With the observation on the historical chart, highest closing for the past 6 years was at 1.2c. i think profit take first unless there are some strong announcement coming. just my views.
wynlim yes looks interesting and from loss making to profit gain. A sudden strong que at 9/9.5c. with this market sentiment still not bad. hopefully like you said so fingers crossed.
Melissa2, coming quarter result easily > 5mil , in term of PE not cheap but like i said b4, PA is about how a loss making company turning around story..
As i know, 2 in 1 doesn't need to mean bad always so long the good intention of direction of the company. In fact, there are more controlling power to the Boss because of less tickets outside. What do you guys think of this 2 in 1 move? Mind share your experiences? Thanks
First Solar – Shares of the solar panel maker jumped more than 13% after the company’s third quarter results handily beat analyst expectations. First Solar earned $1.45 per share during the quarter, which was more than double the expected 63-cent profit per share, according to estimates from FactSet. Revenue jumped 70% year over year to $928 million. EPS for current year is estimated at $2.48. Back to PA, PA should be doing well too in its coming QR. And I assume that contracts from First Solar should keep them busy now til 2021 or secure more contracts in coming months and the company's results may not materially impacted by the pandemic.
Biden won as US president strong postive to solar, so, will PA resources with FIrst solar....quote***While measures to put limits on fracking and move away from coal are painted as controversial by both politicians and the media, public-opinion surveys routinely show most Americans support the shift towards renewable energy. More than half of U.S. states have adopted renewable targets for their utilities, and solar and wind energy are now cheaper than coal and natural gas in many parts of the country.
There’s evidence that Biden will find popular support for measures meant to encourage investment in renewable power. Krosnick’s recent surveys found that Americans are overwhelmingly in favor of government incentives to build more wind, solar and hydroelectric capacity. More than 80% of those polled favored tax breaks for utilities that reduce greenhouse gas emissions. These policies could end up blocked by a Republican majority in the Senate.
Public support appears to extend beyond a cleaner electric grid. The Yale and George Mason survey found 71% of voters support legislation "eliminating fossil fuel emissions from the transportation, electricity, buildings, industry, and agricultural sectors in the United States by the year 2050, ” another key aspect of Biden’s plan.
While Krosnick didn’t test Biden’s policies in his polls, he did find that 75% of Americans favor stronger energy efficiency standards for new buildings, and 71% favor stricter standards for cars and appliances. Trump presided over reduced energy efficiency standards.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chinaman
3,298 posts
Posted by chinaman > 2020-09-30 12:52 | Report Abuse
hard to find another GEM. PA -proxy to solar industry sure very promising prospect to grow exponentially. still hold on this GEM