I am NOT for the fast money. I have invested in YGE since its US offering around 2008(?). Foundation is great, but so was Suntech, and yet their stock loss more then 99%, and now they become STPFQ. Like to preserve my investments with YGE, and avoid Yingli making mistakes STPFQ did; hence all my very critical msgs regarding YGE's SOCCER sponsorships, and my Proposal for Yingli to reverse its losses, by using TQM Cycle of Continuous Improvements.
Management & shareholders should seriously consider Bechtels' Jubail ONE Giga Project contract, and experiment with Saudi Aramco ONE GCCTEC Mega contract, that even cost Yingli nothing today; yet if I were successful WIN WIN WIN solution for all. Why stick with old non working paradigm; where under same conditions TSL makes money, yet YGE keep loosing money quarter after quarter.
No Chinese Solar will ever get the Brand recoginition like now BK Suntech advertising with lighting the Birdnest Stadium in Beijing Olympics. Yet STP become bankrupt STPFQ now; Imho High flying YGE keep loosing money, while low key TSL make profits quarter after quarter. Please ask the question: WHY???
Growth in EU, especially Germany are now minimal, since as you said in the past: Many Rooftops already have Solar Panels installed; however growth in GCCTEC will be exponential, and that is where great profits could be made selling to a very wealthy & reputable ONE client for a Mega Project, that YGE could supply in the next 30 yrs; then afterwards re-supply after that, to replace aging panels. Very little expenditue, yet Super high Profits. It is like Saudi drilling a hole once & oil flows by itself at a cost of only $200/bbl (includes all Employees salary, incl mines before my retirement, hehehe: great life while living & working there). Fracking at minimum $50/bbl cost will never be able to compete, esp now with oil at less than $40/bbl.
Why not do a Paradigm shift & experiment.
Today's tautological homily from mommie's basement. Who said that courses from the University of Phoenix were worthless?
I agree partly with you anggicvg; if you are in for fast money, YGE is not the right stock. It believe they are creating a enormous foundation for future market. If you see how many big names are involved at the FC Bayern, Audi, Adidas and I believe its good to have brand regocnition here
“Yingli partnered with China Central Television 5 ("CCTV 5") to run a qualifying tournament, "Who is the King" to select China's FC Bayern Youth Cup team. The Final Match of "Who is the King" takes place today at 19:30 (CST) in the National Gym in Beijing, and will also be broadcast live on CCTV 5. The Youth Cup is organized by FC Bayern in cooperation with its sponsors, which include Yingli, Adidas, Audi, Unicredit, Lufthansa, Allianz, and Bundesliga.”
Yingli partnered with other famous large companies on this effort to help young Chinese athletes and gain world recognition. Most people who understand business will see what a great move this is. Yingli’s name will be up there with Adidas, Audi and Lufthansa!
Sentiment: Strong Buy
As a businessman myself, I would still support YGEs move. If you trust them stick with them, if not you are always welcome to move on. To me personally these expenses are to be done. These ensures a strong base for upcoming projects in large numbers. You only see the expense, I see these as investment on future customers who are going to take the company into a position beyond our expectations.
Crude oil went over $60 for the first time this year. Yingli Solar will continue to climb today; enjoy the ride. No more flipping YGE if you sell now you say goodbye!
Sentiment: Strong Buy
Did anybody ever ask at what cost? Can Yingli continue to afford this extravagance? Or, will they borrow more to pay for this event?
How about important to shareholders, like: beating Trina in making profit, since we are in same 3GW production. Then YGE can say, investments in SOCCER sponsorships really paid off. Imho Trina's profit & YGE continuing quarter to quarter loss has proven otherwise though, result CFO was forced to lie, and loss great credibility, like NBC's US no 1 anchor. Once lost, credibility is very hard, almost impossible to regain. In its worst case people will reflect that to the whole company's integrity. Hence NBC very drastic action.
High-flying Suntech also shipped to many many countries in the world, most likely to many more than what YGE shipped today. Yet with being cheated by just ONE "Italian" company, Suntech went BK, now STPFQ worth almost nothing; last: 7 cents/share from over $75 in its heyday mid 2007, more than 99% loss.
