compensation expenses in the first quarter of 2006.

Net loss attributable to ordinary shareholders for the first quarter of 2007 was RMB2.5 million (US$0.3 million), representing a decrease of 107.6% from net income attributable to ordinary shareholders of RMB33.1 million in the first quarter of 2006 and a decrease of 107.7% from net income attributable to ordinary shareholders of RMB29.5 million in the fourth quarter of 2006. Basic loss per ADS for the first quarter of 2007 was RMB0.053, or US$0.007 per ADS.

Financial Position

As of March 31, 2007, the Company had cash and cash equivalents of RMB757.8 million (US$98.1 million), and working capital of RMB1,417.1 million (US$183.5 million). Total bank borrowings were RMB360.9 million (US$46.8 million), of which RMB15.0 (US$2.0 million) were long-term bank borrowings. Net accounts receivable increased to RMB238.0 million (US$30.8 million) as of March 31, 2007 from RMB147.8 million at the end of the fourth quarter of 2006 (net of allowance for doubtful accounts of RMB 11.3 million at both period ends). The increase was mainly due to additional sales on credit in the first quarter of 2007.

Recent Events

Signed Sales agreement for PV modules with Ecostream

In April 2007, the Company entered into a supply framework agreement for PV modules in which Ecostream indicated its intention to procure 182MW of photovoltaic modules from Solarfun between 2007 - 2010. As a part of the agreement, Ecostream committed to purchase 12MW of photovoltaic modules from Solarfun in 2007.

Qualified for California Solar Initiative

All of Solarfun's current module products qualified for the California Energy Commission's (CEC) list of Eligible Photovoltaic Modules. Modules passing the CEC's requirements allow consumers to be eligible for California's solar rebate program. Full details of the listing are available at the CEC's website (www.energy.ca.gov).

Secured 10MW of silicon supply from LDK

In March 2007, the Company secured an additional 10MW of polysilicon supply for six inch multicrystaline wafers from LDK for delivery in 2007.

Renegotiated sales contract with Social Capital

The Company is currently in the process of renegotiating its framework sales contract with one of its key customers in Spain, Social Capital S.L.

The framework contract, which was entered into in 2006, currently calls for Social Capital to purchase 20MW of PV modules by the end of 2007, and 84MW in total. While the Company believes the PV market in Spain in general will exhibit strong growth in 2007, due to current market conditions and other factors, the parties have recognized that it will be necessary to renegotiate the volume, payment, delivery schedule, and other related terms contained in such framework contract. It is unclear at present what the final renegotiated terms of that agreement will be. The Company is currently working to diversify and strengthen its customer base to lessen its dependence on any one customer or group of customers and mitigate the risk that such type of renegotiation will be required in the future.

Changes in Management

We are pleased to announce two new members of our management team.

We have hired a Senior Executive of Sales & Marketing with extensive experience in sales and marketing at one of the top ten PV companies in the market. He should offer an immediate boost to the Company's international business in Europe and the U.S.

We have hired a Vice President of Sales & Purchasing. His background in semiconductor sales at a large publicly listed U.S. semiconductor company will be very valuable in his new role at Solarfun.

Mr. Timothy Chang, a board appointee of financial investor Citibank Venture Capital, resigned from his position as director of the Company in March 2007. Management wishes to thank Mr. Chang for his service to the Company. The Company's Board of Directors currently consists of seven directors, including three independent directors.

Business Outlook for 2007

Based on current operating and other conditions, Solarfun revises its previous annual estimates for the full 2007 fiscal year. The new guidance is as follows:

Net revenue of US$250 million to US$270 million, representing year-over-year growth of 209% to 234%.
PV product shipments of 70 to 80 MW, representing year-over-year growth of 210% to 254%.
Annualized total PV cell production capacity of 240MW by the end of 2007 (unchanged from prior guidance).
Conference Call

Management will host a conference call to discuss the results at 8:00 am U.S. Eastern Time (8:00 pm Shanghai time) on Wednesday, May 30, 2007.

Mr. Yonghua Lu, Chairman and Chief Executive Officer, Mr. Kevin Wei, Chief Financial Officer, Mr. Hanfei Wang, Chief Operating Officer, and Ms. Xihong Deng, Executive Vice President in charge of International Business Development, will discuss the results and take questions following the prepared remarks.

The dial-in details for the live conference call are as follows:

- U.S. Toll Free Number 1-866-206-7204

- International dial-in number 1-703-639-1114

Passcode: Solarfun Call.

A live webcast of the conference call will be available on the investor relations section of the Company's website at: http://www.solarfun.com.cn. A replay of the webcast will be available for one month.

SOLARFUN POWER HOLDINGS CO., LTD.
CONSOLIDATED BALANCE SHEETS

(Amounts in thousands of Renminbi ("RMB") and U.S. dollars ("US$"),
except for number of shares and per share data)

December 31 March 31 March 31
2006 2007 2007
(RMB) (RMB) (US$)
Assets (Unaudited) (Unaudited) (Unaudited)
Current assets:
Cash and cash equivalents 1,137,792 757,831 98,124
Restricted cash 33,822 11,282 1,461
Accounts receivable, net 147,834 237,961 30,811
Inventories 372,504 482,860 62,521
Advance to suppliers 238,178 281,411 36,437
Other current assets 75,525 101,280 13,114
Deferred tax assets 3,400 3,868 501
Amount due from related parties 153 - -
Amount due from shareholders 578 - -
----------- ----------- -----------

Total current assets 2,009,786 1,876,493 242,968

Non-current assets:
Fixed assets - net 207,449 280,033 36,258
Intangible assets - net 12,897 12,859 1,665
Long-term investment 300 300 39
----------- ----------- -----------

Total non-current assets 220,646 293,192 37,963

----------- ----------- -----------
Total assets 2,230,432 2,169,685 280,931
=========== =========== ===========

LIABILITIES AND SHAREHOLDERS'
EQUITY
Current liabilities:
Short-term bank borrowings 379,900 329,900 42,715
Long-term bank borrowings,
current portion 16,000 16,000 2,072
Accounts payable 51,452 70,648 9,148
Notes payable 14,020 - -
Accrued expenses and other
liabilities 33,619 31,097 4,026
Customer deposits 17 152 20
Amount due to related parties 32,058 11,615 1,504
----------- ----------- -----------

Total current liabilities 527,066 459,412 59,485

Non-current liabilities:
Long-term bank borrowings, non-
current portion 15,000 15,000 1,942

Minority interests 10,151 10,256 1,328

Shareholders' Equity
Ordinary shares
(par value US$0.0001 per share;
400,000,000 shares authorized;
100,350,000 shares and
239,994,754 shares issued and
outstanding at December 31, 2005
and 2006, respectively 193 193 25
Additional paid-in capital 1,565,524 1,574,347 203,846
Statutory reserves 16,024 17,746 2,298
Retained earnings 96,474 92,731 12,007
----------- ----------- -----------

Total shareholders' equity 1,678,215 1,685,017 218,176

----------- ----------- -----------
Total liabilities and
shareholders' equity 2,230,432 2,169,685 280,931
=========== =========== ===========

SOLARFUN POWER HOLDINGS CO., LTD.
CONSOLIDATED STATEMENTS OF OPERATIONS

(Amounts in thousands of Renminbi ("RMB") and U.S. dollars ("US$"),
except for number of shares and per share data)

For the three months ended
March 31, December 31, March 31, March 31,
2006 2006 2007 2007
(RMB) (RMB) (RMB) (US$)
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
Net revenue:
Photovoltaic
modules 93,551 244,163 190,475 24,600
Photovoltaic cells 1,547 558 266 34
Photovoltaic cell
processing 7,373 (53) - -
------------ ------------ ------------ -----------

Total net revenue 102,471 244,668 190,741 24,634
------------ ------------ ------------ -----------

Cost of revenue:
Photovoltaic
modules (62,687) (178,626) (157,700) (20,356)
Photovoltaic cells (1,437) (435) (225) (29)
Photovoltaic cell
processing (2,361) (40) - -
------------ ------------ ------------ -----------

Total cost of
revenue (66,665) (179,101) (157,925) (20,385)
------------ ------------ ------------ -----------

Gross profit 35,806 65,567 32,816 4,249
------------ ------------ ------------ -----------

Operating expenses:
Selling expenses (1,581) (5,860) (6,438) (834)
General and
administrative
expenses (1,609) (20,629) (15,892) (2,058)
Research and
development
expenses (360) (3,800) (6,224) (806)
------------ ------------ ------------ -----------

Total operating
expenses (3,550) (30,289) (28,554) (3,697)
------------ ------------ ------------ -----------

Operating profit 32,256 35,278 4,262 552

Interest expenses (361) (4,547) (5,308) (687)
Interest income 31 834 9,557 1,237
Exchange losses (10) (2,223) (11,253) (1,457)
Other income 29 416 1,050 136
Other expenses 540 (362) (331) (43)
Changes in fair
value of embedded
foreign currency
derivative 498 919 - -
Government grant 31 212 20 3
------------ ------------ ------------ -----------

Income/(Loss)
before income
taxes and minority
interest 33,014 30,527 (2,003) (259)

Income tax benefit 112 2,559 (424) (55)
Minority interest - (35) (105) (14)
------------ ------------ ------------ -----------

Net income/(loss) 33,126 33,051 (2,532) (328)
============ ============ ============ ===========

Net income/(loss)
attributable to
ordinary
shareholders 33,126 29,500 (2,532) (328)
============ ============ ============ ===========

Net income/(loss)
per share:
Basic 0.33 0.26 (0.011) (0.001)
Diluted 0.33 0.17 (0.011) (0.001)

Shares used in
computation:
Basic net income
per share 100,350,000 113,370,130 240,023,776
Diluted net income
per share 100,350,000 187,820,841 240,023,776

Net income/(loss)
per ADS:
Basic 1.65 1.30 (0.053) (0.007)
Diluted 1.65 0.88 (0.053) (0.007)

Shares used in
computation:
Basic net income
per ADS 20,070,000 22,674,062 48,004,755
Diluted net income
per ADS 20,070,000 37,564,168 48,004,755

Share-based
compensation
expense included
in
Cost of revenue - 123 366 47
Selling expenses - 19 57 7
General and
administrative
expenses - 2,234 6,477 839
Research and
development
expenses - 520 1,544 200

The conversion in this release of Renminbi into U.S. dollars for the first quarter of 2007 made solely for the convenience of the reader, and is based on the noon buying rate in The City of New York for cable transfers of Renminbi as certified for customs purposes by the Federal Reserve Bank of New York as of March 30, 2007, which was RMB7.7232 to US$1.0000. No representation is intended to imply that the Renminbi amounts could have been, or could be, converted, realized or settled into U.S. dollars at that rate on March 30, 2007, or at any other date. The percentages stated in this press release are calculated based on Renminbi amounts.

About Solarfun

Solarfun Power Holdings Co, Ltd. manufactures both PV cells and PV modules, provides PV cell processing services to convert silicon wafers into PV cells, and supplies solar system integration services in China. The Company produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors and directly to system integrators. The Company was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. SOLF-G

http://www.solarfun.com.cn

Safe Harbor Statement

This news release contains forward-looking statements, such as the Company's business outlook for 2007, including full year 2007 estimates for net revenue, PV product shipments and PV cell production capacity. Actual results may differ materially from such estimates depending on future events and other changes in business climate and market conditions. Solarfun disclaims any obligation to update or correct this information.



Contact:
Solarfun Power Holdings Co., Ltd.
Tony Wang, 8621-6306-8907
Investor Relations
[e-mail]
or
Christensen
Christopher Gustafson, 212-618-1978 or 1-602-980-0048
[e-mail]

--------------------------------------------------------------------------------
Source: Solarfun Power Holdings Co., Ltd.

[BarfuSs]

Antwort auf Beitrag Nr.: 29.539.687 von 50bager am 30.05.07 14:07:19

vorbörslich in USA über -20,00% !!

[istanbulman]

amorphis ist ja alles im lot

ich habe wirklich noch keinen in meinem leben kennengelernt der so wenig ahnung von aktien hat wie du und das schlimme ist du denkst wirklich noch du hättest ahnung und ziehst andere unschuldige und naive mit rein so wie du es mit mir gemacht hast!!
deine treffer quote bei den aktien die du enpfehlen tust ist 100% negativ!
du hast mich haufen geld gekostet aber ich habe daraus gelernt und wollte hier mit nur andere warnen nicht auch auf dich reinzufallen!!

[amorphis]

Antwort auf Beitrag Nr.: 29.542.475 von istanbulman am 30.05.07 16:38:22

halt den mund. wenn du klug bist kaufst du nach. wenn du dumm bist verkaufst du am tief. so wie du es sonst immer machst.

das heutige event ist leider nicht vorhersehbar. pass mal auf du kleiner istanbulman...du warst mit dieser aktie schon dick im plus...ist es meine schuld wenn du so blöde bist und sie nicht absicherst????nein ist es nicht. ich sage dir die ganze zeit schon...nimm dein geld und trade...aber du rallst es einfach nicht...du denkst man hält eine aktie sein leben lang...sorry jung...aber du hast nix kapiert.

[amorphis]

Antwort auf Beitrag Nr.: 29.542.475 von istanbulman am 30.05.07 16:38:22

noch was...du machst es dir sehr einfach...und suchst nmur fehler bei anderen. ist auch das einfachste. i know.

ehrlich gesagt hoffe ich das du heute am tief verkauft hast...die aktie steht mitlerweile über 10$...es wäre dir zu wünschen - die gerechte strafe für deine unverschämtheiten.

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 29.542.900 von amorphis am 30.05.07 17:00:21

Folgende Antwort bezieht sich auf Beitrag Nr.: 29.346.476 von ChrisHamburg01 am 16.05.07 17:03:11
--------------------------------------------------------------------------------
geh mal auf die homepage von deli solar und überdenke dein invest.

bei solf würde ich mich einfach zurücklegen und abwarten. die nächsten zahlen werden sicher gut und der nächste großauftrag wird auch kommen. was genau der nächste auslöser einer rally sein wird...kann ich dir nicht sagen.


Hi, das schriebst du am 16.5. Besonders deine Aussage, dass die Zahlen sicher gut werden, hat sich ja nun gründlich überlebt. Du solltest mit deinen Mutmaßungen wirklich etwas vorsichtiger sein. Und die jetzige Rallye bewegt sich ja nun eindeutig nicht in die von dir prognostizierte Richtung.

[istanbulman]

15% im plus und das für ganze 24 std ja klar dick im plus

und jetzt 40% minus dank dir deine durch halte parolen nicht verkaufen immer nachkaufen das sind alles nachkaufkurse was anderes habe ich von dir noch nie gehört !!
und ich dachte ich habe keine ahnung dabei bist du es im gegensatz zu dir stehe ich dazu das ich wenig ahnung habe und fehler mache aber du bist ja der größte und unantastbar das was guru amorphis sagt ist gesetz ich hoffe nur das nicht noch viele andere auf dein geschwätz reingefallen sind !!!
du bist ab jetzt ein kontra indikator wenn du schreist kaufen dann verkaufe ich
naja du tust mir nur leid mehr fällt mir da nicht mehr ein!!
allen anderen noch viel glück und hört nicht so viel auf die anderen "GURUS"
und jetzt ist das kapitel amorphis für mich begraben für immer!!!!

[amorphis]

Antwort auf Beitrag Nr.: 29.543.187 von ChrisHamburg01 am 30.05.07 17:16:32

aber es war aus den letzten quartalszahlen und dem gegebenen ausblick nicht anders zu deuten. hinzu kam der großauftrag. wenn dann heute die company hingeht...und dem kapitalmarkt einen neuen ausblick gibt...dann kommt es nunmal zum rutsch...das ist eine neue situation...die vor ein paar tagen niemand vorhersehen könnte. jetzt die schuld bei anderen zu suchen...weil man vom + ins minus rutscht...ist lächerlich. istanbulman sollte nochmal genau überdenken...wann ich ihm zum einstieg geraten hatte. das war zu kursen um 12$ und vor dem run auf über 17$. alles andere ist gelogen...und nicht meine schuld wenn er erst später kauft und nicht absichert. punkt.

[amorphis]

Antwort auf Beitrag Nr.: 29.543.254 von istanbulman am 30.05.07 17:22:14

und ich dachte ich habe keine ahnung dabei bist du es im gegensatz zu dir stehe ich dazu das ich wenig ahnung habe und fehler mache aber du bist ja der größte und unantastbar das was guru amorphis sagt ist gesetz ich hoffe nur das nicht noch viele andere auf dein geschwätz reingefallen sind !!!

hörmal du SCHWÄTZER!hast DU mich angeschrieben weil du hilfe wolltest und selbst nur fehlgriffe hattest...oder habe ICH dich angeschrieben...weil ich dir helfen wollte?überleg genau was du sagt...sonst poste ich hier mal die alten mails.

[istanbulman]

weißt du was dir ist echt nicht mehr zu helfen!!du tutst mir wirklich nur leid!!!

[Dionicar]

hallo

kann jemand eine zusammenfassung auf deutsch zu den quartalszahlen geben?
Steht was zum ausblick?

bedanke mich im voraus.

[Icetears]

Antwort auf Beitrag Nr.: 29.543.597 von amorphis am 30.05.07 17:45:20

Eine der wichtigsten Regeln überhaupt.

Entscheide selbst.
Höre nicht auf andere.
Dann brauchst du auch niemanden für
"DEINE" Entscheidung verantwortlich zu machen.

Du machst deine "eigene" Entscheidung fest an jemandem
der dir "Ge `raten`" hat?

Dazu kann ich nur sagen "Go home Kindergarden".

Gruß

Ice

[amorphis]

Antwort auf Beitrag Nr.: 29.562.108 von Icetears am 31.05.07 19:15:30

ich glaub du hast da was falsch verstanden. nicht ich hab mich beschwert...sondern istanbulman war es. ich treffe meine entscheidungen selbst...das mal nur am rande...ich lebe nämlich vom aktienmarkt.

[Icetears]

Antwort auf Beitrag Nr.: 29.562.991 von amorphis am 31.05.07 20:05:40

So war es gemeint.
Habe nur im falschen Posting auf Antworten geklickt. :-)

Gruß

Ice

[ChrisHamburg01]

Das geht ja nur noch abwärts mit dieser Aktie. Wann mag der Trend wohl gestoppt sein???

[Kinkikatze]

Antwort auf Beitrag Nr.: 29.829.045 von ChrisHamburg01 am 11.06.07 19:57:39

aw zum letzten posting vom 11.Juni.
Leider tut sich hier nichts mehr, schade.
Am 11.Juni lag der Kurs bei 8,58
heute ist er bei 8,44.
Eine Stabilisierung scheint einzukehren.
Hoffen wir's.
Könnte vielleicht wieder aufwärts gehen, bin selbst
ins minus gerutscht, d.h. aussitzen.
Gruß an alle, und meldet Euch wieder
kinkikatze

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 29.877.023 von Kinkikatze am 13.06.07 17:33:36

Du scheinst ja fast die gleichen Aktien zu haben wie ich: SOLF, TSL und WWAT Ansonsten bin ich u.a. noch in der Solarfabrik investiert. Macht mir alles zur Zeit nicht wirklich Freude. Gott sei Dank habe ich auch Aktien im grünen Breich

[Kinkikatze]

Antwort auf Beitrag Nr.: 29.877.471 von ChrisHamburg01 am 13.06.07 17:51:36

@ an Chris H.
sieht fast so aus., das hier ist aber die einzige die im
minus ist, dafür ist wwat für mich ein selbstläufer und
auch die größte Position.
gruß un man trifft sich hie und da wieder
kinkikatze

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 29.894.638 von Kinkikatze am 14.06.07 17:26:31

Gestern und heute hat sich die Situation ja deutlich in allen Positionen verbessert.
Ich bin auch noch in Daimler, D.Logistics und einem Zertifikat auf den Hang Seng drin. Alle über 20% im Plus. Solche konservativen Anlagen brauche ich zur Schonung meines Nervenkostüms auch

WWAT ist bei mir eher eine kleinere Position. Leider bin ich auch noch bei Broadvision drin. Da hoffe ich auf einen baldigen Rebound. Die sind SEHR rot.

[Kinkikatze]

Antwort auf Beitrag Nr.: 29.899.317 von ChrisHamburg01 am 14.06.07 20:08:28

@ chris H.
da mir der DAX zu heiss lief, verkaufte ich die Daimler
noch vor der letzten Korrektur.
Dafür kaufte ich JA Solar und Suntechpower.
Da kann man auch nicht viel falsch machen.
Gruß und schönes WE
kinkikatze

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 29.944.491 von Kinkikatze am 15.06.07 17:46:53

So, ich glaube (hoffe) die Trendwende ist geschafft und habe eben nochmal 200 Stück gekauft.

[amorphis]

Solarfun Power Holdings Co., Ltd.Hilfe und InfosSeite ausdruckenSeite aktualisieren

26.06.07 22:00 Uhr

11,09 USD

+14,45 % [+1,40

so. wie war das noch?mein timing war vor ein paar wochen perfekt.

[amorphis]

lol istanbulman...lol lol lol...bei 9 war kein guter kauf???

[ChrisHamburg01]

Seid ihr alle eingeschlafen oder trunken vom Champagner ob des guten Anstiegs während der letzten 3 Wochen? Die Aktie entwickelt sich prächtig und keiner merkt´s. Der Handel in D ist ja etwas traurig. Schade eigentlich.

[amorphis]

Antwort auf Beitrag Nr.: 30.668.788 von ChrisHamburg01 am 13.07.07 13:22:19

chris...die erklärung der stille ist doch recht einfach. als hier klare kaufkurse unter 10$ vorzufinden waren und ich auf diese hingewiesen habe...da hat's genügend kritik gegeben von einigen speziellen usern hier. ich wurde als kontraindikator abgestempelt.

das es hier ruhig ist, wundert micht also nicht. ganz im gegenteil.

[ChrisHamburg01]

Gab es irgendwelche schlechten Nachrichten? Die letzte Zeit ist ja nicht so der Knaller. Fast nur abwärts

[amorphis]

Antwort auf Beitrag Nr.: 30.778.287 von ChrisHamburg01 am 20.07.07 18:22:55

nein. die aktien leiden unter den auswirkungen der subprime krise in den staaten. das wirkt sich nunmal temporär auf den aktienmarkt aus.ob die usa nun ein wirtschaftliches problem haben sei mal dahingestellt,bei den solarstocks sollte sich das ganze bald nicht mehr bemerkbar machen. greez

[Kapitalist15]

Guten Morgen Aktionäre von Solarfun,
die Korrektur von unserer Aktie scheint bei dem Tief vom Juni/07 zu enden. Die Marke von 6,70€ wird als Unterstützung halten, falls nichts ungewöhnliches mehr dawzischen kommt.
Bin der Meinung das dies jetzt ein guter Zeitpunkt ist zum Einzusteigen oder Nachzukaufen.

Gruß

[Kapitalist15]

Es gibt Fun mit unserer Solarfun.
Geld 7,89€ Brief 7,95€
Steigende Kurse!!
Die Story geht weiter, bzw. wir sind jetzt erst ganz am Anfang!

Viel Erfolg uns allen!!

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 31.080.572 von Kapitalist15 am 08.08.07 15:41:35

Es wäre mir sehr recht, wenn dieses ständige Auf und Ab endlich mal ein Ende hätte und Solarfun sich über 10 Euro stabilisiert. Sieht ja auch gut aus, dass das demnächst passiert.

[Kapitalist15]

Die amerikanischen Börsen haben im Plus geöffnet.
Wir müssen uns damit abfinden, dass es bei unserer Aktie i.d.R. erst ab 15.30 Uhr zu größeren Kursveränderungen kommen wird.
8-Euro-Hürde ist geschafft!

[Kapitalist15]

Antwort auf Beitrag Nr.: 31.080.735 von Kapitalist15 am 08.08.07 15:49:00

Weiß jemand wann Zahlen von Solarfun kommen?
Evtl. schon Prognosen?

[cars501]

hier sind sie!
20.08.2007 13:15
Solarfun Reports Second Quarter 2007 Results

Solarfun Power Holdings Co., (Nachrichten) Ltd. (“Solarfun“ or “the Company“) (NASDAQ:SOLF), an established manufacturer of both photovoltaic (PV) cells and modules in China, today reported its unaudited financial results for the quarter ended June 30, 2007.

Second Quarter 2007:

* Net revenue for the second quarter of 2007 was RMB 462.8 million (US$ 60.8 million), compared to RMB 101.0 million (US$ 13.3 million) for the second quarter of 2006, and RMB 190.7 million (US$ 25.1 million) for the first quarter of 2007.
* Gross profit for the second quarter of 2007 was RMB 70.0 million (US$ 9.2 million), compared to RMB 31.1 million (US$ 4.1 million) for the second quarter of 2006, and RMB 32.8 million (US$ 4.3 million) in the first quarter of 2007.
* Net income attributable to ordinary shareholders for the second quarter of 2007 was RMB 19.4 million (US$ 2.5 million), compared to net income attributable to ordinary shareholders of RMB 15.5 million (US$ 2.0 million) for the second quarter of 2006, and a net loss attributable to ordinary shareholders of RMB 2.5 million (US$ 0.3 million) for the first quarter of 2007.
* Earnings per basic ADS were RMB 0.403 (US$ 0.053 per basic ADS) in the second quarter of 2007.
* PV module shipments totaled 16.4 MW, representing a significant increase from 5.6 MW in the second quarter of 2006 and 6.5 MW in the first quarter of 2007.

“We had a successful second quarter and a significant turnaround from the start of the year,“ commented Mr. Yonghua Lu, Chairman and CEO of Solarfun. “During the quarter, we shipped 16.4 MW of PV modules, which is over two and a half times our first quarter 2007 volume, and we made considerable progress in increasing the number and quality of our customers and in broadening our geographic reach. Our results already demonstrate the contribution of several important additions to our management team at the beginning of the quarter as they were able to sign a number of significant new quality contracts on both the sales and procurement sides. We are also extremely pleased about our recently announced acquisition of a majority stake in Jiangsu Yangguang Solar Technology. This company will add an important component of the supply chain at the wafer manufacturing level and helps us both secure key wafer supply and extend our reach up the value chain in the PV business. We continue to work towards our goal of becoming a premier global manufacturer of photovoltaic cells and modules and I believe our progress in this quarter should help us achieve strong operating results in the second half of the year.“

Second Quarter 2007 Financial Results

Solarfun's total net revenue for the second quarter of 2007 increased 358.2% to RMB 462.8 million (US$ 60.8 million) from RMB 101.0 million in the second quarter of 2006, and increased 142.6% from RMB 190.7 million in the first quarter of 2007. The sequential increase was primarily due to an increase in shipments and was partially offset by a decline in the average selling price (“ASP“) from the first quarter of 2007. Total PV module shipments were 16.4 MW in the second quarter of 2007, which was significantly higher than the 6.5 MW in the first quarter of 2007 and 5.6 MW in the second quarter of 2006. ASP declined mildly to US$ 3.68 per watt in the second quarter of 2007. During the second quarter, Solarfun derived almost all of its total net revenue from the sale of PV modules.

Gross profit for the second quarter of 2007 was RMB 70.0 million (US$ 9.2 million), representing an increase of 125.0% from RMB 31.1 million in the second quarter of 2006 and an increase of 113.4% from RMB 32.8 million in the first quarter of 2007. The gross margin decreased to 15.1% from 30.8% in the second quarter of 2006 and 17.2% in the first quarter of 2007. The decrease was primarily attributable to the decrease in ASP in the second quarter of 2007.

Income from operations for the second quarter of 2007 was RMB 27.6 million (US$ 3.6 million), or 6.0% of total net revenue, compared to RMB 4.3 million, or 2.2% of total net revenues in the first quarter of 2007, and RMB 16.0 million, or 15.8% of total net revenues in the second quarter of 2006. The year-over-year decrease in operating margin was mainly due to the decrease in gross margin and an increase in operating costs as a result of the expansion of the Company's international sales and R&D capabilities in support of the growth of the business.

Share-based compensation expenses for the second quarter of 2007 totaled RMB 6.2 million (US$ 0.8 million), compared to RMB 8.4 million in the first quarter of 2007 and RMB 10.3 million in the second quarter of 2006.

Net income attributable to ordinary shareholders for the second quarter of 2007 was RMB 19.4 million (US$ 2.5 million), representing an increase of 24.4% from net income attributable to ordinary shareholders of RMB 15.5 million in the second quarter of 2006 and a substantial turn-around from the net loss attributable to ordinary shareholders of RMB 2.5 million in the first quarter of 2007.

Earnings per basic ADS for the second quarter of 2007 were RMB 0.403, or US$ 0.053 per ADS.

[Kapitalist15]

Es kommt wieder etwas Schwung in unsere Aktie:
8.23 Geld 8.3 Brief 16:11:30 Frankfurt

[ChrisHamburg01]

Na endlich. Wird ja auch Zeit. Und ich hoffe, dass dann die ständige Achterbahnfahrt mal eine Ende hat.

[robby.r]

[robby.r]

[robby.r]

[Börsenmaus]

Wichtig ist das wir uns über der Widerstandslinie bei 11.62 $ halten

Börsenmaus

[robby.r]

Antwort auf Beitrag Nr.: 31.540.163 von Börsenmaus am 11.09.07 23:08:07

[robby.r]

dat war´s wieder

[Börsenmaus]

robby.r *ggg

So schaun wir mal wies ausschaut
Was für ein gezocke bei Solf
T-Hoch bei 12.24 $
T-Tief bei 10.71$ 794,000K gehandelte Aktien
geschlossen haben wir bei 11.02 $
Was sagt uns das ?
Wir liegen unter der Unterstützungslinie bei 11.62$
Für morgen heisst es ,Solf sollte nach Möglichkeit nicht unter
der 11.02 $schliessen

Börsenmaus

[meinolf67]

Solarfun expandiert nach Europa

Solarfun Power Holdings, Ltd., ein weltweit aktiver Hersteller von Photovoltaik-Zellen und -Modulen, wird mit der Gründung der Solarfun Deutschland GmbH (i. Gr.) in München in den Europäischen Markt eintreten.
Seit 1 Stunde, 44 Minuten (evertiq)
von: Herbert Hoenle
An der Spitze der Deutschland GmbH steht Christian Dorn, ehemals Geschäftsführer der Tenesol Deutschland GmbH. Der Managing Director hat sich zum Ziel gesetzt, die Solarfun-Produkte in der Distribution, bei Stützpunkthändlern und OEMs zu etablieren.

Dazu Dorn: „Unsere Fertigungskapazitäten in Verbindung mit erstklassigem Engineering sind optimal geeignet, um in Deutschland eine Führungsrolle einzunehmen. Solarfun hat erkannt, dass der deutsche Markt der Schlüssel zu Europa ist."

Die Solarfun Power Holdings Co, Ltd. wurde 2004 in der Volksrepublik China gegründet. Zwischenzeitlich ist das Unternehmen zu einem der weltweit führenden Hersteller von Photovoltaik-Zellen und -Modulen avanciert. Das Produktspektrum umfasst sowohl mono- als auch multikristalline Silizium-Zellen und -Module, die zu 100 Prozent aus selbst produzierten Photovoltaik-Zellen stammen. Gegenwärtig liegt die jährliche Produktions-Kapazität von Photovoltaik-Zellen bei 240MW und 180MW bei Modulen. Die Produkte werden weltweit über Distributoren, OEMs und Systemintegratoren vertrieben.

