A Power Energy Generation (APWR)
By
Paul Goodwin, Analyst and Editor of
Cabot China & Emerging Markets Report
From Cabot Wealth Advisory, 11/19/09. Sign up for free
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A-Power Energy Generation (APWR): Moving Quickly into the Green energy sector
My stock idea for today is a company that's working in the cracks in the Chinese power grid.
A-Power Energy Generation (APWR) is a small company that builds distributed power generating systems but is moving quickly into the Green energy sector.
A typical A-Power project might be a small (less than $50 million) coal-fired power plant that's adjacent to a factory or industrial park and provides power to the local area. The plant may or may not be connected to the national power grid, but for its local users, it will certainly eliminate the brownouts and outages that plague China's national larger grid.
A-Power has a nice backlog of orders in China, and is working to broaden its geographic footprint (soliciting contracts in India) and its product line (making wind turbine components from licensed technologies).
Demand for power in China is virtually boundless, and the government is also working hard to get a handle on pollution, which puts A-Power at a very favorable intersection.
The stock has just broken out of a long, rising base that began forming in June when it was trading at 7. After tightening up in October, the stock broke out on November 17 on news of a big secondary order for wind turbine components. And news of plans to build a plant in the U.S. to serve turbine customers in North and South America only add to the stock's potential.
The Chinese market seems to be spawning muscular issues like APWR every month, and Cabot China & Emerging Markets Report is a market-leading way to keep up with them. The newsletter also covers the whole spectrum of emerging markets stocks.
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A-Power Energy Generation Systems, Ltd.
No 44 Jingxing North Street
Tiexi District
Shenyang, 110021
China - Map
Phone: 86 24 8561 7888
Fax: 86 24 8583 0606
Web Site: http://www.apowerenergy.com
Details
Sector: Utilities
Industry: Electric Utilities
Full Time Employees: 330
Paul Goodwin
Emerging Markets Specialist, Analyst and Editor of Cabot China & Emerging Markets Report
A researcher and writer for over 30 years, Paul Goodwin has been a member of the Cabot investment team and editor of Cabot China & Emerging Markets Report since 2005. Under Paul’s stewardship, Hulbert Financial Digest rated Cabot China & Emerging Markets Report the number-one-rated newsletter of 2006 with a 78.6% gain for the year, the number-one-rated newsletter of 2007 with a 74.1% return, and the top-performing investment adivsory for five years with a 23.8% annual return as of 10/31/09. Cabot China & Emerging Markets Report was also named 2007 Investment Letter of the Year by Peter Brimelow of MarketWatch.