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SemiLEDs Corporation Message Board

  • thomasthomas11235 thomasthomas11235 May 2, 2013 12:08 PM Flag

    LEDS

    I am not able to verify that LEDS has investment of Mr. Li of Hong Kong as mentioned by some posters, and there is no new listing in Hong Kong or China.

    I am not able to verify that LEDS has new orders. Digitimes reported that Taiwan LED companies have received large orders and they were busy now. But LEDS is not one of those companies mentioned.

    LEDS investment in China failed and they cut loss on that front.

    LEDS is bullish on Asian market as they cannot enter the US market as agreed with CREE. Thus, large orders that Taiwanese companies received cannot be used to pay LEDS.

    DIgitimes also reported that China plans to cut down LED investment due to over capacity!!! They reported that China LED supply is about 4 times of demand.

    So, what is the catalyst that LEDS should go higher? Taiwan companies received large orders (false as they cannot pay LEDS), Or is it China large orders for LEDS products (unconfirmed)?

    There is a good reason that LEDS is now trading at CASH level, so the enterprise value is ZERO.

 
LEDS
0.4902-0.0098(-1.96%)Sep 19 3:47 PMEDT

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