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FatalWishes
Administrator
Posts: 5589
Registered: 6/24/2004
Location: Fort Worth Texas
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Mood: Aging Cynic
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China Technology Development Group Corporation (CTDC)
| Quote From Source: | CTDC Completes the Purchase of Manufacturing Plant for PV Solar Thin Film Base Plate
HONG KONG, Dec. 13 /Xinhua-PRNewswire-FirstCall/ -- China Technology Development Group Corporation (Nasdaq: CTDC, "the Company" or "CTDC"), a provider of renewable energy solutions and applications focusing in solar energy, today announced that it has completed the purchase from China Biotech Holdings Limited ("China Biotech") of the plant located at China Merchants Zhangzhou Development Zone ("CMDZ") in China for manufacturing PV solar thin film base plates.
The Company expects to complete the installation of the showcase production line by January of 2008 and to be operational in late 1st quarter to early 2nd quarter of 2008. The plant facility is expected to accommodate 4-6 production lines in 2008 with an annual production capacity of approximately 300,000 to 400,000 base plates. The Company will announce additional details of its production plans and products at a later date.
| | Click source url to view entire story. |
http://biz.yahoo.com/prnews/071213/hkth006.html?.v=28
Last Trade: 5.87
Trade Time: Dec 21
Change: Up 0.12 (2.09%)
Prev Close: 5.75
Open: 5.85
Bid: N/A
Ask: 6.57 x 100
1y Target Est: N/A
Day's Range: 5.60 - 5.95
52wk Range: 2.60 - 11.98
Volume: 151,365
Avg Vol (3m): 1,320,250
Market Cap: 83.04M
P/E (ttm): N/A
EPS (ttm): -1.04
Div & Yield: N/A (N/A)
This may be a good stock to get into early. I'd keep an eye on it and if they start becoming profitable and getting contracts it would be time to buy. At $5.87 a share...$1000.00 would buy about 170 shares. You could triple your money on this stock next year. Solar is still hot and will probably stay hot throughout 2008. Get in while its cheap.
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
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posted on 12/23/2007 at 21:30
