JSbalaban

American Oriental Bioengineering Keeps Growing Despite Bad Moves

I wouldn't touch AOB due to their poor business decisions. The only thing that saves them is China's still relatively robust economy. AOB may have 82M in profit in Q4, but shareholders wont see much of that due to AOB's continued diluitive deals. Want a good pharma that grows as organically as possible and is a real cash cow for their size? Take a look at CSKI. For me, that's the one to own CSKI will double before AOB gives you 50%.

JBB

A-Power and AgFeed: The Importance of a Strong Balance Sheet

Cash is actually closer to $2/share.

JBB

A-Power and AgFeed: The Importance of a Strong Balance Sheet

APWR's cash balance is actually just shy of $2.00/ share. At the end of Q3, they had 58+M cash. This is a great company that will recover nicely. They have a two pronged business model so have revenue streams coming from both their local power generation business, and now their wind turbines.

JBB

The Case for Higher Interest Rates and Lower Home Prices

This author has serious brain damage with clear inability to integrate even a fraction of the ramifications of keeping interest rates stable. We're trying to avert deflation here and put a floor under falling prices. Lowering interest rates is the most powerful means at the treasury's disposal. Keeping them high will result further market depreciation, increased bank failures, more credit default swap payouts, even less retail spending, and the viscious cycle continues. This is just basic supply/demand economics which Scott here just doesn't seem to grasp. Back to school Scotto!

Balabanovj

A Bright Future for American Superconductor

Good post there Buffet Jr! Just one area of clarification. The first Turbines are in fact going to be assembled during November and December and will be claimed in the Q4 ER. The remaining 40 are due by July, during which time I would imagine some of those LOI's will convert to signed contracts. ...... Yes, Kelvin has done very little dd on APWR! Just their new dist pwr contracts will indeed give them significant growth next year.

JBB


On Nov 14 09:50 AM Buffett Jr wrote:

> I am long APWR but am not a cheerleader for the stock and admit it
> has it's flaws however you are way off base and show a lack of Due
> diligence. They never claimed to have wind turbines up and running
> by November. They claimed to be receiving the parts from their partners
> in Europe Furhlander and Norwind in November. 1st Q 2009 is the target
> for rolling out the turbines. As far as the CFO yes that was a black
> market but it had nothing to do with finances being shady. He violated
> NASDAQ regulations by working for two companies at once.
>
> I don't know what you expected from the stimulus PR do you want China
> to spell it out for you? They are investing huge in wind and solar
> and other cleantech. Pollution and energy independence not the price
> of oil alone are factors in this.
>
> As far as your prediction under 4. Sure this market is wild and anything
> is possible but I would be very careful if you are short going into
> earnings just a few weeks out.
>
> Lastly they have 0 debt and already thriving Distributed power generation
> business. Wind is just the icing on the cake.

A Bright Future for American Superconductor

Kelvin's comments regarding APWR no doubt represented complete lack of impulse control reflecting his investment conflict of interest in solar. The reason APWR was not mentioned in the stimulus package is because they're doing so well that they don't need help-- they already have government support in place for their industry and have had for some time. As for the likelihood of them slipping back below $4, that's likely Kelvin's wish so that he can buy in at a price he wants to pay. In my correspondence with Ian Shanno, APWR's IR Director, APWR is doing quite well.

JBB