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UPC gets contract to redo all of the San Mateo County schools! I am assuming that this is SIT's to do. Cheers http://www.examiner.com/a-1170554~District_to_save_money__environment_with_solar_panels.html
Hey, I'm waiting for that day to come too. Take a look at this site, it has SIT's revenue projections for 2009 @ 184 Million U.S. I got to believe that this is being quite conservative. Cheers http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=rocketred&ac=210487&csi=103911
The only thing that I can see that is holding this back is the exchange. On different levels...it can be manipulated due to the lax regulations, and the fact that there is little exposure, and the difficulty for those in the U.S. to purchase (and at reasonable purchase prices). On an American Exchange, the purchase price will be cheap, the exposure wiil be high, and the regulations will be tough. Don't sell. Cheers
Nice bit of news. This is year end, and I am sure that there is much house cleaning going on with many. Cheers
http://www.earthtoys.com/news.php?section=view&id=3547 Cheers
Yes, this Exchange smells something bad! That said, there is too much good information now that this stock should not be trading MUCH higher; more and more jobs, 3 shifts, a new well established accounting firm, 2008 earnings estimates that were high, and then adjusted higher! Yes, the Exchange is a farce, but my hunch is that 2008 will be something special. Don't sell Cheers
Few sites that show 2008 estimates have SIT over 63 pounds, up from the previous estimates of 59. http://uk.finance.yahoo.com/q?s=sit&m=L&d= Cheers
Well, well, well. I guess we spoke to soon, as it seems that SIT indeed is the beneficiary of this project. I am sure we were wrong on this one! http://www.gizmag.com/solar-schools-for-santa-cruz/8363/ Cheers
Excellent point Wall. Does Mr. Caffyn want his cake, and to eat it too? I would hope that UPC's interests have SIT as it's main focus. I am sure that any project that SIT encounters that involves financing, gets UPC involved. Does UPC push SIT in any finance projects that it encounters? Cheers
750 kw of insalled capacity http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20071114006478&newsLang=en
The comments regarding UPC seem to be warranted at this point. There was much grandstanding at inception of large scale orders, and nothing has materialized. SIT is doing their part, and are well positioned from here on in, but I sense missed opportunities on the potential financing contracts. Cheers
www.santacruzsentinel.com/archive/2007/October/26/local/stories/09local.htm
Good question tec. I keep asking the same thing, and though I cannot be certain, I would have to say it is the Exchange. There are peers trading on North American Exchanges that make this stock look silly. SIT is being treated as a penny stock. It makes me wonder if there is any form of Governing body that monitors this Exchange. Anyways, at the end of the day, the numbers will justify the company. If they meet expectations this year, and next year, showing an improving bottom line, they'll start getting more analyst coverage, which in turn will generate more interest. Hold on to what you've got. Cheers
Been a long time since you've been around, Wall; your insite is always valued. Yes, I found the revenue numbers on the same site, and though this years numbers are not shown, the same information may be gathered on Yahoo UK. Cheers
Revenue for 2007 is 77 million U.S. Revenue for 2008 is 120 million U.S.
Westfield profit rises as mall rents increase globally By Laura Cochrane Bloomberg News Wednesday, August 29, 2007 MELBOURNE: Westfield Group, the world's biggest shopping center owner by market value, said that first-half profit rose 7.4 percent as rents increased at malls across Australia, the United States and New Zealand. Net operating income rose to 844 million Australian dollars, or $687 million, in the six months ended June 30, from 804.3 million dollars a year earlier, the company said Wednesday. The figure excludes property revaluations and currency adjustments. Westfield, with malls in 13 states including California, Florida and Nebraska, joined rivals Simon Property Group and General Growth Properties in lifting U.S. rents during the past year, as retail sales gained in the world's largest economy. The company's managing director, Peter Lowy, may sell more stakes in some of Westfield's 119 malls worldwide after using six such deals this year to reduce debt costs. "Assuming the consumer doesn't stop spending, I think the company will continue to generate mediocre returns in the short term and better returns in the longer term," said Scott Marshall, an analyst at Shaw Stockbroking in Sydney who rates Westfield "outperform." Lowy is tapping equity in some of the 62 billion dollars of retail centers that Westfield manages as debt costs rise amid a global credit squeeze and after Australia's central bank raised interest rates b
San Diego Business Journal PRINT | CLOSE WINDOW Westfield Proposes $900M UTC Mall Upgrade By - 8/9/2007 San Diego Business Journal Staff Westfield is announcing plans Aug. 9 for a $900 million remodel of its UTC mall in University City — the first major revitalization of the 30-year-old shopping center in two decades. The proposed revitalization features the addition of 750,000 square feet of retail space for new and remodeled anchor stores, a state-of-the-art cinema, 150 new specialty shops and boutiques, new public outdoor plazas, upgraded parking, a variety of housing opportunities and a regional transit center with a future link to the trolley. The remodeled mall also will be going green, with solar arrays on rooftops, increased use of recycled water for irrigation, energy-efficient lighting programs, in partnership with San Diego Gas & Electric Co., sustainable, recycled and locally sourced building materials, enhanced bicycle and pedestrian access to the center, and a modern transit center to accommodate future options, including bus, bus rapid transit, shuttle and trolley service. As for the financial impact of the project, Westfield — which operates seven shopping centers in San Diego County — expects that $60 million in annual tax revenues will be generated upon completion; $9 million annually for city services, such as police and fire protection, parks and libraries; $25 million for transportation and capital improvements i
www.washingtonpost.com/wp-dyn/content/article/2007/08/19/AR2007081901297.html
It's been a rough spell...is it over yet...who knows. All I can tell you is that this company is solid. Most of their contracts are typically done in the second half of the year, so for sure they are going to hit their mark. Now SIT has UPC Solar as a third party acting as a financier for companies worried over up front costs, and as I have previously noted, UPC Solar has just received an infusion of investor funds to the sum of $100,000,000. Any job that UPC Solar gets, SIT will handle. Think about that for a moment. More and more of the big Solar companies are going this route, and be assured, SIT is a big Solar compay. More and more solar players keep popping up, but SIT is established, and will have it's day in the not to distant future. Here is a link to a recent article about solar and third party financing. http://www.forbes.com/technology/2007/08/16/financing-solar-energy-tech-07egang-cz_kd_0816solarfinance.html Cheers