China's Wind Energy Development Hits a Road Block [View article]
APWR may be a poor candidate to shine a negative light on, as they've been expanding their offerings. Their partnership with GE should also give them the edge over much of their competition when things do pick back up. They have also better positioned themselves for larger tenders by creating the Shenyang Alliance, which has already netted them one potentially very large contract(the LP gas terminal for which a MOU has been signed). Will all this take a few years to come to fruition? Perhaps yes, but they're already a nicely profitable company with a proven track record in DPG, so I can wait for them to pull their other ventures together. Once industrial output really takes off again in China, APWR, with their strong government contacts, will be uniquely positioned to to successfully bid on many contracts they would not have been able to consider before. And remember, in China, it's not just the lowest bid that counts, it who you know. Barring massive dilution, APWR should be a nice 4 bagger or more within 3 years or so.
A-Power Energy Generation Systems: Headwind or Tailwind? [View article]
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China's Wind Energy Development Hits a Road Block [View article]
J. Balaban, M.D.
A-Power Energy Generation Systems: Headwind or Tailwind? [View article]