Suntech Power Holdings Co. Ltd. (STP) scorched revenue and earnings estimates. Suntech’s Q4 results highlighted a company firing on all cylinders pulling further ahead of their competition.
EPS $0.27, $0.16 ahead of estimates. First half 2010 production already sold out.

Photovoltaic production is the world’s fastest-growing energy technology, but does that make it a good investment?

Localisation is a possible theme for the 21st century. Power production will be among the many utilities that are affected by the localisation wave. Distributed systems will continue to play a role, but networks and many other forces will combine to see the rise of localisation on a world wide scale.
At some point 16% of the worlds dwellings will have their own energy production, then ultimately every building material will incorporate solar with wind generators powering a lot of other needs.
Mass waves from railways to automobiles and on to dot …

Suntech Power Holdings Co. Ltd. (STP)
Suntech Reports Second Quarter 2008 Financial Results
Great results shouldn’t be a surprise to anyone. I’ll write more tomorrow, but from my first look it was a sensational quarter.

Expectations were for $0.32 (.27-.27 range) STP did $0.41 up from $0.25 last year. (GAAP $0.38)
Revenue grew 51.3% to $480.2 million comfortably ahead of the May forecast of $430 million to $440 million. Expectations were for $439M.

Quarter ended PV cell production capacity was 660MW and  is on track to reach 1GW by the end of 2008.
As if that …

I decided to invest some of my profits from selling OHI into buying a trading position in Suntech Power Holdings Co. Ltd. (STP). Back in mid June I flagged that I would wait patiently for STP to come to the value point I wanted…and here it is.
STP has once again fallen to a value point I couldn’t ignore. After a quick refresh of my due diligence I have gone overweight in STP. [Neither OHI nor STP are held in the FI Portfolio] The following notes are my half edited notes …

I have a full sized position of Suntech (STP) in a personal account. Despite that I was disappointed by the large, 9.7%, rise on Friday. I had been hoping to be able to pick up more STP down around the March lows of $30. I had an alert set at $35 and depending on market conditions would have bought around then. Only time will tell if I’ll get that opportunity now.
As this article highlights Cowen and Co. analyst Rob Stone reiterated his outperform and made the bold call that 2009 …