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SIT Sanditon Investment Trust Plc

90.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sanditon Investment Trust Plc LSE:SIT London Ordinary Share GB00BMPHJ807 ORD �0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 90.00 88.00 92.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sanditon Investment Share Discussion Threads

Showing 2376 to 2395 of 2875 messages
Chat Pages: Latest  103  102  101  100  99  98  97  96  95  94  93  92  Older
DateSubjectAuthorDiscuss
29/6/2007
13:32
hi, ive been in and out since 25p last year and am a bit suprised by lack of movement up recently.
some of the questions about margins above are solved by having this agreement with upc solar. the margins are ok for their projects that were not finianced by them avg about 20% and the financed ones didnt make any money at all so didnt help balance sheets.
now upc pay for the projects like that so sit get the 20% margin, this is what todays rns is about so is good news, even more so in that it was from coke cola so repeat orders are still coming in. its sold for a good price i think as its only a 750kw system (there is a picture on upc website)
also sit didnt get the walmart contract it went to a group including bp

motoben
29/6/2007
10:13
ok,yah - and what exactly gives you that impression? regards
786abdul
29/6/2007
09:57
suggests cash is tight and struggling for working capital IMO
ok,yah
29/6/2007
06:30
Solar Integrated Technologies Inc
29 June 2007


SOLAR INTEGRATED COMPLETES $4.1M SALE OF TWO COCA-COLA PROJECTS TO UPC SOLAR

London, UK, and Los Angeles, California, June 29, 2007 - Solar Integrated
Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated
photovoltaic (BIPV) roofing systems, announced today that it has completed the
$4.1 million sale to UPC Solar, a developer of solar energy projects in the
United States, of two new solar power projects that were designed and installed
on the roofs of two Coca-Cola Bottling Company facilities in Orange and
Montebello, California, using Solar Integrated's innovative BIPV system.

The two systems, to be owned and operated by UPC Solar under a long-term Power
Purchase Agreement (PPA), are expected to reduce carbon dioxide (CO2) emissions
by more than 950,000 pounds, Nitrogen Oxides (NOx) emissions by more than 320
pounds, and Sulfur Dioxide (SO2) emissions by about 50 pounds.

These Coca-Cola projects are the first two projects completed by Solar
Integrated and UPC Solar under the preferred supply and cooperation agreement
announced in April 2007. Under the agreement, Solar Integrated is the preferred
supplier to UPC Solar of BIPV roofing systems and certain other thin film solar
products, solar roofing installation services, and renewable energy management
software systems for solar installations. UPC Solar is Solar Integrated's
preferred developer for solar energy projects in the United States where the end
customer prefers to purchase solar generated electricity under a long term power
purchase agreement rather than purchase, own and operate the solar energy system
directly.

'A rising number of customers in key market segments are entering into solar
PPAs, including big box commercial customers,' stated R. Randall MacEwen,
President & CEO of Solar Integrated. 'Solar Integrated now has over 5 MW of
installed projects operating under PPAs. In partnership with UPC Solar, we are
well positioned to tap this growing market segment.'

This transaction was approved by Solar Integrated's board of directors,
excluding Mr. Caffyn, Nicholas A. Wrigley and Frederik W. Mowinckel who did not
participate in the relevant board discussions and did not vote on the relevant
board resolution given their relationship with UPC, including as nominees of UPC
to the Company's board of directors. Any future commercial arrangements between
Solar Integrated and UPC Solar will be similarly approved, and will constitute
related party transactions within the meaning of the AIM rules.

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
.

About UPC Solar:

UPC Solar is a solar energy development company focused on helping companies,
governmental entities and utilities take advantage of the numerous benefits of
solar electricity. UPC Solar's power purchase agreement (PPA) enables customers
to quickly access solar electricity without large upfront capital investments.
UPC Solar designs, builds, finances, owns and operates solar electricity systems
customized to each customer's site. UPC has a deep history in renewable energy
with 750 MW of renewable energy operational and another 3,000 MW of renewable
energy in development worldwide. For more information, please visit

www.upcsolar.com
.


Solar Integrated Investor Contacts:

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

Solar Integrated Technologies, Inc.
John M. Palumbo
Chief Financial Officer
Los Angeles, California, USA
+1.562.299.0121

Solar Integrated Media Contacts:
Gavin Anderson & Company
Ken Cronin or Deborah Walter
London, UK
+44.20.7554.1400

UPC Solar Contact:
UPC Solar
John Kerastas
VP Marketing
312-674-4961 Office
630-640-4251 Cell

jkerastas@upcsolar.com

786abdul
27/6/2007
14:45
does anyone have news of the walmart contract?

would not want to be out of SIT if we are awarded it!

asparks
27/6/2007
12:48
Can't make a profit if your input costs are too high, even if you have the orders!!
smokey 1o3
27/6/2007
12:46
Smokey Joe they need orders to make a profit and the orders are expected to double in 2007. B-)
entini
27/6/2007
12:42
I would not be surprised if margins are under pressure again [see my 2359.
Can they make a profit that is the question not the orders?

smokey 1o3
27/6/2007
12:12
GSands i was on the button at 116p on Friday but for some reason didn't buy.I will get back in here.We need to get back to regular newsflow and the selling to stop.I expect there will be a RNS soon regarding a contract win. Good luck to you anyway.
entini
27/6/2007
12:07
No - I have to confess to selling at the start of the week after reviewing all my positions at the weekend.

We had a glimmer of a bounce on Friday and I told myself that if it didn't follow through on Monday then I would be out.

gsands
27/6/2007
12:03
GSands are you still holding SIT? TIA
entini
27/6/2007
12:01
Maybe 95p, first Fib level?
gsands
27/6/2007
11:57
Folks like me sold after the terrible set of results came out. That said, made a few bob in doing so. Will buy back on hope of the Walmart deal being clinched. Just waiting for the signal.
observant
27/6/2007
11:50
Does anyone think it will hit £1 and bounce? TIA
entini
27/6/2007
11:25
Ok,yah... really useful comment and obviously well researched! If you are no longer a holder, why do you feel the need to still post?
bert brokers
27/6/2007
11:11
Selling at 110p now. Sentiment has changed here.A contract win needed asap.
entini
26/6/2007
10:44
my short looking better by the minute - this looks like its going to burn all its cash and go bust
ok,yah
25/6/2007
16:06
How will the lack of production capacity for refining sand into polysilicon, the material that enables solar panels to capture solar photons and turn them into electricity, effect SIT?

Apparently this factor is causing the cost of this raw material to rocket, with no meaningfull additional supply planned for in the next 2-3 years.

Does SIT use this raw material for its roll-on roof panels and does this being very thin mean not much is used?

Any comments would be welcome.

smokey 1o3
22/6/2007
11:00
Added SIT.

If people want to throw them away then I may as well buy a few.

They'll be buying back again in due course too.

Gotta love this game. Fear and greed. LOL!

gsands
22/6/2007
10:15
Tt's never been right since they published their results which we all knew were not good reading of the past.

The futures bright though. This just needs a couple of contracts announcing to give it that boost it needs.

Preferably a big fat contract with Walmart.

Hanging on for the good news.

observant
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