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  • 6 Deeply Undervalued Solar Companies [View article]
    The "industry leading light-weight thin-film solar panels" of ENER served their main purpose successfully - they brought ENER's stock price to a new 26-year low. There won't be a return to sustained profitability (ENER has never been profitable on a sustained basis). $11 million of ENER's revenues last quarter allegedly came from an Italian ground-mounted project in Italy (in truth, it was a deal with the former Chairman of a hedge fund busted by the Italian authorities).

    Given that ENER has never generated positive free cash flows on an annual basis in its entire 51-year history, the author of the article is correct in ignoring ENER which obviously offers no value at its current price.
    Mar 2 10:31 AM | 6 Likes Like |Link to Comment
  • 2009 Countdown: Top 10 Solar Trends [View article]
    Jigar:

    Can you explain how exactly solar generation will become cheaper than new Coal in 2010? My understanding is that PV solar does not generate at night or under snow cover, and adding storage increases LCOE dramatically. You are welcome to show your assumptions and calculations (you can strip the subsidies per kWh from both the PV and the Coal, for fair comparisons). SunEdison was very proficient in draining cash - is this what you are recommending for the US taxpayer these days?
    Dec 29 08:34 AM | 6 Likes Like |Link to Comment
  • Yongye: Another Chinese Investment Opportunity Beaten Down by Shorts [View article]
    Let's put to rest the so-called "study" by Dr. Robert Petit[sic].

    "In his new nonfiction book, "You Can Avoid Physical Death: Physical Body Ascension to the New Earth" (published by iUniverse), Dr. Robert E. Pettit meticulously outlines the spiritual disciplines and mental responsibilities that are needed to ascend to a developing higher frequency planet ("New Earth") and thus avoid physical death at the hands of a collapsing damaged low frequency planet Earth."

    www.prnewswire.com/new...

    The Doctor is simply crazy. Ian did a great job here. It just shows how much YONG's management really know about the alleged product they sell.
    Feb 28 11:34 AM | 5 Likes Like |Link to Comment
  • Balance Sheet Wars: U.S. Solar Companies vs. Chinese Government [View article]
    No, scale is not the most important deciding factor of cost reduction in the long run. There are other, probably more important factors, like technology and management. First Solar's production was just 20MW in 2005, when it made about 9%-10%-efficient modules at $1.60 a Watt. Unisolar last year made over 100MWs of their 6-7%-efficient modules at about $2.00 per Watt. So 5x the scale can still result in 25% HIGHER cost.

    First Solar's "problem" is that the Chinese competition is hurting their gross margin (they make somewhat more expensive product, but at a higher efficiency, which more than compensates by reducing balance-of-system costs). Unisolar's problem is more fundamental - it is their technology and management. No scale will solve Unisolar's cost problem.

    ecdfan.blogspot.com/20...
    Aug 31 08:54 AM | 5 Likes Like |Link to Comment
  • How Short Term Supply Constraints Will Impact Booming HEV Markets [View article]
    I don't get it. What is the difference between GM's mild hybrids (namely, Vue, Aura, and Malibu) and the "micro hybrids?" As you know from the data at hybridcars.com, GM's milds are a total failure. Less than 6,000 milds sold in 2008, combined. And now they are being discontinued.
    Jun 21 11:56 AM | 4 Likes Like |Link to Comment
  • Yongye's Recent Filings Raise Various Red Flags [View article]
    nilesgold:

    1. Does the drought occur through different seasons? What about the "irregularity" in Inner Mongolia and Xinjiang?

    2. When did the change occur? When were investors notified? There were almost 15,000 new stores in different villages in 2010. How did 114 people manage to "brand" them and "focus" on them?

