Sanditon Investment Share Discussion Threads

[786abdul] 15/6/2007 16:31

Ohboy - if you look into the stock chart and analyse with stochastic, MACD and RSI (also Bollinger band - share price touching the lower band), you will see its indicating 'Oversold'. Now if you believe in this, you will agree with me else no.
Having said that no one can really predict what could happen next week! We can only speculate.
as always dyor..
no advice intended

Regards

[ohboy] 15/6/2007 16:24

Wasn't being offensive, just wanted to know if have you any weight behind what you say.

[asparks] 15/6/2007 16:17

This could be moving down next week!

[786abdul] 15/6/2007 16:16

Right..I said 'could' do! ;) I have the patience...so not worried at all, when the time is right it will move!

Anyway have a nice weekend.

regards

[ohboy] 15/6/2007 16:10

That's what you said last week, 2317 of 2326

[786abdul] 15/6/2007 16:00

This could be moving up next week!

[entini] 14/6/2007 21:36

Don't have aposition here anymore but this could be useful.Good luck.


Southern CO Senate impasse over renewable energy


WASHINGTON (AP) - Senate Democrats, eager for a vote on energy legislation,
ran into staunch Republican resistance Thursday to requiring that utilities use
more wind, solar and other renewable sources to produce electricity.
The proposal would require power companies to increase use of wind turbines,
solar panels, biomass, geothermal energy or other renewable sources to produce
at least 15 percent of their electricity by 2020. Only about 2.4 percent of the
country's electricity is produced that way now.
"We are trying to stimulate production of electricity from these sources,"
the chief sponsor said, and move always from coal, a leading producer of
greenhouse gases.
Sen. Jeff Bingaman, D-N.M., cited a federal study that said if his plan were
enacted, greenhouse gas emissions from power plants would fall by nearly 7
percent over levels projected for 2020.
By a 56-39 vote, senators rejected a GOP alternative. It would have allowed
utilities to meet the requirement by also building more nuclear power plants and
taking new conservation measures.
Republicans then balked and refused to allow a vote on Bingaman's measure.
That forced Democrats to set the issue aside as they worked in private on a
compromise.
If the early going is any indicator, it looks like a bumpy path toward final
approval of the energy bill before the Fourth of July recess.
As discussions continued to try to resolve the renewable fuels impasse, Sen.
John Warner offered another contentious proposal: allowing natural gas
development in waters along the Atlantic coast where a drilling freeze has been
in place for a quarter-century.
Warner, R-Va., wants the Senate to let his state seek a waiver from the
Interior Department to the freeze. The plan brought a quick responses from
senators from other coastal states.
Sen. Robert Menendez, D-N.J., said such drilling off Virginia "could cause a
ripple effect ... and the consequences can be very significant." He added, "This
would leave other states helpless.
Warner said he would withdraw his proposal, for now.
The debate on the renewable fuels proposal was equally divisive.
Senators from the South said utilities in their states could not meet the 15
percent requirement because they lack the wind power and other renewable
resources prominent elsewhere, especially the West.
"I'm not impressed with wind being the national energy source for America,"
said Sen. Pete Domenici, R-N.M., who led the opposition to the renewable fuels
standard.
Twenty-three states have renewable fuels requirements; nine of them are
equal or more aggressive than the proposal federal requirements.
But Bingaman said, "You don't drive development of these technologies if
it's up to each state to decide whether to participate."
He rejected claims that some regions could not meet the mandate. The senator
noted, for example, that much of the South has an abundance of trees and other
plants to make biofuels as well as other renewables aside from wind.
The measure also would permit utilities that cannot find enough renewable
sources to buy credits from other utilities that have exceeded the 15 percent or
from the Energy Department, Bingaman said.
That did not sway Sen. Jeff Sessions, R-Ala.
He said that in his region, utilities would have no choice but to buy
credits at 2 cents per kilowatt-hour and "the cost is going to be very
significant ... with nothing to show for it."
The renewable fuels proposal has been the subject of intense lobbying by
utilities. The Georgia-based Southern Co. has made killing the measure its
legislative priority.
Sessions said the Tennessee Valley Authority, which like Southern is a
leading electricity provider in the South, estimated it would cost $410 million
a year by 2020 for it to meet the 15 percent renewables.
Bingaman questioned those costs. He cited a report from the federal Energy
Information Administration that said the renewable fuels requirement would add
less than 1 percent to the cost of electricity in 2020 and cause natural gas
costs to decline. The report also said the requirement would triple the use of
biomass and increase the use of wind by 50 percent and solar cells by 500
percent.
Critics of the bill disputed the agency's cost findings, saying it did not
examine regional price increases.

