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SIT has a relationship going with Prologis. Do some searches on recent news on Prologis and solar...see their relationship with Tesco...not to mention many more big name companies. ...on the cusp! Cheers http://www.renewableenergyworld.com/rea/news/reinsider/story?id=54446
http://www.columbian.com/article/20081212/NEWS02/712129943 Cheers
Do you think things will get better? Will it happen sooner than later? http://money.cnn.com/news/newsfeeds/articles/djf500/200811251115DOWJONESDJONLINE000432_FORTUNE5.htm Cheers
http://earth2tech.com/2008/11/24/los-angeles-sets-10-solar-goal-for-2020/ Cheers
Fresh & Easy Opens 100th Store; Sets Sights for 200th in Nov. 2009 Fresh & Easy Neighborhood Market celebrated the opening of its 100th store on Nov. 12, 2008; exactly one year following the opening of its first store in Los Angeles. CEO Tim Mason said the company has had a "fantastic" first year with the response from customers "surpassing its expectations." He added that the company is in a good position for the economic downturn because of its "budget prices." Fresh & Easy now operates 26 stores in Phoenix; 25 in Las Vegas; and 49 in Southern California. More are scheduled to be added in those markets, as well as northern California; but at a slower pace due to the downturn. The company is aiming to hit 200 stores in November 2009.
Westfield Receives Approval for $800M New Century Plan The Los Angeles Planning Commission unanimously approved Westfield's $800 million plan for a major expansion of its Century City mixed-use development, called "The New Century." Westfield is relocating the Bloomingdale's, currently in the center of the project's 874,000 square feet of retail space bounded by Santa Monica Blvd, Century Park West, and Constellation Blvd, to the base of a 39-story tower (the former plan was 49 stories) that it will build after it demolishes the 360,964-square-foot office building at 1801 Avenue of the Stars / 1930 Century Park West. Westfield will build 358,881 square feet of retail space, 262 residential units, and office space, as well as a transit station it dubs a future "Subway to the Sea." Other existing major tenants include AMC Theatres, Borders, and the Container Store. The new streetscape design, and relocation of Bloomingdale's to make way for specialty retailers, dining, and entertainment tenants, Westfield says, will create a live/work/play environment. Westfield is designing the New Century project to LEED standards. Sustainable elements of the project include a greening, landscape and pedestrian plan connecting to Century City as a whole; creating acres of open space; a comprehensive recycling program and waste reduction strategy for tenants, shoppers and residents; high efficiency buildings with fixtures and equipment that minimize the use of
My views are as they have been. Company is fundamentally sound. Markets in General have been hit hard. Price to book on Blue Chip stocks are as low as they've been in decades. Prices on Blue Chips will not be seen again for decades. Now is the time to be buying good stocks. Is this time "different" from other economic down falls? Markets will be ahead of the economic recovery by a year, and I estimate recovery signs by mid to late next year. SIT will lag most sector stocks for reasons listed by riddler, and the fact that they are on a venture exchange. Times are as such that I can understand your anxieties. I still hold. Cheers
I understand that the markets are jittery, but when all seems bleakest typically represents the best time to be in a good stock. Yes, there may traditionally be "safer" places to be in in these times, but where is "safer"? Smart money is accumulating...don't fall prey! Cheers http://www.sustainablebusiness.com/index.cfm/go/news.display/id/16878
Slow start as far as share price is concerned, yes. Bill still has to Pass in the House (Friday). Volume is going to be heavy for what shares are available. If there are those that have been holding, I highly suggest that you do not sell. This is a great company with a very competent CEO! Cheers