    3. The videos of YONG's operations show a lot of manual labor for a few bottles. Who told you that manufacturing at YONG is a highly automated process? Why would YONG slow production in the winter?
    Mar 23 10:19 AM | 3 Likes Like |Link to Comment
  • Yongye's Recent Filings Raise Various Red Flags [View article]
    beststockpicker: So, your point is that only Americans can commit fraud? Well, isn't Mr. Gilmore an American?
    Mar 23 09:56 AM | 3 Likes Like |Link to Comment
  • Yongye's Recent Filings Raise Various Red Flags [View article]
    Who has been where? Did the Fool scamsters visit YONG's operations rather than Yongye Group's operations (that is, Mr. Wu's hotel and herb-growing facilities)? Hey, what was the name of that Global Hunter "analyst" that visited CCME facilities and provided a 100% proof that CCME is real?
    Mar 23 09:53 AM | 3 Likes Like |Link to Comment
  • UniPixel, Atmel And Carclo Aim To Dominate The Touch Sensor Market [View article]
    Exciting! Now where can I see even one touch-enabled display (10 inch or larger) using Unipixel's technology? And while we are at it, which Asus product, specifically, uses Atmel/CIT's sensor? The reason that the Unipixel process is "unknown" and "cheap" and in "millions of units" is because it is just a figment of the imagination of the "oil and tar in a jar" clowns off the golf course.
    Apr 2 08:01 PM | 2 Likes Like |Link to Comment
  • Yongye's Recent Filings Raise Various Red Flags [View article]
    manix: YONG's own 2010 10K states, on page 8, that YONG is going in to the coal business. Specifically: "In 2010, we entered into an agreement with Wuchuan Shuntong Humic Acid Company Ltd (“Wuchuan Shuntong”) to acquire the permit for the rights to explore, develop and produce lignite coal resources (“Mineral Right”) in a certain area of Wuchuan County. The cash consideration of the permit is approximately RMB 240 million or USD $35 million."

    What does acquiring "the permit for the rights to explore, develop and produce lignite coal resources" have to with agriculture business?

    It appears the only sloppy and un-informed "investigator" is you.
    Mar 27 09:45 PM | 2 Likes Like |Link to Comment
  • Yongye's Recent Filings Raise Various Red Flags [View article]
    jonsjon1223: Here is a company audited by KPMG that turned out to be a fraud.

    www.bizjournals.com/bo...

    Good appetite!
    Mar 25 05:00 PM | 2 Likes Like |Link to Comment
  • Yongye International Response to Blogger's Red Flags Falls Somewhat Short [View article]
    First, SEC Regulation S-K, Item 101 ( taft.law.uc.edu/CCL/re... ) is explicit, as Ian's article states. The name of each significant (10%+) customer has to be disclosed PUBLICLY by YONG. The regulation says nothing about any distributors. YONG states in the 2010 10K , page F-27 that there were six significant (10%+) customers (Customer A, B, C, D, F, and H) in year 2008, 2009 or 2010. Their names have to be disclosed publicly pursuant to SEC Regulation S-K. Period.

    Second, SEC Regulation S-K, Item 403 (www.law.uc.edu/CCL/reg...) is explicit as well. The identity of each beneficial owner known to YONG has be disclosed BY YONG (not by the beneficial owner) in the 10K. Obviously, the identity of the former Hebei distributor is known to YONG - after all, that distributor received $25 million in stock and cash from YONG for a list and became a beneficial owner (see 8K filed August 3rd). Therefore, its identity must be disclosed by YONG in the tabular form specified by the Regulation, or there must be a reference to such a disclosure in the 10K (a good place would be ITEM 12. page 75 in the 2010 10K). Period.
    Mar 25 09:03 AM | 2 Likes Like |Link to Comment
  • Yongye's Recent Filings Raise Various Red Flags [View article]
    yuch: Common practice? Where in YONG's 10Ks did you read about it? Say, can you name just one of YONG's customers that is not a related party? Fictitious sales and service teams could run a fictitious distributor through a couple of fictitious stores and let them do the rest, its common practice in fictitious land, true.
    Mar 23 11:07 AM | 2 Likes Like |Link to Comment
  • Yongye's Recent Filings Raise Various Red Flags [View article]
    noblepaladin: Deloitte pulled the plug on CCME only after they were threatened with public humiliation. Do KPMG require similar threat as well?
    Mar 23 10:58 AM | 2 Likes Like |Link to Comment
  • Yongye's Recent Filings Raise Various Red Flags [View article]
    JohnEKoz: What is the basic structure of the company? Where does YONG begin and where does Yongye Group end? He is asking questions, not speculating. Why is Yongye Group never mentioned in the 10K?
    Mar 23 10:47 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
339 Comments
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