[robby.r]

...........Solarfun hat erkannt, dass der deutsche Markt der Schlüssel zu Europa ist






für´n zock sind sie allemal gut / dat war´s aber

[panik]

Solarfun Provides Mid-Quarter Update on Operations
Thursday September 20, 12:25 am ET
Highlights:
-- Secured three multi-year framework commitments for 185 MW of photovoltaic modules
-- Signed first non-domestic long-term supply agreement for deliveries of polysilicon starting in 2008
-- Secured equipment for cell lines 9-12 and confident full-scale production will begin by mid-2008
-- Received first wafer sample from joint venture wafer company; initial samples met expectations for quality and efficiency, and supply expected to increase over remainder of 2007


SHANGHAI, China--(BUSINESS WIRE)--Solarfun Power Holdings Co., LTD. ("Solarfun") (NASDAQ: SOLF - News), an established manufacturer of both photovoltaic (PV) cells and modules in China, today announced an update on sales developments, supply agreements, production plans, and progress at the Company's Joint Venture company Yangguang Solar.

SALES

Solarfun secured three large multi-year framework commitments for over 185 MW of photovoltaic modules at the 22nd European Photovoltaic Solar Conference and Exhibition in Milan, Italy in early September. Initial shipments are expected to start as early as October 2007. Each of these customers is large and well-known company in Europe and is expected to significantly strengthen Solarfun's customer base and distribution network globally.

The Company also continued to meet its goal of strengthening its sales team with international experience. Christian Dorn, a 14-year veteran of electronics and solar product sales in Europe, joined the Company as Sales Director of Germany. Mr. Dorn was most recently Managing Director at Total Energie Deutschland GmbH.

SUPPLY

Solarfun signed its first non-domestic long-term agreement with an undisclosed supplier. Deliveries of wafer are expected to begin immediately and extend up to seven years. The contract calls for deliveries of 10 MW in 2008 and increasing to over 30 MW per year during the period of 2009-2013.

Mr. Yonghua Lu, Chairman and CEO of Solarfun, commented, "This agreement is the first step to securing high-quality and reasonably priced polysilicon supply outside of China. Given the ongoing tight supply of polysilicon worldwide, we continue to try to build relationships with and secure other sources of large-scale non-domestic supply of both wafer and polysilicon."

PRODUCTION

Solarfun's expansion plans remain on schedule. Construction of cell lines 7-8 are on schedule and are expected to commence commercial production in October. The Company has also secured equipment and is confident that cell lines 9-12 will begin full-scale production by mid-2008. Year-end manufacturing capacity targets remain on track, with total Cell capacity expected to reach 240 MW by the end of 2007 and 360 MW by the end of 2008.

The Company continues to add seasoned management with manufacturing experience in recognition of the increasing demands of increasing production scale and maintaining the Company's reputation for high-quality, low-cost production. Solarfun recently hired Mr. Gao Zhoumiao as Vice President, Operations. He joins Solarfun from Advanced Semiconductor Manufacturing Corporation of Shanghai (ASMC), which is a subsidiary of Philips, where he gained 18 years of experience managing their manufacturing operations.

Mr. Lu commented, "We are happy to welcome Mr. Gao to our management team. His experience will strengthen our focus on continuing improvement in manufacturing quality, efficiency and yield."

JOINT VENTURE PROGRESS

Progress at Solarfun's 52%-owned joint venture company, Jiangsu Yangguang Solar Technology Co. Ltd. ("Yangguang Solar"), is on schedule. The Company received its first wafer sample at the end of August and expects supply to accelerate throughout the remainder of 2007 and 2008.

Mr. Lu added, "Yangguang's progress is already quite encouraging, with initial samples meeting our high standards for efficiency. Yangguang Solar appears to be well on its way of meeting our previously announced year-end capacity targets of 20 MW in 2007 and 60-80 MW in 2008. Yangguang Solar remains an important component of our strategy to vertically integrate upstream and secure a dependable, high-quality, low-cost supply of polysilicon wafers."

About Solarfun

Solarfun Power Holdings Co, Ltd. manufactures both PV cells and PV modules, provides PV cell processing services to convert silicon wafers into PV cells, and supplies solar system integration services in China. Solarfun produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors, OEM manufacturers and directly to system integrators. Solarfun was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. SOLF-G

http://www.solarfun.com.cn

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Solarfun does not undertake any obligation to update any forward-looking statement, except as required under applicable law.



Contact:
Solarfun Power Holdings Co., Ltd.
US Cell: 1-765-427-5925
China Tel: [phone]
[e-mail]
or
Christensen
Cheick Camara, 212-618-1978
[e-mail]
or
Shelldy Cheung, 852-2232-3936
[e-mail]

--------------------------------------------------------------------------------
Source: Solarfun Power Holdings Co., LTD.

[ChrisHamburg01]

Ist ja tote Hose hier - und das bei über 10% im Plus

[Boersi]

Aufnahme von Solarfun Power ins "Hochspekulative Charttechnik-Depot" zu 8,62 €.
... weitere Infos unter: http://www.wallstreet-online.de/dyn/community/thread.html?th…

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 31.725.739 von Boersi am 24.09.07 17:44:53

War wohl eine gute Idee. 11,5% ist doch eine nette Hausnummer

[Boersi]

Antwort auf Beitrag Nr.: 31.738.751 von ChrisHamburg01 am 25.09.07 16:46:15

Ja, sieht so aus, werde weiter drin bleiben. Aktualisierungen in meinem Thread!

[spiritrob]

that´s fun!
$14.64 +2.43 (19.90%)

[spiritrob]

Combining two hot investing topics—solar energy and China—seems like a win-win proposition. But when it comes to China’s Solarfun Power Holdings Co., Ltd. (Nasdaq: SOLF), investors seem to have taken a dim view following a December 2006 offering in the U.S. markets.

Based in China’s Jiangsu province, Solarfun Power makes the photovoltaic (PV) cells and modules that are used to convert light into electricity, and provides services and supplies to make solar systems work. Founded in 2004, Solarfun sells its products primarily in China. Production capacity makes Solarfun the world’s sixth-largest PV cell manufacturer and is the second-largest U.S.-listed Chinese cell maker after global leader Suntech Power Holdings Co., Ltd. (NYSE: STP).

When Solarfun’s American Depository Receipts were offered on the Nasdaq Global Stocks market last Dec. 20, the IPO was priced at $12.50. Solarfun closed its first day of U.S. trading at $9.96—and has seemingly been treading water since then.

Despite some flickers of hope since the stock offering, including a 52-week high of $17.69 seen in April, analysts remain lukewarm about Solarfun: four analysts surveyed by Thomson Financial all have this relative newcomer at the equivalent of a “hold.” The stock closed at $12.27 on Monday.

Investors looking to jump into China or into solar are left wondering if Solarfun is a potential sleeping giant that could shine brightly, or if the company is something of a poorly lit bulb in their investment strategy.

There has been a gold rush of solar-related Chinese companies following the successful IPO of Suntech in December 2005, which has seen its share price nearly triple over the past two years.

Interest in solar overall has skyrocketed as prices for energy products derived from petroleum have risen dramatically in the last few years. In turn, the demand for polysilicon, a necessary component in solar energy technology, created a shortage that has driven up prices for the key material.

Solarfun competes with Suntech in an increasingly crowded marketplace for PV cells. On Thursday, Suntech reported its net income nearly doubled in the third quarter and said it’s expecting “extremely strong demand” for solar cells in 2008, according to a press release.

Results from Solarfun Power have shown promise, for the most part. Second-quarter financials released in mid-August revealed a turnaround from a bleak first quarter: net income grew to $2.5 million from $2 million in the comparable 2006 period, as revenue increased to $60.8 million from $13.3 million the year before. PV module shipments rose dramatically to 16.4 megawatts, from 5.6 megawatts in the 2006 quarter, and the 6.5 megawatts seen in the first quarter.

By contrast, competitor Suntech said its third-quarter PV production capacity rose to 450 megawatts and the world’s largest producer of solar cells is predicting 1-gigawatt production capacity by the end of 2008.

When Solarfun Power reported its first-quarter results that included a $300,000 net loss in late May, its shares dropped 23%. However, the company had warned that it expected the first quarter to be difficult, which bore out with the loss of a penny a share; a Thomson Financial forecast had called for earnings of $0.07 a share. Solarfun closed at a low point since the IPO of $8.28 on June 12.

Despite some setbacks, Solarfun is not standing still. The company has jolted its executive suite with some new faces, and has announced several supplier and customer contracts.

A Sept. 20 midquarter update included some progress on Solarfun’s plans to boost solar cell production capacity, which the company expects to increase to 360 megawatts by the end of 2008 from 240 megawatts in 2007. Solarfun also said that it landed three unnamed European customers in September at a large trade show in Italy and that it was hooking up with its first non-Chinese wafer supplier in a long-term commitment.

Solarfun also sought to allay investors’ fears last month following tumultuous news from one of its big suppliers. Solarfun said on Oct. 16 that it had signed a $266 million contract with LDK Solar Co., Ltd. (NYSE: LDK) to supply polysilicon wafers at a fixed price from 2008 through 2010. Earlier, LDK announced that it would investigate claims by a former employee that the company had misstated its polysilicon inventories—allegations that LDK has continued to deny.

Analysts have issued reports to their clients containing some restrained optimism about Solarfun Power’s potential.

Bank of America Securities analyst Eric Brown initiated coverage of Solarfun this month with a “neutral” rating and a $14 price target. In a Nov. 6 research note, Brown cited the company’s rebound from the dismal first quarter with management and marketing changes that “have already paid dividends, as Solarfun has increased its customer base more than threefold since 1Q07 (to over 20 customers). However, execution risks remain as the company looks to grow rapidly in a very dynamic solar market.”

The Bank of America analyst, who’s looking for Solarfun to report strong results for the final six months of 2007, cautioned investors: “Consistent with our industry view, we would be very cautious on the Chinese solar names due to a number of expected pressures on margins,” because of polysilicon supply problems and a highly competitive market.

Adam Hinckley of CIBC World Markets has had Solarfun Power at “sector perform,” without issuing a price target. Following the second-quarter financials release, he reiterated his guidance but raised his 2008 estimates, saying, “We are warming up to SOLF, as much of the concentration risk apparent in 1Q has been removed.” He’s currently looking for 2007 earnings of $0.17 per share, a cut from $0.21, while increasing his 2008 estimate to $0.62 from $0.52.

Hinckley had an opportunity to visit Solarfun’s operations in China in mid-September, triggering an optimistic research report on Sept. 18 concerning the company’s silicon supplies. However, he remains cautious because of liquidity concerns as the company plots its expansion, and he expects Solarfun to “seek out financing to meet its obligations.”

Lazard Capital Markets’ Sanjay Shrestha initiated coverage of Solarfun with a “hold” rating on Oct. 23, noting that he believed the share price was fairly valued. Similarly, Goldman Sachs analyst Cheryl Tang placed Solarfun at “neutral” in June.

Solarfun is expected to release its third-quarter results before the end of the month. The consensus estimate of analysts surveyed by Reuters calls for earnings of $0.03 per share; the Zacks estimate is slightly more optimistic at $0.05 EPS. Full-year earnings are expected to come in at $0.13 per share for Solarfun, according to Reuters estimates, and at $0.18 per share according to Zacks.

When the results are released, the gloomy cloud hovering over Solarfun Power (SOLF) might lift, and investors could find a sunnier outlook for the stock.

Paul Rolfes - Contributing author Paul Rolfes is assistant business editor at The Courier-Journal, the largest daily newspaper in Kentucky. ... Read More

[meinolf67]

Solarfun Power files $75 mln stock offering
By Steve Gelsi

NEW YORK (MarketWatch) -- Solarfun Power Holdings Co. Ltd. (SOLF:
solarfun power holdings co l sponsored adr


SOLF 11.19, +0.26, +2.4%) on Tuesday filed to sell up to $75 million in American depositary shares with underwriter Morgan Stanley


The Qidong, China manufacturer of photovoltaic cells closed at $11.19 a share on Monday. Solarfun debuted its initial public offering on Dec. 20, 2006 at a price of $12.50 a share. End of Story

[spoon79]

SHANGHAI, China, Nov 29, 2007 (BUSINESS WIRE) -- Solarfun Power Holdings Co. , Ltd. ("Solarfun" or "the Company") (NASDAQ:SOLF), a vertically-integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today reported its unaudited financial results for the quarter ended September 30, 2007.

Third Quarter 2007 Highlights

-- Net revenue was RMB 753.8 million (US$ 100.6 million), up 312 % from the comparable quarter in 2006, and 63% higher than 2Q 2007.

-- Total PV module shipments were 27.3 MW, continuing a trend of strong sequential increases from 16.4 MW and 6.5 MW in 2Q and 1Q 2007, respectively.

-- The average selling price ("ASP") remained stable at $3.66, compared to $3.68 in 2Q 2007.

-- Gross profit reached RMB 120.7 million (US$ 16.1 million), an increase of 133 % from the same quarter last year, and 72 % from 2Q 2007.

-- Gross margin improved to 16% from 15.2 % in 2Q 2007.

-- Net income was RMB 59.6 million (US$ 8.0 million), a gain of 146 % from the same quarter in 2006, and 190% from 2Q 2007.

-- Earnings per basic ADS were RMB 1.24 (US$ 0.17), in the third quarter of 2007, a 22% gain from the same quarter a year ago and 190% above 2Q 2007.

Mr. Yonghua Lu, Chairman and CEO of Solarfun commented, "We are quite pleased with our progress at all levels. Our shipments continued to increase and demand remained robust. We successfully completed the addition of PV cell production lines 7 and 8 in November 2007 and have achieved annual manufacturing capacity of 240 MW. Our gross profit margin increase is a reflection of stabilizing ASP in addition to reduced raw material costs, and we have been able to leverage growing economies of scale by spreading our operating expenses across our higher sales volumes."

"During the quarter, we continued to broaden the size and quality of our customer base, as well as our suppliers of polysilicon and wafers. Additionally, we are making solid progress on the development of our new ingot manufacturing subsidiary, Jiangsu Yangguang Solar Technology Co. Ltd. We already received wafer samples and they have met our high standards of quality. Now we are in the planning stages of a full delivery schedule."

Other Financial Highlights for the Third Quarter of 2007

-- Income from operations increased to RMB 63.3 million (US$ 8.4 million), or 8.4% of total net revenue, from RMB 29.1 million (US$ 3.9 million), or 6.3% of total net revenue, in 2Q 2007. The operating profit margin in the third quarter of 2006 was 16.5%. The decline compared to last year was primarily due to spending on corporate infrastructure and sales and marketing expenses. The sequential increase in operating profit margin was largely due to spreading costs across the higher sales volume.

-- Interest expense more than doubled to RMB 6.7 million (US$ 0.9 million) from 2Q 2007 due to higher short-term bank debt borrowings.

-- Exchange losses of RMB 0.7 million (US$ 0.09 million) decreased significantly from RMB 10.4 million (US$ 1.4 million) in 2Q 2007, primarily because cash balances in U.S. dollars dropped as our IPO proceeds were invested in growing the business.

-- Share-based compensation expenses rose to RMB 5.6 million (US$ 0.74 million), from RMB 5.1 million (US$ 0.68 million) in 2Q 2007.

Financial Position

As of September 30, 2007, the Company had cash and cash equivalents of RMB 345.4 million (US$ 46.1 million) and working capital of RMB 1,234.0 million (US$ 165 million). Total bank borrowings were RMB 775.9 million (US$ 103.6 million). The Company filed a registration statement on Form F-1 on November 27, 2007. This registration statement seeks to register the sale of ADSs that will be used to facilitate hedging transactions by purchasers of the convertible notes that we plan to offer concurrently in a transaction pursuant to Rule 144A once the registration statement is declared effective by the SEC.

Net accounts receivable increased to RMB 681.9 million (US$ 91.0 million), from RMB 360.3 million (US$ 48.1 million) in 2Q 2007, largely due to the Company's higher sales volumes. Days Sales Outstanding ("DSO") continued to improve to 63 days in 3Q 2007.

Recent Events

-- The Company previously announced that it had secured several large multi-year framework commitments for over 185 MW for 2008 delivery. The Company had entered into signed contracts for the sale of 38.5 MW of these PV modules from 2007 to 2008.

-- In November 2007, the Company entered into an agreement with LDK, under which LDK agreed to deliver to us multicrystalline wafers valued at approximately RMB 2 billion from early 2008 to 2010.

-- On November 26, 2007, the Company announced a $306 million polysilicon supply contract with Hoku Scientific, Inc., with deliveries beginning in 2009 and continuing over an eight-year period.

-- The company made certain adjustments to its financial results for the six months ended June 30, 2007, resulting in an increase in net income of RMB 1.2 million from its previously announced results for the two quarters ended June 30, 2007. These adjustments primarily include a decrease in the Company's operating expenses due to forfeiture of options granted to departing employees, partially offset by an increase in income tax.

Management Changes

We recently appointed Ms. Amy Jing Liu to be our chief financial officer, replacing Mr. Kevin C. Wei, whose employment contract expired on October 31, 2007. Ms. Liu brings broad finance and operations management experience with large multi-national companies, having previously worked as VP- Director of Finance- China and Hong Kong in Thermo Fisher Scientific and as Finance manager in DuPont. Ms. Ru Cai, our principal accounting officer whose employment contract also expired on October 31, 2007, departed the Company. In addition, Mr. Fei Yun recently resigned as director of technology.

Business Outlook 2007

Based on current operating trends and other conditions, Solarfun is raising its 2007 full year guidance as follows:

-- Net revenue of US$280-US$300 million, which represents an increase of 230%-250% over 2006. This compares to the previously announced guidance of US$250 million to US$270 million.

-- Full-year shipments at the high end of the previously communicated guidance of 70-80MW, which represents a 210% to 254% increase over 2006.

-- The Company already reached its target of hitting annualized total PV cell production capacity of 240MW by the end of 2007.

Chairman Lu concluded, "Looking forward, we are reiterating our optimism for the fourth quarter and full year ahead. We now have 240 MW of capacity in place, and we plan to continue to expand our production capacity in order to meet our anticipated demand, which remains robust. Additionally, our supply situation is improving; we believe we have secured 100% of our needs in 2007 and a significant portion of our anticipated needs in 2008, and pricing through the remainder of this year and well into next looks to be quite strong"

Conference Call

Management will host a conference call to discuss the results at 8:00 am U.S. Eastern Time (9:00 pm Shanghai time) on November 29, 2007.

Mr. Yonghua Lu, Chairman and Chief Executive Officer, Ms. Amy Jing Liu, Chief Financial Officer, and Paul Combs, Vice President of Strategic Planning, will discuss the results and take questions following the prepared remarks.

[spiritrob]

Antwort auf Beitrag Nr.: 32.613.306 von spoon79 am 29.11.07 14:20:35

das sind zahlen!
die erwartungen wurden klar (3-fach) übertroffen.

auf geht´s

[spoon79]

Antwort auf Beitrag Nr.: 32.614.142 von spiritrob am 29.11.07 15:18:06

Hast du eine Ahnung, wie groß der Einfluß von der Nasdaq auf den Kurs ist??

[spoon79]

Habe mir die Frage selber beantwortet. Die Frage ist, wie es jetzt weitergeht. Morgen heftige Gewinnmitnahmen, oder ein weiterer anstieg?

[Der_Friese]

Ich schätze, es geht erstmal ordentlich runter auf etwa 8-9 EUR. Hängt aber vom allgemeinen Umfeld ab. An kurzfristige neue Höchststände glaube ich nicht.
Runter kommen sie alle

[spoon79]

In den USA gehts nochmal ein wenig nach oben. Bei 15€ ist ein sehr heftiger Widerstand.

[spoon79]

15$ nicht €

[B38fk17]

Antwort auf Beitrag Nr.: 32.618.598 von Der_Friese am 29.11.07 20:18:32

Chinesische Solartitel bleiben heiss. Man denke nur an die Kostenvorteile bei der Herstellung (sprich Zusammenschrauben) von Modulen.

Hier meine Watchlist:
SOLF
CSUN
CSIQ
LDK
TSL
HOKU (Poly Hersteller)

Die Titel sind alle in US gelistet. Vergleicht mal das KGV mit US-Solarfirmen (ESLR, DSTI).

[BarfuSs]

RT´s

SOLF 18,50$ +13,20% Vol. 2,7 Mio.
LDK 32,20$ +9,00% Vol. 2,9 Mio.
TSL 46,20$ +7,80% Vol. 1,0 Mio.
CSIQ 16,50$ +5,22% V0l. 850.000
CSUN 7,95$ +4,90% Vol. 400.000


SOLF an der spitze!!!

[BarfuSs]

Antwort auf Beitrag Nr.: 32.649.470 von BarfuSs am 03.12.07 18:02:20

RT 19,44$ +18,96% Vol. 3,6. Mio


GruSs BarfuSs

[BarfuSs]

Antwort auf Beitrag Nr.: 32.618.738 von spoon79 am 29.11.07 20:26:56

morgen hast du deine 15,-€

[spiritrob]

$ 24,24
wie lange geht der spass noch so weiter???

[Papierhecht]

ich freue mich ja, aber gibt es irgendwelche gründe?

[spiritrob]

Antwort auf Beitrag Nr.: 32.660.899 von Papierhecht am 04.12.07 16:23:01

nimm das
"good energies will anteil auf 34,7% erhöhen"
http://biz.yahoo.com/bw/071204/20071204005837.html?.v=1

[spiritrob]

[spiritrob]

jetzt kasse machen oder nicht.
das ist hier die frage.

[Guerilla Investor]

Antwort auf Beitrag Nr.: 32.661.399 von spiritrob am 04.12.07 16:54:30

Was ist teurer - entgangene Mehrgewinne oder realisierte Verluste ...?

Was hier abgeht ist einfach nur abartig - ich kenne sowas nur in die andere Richtung und damit kann ich ganz gut umgehen ...

[spiritrob]

Antwort auf Beitrag Nr.: 32.662.022 von Guerilla Investor am 04.12.07 17:32:47

verluste sehe ich hier weit und breit keine

[Guerilla Investor]

Antwort auf Beitrag Nr.: 32.662.134 von spiritrob am 04.12.07 17:40:30

Warum fragst du dann ...?

[spiritrob]

Antwort auf Beitrag Nr.: 32.662.177 von Guerilla Investor am 04.12.07 17:43:43

ähhhh ...

naja, an kurzfristig mit genommenen gewinnen ist noch niemand gestorben

aber ok, ich bleib dabei

[Guerilla Investor]

Antwort auf Beitrag Nr.: 32.662.229 von spiritrob am 04.12.07 17:48:00

Wenn ich mal nicht sicher bin - nehm ich die Hälfte raus - ist es überdurchschnittlich gestiegen, dann drei viertel ...

Ist ja nicht grad so, als auch woanders nicht wenig Geld verdient wird ...

[Broker_Hans]

!

Dieser Beitrag wurde moderiert. Grund: Beleidigung

[gerdass]

Antwort auf Beitrag Nr.: 32.662.256 von Guerilla Investor am 04.12.07 17:50:37

Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF) a vertically-integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules based in China, today announced that Good Energies has entered into an agreement to purchase 66,745,638 ordinary shares and 281,011 American Depository Shares (ADS) from current shareholders, including 50% of the shares held by the Company's Chairman and Chief Executive Officer, Mr. Yonghua Lu, who will retain a 16.1% stake in the Company immediately after the completion of the transaction. The investment expands the relationship between Solarfun and Good Energies that began when Good Energies first invested in the Company in 2006. Upon completion, the investment will raise Good Energies' stake to approximately 34.7% from 6.3%. Solarfun expects Good Energies' increased ownership to enhance the Company's industry position by leveraging Good Energies' expertise, resources and track record of successful investments in the solar industry. The completion of the transaction is subject to regulatory and customary closing conditions and is expected to be completed by the first quarter of 2008.



In connection with the investment, the Company's Board of Directors will appoint an additional representative of Good Energies as well as a new independent Director to the Board. Dr. Sven Hansen, the Chief Investment Officer of Good Energies, will continue to serve on the Solarfun Board of Directors, a position he has held since August of 2006.

"This increased ownership in the Company by Good Energies, one of the world's leading renewable energy investors, enhances our relationship with the firm and advances Solarfun's position in the marketplace," said Mr. Yonghua Lu. "I am committed to the long-term success of the Company and pleased to have Good Energies as a strategic investor at this stage of our Company's growth. I look forward to working closely with the firm to build upon the success we have achieved to date and to accomplish our long-term goals."

"We view Solarfun as one of the best manufacturing platforms for PV products in Asia and we believe there are tremendous opportunities for growth," said Richard Kauffman, Chief Executive Officer of Good Energies. "We are pleased that Mr. Yonghua Lu and the largest shareholders of Solarfun have selected Good Energies to work with management to help the Company strive to reach a new level of international growth and success. The investment reflects our confidence in the long-term prospects of Solarfun and is a testament to management's achievement in turning the Company into one of the leading global manufacturers of photovoltaic cells and modules."

Mr. Kauffman added: "Good Energies' investment in Solarfun is a vote of confidence in the potential growth of the Company's brand and manufacturing capability and it further demonstrates our commitment to being one of the world's leading investors in the renewable energy and energy efficiency industry. We look forward to working with Solarfun's management team to help the Company achieve its long-term vision."

About Solarfun

Solarfun Power Holdings Co, Ltd. manufactures ingots and PV cells and modules and supplies solar system integration services in China. The Company produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors and directly to system integrators. The Company was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. www.solarfun.com.cn

About Good Energies

Good Energies is a leading global investor in the renewable energy and energy efficiency industry focusing on investments in solar energy, wind energy, green buildings and load management. Good Energies is a member of COFRA Group, a privately owned group of companies. Good Energies is looking for meaningful investments with outstanding growth potential. Good Energies is guided by the 3-P-principle (3-Ps): people-planet-profit. Being an investment firm it seeks to help drive the transition to a low carbon, clean energy economy globally, including bringing affordable renewable energy to the developing world. Good Energies operates globally with offices in London, New York, Toronto, Washington, and Zug. The current market capitalization of its portfolio is over four billion Euros (six billion US dollars). www.goodenergies.com

Safe Harbor Statement

This news release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "hopes", "plans," "believes," "estimates" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, and include matters such as the Company's business outlook for 2007, including full year 2007 estimates for net revenue, PV product shipments and PV cell production capacity. Actual results may differ materially from such estimates depending on future events and other changes in business climate and market conditions. Solarfun disclaims any obligation to update or correct any forward looking statement.

Investor and Media:
Solarfun Power Holdings Co., Ltd.
Paul Combs, [phone] / M. [phone]
V.P. Strategic Planning
[e-mail]
or
Good Energies
Dr. Alexander Rohde, [phone]
Corporate Secretary/Spokesperson
[e-mail]
or
Good Energies - U.S. Media:
The Abernathy MacGregor Group
Kenny Juarez and Nadine Slater, [phone]
[e-mail] / [e-mail]

[BarfuSs]

Nabent

RT 29,00$ + 41,00% Vol. 16,1 Mio

[B38fk17]

Solarfuns 08 KGV liegt bei ca 6 ?

[Dere]

Antwort auf Beitrag Nr.: 32.665.280 von B38fk17 am 04.12.07 21:33:20

Wie kommst du auf KGV 6 für 2008?

[spiritrob]

Antwort auf Beitrag Nr.: 32.674.873 von Dere am 05.12.07 17:50:21

steht z.b. auf yahoo

zum kursverlauf: ich hab´s ja geahnt, dass die heute noch runterkommt und ich depp hab keine gewinne mit genommen :O

[spiritrob]

Antwort auf Beitrag Nr.: 32.678.177 von spiritrob am 05.12.07 22:25:44

forward p/e 5,16
http://finance.yahoo.com/q/ks?s=SOLF

[Dere]

Antwort auf Beitrag Nr.: 32.678.197 von spiritrob am 05.12.07 22:27:57

Das glaube ich Yahoo Finance nicht.
Schau ich mir die nächsten Tage mal genauer an.

Gruß
Dere

[B38fk17]

Antwort auf Beitrag Nr.: 32.679.000 von Dere am 06.12.07 06:17:25

KGV 6 fuer 2008 - das ist wahr (natuerlich nur Analystenschaetzung). Ich denke bald ergibt sich vielleicht noch eine Einstiegsmoeglichkeit, aber bei dem KGV kann das Ding bis $100 durchmarschieren. BTW, Solarworld hat auch mal so angefangen.

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 32.679.056 von B38fk17 am 06.12.07 07:10:31

Als die Analysten ein KGV von 6 für 2008 geschätzt haben, bei welchem Kurs stand Solarfun denn da?

Ich hatte reichlich von den Aktien, habe aber leider viel zu früh verkauft Hatte zwar einen schönen Gewinn, der aber deutlich höher hätte ausfallen können

[eula]

Not Enough Room for Solarfun in China's Booming Solar Industry
posted on: December 06, 2007 | about stocks: SOLF
Print Email

I must admit that I've never been a fan of SolarFun (SOLF). Good Energies, a Switzerland-based investor specializing in investments in the wind and solar segments, takes a different view. Good Energies has entered into an agreement to buy shares from SOLF's Chairman and other current shareholders to bring its stake in SOLF to 34.7% from 6.3%, making it the company's largest shareholder. The investment expands the relationship between Solarfun and Good Energies that began when Good Energies first invested in SOLF in 2006. The market loved the news: SOLF rocketed 27% in Tuesday's regular session, the day of the announcement. On Wednesday the shares traded higher in anticipation of the U.S. Congress approving an energy bill that is expected to be a big positive for renewable energy companies.

Why SOLF rallied on the news:

1) SOLF management will be beefed up: Given their solid track record, it would be fair to say that Good Energies' expertise will boost the efficiency of SOLF's management team. Good Energies is a member of the COFRA group and one of the largest investors in the renewable energy industry. Its globally invested portfolio has a market capitalisation of over €3 billion (value as per end of 2006).

2) Access to raw materials: Good Energies have reliable resources in the solar industry, and is likely to provide SOLF better access to raw material procurement. With the polysilicon shortage choking growth in the solar industry, this could provide SOLF with a competitive advantage.

But there's something fishy going on here, and it has already been picked up by the mainstream media (including his royal highness Jim Cramer): Insider selling is the first red flag. Why would an insider, in this case the company's Chairman, sell half the shares he owns? The Chairman's holdings are now at 16.1% from a prior stake of 32.2%, but so far SOLF has refused to say how much the shares were sold for.

To decide whether the market has overreacted to the news, we should look at the bigger picture: By investing in SOLF, Good Energies is betting on the downstream solar market. Essentially they are betting that the polysilicon shortage will ease sooner rather than later. At the start of the year Good Energy sold its sold its 34.4% holdings in REC (.pdf file), the world's No. 2 polysilicon maker, at well below market price, as they tried to move away from the upstream players.

Good Energy probably thinks the polysilicon shortage will end in 2008 (this seems to be the market consensus), which will lead to increased margin pressures for the upstream players, while downstream players like SOLF are expected to maintain margins. Investors are acting as if SOLF is going to take over the world tomorrow, but it will take a few years for Good Energy's investment to improve SOLF's execution. The market seems to have forgotten about the risks faced by SOLF in the coming months, and by "risks" I mean the ongoing polysilicon supply problem.

