Sanditon Investment Share Discussion Threads

[hosede] 22/8/2007 15:16

Stnick
sorry if I was a bit sharp. suggest you immerse yourself in the financials - its the most useful bit of AFN - though not always 100% up to date

[asparks] 22/8/2007 13:05

weird - loads of sells and price rises!

[stnick] 16/8/2007 17:06

hosede

am pretty new to adv and so not au fait with all bells and whistles.

It seemed from ealrier posts though that stegrego had suggested a huge figure of debt that another poster disagreed with.

It didn't seem that they couild both be right so was merely ascertaining their thoughts.

and yes i can be lazy!!

[babylon3] 16/8/2007 16:01

You can trade with TDW online

[allium] 16/8/2007 15:45

I've been keeping an eye on this thinking I'd get in if and when it ever bounces.

But I've been talking to my broker Fidelity who says that I can't trade it on my sharenetwork account because it isn't a member of Crest – so the only way I can trade in it is by paper certificate.

Is this what other holders have found or have any of you managed to trade it on the net?

[hosede] 16/8/2007 09:59

strick
are you too lazy to look at the financials for yourself - they are only two clicks away - and by far the best bit of ADVFN's website (IMO)

[motoben] 15/8/2007 07:56

great, no news and we get tossed down more than the main markets on low volume, another contract and we get a 1% pre open tick up, arn't we lucky.

im off to viadolid in a couple of weeks so will have a look at the mall

[786abdul] 15/8/2007 07:31

Solar Integrated Technologies Inc
15 August 2007

15th August 2007


SOLAR INTEGRATED WINS THREE SPANISH ORDERS FOR US$1.7 MILLION, INCLUDING TWO
ADDITIONAL ORDERS FOR UNIBAIL-RODAMCO SHOPPING CENTERS

Brings Total 2007 Orders for Unibail-Rodamco Shopping Centers to Four


London, UK, and Los Angeles, California, August 15, 2007 - Solar Integrated
Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated
photovoltaic (BIPV) roofing systems, announced today that it has won three new
orders from Master Renovables, a Spanish engineering firm and solar integrator,
aggregating $1.7 million. Two of these orders are for BIPV roofing systems to be
installed at two shopping centers owned by Unibail-Rodamco, the largest
owner-manager of retail properties in Europe. These projects will be installed
at Unibail-Rodamco's Barnasud Shopping Center in Barcelona and Vallsur Shopping
Center in Valladolid. All three projects are expected to be completed in 2007.

'Our BIPV roofing systems will now be installed on four of Unibail-Rodamco's
premier shopping centers in Spain,' stated R. Randall MacEwen, President & CEO
of Solar Integrated. 'This is an excellent validation of our strategy to develop
repeat business for customers with large portfolios of buildings in our key
vertical and geographic markets.'

Mr. MacEwen continued: 'Our investments in staff, product development and
certification, infrastructure, marketing, brand development and channel partner
development are bearing fruit in the European solar markets of Germany, Spain,
France, Italy, Belgium and Greece. Our European order intake so far in 2007 has
exceeded our expectations.'

Jordi Giro, Managing Director of Master Renovables stated: 'We continue to be
very excited with the market interest in Solar Integrated's BIPV roofing system.
Their integrated solar roofing system meets the cutomer's energy, environment
and roofing needs. This means that we are able to present a unique and value-add
proposition as compared to selling after-market solar modules that do not
address the customer's roofing requirements.'

Bart Van Ouytsel, Vice President, European Sales and Marketing, commented:
'Master Renovables has proven to be a highly effective channel partner for our
BIPV roofing systems in the Spanish market. With these three new projects, to
date we have received orders from Master Renovables for a total of 7 projects
representing in excess of 700 kW.'

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 Carrefour, Coca-Cola Enterprises, Frito-Lay,
Honeywell, ProLogis, San Diego Unified School District, Tesco, Toyota,
Unibail-Rodamco, UPC Solar, U.S. Air Force, U.S. GSA, U.S. Navy, Wal-Mart and
Westfield. For more information, please visit
www.solarintegrated.com

[observant] 14/8/2007 20:24

Heres what SIT says.

CEO also stated "Company will be loss making in 2007 i.e £2.5m but should become profitable on a monthly basis later this year. In 2008 will see annual profits of £1.5m and in 2009 should see profits of £7.95m. EPS respectively 4.3 cents and 18 cents. giving forward PE 15.2 times."

[motoben] 14/8/2007 19:15

john M. Palumbo, Chief Financial Officer of Solar Integrated, stated: "With these four projects closed, our year to date revenue through the end of July is approaching $30 million.

from recent guidance, considering they will have less inventory, staff and have received $3m from former director,
no more 0% margin projects in usa
no european operation start up costs

so if they have margins of 15% = about $4m +$3m

overall i predict a loss of $2m

[miyamoto musashi] 14/8/2007 14:56

What are people's expectations of the interims?

Last year $ 11.2 million loss.

This year? Anyone?

[contactamir] 14/8/2007 14:39

too cheap just bought more

[stnick] 14/8/2007 09:20

followed this stock from 30p early this year, bought at 62p sold at 91p so not a bad little turn.

Stegrego, how much debt does the company have? Figures please not percentages.

cheers

[stegrego] 13/8/2007 23:06

Looks like people eventually figured that even with all these contracts, they still wont turn a profit....

[stnick] 13/8/2007 22:44

yes am also a little negative about the chart.

have sold my holding last friday

[adejuk] 13/8/2007 16:58

60p coming by the chart.

[cyberbub] 09/8/2007 09:34

I have been holding for some time and am still happy enough. The company may have a lot of debt but it is still winning contracts, extending its parterships across the US and Europe and says that it its forecasts for the year are on target. They have got rid of the poor management last year, and while they may not hit the big time for a little while yet, they are good for the medium term IMO.

[geologic] 08/8/2007 21:05

hosede i will thanks.

[hosede] 08/8/2007 20:05

geologic
Go back to the quote page and click on financials (top Right)- 98.1% of the market cap is debt!! And if interest rates go up? Nuff said

[guythomas] 08/8/2007 17:35

i'm afraid i got out today..back into gambling stocks like 888,sbt,lng

[don muang] 08/8/2007 17:33

As far as`I remember (without looking back at previous RNS's) then GE Financial were involved in 'saving' the company and therefore it came back from suspension. So they (GE Fin) wouldn't have got involved unless they thought long term prospects were very good. However, don't forget price was around 25p then - so even with recent falls then SIT's share price has nearly quadrupled since the dark days ....

[geologic] 08/8/2007 17:19

Why do you say that hosede? As at Dec. '06 borrowings were appro.$8 mill.Mkt.Cap.is £68 mill.Revenue for '07 is between $60-80 mill.The RNS of 27 july was v.positive and there have been loads of RNS's re. orders.IC are very bullish of this share and repeatedly tip it.Having said that there have been a lot of sales today.Something must be up.
I would welcome more comments and opinions.