Forget about long YGE takes to pay their bills, how much debt is coming due in May of 2015! Go buy some more stock and forget about how YGE has the worst margin in the industry (maybe not the worst but it is not good)! Get this thing to $4!
Why did it peak then fall? Solar stocks go up for no reason at all sometimes. Then everyone figures that they are going to have to issue stock. Then when the stock is selling for 4.50 they dump. 25 million shares on the market for 3.50. They also have a huge bond refinancing that needs to be done by May 2015.
You have people with strong hands on this board that are still holding stock bought at $15. Seriously they have been holding forever!
Who remember CFO wangs prediction of being profitable in Q2. Since then they flooded the market with another 25 million shares. Wang is clueless.
"The HSBC flash PMI for China came in at 52.0 for July, well above forecasts of a small rise to 51 in July and the highest reading in 18 months. There was also good news on the outlook, with a sub-index of new orders reaching 53.7"
IKEA to host 'largest rooftop solar project' - - - first in the UK and now Down Under :)
Once complete, the 990kWp IKEA Tempe PV project will be the largest of IKEA’s national PV projects and will comprise of nearly 4,000 Yingli Polycrystalline solar PV modules, 43 SMA Sunny TriPower inverters and a solar mounting system manufactured by Schletter Pty Ltd. The project is scheduled to be complete in mid-September and will supply over 1,300,000 kWhrs of electricity to the building
Interesting insight into the costs involved as of right now in Brazil via Canal Enegia titled
"Solar: National PV cell would be feasible with 3 GW per year market"
According Yingli Solar, imports of panels is still cheaper to produce locally
Mauricio Godoi, the CanalEnergia Agency, São Paulo, Business and Business
SLTD should be trading above $1 with those kind of numbers and hyper growth!
Sentiment: Strong Buy
I strongly feel this time YGE will post positive in 2Q's results and may help its shares to hit $4.
It looks brighter than American / Canadian Solar companies as RGSE, FSLR, CSIQ, SCTY or GTAT
He's the kid in school that wants to cheat off your answers. haha. My suggestion is to concentrate on the future not the past. Very happy w/ recent momo. I got a feeling it's going to pop soon.
Sentiment: Strong Buy