*The Carlyle Group owns 12.5 million shares. They apparently aren't selling anytime soon, and have considerable motivation to keep the share price above $1. Buy dips under $1 = almost guaranteed profit imo. Remember this is the same group currently involved in taking FMCN private, and with the recent flurry of arbitrage activity it wouldn't be a surprise to see CREG pr an offer in the near future....
*This is a very strong forward growth story being ignored with titan Carlyle Group hanging onto more than 25% of the O/S for some reason. Oh, and the CEO owns 40% of the o/s.
*Internal controls are effective. This is a gem in a field of Chinese trash.
Quote from Q2 2012 pr:
"As expected, we do not have project completion during the second quarter hence zero systems sales for the quarter. Interest income from the sales-type leases is our other major revenue in addition to systems sales revenue. The interest income has declined marginally as we now have interest income from 11 systems compared to 12 systems in 2011. Our business model is such that we frequently experience non-linear revenue flows on a quarterly basis, which is not indicative of the long-term growth potential of the Company. We have a number of projects in the development phase – none of which are slated for completion until the end of calendar year 2012, and we have a solid pipeline of new projects backed by a strong balance sheet."