Copyright 2007 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.

[scab] 13/6/2007 14:10

said it before will say it again,this stock at times an enigma !

[ok,yah] 12/6/2007 16:28

Down on a 'good news' day is not a good sign and not much buying despite what 'observant' sees..

[observant] 12/6/2007 15:37

Buys and more buys, time this baby starting heading north again. Still leaves us with a good opportunity to top up again.

[ohboy] 12/6/2007 11:33

All buys and they drop the price, what is going on, are they short of shares?

[786abdul] 12/6/2007 09:26

Thanks Entini - Excellent RNS and I believe future is very bright for SIT. Good luck

[entini] 12/6/2007 09:05

Wakey Wakey.


Solar Integratedtech CEC Certification achieved

RNS Number:1836Y
Solar Integrated Technologies Inc
12 June 2007


SOLAR INTEGRATED'S RENEWABLE ENERGY MANAGEMENT SYSTEM ACHIEVES CEC CERTIFICATION

London, UK, and Los Angeles, California, June 12, 2007 - Solar Integrated
Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated
photovoltaic (BIPV) roofing systems, announced today that its proprietary
Renewable Energy Management (REM) software system has successfully achieved
certification by the California Energy Commission for performance monitoring and
metering. This recognition confirms that Solar Integrated's REM system is
certified for kWh data collection and reporting under the new California
Performance-Based Incentive Program. The ability to effectively validate the
production of solar power is particularly useful where the end customer prefers
to purchase solar generated electricity under a long term power purchase
agreement, or PPA, rather than purchase, own and operate the solar energy system
directly.

"We are proud that our proprietary REM system has been recognized as meeting the
new, stringent requirements for renewable energy metering for the important
California market," stated R. Randall MacEwen, President & CEO of Solar
Integrated. "As we look more broadly, we believe the U.S. - the world's largest
energy market - will be one of the solar sector's fastest growing markets over
the next ten years, and that PPAs are an important emerging trend in this
market. We have the ability to offer an effective and simple turnkey solar
roofing solution for our customers, including a state-of-the-art measurement
tool with our REM system."

"We have now installed over 30 REM systems which are monitoring, in real time,
the production of solar generated electricity and the related environmental
benefits from our BIPV roofing systems under a variety of environmental
conditions, with our longest-standing REM system in the field since 2004,"
stated Kurtis G. Borg, Vice President, Energy Management. "Beyond validating
electricity production, our REM system will become increasingly attractive to
customers who seek to monetize the economic value of their reduction of carbon
dioxide emissions as carbon credit markets mature. While complementary with our
BIPV system, we also view our REM system as a stand-alone product offering."

About Solar Integrated:

Solar Integrated Technologies, Inc. (SIT: AIM.LN) is a Los Angeles-based company
that manufactures, designs and installs building integrated photovoltaic (BIPV)
roofing systems for non-residential, low-slope rooftops. We are a leader in the
development of an innovative and proprietary BIPV roofing system that combines
flexible thin-film solar modules with a single-ply roofing membrane for
large-scale commercial and industrial applications. Our BIPV roofing system
enables our customers to transform a traditional rooftop into a value-generating
asset. Our customers include Coca-Cola Enterprises, Frito-Lay, Honeywell,
ProLogis, San Diego Unified School District, Tesco, Toyota, U.S. Air Force, U.S.
GSA, U.S. Navy, Wal-Mart and Westfield. For more information, please visit
www.solarintegrated.com.