There are about 50 polysilicon plants waiting to be constructed worldwide, and they are all competing for financing. It has now become clear that tighter lending conditions will be the dominant feature of life after the credit crunch, and tighter lending will limit access to funds needed to expand polysilicon production. I believe that the credit crisis will extend the polysilicon shortage, and downstream players like SOLF will continue to struggle in the months ahead.

Many feel that solar will ultimately be based in China for all the same reasons that cellphones and computers are made there. Too many cooks spoil the broth and, with all of these Chinese solar companies coming to the market, I can't help wondering if this is the beginning of margin compression in the solar industry. An optimist will tell you the glass is half-full. The pessimist, half-empty. But maybe the glass (in this case the overcrowded Chinese solar space) is twice the size it needs to be.




Disclosure: Author doesn't own any of the stocks discussed in this piece.
Eben Esterhuizen
About this author:

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back to yahoo finance add to my yahoo

[eula]

[B38fk17]

Antwort auf Beitrag Nr.: 32.680.893 von ChrisHamburg01 am 06.12.07 10:47:17

Fuer die Boersenneulinge: Analysten schaetzen Gewinne und keine KGVs. Bei einem Gewin pro Aktie von $4.64 ergibt sicht ein KGV von 5-6.
http://finance.yahoo.com/q/ae?s=SOLF

[Dere]

Antwort auf Beitrag Nr.: 32.686.573 von B38fk17 am 06.12.07 17:49:13

Du solltest schon genauer recherchieren wenn du hier was reinstellst.

Aus dem letzten Earningsbericht von SOLF.

Earnings per basic ADS were RMB 1.24 (US$ 0.17), in the third quarter of 2007, a 22% gain from the same quarter a year ago and 190% above 2Q 2007.

Folgende Antwort bezieht sich auf Beitrag Nr.: 32.680.893 im neuen Fenster öffnen von ChrisHamburg01 am 06.12.07 10:47:17 Fuer die Boersenneulinge: Analysten schaetzen Gewinne und keine KGVs. Bei einem Gewin pro Aktie von $4.64 ergibt sicht ein KGV von 5-6.
http://finance.yahoo.com/q/ae?s=SOLF


Ich denke du/Yahoo vertauschst hier USD mit RMB...

Somit komme ich auf ein erwartetes KGV von ca. 40 für 08.
Schon viel realistischer.

Hier von einer anderen Webseite die Schätzungen für 08 in USD.

http://caps.fool.com/Ticker/SOLF.aspx


Hier habt ihr eine Aufstellung von allen China-Solaris die in USA
gelistet sind. Unbedingt mal anschauen und vergleichen!!!

http://www.cnanalyst.com/solar/index.html

Gruß
Dere

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 32.686.573 von B38fk17 am 06.12.07 17:49:13

KGV 6 fuer 2008 - das ist wahr (natuerlich nur Analystenschaetzung).

Entschuldige, wenn ich dich zitiere. DU sprachst von einem KGV von 6, was die Analysten meinen. Und da war die Frage, von welchem Kurs sie denn ausgehen doch wohl berechtigt.

Ein Nicht-Börsenneuling

[B38fk17]

Antwort auf Beitrag Nr.: 32.687.115 von Dere am 06.12.07 18:30:48

Danke fuer den Hinweis. Die Geschaeftszahlen und Schaetzungen auf Yahoo sind in RMB, waehrend die Kurse in US$ angegeben werden, ohne dass die Waehrung kenntlich gemacht wird. Dann wird einfach dar US$ Kurs ins Verhaeltnis zur Gewinnschaetzung in RMB berechnet und als EPS dargestellt, das ist ein glatter Fehler auf der Yahoo-Seite. Vermutl;ich deswegen gibt es diesen Run bei SOLF.

[Dere]

Antwort auf Beitrag Nr.: 32.688.889 von B38fk17 am 06.12.07 20:27:01

Nun der Fehler auf Yahoo ist ärgerlich.

Trotzdem, keine Panik. Die Zahlen waren stark!!!
Ich bin zu spät auf Solf aufmerksam geworden. Aber sollte sie noch
weiter korregieren werde, ich investieren. Zu viele sitzen auf schöne
Gewinne und ich denke die Trader werden noch rausgehen während die
Longis auf Kaufkurse warten.

Sollte SOLF die nächsten Q4 Zahlen ähnlich stark rausbringen spielen
sie in eine andere Liga.

Ich sags nochmal vergleicht die Q3 von SOLF mit anderen China-Solaris...
http://www.cnanalyst.com/solar/index.html

Gruß
Dere

[Dere]

Antwort auf Beitrag Nr.: 32.692.288 von Dere am 07.12.07 06:05:27

Ach nochwas aus der Charttechnik.

Die US-Boys haben so eine verrückte Art (fast) alle Gaps wieder
schließen zu wollen.... Ware hier bei Solf natürlich extrem.



Gruß
Dere

[B38fk17]

Antwort auf Beitrag Nr.: 32.692.288 von Dere am 07.12.07 06:05:27

Auf dem Yahoo-Board toben sich die Pusher aus und benutzen wissentlich falsche Zahlen.
Ich warte auf eine Beruhigung und guenstigen Einstiegspunkt.

[mfierke]

wo wir nicht kaufen können, geht sie heute durch die Decke

[spiritrob]

Antwort auf Beitrag Nr.: 32.860.741 von mfierke am 24.12.07 16:13:22

echt?
super, da wird weihnachten noch schöner.
danke!

[mfierke]

Antwort auf Beitrag Nr.: 32.860.819 von spiritrob am 24.12.07 16:42:21

wenn man dabei ist, heute schon wieder 12 % im Plus

[spiritrob]

Antwort auf Beitrag Nr.: 32.871.647 von mfierke am 26.12.07 15:45:15

also das wird mir schön langsam unheimlich.
aber was solls, solarfun macht ihrem namen alle ehre
und ich denke, so schnell gebe ich die nicht mehr aus der hand

[borntofly]

Antwort auf Beitrag Nr.: 32.871.924 von spiritrob am 26.12.07 16:05:40

Liebe InvestorInnen, das ist ein erzwungenes Ergebnis des Marktes. Und das war nur der Anfang!
Allen Investierten herzlichen Glückwunsch!
Borntofly

[spiritrob]

Antwort auf Beitrag Nr.: 32.872.505 von borntofly am 26.12.07 16:47:12

definiere "erzwungenes Ergebnis des Marktes"

[ollihat]

"erzwungen" wäre z.B., wenn die Shortseller eindecken, um größere Verluste zu vermeiden.

Im Falle SOLF ist es aber vielmehr so, daß die chinesische Regierung in ihren Energieplan geäußert hat, daß sie der erneuerbaren Energie Top Priorität einräumen will.
Das hat alle chinesischen Solarwerte beschleunigt!

Die Käufe zu höheren Preisen erfolgen deshalb wohl eher in der Erwartung noch weiter steigender Kurse.

[Bachalor]

denn ganzen tag stoppt es bei dem brocken bei 36.59


http://datasvr.tradearca.com/arcadataserver/JArcaBook.php?Sy…


mal sehen am ende

[robby.r]

Zweitgrößter Energieproduzent
China will saubere Energie fördern, ist aber auf Kohle angewiesen

26.12.2007, DerWesten

Peking. China will laut einem Regierungsdokument saubere Energien fördern, bleibt aber auf Kohle als wichtigstem Energielieferanten angewiesen. Peking gebe der Entwicklung von erneuerbaren Energien «erste Priorität»-

So hieß es in dem am Mittwoch in Peking vom Staatsrat herausgegebenen ersten Weißbuch zum Thema Energie. Kohle, aus der 70 Prozent der chinesischen Energie stammt, werde aber «für lange Zeit» weiter die wichtigste Rolle spielen. China sei heute bereits der weltweit zweitgrößte Produzent und Verbraucher von Energie. Das Land lege deshalb Wert auf Umweltschutz und die Vermeidung der globalen Klimaerwärmung, hieß es. Peking werde bis 2010 «sichtbare Ergebnisse» zur Reduktion von Treibhausgasen vorweisen, heißt es in dem Papier, in dem aber keine bindenden Ziele genannt werden. Das Land setze zunehmend auf Wasser-, Solar- und Windenergie sowie Atomenergie und Erdgas. Der Anteil erneuerbarer Energien soll bis 2010 zehn Prozent des Gesamtkonsums erreichen.

«China ist ein Land mit einer großen Bevölkerung aber unzureichenden Ressourcen. Um eine nachhaltige wirtschaftliche und soziale Entwicklung zu erreichen, muss es einen Weg der Ressourcenschonung gehen», hieß es. Probleme resultierten aus der niedrigen Effizienz, der starken Abhängigkeit vom Rohstoff Kohle und dem zunehmenden Verkehr in China. Peking betonte aber das Recht jedes Landes, seine Ressourcen «vernünftig» zu nutzen.

In dem Papier spricht sich Peking deshalb für eine friedliche Lösung von Energiekonflikten durch Dialog und internationale Kooperation aus. China habe niemals eine Bedrohung für die internationale Energiesicherheit dargestellt und werde auch in Zukunft keine Bedrohung darstellen. Energiefragen sollten nicht «politisiert» und der Einsatz militärischer Gewalt vermieden werden. Die Stabilität in den Ölförderländern vor allem im Nahen Osten solle bewahrt werden. (dpa)

[Howto45]

Antwort auf Beitrag Nr.: 32.876.170 von Bachalor am 26.12.07 21:28:39

@Bachalor:
"denn ganzen tag stoppt es bei dem brocken bei 36.59" ???
Was war den von 15:30 Uhr bis ca. 17:00 Uhr ???

Der Aufwärtstrend ist doch wohl schon steil genug, da darf es wohl auch mal eine kleine Konso um 36,-$ sein.

[borntofly]

Antwort auf Beitrag Nr.: 32.876.092 von ollihat am 26.12.07 21:19:15

Sie haben den Nagel auf den Kopf getroffen. Diese Anlage ist das Chinesische Pendant zur Solarword, verusacht durch geförderte Nachfrage! Ich denke wir werden noch viel Freude haben.
Borntofly

[spiritrob]

Antwort auf Beitrag Nr.: 32.876.403 von borntofly am 26.12.07 21:59:50

solarworld???
naja, immerhin haben wir hier schon 1,7 milliarden dollar kapitalisierung

[spoon79]

Antwort auf Beitrag Nr.: 32.876.433 von spiritrob am 26.12.07 22:07:27

SOLF $ 35.96
Solarfun Power Holdings Co. Ltd. 2.81
Shares Short 3,264,000
Days to Cover (Short Ratio) 0.4
Short % of Float 9.90 %
Shares Short - Prior 2,009,800
Short % Increase / Decrease 62.40 %
Squeeze RankingTM 8
% from 52-Wk HIGH ( 37.85 ) -5.26 %
% from 52-Wk LOW ( 8.22 ) 77.14 %
% from 200-Day MA ( 11.90 ) 66.91 %
% from 50-Day MA ( 13.54 )
62.35 %
Price % Change (52-Wk) 196.20 %
Trading Volume - Today 10,642,068
Trading Volume - Average 9,037,800
Trading Volume Vs. Avg. 117.75 %
Total Shares - Float 32,980,000
Total Shares - Outstanding 47,998,951
% Held by Insiders 6.26 %
% Held by Institutions 2.70 %
Market Cap 1,726,042,278
EPS 0.35
PE Ratio 94.70
Sector: Technology
Industry: Semiconductor - Specialized
SI Record Date 2007-DecB


Information Provided Without Warranty

[spiritrob]

Antwort auf Beitrag Nr.: 32.877.437 von spoon79 am 27.12.07 10:07:01

danke spoon,
willst du mir etwas bestimmtes mitteilen?

[amorphis]

auf einmal sind hier alle so glücklich...und im sommer wurde man hier noch beschimpft...nur weil man bei unter 10 auf kaufen gestellt hatte. wo ist eigentlich der user istanbulman?



junge...du wärst heute reich...hättest du einfach nur gehalten was man dir zum halten gab. so gönne ich dir...das du in die röhre guckst.

nimm's leicht...

[spoon79]

Antwort auf Beitrag Nr.: 32.877.451 von spiritrob am 27.12.07 10:09:22

Nein, habe dich nur genommen, weil dein Posting ganz oben war.
Was denkst du, gehts nochmal richtig runter?

[istanbulman]

amorphis

mach dir um mich keine sorgen mir gehts sehr gut !!!!
habe viel gelernt dieses jahr hab gelernt hör nie auf andere von 10 aktien die du empholen hast gingen 7 den bach runter

aber ehrlich gesagt habe ich dir auch sehr viel zu verdanken bin froh das es dich gibt sigm sei dank ach noch eine aktie habe ich ja im depot das war doch die wo du für viel zu teuer gehalten hast fslr stimmts die hatte ich dir anfang des jahres empfohlen aber du weißt ja alles besser

aber trotz allem wünsche ich dir einen guten rutsch ins neue jahr bleib gesund und weiter hin viel erfolg!!

[amorphis]

Antwort auf Beitrag Nr.: 32.892.745 von istanbulman am 28.12.07 23:45:39

soso...es gingen also welche den bach runter. nö. nicht viele. some. ich weiß noch wie die mails liefen... du hast also sigm?

[istanbulman]

ja klar ich habe sigm ist meine mit abstand größte position im depot und das habe ich definitiv dir zu verdanken ich sag ja ich habe dieses jahr sehr viel gelernt dank dir ( was für mich und meine zukunft mit aktien zu handeln extrem wichtig war) das meine ich jetzt im positiven sinn

[mfierke]

keiner hier?? freut sich über den anstieg???

[spiritrob]

Antwort auf Beitrag Nr.: 32.923.353 von mfierke am 03.01.08 11:07:05

mfierke,
natürlich bin ich hier
und freu mich auch -
aber nicht ganz so stark
als bei sunways

[MagicWeasel]

Solarfun Signs $230 Million Wafer Supply Contract
(Business Wire 01.03 11:00:04)

Business Editors / Energy Editors / High-Tech Editors

SHANGHAI, China--(BUSINESS WIRE)----
Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF), an established
manufacturer of photovoltaic (PV) cells, modules and ingots in China,
today announced the signing of three contracts for sale and delivery
of wafers totaling $230 million over a seven-year period with a major
Korean conglomerate.

According to the agreements Solarfun will receive a predetermined
amount of wafers beginning in January 2008 with volumes reaching over
30 MW per year in 2011. The prices will be fixed with a declining
price structure throughout the term of the contract. Additionally, the
Korean firm will hold options to purchase back a certain percentage of
the wafers as modules beginning in 2009.

"We are pleased to develop a long term partnership with a proven
player and look forward to growing our relationship with them in many
areas," said Solarfun's Chairman Lu Yonghua. "This contract will be a
key factor towards fulfilling our immediate expansion goals of 360 MW
in production capacity by mid-2008 and allows us to explore OEM as a
possible addition to our business model."

About Solarfun Power Holdings Co, Ltd.

Solarfun Power Holdings Co, Ltd. manufactures ingots and PV cells
and modules and supplies solar system integration services in China.
The Company produces both monocrystalline and multicrystalline silicon
cells and modules, and manufactures 100% of its modules with in-house
produced PV cells. Solarfun sells its products both through
third-party distributors and directly to system integrators. The
Company was founded in 2004 and its products have been certified to
TUV and UL safety and quality standards. SOLF-G

http://www.solarfun.com.cn

Safe Harbor Statement

This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Such statements
involve certain risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking
statements. Solarfun does not undertake any obligation to update any
forward-looking statement, except as required under applicable law.



KEYWORD: ASIA PACIFIC CHINA
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY TECHNOLOGY CONTRACT/AGREEMENT
SOURCE: Solarfun Power Holdings Co., Ltd.


CONTACT INFORMATION:
Solarfun Power Holdings Co., Ltd.
Investor Relations
Tel: [phone]
[e-mail]
or
Christensen
Peter Homstad, [phone]
[e-mail]


S.BW SOLF ENERG.BW ALTEN.BW TECHN.BW CONTR.BW

[mfierke]

Antwort auf Beitrag Nr.: 32.923.393 von spiritrob am 03.01.08 11:11:23

denke, oder vermute, das hier die Freude heute größer wird wie bei SWW

[mfierke]

hier ein bisschen Deutsch

Solarfun Zeichen $ 230 Millionen Wafer-Liefervertrag
(Business Wire 01/03 11:00:04)

Business Editors / Energy Editors / High-Tech-Editoren

SHANGHAI, China - (BUSINESS WIRE )----
Solarfun Power Holdings Co., Ltd (NASDAQ: SOLF), ein etabliertes
Hersteller von Photovoltaik-(PV-) Zellen, Module und Barren in China,
Gab heute die Unterzeichnung der drei Verträge für die Verkaufs-und Lieferbedingungen
Von Wafern in Höhe von $ 230 Millionen über einen Zeitraum von sieben Jahren mit einer großen
Koreanisch Konglomerat.

Nach den Vereinbarungen Solarfun erhalten eine vorgegebene
Betrag von Wafern ab Januar 2008 mit einem Volumen erreichen über
30 MW pro Jahr in 2011. Die Preise werden mit einer rückläufigen
Preis Bauwerks während der gesamten Laufzeit des Vertrages. Außerdem sind die
Koreanisch festen Willen halten Optionen zum Kauf zurück, einen bestimmten Prozentsatz an
Der Wafer als Module ab 2009.

"Wir freuen uns, die Entwicklung einer langfristigen Partnerschaft mit einem bewährten
Spieler und freuen uns darauf, unsere Beziehung zu wachsen und mit ihnen viele
Gebiete ", sagte der Vorstandsvorsitzende Solarfun Lu Yonghua." Dieser Vertrag wird ein
Schlüsselfaktor für die Erfüllung unserer Ziele unverzüglichen Ausbau von 360 MW
Der Produktionskapazität von Mitte-2008 und ermöglicht es uns, als OEM erkunden
Möglich, zusätzlich zu unserem Geschäftsmodell. "

Über Solarfun Power Holdings Co., Ltd

Solarfun Power Holdings Co., Ltd produziert Barren und PV-Zellen
Hilfs-und Betriebsstoffe und Module Solar-System-Integration Services in China.
Das Unternehmen produziert sowohl monokristallinen und multikristallinen Silizium -
Zellen und Module, produziert und 100% der Module mit In-house -
PV-Zellen produziert. Solarfun vertreibt seine Produkte sowohl durch
Drittanbietern direkt an Distributoren und System-Integratoren. Die
Gegründet wurde das Unternehmen im Jahre 2004 und seine Produkte sind zertifiziert
TÜV-und UL-Sicherheits-und Qualitätsstandards. SOLF-G

Http://www.solarfun.com.cn

[borntofly]

...und das war nicht der einzige Auftrag in der pipeline!

Alles Liebe Borntofly

[meinolf67]

For some reason I’ve had a mental block on buying any solar stocks when they have posted huge gains. Well, let's just say I’ve been stupid, but mental block sounds a little better for my own self-esteem.

At this point, Solarfun Power Holdings (SOLF) definitely looks the best to me for having more room to run than some of the other big solar names out there on a valuation and forward growth basis. Lets take a look at some of the other forward P/Es.

* First Solar (FSLR) - 134x
* SunTech Power (STP) - 41x
* JA Solar (JASO) - 36x
* Trina Solar (TSL) - 19.44x
* ** SOLF - 5x **

So as you can see, SOLF is by far the most attractive of any of the other solar stocks that have been hot on the prowl lately on a forward earnings basis. Other active solar stocks such as Ascent Solar Technologies (ASTI), China Sunergy (CSUN) and Akeena Solar (AKNS) are all projected to be unprofitable in the upcoming year though they are moving towards profitability, so all are likely to move north along with the industry in general, which is growing 30-40% annually.

Here are analyst price targets from Yahoo Finance:

PRICE TARGET SUMMARY

* Mean Target: 59.09
* Median Target: 59.09
* High Target: 103.17
* Low Target: 15.00
* No. of Brokers: 2

The average estimate for 2008 projects SOLF to report a staggering 6.88 eps on revenues of $4.33 billion. The industry average for the semiconductors P/E ratio is currently trading at 26x earnings. For SOLF to be fairly valued among its peers, we could theoretically say SOLF should be trading around $178.88/share (found by multiplying the industry's PE by the 6.88 forward earnings estimates). Who knows? Given some time we might see it trade that high. But as a short term trader this upward valuation appears to gives us a prime opportunity to capitalize on short term momentous gains.

Technically I was hoping to have a chance to buy some shares on more of a pullback to the 13ema, but the momentum in solar and the under valuation of SOLF has robbed me of that opportunity as of yet. Yesterday, SOLF broke out of its short term pennant continuation pattern suggesting a further move to the upside and continuation of this bullish trend.

When comparing SOLF to its peers it looks like it's the cheapest and smartest route to take if you're going diversify your portfolio within the solar stock industry. I took an opportunity on yesterday's technical breakout to purchase some shares at 34.25.

[meinolf67]

Solarfun Announces New CEO


SHANGHAI, China, Jan 03, 2008 (BUSINESS WIRE) -- Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF), an established manufacturer of photovoltaic (PV) cells, modules and ingots in China, today announced the appointment of Henricus Johannes Petrus "Harold" Hoskens as Chief Executive Officer. His tenure will commence on February 25, 2008 for an initial term of three years. Mr. Hoskens joins Solarfun from TPO Displays Corporation, Chunan Taiwan, where he recently served as Deputy CEO. Lu Yonghua, Chairman of Solarfun commented, "We are very fortunate to have attracted Harold to the Solarfun team. The growth and changing dynamics of the solar industry require leadership and expertise in operating and international experience. Harold has a proven track record in manufacturing, supply chain management, technology and customer relations. He is a well-rounded executive who can lead Solarfun to become a leading competitor in the burgeoning solar industry."

Mr. Lu will continue to serve as Chairman and remain actively involved in our business focusing on various areas of strategic importance to Solarfun.

Mr. Hoskens began his career with Royal Philips in 1988 following the receipt of his Master's Degree in Industrial Engineering & Management Science from Eindhoven University of Technology. In his first period at Philips he focused on Supply Chain and Supply Base execution and improvement for different business entities.

In 1997, Mr. Hoskens moved to the Royal Philips' Mobile Display Systems (MDS) division in Hong Kong, serving as its CEO beginning in September 2003. MDS was a leading global player in the mobile LCD markets with extensive operations throughout Asia, as well as South America and Europe. At MDS, Mr. Hoskens helped to introduce new product concepts with leading customers in the cellular and automotive industries.

Mr. Hoskens led MDS into a merger with Toppoly from Taiwan, creating TPO Displays Corporation. TPO Displays focuses on the leading technologies for mobile displays (LTPS-TFT and AMOLED). In the integration process after the merger, he served in Taiwan as Deputy CEO with a focus on customers, technology and marketing for the newly established company. TPO Displays is currently privately held.

Mr. Hoskens noted that, "Solarfun is poised for continued growth. Its manufacturing scale, strong customer base, especially in Europe, and its efficient and low-cost manufacturing advantages from being located in China are all factors that attracted me to this organization. The solar industry is growing and dynamic. Companies that capture a leadership position over time will have low-cost manufacturing, high quality products, strong technology and strong brand recognition. I believe my experience and track record at Royal Philips and TPO fit well with these demands and I look forward to contributing to Solarfun's continued success."

About Solarfun

[spoon79]

Antwort auf Beitrag Nr.: 32.930.942 von meinolf67 am 03.01.08 19:30:40

Danke Meinolf! Deine Beiträge sind immer sehr konstruktiv!

[spoon79]

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks…
Zwar sind die Beiträge auf yahoo.com nicht gerade konstruktiv, aber dieser hier ist trotzdem interessant. Offentsichtlich wurde auf CNBC den ganzen Tag eine falsche Meldung über SOLF rausgegeben.

[borntofly]

Antwort auf Beitrag Nr.: 32.935.351 von spoon79 am 04.01.08 08:19:49

@ das würde einiges über den gestrigen Kursverlauf erklären.
Ich danke Ihnen für die Info!
Lg Borntofly

[jackili]

Antwort auf Beitrag Nr.: 32.936.681 von borntofly am 04.01.08 11:00:49

Schon eigenartig, wie wenig User hier schreiben? Bin gerade mal die Tickliste durchgegangen: 16.22 Uhr werden 100 Stück verkauft und der Kurs sackt von 26,40 auf 21,15 = - 19,87 %. Ist doch nicht normal. Ist der Kurs den an USA gekoppelt? Das riecht nach Manipulation

[borntofly]

Antwort auf Beitrag Nr.: 32.974.687 von jackili am 08.01.08 01:04:47

 jackili
Ja das wird es wohl sein! Hab gehört dass der osteuropäische Geheimdienst versucht hier den Kurs zu drücken. Könnte auch sein, dass einer der immer häufig werdenden Reptuiden hier ein böses Spiel treibt.
Für mich ist es jedoch wahrscheinlicher, dass hier, wie immer zu Jahresbeginn, enorme Gewinnmitnahmen getätigt werden.
Borntofly

[spoon79]

Solarfun Announces Update on Sales and Polysilicon Supply

SHANGHAI, China, Jan 11, 2008 (BUSINESS WIRE) -- Solarfun Power Holdings Co. , Ltd. (NASDAQ: SOLF), an established manufacturer of photovoltaic (PV) cells, modules and ingots in China, today announced an update on polysilicon supply procurement and sales developments.

The Company recently signed a 140 MW long-term wafer contract with WACKER SCHOTT Solar GmbH through Solarfun's subsidiary, Solarfun Power Hong Kong Ltd. Deliveries will begin in 2008.

Chairman Lu added, "This new supply agreement, with deliveries beginning in 2008, continues our strategy to diversify and strengthen our non-domestic long-term supply needs with high-quality dependable suppliers."

Solarfun also announced a reduction in expectations for polysilicon supply from Jiangsu Zhongneng PV Technology Development Co., Ltd., or Zhongneng, to its 52% subsidiary, Jiangsu Yangguang Solar Technology Co. Ltd. , or Yangguang Solar.

Yangguang Solar is a producer of monocrystalline ingots that was originally wholly controlled by Zhongneng. On June 6, 2007, Yangguang Solar was acquired by Nanjing Linyang Electric Investment Co., Ltd. and Lianyungang Suyuan Group Co., Ltd. A 52% interest in Yangguang Solar was subsequently transferred to the Company by Nanjing Linyang Electric Investment. In the June 6, 2007 share transfer agreement, Zhongneng agreed that it would deliver polysilicon to Yangguang Solar in the amount of 50 tons in 2007, 700 tons in 2008 and 1,200 tons in 2009. However, the actual delivered quantity was 27 tons in 2007, and based upon this decreased delivery volume in 2007, it is expected that the amounts to be delivered in 2008 and 2009 may be significantly less. Yangguang Solar is currently receiving polysilicon from Zhongneng based on purchase orders negotiated on a month-to-month basis. In light of this unfavorable situation, Nanjing Linyang Electric Investment, which is controlled by the Company's Chairman, Yonghua Lu, and continues to own an 18% interest in Yangguang Solar, intends to negotiate for the originally committed polysilicon supply amount pursuant to the agreement. Moreover, Yangguang Solar has been aggressively pursuing polysilicon from other sources, including purchasing from the spot market.

Chairman Lu commented, "We are obviously disappointed in Zhongneng's lack of commitment. However, we understood the risk given that they only started production in late September 2007, and we have worked hard to diversify our supplier base internationally and therefore reduce our risk over time. Examples of this are our recently announced agreement with Hoku Scientific in the United States and our new wafer agreements just announced with a large Korean supplier and WACKER SCHOTT Solar. Zhongneng's shortfall in delivery during 2007 did not impact our ability to meet customer orders in the fourth quarter of 2007 and we believe we will be able to meet previously disclosed shipment targets."

In addition, Solarfun signed a new contract with EDF Energies Nouvelles, a leading company in the green electricity generation market with activities in nine European countries and the United States. The contract includes a firm order for 17 MW of monocrystalline modules and an option for the sale of an additional 5 MW. This order was jointly placed with Photon Power Technologies, EDF Energies Nouvelles' solar energy partner in France.

Chairman Lu commented, "This new contract with EDF EN adds increased visibility to our 2008 shipments. We are also quite pleased to add a meaningful new relationship with a world-class player in the renewable energy market."

About Solarfun

Solarfun Power Holdings Co, Ltd. manufactures ingots and PV cells and modules and supplies solar system integration services in China. The Company produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors and directly to system integrators. The Company was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. SOLF-G

http://www.solarfun.com.cn

Safe Harbor Statement

This announcement contains forward-looking statements, such as the Company's polysilicon supply expectations for 2008 and 2009. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Solarfun does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

SOURCE: Solarfun Power Holdings Co. , Ltd.

[eula]

[Dere]

Schön langsam erreichen wir wieder gute Kaufkurse, auf sicht von
12 Monaten. Hoffentlich werden meine Abstauber-Kaufkurse diesmal
erreicht...



Gruß
Dere

[BarfuSs]

China: Solarfun sichert sich lukrative Langfrist-Verträge

Peking 14.1.08 (www.emfis.com) Der chinesische Photovoltaik-Zellen-Hersteller Solarfun Power Holdings konnte einen Langfrist-Vertrag mit zwei europäischen Firmen abschließen.

Zum einen mit der deutschen Wacker Schott Solar GmbH. Die zu liefernden Zellen sollen eine Gesamtleistung von 140 Megawatt haben. Den Vertragsbedingungen zu Folge soll die Lieferung der Module bereits dieses Jahr beginnen.

Die französische EDF Energies Nouvelles nimmt Solarfun Module in einer Größenordnung von 17 Megawatt, über einen längeren Zeitraum, ab. Außerdem halten sich die Franzosen eine Kaufoption über zusätzliche Module mit einer Stärke von insgesamt 5 Megawatt, zum gleichen Stück-Preis, vertraglich offen.
.
.
.
GruSs BarfuSs

[meinolf67]

24.01.2008 15:37
Solarfun Prices US$150 Million Convertible Senior Notes and Determines Number of American Depositary Shares to Be Lent under Share Lending Arrangement

Solarfun Power Holdings Co., (News) Ltd. (“Solarfun“; NASDAQ: SOLF), an established manufacturer of photovoltaic (PV) cells, modules and ingots in China, today announced the pricing of US$150 million of 3.50% Convertible Senior Notes due 2018 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act“). The initial purchasers have a 30-day option to purchase up to an additional US$22.5 million aggregate principal amount of the notes to cover over-allotments, if any.

The notes will pay cash interest semiannually at a rate of 3.50% per year, payable on January 15 and July 15 each year, commencing on July 15, 2008. The notes, in certain circumstances, will be convertible into ADSs representing Solarfun's ordinary shares (except for any cash in lieu of fractional ADSs). The initial conversion rate, subject to adjustment, is 52.2876 ADSs per US$1,000 principal amount of notes (which represents an initial conversion price of approximately US$19.125 per ADS). The sale of the notes is expected to close on January 29, 2008.

The convertible senior notes and Solarfun's ordinary shares represented by the ADSs, if any, issuable upon conversion of the notes have not been registered under the Securities Act or the securities laws of any other jurisdiction. Solarfun will file a shelf registration statement for resale of the notes and Solarfun's ordinary shares represented by the ADSs, if any, issuable upon conversion of the notes and use its commercially reasonable efforts to cause such registration statement to become effective under the Securities Act by the 210th day after the notes are issued. Unless they are registered, these notes may be offered or sold only in transactions that are exempt from registration under the Securities Act and the securities laws of any other jurisdiction.

