STP CC was very upbeat and discussions with analyst was very CREDIBLE.
STP raised the gross margin from Q1 of 19.9% to an improvement of 1 to 2% for Q2....that is a 5 to 10% BETTER sequentially than just completed Q1.
I expect STP to easily achieve this improvement in gross margin on Q/Q basis.
Spain has 5% better pricing than robust Germany.
Korea & Italy is the new growth area for 07.
Breakdown of sales by markets for Q1:
Germany 46%
Spain 46%
US 7%
STP REMAINS Sales leader in Solar sector compared to SPWR & FSLR.............
With todays HIGHER Sales guidance for Q2 & 07 STP ......remains BEST OF BREED !!!!
STP will be a strong performer going forward.
Good luck on today's STP trading as it is already HIGHER in pre-market by +$1.54...so far $$$
Please do your own due diligence.
BLOG does not give BUY or SELL.
Saleem
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