My reply was to passion_et, not you. He's looking in the mirror on PE, not you. It won't be long before CSIQ's PE will be in the single digits unless it's share price rises.
Never admonishing...just querying. Sometimes, we all lose the forest for the trees...here, the forest is that BMW is a manipulative poster, so each individual post (tree) is not worth examining, IMO.
Hopeful,...why waste time on BMW? He's made it clear he is of the same ilk as the manipulators he is chiding. He bashes or pumps as he sees fit to help his position. I would not dignify his posts with a response. Hope everything is going well for you, though.
They have to deal with the debt that can be called in January 15...this appears to resolve it in large part, but without fully diluting shareholders. Potentially a good sign, particularly given the shipping increases. Fingers crossed, but it looks like we're coming out of the weeds.
More projects are being sold, rather than just panel sales. I don't know whether the last three projects sold in the quarter were included in estimates, but it's a good sign
Agreed...two days up on most small caps. Will take awhile to gain back some of those deeps losses, but I'll take these up day! Most of mine are up 5-8% today.
Lower Oil prices are being used as a tool, by tools like you to convince holders to sell shares. Reality is that the horizon on solar infrastructure projects is much longer term than temporary rises or falls in the price of oil. Solar is not just an alternative to oil, it is cleaner energy and in that regard will see future demand irrespective of the price of oil.
You do know there is a difference between the price of a stock and its internal liquidity, don't you? You write this caustic post abusive of another poster while at the same time revealing yourself to be a fool. Classic.
I think it is difficult for analysts to put numbers to opportunities now without looking pie-eyed. Obviously, you can extrapolate big numbers if you start assuming adoption in every high end HTC, Moto, or Samsung phone, but there are too many variables to draw any meaningful conclusions. I think all you can do at this stage is identify pros and cons. I'll start: Pros: (1) once Apple adopts OIS in a high end phone, others will be influenced by the "me too" syndrome; (2) as phone cameras get better, they'll be increasingly viewed as a substitute for pocket cameras, and will need to increasingly offer the same feature set; (3) having competing technology creates options for smartphone manufacturers; (4) successful miniturization will find adoption outside of smartphone application. Cons: (1) market trends are toward lower cost handsets; (2) competing tech will compress margins; (3) if successful, multiple manufacturing sources will be demanded by smartphone cos, which will increase competition more and further compress margins--will HTCH have recouped its costs; ...
Huh??? What a bizarre post. If you bought a few weeks ago and sold yesterday, you could have made a 50% return in a matter of weeks. That's a fantastic gain by any measure. Who cares if you took u 3 weeks or 6 mos.? If you are looking for a long term hold, why do care about the daily gyrations created by traders? What you presumably would care about is where the price is a year out, or whatever your horizon is. How in the heck does a 37% rise yesterday followed by an 8% drop today impact your return 1 year out? I really cannot understand your post at any level.
No reason to be sorry for asking...I've been in and out of CSIQ for about 6 years, and while it does at time trade lock step with the Nas, at other times it trades irrespective of the Nas. Now is one of those times. CSIQ is way up relative to the NAS since the last report, and as a result we will see more volatility as there is a turnover in investors, and traders, both long and short, try to play the swings.
Today's news was nothing meaningful to move the PPS -- 1.5MW sale--but it does signal some success in Jordan, which could mean that sales traction in the EMEA is gaining some traction (though with what is happening in that region, not too excited about it).
In any event, if you are an investor, don't pay mind to the daily swings. Just watch the PRs to see if there is anything that might material undermine growth projections for CSIQ. Given CSIQ's diversification across multiple markets, that is unlikely, but who knows. Good luck on your investment.
somebody must be pumping this stock somewhere.
Why? Were you ridden with angst when it was going up and Nas was not? CSIQ will be volatile going forward for many reasons, and those seeking to push down the share price will use anything to do so. This week, it was the reported slow down in China and an indicated small reduction in solar installations in Japan. Doesn't matter if any of those things will actually impact CSIQ's earnings...it's just a reason to drive down the price (shorts can cover or new longs can enter at a lower price)...either way, no reason to screen watch if you are an investor.
That's the long hand way of saying what I said. But yes, I agree. With the new initiatives, including Teton Tea, this should be moving up, not down.
I think that is a fair estimate, but I don't think it is dependent on momentum. If the EPS next quarter are around $1.20, that would support $4.80 EPS annualized, and with a 17 PE that gets you a price of $81.60. Now, an investor could quibble with the annualized number and the PE, but for every argument that can be made that the numbers should be lower, I can make one that supports a higher number. So, $70 is VERY possible in the coming months barring a market wide event that compresses PE ratios across the board.