Solarfun currently expects to use the net proceeds from the note offering for the following purposes: approximately US$60.0 million for wafer and polysilicon pre-payments, US$60.0 million for capital expenditures, US$19.0 million to repay loans from Hong Kong Huaerli Trading Company Limited, a company controlled by Mr. Yonghua Lu, Solarfun's founder, chairman and chief executive officer, to Solarfun Power Hong Kong Limited, Solarfun's 100% indirect subsidiary and the remainder for working capital and repayment of Solarfun's existing bank borrowings.

Morgan Stanley&Co. Incorporated is acting as the sole bookrunning manager for the note offering.

Concurrently with this offering of notes, Solarfun is offering, in a separate offering that is registered with the Securities and Exchange Commission, up to 7,843,140 ADSs (or up to 9,019,611 ADSs if the underwriter in such offering exercises its over-allotment option in full), all of which will be effectively lent to an affiliate of Morgan Stanley&Co. Incorporated. This affiliate will sell the ADSs and will use the resulting short position to enable investors in the note offerings to hedge their investment. Solarfun will not receive any proceeds from the ADS offering. Delivery of the ADSs sold in the ADS offering is conditioned upon closing of the sale of the notes. Solarfun does not believe that the ADS offering will increase the number of ordinary shares considered outstanding for the purpose of calculating its basic or diluted earnings per share under U.S. GAAP.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers of the notes will be made only by means of a private offering memorandum.

[blacky bergfuchser]

Na toll, hatte heute ein Abstauberlimit bei knapp über 11 Euro drin. Bin voll bedient.

SOLF fielen gestern schon. Da wussten einige mehr

[Saleen]

Antwort auf Beitrag Nr.: 33.158.805 von blacky bergfuchser am 24.01.08 17:24:26

Also ich bin heut drüben mal rein zu 14,70$, denke
das wir schnell grün sehen werden

[playerbig]

Antwort auf Beitrag Nr.: 33.158.841 von Saleen am 24.01.08 17:27:12

hallöchen
kannst du mir bitte mal erklären was die meldung zu bedeuten hat und warum der kurs heute so fällt ?
danke schonmal im vorraus

[blacky bergfuchser]

Antwort auf Beitrag Nr.: 33.158.841 von Saleen am 24.01.08 17:27:12

Wie kaufst du denn?
Bin bei der Citibank. Da gehts nur bei deutschen Börsenplätzen.

[playerbig]

Antwort auf Beitrag Nr.: 33.158.979 von blacky bergfuchser am 24.01.08 17:36:30

weißt du warum der kurs heute so runter iss ?

[Saleen]

Antwort auf Beitrag Nr.: 33.158.900 von playerbig am 24.01.08 17:31:08

Is für mich weniger interessant, bin nur zum Zocken hier...

aber für dich hab ich hier mal n halbwegs akzeptablen text
auf Deutsch...

24.01.2008 15:37
Solarfun Preise US $ 150 Millionen Senior Convertible Notes und bestimmt Anzahl von American Depositary Shares an der Fastenzeit werden unter Aktie Kreditvergabe Arrangement

Solarfun Power Holdings Co., Ltd (Nachrichten) ( "Solarfun"; NASDAQ: SOLF), ein etablierter Hersteller von Photovoltaik-(PV-) Zellen, Module und Barren in China, gab heute bekannt, die zu Preisen von US $ 150 Mio. von 3,50% Senior Convertible Notes due 2018 in einem privaten Angebot an qualifizierte institutionelle Käufer gemäß Rule 144A unter dem Securities Act von 1933, in der geänderten Fassung (der "Securities Act"). Die ersten Käufer haben ein 30-Tage-Option zum Kauf von bis zu einem zusätzlichen US $ 22,5 Mio. Gesamtwert der Noten Betrag zur Deckung der über-Parzellen, wenn überhaupt.

Die Noten werden mit Bargeld bezahlen Interesse halbjährlich zu einem Satz von 3,50% pro Jahr, zahlbar am 15. Januar und 15. Juli eines jeden Jahres, beginnend am 15. Juli 2008. Die Noten in bestimmten Fällen werden umwandelbar in Solarfun's ADSs, die Stammaktien (mit Ausnahme von Bargeld statt gebrochener ADSs). Die ersten Umrechnungskurs, der Anpassung, ist 52,2876 US-Dollar pro ADS Höhe von 1000 stellt fest, (dies entspricht einer anfänglichen Wandlungspreis von ungefähr US $ 19,125 pro ADS). Der Verkauf der Noten wird voraussichtlich enger am 29. Januar 2008.

Die Convertible Senior Notes und Solarfun's Stammaktien vertreten durch die ADSs, wenn überhaupt, ausgabefähig auf Umwandlung der Noten wurden nicht gemäß dem Securities Act registriert oder die Gesetze der Wertpapiere irgendeiner anderen Rechtsordnung. Solarfun Datei wird ein Regal Registrierung Erklärung für den Wiederverkauf von den Noten und Solarfun's Stammaktien vertreten durch die ADSs, wenn überhaupt, ausgabefähig auf Umwandlung der Noten und die Verwendung seiner wirtschaftlich vertretbare Maßnahmen, um einen solchen Registrierung Anweisung, um wirksam zu werden gemäß dem Securities Act von der 210. Tag nach den Noten ausgegeben werden. Es sei denn, sie sind registriert, diese Notizen Mai angeboten oder verkauft werden, dass nur bei Transaktionen von der Registrierungspflicht ausgenommen sind gemäß dem Securities Act und die Gesetze der Wertpapiere einer anderen Gerichtsbarkeit.

Solarfun derzeit erwartet, die Verwendung der Netto-Erlöse aus dem Vermerk Angebot für die folgenden Zwecke: ca. US $ 60,0 Millionen für Polysilicium Waffel-und Vorauszahlungen, US $ 60,0 Mio. EUR für Investitionen in Sachanlagen, US $ 19,0 Millionen zur Rückzahlung von Darlehen Hong Kong Huaerli Trading Company Limited, Ein Unternehmen von Herrn Yonghua Lu, Solarfun Gründer, Chairman und Chief Executive Officer, Solarfun Power Hong Kong Limited, Solarfun's indirekte 100%-Tochter und der Rest für das Working Capital und die Erstattung von Solarfun bestehenden Bankverbindlichkeiten.

Morgan Stanley & Co. Aufgenommen wird, die als einzige bookrunning Manager für die Notiz bietet.

Gleichzeitig mit diesem Angebot an Noten, Solarfun bietet, in einem separaten bieten, die bei der Securities and Exchange Commission, bis zu 7843140 ADS (oder bis zu 9019611 ADS, wenn der Versicherer in einem solchen Übungen bietet über ihre Zuteilung-Option in vollem Umfang) , Die alle ausgeliehen werden, um effektiv eine Tochtergesellschaft von Morgan Stanley & Co. Incorporated. Dieses Partnerprogramm wird verkaufen ADSs werden, und nutzen die sich daraus ergebenden Short-Position, damit Investoren in die Notiz-Angebote zur Absicherung ihrer Investitionen. Solarfun erhalten keine Erlöse aus dem ADS bieten. Die Auslieferung der ADSs verkauft in der ADS-Angebot setzt voraus, dass der Abschluss des Verkaufs der Noten. Solarfun glaubt nicht, dass die ADS-Angebot wird die Zahl der ausstehenden Stammaktien als für die Zwecke der Berechnung der Grundausstattung oder verwässerten Ergebnisses je Aktie nach US-GAAP.

Diese Pressemitteilung stellt weder ein Angebot zum Verkauf oder die Werbung von Angeboten zum Kauf eines Wertpapiers und gilt nicht als Angebot, Aufforderung oder der Verkauf in einer Gerichtsbarkeit, in denen ein solches Angebot, Aufforderung oder der Verkauf rechtswidrig wäre. Alle Angebote der Noten wird nur durch eine private Offering Memorandum.

[Saleen]

Antwort auf Beitrag Nr.: 33.158.979 von blacky bergfuchser am 24.01.08 17:36:30

Entweder ActiveTrader von CortalConsors oder
Penson Financial Services Inc., Partner von Cort.Cons.(CC)

Ich könnte mir aber gut vorstellen, das du auch übern
Teich bei Citybank Traden kannst, gegen entspr. Aufgeld

[mfierke]

hat die einen Sprung drüben gemacht

[Saleen]

Antwort auf Beitrag Nr.: 33.164.172 von mfierke am 25.01.08 08:14:04

ARCA 17,10 2000 8:06:51 / ARCA 17,19 550 8:05:01 BID/ASK

[Saleen]

[Saleen]

Chartechnischer sowie Volume-techn.-Break-Out,
Bullish diese Woche?!!? Erstes Ziel >20$

[Guerilla Investor]

Kein Handel heute ...?

[nugget80]

Da bildet sich ein schöner Boden aus demnächst wird es hier ganz schön nach oben gehen ist man von solchen solars ja gewohnt man sehe den letzten Ausbruch.
Ich hab noch Zeit und bin auf die nächsten Tage gespannt.

Nugget

[Snare]

Antwort auf Beitrag Nr.: 33.350.747 von nugget80 am 13.02.08 09:15:26

Pre-Market
Last: $ 17.53

[Dere]

Antwort auf Beitrag Nr.: 33.028.838 von Dere am 12.01.08 13:31:13

Info warum SOLF so stark zurückgekommen ist....

Solarfun kämpft mit finanziellen Engpässen


04.02.2008: Nachdem die chinesische Solarfun Power Holdings Co. Ltd. – ein Hersteller von Ingots, Zellen und Modulen – das vorige Jahr mit einem glänzenden Aktienkurs beschloss, verloren die Papiere des Unterneh-mens im Januar rund 50 Prozent an Wert.

Das ist ein größerer Verlust als bei jedem anderen chinesischen Photovoltaikproduzenten. In die Höhe war das Wertpapier geschnellt, nachdem das Unternehmen Ende November einen 306 Millionen Dollar (208 Millionen Euro) schweren Deal mit dem hawaiischen Technologieanbieter Hoku Scientific Inc. über die Lieferung von Polysilizium vereinbart hatte. Hoku wird über einen Zeitraum von acht Jahren ab Mitte 2009 Polysilizium in einer unbekannten Größenordnung liefern. Die Firma ist noch dabei, eine Fabrik mit einer Jahreskapazität von 2.500 Tonnen im US-Staat Idaho zu errichten. Drei Tage nach Bekanntwerden dieses Abkommens legte Solarfun zudem die Zahlen vom dritten Quartal 2007 vor: Die Firma konnte einen Gewinnzuwachs von 63 Prozent auf 70,3 Millionen Euro vorweisen. Ihre Aktien kletterten in der Folge von etwa 14 Dollar (9,50 Euro) auf 40 Dollar (27,20 Euro) zum Jahreswechsel. Dann aber entwickelten sie sich wieder in die entgegengesetzte Richtung: Bei 16,50 Dollar (11,20 Euro) lag der Kurs bei Redaktionsschluss dieser Ausgabe. Neben der Börsenkrise dürften auch Finanzprobleme zum Abrutschen beigetragen haben. Die am 10. Januar fällige Anzahlung an Hoku in Höhe von 45 Millionen Dollar (30,6 Millionen Euro) konnte das Unternehmen nicht begleichen. Die Frist wurde daher auf den 15. Februar verschoben. Bereits mit Abschluss des Vertrages mit Hoku hatte Solarfun angekündigt, Wandelanleihen mit 3,5 Prozent Zinsen und einem Gesamtwert von 150 Millionen Dollar (102 Millionen Euro) an der New Yorker Nasdaq zu emittieren, um die Anzahlungen für Polysilizium- und Wafer-Lieferungen zu finanzieren.


Zuvor war Solarfun zudem einen Langzeitvertrag über den Kauf von 140 Megawatt Wafern mit der Wacker Schott Solar GmbH im Januar eingegangen. Noch im ersten Quartal 2008 soll er wirksam werden. In diesem Jahr will Solarfun 185 Megawatt an Modulen produzieren. Die Zellen kommen dabei aus eigener Fertigung; die Kapazität liegt nach Unternehmensangaben mittlerweile bei 240 Megawatt.

[spoon79]

Ob die jetzt bezahlen???

[eula]

habe heute gekauft..

[Moneybilder]

Antwort auf Beitrag Nr.: 33.415.544 von eula am 19.02.08 20:11:51

Hättest noch einen Tag warten sollen, aber das weiß man halt vorher nie sogenau!
Habe selbst am Morgen etwas zu teuer eingekauft.

[Saleen]

Bin auch mal wieder rein zu 15,30$, zwar etwas teurer
als neulich, hoffe aber dennoch das es diesmal
mehr als 10% Rendite werden

[Moneybilder]

"Der Aktionär" hat die Aktie heute auch empfohlen

[Saleen]

Antwort auf Beitrag Nr.: 33.426.559 von Moneybilder am 20.02.08 18:11:16

Ach deshalb heute so viel los in Germany

[Moneybilder]

Antwort auf Beitrag Nr.: 33.427.916 von Saleen am 20.02.08 19:39:13

Viel los?????

wenn ich mir da die Umsätze in USA anschaue, zum Glück ist da viel mehr los

[Moneybilder]

wie weit gehts hier denn noch runter????

[Moneybilder]

keiner mehr da?????????????

[Saleen]

Antwort auf Beitrag Nr.: 33.440.335 von Moneybilder am 21.02.08 19:59:11

[Moneybilder]

Antwort auf Beitrag Nr.: 33.440.663 von Saleen am 21.02.08 20:26:17

hoffen wir mal, dass es jetzt wieder hoch geht

[Moneybilder]

Antwort auf Beitrag Nr.: 33.440.929 von Moneybilder am 21.02.08 20:50:42

oweia
wenns so weiter geht, ist mein stopkurs ruckzuck erreicht!!!!

[ray69]

jetzt wurde der stop vom Aktionär ausgelöst...kann jetzt also wieder steigen.....in solchen volatilen Zeiten mit stops zu arbeiten, ist meiner Meinung nach Schwachsinn.....

[jackili]

Solf hat aktuell ein KGV von 12,96. Wenn das mal nicht preiswert ist. Kaufe mich jetzt erstmal mit einer Anfangsposition ein.

[Moneybilder]

na prima, geht als weiter runter

[Dere]

Antwort auf Beitrag Nr.: 33.448.990 von Moneybilder am 22.02.08 16:23:42

Na und?
Willst du jetzt verkaufen oder glaubst du an die Wachstumsaussichten
von SOLF?

[Moneybilder]

Antwort auf Beitrag Nr.: 33.450.183 von Dere am 22.02.08 17:43:10

nein, eher verbilligen!!!

[medarex75]

Nichts mit dem Doppelboden bei 15 US$ laut Förtschs Zeitschrift.Das Teil geht weiter runter.




gruß medarex75

[Moneybilder]

Antwort auf Beitrag Nr.: 33.455.011 von medarex75 am 23.02.08 11:28:26

na ja, die letzte Handelsstunde in den USA am Freitag gibt ja wieder etwas Hoffnung!

[Dere]

Visit Solarfun in Daegu, Korea!
2008.02.19

Solarfun is proud to be displaying at the upcoming International Green Energy Expo Korea 2008.

This show, the largest PV trade fair in Korea, will be held in Daegu, Korea on May 21-23. More details can be found at http://www.energyexpo.co.kr/eng/

We warmly welcome you to visit our stand A-156.



We look forward to seeing you in Korea!

http://www.solarfun.com.cn/news_word.php?news_id=31

[ray69]

ich ertrage dies Analysten nicht mehr.....jedes mal andere KZ.....

[Snare]

Antwort auf Beitrag Nr.: 33.440.929 von Moneybilder am 21.02.08 20:50:42

Nö.

Mittwoch, 27. Februar 2008 -- Analyst negativ zu Solar-Aktien

Baoding (BoerseGo.de) - Das Investmenthaus Banc of America reduziert seine Einschätzung für einige Aktien aus der Solarindustrie. Die Finanzexperten rechnen damit, dass die enormen Investitionen in die Produktion des knappen Rohstoff Silizium in den kommenden Jahren zu Überkapazitäten und damit zu Preisrückgängen führen wird. Silizium ist elementarer Bestandteil von Photovoltaikanlagen zur Stromgewinnung aus Sonnenlicht. Die Aktie des chinesischen Photovoltaik-Konzerns Yingli Green Energy wird von Buy auf Neutral abgestuft. Das Kursziel wird von 40 auf 18 Dollar nach unten korrigiert. Weiter reduziert das Analystenhaus sein Rating für Trina Solar von Buy auf Sell, das Kursziel wird von 44 auf 28 Dollar gesenkt. Die Einschätzung für Solarfun Power wird von Neutral auf Sell nach unten korrigiert, das Kursziel von 37 auf 12 Dollar gekappt. Das Rating für JA Solar wird von Buy auf Neutral reduziert und das Kursziel von 27 auf 17 gekürzt. Die Aktie von Yingli Green Energy verliert aktuell 4,14 Prozent auf 18,30 Dollar, Trina Solar gibt 8,18 Prozent auf 31,51 Dollar nach, Solarfun Power verbilligt sich um 6,91 Prozent auf 13,06 Dollar und JA Solar gibt um 6,37 Prozent auf 14,97 Dollar.- (© BörseGo AG 2007 - http://www.boerse-go.de, Autor: Hoyer Christian, Redakteur)

[Snare]

Antwort auf Beitrag Nr.: 33.492.827 von Snare am 27.02.08 16:16:40

Das ist ja nicht erst seit gestern bekannt das einige der Meinung sind
das es Überkapazitäten gebe. Es gibt auch andere Meinungen, die sagen das damit nicht zwingend die Umsätze und Gewinne zurückgehen ..

wie auch immer .. ich wunder mich nur darüber das die Kappungen so drastisch ausfallen, zb. bei Yingli von 40 auf 18$ ?

Was ist denn da vorher bei der Bewertung schief gelaufen?

[Snare]

Antwort auf Beitrag Nr.: 33.492.852 von Snare am 27.02.08 16:18:18

heist ja auch ...

wird von Neutral auf Sell nach unten korrigiert

[Dere]

Antwort auf Beitrag Nr.: 33.492.827 von Snare am 27.02.08 16:16:40

So dann heißt es im Umkehrschluß das die Bank of Amerika die
nächsten Tage seinen Kunden empfehlen wird die genannten Solaraktien
zu kaufen.

Kann mir keiner erzählen das wachstumsstarke Aktien, in einem
wachstumsstarken, zukunftsträchtigem Segment, die auch schon Gewinne machen keine zweistelligen KGV´s mehr haben dürfen.
Denn bald haben einige Solaraktien ein einstellige KGV 08.
Spätestens wenn alle 2007ér KGV´s erledigt sind und die Berechnungen
für 2009 in den Medien publiziert werden gehts schneller rauf als wir
denken...

[jackili]

Antwort auf Beitrag Nr.: 33.493.265 von Dere am 27.02.08 16:42:20

@ Dere:

"Spätestens wenn alle 2007ér KGV´s erledigt sind und die Berechnungen
für 2009 in den Medien publiziert werden gehts schneller rauf als wir
denken... "

Und dann hat sich die BoA bereits wieder günstig eingedeckt. Traurig, dass die ihre Marktmacht so dermassen missbrauchen. Aber alles legal.

[MalsoNebenbei]

http://seekingalpha.com/article/65961-solarfun-power-classic…

[Moneybilder]

Antwort auf Beitrag Nr.: 33.495.721 von MalsoNebenbei am 27.02.08 19:35:54

Hört sich eigentlich m.E. gar nicht so schlecht an, oder???

[Dere]

Vor paar Wochen hab ich es schon geahnt....

#207 von Dere Benutzerinfo Nachricht an Benutzer Beiträge des 07.12.07 06:18:50 Beitrag Nr.: 32.692.299


Folgende Antwort bezieht sich auf Beitrag Nr.: 32.692.288 im neuen Fenster öffnen von Dere am 07.12.07 06:05:27

Ach nochwas aus der Charttechnik.

Die US-Boys haben so eine verrückte Art (fast) alle Gaps wieder
schließen zu wollen.... Wäre hier bei Solf natürlich extrem.

[B38fk17]

Antwort auf Beitrag Nr.: 33.494.791 von jackili am 27.02.08 18:16:57

Die B of A hat es auch noetig.

[spoon79]

Antwort auf Beitrag Nr.: 33.497.963 von Dere am 27.02.08 22:58:11

Das Gap hat mir auch zu denken gegeben. Hätte aber nicht vermutet, dass es so schnell geschlossen wird. Naja, mal schauen, was nächste Woche passiert. Auf jeden Fall wird die Überwindung der 16 und 20 USD Marke nicht einfach werden. Falls sie aber doch überschritten wird, sind wir sehr schnell wieder bei 26 USD.

[gans35]

Eine interessante Entwicklung bei den Short Interest:
15.01.2008 = 2.764.608 Short Interest
31.01.2008 = 11.311.866 (mehr als das 4-fache vom 15.01.)!!!!!
15.02.2008 = 11.728.002
So etwas habe ich bisher noch nie gesehen.
Quelle: Nasdaq.com

[MalsoNebenbei]

Antwort auf Beitrag Nr.: 33.506.462 von gans35 am 28.02.08 18:02:49

Die Zahl passt ja dann zu dem Artikel auf seekingalpha.com !
Wie praktisch das die B of A ihr Kursziel für Solarfun auf 12 US$
gesenkt hat.

Welch ein Schelm, der sich böses dabei denkt.

Nur so ein Gedanke.

[spoon79]

Dann gibts auf dieser Welt aber genug Schelme! Mal schauen, was demnächst passiert. Falls Solf eine wichtige Marke nehmen sollte, dann wirds ganz gewaltig nach oben gehen

[Dere]

Ich bin ja mal auf die Umsatzentwicklung im Q4 gespannt.

Sie ist ja in den letzten 4 Wochen zwei mal nach unten revediert worden....

Gruß
Dere

[spoon79]

Gap wurde soeben erfolgreich geschlossen!

[Moneybilder]

Das Teil kennt zur Zeit nur eine Richtung, nach unten!

[Moneybilder]

......und ein weiterer Tag im Minus

[123james]

http://www.forbes.com/2008/01/03/solarfun-energy-closer-mark…

Solarfun Secures Silicon Supplies


Solarfun Power Holdings warmed up after it announced a contract to secure silicon supplies.

The American depository receipts of the Chinese solar energy company rose 2.8%, or 96 cents, to $36.95, falling back from an all-time of $39.95 earlier in the day. Its shares rose 252.8% last year.

Solarfun Power Holdings (nyse: SOLF - news - people ) will receive $230 million worth of silicon wafers from a Korean conglomerate over a seven-year period starting this month. Solarfun did not give the name of its Korean partner.

The agreement also stipulates that the prices will be fixed, a key component to the contract as spot prices for polysilicon are much more expensive than fixed prices. As more capacity comes online to produce the costly solar and semiconductor component, analysts and the industry expect prices to ease.

Solarfun Chairman Lu Yonghua said that the contract will help the company meet its goal to manufacture products with 360 megawatts worth of generating capacity by mid-2008.

It also allows the company to "explore OEM as a possible addition to our business model," Yonghua said.

OEM, or original equipment manufacturing, is an agreement in which multiple companies partner to manufacture a product, but sell it under one brand.

In other news from the company, Henricus “Harold” Hoskens was named as chief executive, and is set to take the reins of the company on Feb. 25 in an initial term for three years. He comes from TPO Displays, based in Taiwan, where he served as deputy CEO.

und dazu noch:
earnings report anfang märz erwartet
11M short müssen wohl weg
müsste doch eigentlich so langsam was passieren

[spoon79]

Antwort auf Beitrag Nr.: 33.523.824 von 123james am 01.03.08 12:59:01

Wie gesagt, die meisten werden den Stopp-Loss ihrer Shorts wohl im Bereich von 18 USD haben. Wenn wir darüber kommen (es wird steinig), dann "ballert es" richtig.

[meinolf67]

Solarfun Power: Classic Short Sqeeze Setup
posted on: February 25, 2008 | about stocks: SOLF

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Almost all of the solar stocks took another hit recently due to the February 20 miss by Suntech Power (STP). This miss was largely due to the higher prices of polysilicone. A notable exception was MEMC Electronic Materials (WFR), which manufactures its own polysilicone. If you are looking for a solar stock to own, this might be it.

However, if you want to play fluctuations, Solarfun Power (SOLF) is a particularly interesting case. On January 24, 2008, SOLF announced the pricing of $150,000,000 in convertible notes. These were priced at $19.13 (about 7.8 million shares at this price or about 16% of the outstanding stock). At the same time, they lent 7.8 million shares to Morgan Stanley to sell to the bond investors to hedge their positions. For instance, bond investors could collect the interest on the note, but short the stock close to the $19.13 price to prevent themselves from losing money as the stock went down in a down market. Apparently this is what has happened. 11.3 million shares are currently shorted. This amounts to about 20% of the float (55.95 million shares). This is a 300+% recent increase in the shorted shares. By contrast, LDK Solar (LDK), whose reputation has been smeared recently, has had a slight decrease in the number of shares that are shorted. Trina Solar (TSL), Canadian Solar (CSIQ) and JA Solar (JASO) are in about the same boat as LDK Solar. STP is only +30% in shorted shares due to its recent miss.

To me, this sets up SOLF as the classic short squeeze play. Some people are pointing to SOLF’s high PE, which Reuter’s quotes as 39.6. However, this is an illusion. The company is a recent IPO, which has only reported 3 quarters of earnings. The first reported quarter EPS were negative. The next two quarters have been progressively better. TD Ameritrade’s mid-range estimate for 2008 EPS is $1.30. For 2009, the mid-range estimate is $1.82. This is taking into account high polysilicone prices. At the close of extended hours trading Friday, February 23, the price of SOLF was $13.85. Using the above estimates, this means the stock is trading at $13.85/$1.30 = 10.65 2008 earnings. For 2009 earnings it is trading at a FPE of 7.6. This is a very low multiple for a fast growing stock. It seems clear to me that it should be trading at a higher multiple. Let’s do a quick comparison to some other solar stocks.

NOTE: Data are from the close of trading Friday February 13, 2008 (from TD Ameritrade).

click to enlarge

What is likely to happen? When the new solar stocks finally get around to reporting earnings for the December 2007 quarter, the EPS estimates for 2008 and 2009 will become more visible. All (or virtually all) of these stocks seem to be on the same fiscal reporting calendar, so comparisons are easy to make. LDK will report today after the close. It sells its product far ahead. It also contracts for polysilicone reasonably far ahead. It should report a meet or beat Q4 for 2007. This should stabilize the solar market. The future earnings figures should start to sent the solar markets higher. As you can see from the table above, SOLF is one of the most undervalued of the solar stocks. It is the most highly shorted of the solar stocks on percentage basis. This is partially due to the fear that the convertible notes (due in 2018) may soon be exchanged for stock. They would then dilute shareholder value by about 16%. However, the stock has clearly gone down much more than this recently. On January 4, 2008 it hit a high around $38. That is probably unrealistic in today’s market. However, a 2008 PE of 20 seems reasonable. This would translate into a stock price of $26. Even if you subtract 16% from that (all of the possible new shares due to the convertible notes), you get a stock price of approximately $22.

You can buy SOLF (or SOLF options) before LDK reports, or you can wait to ensure that LDK’s results are good. Either way you will likely make money on this play. SOLF is one of the best current values in the solar arena. Even with the extra 16% of shares possible due to the convertible notes the PE values for 2008 and 2009 are excellent. The values in parenthesis are values calculated based on 16% more shares of SOLF stock. The hedgers are penny pinchers. They are trying to get their 3.5% out of their convertible notes. They will buy back their shorts as soon as the price of SOLF starts to rise. They will not want to take a chance on losing money. It is probably a good idea to stop listening to those trend following folks (fools?) at Fast Money about SOLF right about now. SOLF is just too big a bargain. LDK supplies some of SOLF’s wafers in fixed cost long term contracts. Those prices will not go up, even with higher polysilicone prices. SOLF sentiment should benefit from an LDK meet or beat result. This should lead to quite a buying spurt. Those hedgers account for about 70% of the short interest in SOLF. I should note that even conservative Standard and Poors gives SOLF a 4 star rating.

LDK, TSL and CSIQ look like good plays too. They should all benefit from LDK’s earnings report. They all have extremely good future PEs. They all are growing quickly. JASO’s numbers are not quite as good, but JASO is well liked by the analysts. It should do well also. However, none of these four stocks have the short squeeze set up that SOLF does.

[Moneybilder]

Förtsch hat Solarfun bei Depotliga noch in seinem Depot mit einem Verlust von über 30%, bin mal gespannt, ob er sie weiterhin hält

[Moneybilder]

hoffen wir heute mal auf einen grünen Tag

[Moneybilder]

....und wieder kein grüner Tag, ist hier keiner mehr investiert?

[Guerilla Investor]

Antwort auf Beitrag Nr.: 33.539.994 von Moneybilder am 03.03.08 22:51:37

Ich wart noch n bischen

[jaguar1803]

Hab mir mal 500 Stück geschnappt. Denke daß die Korrektur bald ein Ende hat und es dann rasant nach oben gehen könnte......Weiß jemand WANN die Zahlen kommen ?!?!?!??

[spoon79]

Antwort auf Beitrag Nr.: 33.552.381 von jaguar1803 am 05.03.08 06:18:34

Heute

[spoon79]

Dear ...,

We plan to do Q4 earning release during the first 3 weeks of month. No fixed date yet.

Regards,



Conni He

Strategic Planning & Investor Relations/Associate

[Dere]

Van Splunter Named To Solarfun Power Board
Wednesday, March 05, 2008; Posted: 10:37 AM

http://www.tradingmarkets.com/.site/news/Stock%20News/116968…

[Dere]

Antwort auf Beitrag Nr.: 33.558.937 von Dere am 05.03.08 17:09:31

Solarfun Power (SOLF) Sees Rise in Optimism Ahead of Earnings
Solarfun Power (SOLF) bumped higher on Board of Directors appointment ahead of earnings
by Joseph Hargett ([e-mail]) 3/5/2008 12:31 PM



Solarfun in the Sun

Solarfun Power (SOLF: View sentiment for SOLFsentiment, chart, options) is back in the headlines today, after the company announced that it has appointed Johan van Splunter as a non-executive independent member of the Board of Directors. However, while the Board is getting the attention, the real story on the Street today could be the company's looming fourth-quarter earnings report. While the official date is unconfirmed, both Zacks.com and Briefing.com are reporting that Solarfun is slated to release its quarterly report before the open tomorrow morning.

According to Thomson Financial, analysts are expecting a profit of $1.58 per share from SOLF, with estimates ranging from $1.29 to $1.72 per share. Revenue estimates range from $779.51 million to $912.65 million, with an average of $846.08 million anticipated. Historically, Solarfun has had mixed results in the earnings confessional, beating twice and missing twice in the past 4 reporting periods. Despite this mixed performance, the company has still bested expectations by an average of 35% during this time frame.

Will the Bulls Get Baked?

