You can´t rely on YGE management. What we need is a buyer of whole company. I am not sure that YGE will get profitable at all, when they have to pay $160 Mio only interest costs per year. I must have been drunk when I bought shares of such company. I can only hope and pray some that some Chinese company will buy them.
The stock performance has been worst than hell for long term investors. The management need to get off their #$%$ and do something quick before this stock reaches zero.
Tomorrow is Friday and YGE will be $2,15-2,20 with this kind of pace. GAY SELLERS will be wetting their pants...AGAIN for a change. :-) I wish that YGE will be taken over by some company, so these LOSERS will sit on their losses and most of us will be released from such a FANTASTIC INVESTMENT!?
"YGE is on highway to hell."
This stock keeps going down as if their business is going to hell which does not appear to be the case. When other solar stacks recover a little, YGE often does not. There appears to be no love for this stock, at least at the present time. No green in YGE? If this keeps up much longer, they will need to change the name and symbol to YE.
Trina is the projected #1 module seller for 2014; Yingli is back to profitability but as you say, need to turn it up a notch via asp's, cost cutting, selling projects etc. to eclipse their FOREX loss and heavy debt interest each quarter. 2015 is Looking Very Promising!!
Sentiment: Strong Buy
YGE is already on a right track. Don´t you see. YGE is on highway to hell. Look at the chart. YGE is a BIGGEST LOSER today....AGAIN. I am fed up with all these GAY SELLERS. Every day is selling day.
YGE is selling enough panels. In fact it is the biggest producer. BUT it is making a LOSS ! So the problem is not the volume of panel sales, it's the DEBT !!!
China set to hit 14GW solar mark
STAFF REPORTER 44 MIN AGO
CLIMATE RENEWABLE ENERGY SOLAR ENERGY
The chairman of Chinese green energy giant GCL New Energy says the nation can still hits its ambitious 14GW solar target despite building only 2GW of the 8GW distributed solar target in the first nine months, PV-Tech reports.
According to the website, Tang Cheng said "explosive growth" in that segment would help China get over the line, with the nation on track to achieve its utility-scale aim of 6GW.
“...with the scale-up of distributed generation policy in the third quarter and promulgation of supporting measures in favor of distributed generation market, it is expected that installed capacity will gradually grow in the third quarter and will experience explosive growth in the fourth quarter,” he wrote in the company's interim report.
Analysts had said that insufficient subsidies and bank support, as well as difficulties in acquiring rooftop rights were among reasons the industry was lagging the target - with IHS saying in early October in would "definitely" miss the distributed solar target. Some analysts have predicted that the delays in China could see Japan overtake it as the largest end-demand market for solar in 2014, PV-Tech added.
China’s yuan is relatively closely tied to the dollar. The collapse of other currencies relative to the US dollar makes Chinese exports more expensive, and is part of the reason why the Chinese economy has been doing less well recently.
"GE Energy Financial Services and Tokyo-based Pacifico Energy are building the 42MW Mimasaka Musashi solar plant in Japan. The project, to be sited on a former golf course in Mimasaka, Okayama prefecture, is the second joint venture by the duo in the country."
"The facility is expected to reach commercial operations in the third quarter of 2016 and sell its power to Chugoku Electric under a 20-year power purchase agreement at a fixed tariff rate."
"Pacifico Energy is managing construction and operations while Toyo Engineering Corporation is the construction company on the project and PV panels and inverters are being supplied by Yingli Green Energy and TMEIC, a Toshiba and Mitsubishi joint venture."
yep, truly an investors best friend- putting their members in a great position to succeed
No one saw this coming. Things will bounce back quickly next year. They're saying that the oversupply won't resolve until Q2 next year. YGE has alot of positives for it going forward. The new quarterly quota for chinese solar deployments is going to be a big boost. The trade case will be resolved. They're moving towards profitability. It's tough to watch this I admit. But, this will be temporary. My only regret is that I should have bought TSL instead of YGE but this is not a bad stock to be in all in all.
Yingli part of the witnesses to argue against imposition of anti-subsidy and anti-dumping duties.
I hope the ITC is smart enough to see that the top 3 U.S solar company are not on Solarworld's side to argue for the tariffs. Sunpower, First Solar did not even bother. SunEdison surprisingly switched to side with the Chinese solar company to argue against tariffs.
The representatives arguing along Solarworld are Silicon Energy and US Senator of Oregon. Huhhh? That's it? Yep.
Clearly the problem is that Solarworld has bad management and can't even compete with the top 3 US Solar firms, how are they going to compete with rest of the world?
Man this energy slump is killing me. Have to tough it out til next year. I definitely did not see this coming.
Sentiment: Strong Buy