Buying More APWR at $8.09
where else can YOU get a Taxi Ride and a Wind Power lesson to boot???
Joe Maxa – Dougherty & Company
I wanted to get a little more color on the expectations for the second half. Obviously it’s a very back-end loaded with your DG business. Can you give us some color on which projects you are expecting to account for that roughly $230 million over the last six months of the year?
[Foreign Language]
Peter Mak
This is Peter Mak. Basically we have 17 contracts ongoing to date and then in the last quarter, the second quarter, a few of them relates to biomass as fuel project. We’re subject to a little bit delay because we want to enhance the design to customize to clients needs and these designs has been completed. So we will be able to catch up with the revenue from these biomass projects. So your question relates to the second half of the revenue, I believe that our existing 17 contracts will continue to provide a basis for us to recognize revenue to achieve the remaining $260 million.
———-
Has no one else noticed anything with respect to Mak’s statement?
Read the very last sentence.
$88,700,000 to date. $320,000,000 formal guidance.
As Maxa “estimates” = remaining 6 months need $230m – actually it is $231,300,000.
So….why does Mak say they expect the 17 contracts to continue to be the basis to achieve the remaining: $260,000,000.
Looks to me like Mak’s figure is already $28,700,000 more. Which equals $348,700.000. Freudian slip? Or does he already “bottom line” know?

