That's no longer the case. Tomorrow will tell the real story but I suspect we won't see any big movement either way.
Unless there is big guidance up in revenues ABOVE what is already forecasted the stock price will likely languish and PE will simply compress.
I agree with khill... seems like the story going forward is going to be that this is a great specialty chemical company and it will be assigned a PE similar to that sector, not a technology PE. So probably little upside in the stock price, just steady earnings growth and PE compression. Disappointing but probably true.
So the CEO flew out there to make a deal for 10 planes. Why is he doing the Sales VP's job, or am I missing something here?
Dan there's nothing to 'catch'. This is common practice at almost every publicly traded company and is about a close to being a non-event as you can get.
So why are you posting here instead of on the BX board where you can discuss the virtues of that leaching #$%$ firm Blackstone that you prefer to invest in? Get lost.
Yeah I know about the CZ and FZ electronic grade material the make. But if you look through their reports, you'll see that solar-grade poly-si output is about 10X that of electronic . And most of that is now produced via FBR technology.
This is one of the few major solar play that has managed to survive. Just wondering if there's a turnaround story here. It's not like Wacker which was never under any threat of BK. Wacker stock has done very well though... wished I had bought it a couple of years back... bu it only trades on Europe exchange (there's a US OTC listing but no active trades).
This is the only way they can pay the debt due this year. Too bad they are negotiating from such a week position... but i suppose we should be happy if anyone even steps up to do the deal.
@@@@@OAO Mechel (MTL), among the most indebted Russian companies, plans to sell a stake in its Elga coal mine to an Asian investor this year to help repay borrowings. “We hope to get as much as $1 billion from the sale of the minority stake,” Chief Financial Officer Stanislav Ploschenko told reporters in Moscow. “We expect most of the interest from Asian companies, our biggest consumer market.” Mechel, with net debt of $9.4 billion as of December, last year shelved plans to sell as much as a quarter of the Mechel-Mining unit that owns Elga, saying it may get bank funding. It is seeking to refinance borrowings after coal prices fell about 50 percent in the past year, BCS Financial Group figures show. Talks on the sale of a stake in the Elga deposit in Yakutia will begin in the “nearest future,” Ploschenko said yesterday.
REC uses silane-based FBR technology and typically achieves 6-7N purity but is slowly improving that. Their focus has always been on solar applications and they developed their tech to target that market with a key objective being lowest possible cash cost of production. REC is also the world's largest producer of silane.
MEMC (a large electronic grade silicon producer) has an FBR technology that produces higher purity needed to make electronic grade material. I think MEMC uses TCS chemistry instead of silane, and certainly reactor design is different, since it is proprietary to each company.
No. MT is the ticker for Arcelor-Mittal. I too think MTL shareholders will lose if coal prices don't start moving up before the end of this year. I never expected the coal downturn to last this long... hard to believe really.