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ReneSola Ltd. Message Board

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    • Based on earnings and projections, the stocks are priced somewhat similarly. But I dont see how SOL can keep the momentum going beyond 2008. LDK has a roadmap that looks promising, whereas SOL at its current valuation is just another solar stock riding the wave.
      SOL is not nearly aggressive enough with their roadmap.

      But since there is relatively no short interest with SOL, I can see it surpassing LDK within the next couple weeks. I'll laugh when that happens. That's the thing with these stocks, there is no limit to the power of hype. This stock could go "all the way" just like FSLR did. PE of 100+ is possible I guess. But I certainly wouldnt gamble on that.

      There is no rational reason why this stock should ever sell for more than 80% of what a share of LDK sells for. But it is awfully hard to factor in short interest. The amount of downside pressure on LDK is really quite difficult to quantify in dollar terms. My guess is that LDK would be trading at about $70 if not for the short interest and small float. (Float is 106 million minus Peng's shares.) And that places SOL at about $50. That is assuming SOL will expand to about $1.5 bln revenue in 2009. There is no indication that they are even trying for that much. But it is of course all about exceeding expectations. If YOU think that they will do $1.5 bln in 2009, then this stock may be worth $50 sometime this year.

      Personally I would not hold this past $25, unless the whole sector bubbles up with it. That is where I valued it back when this stock was selling for $18.

    • little short interest - nice:-)

    • SOL in 5 years might be worth 10% of where LDK will be valued.

      SOL is a quick way to lose your ass.

      Cramer said sell all the solars but FSLR

      I am selling at open STP YGE WFR SPWR and buying

      the undervalued ones LDK TSL are good for a fast 10 points.

      The small solars will be forced down as they are valued while being just moneylosers with future promises.

      these guys Renesola are just trying to cash in on the solar name.

      I saw the same putrid acts with the internets and the nanotechs.

      • 4 Replies to dems_please_fix_america
      • Oooops, i smell bitter. And oops LDK and SOL are competitors. And oops, SOL has competitive advantage over LDK in that there silicon costs are much lower than LDK.

        Do some homework jackass

      • 07:47 STP Suntech Power: CEO interviewed on Bloomberg TV (48.08 )

        Says they have never been stronger; says they will continue to drive costs as low as possible; says silicon remains the major issue but expects costs to come down 20%+ in 2009; do not see oversupply as being an issue... Asked why they issued debt a few weeks ago- says they issued for the long term due to the length of supply contracts that they had to sign; need to make prepayments on some of these contracts; locked in a low cost of raw materials; believes will save them 20-30% in costs in the long term... looking at acquisitions to strengthen supply... looking at the US but notes that subsidies here are not as strong as other regions.

 
SOL
1.26+0.04(+3.28%)Feb 12 4:02 PMEST