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Daqo New Energy Corp. (DQ)

NYSE - NYSE Delayed Price. Currency in USD
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111.41-2.81 (-2.46%)
At close: 4:00PM EDT
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  • N
    Nolan
    Pretty good price action last few weeks. Might see some price momentum soon.
  • M
    Ming
    Why recent days stock price declines so much ? any reason? thanks
  • Y
    Yunseok
    “Towards the end of the second quarter, we began to see very positive momentum in solar PV demand in both domestic and overseas markets, supported by further capacity expansions by downstream mono-wafer customers. This has translated into meaningful demand improvement for polysilicon, which has driven a significant increase in polysilicon ASPs recently. Current market ASPs for mono-grade polysilicon are approximately $11~$12/kg, a significant improvement from approximately $7.5/kg in the second quarter. We expect polysilicon supply to remain tight as the overall demand for PV solar continues to grow, supported by continued mono-wafer production capacity expansion and limited additional supply of polysilicon over the next 15 months.”

    Cool
    Bullish
  • M
    MAGAscrewedMAGI
    Q2 results + CC:
    Everything positive except Q3 production volume slight damper.
    Next Q EPS will be close to $3 and Q4 EPS will be close to $5
    Capacity expansion decision is on card along with China Star listing - bodes well for continued stock uptrend.
    I would expect stock to hit $200 in 2021.
    Congrats to all longs!
  • M
    MAGAscrewedMAGI
    Some near term share price catalysts:
    - Mono grade Polysilicon price is more than $11 now = EBIDTA margin of >50%
    - Earning coming up next week + potential decision on Phase 4b expansion (additional 35k capacity)
    - Positive commentary from analysts along with increasing Rev/EPS/Price estimates
    Means good time to add here --> We might see another leg up following the consolidation here.
  • Y
    Yahoo Finance Insights
    Daqo New Energy is up 13.80% to 109.85
  • S
    Strongspur1
    DQ is about to form a shakout formation scaring out week shareholders with a possibility of a sharp gain or loss on the coming tuesday. A well known Point and Figure formation is under development. The market and sector is strong as well as the strength of the stock.
  • P
    Pete
    Chart is Forming Head and Shoulder pattern. Not looking good in the short term.
  • J
    JOHN
    A unit of the manufacturer has suspended poly production in Sichuan province because of flooding fears. The temporary factory shutdown will shave 25% off the group’s output capacity.
    A unit of the manufacturer has suspended poly production in Sichuan province because of flooding fears. The temporary factory shutdown will shave 25% off the group’s output capacity.
    www.pv-magazine.com
  • M
    MAGAscrewedMAGI
    Today's rise is due to the news of a factory in China operated by rival GCL-Poly Energy was shut down following a series of explosions. Roth analyst Philip Shen says GCL's damaged facility in Xinjiang will remove ~10% of the global supply of polysilicon, the semiconducting material used in most solar panels, for 3-6 month.
  • I
    Info
    Should $csiq assume a run up in PPS similar to $DQ on listing in China or is there more to their story? It looks like the dual listing caused DQ to double on the news alone???
  • U
    Uncle Al
    DQ took yesterday to consolidate its big gains from the day before. I REALLY LIKE the action of this stock. Not going up every day, which is what a run away stock that is being “pumped up” by chat boards and the like. Instead, this stock takes a break before continuing its advance. To me, that implies this price rise is for legitimate reasons and not just hot air and baseless speculation. With a finite supply of petroleum, sophisticated solar system like DQ makes is only going to grow. I have a feeling this could be a great long term investment.
  • S
    Strongspur1
    Nasdaq Dorsey Wright says earnings report is expected 18.08.20
  • J
    JOHN
    Sounds like they want to hurry up and get listed on an Asian exchange so they can raise money for further expansion.
  • J
    JOHN
    China expected to add 40 GW of fresh PV capacity by the end of December.

    Will need lots of poly from DQ.
  • S
    Strongspur1
    DQ is still DQ is the stongest stock in the Chemical sector according to its point and figure armwrestling chart. The sector is favored and the stock chart is in column of X's. Ride it nice and easy to 2Q.
  • S
    Strongspur1
    DQ is the stongest stock in the Chemical sector according to its point and figure armwrestling chart. The sector is favored and the stock chart is in column of X's.
  • D
    Drew
    BUY BUY BUY SOLAR IS BOOMING!!!
    Bullish
  • D
    Drew
    What is happening today?
  • M
    MAGAscrewedMAGI
    up 12% on 170k volume.
    Not that I'm complaining - but this proves that MMs can do whatever they want with share price.