Updates

Renesola - Forecasts upgraded again

November 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares made headway after China-based Renesola announced continued flawless execution of its business plan. It said it had revised its production capacity for solar wafers from 125MW by the end of 2007 to 180MW, an increase of 40%. The capacity expansion will be financed through a combination of existing resources and operating cash flow. It compares to production capacity which stood at only 3MW at the end of 2005. To supplement the 90 existing monocrystalline furnaces, it is planned that 100MW of new production capacity will be provided by multicrystalline furnaces, which are capable of utilising poorer quality silicon scrap. In tandem, Renesola intends to add a further 24 wire saws to slice the ingots from the increased pr ...

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Retail Decisions - Gain: 58% following bid

China Shoto - Host of opportunities cropping up

Renesola - Poorer visibility for the next six months (January 2009)

Renesola - Barnstorming progress and further upgrades (September 2008)

Renesola - Yanks buy aggressively following plans to raise output to one giga watt (June 2008)

Renesola - Gains 127p on the month (May 2008)

Renesola - FY09 forecast drops PE to 6 (April 2008)

Renesola (February 2008)

Renesola - Shares up 50% on the month (January 2008)

Rensola (October 2007)

Renesola - Forecasts downgraded (September 2007)

Renesola - Increases annual capacity target to 373MW (July 2007)

Renesola - Likely to pull another rabbit out of the hat (May 2007)

Renesola - US$120m bond placing (April 2007)

Renesola - Expands wafer cutting capability (March 2007)

Renesola - Brokers set £8-£9 year end targets (January 2007)

Renesola - Yet another profit upgrade (December 2006)

Renesola (October 2006)

Renesola - Explosive quarter-on-quarter growth (September 2006)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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