What better way to gain shares at a pitance to a company's true value? Evoke fear to the unknowing. When a company is on a venture exchange and deemed "High Risk" and not "Liquid", scare the meek (many at a loss) to basically hand over their shares. So, the company had to let a few jobs go due to the uncertanty of the ITC (which may pass tonight in Congress once again). Does that mean the Company will go under? When approached about their numbers, Energy Conversions indicated that their numbers would not be affected by SIT's issues; in fact, they indicated that most of their sales would be coming from Europe...Well, does that mean other customers would constitute most of their sales? SIT is almost 25% of Energy Conversions business, so it is SIT that has the business in Europe that they are talking about...so highly unlikely SIT will go under. Have Investment Firms that increased their holdings in the company suddenly divested? Was their analysis wrong after only a few months? Think again! Cheers
Full year 2007 results: http://www.solarintegrated.com/PDF/PR_Financial_for07_08.pdf 2008 interm numbers to come out September 23rd Cheers
http://earthfirst.com/25-rich-ass-greenies-who-made-their-fortune-saving-the-environment-25-21/ Look for first half results around mid to late September...barring any unexpected news, don't look for much as most revenue are in the 2nd half of the year Cheers
Re: Next five years http://www.narms.com/n/2008/08/morning-news-beat-81508/ Tescos Fresh & Easy To Set Up Shop In Chicago In the UK, The Independent reports that Tesco is getting ready to set up an office in Chicago that will serve as a precursor to an eventual opening of its Fresh & Easy Neighborhood Markets there. According to the story, a team of executives already has a team of executives on the ground there, looking for property that can used both for retail stores and a Midwest distribution center. Matthew Price, a real estate director for Fresh & Easy, is said to be in charge of the Chicago property acquisition team. No target date has been set for when Fresh & Easy might begin opening stores in Chicago. As the Independent writes, “The revelation is the clearest indication yet that Tesco intends to gain geographical spread in the US beyond the 71 Fresh & Easy stores it has already opened in southern California, Arizona and Nevada.” Cheers
I expect a bottom as soon as the exchange can snuff out all the loose shares, and then ride that bottom to October...from there, a steady climb to fiscal year end numbers IMO. Summer is historically a low volume period. Add to that, the uncertainty in the markets in general, and the exchange will play on peoples fears by lowering and lowering (this is how they make money - transactions). Notes GT Solar's IPO seems to have been fast tracked to beat the notice of a lost major contract - not good SunPower shares have soared on a major PG&E project announcement - good? Well, maybe. The deal is contingent on the U.S. Senate extending the ITC (good for SIT) It was noted by an analyst that SunPower was fast tracking this deal at the expense of margins - not good for SunPower. SIT has a strong customer base with the ability to pick projects with high margins. As noted by Nomura Code Securities "Many of these projects can be considered "reference" projects for customers who all possess significant numbers of "big box" buildings with roofs applicable for SIT's solution. In this respect SIT has already begun repeat business with some of these customers and we believe that serving these companies alone could account for the vast majority of SIT's expected business over the next five years". On a side note, I am curious on how the First Wind IPO plays out (this is another Caffyn company). Cheers, and enjoy the remaing summer.
http://www.signonsandiego.com/news/metro/20080730-9999-1m30utc.html Cheers
Timing is not right for an IPO and he understands this, and today's IPO tends to indicate this. http://www.marketwatch.com/news/story/gt-solar-raises-500-mln/story.aspx?guid=%7BF69A2D00-6F28-43F6-BB98-82FFA833D92C%7D&dist=msr_2 also Mr. MacEwen has indicated consolidation will take place http://www.reuters.com/article/marketsNews/idUSN2451165620080724 Cheers
http://www.investorschronicle.co.uk/Columnists/GuestColumnists/article/20080723/cfc4f90a-588f-11dd-9f48-0015171400aa/Renewable-energy.jsp Also Watch for the GT Solar IPO this week. The reaction will speak volumes. Cheers
Though the information is good, it is also incorrect. The Nomura forecast is for 6.7 million U.S. Projected Revenues are for 146 million U.S. Markets are jittery. Institutional holdings are quite significant. As always, I suggest to hold on to what you have. Cheers