Update on Clear Sky Solar (CSKH)

by Joe on July 13, 2010

Clear Sky Solar (CSKH) – A terrific announcement this morning came from Clear Skies Solar, which is indicating it has signed a deal with a large East Coast-based real estate developer called GS Investors.  The deal is for at least 10 MW of solar power installations, which depending on final pricing, could easily exceed $20 million.  In fact, in our conversation with the CEO earlier today, he indicated that the odds of this deal coming in at less than $20 million are extremely small.  When we combine this with the approximately $2 million of previously announced revenue this year, it is easy to see how the Company will likely eclipse its earnings-per-share breakeven point of $12 million to $15 million.  Furthermore, we do not believe the Company is done announcing contracts.  We strongly believe these shares are headed higher.  This is the same opinion we have held since the beginning of the year and we are very pleased to see our predictions coming true.  While CSKH has suffered from an image problem for the past few months, its business fundamentals never changed.  Investors who closely research this Company will likely understand this and will be afforded the opportunity for strong returns.

EGR Disclosures for CSKH

{ 2 trackbacks }

Clear Skies Solar (CSKH) Penny Stock
July 26, 2010 at 6:47 am
Joe Noel Covers Clear Skies Solar Through Emerging Growth Research | Clear Skies Solar | SOLAR IS FOREVER
July 28, 2010 at 1:58 pm

{ 31 comments… read them below or add one }

Rob July 13, 2010 at 5:20 pm

Great Post!

We’ve taking such a beating the past few months that calling our current pps (even after today’s solid gain) “undervalued” is a farce. Will see solid gains here–and very soon.

Wera July 13, 2010 at 9:22 pm

:-) :-) :-)

Thanks a lot :!: – great posting :-)

Jack Kerouac July 13, 2010 at 9:41 pm

the 45 percent jump made my day

Joe July 14, 2010 at 6:51 am

Jack – Mine too. Joe

Wera July 14, 2010 at 11:02 am

:?:
what is going on?? the news is realy good and now??
I do not understand it??
TIA
wera

Rob July 14, 2010 at 11:19 am

Wera,

After an almost 50% gain yesterday a degree of profit taking is to be expected. Also, many people may still be sceptical of CSKH because of the long decline suffered this year. Hopefully we will stabilize over the next day or two and build from that point in s gradual manner. Of course, if / when ADDITIONAL contracts hit the newswire, possibly very soon, then we can expect another spike + profit sharing sell off. Bottom line: CSKH has a solid contract with GS, more work on the horizon, and a TINY market cap. I’m holding/ adding on dips.

Wera July 14, 2010 at 9:06 pm

good morning, gents ( germany right now: 07:00 am )
good morning joe,
did you reach somebody of the management of our little company, so you said that you try??
TIA
wera

Joe July 14, 2010 at 11:43 pm

Wera – Yes – I have talked to Ezra several times. I believe we will cntinue to see news flow on this stock. Break even for 2010 is only $12 to 16 mm and this one contract with GS could easily be $20mm. I can’t see why these shares don’t trade a lot higher as more news comes out. Joe

Wera July 15, 2010 at 12:03 am

thanks!!

solar usa July 15, 2010 at 10:02 am

back to square one

Rob July 15, 2010 at 10:29 am

Bottom Line:

As hard as they are to stomach, irrational selloffs after tremendously positive news are opportunities for investors looking past emotion/short term. More news coming and we’re trading .001 higher than before a 20 million dollar agreement. I added again today.

solar usa July 15, 2010 at 11:39 am

i have been adding for 2 years

Wera July 18, 2010 at 9:07 am

Unbelievable :-(

pps: 0,034 ….

solar usa July 19, 2010 at 8:33 am

NO REVENUE PRICE GOES DOWN

Tom July 20, 2010 at 4:16 am

Apparantly there are a handful of people who trade the shares. They take each cent of profit – at 3 cents they buy – at 5 cents they sell. If this effect will leave – CSKH will see much higher prices! These levels are absurdly. In a few month we will see 50 Cents or more, if it comes true, what the management of Clear skies announces!

Jack Kerouac July 20, 2010 at 9:31 am

Tom, if we see 50 cents by october I will buy you a car. Promise. What am I saying? That will never happen. Shoot for 10 cents before you even dream about 50

Rob July 22, 2010 at 4:33 pm

Joe,

Any further updates expected from CSKH? Seems like a lot of big sellers have been suppressing the price since the big announcement. Hopefully, the big volume over the last several days means some/most of them are clearing out and can let the fundamentals ride this up. It makes NO sense having this company valued at it’s current market cap.

