Arthur should have sold out all his share by now and Sunpower starts to look good with 2 recent contract win! Started with a small position in the morning
Any idea why Artur sold out such a big holding ? Was he in need of $? Or did he see something we don't know about?
Contract win just announced looks very important.
SunpowerGroup secured a RMB253.5 million EPC contract with BaoTa
PetrochemicalGroup forthe firsttime
• To supply sulphur recovery and flare systems for Xinjiang Kuishan
Petrochemical Base, a large‐scale oil‐coal‐chemical‐power‐heat integrated
project of BaoTa PetrochemicalGroup
• Currently the largest contractfortheGroup’s Energy Saving and Environmental
Protection Systemssegment
• To ride on higher demand for the Group’ssulphur recovery systemsin view of
stricterindustrial emission standards outlined in China’s 12th Five‐Year Plan
Two big projects [RMB130m in Jun and RMB250m in Jul] secured over two months. Many more projects should be in the pipeline. I guess it could be the ideal time to start accumulate bit by bit and wait for another announcement.
Anyone familiar with Sunpower here? Look forward to hearing yr view. Tks
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