SOIR definition Optimism has been on the rise among options speculators heading into the earnings report. Specifically, SOLF's Schaeffer's put/call open interest ratio (SOIR) has dropped from its February 21 reading of 0.46 to today's perch at 0.41, - a drop of more than 12% and an indication that calls have been added at a faster pace than puts among near-term options. This rising bullish sentiment prior to the company's earnings report could be an indication that investors are looking for better-than-expected results from SOLF. The contrarian implications are that should SOLF issue anything less than a stellar earnings report, these bulls could be disappointed and begin to exit their positions. An unwinding of this sort could increase selling pressure on the shares.

The other issue for SOLF when looking at the options pits is the stock's current open interest configuration. Nearly all of the call open interest levied against Solarfun resides at out-of-the-money strikes; the most immediate of these is the 12.50 level, which holds more than 1,800 open call positions in the March and April series. This heavy accumulation of overhead calls reinforces the bullish slant among options players, and indicates that SOLF could find options-related resistance at the 12.50 level on a mediocre earnings report.

weiter...
http://www.schaeffersresearch.com/commentary/content/solarfu…

[jaguar1803]

Hab nochmal nachgelegt....auf 700 Stück........ich denke WANN kaufen wenn nicht JETZT ?!? Kommt von 28,50 EURO runter !!! Nur meine Meinung !! Weiss jemand das GENAUE Datum der Zahlen ?

[Moneybilder]

....wo ist hier nur der Boden???????????

[Moneybilder]

....noch nicht mal die 10 $ haben gehalten

[jaguar1803]

Antwort auf Beitrag Nr.: 33.582.849 von Moneybilder am 07.03.08 20:07:00

..........am Ende hat die $10 DOCH gehalten !!!! Gott sei Dank !!! Und wir können nur hoffen daß diese Marke HÄLT !!!! Jetzt noch halbwegs gute Zahlen und ab geht die Post !!!!

[spiritrob]

Antwort auf Beitrag Nr.: 33.585.990 von jaguar1803 am 08.03.08 09:22:21

dass die post bald abgeht kann ich mir bei
diesem marktumfeld leider nicht vorstellen.
langer atem ist gefragt.

[Moneybilder]

Antwort auf Beitrag Nr.: 33.585.990 von jaguar1803 am 08.03.08 09:22:21

wenns am Montag weiter mit den Märkten nach unten gehen sollte, werden die 10 $ wohl nicht halten

[istanbulman]

hab ich was verpaßt oder gab es nach den letzten Q zahlen schlechte nachrichten das es die aktie so zerrissen hat??wann kommen die nächsten zahlen ?
vielen dank

[Moneybilder]

.......... und weiter gehts bergab!!!

[Moneybilder]

Freitag waren wir noch froh, dass es nicht unter 10 $ ging, dafür gehts heute noch unter 9 $

[gans35]

Antwort auf Beitrag Nr.: 33.600.760 von Moneybilder am 10.03.08 19:02:29

Ich habe heute nochmals mit 9,57 USD verbilligt und habe jetzt einen Einstandskurs von 11,30 USD was eigentlich noch geht, wenn man sich den Chart anschaut. Übrigens geht es allen Solaraktien an den Kragen was ich eigentlich nicht nachvollziehen kann. Auch ist für mich der abnorme Anstieg der Leerverkäufe ein Rätsel, denn SOLF steht ja nicht kurz vor dem Konkurs!? Alles auf die Hypothekenkrise und eine Rezession in den USA zu schieben ist wohl bei diesen Kursrückgängen wohl auch abwegig. Bin mal gespannt wie es in den nächsten Monaten weitergeht, aber nochmals verbilligen werde ich jetzt nicht mehr. Das ganze Umfeld gefällt mir gar nicht und die Zinssenkungen in den USA haben bisher eher das Gegenteil einer Beruhigung gebracht. Börse ist eben doch Spielcasino!

[Moneybilder]

mich wundert es nur, dass Förtsch bei Depotliga weiterhin an der Aktie festhält, vielleicht erwartet er ja einen größeren Rebound

[jaguar1803]

Was sich hier mit den chinesischen Solaraktien abspielt hat mit normalen Kursbewegungen NICHTS mehr zu tun !!! Reine Zockerei !! Schade !! Im schlimmsten Fall kann SOLARFUN noch auf $4 fallen bevor der Boden gefunden wird !!!!

[Moneybilder]

Antwort auf Beitrag Nr.: 33.603.918 von jaguar1803 am 11.03.08 07:16:27

Wie kommst Du auf 4 $?

[Dere]

NA ENDLICH !!!

March 18, 2008 10:06 AM Eastern Daylight Time
Permalink

To save a permanent link to this news, right-click the dateline (Ctl-click on a Mac) to copy the link.
Solarfun Power Holdings to Announce Fourth Quarter and Full Year 2007 Financial Results on March 27, 2008

SHANGHAI, China--(BUSINESS WIRE)--Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF), an established manufacturer of photovoltaic (PV) cells and modules in China, today announced that it will release its unaudited financial results for the fourth quarter and full year of 2007 before the market opens on March 27, 2008. Management will host a conference call to discuss the results at 8:00 am U.S. Eastern Time (8:00 pm Shanghai time) on the same day.

Conference Call

Mr. Harold Hoskens, Chief Executive Officer, Ms. Amy Jing Liu, Chief Financial Officer, and Paul Combs, Vice President of Strategic Planning, will discuss the results and take questions following the prepared remarks.
The dial-in details for the live conference call are as follows:
- U.S. Toll Free Number: [phone]


- International dial-in number: [phone]


- China Toll Free Number: 800 876 5011
Passcode: Solarfun

A live webcast of the conference call will be available on the investor relations section of the Company’s website at: http://www.solarfun.com.cn. A replay of the webcast will be available for one month.
A telephone replay of the call will be available for twenty-four hours after the conclusion of the conference call. The dial-in details for the replay are as follows:
- U.S. Toll Free Number: [phone]
- International dial-in number: [phone]
Passcode: 280293

[spoon79]

Was ist eigentlich mit der Homepage von Solf los?

[Moneybilder]

Antwort auf Beitrag Nr.: 33.674.496 von spoon79 am 18.03.08 16:53:12

Wartungsarbeiten????

[jaguar1803]

OKIDOKI !! Zahlen kommen vorbörslich am 27.3. ! Denke der Boden ist jetzt bei ca. 6 EURO erreicht !! Von nun kann UP gehen.....vorausgesetzt die Zahlen passen !

[medarex75]

Antwort auf Beitrag Nr.: 33.680.155 von jaguar1803 am 19.03.08 07:48:03

Was haltet ihr von dieser Aktie ??
bin noch nicht investiert würde aber gerne eine kleine posi eingehen.
bitte nur ernst gemeinte antworten

gruß medarex75

[Dere]

Antwort auf Beitrag Nr.: 33.705.163 von medarex75 am 21.03.08 15:40:40

Kurze Einschätzung von mir...

Erstmal der Chart.



Ende Nov. brach die Aktie aus nachdem SOLF ein extrem starkes Q3
Ergebnis veröffentlichte....kleiner Ausschnitt


Solarfun Reports Third Quarter 2007 Results

SHANGHAI, China, Nov 29, 2007 (BUSINESS WIRE) -- Solarfun Power Holdings Co. , Ltd. ("Solarfun" or "the Company") (NASDAQ:SOLF), a -vertically-integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today reported its unaudited financial results for the quarter ended September 30, 2007.

Third Quarter 2007 Highlights

-- Net revenue was RMB 753.8 million (US$ 100.6 million), up 312 % from the comparable quarter in 2006, and 63% higher than 2Q 2007.

-- Total PV module shipments were 27.3 MW, continuing a trend of strong sequential increases from 16.4 MW and 6.5 MW in 2Q and 1Q 2007, respectively.

-- The average selling price ("ASP") remained stable at $3.66, compared to $3.68 in 2Q 2007.

-- Gross profit reached RMB 120.7 million (US$ 16.1 million), an increase of 133 % from the same quarter last year, and 72 % from 2Q 2007.

-- Gross margin improved to 16% from 15.2 % in 2Q 2007.

-- Net income was RMB 59.6 million (US$ 8.0 million), a gain of 146 % from the same quarter in 2006, and 190% from 2Q 2007.

-- Earnings per basic ADS were RMB 1.24 (US$ 0.17), in the third quarter of 2007, a 22% gain from the same quarter a year ago and 190% above 2Q 2007.

Wenige Tage später kam dieser Deal zustande...

Good Energies Enters into Agreement to Increase Ownership Stake in Solarfun to 34.7%

SHANGHAI, China, Dec 04, 2007 (BUSINESS WIRE) -- Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF) a vertically-integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules based in China, today announced that Good Energies has entered into an agreement to purchase 66,745,638 ordinary shares and 281,011 American Depository Shares (ADS) from current shareholders, including 50% of the shares held by the Company's Chairman and Chief Executive Officer, Mr. Yonghua Lu, who will retain a 16.1% stake in the Company immediately after the completion of the transaction. The investment expands the relationship between Solarfun and Good Energies that began when Good Energies first invested in the Company in 2006. Upon completion, the investment will raise Good Energies' stake to approximately 34.7% from 6.3%. Solarfun expects Good Energies' increased ownership to enhance the Company's industry position by leveraging Good Energies' expertise, resources and track record of successful investments in the solar industry. The completion of the transaction is subject to regulatory and customary closing conditions and is expected to be completed by the first quarter of 2008.

In connection with the investment, the Company's Board of Directors will appoint an additional representative of Good Energies as well as a new independent Director to the Board. Dr. Sven Hansen, the Chief Investment Officer of Good Energies, will continue to serve on the Solarfun Board of Directors, a position he has held since August of 2006.


Danach wurde bekannt das SOLF die Verpflichtung nicht so schnell nachkam die sie mit Hoko Ende Nov. getroffen hatte.
Stichwort: Siliziumversorgung

Die Trader hatten ihren Spaß und verkauften SOLF bzw. gingen short.

Zu den Zahlen:

SOLF selber rechnet für Q4 mit 100 bis 120 Mio USD
Die Analysten im Schnitt mit 125-130 Mio.

Im verlaufe der letzten drei Monate wurden die Umsatzzahlen von den
Analysten für 2008 von 725 Mio. auf nur noch 600 Mio runter geschätzt.

Mal sehen was SOLF im Q4 Bericht sagen wird.

Mir war damals nach dem Hype klar das SOLF wieder runterkommen wird. Meine ersten habe ich dann für ca 13-14 USD gekauft. (GAP-close!)
Das es noch weiter runtergehen wird dachte ich zwar nicht aber ich
finde es auch nicht schlecht denn gleich nach den Q4 Zahlen werde
ich entscheiden ob ich noch weiter günstig nachkaufe oder nicht.

Für alle Trader: Ein Tag vor den Zahlen könnte es sein das SOLF mind. zweistellig
zulegen wird! (war bei den meisten anderen Solaraktien die letzten Wochen
auch zu erkennen FSLR, CSIQ, JASO, LDK usw.)

FAZIT: -
SOLF hat ein extremes Wachstumtempo die letzten Quartale vorgelegt.
Brutto Marge ist ansteigend
Die Produkte sind guter Durchschnitt (im Vergleich zu den chinesischen)
Wenn sie sich im Markt weiter behaupten können sehe ich für SOLF
noch eine rosige Zukunft kommen.
Bislang wurde SOLF von den Analystenhäusern eher stiefmütterlich
behandelt worden. (was nach glänzenden Zahlen pos. für uns sein könnte)

Gruß
Dere

[medarex75]

Antwort auf Beitrag Nr.: 33.705.594 von Dere am 21.03.08 17:21:16

Danke das war sehr hilfreich.Bei dem eingeblendeten Chart von dir müsste die Aktie bei 8 einen Boden ausbilden wenn nichts negatives mehr aus den usa kommen sollte.Warten wir es einmal ab.Ich interessiere mich für Solarfun nur weil sie arg verprügelt worden ist.

gruß medarex75

[Dere]

Antwort auf Beitrag Nr.: 33.706.386 von medarex75 am 21.03.08 21:28:24

Die Nachzügler bzw. hart abgestraften Werte werden heute wieder extrem
gesucht.

[lilablau]

elle News - 25.03.2008 18:18:43
Solaraktien: 100 Prozent Kurspotential
New York (BoerseGo.de) – Analyst Sanjay Shresta vom Investmenthaus Lazard Capital Markets sieht für eine Reihe ausgesuchter Solaraktien ein Kurspotential von mehr als 100 Prozent. Der Experte stuft die Aktie von Energy Conversion Devices mit Buy Rating und Kursziel 40 Dollar ein. Ebenfalls zum Kauf empfohlen wird Evergreen Solar mit Kursziel 15 Dollar, First Solar mit Kursziel 250 Dollar, SunPower Corporation mit Kursziel 185 Dollar und Suntech Power Holdings mit Kursziel 90 Dollar. Analyst Sanjay Shresta rechnet mit positiven Kurskatalysatoren für Solaraktien im Vorfeld der in der ersten Aprilwoche stattfindenden Photovoltaic Technology Show in München.

Die Aktie von Energy Conversion Devices gewinnt aktuell 2,82 Prozent auf 27,32 Dollar, Evergreen Solar verteuert sich um 1,55 Prozent auf 8,52 Dollar, First Solar klettert 4,63 Prozent auf 219,10 Dollar, SunPower Corporation legt um 4,47 Prozent auf 71,30 Dollar zu und Suntech Power Holdings notiert mit einem Plus von 9,32 Prozent bei 37,72 Dollar.

(© BörseGo AG 2007 - http://www.boerse-go.de, Autor: Hoyer Christian, Redakteur)

[Snare]

SOLF ist ja vorbörslich schon gut dabei

[Moneybilder]

Gab es heute schon schlechte Nachrichten, oder warum gings in den USA kurz vor Schluß so bergab????

[Dere]

Antwort auf Beitrag Nr.: 33.734.778 von Moneybilder am 26.03.08 21:54:45

Nee aber es herrscht wohl die Meinung das die Zahlen nicht überzeugen
könnten. Und nach der Rally vorgestern sind Gewinnmitnahmen nichts
unübliches...

In paar Stunden wissen wir mehr.

[Dere]

Antwort auf Beitrag Nr.: 33.735.684 von Dere am 27.03.08 05:55:27

Na also....

http://investors.solarfun.com.cn/releasedetail.cfm?ReleaseID…

[Turbodein]

Antwort auf Beitrag Nr.: 33.739.246 von Dere am 27.03.08 13:26:24

Schaut doch gar nicht so schlecht aus! Bin seit gestern mal mit dabei.

[spoon79]

Antwort auf Beitrag Nr.: 33.739.246 von Dere am 27.03.08 13:26:24

Vörbörslich bei etwa 13 USD

[Dere]

March 27, 2008 08:04 AM Eastern Daylight Time

Solarfun Reports 2007 Full-Year and Fourth Quarter Results

SHANGHAI, China--(BUSINESS WIRE)--Solarfun Power Holdings Co., Ltd. (“Solarfun” or “the Company”) (NASDAQ:SOLF), a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today reported its unaudited financial results for the fourth quarter and the year ended December 31, 2007.

2007 ANNUAL RESULTS

* Net revenue was RMB 2.395 billion (US$ 328.3 million), up 280% from 2006

* Total PV module shipments as reported were 78.4 MW, up 310% from 19.1 MW in 2006 (Note: Full year shipments were actually 80.6 MW. However, due to certain conditions which require future deliveries of products in order to secure payment for the shipments made in 4Q07, we have deferred revenue recognition until the future deliveries have been made and the cash has been collected.)

* The average selling price was $3.74 for 2007

* Gross profit reached RMB 397.8 million (US$54.5 million), rising over 116% from 2006

* Gross margins reached 16.6% for the full year 2007, showing continuing improvement beginning in 2Q07

* Net income was RMB 148.0 million (US$20.3 million), rising 40% from 2006

* Earnings per basic ADS were RMB 3.081 (US$ 0.42), down from RMB 4.76(US$0.60) in 2006. There was a 132% increase in basic shares outstanding as a result of the Company’s initial public offering in December 2006

Mr. Yonghua Lu, Chairman of Solarfun commented, “The year 2007 was a period of significant progress for the Company and I believe established a foundation for further growth in the burgeoning PV industry. Our financial results met our expectations and showed progress in key measures such as revenue and profit growth. They are also a reflection of our increased scale, vertical integration, broadened customer base, and successful ability to secure supply of key raw materials to meet our growth objectives.”

“Specifically, we expanded manufacturing capacity to a year-end level of 240 MW, acquired and began production of ingots at our 52 %-owned ingot manufacturing facility - Jiangsu Yangguang Solar Technology Co. Ltd., increased our customer base more than six-fold, and signed five significant supply contracts totaling $1.4 billion, four of which were with suppliers outside of China.”

“We also achieved a few other significant milestones over the past year. We significantly strengthened our senior management team with a group of executives with relevant industry experience and global expertise and improved our internal management structure and discipline to keep pace with our rapid growth. Additionally, we believe that the increased share ownership of Good Energies provides us with access to significant additional industry expertise and will contribute to the long-term success of our business,” concluded Chairman Lu.

FOURTH QUARTER 2007 HIGHLIGHTS

* Net revenue was RMB 987.8 million (US$ 135.4 million), a 304% increase over 4Q06 and a 31% increase from the 3Q07

* PV module shipments as reported totaled 28.1 MW, which was nearly three times higher than 4Q06 and continued successive quarter-over-quarter shipment increases. Module shipments were 27.3 MW in 3Q07 (Note: 4Q07 shipments were actually 30 MW. However, as mentioned above, due to certain conditions which require future deliveries of products in order to secure payment for the shipments made in 4Q07, we have deferred revenue recognition until the future deliveries have been made and the cash has been collected.)

* The average selling price (“ASP”) was $3.85, which rose from $3.66 in 3Q07

* Gross profit rose 45.3 % from 3Q07 to RMB 174.5 million (US$ 23.9 million)

* Gross margin reached 17.7%, the third consecutive quarter-over-quarter increase.

* Operating expenses as a percent of sales were 8.3%, which was a decrease from 12.4% in 4Q06, but a rise from 7.0% in 3Q07.

* Exchange losses of RMB 3.3 million (US $ 0.5 million) were up from RMB 2.2 million in 4Q06 and RMB 0.70 million in 3Q07.

* Net income was RMB 66.4 million (US$ 9.1 million), a rise of 101% over 4Q06.

* Earnings per basic ADS were RMB 1.38 (US$ 0.19), an increase of 4.2% from RMB 1.32 (US$ 0.18 in 3Q07.

Harold Hoskens, CEO of Solarfun, noted “The fourth quarter concluded an outstanding year for the Company with sequential momentum in shipments, ASP’s and gross margins. We had a non-recurring trend of increased G&A expenses during the quarter, due largely to a ramp-up in our infrastructure costs, including the consolidation of Yangguang, legal expenses associated with becoming a public company, including SOX compliance and audit fees, as well as a larger management infrastructure and non-cash items such as stock-based compensation.”

FINANCIAL POSITION

As of December 31, 2007 the Company had cash and cash equivalents of RMB 273 million (US$ 37.4 million) and working capital of RMB 959.8 million (US$ 131.6 million). Total bank borrowings were RMB 980 million (US$ 134.3 million). Note that on January 29, 2008 the Company placed US $172.5 million of Convertible Senior Notes due 2018.

Net accounts receivable decreased to RMB 430.69 million (US$ 59 million) due to continued focus on cash management practices. Days sales outstanding (DSO’s) improved to 51 days from 62 days in 3Q07.

MANAGEMENT CHANGES

On January 3, 2008 the Company announced the appointment of Harold Hoskens as CEO beginning on February 25, 2008. Mr. Hoskens joins Solarfun from TPO Displays Corporation, Chunan, Taiwan, where he recently served as Deputy CEO. Harold began his career with Royal Philips in 1988, and moved to the Royal Philips’ Mobile Display Systems (MDS) division in Hong Kong, serving as CEO beginning in 2003.

Mr Lu continues to serve as Chairman and will remain actively involved in areas of strategic importance to Solarfun.

BUSINESS OUTLOOK

FIRST QUARTER 2008

Based on current operating trends and other conditions, Solarfun is providing first quarter 2008 and full year 2008 guidance as follows:

* Although the first quarter is not yet concluded, management believes that shipments for 1Q08 will continue to improve. Volumes are expected to be at least 35 MW. ASP’s should remain strong and relatively constant.

* The Company was affected by the winter weather in China in February and continues to be affected by the relatively tight supply and increasing costs of polysilicon. Therefore, management would expect these factors to have some downward pressure on gross margins for the first quarter of 2008.

FULL YEAR 2008

* Based on existing sales and pricing, contracted supply agreements, and other expected business and industry conditions, management provided the following guidance for the full year 2008: The Company has sales contracts totaling over 160 MW (a level that is over double last year’s 78.4MW) and expects prices to be flat or slightly higher from the $3.74 recorded for the full year 2007. Solarfun has secured supply of polysilicon on a contracted basis slightly exceeding its contracted sales volume.

* Capacity will increase from 240 MW to 360 MW by mid-year 2008.

* Management has seen a continued tightness of polysilicon supply and escalating prices on the spot market. With these conditions expected to exist throughout most or all of 2008, management believes some continued negative impact on gross margins from the level achieved in 2007.

CEO Harold Hoskens concluded, “2008 is a mix of opportunities and challenges. We believe Solarfun is well-positioned to continue to gain market share, expand scale, improve our manufacturing efficiencies, penetrate new markets, and develop and expand our supply chain in both China and elsewhere. Our management team, Board of Directors, and key shareholders are determined and committed to building shareholder value over the long term “

Conference Call:

Management will host a conference call to discuss the results at 8:00 am U.S. Eastern Time (8:00 pm Shanghai time) on March 27, 2008.

The dial-in details for the live conference call are as follows:

- U.S. Toll Free Number:


[phone]

- International dial-in number:


[phone]

- China Toll Free Number:


800 876 5011
Passcode: Solarfun

A live webcast of the conference call will be available on the investor relations section of the Company’s website at: http://www.solarfun.com.cn. A replay of the webcast will be available for one month.

[Dere]

Antwort auf Beitrag Nr.: 33.740.437 von Dere am 27.03.08 15:04:47

@ Quappo

Ich habe mir heute noch ein paar SOLF ins Depot gelegt.
Die Zahlen sind sehr erfreulich. Sollte der Wiederstand bei 14 USD
geknackt werden könnten bis Ende 08 wieder ATH anstehen - oder aber auch
schon eher.

Ich denke die nächsten Tage werden für die Solaraktien sehr erfreulich
werden.
- Das Rezessionsgespenst ist nicht mehr so neg. in den Medien
- Heute zeigte Q-Cells wiedermal welche Wachstumschancen im Solarbereich noch stecken können.
- Ölpreis weiterhin dreistellig (ohne die Wirtschaft extrem zu lahmen)
- Der Markt erkennt wieder wie günstig unsere schnellwachsenden Solaraktien
sind und muß wieder in diesem Segment rein.
(vorallem fehlen Alternativen, wenn schon die anderen Geschichten wie Oracle oder Google, Ebay usw. auch nicht mehr "in" sind)

Meine Favoriten sind weiterhin: CSIQ, SOLF, TSL, STP und LDK.

Gruß
Dere

[spoon79]

15 USD sind eine wichtige Marke!

[Dere]

Geiler Umsatz!!!

Von fast 50 Mio. ausstehenden Aktien 20 Mio. heute gehandelt.



Gruß
Dere

[Betterway]

Antwort auf Beitrag Nr.: 33.741.785 von Dere am 27.03.08 16:51:05

... meine auch, deshalb DB2CSL, da sind alle drin, kann man - denk ich , lanfristig nicht viel falsch machen !!! Gruß B.

[Dere]

Antwort auf Beitrag Nr.: 33.746.584 von Betterway am 28.03.08 08:46:47

Stimmt wollte ich mir auch schon kaufen, da ich aber längerfristig
orientiert bin und die Zertis meines Wissens ab Mitte 09 trotzdem
versteuert werden müssen, bin ich lieber direkt investiert.

Allerdings kann man mit dem Zerti nix falsch machen.

Gruß
Dere

[Dere]

Antwort auf Beitrag Nr.: 33.748.109 von Dere am 28.03.08 11:03:22

Taking Profits on Solarfun's Day in the Sun
posted on: March 28, 2008 | about stocks: SOLF / TSL


The solar sector has been moribund for months... I've mentioned in the past it will simply take some match to light the fire and these stocks can explode in huge fashion in a very short time. The past 3 days have been very good and today's earning report from Solarfun Power (SOLF) is helping to keep the party going. I am going to sell into this rally and will look to re-up at lower prices. If this were a bull market, I'd treat it differently as these stocks can move 50% in 2 weeks when the mood is right, but in a bear market I assume today's gold is tomorrow's trash. Further, many of these stocks are approaching some resistance levels. With that said, when speculation reaches a fever pitch in solar technicals mean nothing. But I am taking a conservative approach and selling into these gains.

I am selling much of my Trina Solar (TSL) around $33, and much of my LDK Solar (LDK) north of $29. There still remains a lot of headwinds in this sector but again, speculators don't care about fundamentals - as long as momentum is there, they drive these stocks. I do believe they should enjoy a better 2nd half of 2008 as any candidate will look like a tree hugger compared to the current holder of the White House.

Specific to the Solarfun Power earnings - they did beat estimates by $0.01 but it took $20M more revenue than analysts expected to earn that 1 extra penny - highlighting continued margin pressures. In a situation like that, you need more revenue simply to stay in the same place in earnings - which is the affliction across much of the industry right now. On the positive side Average Selling Prices [ASPs] remain strong; it's simply the cost side that provides the angst. Polysilicon issues remain as a dark cloud over most of the sector, not just now but for the foreseeable future - which makes it hard to be as bullish as I was say 12 months ago on the group. But again, when people get happy in this sector they cannot be bothered with details like that. I mean, they are having fun! Solarfun!

That said as I've been saying lately the stocks for the first time in a long time reflect some "value", as they've been beaten to pulp for months on end.

* Solarfun Power Holdings Co Ltd (SOLF), which makes photovoltaic cells and modules that convert sunlight into electricity, reported fourth-quarter results above expectations on increased shipments and selling price, sending its shares up 11 percent.
* For the fourth quarter, the company reported net income of $9.1 million, or 19 cents a basic American depository share. The one analyst who covered the company's earnings had forecast a profit of 18 cents a share, before special items, according to Reuters Estimates.
* Net revenue for the quarter was $135.4 million. Three analysts on average were expecting revenue of $115.3 million.
* Average selling price rose more than 5 percent sequentially to $3.85 per watt.
* The company said it was affected by winter in China in February and continues to be affected by the relatively tight supply and increasing costs of polysilicon, a key raw material used in making solar cells. Solarfun expects these factors to pressure gross margins for the first quarter of 2008
* It expects volumes in first quarter to be at least 35 MW, and average selling prices to remain strong and relatively constant.

Polysilicon appears to remain an issue for the rest of 2008.... but MW shipments really will be taking off - again the same quandry - a lot more revenue but at decreasing profitability as polysilicon eats away at the cost structure. Spot polysilicon surprised us last quarter at $400/kg - yesterday I read a piece where it was up to $475/kg. Ouch. I thought last year at this time, we'd see flat lining or even decreases in polysilicon pricing but that was before an army of panel makers was created in China, creating too much demand.... eventually we will have a glut of polysilicon but eventually keeps getting pushed out a few quarters.

* Solarfun Power Holdings Co. said Thursday it expects improving shipments and strong pricing through the first quarter, but noted that high polysilicon costs will pressure profit margins throughout the year.
* The Chinese solar-power company expects to ship at least 35 megawatts worth of solar products in the first quarter. It noted, however, that severe winter weather in China hindered operations last month and that it "continues to be affected by the relatively tight supply and increasing costs of polysilicon."
* Spot prices for polysilicon have been escalating, Solarfun said, and it expects those trends to continue throughout the year. The company forecast lower gross margins for the first quarter and full year as a result. Chief Executive Harold Hoskens called 2008 "a mix of opportunities and challenges."

[mucefuc]

Solarfirmen rund um den Globus gehören heute wieder zu den absoluten Top-Performern. Weiterhin kräftig im Aufwind sind meine chinesischen Favoriten, aber auch die deutschen Werte wie Solarworld, Q-Cells laufen heute sehr gut. ich fühle mich natürlich bestätigt mit meiner Performance der letzten beiden Wochen, und dies ist einmal mehr ein Zeichen dafür wie wichtig es ist eine Strategie zu haben und diese auch konsequent zu verfolgen. Trina Solar, Suntech Power Systems. LDK Solar und Solarfun sind alle auf Wochensicht mit fast 50 Prozent im Plus!!
www.investorsinside.de

[stefanpetzi]

Solar's Munich Rally
Carl Gutierrez, 04.02.08, 11:50 PM ET

Solar stocks rose smartly Wednesday on positive news from an industry conference, as well as optimism over progress on Capitol Hill toward an extension of tax incentives and a mortgage bailout.

"There is talk of a long-term extension of tax credits that decrease over time," said Colin Rusch, an analyst at Broadpoint Capital. "There's a stronger chance it would get support from the White House and both houses of Congress. My understanding is it's still in the discussion phase, but it lends to the potential that the bill could get passed in the near term."

Rusch also noted that hopes of a mortgage bailout played a role in the solar sector's rally. "Clearly the mortgage news that there's a bill that may clean up the mortgage mess helps the market," Rusch said, "and solar is a beta play on the market."

Solarfördergesetzte in den USA werden die Solarwerte ordentlich nach oben bringen..........

[nugget80]

So die 15$ eine wichtige Hürde ist hinter uns die jetzt halten am allerbesten die 17 knacken dann fliegt uns das Teil um die Ohren. Chart siet sehr gut aus und die Stimmung im Markt bleibt weiter gut .Ich warte auf heute mittag !Bin gespannt was kommt.


Nugget

[Snare]

http://www.tax-news.com/asp/story/US_Senators_Unveil_Renewab…

[Moneybilder]

Bin mal gespannt, ob die 15$ halten

[Dere]

Solarfun
Chinesisches Solar-Unternehmen eröffnete Europazentrale in Ismaning bei München
11.04.2008 | Redakteur: Jan Vollmuth

Der Hersteller von Photovoltaik-Zellen und -Modulen Solarfun Power Deutschland hat neue Büroräume in Ismaning bei München bezogen. Die Tochtergesellschaft des chinesischen Solar-Konzerns soll die Präsenz in Europa vorantreiben.

Dazu Christian Dorn, Managing Director der Solarfun Deutschland GmbH: „Die Nähe zum Flughafen erlaubt es meinem Team und mir schnell zu reagieren und ohne großen Zeitverlust zu Projekten und Kunden vor Ort zu gelangen. Umgekehrt sind auch wir für unsere Partner gut erreichbar. Desweiteren freuen wir uns auf unsere zukünftigen Mitarbeiter und Kollegen, die bald die weiteren Räume zum Leben erwecken werden.“

Unter der Leitung von Christian Dorn soll besonders die Vertriebsstruktur optimiert werden: Solarfun will ein dichtes Vertriebsnetz mit Distributions-Partnern und Fokus-Partnern aufbauen, um flächendeckend Produkte und Services anbieten zu können.

[SilberIgel]

Antwort auf Beitrag Nr.: 33.873.722 von Dere am 12.04.08 19:48:00

Hallo Dere,

wie schätzt du Charttechnisch sowie auch die Aktuelle lage von Solarfun so ein ?

