Told you to buy some #$%$ and hold. Sold at .32. No assets its a bunk CO. LDK was able to keep their assets but they have a serious debt problem. China banks have given a pretty good ok. Not perfect but willing. Been picking it up at .12. Serious gamble but. It truly is a better deal than STP. STP is just a distributor with no assets. Do some DD. LDK is a long shot but I think they want back on the big board. Thats a buck and some ER's.
Working into a great position but they have a cloud over the stock. I'm sure that will change but? Wafer manufactures are doing ok on the balance sheet. Where is Hanwha going to source 1.5 gigs of quality wafers without tariff?
Sunpower puts out good units. Since solar is based on margins and watt per dollar per acaerage-Hanwha can produce a good product. Sunpower is the Benz. Waiting for LDK to wake. They will add a different dimension. 17 gigs-good for them.
Buy STP you buy a distribution CO. LDK on the other hand kept their assets with bank #$%$. I'm going to see sweat hear contractst from China to LDK. Should go to .30 or 40 before they change. Who knows?
Thats where the money will be. Hanwha looks great. Their coming up with good PR statements, they have poly to panel (Wafers are a gray area for the capacity but their cheap), their positioning for the US market, at this point free trade between SO K and China on the solar end ( but I wonder about the contract side in China; must have #$%$ people off going to SO Korea ). Solar manufacturing is a soap opera. Want to see sell in May blah blah keep tuned.
As for the company their not interested in the stock today. They need to do some house cleaning and their putting it off. It wouldn't surprise me if they put in a wafer manufacturing plant on the E coast. Cheap poly andgood PR -who knows?
If you watch the buys and sells its filled with the penny grabbers. Believe me i'm at that time where I want a stock to do 25% per year for a reasonable time. Will this stock go bezerk up- at some point-Yes. A green vote while being a Republican on finances- no conflict their. If you want the stock buy and hold its going up at some point but don't whine or.
Really go luck as I will be back at some point. They nedd to quit f-----ing with th stock. You can see what their going to do then leave as is. Trade with a medium float then let it out strip Canadian. I still think people buy into the name-smart marketing.
I know margins suck in China but not easy to prove. Hence the Hanwha shift-Running dog SO K .German tech can be old and ot dated.- Life of pane is the question. Watts over years. Remove replace. Solar is a big question.
GL whatever you do but- Usually happens is Q 1-q2 report q3 theirs the money up swing.
I never put bird seed out while owning a cat.