Joe July 22, 2010 at 5:22 pm

Rob – I agree – A big seller smacked this down big time. I agree the price looks pretty silly considering the 12 to 16 mm breakeven – joe

Wera July 23, 2010 at 2:21 am

sounds good :!:

“Ten Million Solar Roofs Bill Clears Senate Energy Committee
in News Departments > Policy Watch
by SI Staff on Wednesday 21 July 2010
The U.S. Senate’s Energy Committee has approved, by a vote of 13-10, the Ten Million Solar Roofs legislation – a bill by Sen. Bernie Sanders, I-Vt., that is designed to encourage the installation over 10 years of 10 million solar systems in the U.S. Sanders introduced the legislation in February.
The measure would authorize $250 million for competitive grants in 2012 and additional funding through 2021. Along with existing incentives, the program could meet and exceed the goal of installing 10 million solar systems over a 10-year period, according to the U.S. Department of Energy.
The legislation would help finance the installation of up to 40,000 MW of new solar energy. In the process, the cost of generating solar power would fall, and the U.S. would become the world’s leading market for electricity generated from the sun, according to Sanders.
After the measure cleared committee, Sanders asked Senate Majority Leader Harry Reid, D-Nev., to include it in energy and climate change legislation he is expected to bring before the full Senate this summer.
SOURCE: Office Of Sen. Bernie Sanders”

Rob July 25, 2010 at 10:22 am

Wera,

Great post. It’s easy to forget that cskh is part of a larger industry. Solar has struggled the last couple of years, but is from many indications, including the above article, ready to soar again. I for one think we’re at or near the bottom of this downtrend. Remember, we’ve been artificially down with these warrant sellers but when that’s over and fundamentals kick in, the correction will be fast–far faster than many who have written off our small company might believe. gl.

Wera July 25, 2010 at 11:22 am

hi rob,
and if you have only one eye: read the news!! :!: ;-)
http://www.otcmarkets.com/stock/CSKH/news
10 mw – 20mio$ – G&SI in the move ….

it is a win/win situation for css and G&SI ….

we will see
regards
wera

Joe July 25, 2010 at 6:42 pm

Rob- Great point – CSKH has delived on what they said they would do – with a breakeven of between 12 and 16 million they are clearly into profitability. Have reason to believe the situation with the convt debt guys is changing. This will create a huge turn around in these shares. No reason CSKH should not be 8 to 10 cents here. Joe

Chris July 26, 2010 at 10:40 am

Thanks for this tip, Joe. I did some more research on Clear Skies and Ezra Green and am feeling confident about this stock. Unlike most penny stock companies, Clear Skies actually has a track record of sales, a competent CEO and a knack for attracting good publicity. Here’s some more info on CSKH, based on my research: http://solarstockinvestor.com/solar-stocks/clear-skies-solar-cskh-penny-stock/

Rob July 26, 2010 at 12:15 pm

Joe,

My thoughts exactly. If we are already at profibility for year any subsequent contracts announced are just icing on the cake. Even with today’s nice 30% gain we’re still undervalued by several Xs. If news flow is strong, this could be one heck if a surprise stock for all the doubters.

Clear Skies Solar July 28, 2010 at 1:49 pm

Afternoon group, interesting points and insight from Joe. Thanks always for the support.

We wanted to let everyone know that the Company updated its corporate presentation and business highlights and released it via a video presentation you can find on the YouTube Channel as well as on the Company’s IR website: http://SolarIsForever.com.

We will keep tabs on comments and make sure to answer any questions that we believe we may have answers for. If anyone would like to get a call or email from IR please contact us directly.

Clear Skies Solar, Inc.
Investor Relations Department

Email: IR@ClearSkiesSolar.com
Phone: 1-877-309-CSKH (2754)

josey July 28, 2010 at 2:34 pm

Solar-Power Industry Hits Magic Number
http://www.cnbc.com/id/38446145

a good read for those long on solar, and long on Clear Skies

Jack Kerouac August 2, 2010 at 10:49 am

ooo baby. with the run up today im almost sorta even on this one…. or at least not down 60 percent

Joe August 2, 2010 at 11:24 am

Jack – Good to see you are about even – I have never doubted by rec on CSKH. I think you will see these shares trade higher over the short term. I like what is happening at the company. With a break even at between 12 to 16 mm, it seems almost impossible for them to lose money for the balance of the year. These shares should be a lot higher. Joe

Jack Kerouac August 2, 2010 at 4:21 pm

Joe, it seems impossible but I’ve learned to never trust pink sheet companies. Also the 20 million dollar contract is over a year span correct? So it is plausible that they only get a small portion this year. Just trying to keep the optimism very cautious.

Joe August 3, 2010 at 8:33 pm

Jack – Relative to the $20 mm contract for Clear Skies. The company thinks 20 mm is the minimum not the max. It may not all come in this year, but most likely will. Remember the break even is at between 12 to 16 mm. They already had about 3.5 mm – this additional $20mm order makes profitability highly likely. In my opinion, we will see more deals out of CSKH before long. No reason these shares should not be closer to 10 cents than to 5 cents. Joe

John August 4, 2010 at 5:45 am

Joe, I agree the shares should be higher. But I still believe this recent spike in price is once again caused by the short term traders who are pumping/dumping. I would expect it to top below $0.04 once again before it comes up for the long run.

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