!) 860 MW of contracts
2) Efficiency 17%, even higher in hot climate. CdT increases efficiency with temp, not Silicon.
3) Reduction in cost of 8 cents/watt!!!, cheapest in western hemisphere. Even cheaper than the chinese, but we all know the communist gov supports the chinese companies and they continue to lie about costs.
Will be $300 again by 2015, if not 2014
i have never invested in a chinese company nor will I ever invest in a chinese company. They lie, until they file for BK.
whatever paid basher, I strongly doubt that you are smart enough to have money to actually buy/sell shares. How is your boss Gordon Johnson. I saw him bashing Trina solar just two weeks ago, expecting weaker Q3--- lo and behold, Trina beat estimates and turned profitable! Can you clowns be any more incredulous?!!! If I was to call myself an analyst, at least come close to my prediction, not off by a landslide. You clowns, just throw a coin in the air and make your calls huh?
functional illiteracy does not count for literacy. More than 50% of Americans are functional illieterate, meaning they know how to say out the words but they don't actually know what the sentences mean, are you one of those? Because since you claimed that you read and understood those articles, yet you kept on making mistakes after mistakes. You have been shorting since 15, and now you are 45/sh down!!!! I am surprised you have the thick skin to show your alias.
According to your lies, you claimed Saudi should have announced Jan 2013 or Jan 2014, which is it illiterate one?
These guys have been in Saudi Arabia/middle east for the last year and half trying to land solar plant contracts, leaving us in the dark. $109 billion in solar spending in the next 20 years, it's about time fslr land some of that.
valid argument but one can also say, fslr went from 50 to 300 in less than a year with smaller revenue and profit back then than it is now.
One can also say, fslr went up as high as 58 then retraced back down to low 30's because of secondary offerings and lower than expected Q2 results, now with blowout Q3 and raised guidance, it is only a few bucks higher from the recent peaks-- thus appears to be extremely cheap with PE ratio of 13. Other solar stocks are trading at negative income and scty/spwr are trading at PE ratio of 60-120; fslr would be proiced around $150 in equivalence.
So, the answer to your analogy is: fslr is extremely cheap compared to any stock, not just solar or renewable energy.
don't look at the daily valuation; I changed my investment strategy. I used to be more of a day trader, now I am more of a buy and let it sit until I make 2-100 folds. If the fundamentals are good and future is promising, then let it ride baby.
For now, there is nothing else that shines brighter than renewable energy as the smog is sufficating every major cities across the globe. Just let it ride !!
Playing with words to keep it a secret (for now). It's a $300 stock once it is out.
I don't believe a bit that they are simply building only ONE power plant of $100 mil. The key word is investment. They are playing with words here; I think it is both a power plant and manufacturing facility.
If it is just a power plant, then it would be called a contract where fslr would build it for a certain buyer. We will see soon.....
By logic alone, no idiot is gonna spend $100 mil on a manufacturing plant, if they can't profit more than $100 mils. Thus, the size of the project from Japn and nearby Asia (Singapore, Hong Kong, Macau) have to be at least $1-3 bil worth.
Ahmad Nada for Middle east, almost two years now. Contracts are due damn it!
Kishkills to represent S. America-- may take a little longer.
This will be a $300 stock eventually
Fslr said during Q2 that they would announce 1.3 GW of new contracts before 2013 ends. Since q2 we have only seen 200 mw . Where's the 1100 mw in six wks left to 2013?
analysts and hedge funds can only make projections based on reality. When management pulls incomes out of their azzsholes and tells you that the expenses don't really match up the expenses in previous quarters, then perahps u should be thinking that u r the idiot buying into these lies.
lies and deception that made the numbers looked profittable. Most people thought there would be a write off loss and negative income for the quarter; they pulled incomes out of their azzes. I guess they choose classaction lawsuit and imprisonment over honesty.
possible accounting fraud, look at the expenses down significantly, TV rise of Guardians unbelievable high income of $42 mil. This needs investigation.
6 months of NO new income; there is something to look forward to. What will happen to Q4 and Q1? Sherman and Peabody isn't very mainstream. If this one flops and management continues to post good numbers til they run out of cash, watch out below.