borisb

American Superconductor: An Ultimate Winner in Wind Power

All i know is that the president of AMSC premeditated sending the shares up to $45 on 2 out in the distance contracts and instantly dumped as many shares as possible by law near $45 on day 2-ish of the spike.

Is the Ship Coming in for American Superconductor?

the AMSC has sold off for 3 days down to the $37s/$38s and thats a big fat dip that should work for all the long term investors who wants in on the multi-year growth wave.

Transmission, Tax Issues Threaten Growth of US Wind Power

lower cost superconductor power lines in developement have lower power loss in transit and will help with distance transmissions.

American Superconductor: You Have to Read It to Believe It

CEO and the IT chief are from MIT and IBM and have been with the company for 2 decades.

American Superconductor: You Have to Read It to Believe It

Looks like Sinovel aspires to begin volume
exports in 2009,
the cost of their turbines will be 1/3 less then Vestas and Gamesa. if so they will be a commerical success and the size of the $450 million Sinovel contract makes more sense.

Is the Ship Coming in for American Superconductor?

Well its been 8 trading days since the big contract. It makes me wonder if booking $490-ish million in new business during the quarter constitutes the equivalent of another earnings beat like the one report for the first quarter 2008 in early May 2008. Also i notice that the stock is holding on to most of the gains since the spike to $45, this would be bullish chart action that suggest the price will go higher still in the coming months. I am not sure if the company needs more contracts or an another earnings beat to exceed $45 or if the contracts annouced ($490 million) already justify more gains. I am gradually leaning towards the later.

Is the Ship Coming in for American Superconductor?

AMSC in conjunction with Westinghouse is developing HTS superconductor product to develope 10 mw wind turbines that are 66% lighter. If this is sucessful AMSC will go from selling electrical systems in the 2 mw turbines to selling more valueable superconductors in cutting edge 10 mw turbines. The technology will probably leap frog anything Vestas, Gamesa, Enercon have.

American Superconductor: You Have to Read It to Believe It

sinovel is a whole owned subsidary of Dalian Heavy Industries. Dalian Heavy Industry Group Co., Ltd. operates in the heavy machinery industry in China. The company designs, develops, and manufactures steel continuous casting machines, such as thin slab continuous caster, as well as slab, billet, round steel, and alloyed steel continuous casting equipment, as well as the unit machines, such as the ladle turret, tundish car, mould, mould oscillator, and segment. It also manufactures steel rolling equipment for wire rod, steel bar, combined bar and wire rod, and nonferrous metal rolling workshops; and bulk material handling machinery, such as lorry tilting and pulling machine, bridge crane, and frame crane. In addition, the company manufactures metal smelt. Also Vestas recommends AMSC's D-VAR grid interconnects to its customers.

American Superconductor: You Have to Read It to Believe It

I understand that Sinovel is owned by a much larger Chinese manufacturing company, that produces other pieces of the wind energy supply chain, such as gear boxes, and we may need to examine a more complete balance sheet of the parent company then the one posted.

American Superconductor: You Have to Read It to Believe It

There is a wind turbine shortage in Asia, so the market will absorb the additional production by Sinovel. also the oil remaining elevated above $60 a barrel (wind energy inflection point threshold-per Vestas) means the demand is likely to remain firm.

American Superconductor: You Have to Read It to Believe It

when you compare the 2 orders, the Picken's deal is a retail one site wind farm project order to GE. The Sinovel is a wholesale supply chain order from a manufacturer that is going to turn around and sell to multiple customers. So to compare the two as apples to apples is misguided.

American Superconductor: You Have to Read It to Believe It

Andrew, your bearish points makes sense. my question is with the fact there is a shortage of windturbines been establish , are AMSC and its licenced manufacturing partners actually going to ramp up manufacturing and meet the demand? Some of the licencees such as India's first and the Westinghouse-TECO seem like credible large scale manufactures. In fact i am learning this is a local market industry. Thus even though Vestas and Gamesa have the scale advange, AMSC is licensing to Asian manufactures where the demand actually is. This makes sense logistically. Also Sinovel is the second largest turbine manufacter in China, AMSC is also associated with the third largest manufacturer in China, and with the price of oil likely to stay elevated, the demand for the turbines is likely to remain firm for a while. It makes sense that the expanding pool of 8 licencees are going to try and increase production to meet demand. As they ramp Sinovel will be less important to AMSC. thoughts?

American Superconductor Rises on Renewable Energy Deal

good post for being alert and right on it. i added my opinion to the new post on wednesday. also "what might be missing" is that there are 8 licencees going on 10+ licencees. Yes some are small fry but some are huge. The one in India and the westinghouse in Taiwan might do high volumes. Heck many might do high volumes. Its one of the most profitable manufacutring product lines out there and all these manufactures would like in on the Bonaza.

Is the Ship Coming in for American Superconductor?

the stock has run up to a short term highish-lofty $45.00 tuesday. But in the long run their seems to be potential to buy on the dips. Right now there is a shortage of wind turbines. And AMSC has licenceed 8 heavy manufacturers in Asia to do all the work. AMSC has a razor-razor blade business model. Kaufman made it simple yesterday and said AMSC and partners might be producing 1000 turbines quarterly in 2010. for refernce these type of turbines sell for $2+ million each and AMSC would get 1) licencing fee 2) royalities 3) purchase orders for the core electrical components. Its possible that AMSC and partners may gather up to 10% to 15% marketshare. Right now vestas has 23% marketshare and about a market value of $24 Billion. Meantime AMSC market value is under $2 Billion even though the team is closing in on >10% marketshare. So if stuff unfolds well for AMSC in the coming quarters the breakout has some good potential beyond $45, you just need to play it conservative and use the dips to accumulate.

Transmission, Tax Issues Threaten Growth of US Wind Power

american superconductor and zoltek serve the wind energy markets.