JUHL`s big announcement now puts them in the big leagues
I am sure you would like to meet a small company with friends in high
places
Then let me introduce:
Juhl Wind, Inc. (
JUHL)
I won`t keep you hanging...this news is confirmation (to me) that
JUHLis on the "right track".
Juhl Wind Partners with Honeywell on U.S. Department of Energy Project
JUHL and Honeywell International have been awarded a United States
Department of Energy program to test the application of a proprietary
Honeywell remote data monitoring system for turbine maintenance.
JUHLwill be providing the field application, installation, monitoring and
support on a number of installations around the United States. Read
the full release here
I can only assume that Honeywell did their due diligence before
bringing
JUHL into partnership with them. I think that it says a great
deal about
JUHL that a company with $31 Billion in revenues
(Honeywell, of course) is partnered with a company that posted
revenues in the area of $1.5 Million (ahem,
JUHL).
But, Honeywell won`t be doubling or tripling revenues like
JUHL is
expected to do in 2010!
Why would they pick
JUHLJUHL has been HIGHLY successful in the development and management of
wind and solar projects. How many alternative energy companies that
you know have this track record
The successful development (and operation) of 14 wind farms currently
generating 117 Megawatts (MW) of energy
Engaged in the development of 28 wind farms totaling an additional 450
megawatts of community wind power systems.
Oh, that`s why!
JUHL is a revenue-producing, vertically-integrated, wind and solar
company that is establishing a strong presence in both the solar and
wind industries in the United States and Canada.
JUHL are specialists
in what they call "Community-based" wind power generation and
management which provides for local ownership of medium-to-large scale
wind farms.
JUHL generates revenues from the full range of services it provides to
both solar and wind projects:
Feasibility Studies
Full-scale Development Management
Planning, citing, engineering and financial analysis, project
financing and construction
Construction Management
Long-term Operations and Maintenance
Equity Ownership
One last thing:
The chart offers a great setup for possible gains:
The stock appears to be sitting on support at around $1.60
Current volume is light, but
JUHL is a "float stock" -- meaning there
aren`t many shares out there in the public`s hands.
MACD is bearish, but is not trending significantly. It could turn
positive quickly if volume comes back into the stock.
The selloff over the last few days has lessened any overbought
pressure as indicated by the stochastics
As I mentioned in my earlier email, "I liked it then, but I love it
now."
JUHL is, to my mind, a well run company. They have experienced
management, growing revenues, cash-in-the bank (over $5MM) and NO
DEBT. This Honeywell deal could be a "game changer" for them and is
confirmation that they are on the right track.
Do your own due diligence and be ready to trade.
Trade like you mean it!
Jeffrey Dean
Editor
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