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Back of the Envelope Quick Analysis of APWR

|Includes: A-Power Energy Generation Systems Ltd. (APWR), CSIQ, TSL, YGE, YZC

people ask me '''is this a good time to invest into APWR "" and I answer , ""I dont know the timing issue'''.   At $21 a month ago, it was overvalued and with the unknown private placement going to short term dilute existing shareholders, it will take some time for APWR to catch up with earnings growth vs stock issuance.

With a forward P/E looking forward of 10 , APWR is perfectly priced imho for a great buying opportunity riding the upcoming summer weather and the ramping of wind power by China for end of 2010.   Record earnings are coming for APWR and will continue throughout 2010 and beyond.  Too many good parts and pieces going to add to record 2010 and 2011 earnings and revenues and net income.   Solar, Geothermal, Hydropower, and GE Gearbox Factory are all going to ADD to revenues during late 2010.

4th Quarter revenues coming in at 130+ Million and analysts had a 112 million handle before management told the paid analysts that revenues would be record year.   2010 guidance will come shortly and APWR management is going to guide up 500+ Million from 320 million for 2009 with the wind side ramping.

so, all in all, if you want a SOLID DIVERSIFIED cash cow to ride and is involved with China green power and energy, APWR is the best choice out  there imho with a target price of $28 for end of 2010.

Author is LONG APWR



Disclosure: author is long APWR