Renewable Energy Asia Group

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11 years 9 months ago - 11 years 9 months ago #10117 by niadmin
A NextInsight reader asked if we are going to the AGM tomorrow.

"Check it out to see if it is a turnaround story. After all, renewable energy is the next big thing."

Ok, we will drop by to see the China-based CEO.....

You have any questions for us to try to ask?
Last edit: 11 years 9 months ago by niadmin.

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  • Richie
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11 years 9 months ago #10145 by Richie
Replied by Richie on topic Re:Renewable Energy Asia Group
It's good to have a wealthy Executive Chairman and controlling shareholder.

Mr Xu Jian has agreed to provide a loan of up to RMB100,000,000 to the Company to meet the capital expenditure and working capital requirements of the Company and/or its subsidiaries. Pursuant to the terms of the Loan Agreement, the Company may drawdown the Loan in tranches of at least RMB10,000,000 from the date of the Loan Agreement until 30th June 2013.
The Loan is interest free and repayable at such time and date as determined at the sole and
absolute discretion of the Company.

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  • Value Inc
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11 years 9 months ago #10159 by Value Inc
Replied by Value Inc on topic Re:Renewable Energy Asia Group
Certainly the business potential is there for REA but the cash-flow is a challenge currently. It depends on yr risk appetite as an investor. This stock may b too 'exciting' / risky for some investors ( who prefer more stable businesses )

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  • MacGyver
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11 years 9 months ago #10160 by MacGyver
Replied by MacGyver on topic Re:Renewable Energy Asia Group
There are actually many comparables for REA in Hong Kong. China Longyuen is the largest player in the wind farm sector.
If you read their reports, you can find that even the largest player has acknowledged that this is a long winter. The earliest date of sector recovery is probably 2Q 2013.
Hence REA must have enough money to last this winter.
I am studying some solar companies at the moment. Always asking myself if these companies can survive this long industry consolidation.
This is the time for you to study the industry and the businesses. Not the right time to buy yet.

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  • Richie
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11 years 6 months ago #11692 by Richie
Replied by Richie on topic Re:Renewable Energy Asia Group
3.9 cents only?

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11 years 6 months ago #11700 by Trojan
A comprehensive research report by Deutsche Bank on the outlook for Chinese wind developers. www.fullermoney.com/content/2012-07-06/wind.pdf

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