Updates

Renesola

October 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.

Renesola gapped higher following a trading statement which said roll-out of its mono crystalline furnaces has been completed ahead of schedule and all 90 furnaces are operational (this was expected by the end of 2006). The company’s commissioning of wire saws to slice the silicon ingots into wafers is also progressing ahead of schedule, with the first saw already operational, four additional saws being installed and the remaining 17 saws should be delivered by the end of 2006. Renesola also said it has entered into long-term sales contracts with three solar module producers. Over 90% of capacity for 2007 is now pre-sold. Broker Ambrian forecasts sales of US$90m and profit of US$22.6m this year, almost US$4m ahead of the forecast we ...

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Tarsus

Computer Software Group

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 - Forecasts upgraded again (November 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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