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Canadian Solar Inc. Message Board

  • toobig2failagain toobig2failagain Aug 12, 2013 3:09 PM Flag

    CSIQ Trading at Cash Value

     

    Canadian Solar has $567 million in cash, and is now trading at a $567 million market cap.

    Seems ripe for a buyout since the buying company will get the company with $286 million in net tangible assets for free.

    What a bargain! Buy a company for the cash in the bank and take a company about to become majorly profitable and walk away with over $286 million in assets ($6.32 book value) for just making the transaction.

    Smart money is buying with both hands.

    Sentiment: Strong Buy

    This topic is deleted.
 
CSIQ
25.84-1.56(-5.69%)Jul 6 4:00 PMEDT