How do I know APWR is undervalued at $8.00 ?? Its pretty easy, when a company with 100% growth potential in revenues is valued at less than one times revenues, well, every blind hog finds an acorn once in a while.......... (NASDAQ:APWR) is going to grow revenues in 2010 by 100%, yes, DOUBLE revenues with the added wind revenues and several large new wins coming to fruition.
from the transcript conf call.............
On the new business front, we successfully signed several large scale DG contracts that boosted our customer deposits and paved the way for a significant growth in the near future. We entered into an MoU to construct a large offshore LNG complex and hope to sign definite documents before the end of this year.
We are also continuing to negotiate with Advance Agro Public Co. Limited of Thailand, to expand the PP9 and PP10 DG projects that we started in July 2009. With Shenyang government's declared support for our majority owned DG industry alliance, Shenyang Power Group, we are well positioned to win high-profile contracts for DG systems and micro power grids both in China and overseas.
So, adding APWR for a long term position is simply a no brainer in any investors long term growth investment. How will the GE Joint Venture impact 2011 revenues given GE is going to invest to make (APWR) their joint partner in China. APWR may be a new player in wind for China but (NYSE:GE) has a long established track record to be #2 in Wind for the world.
DISCLOSURE :: Author is LONG APWR for a LONG TERM INVESTMENT