many orders are electronically made via internet, conventional retail stores are losing traction.
Most of PG's products are regular home use; thus, customers don't really need to feel them or try them out. Plus, most products are sealed and packaged, so customers can't try them out anyways at retail stores. Thus, to go with biggest and fastest distributor on the planet, Amazon, spells big revenue for PG.
stupid shorts are saying the credit card breech stopped shoppers! LOL. At any store, credit card breech is everywhere. Plus, we live in a litigious society; shoppers want to sue and looking for free stuffs. Problem solved and paid for already in Q4. Buy and hold til 70 and above
buy and wait for 70
let it ride!!!!
yep really ugly for them in 2014, they will still be making profits and every other solar companies are struggling to get out of the negatives. Why don't you go suck Dimondboy and Goldman Sachs of balls.
GS is a major lender to all the upfront cost; hence, that is why they are #$%$ bricks on scty. They may never get that money back. They might as well make money pumping scty
but it's free upfront cost, the current owner doesn't own it or have to pay for it until they use the solar panels monthly. Legally they don't owe anything to Goldman Sachs. Imagine the legal ramifications between the next home owners and GS when the new owner thinks that the house they bought comes with solar panels that they already paid for but they realize they still have to pay to GS on a monthly basis. yikes!!!
I wonder what will ahppen to scty when the current home owners short sell or sell their homes with solar panels that they haven't paid for? Will the payment goes to the new owner? or do they still pay for it? Who pays for all that upfront costs? Pump it up to $100 Goldman sach of #$%$, that $7 bill in upfront debt will be worthless.
the market is full of #$%$, they see a miss and they jump in and short without knowing the history of the company. fslr is making profits $300-400 mil each year, and every solar copanies are losing money and trying to be like fslr. The perception of wall street is so fked up, it makes me sick: how can they pump spwr or scty to the stratosphere when spwr is barely profititing and scty is losing money. Scty will probably never ever see profits
the market for Japn is huge, they are building a 100 MW plant there; they might as well turn Tetrasun into a manufacturing facility and take in all the contracts from Japan
did you see what happened last year? the same kind of setup, disappointed earnings, stock went down like 7% and management offered no guidance. Then only 5 weeks later raised their guidance that rallied 25% spike in minutes. market came to hault. It will happen again. This time around with being cheapest, most efficient PV panels in the market, along with massive contracts in the upcomming weeks; are all fuels for the rally over too $100
current fslr eps quarterly is about 0.9 to 2.0, even if fslr does make any improvement in cost and efficiency. So for them to guide EPS to 0.5-0.6 in Q1 of 2014 suggests they are building new manufacturing facilities. Saudi is looking to spend $125 billion on solar for the next 20 years, fslr has alredy built two small plants for them. Chile and the rest of South America and Africa are starving for energy.
You know what will happen on March 19th, this is a set up to kill all shorts!
Efficiency is up and the best PV in the market
cost is 53 cents/watt, cheapest in the market
$1.8 bil of cash, little debt
Ahmed Nada VP in middle East caters to Africa and Middle will land huge contracts
VP in South America will land contracts from Brazil, Chile
Look at the EPS for Q1 of 2014, they are looking to spend money , Can we say new manufacturuing plants where these majore contracts will come from?
This is a classic set up to kill the shorts on March 19th, just like April of last year at the annual analysts meeting. See you at $75 in 3 weeks. Good luck shorts!
If spending is directed at production lines to increase efficiency and cost to 53 cents/watt or lower, they may achieve the rumored annual eps of 7, stated by Morgan Stanley. It is just a one time charge in Q1 and the rest of 2014 will be smooth riding.
Even if fslr doesn't make any improve in their cost cutting or efficiency, their quarterly eps ranges somewhere around 0.8 to 2.3 As with Q4 2013, even with write off expense to a facility in Vietnam, their eps was still 89 cents.
When when they tell you that revenue for Q1 of 2014 is $800-900 mil whch is higher than Q1, Q2, and Q4 of 2013 YET eps is guided lower to just 0.5-0.6, Shouldn't it be higher since they are improving efficiency and cost? you have to assume that they are spending some money. What are they spending on is the question. There is a VP in middle east/Africa , one to represent South America. Small projects don't need a manufacturing facilty but large ones, they will; they can't be shipping panels to the middle east or south America from the US. Thus, the solution is to build manufacturing facilities. Expect major contracts to be announced before they release their Q1 of 2014.
guidance for Q1 2014 rev of 800-900 mil is the same or even higher than most quarters in 2013, but eps is guided lower to 0.5-0.6. ask yourself this question, if they currently have an eps around 1-2.0 range, why would it change all of the sudden? If they are reducing cost from 64 cents to 53 cents/watt and even further, then their eps should improve even bigger. Why down to only 0.5-.06? They are planning to spend some money. On what? what does a utility company spend money on? manufacturing facility.