[Dere]

Charttechnisch sehe ich SOLF momentan eher im Niemandsland....
während JASO und First Solar schon (fast) wieder neue ATH sehen hat
SOLF noch genügend Luft nach oben.

Ich bleibe bei SOLF langfristig investiert. 2008 wird wieder ein extrem
starkes Jahr für die meisten chin. Solaraktien. Die Earnings werden
wohl wieder durch die Bank pos. überraschen.

Schon mal überlegt warum die Solaraktien am Freitag trotz starker
Verluste von Dow und Co. so stark waren?

Die EPS-Schätzungen von SOLF, CSIQ, LDK und Co. sind für 08 und 09
viel zu konservativ geschätzt und werden demnächst zwangsläufig nach oben
korregiert. (Siehe Trina am Freitag)

Gruß
Dere

[Dere]

15.04.2008 15:28
Solarfun Power Neutral
Amtech nimmt Solarfun Power (News) mit Neutral Rating und Kursziel 14 Dollar in seine Berichterstattung auf.

[Dere]

Antwort auf Beitrag Nr.: 33.889.278 von Dere am 15.04.08 16:05:52

Market Report -- Short Stories (SOLF)
April 15, 2008 9:36 AM ET

Solarfun Power AmTech Research initiates Neutral. Target $14. Amtech initiates SOLF with a Neutral and a $14 tgt saying while SOLF has benefited greatly from the strong secular demand for P.V modules in Germany and Spain, they believe there is still risk on the gross margin line in 2008 as capacity ramps and the co remains dependent on domestic poly supply. The firm believes that the co needs to raise additional capital or increase credit lines in 2008 to the tune of $150-$200 mln to fund growth in 2009, despite having recently issued a convert in January.

[Moneybilder]

Ist noch jemand da?

[Dere]

Antwort auf Beitrag Nr.: 33.966.482 von Moneybilder am 24.04.08 19:56:45

Schon, und noch eine lange Zeit...

[Moneybilder]

Antwort auf Beitrag Nr.: 33.968.446 von Dere am 25.04.08 00:16:30

schön, dass ich nicht der einzige bin, der hier noch investiert ist!
Auf steigende Kurse....

[Magic7777]

Antwort auf Beitrag Nr.: 33.968.519 von Moneybilder am 25.04.08 00:51:35

Vielleicht fuer Euch von Interesse (Auszug aus der letzten Pressemeldung von Solar Enertech):

Mr. Leo Young, Chief Executive Officer of Solar EnerTech commented, "Our revenue and gross margin in the second quarter did not meet our expectations mainly due to a temporary shortage of raw materials, severe winter storm conditions, and delayed module production stemming from the move to a new manufacturing facility. These preceding issues, though temporary, primarily impacted our business in the first two months of the second quarter. We had a more productive month in March and we have made significant progress to position our business for solid growth ahead. As part of these efforts, we are working aggressively to increase our revenue stream, control operating costs and scale up our production capabilities. We continue to evaluate and negotiate long-term supply contracts with silicon suppliers in China and overseas. During the quarter, we also broadened our customer base by adding new customers from the Netherlands, Australia, Germany and Belgium, which can add further strength to our revenue stream in the second half of the fiscal year.

In March, we completed the expansion of our module production facility in Jinqiao Technology Park. This enhanced facility increases our potential module production capacity from 25 MW to 50 MW. We are in a better position going into our fiscal third quarter to improve the production output. We also mentioned in previous quarters that we were building a second solar cell production line, which will increase our potential cell production capacity from 25MW to 50MW. We are on schedule on this front and expect to complete the line by the end of our calendar year.

We are pleased with the quality of our products and as part of our effort to continue improving our manufacturing process, we added two senior members to our manufacturing team with considerable experience in photovoltaic manufacturing. We are delighted to announce the appointments of Mr. Fei Yun as our Chief Technology Officer and Mr. Ying Hui Tang as our Vice President of Manufacturing. Prior to joining the Company, Mr. Yun was the Director of Technology of Solarfun Power Holding Co. Ltd., and Mr. Tang was the Director of Solar Cell Production of Solarfun Power Holding Co., Ltd. Messrs. Yun and Tang have a combined total of over 40 years working in the solar industry. We look forward to their contributions to our business in the areas of research and development and manufacturing, which we believe will enhance our position in the global solar marketplace. We also appointed Dr Z.Q. Ma, our former Chief Technology Officer, as the Director of the Joint Research and Development Lab at the Shanghai University. Mr. Ma will be working extensively with Mr. Yun and Mr. Tang to apply development achievements to the manufacture of our solar products."

[Moneybilder]

Antwort auf Beitrag Nr.: 33.995.435 von Magic7777 am 29.04.08 17:37:14

Bist auch investiert?

Solarfun wurde heute im Aktionär empfohlen, KZ 14 €!

[Moneybilder]

Antwort auf Beitrag Nr.: 33.997.113 von Moneybilder am 29.04.08 20:56:32

Sorry, habe das "Du" vergessen

[Magic7777]

Antwort auf Beitrag Nr.: 33.997.113 von Moneybilder am 29.04.08 20:56:32

Hallo Moneybilder,

habe im Maerz ueber ein Investment bei SOLF zu 6 Euro nachgedacht - bin aber leider nicht eingestiegen, da im Maerz die Boersen noch recht waxckelig waren. Ich denke aber bei 8 Euro bin ich dabei.

Bin zur Zeit nicht unwesentlich in Solar Enertech investiert. Leider schon seit einem Jahr daher habe ich auch nicht die optimalen Einstiegskurse erwischt - die Richtung in der sich das Unternehmen bewegt stimmt aber. Allerdings geht es langsamer als erwartet d.h. sie liegen etwa ein halbes Jahr im Plan zurueck. Sie haben ein gutes Team was auch der neue Zuwachs von Solarfun zeigt.

Gruss

[Moneybilder]

Antwort auf Beitrag Nr.: 33.998.468 von Magic7777 am 30.04.08 06:44:37

Hallo Magic7777,

ich bin seit Februar hier investiert (war da auch schon eine Empfehlung im Aktionär) und habe im März verbilligt,
sollte es hier nochmals unter 8 € gehen, werde ich wohl auch noch mal zuschlagen!

Grüße
MB

[daitraider76]

Solarfun nimmt an der Solar-Messe in Shanghai teil:
http://www.solarfun.com.cn/news_word.php?news_id=35

Vielleicht werden neue Geschäftsabschlüsse getätigt?

[Dere]

Solarfun Power Holdings to Announce First Quarter 2008 Financial Results on May 21, 2008

SHANGHAI, China--(BUSINESS WIRE)--Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF), an established manufacturer of photovoltaic (PV) cells and modules in China, today announced that it will release its unaudited financial results for the first quarter of 2008 before the market opens on May 21, 2008. Management will host a conference call to discuss the results at 8:00 am U.S. Eastern Time (8:00 pm Shanghai time) on the same day.

Conference Call

Mr. Harold Hoskens, Chief Executive Officer, Ms. Amy Jing Liu, Chief Financial Officer, and Paul Combs, Vice President of Strategic Planning, will discuss the results and take questions following the prepared remarks.

The dial-in details for the live conference call are as follows:
- U.S. Toll Free Number: [phone]
- International dial-in number: [phone]
- China Toll Free Number: [phone]
Passcode: SOLF

A live webcast of the conference call will be available on the investor relations section of the Company’s website at: http://www.solarfun.com.cn. A replay of the webcast will be available for one month.

A telephone replay of the call will be available for twenty-four hours after the conclusion of the conference call. The dial-in details for the replay are as follows:
- U.S. Toll Free Number: [phone]
- International dial-in number: [phone]
Passcode: 74083898

[spoon79]

Antwort auf Beitrag Nr.: 34.049.184 von Dere am 07.05.08 18:49:14

Die 15 USD sind anscheinend eine "ultraharte Nuss". SOLF kann diese Marke kaum halten bzw. prallt immer wieder nach unten ab.

[SilberIgel]

Denke nicht mehr lange und dann geht sie durch die Decke

[zechn16]

Antwort auf Beitrag Nr.: 34.049.184 von Dere am 07.05.08 18:49:14

hallo dere! könntest du eventuell einen realtime-Chart mit Volumen hereinstellen? vielen dank im voraus

[Dere]

Antwort auf Beitrag Nr.: 34.056.269 von zechn16 am 08.05.08 15:14:48

Mach folgendes...

Rechtsclick auf den Chart,
auf Eigenschaften klicken
die Zeile "Adresse" kopieren und unter Favoriten speichern

Gruß
Dere

[zechn16]

Antwort auf Beitrag Nr.: 34.059.634 von Dere am 08.05.08 20:56:16

genau! vielen dank!

[zechn16]

Antwort auf Beitrag Nr.: 34.059.634 von Dere am 08.05.08 20:56:16

genau! vielen dank!

[spoon79]

Gestern Abend wieder an der 15er Marke gescheitert.

[SilberIgel]

Antwort auf Beitrag Nr.: 34.069.751 von spoon79 am 10.05.08 08:27:49

Egal
sieh mal die Käufe zum schluß an du kannst dir jetzt wohl selber denken was nächste Woche passiert oder

[spoon79]

Antwort auf Beitrag Nr.: 34.069.994 von SilberIgel am 10.05.08 10:33:54

Komisch war, dass SOLF bei 15€ wieder runtergedrückt wurde.
Das Volumen in der letzten Handelsstunde war aber schon heftig, da gebe ich dir Recht. Das höchste Volumen (Stundenbasis)seit langem

[SilberIgel]

Antwort auf Beitrag Nr.: 34.070.174 von spoon79 am 10.05.08 11:39:15

Nächste Woche gibt´s nen run

[Moneybilder]

Antwort auf Beitrag Nr.: 34.070.299 von SilberIgel am 10.05.08 12:22:18

hätte nix dagegen!!!

[Dere]

Hoku and Solarfun Approve Amendment and Extension of Polysilicon Supply Agreement
Marketwire
May 13, 2008: 06:45 AM EST

Hoku Materials, Inc., a wholly owned subsidiary of Hoku Scientific, Inc. (NASDAQ: HOKU), established to manufacture and sell polysilicon for the solar market, and Solarfun Power Hong Kong Limited, a subsidiary of Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF), an established manufacturer of both photovoltaic (PV) cells and modules in China, today announced that they have amended their polysilicon supply contract to increase the term of the contract from eight to ten years. Total amounts that may be payable to Hoku Materials under the contract have increased from up to approximately $306 million for the eight year contract, to up to approximately $384 million for the amended ten year contract. Hoku Materials and Solarfun also agreed to a mutual right to terminate the supply agreement if Hoku Materials is unable to raise an aggregate of $75 million in financing for its polysilicon production plant by December 31, 2008 (including the $25 million that was already raised by Hoku Scientific's sale of common stock in February 2008). Solarfun may also terminate the agreement if Hoku Materials is unable to complete polysilicon shipment milestones and quality specifications by December 31, 2009.

"We're strengthening our relationship with Solarfun by extending the term from eight to ten years," said Dustin Shindo, chairman and chief executive officer of Hoku Scientific. "A ten-year term allows us to better plan for our long-term operations, including the timing of future product sales and plant expansions. Adding the financing milestone gives each company the flexibility to terminate the contract if Hoku is ultimately unable to finance the completion of the plant. This makes sense for both companies, as it would be impossible to honor a long-term purchase and supply commitment if the plant is ultimately not built."

"We are pleased with the amendment of our contract with Hoku," said Solarfun's chief executive officer, Harold Hoskens. "We look forward to their timely delivery of polysilicon as scheduled by the 2nd half of 2009."

Schöne News von SOLF neben CSIQ mein zweiter Liebling...

Gruß
Dere

[Frank888]

SOLf war heute bei den Chartsignalen dabei, Kurs über EMA 200. Habe mal ein paar gekauft, die könnten weiter laufen.

[bluelake]

Antwort auf Beitrag Nr.: 34.085.210 von Frank888 am 13.05.08 20:25:28

Hi Frank,
auf welcher Seite findest Du die Chartsignale?

[Frank888]

Antwort auf Beitrag Nr.: 34.090.569 von bluelake am 14.05.08 13:36:57

auf der Startseite von W.O., im unteren Teil links

[Dere]

Solarfun Power Short Interest Balloons
by: Word on the Street posted on: May 14, 2008 | about stocks: SOLF


On the technical breakout scene Tuesday afternoon was Solarfun Power Holdings Co. (SOLF) which rose $1.25, or 8.37%, to $16.19 on volume of 9.1 million shares, more than double the three month average daily volume of 4.37 million shares. Yesterday’s move coincided with an across the board “green day” in solar power stocks led by First Solar (FSLR), which rose 6.72% to $303.98, on the back of crude oil prices which hit a new high of $127 a barrel.

After testing 200-day moving average resistance at $15.34 twice this month, Solarfun shares finally broke out and closed above that level signaling that the next resistance in the April high of $17.36 should come into play in the near term. The bullish move could be attributed to a round of intense short covering. Anyone watching the bid side activity on a level two screen today could probably vouch for that claim. The short interest in Solarfun Power has ballooned in recent months.

Since the end of January there were about 11.3 million shares short, but that has moved up to 15.2 million as of the last reported settlement date of April 30, just off its mid-April high of 16.4 million shares. At the end of 2007, there were just 2.8 million shares short. The shares represent a substantial portion of the 48.3 million shares outstanding and the publicly traded float of 43.5 million shares. It’s an understatement to say that the short supply of shares has added to the volatility of this solar name and fueled the momentum trade.

[bluelake]

Antwort auf Beitrag Nr.: 34.091.799 von Frank888 am 14.05.08 15:38:40

Danke auch!

[Kinkikatze]

sieht gut aus,
seit Tiefst-Stand 100 % up. € 6 bis € 12
kann so weitergehen bis AZH
K.K.

[Maurinio]

ACHTUNG !!! Heute wird es auf den US Märkten Gewinnmitnahmen aus dem Osten geben, dass hat man schon in Japan und China gesehen

[SilberIgel]

Antwort auf Beitrag Nr.: 34.108.172 von Maurinio am 16.05.08 10:42:54

Vermute ich auch das es nochmal runtergeht

[Dere]

Antwort auf Beitrag Nr.: 34.108.172 von Maurinio am 16.05.08 10:42:54

Das interessiert die Amerikaner nicht die Bohne...

[Maurinio]

Wie bereits gedacht Gewinnmitnahmen !!!

[SilberIgel]

deswegen bin ich vorerst raus

[Dere]

Solarfun Earnings Could be the Perfect Trigger for a Short Squeeze
by: David White posted on: May 16, 2008 | about stocks: SOLF


Virtually all of the solar companies which have reported recently have reported better than expected earnings. Canadian Solar (CSIQ) trounced their earnings estimates. CSIQ is in a virtually identical segment of the business to Solarfun (SOLF). According to theStreet.com analyses on TD Ameritrade, SOLF has slightly better margins than CSIQ. This would lead one to believe that SOLF is likely to have much better than expected earnings this quarter. With the price of the stock currently sitting on (or near) the trigger point for most short sale buy backs, a move up with earnings might well trigger a big short squeeze. I note the current price of SOLF at this writing is approx. $18.50. Likely most shorts were sold at or below this price.

The current short squeeze situation was set up on Jan. 24, 2008. SOLF sold $150,000,000 worth of convertible notes priced at $19.13. At the same time, SOLF lent 7.8 million shares to Morgan Stanley to sell to the bond investors to hedge their positions. For instance, bond investors could collect the interest on the note, but short the stock close to the $19.13 price to prevent themselves from losing money as the stock went down in a down market. Apparently this is what happened. During the ensuing down market, the short positions on SOLF deepened further. TD Ameritrade currently shows approximately 15 million shares are shorted (about 35% of the float). Currently SOLF is trading at about 15 times 2009 earnings estimates, so it has room to move up. If SOLF guides higher after reporting good earnings, the stock may move much higher.

The possible downside view may be the margins. Both CSIQ and SOLF have low margins. Some people are wondering how they are going to do in the future as solar gets cheaper. Can they compete? Certainly a lot of people have shorted CSIQ, even though it continues to go up. What can make other people believe that CSIQ and SOLF have a good future?

The answer for CSIQ is that it is planning to start making UMG solar, which is much cheaper to manufacture. It is planning to ship 30-40MW of UMG solar in 2008. It will build this amount to 200MW in 2009. I haven’t heard that SOLF has any UMG plans yet, but it seems like just a matter of time. In addition Good Energies owns big stakes in both Trina Solar (TSL) and SOLF. Many are predicting solar company mergers, so companies can compete better. Many think SOLF and TSL are a marriage made in “Good Energy”. If that merger happens, it will likely help both companies. TSL recently scrapped its plans to build a poly plant. I think the UMG technology may have been part of the reason. The definitive work on UMG seems to be “Silicon LPE On Substrates From Metallurgical Silicon Feedstock For Large Scale Production” by M. Muller, R. Kopecek, P. Fath, C. Zahedi, and K. Peter from the University of Konstanz, Department of Physics. Apparently after upgrading the metallurgical silicon to PV-grade (PVG-Si), it can be used as feedstock without the need for complex high cost chlorosilane process to purify the product. Such low cost feedstock gives a reasonable efficiency solar cell [1], provided a high purity thin silicon layer is grown on the multicrystalline substrate wafers, which is made of PVG-Si by conventional ingot casting and wafering. Electrical grade silicon is 99.99999 plus percent pure, but it costs $150 to $250 a kilogram.
Only around 70,000 tons are manufactured worldwide. By contrast, upgraded metallurgical silicon is only 99 percent or so percent pure and goes for $20 to $50 a kilo. Approximately 1.2 million tons get made a year.

This seems to be the development path that CSIQ has elected to follow. Other companies such as SOLF and TSL are sure to follow. A company like LDK Solar (LDK) will likely use its coming poly plant to increase its margins. Then it will start on this new technology (perhaps before then) in combination with its poly plant to further increase margins. Ditto MEMC Electronic Materials (WFR). Both of these companies should be able to compete well with all of the other new technologies, such as CIGS. The solar made in this way has a slightly lower conversion efficiency. However, that efficiency is still very competitive with CIGS technology. Watch out First Solar (FSLR)! The competition is coming.

In sum, the UMG technology means that there is still a bright future for companies such as CSIQ and SOLF. It means that all of the polysilicone solar manufacturers will not suddenly be put out of business by newer technologies such as CIGS. It means that FSLR, which trades at 54 times 2009 earnings, may have lost its edge.

I think SOLF can be bid up in a short squeeze at its pivot point because it looks like it has a bright future if it just follows the crowd. If it can produce good results now, good results look very probable in the future. It has a lot of good contracts and good customer relationships. It just needs to execute. A merger with TSL might well help. Such a possible merger is another reason the stock price may rise.

[Kinkikatze]

Antwort auf Beitrag Nr.: 34.111.387 von SilberIgel am 16.05.08 15:45:22

war ein Fehler auszusteigen, denn es war bereits bekannt,
daß sich die Shorties eindecken müssen.
Sie haben damals auch den Absturz verursacht.
SOLF ist noch immer fast 100% vom ATH entfernt.

Trotzdem nehme ich an, daß Du einen schönen Gewinn
mit ins Wochenende mitnehmen konntest.

Gruß an alle und schönes WE
K.K.

[Maverick22]

Antwort auf Beitrag Nr.: 34.114.382 von Kinkikatze am 16.05.08 21:29:51

das KGV ist aber sicher schon höher als bei CSIQ.... - ich bin gespannt auf die Zahlen nächste Woche - aber ich kann mir nicht vorstellen, dass die Zahlen nur annähernd so gut sind wie von Canadian Solar - CSIQ ist trotz des Megaruns noch immer - nach TSL - die billigste China-Solar-Aktie!

[SilberIgel]

Antwort auf Beitrag Nr.: 34.114.382 von Kinkikatze am 16.05.08 21:29:51

War zwar ausgestiegen bin aber heute wieder rein
ich glaub schon fast das ATH wird nächste Woche übertroffen

[Dere]

Antwort auf Beitrag Nr.: 34.114.498 von Maverick22 am 16.05.08 21:42:08

aber ich kann mir nicht vorstellen, dass die Zahlen nur annähernd so gut sind wie von Canadian Solar

Wenn du dich da mal nicht täuschst...Solarfun wird vom Markt
unterschätzt und auch von vielen Institutionellen gemieden da sie
vor mehr als einem Jahr die Erwartungen nicht erfüllen konnten.
Aber die letzten drei Q-Earnings haben brutal eingeschlagen.

Seit einigen Tagen schreibe ich schon das SOLF ein klarer Kauf ist.

Zu den heutigen Kursen würde ich auch nicht mehr unbedingt kaufen.
(hab schon genug SOLF) Aber ich glaub an ein sehr starkes Q1.

Time will tell.

Heute wurden die Shortys mal wieder gegrillt.

[spoon79]

Antwort auf Beitrag Nr.: 34.115.382 von Dere am 17.05.08 02:45:10

Irgendwas wird da wohl sein. Schaut euch mal das Kaufvolumen an.
Allerdings bin ich auch bei Yingli nach dem Run am Mittwoch von einem weiter steigenenden Kurs in Richtung 30 USD ausgegangen. Dem war aber nicht so.
Falls die Zahlen positiv aufgenommen werden sollten, wirds vielleicht nochmal bis 25 USD gehen, aber mehr kann ich mir fast nicht vorstellen. Dennoch lasse ich mich aber gerne eines besseren belehren.

[SilberIgel]

aber seht euch mal die Käufe zum Schluß an da steckt noch extrem Potential drinn

[Kinkikatze]

Antwort auf Beitrag Nr.: 34.114.743 von SilberIgel am 16.05.08 22:12:03

gratuliere!

[SilberIgel]

Antwort auf Beitrag Nr.: 34.115.959 von Kinkikatze am 17.05.08 11:18:05

Danke

[Tinkasboy]

Auch ich habe schon am Donnerstag 2/3 meiner SOLF-Aktien mit 40% Gewinn verkauft ! Wenigstens habe ich noch einen Drittel behalten, wobei ich nun meinen Gewinnstopp sehr hoch angesetzt habe, da ich doch bald mit einer grösseren Korrektur bis unter 20 USD rechne ! Aber dann kaufe ich wieder nach.......

[peekey]

Management has seen a continued tightness of polysilicon supply and escalating prices on the spot market. With these conditions expected to exist throughout most or all of 2008, management believes some continued negative impact on gross margins from the level achieved in 2007.

was ist eure Meinung dazu? Die Bruttomarge 2007 war 16,6%....

[DasblindeHuhn]

Antwort auf Beitrag Nr.: 34.118.821 von peekey am 18.05.08 11:39:32

Entschuldigt meine Unwissenheit, aber kann mir bitte jemand sagen wann die Zahlen von SOLF kommen? Vielen dank schonmal vorab

[Dere]

Antwort auf Beitrag Nr.: 34.119.938 von DasblindeHuhn am 18.05.08 18:17:06

http://investors.solarfun.com.cn/releasedetail.cfm?ReleaseID…

Solarfun Power Holdings Co., Ltd. Logo

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« Previous Release | Next Release »


Solarfun Power Holdings to Announce First Quarter 2008 Financial Results on May 21, 2008

SHANGHAI, China, May 07, 2008 (BUSINESS WIRE) -- Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF), an established manufacturer of photovoltaic (PV) cells and modules in China, today announced that it will release its unaudited financial results for the first quarter of 2008 before the market opens on May 21, 2008. Management will host a conference call to discuss the results at 8:00 am U.S. Eastern Time (8:00 pm Shanghai time) on the same day.

Conference Call

Mr. Harold Hoskens, Chief Executive Officer, Ms. Amy Jing Liu, Chief Financial Officer, and Paul Combs, Vice President of Strategic Planning, will discuss the results and take questions following the prepared remarks.

The dial-in details for the live conference call are as follows:

----------

Nur halb entschuldigt, denn solche Infos kann man jederzeit selber
innerhalb von nur einer Minute rausfinden...

[Saleen]

Aktueller PreMarket Stand:

Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
08:16 $ 25.23 700
08:16 $ 25.20 950
08:16 $ 25.23 500
08:16 $ 25.22 100
08:16 $ 25.22 100
08:16 $ 25.23 2,650
08:16 $ 25.25 370
08:16 $ 25.25 380
08:16 $ 25.23 100
08:16 $ 25.23 100
08:16 $ 25.18 100
08:16 $ 25.18 100
08:16 $ 25.23 100
08:16 $ 25.24 100
08:16 $ 25.29 500
08:16 $ 25.24 100
08:16 $ 25.28 100
08:16 $ 25.28 100
08:16 $ 25.20 100
08:16 $ 25.29 500
08:16 $ 25.26 100
08:16 $ 25.25 570
08:16 $ 25.26 100
08:16 $ 25.25 2,000
08:16 $ 25.25 400
08:16 $ 25.28 100
08:16 $ 25.28 100
08:16 $ 25.27 100
08:16 $ 25.28 100
08:16 $ 25.28 100
08:16 $ 25.28 300
08:16 $ 25.29 100
08:16 $ 25.28 100
08:16 $ 25.28 100
08:16 $ 25.29 650
08:16 $ 25.30 500
08:16 $ 25.30 200
08:16 $ 25.30 300
08:16 $ 25.30 500
08:16 $ 25.33 150
08:16 $ 25.35 500
08:16 $ 25.35 1,301
08:16 $ 25.33 100
08:16 $ 25.27 100
08:16 $ 25.35 500
08:16 $ 25.35 500
08:16 $ 25.35 299
08:16 $ 25.35 100
08:16 $ 25.36 500
08:16 $ 25.36 500



In nur einer Minute wohl gemerkt!!

Also wenn das mal keine Panik is

50% hab ich schon, mal schaun ob ich se heut vergolde

[Maverick22]

Was bei SOLF abgeht - versteht glaube ich keiner mehr - die reinste Panik der Shortseller - aber ich bin nur neidisch auf euch

[spoon79]

Antwort auf Beitrag Nr.: 34.124.795 von Maverick22 am 19.05.08 14:56:10

Mein EK bei Solarfun liegt bei 16 USD. Hätte nicht vermutet, dass es so einen Run gibt. Vielleicht sehen wir zum Ende der Woche die alten Höchststände wieder.

[Maverick22]

Antwort auf Beitrag Nr.: 34.124.999 von spoon79 am 19.05.08 15:19:09

ich bin halt bei CSIQ mächtig drinnen - aber das SOLF-Management hat einige Aktionen gemacht im Frühjahr die nicht so vertrauenserweckend waren - dieser Run ist auch nicht wegen Fundament-daten sondern reinster Short-Squezze - wäre aber gut zum Gambeln gewesen - ich kann bei CSIQ ruhiger schlafen.....

Aber ich kann mich natürlich täuschen und morgen kommen tatsächlich fantastische Zahlen wie bei CSIQ!

[SilberIgel]

Antwort auf Beitrag Nr.: 34.125.128 von Maverick22 am 19.05.08 15:32:38

Die Zahlen kommen erst übermorgen und ich sage alles was man noch unter 20 Öre kriegt ist geschenkt

[Kinkikatze]

mein EK 8,84
mein Dank geht an die ShortWeller
SL ist gesetzt
K.K.

[Kinkikatze]

Antwort auf Beitrag Nr.: 34.125.411 von Kinkikatze am 19.05.08 15:56:22

kaufe ein S und tausche gegen W

[meinolf67]

May 19, 2008 | about stocks: SOLF

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Solarfun Power Holdings (SOLF) is set to report earnings prior to the market open on Wednesday, May 21st. Solarfun is a leading global manufacturer of solar technology.

SOLF is expected to earn .15 cents per share for its 1st quarter of 2008. The most recent solar stock results lead us to believe Solarfun should announce earnings and revenues that will beat investors’ and analysts’ expectations.

The latest solar stocks to report earnings blew past expectations:

ReneSola (SOL) saw its sales triple and handily surpassed Wall Street’s expectations.

Canadian Solar (CSIQ) reported earnings of .61 cents per share while analysts thought Canadian would check in at .31 cents.

These exceptional results are probably what led Citigroup analyst Jim Liang to tell clients that “solar fundamentals are currently very strong, with the rising tide lifting all boats.”

When Solarfun’s shares have risen into earnings, the stock has lifted off in the days following its earnings announcements. Similar sizzling performance from SOLF could lead to explosive upside in SOLF’s share price as 35% of its float is sold SHORT.

Even if Solarfun’s report card falls a bit short of its peers, we feel SOLF’s shares are reasonably priced. Considering SOLF’s triple digit growth rate, a forward PE of 18 times 2008 expectations and a current Price to Sales Ratio of 2.5 seem relatively inexpensive to us.

Our short term outlook is buoyed by more than Solarfun’s earnings prospects, history of post earnings POPS, potential short squeeze and fair valuation.

Our analysis of SOLF’s chart is exceedingly optimistic. As you see in SOLF’s chart below, a recent spike in volume, acceleration in the stock price and the MACD breaking free from a 6 week consolidation to cross above zero all converge to bring The Correct Call to one conclusion: The stock has every reason to move a lot higher if management delivers the goods on Wednesday morning.

[xxtraderxx]

da nehmen aber noch einige gewinn mit in den usa

[lila-2000]

Antwort auf Beitrag Nr.: 34.128.974 von xxtraderxx am 19.05.08 21:57:05

Die geht heute schon noch wieder Hoch, auf neue Höchstkurse.
Morgen kommen die Geilen Zahlen!!!

[SharpRatio]

Ja, heute vor dem Open wirds ernst. Bei entsprechender Vorlage halte ich 20 Euro pro Aktie diese Woche für möglich. Auch andere chin. Solartitel reagierten heftig auf die Q1 Zahlen und honorierten Vorlagen mit tagelangen Runs. Ich kauf heute Nachmittag nochmal nach.

[nugget80]

Mal sehen was die Zahlen bringen, sind sie gut, vovon ich ausgehe knallt es heute richtig .Denke einige wussten in den letzten Tagen schon mehr darum ist der Kurs auch schon enorm gestiegen.

Nugget

[SilberIgel]

Wieviel Kurspotential seht ihr bei guten Zahlen ?

[Dere]

Antwort auf Beitrag Nr.: 34.139.695 von SilberIgel am 21.05.08 09:36:20

Was sind "gute" Zahlen?

Bei "nur" guten Zahlen wird SOLF um 20 % fallen.

PS: Ich habe eine Schätzung zu den Zahlen von SOLF. Aber nach dem
ich immer nur der einzige bin der vorab sich aus dem Fenster lehnt
und Schätzungen zu CSIQ und SOLF abgibt behalte ich sie diesmal für mich!

Gruß
Dere

[SilberIgel]

Antwort auf Beitrag Nr.: 34.139.984 von Dere am 21.05.08 10:00:30

Du bist der Spezialist auf dem Solarsektor
kannst du wenigstens sagen ob du von etwas sehr positivem ausgehst?

[SilberIgel]

Vom Chartbild her siehts jedenfalls nach einem Raketenstart aus

[nugget80]

Hier die Zahlen sieht nach einem Raketenstart aus !!!
Find die Zahlen Top


Solarfun Power Holdings Co., Ltd. (“Solarfun” or “the Company”) (NASDAQ:SOLF), an established vertically-integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today reported its unaudited financial results for the first quarter ended March 31, 2008.