Does Yingli shareholders think YGE sponsoring corrupt FIFA, highflying Bayern Munich and unpopular US soccer teams; while selling in "Dubious" countries, where 1st priority were to feed its hungry citizens would make huge profits, and be no 1, that crown was already lost to profitable Trina Solar. Reality is YGE keep loosing money Quarter after quarter, resulting loss credibility for it "lying" CFO. Brian Williams, despite being no 1 News Anchor paid very dearly for his lie (actually only an over statement, to make the news more interesting), since loosing credibility could not only reflect on ONE person, but the whole company; and NBC wisely recognized that.
Selling to "very few" yet very reputable companies will bring much more profit to Yingli Solar.
My proposal of Feb 9 to make GCCTEC a "reality" from Vision (please read my Proposal) will cost Yingli NOTHING today, since my wife & I will personally absorb the cost.
If I fail, YGE continues to do what it is doing now, and cost shareholders not even a Penny; however if I succeed, what would be the "payoff" for Yingli & its shareholders. As I said WIN WIN WIN solution for all,
A "paradigm shift" and "Out of the box" solution for Yingli Management & shareholders to seriously consider. Still waiting for my "Percentage" Contract with Yingli, to be written by their own lawyers.
Kgolesorkhi, Agree 100% with you. W/o the huge debt burden, YGE, like TSL would have been profitable. Question: Where does this huge debt come from? Why did TSL under same condition NOT have such high debt??? The only differentiation I see is: Very expensive SOCCER sponsorships. Corrupt FIFA, and high flying Bayern Munich are eating up most of Yingli's income, and YGE have to stop borrowing, and keep sponsoring such corrupt organizations (deal for Qatar World cup deal, showed how votes were bought, and other unethical deals).Bayern Munich players are famous for their high life, beautiful women, BMW's, Mercedes' & super luxury mansions. We, YGE shareholders paid for all those excess.
TSL become profitable, since they do not have such a heavy burden; YGE management could do a paradigm shift, and do ONE Bechtel Jubail style contract, with the right person who knows the Saudi Aramco inner network dealings, negotiate a very big and especially CLEAN CONTRACT, and make Yingli profitable beyond our dreams. I promise more than what Alibaba with its "open Sesame" wealth; if/when my GCCTEC vision become reality, like Jubail Al Sinaiyah (then continuing Contracts with Yanbu Al Sinaiyah). Like a Picture worth a thousand words, just this ONE Giga contract to build GCCTEC worth more than thousands to poorer countries, where ability to pay is questionable. Suntech became STPFQ because being cheated by an "Italian" company. What chance will YGE be cheated by "Dubious" countries with very little ability to pay, since their 1st priority were to buy food to feed their Millions of hungry citizens. Yeah YGE will get many thousand contracts, however would they ever be profitable with their SOCCER paradigm. Need new & bold actions from Management, with support from watchdog's Yingli shareholder (us) to try something new that today would even cost YGE nothing; since I am eating my own expenses; so YGE shareholders would not loose a Penny from my attempts to sell GCCTEC to Saudi Aramco.
After it run up some more take some profits, what for a pull back and get even more shares! I think it has more room to run up though!
Sentiment: Strong Buy
Those added or started a position below $2, good job. This dip was perfect timing for me to add to my IRA account. I guess it was meant to be. People who takes risks are the ones get rewarded the most. Buying stocks when everyone is running away, i.e. Buffet buying Bank of America during the financial crisis gets the biggest gains. We are hitting crucial technical indicators that will bring in more trend traders. Nice to see increase in buy volume day after day. Nice to see all those that contribute their research and opinions here. We have a good core group.
Sentiment: Strong Buy
YGE problem was / is not lack of orders ! It is the high debt and that they are still working with a loss ! The debt is so huge that they are giving all their income for the interest ...
“The fall in module prices has driven smaller and financially weaker players out of the business, leading to the consolidated positioning of industry leaders such as Yingli Green Energy (YGE), Trina Solar (TSL), and JA Solar (JASO). First Solar (FSLR) maintains its leadership position in high-efficiency thin-film PVs.” Market Realist 2/10/15
Sentiment: Strong Buy