I like the enthusiasm but when does HSOL start to make money again. So their in the rooftop business, bought Q-Cell and got financing up to 730 million. I like what I am hearing what your year end target 3 and then things really get going in 14. Just curious
I have consistantly said that Hanwha SolarOne will be back to profit in 2013 and will be a top 3 solar in both sales and manufacturing in 2014! Hanwha SolarOne now has it's ducks in a row and will benefit greatly moving into the 4Q12 earnings report scheduled for March 2013.This stock is set to make a significant move up and smart money is taking a positive position.Good Luck Longs,BUY and HOLD!
China Consumes 33% of Global Photovoltaic Panel Shipments in Q4'12, According to NPD Solarbuzz
By Michael Barker, Senior Analyst, NPD Solarbuzz
January 22, 2013
The PV module glut is believed to be eliminated by the 2nd half of 2013 and Hanwha SolarOne will be back to profit. The market looks 6 months ahead and Hanwha SolarOne will move up significantly very soon, BUY and HOLD
They are able to get continued financing, as any growing business requires, because they have an excellent business plan which includes financing and leasing of their systems. All of their investments and partnerships in solar startups are now paying off. The company will control cost by being completely vertical, in house, from raw materials to finished product in the 2nd half of this year, 2013, allowing them to further reduce cost.They have one of the strongest solar pipelines in the world with the backing of their billionaire parent company the Hanwha Group.They moved a 25 year veteran who started the solar initiative of the Hanwha Group to the head up Hanwha SolarOne.The solar PV glut is believed to subside by the middle of this year 2013. All of their hardwork will pay off the 2nd half of 2013 and back to profit.