2008 FIRST QUARTER RESULTS

Net revenue was RMB 1.20 billion (US$ 171.0 million), an increase of 529% from the fourth quarter of 2007.
PV module shipments showed good momentum, reaching 40.3MW, which represented 40% growth over 4Q2007 and 517% from the first quarter last year.
Average selling price (“ASP”) was strong at $4.07 and was significantly higher than the ASP of $3.85 in the fourth quarter of 2007. Spain and Germany saw particular pricing strength and the Company also benefited from the strong Euro during the period.
The geographic breakdown of net revenue was as follows: Spain 46%, Germany 36%, France 8%, Italy 6%, and Switzerland 4%. The company’s customer base remained diversified with only two customers accounting for over 10% of sales.
Gross profit was RMB 197.4 million (US$ 28.2 million), an increase of 502% from the same quarter last year.
As the Company had guided, gross margins softened slightly to 16.5% due primarily to higher polysilicon and wafer costs.
Operating profit was RMB 144.9 million (US$ 20.7 million), a rise of over 3300% from the same quarter last year and 56% from 4Q2007. Operating margins increased to 12.1%, as the Company managed to control operating costs, while revenues grew substantially.
Interest expense rose to US$ 3.8 million due to increased bank borrowing and the Company’s Convertible Senior Notes offering.
The Company recorded a currency gain of US$ 2.8 million as a result of the appreciation of the RMB relative to the U.S. Dollar.
Net income was RMB 107.0 million (US$ 15.3 million). The Company reported a small net loss in the comparable quarter in 2007.
Earnings per basic ADS were RMB 2.21 (US$ 0.32).
Harold Hoskens, CEO of Solarfun, noted, “During the first quarter, the Company was able to achieve both record shipments and profits in spite of tight supply and price increases of raw materials. Our customer demand is robust, pricing for our products remains strong, and we have good control of our operating expenses and improved working capital management.”

FIRST QUARTER 2008 FINANCIAL RESULTS

The Company’s total net revenue in the first quarter of 2008 was RMB 1.20 billion (US$ 171.0 million), representing an increase of 529% from RMB 190.7 million in the first quarter of 2007 and an increase of 21% from RMB 987.8 million in the fourth quarter of 2007. The increase was primarily due to an increase in shipments and an increase in ASP in the first quarter of 2008. Total net PV module shipments and ASP were 40.3MW and US$ 4.07 per watt in the first quarter of 2008 compared to 28.1MW and US$ 3.85 per watt in the fourth quarter of 2007 and 6.5MW and US$ 3.77 per watt in the first quarter of 2007.

Gross profit in the first quarter of 2008 was RMB 197.4 million (US$ 28.2 million), representing an increase of 501.5% from RMB 32.8 million in the first quarter of 2007 and an increase of 13.1% from RMB 174.5 million in the fourth quarter of 2007. The gross margin decreased to 16.5% from 17.2% in the first quarter of 2007, and from 17.7% in the fourth quarter of 2007. The sequential decrease in gross margin was largely attributable to the higher costs of silicon-based materials in the first quarter of 2008.

Income from operations in the first quarter of 2008 was RMB 144.9 million (US$ 20.7 million), or 12.1% of total net revenue, compared RMB 4.3 million, or 2.2% of total net revenue in the first quarter of 2007, and to RMB 92.7 million, or 9.4% of total net revenue in the fourth quarter of 2007. The decrease in operating margin was mainly due to the increase in gross profit and relatively constant total operating costs. In addition, the Company generally incurred lower operating costs during the early part of the year.

Net income attributable to ordinary shareholders in the first quarter of 2008 was RMB 107.0 million, compared to net loss of RMB 2.5 million in the first quarter of 2007, and to net income of RMB 66.4 million in the fourth quarter of 2007. Basic net income per ADS in the first quarter of 2008 was RMB 2.21 (US$ 0.32) per ADS, compared to net loss of RMB 0.05 per ADS in the first quarter of 2007, and to net income of RMB 1.38 per ADS in the fourth quarter of 2007.

FINANCIAL POSITION

As of March 31, 2008, the Company had cash and cash equivalents of RMB 595.2 million (US$ 84.9 million) and working capital of RMB 2.34 billion (US$ 334.0 million). Total bank borrowings were RMB 1.17 billion (US$ 167.3 million). On January 29, 2008 the Company placed US $172.5 million of Convertible Senior Subordinated Notes due 2018.

Net accounts receivable rose to RMB 674.6 million (US$ 96.2 million) due to the higher level of revenue, but continued focus on cash management practices reduced Days Sales Outstanding (DSO’s) to 42, down materially from the 91 days in the first quarter of 2007.

Capital outlays during the First Quarter totaled US$ 149.3 million, of which US$ 40.5 million was for capital expenditures and US$108.8 million was for pre-payments to suppliers.

BUSINESS OUTLOOK

Based on current operating trends and other conditions, the Company’s outlook is as follows:

For 2Q2008, management expects:

Demand to remain strong, with shipments between 40-45 MW and ASP’s around $4.00 based on current contracted pricing. However, the continuing decline in the value of the Euro could impact this ASP assumption.
Gross margin to continue to be impacted by higher silicon costs with further declines from the level seen in 1Q08.
For the full year 2008:

The Company raises its previous guidance of 160 MW in shipments to a range of 160-180 MW. Visibility on ASP in the second and third quarters of 2008 is good, although incentive changes in Spain and Germany could lead to less visibility on ASP’s beginning in the fourth quarter of 2008.
The 120 MW cell capacity expansion to our Qidong facility is expected to be completed by the early part of 3Q2008, which will raise aggregate annual manufacturing capacity (or “total nameplate capacity”), to 360 MW. In anticipation of improving polysilicon supply and in recognition of long lead time deliveries for certain equipment, the Company will continue to pursue its vertical integration strategy by expanding production capacity at its 52%-owned ingot manufacturing facility - Jiangsu Yangguang Solar Technology Ltd. In addition, the Company has begun development of a wire saw facility in Qidong. Over time, these programs are expected to improve the Company’s ability to control production costs, improve quality and secure reliable delivery of wafers.
Harold Hoskens, Chief Executive Officer, concluded, “We believe we are well positioned to take advantage of the continued burgeoning growth of PV demand. We are growing well in excess of the overall industry, securing good long-term relationships with key customers, are focused on improving our quality, and are building scale through a vertically-integrated business model which should allow us to maintain our ability to compete effectively from a low-cost production base.”

Conference Call:

Management will host a conference call to discuss the results at 8:00 am U.S. Eastern Time (8:00 pm Shanghai time) on May 21, 2008.

- U.S. Toll Free Number: [phone]
- International dial-in number: [phone]
- China Toll Free Number: [phone]
Passcode: SOLF


A live webcast of the conference call will be available on the investor relations section of the Company’s website at: http://www.solarfun.com.cn. A replay of the webcast will be available for one month.

A telephone replay of the call will be available for twenty-four hours after the conclusion of the conference call. The dial-in details for the replay are as follows:

- U.S. Toll Free Number: [phone]
- International dial-in number: [phone]
Passcode: 74083898

Foreign Currency Conversion

The conversion in this release of Renminbi into U.S. dollars is made solely for the convenience of the reader, and is based on the noon buying rate in The City of New York for cable transfers of Renminbi as certified for customs purposes by the Federal Reserve Bank of New York as of March 31, 2008, which was RMB7.0120 to US$1.00. No representation is intended to imply that the Renminbi amounts could have been, or could be, converted, realized or settled into U.S. dollars at that rate on March 31, 2008, or at any other date. The percentages stated in this press release are calculated based on Renminbi amounts.

Financial Statements


SOLARFUN POWER HOLDINGS CO., LTD.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Amounts in thousands of Renminbi ("RMB") and U.S. dollars ("US$"),
except for number of shares and per share data)

For the three months ended
March 31 December 31 March 31 March 31
2007 2007 2008 2008
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
RMB RMB RMB USD
Net revenue
Photovoltaic modules 190,475 804,164 1,151,507 164,220
Photovoltaic cells 266 50,025 29,734 4,240
Photovoltaic cells processing - - - -
PV modules processing - 5,876 - -
Others - 127,706 18,088 2,580

Total net revenue 190,741 987,771 1,199,329 171,040

Cost of revenue
Photovoltaic modules (157,700 ) (653,667 ) (958,882 ) (136,749 )
Photovoltaic cells (225 ) (47,476 ) (27,918 ) (3,981 )
Photovoltaic cells processing - - - -
PV modules processing - (2,014 ) - -
Others - (110,110 ) (15,136 ) (2,159 )

Total cost of revenue (157,925 ) (813,267 ) (1,001,936 ) (142,889 )

Gross profit 32,816 174,504 197,393 28,151

Operating expenses
Selling expenses (6,438 ) (23,167 ) (21,989 ) (3,136 )
G&A expenses (15,892 ) (50,153 ) (25,685 ) (3,663 )
R&D expenses (6,224 ) (8,506 ) (4,784 ) (682 )

Total operating expenses (28,554 ) (81,826 ) (52,458 ) (7,481 )

Operating profit 4,262 92,678 144,935 20,670

Interest expenses (5,308 ) (11,293 ) (26,669 ) (3,803 )
Interest income 9,557 (1,805 ) 2,381 340
Exchange losses (11,253 ) (3,307 ) 19,430 2,771
Other income 1,050 (7,552 ) 2,011 287
Other expenses (331 ) (2,032 ) (12,323 ) (1,757 )
Value of embedded foreign currency derivative - - - -
Government grant 20 1,369 124 18

Net income (loss) before income tax and minority interest
(2,003 ) 68,058 129,889 18,526


Income tax benefit / (expenses) (424 ) (3,814 ) (19,488 ) (2,779 )
Minority interest (105 ) 2,199 (3,363 ) (480 )

Net income (loss) (2,532 ) 66,443 107,038 15,267

Net income attributable to ordinary shareholders
(2,532 ) 66,443 107,038 15,267



Net income / (loss) per share


Basic (0.0105 ) 0.2759 0.4424 0.0631
Diluted (0.0105 ) 0.2759 0.4424 0.0631

Shares used in computation
Basic 240,023,776 240,807,142 241,954,744 241,954,744
Diluted 240,023,776 240,807,142 241,954,744 241,954,744



Net income / (loss) per ADS


Basic (0.0527 ) 1.3796 2.2119 0.3155
Diluted (0.0527 ) 1.3796 2.2119 0.3155

ADSs used in computation
Basic 48,004,755 48,161,428 48,390,949 48,390,949
Diluted 48,004,755 48,161,428 48,390,949 48,390,949



SOLARFUN POWER HOLDINGS CO., LTD.
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands of Renminbi ("RMB") and U.S. dollars ("US$"),
except for number of shares and per share data)


December 31 March 31 March 31
2007 2008 2008
(Unaudited) (Unaudited) (Unaudited)
RMB RMB US$
ASSETS
Current assets
Cash and cash equivalents 272,928 595,158 84,877
Restricted cash 42,253 474,725 67,702
Accounts receivable, net 430,692 674,629 96,211
Inventories, net 728,480 760,775 108,496
Advance to suppliers 640,118 1,121,311 159,913
Other current assets 218,918 155,767 22,214
Deferred tax assets 3,026 4,381 625
Amount due from related parties 920 917 131
Amount due from shareholders - - -

Total current assets 2,337,335 3,787,663 540,169

Non-current assets
Fixed assets – net 702,884 857,612 122,306
Intangible assets – net 94,282 93,800 13,377
Deferred tax assets 4,767 4,936 704
Long-term deferred expenses 209,946 200,026 28,526
Long-term investment 300 300 43


Total non-current assets 1,012,179 1,156,674 164,956

TOTAL ASSETS 3,349,514 4,944,337 705,125

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Short-term bank borrowings 980,002 1,003,082 143,052
Long-term bank borrowings, current portion - - -
Accounts payable 141,709 187,965 26,806
Notes payable - - -
Accrued expenses and other liabilities 135,396 142,199 20,279
Customer deposits 27,628 90,654 12,928
Amount due to related parties 92,739 21,851 3,116
Amount due to shareholders - - -

Total current liabilities 1,377,474 1,445,751 206,181

Non-current liabilities
Long-term bank borrowings, non-current portion - 170,000 24,244
Convertible notes payable - 1,210,778 172,672
Long term payable - 10,000 1,426
Deferred tax liability 9,038 8,990 1,282

Total non-current liabilities 9,038 1,399,768 199,624

Minority interests 100,420 111,783 15,942


Temporary equity - 32 5


Shareholders’ equity
Ordinary shares
(par value US$0.0001 per share; 400,000,000 shares authorized; 241,954,744 shares and 241,954,744 issued and outstanding at December 31, 2007 and March 31, 2008, respectively) 194 194 28
Additional paid-in capital 1,601,853 1,619,236 230,924
Statutory reserves 37,548 50,935 7,264
Retained earnings 222,987 316,638 45,157

Total shareholders’ equity 1,862,582 1,987,003 283,373

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 3,349,514 4,944,337 705,125


Safe Harbor Statement

This news release contains forward-looking statements, as defined under the Private Securities Litigation Reform Act of 1995, such as the Company’s business outlook for 2008, including first quarter and full year 2008 estimates for net revenue, PV product shipments, raw materials and product prices, PV cell production capacity and gross margins. Forward-looking statements involve inherent risks and uncertainties and actual results may differ materially from such estimates depending on future events and other changes in business climate and market conditions. Solarfun disclaims any obligation to update or correct this information.

About Solarfun

Solarfun Power Holdings Co, Ltd. manufactures both PV cells and PV modules, provides PV cell processing services to convert silicon wafers into PV cells, and supplies solar system integration services in China. Solarfun produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors, OEM manufacturers and directly to system integrators. Solarfun was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. SOLF-G

http://www.solarfun.com.cn


Solarfun Power Holdings Co., Ltd.
Investor Relations, 86 21-6306-8907
[e-mail]
or
Christensen
Peter Homstad, [phone]
phomstad@ChristensenIR.c

[Longvest]

Jetzt gehts los - die Zahlen müssen anscheinend draussen sein.

[nugget80]

Ja siehe ein Posting vor dir??

[dicki31785]

Zahlen sind mehr als solide...wenn man was rauspicken moechte was nicht so gut war...die marge wurde ein bissl gedrueckt aber sonst sehr gut!!!Viel freude an weiteren gewinnen mfg CW

Long TSL, ABX, STP

[nugget80]

Was werden euerer Meinung nach die Amis aus den Zahlen machen
sollte man vor deren Eröffnung am besten noch mal kräftig zulangen .Denke heute fliegt der Deckel mit den Zahlen im Rücken weg!!!


Nugget

[dicki31785]

Antwort auf Beitrag Nr.: 34.141.710 von nugget80 am 21.05.08 12:54:53

amis sind schon bei 29 angekommen...

[SilberIgel]

Denke am besten nochmal nachkaufen bevor sie über 20 Öre sind

[SilberIgel]

Laut Chartbild wird der Ausbruch größer als letztes mal vieleicht gehts sogar auf 35 Euro

[nugget80]

Bin ich froh das ich bei der jüngsten Schwäche noch verbilligt habe als sie so runtergeprügelt wurde bin gespannt was der Tag noch bringt und ich muss jetzt arbeiten gehen aber morgen ist bei uns ein Feiertag dann kann ich dabeibleiben passt mir gut auf unsere Solarfun auf.

Nugget

[SilberIgel]

Geht klar

[spoon79]

An den Margen haben sich viele aber "aufgegeilt". Bis jetzt schauts noch gut aus, aber ob es wirklich Richtung 20€ geht???

[spiritrob]

Antwort auf Beitrag Nr.: 34.141.903 von spoon79 am 21.05.08 13:13:16

funtastische 19,40 haben wir schon

[xKrasherx]

in Deutschalnd wird viel zu wenig gehandelt, aber in zwei stunden gehts hier ab

[Snare]

Das habe ich von Yingli auch gedacht. Gute Zahlen. Anfängliche
Kurssteigerung; und jetzt?

Vorsicht ist geboten ..

[Dionicar]

kann jemand was sagen zur prognose für dieses jahr oder fürs 2 Quartal???
Wurden sie angehoben und wenn wieviel......

[JexiJason]

wie sieht vorbörslich aus leute

gruß JJ

[spoon79]

Es wird wie bei Yingli wieder ind dieselbe Kerbe gehauen. Die Marge. Bei Yingli waren es 0,1% weniger und der Kurs viel von 28 USD auf jetzt 23,5 USD.

[SilberIgel]

Die Amis drücken den Kurs und Sammeln alles unter 30 Dollar ein und

[Maverick22]

SOLF ist teurer als CSIQ und hat um 1/4 weniger Gewinn gemacht als CSIQ im 1. Quartal, niedrigere Marge auch noch!!!!!! und keine UMG-Technologie!

[Dere]

Trimming Trina on Solarfun's Beat and Suntech's Earnings
by: Trader Mark posted on: May 22, 2008 | about stocks: SOLF / STP / TSL

Former fund holding Solarfun Power (SOLF) has had an enormous run here capped off by an impressive earnings report . While I thought they would beat, their ability to increase MW shipped was far better than I expected (40% sequential), so revenue exploded higher, driving EPS way past analysts expectations. Average Selling Price also continues to surpass my expectations for the entire sector. Gross margins were "weak" (in my book) at only 16.5% but most solar investors could care less - they only look at the earnings beat.

* Net revenue was RMB 1.20 billion (US$ 171.0 million), an increase of 529% from the fourth quarter of 2007.
* PV module shipments showed good momentum, reaching 40.3MW, which represented 40% growth over 4Q2007 and 517% from the first quarter last year.
* Average selling price (“ASP”) was strong at $4.07 and was significantly higher than the ASP of $3.85 in the fourth quarter of 2007. Spain and Germany saw particular pricing strength and the Company also benefited from the strong Euro during the period.
* The geographic breakdown of net revenue was as follows: Spain 46%, Germany 36%, France 8%, Italy 6%, and Switzerland 4%. The company’s customer base remained diversified with only two customers accounting for over 10% of sales.
* As the Company had guided, gross margins softened slightly to 16.5% due primarily to higher polysilicon and wafer costs.
* Earnings per basic ADS were RMB 2.21 (US$ 0.32). (vs analysts .16)

A main takeaway - just imagine if this company had similar gross margins to peers, i.e. 22-24%. When the polysilicon shortage reverses, we could have some very impressive quarters from a few of these players - looks like it will be 2009 though, rather than 2008.

With Suntech Power (STP) reporting tomorrow, my caution about that name, and the fact Trina Solar (TSL) now looks like it will report next week instead of this week - combined with the fact the solar sector is way overextended, I am going to cull Trina Solar (TSL) here near $52. Again to put it into perspective, Trina should report gross margins in 23-24% range (they did 27% last quarter) - so if they can expand their production (still a question) they should easily beat their number as well. But if the sector sells off (which it is well overdue to do) it will fall with the rest of them. So I am cutting back now back to a (still overweight) 4.9% stake.

Again, I expect a very good report, but Trina is reporting at the tail end of a major move in the sector - unfortunately, timing is everything and the clock is striking near midnight for the solar sector run... that is the only reason I am culling this position a bit (to lock in profits). I created most of my Trina Solar position early last week in the low to mid $40s range, adding 3-4% once it broke over resistance at $46 [May 14: Been Building Trina Solar this Week], so this is a tidy profit for a week's work.

Of course I wish Trina had run like Solarfun, but I can only go with what I perceive as the best fundamentals; we can never predict who gets the hype and when daytraders will be piling in. I'll look to add more to Trina if we get a pullback to $46.

-----------------

Der Druchschnitt der Analysten rechnen für SOLF für 08 mit einem
EPS von 0,71. Für 2009 EPS von ca. 1,20 USD

Naja jetzt haben wir im 1 Quartal schon 0,32 erreicht...
Bin mal gespannt wann die Analysten ihre Schätzungen erhöhen.
Das gleiche gilt nat. auch für CSIQ und die meisten anderen Solaris.

Gruß
Dere

[lilablau]

Antwort auf Beitrag Nr.: 34.150.728 von Dere am 22.05.08 13:21:18

Wie weit wird es noch nach unten gehen?
Wieder auf 9 euro?

[gilmor]

Nach soeinem Absturzt kommt auf jedemfall eine Kurs-Korrektur. Man kann gespannt sein auf welchem Nievau wir Heute noch steigen werden. 23 oder 24 $ ???

[Dere]

Goldman: We Missed The Run-Up in Solarfun (SOLF), But Now We Want You To Sell

Shares of Solarfun Power Holdings Co. Ltd. (Nasdaq: SOLF) are under pressure today, losing 16% of their value, after Goldman Sachs downgraded the stock to Sell. Goldman said the premium valuation of SOLF is unwarranted given muted top-line growth and looming margin and cash flow pressure.

Why follow Goldman's advice on the stock now? Goldman, considered the ax in many stocks they follow, completely missed the run-up in Solarfun Power. Goldman had a Neutral rating on the stock since June 2007, meanwhile SOLF moved up over 100% since that time.

----------



Ich denke spätestens in dem Bereich zwischen 16-18 USD könnte eine
Bodenbildung erfolgen. So eine Sell-Empfehlung von Goldmann hat
ganz schön Power gehabt gestern auf unsere Solaris...gut für alle
die auf dem Zug noch nicht dabei waren.

Gruß
Dere

[Longvest]

Wie lange werden Anleger sich eigentlich noch an Kommentaren und Analysen von amerikanischen Gehirnakrobaten orientieren, die ihr eigenes Disneyland mit drittklassigen Finanzgeschäften in den Ruin getrieben haben und jetzt ganz offensichtlich versuchen, mit dem Rücken an der Wand ihre nahezu am Boden liegende Wirtschaft mittels mutwilliger Negativanalysen vor einer nicht mehr aufzuhaltenden europäischen und asiatischen Wirtschaftskonkurrenz zu schützen. Wirklich paradox ist dabei, daß diese Gehirnakrobaten finanziell von asiatischen Großbanken gestützt werden mussten und zwischenzeitlich eigentlich von deren Geld bezahlt werden. Hat man in den USA eigentlich je daran gedacht, was passiert, wenn der internationale Finanzmarkt eines Tages von Analysten beurteilt wird, die nicht mehr in New Nork, sondern in London, Frankfurt, Hongkong usw. sitzen? Ob dann z.B. eine FSLR noch mit nahezu 200 Euro bewertet bleibt, bezweifle ich sehr.

Bei allem amerikanischen Aufbäumen und trotz aller von dort ausgehenden negativen Beurteilungen - fundamentaler und kontinuierlicher wirtschaftlicher Aufschwung findet unverkennbar in China und Indien statt. Deshalb bleibe ich dort investiert - z.B. in Renesola, Trina, Yingli, STP, Solarfun, LDK, Tata Steel, State Bank of India, ICICI Bank, Grasim Industries usw.. Ganz einfach, weil ich dazu kein adäquates amerikanisches Unternehmen finde und weil ich mir von GS auch keines verkaufen lasse.

[spoon79]

Antwort auf Beitrag Nr.: 34.157.060 von Longvest am 23.05.08 10:32:07

Die Frage ist: Wer braucht Analysten eigentlich??
Die Frage ist jetzt ernst gemeint? Wenn ich als Investor mit einem Millionenbetrag bei SOLF oder sonstwo einsteige, dann werde ich mich doch vorher selber gut informieren, anstatt auf das Kommentar eines Analysten zu hören.
Der kleine Anleger, der Kurse eh nicht beeinflußen, bekommt immer zu hören, dass Analysten nicht gerade unabhängig sind. Die werden sich also auch nicht danach richten.
Also, wer braucht die Kommentare nun?

[gilmor]

Bin gespannt, wann der Run einsetzt und der Kurs nach oben explodiert. Nach der momentanen Situation ist sehr viel Spielraun nach obenhin. Welche Kurse werden wir Heute erziehlen?

[MontPelerin]

Antwort auf Beitrag Nr.: 34.157.060 von Longvest am 23.05.08 10:32:07

Investier halt nicht in NASDAQ-gelistete Unternehmen, wenn Dich das Land so ankotzt.

Man könnte sich auch mal fragen, ob ein in der Spitze 100%-Sprung eines Kurses in ein paar Wochen normal und nachhaltig sein kann...

[Kinkikatze]

mein SL wurde bei € 15.23 bedient, aber schon vor 3 Tagen.
Warte noch bis Montag und bin dann bestimmt wieder dabei.

Schönen Tag noch
K.K.

[SilberIgel]

Wie schätzt ihr das Ganze ein geht´s nochmal runter auf 11 Euro oder war´s das jetzt und es wird auf 20 Euro durchgestartet
der Dow Jones scheint ja auf 12000 zu wollen oder ?

[meinolf67]

OPEL To Market Solarfun Panels In North America And Brazil
in News Departments > Projects & Contracts
by SI Staff on Friday 30 May 2008
email the content item print the content item

OPEL International, a developer and supplier of concentrating photovoltaic panels, has entered an agreement with Solarfun Power Holding Co. Ltd. to market Solarfun's line of solar panels in North America and Brazil.

The solar panels are listed with both the Underwriters Laboratories and California Energy Commission, making them eligible to participate in the solar incentive programs of various U.S. states. The panels also integrate seamlessly with OPEL's product line of solar trackers for ground and rooftop installations.

"The addition of the Solarfun panels to our product line allows us to offer our customers a complete range of solutions that can better meet the needs of their applications," says Frank Middleton, vice president of marketing for OPEL.

SOURCE: OPEL International

[meinolf67]

06.06.2008 15:20
Solarfun präsentiert auf der Intersolar 2008 220 Wp-Module und BIPV-Solarmodule
Qidong, China (ots) - Solarfun Power hat heute bekannt gegeben, dass das Unternehmen auf der Intersolar 2008, Europas größter Messe für Solartechnik vom 12. bis 14. Juni 2008 in München, seine 220 Wp-Modulserie und die gebäudeintegrierten Photovoltaikmodule (Building-integrated photovoltaics, BIPV) vorstellen wird.

Die 220 Wp-Module von Solarfun umfassen neue, größere Module, die noch höhere Leistungen liefern. Bei den größeren Modulen kommen Solarzellen mit einer Fläche von 156 mm2 zum Einsatz, sodass Maximalanlagenspannungen von 1.000 V erreicht werden können. Die 220er Serie von Solarfun (mono- und multikristallin) wird zudem nach TÜV/IEC 61215 zertifiziert und ergänzt das Angebot auf der Intersolar 2008.

Mit verstärktem Rahmen und hochwertigem Glas sind diese hochleistungsfähigen Module ideal für alle Installationsarten geeignet, angefangen bei Dächern auf Wohnhäusern, bis hin zu umfangreichen Gewerbe- oder Freilandanlagen.

Nach Investitionen in Höhe von mehreren Millionen Euro und zahllosen Stunden Entwicklungsarbeit sowie Testläufen, kann Solarfun jetzt endlich die BIPV-Produkte in sein Angebot aufnehmen. Die BIPV-Module von Solarfun entstehen, indem kristalline Zellen zwischen zwei Glasflächen gesetzt werden. Dank dieses Designs können Sonnenstrahlen durch Abstände zwischen den Zellen hindurchtreten, wodurch die BIPV-Module von Solarfun ideal für den Einsatz als Sonnenschutzfenster oder bei Verschattung geeignet sind, sodass Wände oder Dachfenster überflüssig und transparente Dachstrukturen möglich werden.

Die Produktlinie vereint die Vorteile der erneuerbaren Energien mit der Funktion als ästhetischer Schattenspender in einer Komplettlösung und wurde im Hinblick auf einen weiteren entscheidenden Erfolgsfaktor entwickelt - Flexibilität. Die BIPV-Module von Solarfun können hinsichtlich Modulgröße und Zellentyp wie auch Zellenabstand maßgeschneidert werden, um speziellen Gebäude- und Projektanforderungen Rechnung tragen zu können.

Neben der Präsentation der neuen Produktreihen freut sich Solarfun darauf, auf der Intersolar 2008 in Halle B4, Stand 370 Partner aus dem Bereich Solarenergie zu treffen.

[lustigerbalu]

Antwort auf Beitrag Nr.: 34.255.364 von meinolf67 am 06.06.08 15:50:41

So lange hier und den anderen Threads der chinesichen Solarbranche nur wenig steht haben wir noch sehr viel Spielraum.

[waxweazle]

http://www.wallstreet-online.de/diskussion/1142190-1-10/wax-…

[Kinkikatze]

Güße an alle Investierten.

Aus dem Yahoo Board:
Nach dem Affen kommt die eigentliche Einschätzung betr. Solf.
K.K.

http://www.easyinvestmentforu.info/

[meinolf67]

30.06.2008 12:04
Solarfun Announces New Business Developments
Klicken Sie jetzt

Solarfun Power Holdings Co., (News) Ltd. (”Solarfun“ or ”the Company“) (NASDAQ:SOLF), an established vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today announced several major business developments. Jiangsu Linyang Solarfun Co., Ltd, a 100% subsidiary of Solarfun (”Linyang Solarfun“), has entered into a long-term polysilicon supply agreement with Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd., a subsidiary of GCL Silicon Technology Holdings Ltd. (”GCL Silicon Technology“'). Solarfun has also entered into an agreement to purchase the remaining 48% stake in Jiangsu Yangguang Solar that it did not own.

Long-term Supply Agreement with GCL Silicon Technology

Under an agreement dated June 22, 2008, GCL Silicon Technology will supply Solarfun with virgin polysilicon sufficient to produce approximately 1.2 gigawatts (”GW“) of solar modules in aggregate over eight years. Deliveries begin immediately. This agreement provides further security for the Company's ability to meet its polysilicon needs and reach its target of 160 to 180 MW of module shipments in 2008.

Harold Hoskens, Chief Executive Officer of Solarfun, commented, ”This agreement is an important addition to Solarfun's existing supply arrangements for silicon-related materials. The agreement helps improve visibility of our long-term polysilicon supply and strengthens our ability to execute our vertical integration strategy. The new supply will help reduce our costs, improve our quality, and allow us to gain greater control over our future delivery schedule and better leverage our recent wire saw investment.“

Hunter Jiang, CEO of GCL Silicon Technology noted, ”We are very happy to sign this contract with Solarfun. We already have a good relationship with them and we look forward to building on this in the coming years. We plan to continue to expand our production capacity in order to meet the growing demands of our customers.“

Solarfun Purchases Remaining 48% Stake in Jiangsu Yangguang Solar

On June 23, 2008, Linyang Solarfun also entered into an agreement to acquire the remaining 48% equity interest in Jiangsu Yangguang Solar Technology Co. Ltd. (”Yangguang Solar“) from Nantong Linyang Electric Power Investment Co., Ltd. (”Linyang Electric“) (as to 18%), Jiangsu Qitian Group Co., Ltd. (as to 20%), and Jiangsu Guangyi Technology Co., Ltd. (as to 10%) for an aggregate consideration of approximately RMB355 million (US$51.5 million1), to be paid in installments. As Linyang Electric is 70% owned by Solarfun's founder, Chairman and significant shareholder, Mr. Yonghua Lu, this transaction was also separately approved by the Company's audit committee, which is composed entirely of independent directors. Linyang Solarfun had previously acquired a 52% equity interest in Yangguang Solar Linyang Electric in August 2007. The latest agreement will allow Linyang Solarfun to acquire the remaining stake and take full control of the company. Formal completion of the transaction is subject to customary due diligence and closing procedures.