For more information, please contact:


Solar Integrated Investor Contacts:

Solar Integrated Technologies, Inc. Solar Integrated Technologies, Inc.
R. Randall MacEwen John M. Palumbo
President & Chief Executive Officer Chief Financial Officer
Los Angeles, California, USA Los Angeles, California, USA
+1.562.299.0136 +1.562.299.0121


Solar Integrated Media Contacts:

Gavin Anderson & Company
Ken Cronin or Deborah Walter
London, UK
+44.20.7554.1400

[ok,yah] 11/6/2007 16:43

Have you seen the balance sheet $70 million dollars of debt - The company almost went bust but managed to raise money by a deeply discounted placing at 30p six months ago - since then a few contracts.

The recent share sale to raise money for working capital requirements suggests money is tight. Losses last year were a massive $22.6 million dollars.

Can they turn it around, I wouldnt bet on it by buying these

[786abdul] 11/6/2007 00:00

I hope get to see an upward move this week, as happens with ascending triangle chart:

Ascending Triangle - Ascending Triangle Pattern

Ascending triangle patterns are bullish and often form within uptrends in stocks as continuation patterns. The ascending triangle pattern resembles a narrowing triangle with a horizontal line of overhead resistance for the stock and an ascending trend line or rising trend line beneath the stock. The overhead resistance temporarily prevents the stock from advancing higher, while the rising trend line beneath the stock signals that buyers are still present. An upside penetration of the upper horizontal trend line is a technical buy signal for a stock breaking out from an ascending triangle pattern.

Context: Found within an uptrend, the ascending triangle forms as a consolidation period within the uptrend and indicates upside continuation will follow.

Appearance: The trend is well-established, and the formation of the ascending triangle is a resting phase for the stock. A trend line can be drawn connecting multiple highs during this time, which should be horizontal to indicate some resistance above current prices. A second trend line is an ascending or rising trend line which connects multiple higher lows during this period, completing the ascending triangle pattern. A breakout should occur about 2/3 of the way into the triangle, and happens when the overhead resistance is penetrated to the upside and buyers rush in to accumulate shares. A stock which does not break out prior to reaching the apex of the triangle is generally sluggish and often a less reliable trading candidate. Volume contracts during the consolidation phase, and should expand during the breakout.

Breakout Expectation: The widest portion of the triangle may be measured and added to the breakout point (resistance level) to determine the expected price advance which follows.



regards

[ohboy] 08/6/2007 15:06

ok,yah - don't agree, why reward $million contract, they are in an industry that is growing fast.

[786abdul] 08/6/2007 14:53

ok,yah - whatever! All the best anyway

[scab] 08/6/2007 11:16

entini,your comment says it all.

[ok,yah] 08/6/2007 11:13

Well the balance sheet looks bad even with the money raised last year - I imagine this is one at risk of going bust DYOR

[asparks] 08/6/2007 08:15

talk about lack of patience. a 3 bagger this year and peeps are dissapointed. Weird.

[entini] 07/6/2007 20:01

scab...looks like it's run out of steam.I hope it comes good for all holders.

[scab] 07/6/2007 12:23

a few months ago this was looking exciting,----what happened ?

[bert brokers] 07/6/2007 10:22

No worries Abdul. Not wanting to be offensive. Who is making this analysis then? Or is it simply because the price hasn't dropped any more you think people will punt in? Cheers.

[norway3] 07/6/2007 10:18

The Director

BFC is heading in one direction alright and it aint up

[786abdul] 07/6/2007 09:42

okay typo error - I was going say Technical Analysis! thanks 'Bert broker';)