BUY and HOLD! Raise your sell to 10/share don't get bumped off. Hanwha SolarOne will have a great year 2013. They have penetrated the emerging market with huge 155MW contract in So. Africa to be completed in June 2013. New article: Solar Energy Outlook 2013 indicates 40=50 new markets in play looking for complete solar systems like HSOL has to offer, Good Luck Longs!
The Year 2013 has not started yet - but HSOL told about their big potential:
o Conservative 150 MW in China. This was before the heavently increase of the Selltargets through the chinese government!
o Over 100 MW in Japan. HSOL told about the good standing of the name "Hanwha" in Japan in many years.
o 155 MW South-Africa
o 250 MW in the US. Due to malaysian Cells from Hanwha Q.Cells the negative effect of the US is away.
o Plus old market like Europe.
o Plus advantage from Hanwha Q.Cells.
This means that in the Q4 2012 over 60 % of the 2013er production capacity is almost as well as sold!
Hanwha told in the conference from many new markets that they couldn't list all in the conference. They told differently on questions of analyst how they get the costs further down and from the advantage of Hanwha Q.Cells to their business.