Yangguang Solar is engaged in silicon ingot production. It is expected to rapidly expand production capacity to 200MW by year-end 2008 and 300MW by year-end 2009.

”This agreement is a significant development for Solarfun,“ said Mr. Hoskens. ”It is key to further advancing the execution of our vertical integration strategy. It will better enable Solarfun to align silicon specifications and quality along the value chain to bring the best value products to our customers. In the time that we have been involved with Yangguang Solar, we have been impressed with both its ability to ramp up capacity and its ingot quality. Bringing together the capabilities of the teams from both Yangguang Solar and Solarfun will allow us to better serve our customers.“

About Solarfun

Solarfun Power Holdings Co, Ltd. manufactures silicon ingots and PV cells and modules and supplies solar system integration services in China. The Company produces both monocrystalline and multicrystalline silicon cells and modules. Solarfun sells its products through customers located in many countries. The Company was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. SOLF-G

[meinolf67]

30.06.2008 15:05
Canadian Solar signs 10-year wafer supply pact with LDK Solar

BOSTON (Thomson Financial) - Canadian Solar Inc. (News) Monday said it has signed a ten-year supply contract with LDK Solar Co. Ltd. (News) for an additional 800 megawatts of solar wafers through 2018.

The new ten-year supply contract is in addition to the three-year supply contract signed between Canadian Solar and LDK Solar in October 2007.

Delivery under the new agreement is expected to start in July 2009, with about 40 megawatts being shipped in 2009 and about 80 megawatts annually in 2010 and beyond, the company said.

Shares of Canadian Solar rose 4.7% to $40.38 in premarket trades. Shares of LDK Solar closed Friday at $39.82.

Casey Logan

[Dere]

Solorfun Power: When Markets Are Irrational
by: Robert Nilsen posted on: July 03, 2008 | about stocks: SOLF



BREAKING NEWS. The world has an enegry crisis. The price of oil is rising. The sun provides more potential energy on a daily basis than fossil fuels do in a year.

CONVENTIONAL WISDOM. If something is appears too good to be true, it generally is. Eventually solar panels will become a commodity (think computer chips - Intel / AMD) and prices will find their equillibrium (think calculators, cell phones, VCRs) levels.

But when will solar panels become commodities? That is the $64,000 (for us baby boomers) questions.

There have been many excellent blogs and postings regarding the solar industry to include detailed analysis of the industry as a whole as well as specific companies. I applaud the efforts of those posters and they should be commended for their contributions.

I am making no attempt to duplicate or question their work products.

I am invested in Solorfun Power (SOLF). Don't ask me why I made my initial investment about a year ago. If I gave you an honest answer you would probably stop reading this right now .... and I would not blame you.

But for now - and the past year or so - I have done fairly extensive analysis of the company and am very fearful that maybe, just maybe ...... this may be too good to be true.

Before I proceed further, a few items related to disclosure. I made a few bucks along the way as an accountant (among other pursuits) and a college proffessor teaching that same subject (and a few others). Check my bio if you wish. As a result, I have made certaind adjustments to the published financial statement of SOLF (most recently as at March 31, 2008).

On the profit and loss side, I exclude R&D expenses. These are not expenses, they are investments! I do not believe in Goodwill. Any classification that includes the word "deferred" is a figment of an accountant's imagination. Income taxes are recorded ... sometimes paid .. sometimes adjusted .. sometimes "deferred." Currency translations are most "cool" but are as relevant as the number of yen to the US dollar after converting to the Italian Lira (oops .. Italy went to the Euro. Sorry!)

Based on the above, here are a few stats for your consideration. Revenues are growing 6 fold (I do not use percentages .. I get easily confused when a percentage increase if over 100%.) Per my definition of Operating Profit, a 7+ fold is occurring.

The current ratio is 2.5. Days inventory on hand is declining to 68.3 days .. still a bit high but heading in the right direction. DSO (Days Sales Outstanding) in Accounts Receivable is a problem .. both in trend and absolute amount ... at 68 days, Cash and advances as a percentage of Bank Borrowings in 91%.

Enough. Sorry to bore you.

I think this stock is a fantastic short and intermediate BUY. I am not a trader. A very small percentage of my portfolio (and net worth) is at risk here. I am 60 years old and 10 years from now I may be "pushing daisies" in the words of my departed father .... but once in a while markets are irrational .. and this may just be one of those times.

Should this post generate any interest, I would be delighted to send my spreadsheet analysis to any and all interested parties.

In Espanol, Via Con Dios!

[Dere]

The 'Problem' With Solar Companies is Not Really a Problem
by: Raven Lebeau posted on: July 03, 2008 | about stocks: AKNS / CSIQ / ESLR / JASO / LDK / SOL / SOLF / STP / TSL / YGE


The news Tuesday that a Goldman Sachs analyst had downgraded Trina Solar (TSL) sent Trina and several of its competitors on a downswing. The analyst cited “cash flow concerns” that applied not only to Trina, but to “many” other solar companies as well. In the afternoon, the Motley Fool chimed in with the insight that companies like Solarfun (SOLF) and ReneSola (SOL) aren't doing nearly as well as their accounting numbers might let on.

That's right, folks. Forget all those pesky little digits. Nobody likes math anyway. It's better to base your financial decisions on vague, unsupported opinions from people who, for all you know, have a vested interest in your agreement.

As long as you're on the vague-opinions-from-shady-sources kick- here's one! Buy solar. I say that as someone with a few short puts. So you know you can trust me.

No? You're not convinced? Well, my friend, it's my word against their's, so lets bring in a tie breaker- the numbers.

Between 2005 and 2006, Solarfun's cost of revenue tripled. However, its net profits increased by a factor of seven. Why? Because part of their growth strategy is cost cutting. In 2007, the growth continued, albeit at a slower pace. In the first quarter of 2008, Solarfun earned $0.32/ADS.

The return on equity for Solarfun was 22.31% in first quareter 2008, compared to 8.36% in 2007. That's almost a threefold increase in ROE! Moreover, Solarfun just entered a business agreement that will decrease raw materials costs.

So what's the problem? The Goldman Sachs analyst and those who parrot his analysis cite concerns about the level of debt on Solarfun's balance sheet. The company is making money. That's a fact that no one can dispute. However, they might possibly have problems being able to pay that debt if their income suddenly and substantially decreased.

Yes, you read that right. Really.

The “problem” with Solarfun, Trina, ReneSola, and the other solar companies is the same “problem” that every corporation in the world has. They need to continue to make money in order to repay their debts. It's that simple.

Check out the numbers on Trina, ReneSola, and the other supposedly shaky solar companies. Make a decision for yourself once you have the data in front of you and have assessed the situation. Don't take my word for it. Don't take anyone's word for it. The numbers are right there, telling us all we can ever really know about a company-- its past. As far as what might happen if they were to lose their income, that's pure speculation.

The analyst says, “If they don't keep earning, they won't be able to pay off their debt!” Well, guess what? If they quadruple their earnings and halve their costs next year, they'll have a profit that is more than three times the sum of their profit and their cost from this year! It's true!

And nobody cares. Why? Because we don't know if they can quadruple their revenue and halve their cost. And we don't know if they'll have a sudden drastic drop in income that will make them unable to pay their debt.

All we do know, the only information we have, is what has happened. And what has happened is some very impressive growth.

[Dere]

Chinesischer Photovoltaik-Produzent Solarfun unterzeichnet Polysilizium-Langzeitbezugsvertrag und kauft restliche Anteile an Jiangsu Yangguang Solar

14.07.2008 Quelle: Robert Bürkle GmbH Solarserver.de © Heindl Server GmbH

Die Solarfun Power Holdings Co., Ltd. ("Solarfun"; Shanghai, China), ein vertikal integrierter Hersteller von Siliziumblöcken, Photovoltaik-Zellen und -Modulen, berichtet, Jiangsu Linyang Solarfun Co., Ltd, eine hundertprozentige Tochtergesellschaft von Solarfun ("Linyang Solarfun"), habe einen Langzeitvertrag zur Lieferung von Polysilizium mit der Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd. geschlossen, einer Tochtergesellschaft von GCL Silicon Technology Holdings Ltd. Solarfun habe ebenfalls einen Vertrag zum Kauf der restlichen 48 % Beteiligung an Jiangsu Yangguang Solar abgeschlossen, die bisher noch nicht in ihrem Besitz waren, so Solarfun in einer Pressemitteilung.

Langzeitliefervertrag mit GCL Silicon Technology

Im Rahmen eines Vertrages vom 22. Juni 2008 werde GCL Silicon Technology an Solarfun ausreichend unbehandeltes Polysilizium liefern, um in acht Jahren insgesamt ungefähr 1,2 Gigawatt (GW) Solarmodule zu produzieren. Geliefert werde ab sofort. Dieser Vertrag biete dem Unternehmen mehr Sicherheit, seinem Bedarf an Polysilizium gerecht zu werden und sein Ziel zu erreichen, im Jahr 2008 Module mit 160 bis 180 MW auszuliefern. Dieser Vertrag sei ein wichtiger Beitrag zu den bestehenden Liefervereinbarungen von Solarfun für siliziumbezogene Rohmaterialien. Der Vertrag trage zur "Verbesserung der Durchsichtigkeit unserer Langzeitversorgung mit Polysilizium bei und stärkt unsere Fähigkeit, unsere vertikale Integrationsstrategie auszuführen. "Die neue Lieferung hilft uns, unsere Kosten zu verringern und unsere Qualität zu verbessern und ermöglicht uns eine bessere Kontrolle über unseren zukünftigen Lieferplan und eine verbesserte Leverage unser jüngsten Investition in Drahtsägen", so Harold Hoskens, CEO von Solarfun.


Solarfun kauft die restlichen 48 % von Jiangsu Yangguang Solar

Am 23. Juni 2008 schloss Linyang Solarfun ebenfalls einen Vertrag zum Erwerb der restlichen 48 % Kapitalbeteiligung an der Jiangsu Yangguang Solar Technology Co. Ltd. ("Yangguang Solar") von Nantong Linyang Electric Power Investment Co., Ltd. ("Linyang Electric") (18 %), Jiangsu Qitian Group Co., Ltd. (20 %) und Jiangsu Guangyi Technology Co., Ltd. (10 %) für eine Gesamtgegenleistung in Höhe von ungefähr 355 Millionen RMB (51,5 Millionen US-Dollar), die in Raten gezahlt werden soll. Da sich Linyang Electric zu 70 % im Besitz von Yonghua Lu, dem Gründer, Vorsitzenden und bedeutenden Aktionär von Solarfun befinde, sei diese Transaktion auch einzeln vom Prüfungsausschuss des Unternehmens genehmigt worden, welcher sich nur aus unabhängigen Direktoren zusammensetze. Linyang Solarfun hatte im August 2007 bereits 52 % Kapitalbeteiligung an Yangguang Solar Linyang Electric erworben. Der jüngste Vertrag ermögliche Linyang Solarfun den Erwerb des restlichen Anteils und die Übernahme der gesamten Kontrolle über die Gesellschaft. Der formelle Abschluss der Transaktion hänge ab von der üblichen Unternehmensprüfung ("due diligence") und von den Vollzugsschritten.

Yangguang Solar beschäftigt sich mit der Produktion von Siliziumblöcken. Das Unternehmen plant laut Solarfun, seine Produktionskapazität bis Ende des Jahres 2008 kurzfristig auf 200 MW und bis Ende des Jahres 2009 auf 300 MW zu erweitern. "Dieser Vertrag ist eine bedeutende Entwicklung für Solarfun", so Hoskens. "Er trägt hauptsächlich zur weiteren Verbesserung unserer vertikalen Integrationsstrategie bei. Er ermöglicht Solarfun eine verbesserte Anpassung der Siliziumspezifizierungen und Qualität an die Wertschöpfungskette, so dass wir unseren Kunden hochwertigste Produkte liefern können. Während der Zusammenarbeit mit Yangguang Solar, hat uns das Unternehmen sowohl durch seine Fähigkeit zur Steigerung der Kapazität wie durch die Qualität seiner Blöcke beeindruckt. Wenn wir die Fähigkeiten der Teams von Yangguang Solar und Solarfun zusammenbringen, dann können wir unsere Kunden besser bedienen.

[meinolf67]

Solarfun and Schuco Enter Into 47 MW Sales Contract


SHANGHAI, China, Jul 14, 2008 (BUSINESS WIRE) -- Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF), an established manufacturer of photovoltaic ("PV") cells, modules and ingots in China, today announced that one of its wholly owned subsidiaries has entered into a 47.0 MW sales contract with Schuco International KG ("Schuco"), a leading PV system provider in Europe.

Under the terms of the agreement, Solarfun has agreed to supply a total of 47.0 MW of PV modules to Schuco at a fixed price to be delivered according to a binding delivery schedule from December 2008 to October 2009. The PV modules are intended to be installed in major projects in south-east Europe and the Middle-East.

Harold Hoskens, Chief Executive Officer of Solarfun, commented, "This is our largest project contract to date and we are happy to have signed it with Schuco. Schuco is a leading PV system provider in Europe and is recognized as an important player in the growing PV market. We look forward to further developing our relationship with them. We are also particularly happy to partner on this project since it gives us the opportunity to diversify our business outside of the more established markets in Europe and introduce our PV modules in significant quantities to south-east Europe and the Middle East, which we believe will be key markets for solar energy in the near future."

[kolti]

Antwort auf Beitrag Nr.: 34.501.206 von meinolf67 am 14.07.08 13:11:19

AHA !
Gleich 2 Top Meldungen heute.
Da sollte es ja mal wieder massiv in die nördliche Richtung laufen.

Bin dabei

[kolti]

Antwort auf Beitrag Nr.: 34.501.301 von kolti am 14.07.08 13:22:38

Der stützt auch:

[bluelake]

Hi zusammen,
hat jemand eine Ahnung wann SOLF die vorläufigen
Zahlen bringt, hab leider nichts gefunden.
Danke im voraus.

[meinolf67]

Antwort auf Beitrag Nr.: 34.508.014 von bluelake am 15.07.08 09:42:14

es gibt ein posting dazu im canadian solar thread

[meinolf67]

15.07.2008 17:31
Solarfun Announces Passing of Director and Chief Operating Officer

Solarfun Power Holdings Co., (News) Ltd. (NASDAQ: SOLF), an established manufacturer of photovoltaic (”PV“) cells, modules and ingots in China, today announced the untimely death of Hanfei Wang, the Company's Director and Chief Operating Officer. Mr Wang joined Solarfun in 2005 and played a key role in driving the Company's expanding manufacturing scale and overall corporate growth.

Chairman Yonghua Lu, stated, "We are deeply saddened by Hanfei's sudden and unexpected death. He was a leader in every respect - professional, passionate and driven to achieve excellence for Solarfun and his colleagues.“

Harold Hoskens, Chief Executive Officer of Solarfun, added, ”Hanfei will be sorely missed by all of our employees. He built a strong supporting cast, and they, with all other Solarfun employees, are committed to carrying on Hanfei's dedication and enthusiasm for the continued growth and progress of Solarfun."

[Dere]

Nachtrag auf Deutsch...

Photovoltaik: Solarfun und Schüco schließen Kaufvertrag über 47 MW
Solarfun liefert Photovoltaik-Module an Schüco


Die Solarfun Power Holdings Co., Ltd. (Shanghai), Hersteller von Solarzellen, Photovoltaik-Modulen und Siliziumblöcken in China, hat am 15.07.2008 bekanntgegeben, dass eine ihrer hundertprozentigen Tochtergesellschaften einen Vertrag über die Lieferung von Solarmodulen mit einer Gesamtleistung von 47 Megawatt (MW) mit Schüco International KG ("Schüco"), einem führenden Anbieter für Photovoltaiksystemen in Europa, geschlossen hat. Gemäß dem Vertrag habe sich Solarfun verpflichtet, die Module an Schüco zu einem Festpreis zu liefern, der anhand eines verbindlichen Lieferplans für die Zeit von Dezember 2008 bis Oktober 2009 festgesetzt werde. Die PV-Module seien zum Einbau in Solarstrom-Großprojekte in Südosteuropa und dem Nahen Osten vorgesehen, heißt es in der Pressemitteilung.


Projektvertrag soll Märkte in Südosteuropa und im Nahen Osten erschließen

"Das ist unser bisher größter Projektvertrag und wir sind sehr zufrieden, dass wir ihn mit Schüco schließen konnten", kommentiert Solarfun-Vorstand Harold Hoskens. "Schüco ist in Europa ein führender Anbieter von PV-Systemen und als bedeutendes Unternehmen auf dem stetig wachsenden PV-Markt anerkannt. Wir freuen uns auf den weiteren Ausbau unserer Geschäftsbeziehung. Besonders freuen wir uns darüber, bei dem Projekt als Partner aufzutreten, weil wir dadurch die Möglichkeit erhalten, unsere Geschäfte über die etablierteren Märkte in Europa hinaus zu erweitern und unsere PV-Module in großem Umfang auch in Südosteuropa und dem Nahen Osten einzuführen, wo sich unserer Überzeugung nach in naher Zukunft Schlüsselmärkte für Solarenergie auftun werden", so Hoskens weiter.

------------
Solarfun verliert Top-Manager
Mittwoch, 16.07.2008 08:25

Die chinesische Solarfun Power Holdings muss den Tod seines Chief Operating Officer (COO) und Direktor Hanfei Wang melden. Wang wechselte im Jahr 2005 zu Solarfun und spielte nach Firmenangaben eine wichtige Rolle beim Ausbau der Produktionskapazitäten der Gesellschaft.

Entsprechend betroffen reagierten Firmenchef Harold Hoskens und Chairman Yonghua Lu. Einen Nachfolger für den Top-Manager konnte das Unternehmen bisher noch nicht benennen.

[Dere]

In the Battle of Best Solar Plays, U.S. Is a Distant Second
by: Kelvin Schulle posted on: July 21, 2008 | about stocks: CSIQ / ESLR / SOLF / SPWR / STP

http://seekingalpha.com/article/85955-in-the-battle-of-best-…

It is not the first time that US solar companies' earnings have disappointed investors, especially when you compare to some Asian or European counterparts. Last week, Sunpower (SPWR) and Evergreen Solar (ESLR) reported earnings. The results were disappointing.

SunPower Corp. on Thursday reported second quarter net income of $28.6 million, or 34 cents a share, compared to a loss in the same period last year of $5.35 million, or 7 cents a share. For a $6 billion company, $28.6 million net income is simply not enough to encourage investors. As a result, investors dumped shares in a big way after the market open. Evergreen Solar was even more ridiculous, reporting a widening loss in such a golden time, and warning its margins would be hit. The revenue was merely $22.8 million - don't forget this is a $1.1 billion market cap company. All this sent shares down more than 11% on Friday.

Now let's take a look at some solar companies overseas. Some will release earning in a few weeks.

Solarfun Power Holding (SOLF) reported continous good earnings in the last four quarters with an average surprise of 101% to the upside (Source: Etrade). Last quarter, the company surprised Wall Street by beating consensus by 101.8%. During the same quarter Evergreen Solar was still losing money! Investors should expect a good quarter on Auguest 15th from SOLF. Recently Goldman Sachs upgraded the company, and Jefferies & Co. also started coverage with a Buy recommendation.

Canadian Solar (CSIQ) also had consistant good recent quarters due to its strong sales worldwide. CSIQ reported 1st quarter 2008 earnings of $0.61 per share on 5/13/08. This beat the consensus of the 6 analysts covering this company of $0.303 by $0.307, good for a 101.3% surprise. The consensus of the 7 analysts covering CSIQ for the 2nd quarter 2008 is for per share earnings of $0.45.

SunTech Power (STP) reported 1st quarter 2008 earnings of $0.33 per share on 5/22/08. This beat the consensus of the 16 analysts covering this company of $0.276 by $0.054. The company expects to beat the Street again on August 19th when it reports for the 2nd quarter.

This should shed enough light on the solar sector, and give you some idea what companies you should invest in. There are many factors impacting the company performance. But good management and geographical advantages are really determining factors. Both SOLF and CSIQ have good management teams with aggressive goals.

On the geographical side, both Europe and Asia are leading the solar trend in the renewable energy policy. Goverments there are more leaning towards solar and have subsidies for various projects. In the US, solar energy policy is still in the early stages.

Solar companies' revenue come mostly from overseas. No wonder recent Barron's solar picks included SOLF and CSIQ, with the only US company picked being First Solar (FSLR). Of the bunch, SOLF is my favorite.

[zechn16]

na keine aktivität im forum? bei diesen preisen! ich denke solf ist momentan eine der billigsten solaraktien! die marktkapitalisierung ist ja fast gleich groß wie der umsatz! ich nehm mir wieder welche ins depot!
keine empfehlung nur meine meinung

[bluelake]

Antwort auf Beitrag Nr.: 34.589.717 von zechn16 am 25.07.08 20:10:22

Hi zechn,
denke gerade auch über einen Wiedereinstieg nach.
Möchte vor den Zahlen rein, warte aber nach dem
Anstieg gestern noch etwas. Vielleicht sehen wir
bis dahin noch den einen oder anderen schwachen Tag.

[xxtraderxx]

weiß jeimand was für ein gewinn je aktie solarfun für 2008 erwartet? was meint ihr wie die zahlen vom zweiten quartal werden?
danke schon mal im vorraus für die infos.

[Dere]

Antwort auf Beitrag Nr.: 34.618.597 von xxtraderxx am 30.07.08 21:40:12

BUSINESS OUTLOOK

http://investors.solarfun.com.cn/releasedetail.cfm?ReleaseID…

Based on current operating trends and other conditions, the Company's outlook is as follows:

For 2Q2008, management expects:

-- Demand to remain strong, with shipments between 40-45 MW and ASP's around $4.00 based on current contracted pricing. However, the continuing decline in the value of the Euro could impact this ASP assumption.

-- Gross margin to continue to be impacted by higher silicon costs with further declines from the level seen in 1Q08.

For the full year 2008:

-- The Company raises its previous guidance of 160 MW in shipments to a range of 160-180 MW. Visibility on ASP in the second and third quarters of 2008 is good, although incentive changes in Spain and Germany could lead to less visibility on ASP's beginning in the fourth quarter of 2008.

-- The 120 MW cell capacity expansion to our Qidong facility is expected to be completed by the early part of 3Q2008, which will raise aggregate annual manufacturing capacity (or "total nameplate capacity"), to 360 MW. In anticipation of improving polysilicon supply and in recognition of long lead time deliveries for certain equipment, the Company will continue to pursue its vertical integration strategy by expanding production capacity at its 52%-owned ingot manufacturing facility - Jiangsu Yangguang Solar Technology Ltd. In addition, the Company has begun development of a wire saw facility in Qidong. Over time, these programs are expected to improve the Company's ability to control production costs, improve quality and secure reliable delivery of wafers.

Harold Hoskens, Chief Executive Officer, concluded, "We believe we are well positioned to take advantage of the continued burgeoning growth of PV demand. We are growing well in excess of the overall industry, securing good long-term relationships with key customers, are focused on improving our quality, and are building scale through a vertically-integrated business model which should allow us to maintain our ability to compete effectively from a low-cost production base."

-------

Meiner Meinung nach werden die Q2 Zahlen von SOLF pos. überraschen.
Die Aktie wird sicherlich auch schon im Vorfeld der Zahlen anspringen. Mach das beste draus.

Gruß
Dere

[meinolf67]

Solarfun Signs 30MW Sales Contract with Martifer Solar


SHANGHAI, China, Jul 31, 2008 (BUSINESS WIRE) -- Solarfun Power Holdings Co., Ltd. ("Solarfun" or "the Company") (NASDAQ:SOLF), an established vertically-integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today announced that Jiangsu Linyang Solarfun Co., Ltd., a subsidiary of Solarfun, has entered into a 30MW sales contract with Martifer Solar Sistemas Solares SA, headquartered in Portugal and a leading solar project developer, installer and producer in Europe.

Under the terms of the agreement, Solarfun has agreed to supply a total of 30MW of PV modules to Martifer Solar at a fixed price to be delivered according to a binding delivery schedule from January 2009 to December 2009.

Solarfun CEO Harold Hoskens commented, "This agreement is one of our largest new contracts to date. We are delighted to be working with Martifer and are excited to begin a long-term relationship with them. This project is particularly important as it will further enhance our presence in regions outside of the mainstream developed solar markets in Europe. We plan to continue to geographically diversify our business to these and other regions in the coming years."

Henrique Rodrigues, Martifer Solar CEO stated, "We are very happy to be working with Solarfun for the installation of their PV modules in various projects throughout Portugal, Italy, Greece, and other countries in Southern Europe. Solarfun's strong reputation in the market and their high quality products excite us to begin developing a long-term relationship with their team."

This Report on Form 6-K is hereby incorporated by reference into the Company's Registration Statement on Form F-3 (Registration No. 333-152005) filed on July 14, 2008.

[Spacemen3]

hallo! weiß jemand den genauen termin der quartalszahlen.
danke

[zechn16]

Antwort auf Beitrag Nr.: 34.630.752 von Spacemen3 am 01.08.08 13:15:04

20.08.2008

[mann337]

Antwort auf Beitrag Nr.: 34.630.752 von Spacemen3 am 01.08.08 13:15:04

soweit ich weiß am 15.08.2008

[mann337]

also wenn ehrlich sein soll , hätt ich nix dagegen,wenn Solarfun mal etwas steigen würde

[mann337]

hatt eigentlich noch jemand diesen Schein zufällig?
WKN:
AA0SJE

[mann337]

ist ja wenig los hier?

[zechn16]

Antwort auf Beitrag Nr.: 34.641.942 von mann337 am 04.08.08 12:35:01

die ruhe vor dem sturm!

[mann337]

Antwort auf Beitrag Nr.: 34.643.180 von zechn16 am 04.08.08 15:22:08

vor welchem Sturm?

[mann337]

bin ja mal gespannt wie die Zahlen sein werden

[mann337]

fällt nur bestimmt ne Müllaktie

[mann337]

scheißeee

[spiritrob]

die zahlen kommen am 27. august.

[Kinkikatze]

http://www.finanznachrichten.de/nachrichten-2008-08/artikel-…

Gruß an alle Investierten
K.K.

[Kinkikatze]

Antwort auf Beitrag Nr.: 34.649.294 von Kinkikatze am 05.08.08 11:27:07

http://www.finanznachrichten.de/nachrichten-2008-08/artikel-…

so sollte es sein.
K.K.

[mann337]

So eine schrotaktie alles steigt die fällt mann mann mann

[zechn16]

Antwort auf Beitrag Nr.: 34.652.145 von mann337 am 05.08.08 16:05:44

dann such dir eine andere du clown

[xxtraderxx]

Antwort auf Beitrag Nr.: 34.652.145 von mann337 am 05.08.08 16:05:44

dann versuch mal mit einem solarwert aus dem tecdax 100% innerhalb eines monats zu machen wenn du so schlau bist. die sind ja heute alle im plus

[mann337]

mann da is doch was im Busch !!!

[spoon79]

sehr starke Divergenzen zwischen Kurs und verschiedenen Indikatoren sind auf jeden Fall verdächtig.
Ich selber denke, dass es eher nach oben gehen wird. Außerdem gibts zwei Gaps bei 18USD und 25 USD und die Amis lieben es solche Gaps zu schliesen. Kann mich noch gut erinnern, wie der Kurs von Anfang Januar bei 40 USD innerhalb von 2 Monaten auf 10 USD gefallen ist. Dort war auch ein Gap.
Gerade SOLF und CSUN, aber CSIQ sind für solche "Attacken" bekannt und ein Anstieg auf 25 USD halte ich nicht für unrealistisch.

[mann337]

mÜLLAKTIE

[mann337]

schon wieder 3 % runter suuuper Aktie

[mann337]

ich kauf den Müll auch noch,ich müste erschossen werden für soviel dämlichkeit

[xxtraderxx]

Hey leute was haltet ihr davon?

Canaccord analysts made their way through the solar sector this morning, with the brokerage firm initiating coverage on 3 stocks in the group. SolarFun Power (SOLF: sentiment, chart, options) was initiated with a "hold" rating and a $12 price target, while JA Solar (JASO: sentiment, chart, options) was started with a "buy" rating and a $19 price target. The firm also said it considers Canadian Solar (CSIQ: sentiment, chart, options) a "buy," and placed a $43 price target on the shares.

All 3 equities started the day out in positive territory, but CSIQ and SOLF have since slipped into the red. SOLF's new price target represents a discount of 0.8% to its closing price yesterday, suggesting that Canaccord is looking for the stock to pull back. Meanwhile, JASO's price target is a 28% premium to Monday's close, while CSIQ's target is a lofty 59% above its settlement price yesterday.

Of the trio, JASO gets the most love from analysts. The equity boasts 9 "buy" or better ratings, compared to CSIQ's 4 bullish opinions and SOLF's lone "strong buy" endorsement. However, CSIQ is the only stock in positive territory for 2008, up about 2%. By contrast, JASO has shed 33% year-to-date, while SOLF has lost a whopping 59%.

Checking in on the broader solar sector, the Claymore/MAC Global Solar Index (TAN: sentiment, chart, options) fell this morning to a new annual low of $21.78.

[Dere]

Solarfun Power Holdings Sets Date to Release 2Q Results
Friday, August 08, 2008; Posted: 12:57 AM

Solarfun Power Holdings, a manufacturer of photovoltaic (PV) cells and modules in China, announced that it will release its unaudited financial results for the second quarter of 2008 before the market opens on August 27.

Management will host a conference call to discuss the results at 8 am U.S. Eastern Time (8 pm Shanghai time) on the same day.

Harold Hoskens, Chief Executive Officer, Amy Jing Liu, Chief Financial Officer, and Paul Combs, Vice President of Strategic Planning, will discuss the results and take questions following the prepared remarks.

The dial-in details for the live conference call are as follows: - U.S. Toll Free Number: [phone] - International dial-in number: [phone] - China Toll Free Number: [phone] Passcode: SOLF

[mann337]

geht nur runter was is da wohl los??

[mann337]

der Dow Jones explodiert und solarfun stürtzt ab klasse

[mann337]

Antwort auf Beitrag Nr.: 34.679.003 von Dere am 08.08.08 07:59:03

was soll das für eine Nachricht sein???

[mann337]

geht bestimmt noch unter 10 euro

[mann337]

Solarfun Announces Completion of at-the-Market Equity Offering with Net Proceeds of US$71.9 Million

Solarfun Power Holdings Co., (News) Ltd. (”Solarfun“; NASDAQ: SOLF), an established vertically-integrated manufacturer of silicon ingots and photovoltaic (”PV“) cells and modules in China, today announced the completion of its equity offering pursuant to the sales agency agreement with Morgan Stanley& Co. Incorporated dated July 17, 2008. Upon the completion of the offering at the market close on August 12, 2008, Solarfun had issued and sold 5,421,093 ADSs with an aggregate sale price of US$73,877,875.07. Solarfun currently expects to use the net proceeds from the offering of US$71,883,403.84 for capital expenditures on ingot, wafer and cell manufacturing equipment, purchases of polysilicon supplies, the acquisition of the remaining 48% equity interest in our Yangguang Solar Technology Co., Ltd. subsidiary and for working capital purposes.

The United States Securities and Exchange Commission declared Solarfun's registration statement relating to these securities to be effective on July 16, 2008. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

[mann337]

na endlich geht die post ab