Oil is cheap now, margins are increasing with poly plants, and thin film is not as efficient as LDK product line. LDK delivered 1000mt as promised. 2009 capacity sold out. If there ever was a concern about decreasing margins, it is no longer a concern.
LDK ASP's drop in 2009 because Peng plans to take on thin film head to head. When the industry finds out they can by thin film and not have enough roof space or LDK wafer based Solar PV and have enough roof space to provide all energy needs, which will they choose?
I fail to see point shorty is making.
Give him a break !!!!
GTC SELL is Waiting on Monday. Asia,Europe will drop on Sunday night and Monday mornig.
I will GTC @$3.20 unless Gov. and Congross act together. otherwise, I will not change my position.
Maybe you can help me rectify this discrepancy from the con call. Is LDK including Poly plants in revenues but not highlighting it?
Revenue = $766.3
Module = 183.7
OEM Module = 6.8
Poly = 8.6
OEM Wafer = 3.6
Wafer = 526.5
Total from identified items = $729.2
There is $37.1M missing from the revenues. Is this some form of late revenue recognition from the prior quarter or could this be projects being sold but not mentioned.
You are making huge mistake w/o any credit. LDK price is down to $8 while DOW is over 10,000. I am long @LDK over 2 yrs, but truly feel pain now. I will unload if take chance. But, it may be a dream to me. Fuvk Peng!
Yes, just open your wallet real wide for Master Peng and let him dip in it. While doing that have your wife ready for him because he is the chosen one who will deliver both of you to a much higher better place.
His Best Solar can capture light using the new Nobel prize winning technology he invented in his garage while he was fleecing LDK shareholders. This new technology can capture sun light even when it is dark so the gross margins for Best Solar actually are going to be 10 times more so give his Best Solar the market cap of $100B and hand over $20B in capital for 20% of his new company.
And guess what. The cycle will start all over again. He will promise the world to the investors for the next five six years and when investors will run high and dry then he will invent yet again the biggest technology ever this time...hold on... he will have outdone himself this time.
This time Master Peng has invented a technology that can take his $hit (literally, really) and convert that few pounds of goo he puts out every day into nuclear fuel that can power 10million homes for one year. But, wait, there is a catch. This technology he has invented in his spare time can only work on his $hit or his direct descendent's $hit. He can modify the technology to work on Jackal Jack's $hit as well but the energy produced is much less, say about 1/100th of what it would be if it were Peng's $hit.
Long live Master Peng, you are just amazingly brilliant and a visionary of the likes of Edison and Einstein.