Camino’s Solar index has been updated effective January 30, 2009. Two companies, aleao solar (AS1.DE) and Solar-Fabrik (SFX.F) were removed due to their market cap declining below USD 100 million. Two companies, SMA Solar (S92.DE) and GT Solar (SOLR), passed all of Camino’s screens and were added to the index. The number of companies in the index remains at 31.
Posts tagged ‘SFX.F’
Since last Thursday 34 of the 36 companies in our Solar index have declined driving the index down 11.5%. One exception, with no price changes, was Solargiga (0757.HK) which requested trading in its share be suspended starting at 9:30 AM on Friday, September 5th pending “the release of an announcement relating to a major transaction”. Solargiga is engaged in the manufacturing of monocrystaline silicon and in reclaiming and upgrading silicon. The company is acting fast with a “major transaction” coming just 6 months after their IPO debut on March 31, 2008
The only company advancing, albiet a modest 1.6%, since Friday is Solar-Fabrick AG (SFX.F). Solar-Fabrick manufactures modules and is also in the reclaiming business through its July 2005 acquisition of Global Expertise Wafer Division Ltd., a wafer trader and recycler of semiconductor silicon.