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Yahoo now states LDK will announce this Friday.
I didn't know WEST was the old Akeena.
If SPWRA was bought for that much, imagine what LDK would be worth!
Solarfun is one of my least favorite in the solar sector. When things do not go well, they fair badly. Even when solars are all doing well, like most solars have been, they underperform the sector. There infastructure is just not setup like the Trina's and the LDK's.
Matter of fact, Jinko is a relitively new player, and what they have done in a short period of time is fairly miraculous IMO.
Im not a big fan of Solarfun and would not expect much IMO.
What solars you own Big64?
Today's the day people! What is everyone's earnings estimate? I'm going with .92 a share. I just believe the Margin increase will offset most of the revenue decrease and the bottom line will still be excellent.
What i am anxiously waiting for is guidance both Q2 and 2nd half 2011. That will be VERY important.
Agree. If i can find out a way to make money when i publicly state i bought millions and millions of shares at a penny, the stock drops below a penny, and i make a killing?
I want to know that strategy myself!
Solar Earnings Calander UPDATED
Ticker, Revenue, Income, EPS
April 28
SOL, 328, 43, .50
May 2
JKS, 326.7, 51.4, 2.10
ESLR, *delayed, gave prelim guidance, may declare BK*
May 3
FSLR, 567.3, 116, 1.33
May 4
REC, 751, (15.4), (.02)
WFR, 736, (4.5), (.02)
May 9 - CSIQ
May 9 - LDK
May 10 - ENER
May 10 - JASO
May 12 - SPWRA
May 16 - SOLR
May 17 - TSL
May 23 - YGE
May 24 - STP
King, is that you?
They 504 shares to themselves, and the payment to do so is to pay for the service in shares which are not theres.
They are free.
I picked this to fail. Im batting 1.000 here. How about you?
Insight is reading this entire message board, reading every one of their press releases, and following volume and PPS for 1.5 years.
In no way will i attempt to accumulate each one of those data points and summarize it in a post.
However, i and many others here will gladly give our overview of this, which is, many got scammed. Myself included in the very early stages but i was at least wise enough to catch some of the buzzwords being used, and interaction with 'certain' message board users to relay messages to this forum through them instead of going through the proper chain and informing through their website or official PR's.
Look, its so obvious that this is a scam that if you do not believe it is, then you have no business on the stock market. Sorry to put it that blunt.
Well said. People need to LEARN from this experience.
Hopefully, you were not one of the sheep that fell for this scam and all its lies.
Paying anything for these is a ripoff. The only bargain is getting them free IMO. Anything else, your better off donating your money to the animal shelter.
No one is accumulating. It is the shell owner selling you his free shares and laughing to the bank. No intelligent investor would buy this scam. I see your buying.
SOME mistakes? Actually, the didn't make any mistakes. They flawlessly executed their strategy to sell you their free shares and make a killing out of scamming you out of your money. They have NO business (They couldn't even execute the plans to sell T-Shirts!!) yet made about a million dollars plus and are sitting on a beach in Barbados while your trying to explain to your wife where your thousands of dollars went!
Wonder how many people that lost money received an email from Bryant saying don't worry, they have a way to make your money back on a new exciting venture and they blamed the EIGH loss on something out of their hands, but it wont happen with their new venture, and you should get in now so you can make all your losses back and more!
Did you get that email from him yet? If not, you will.
Appears LDK will have a huge 2nd quarter.
Much of their 1st quarter shipments will be moved to 2nd quarter. Sound like a monster 2nd quarter will be in the books.
And the reduced 1st quarter should be pretty darn good also since margins raised so much! I am personally expecting about .90 to 1.00 for 1st quarter.
http://www.reuters.com/article/2011/05/02/solar-china-idUSLDE74112P20110502?feedType=RSS&feedName=companyNews&rpc=43
Ill have the solar earnings release updated later. May want to short the crap out of Evergreen Solar (ESLR). They are heading to bankruptcy if they cannot find financing. They will report terrible today, and guide lower.
Jinko did well though, 326.7 million revenue, 51.4 million profit, and 2.10 per share! Very nice.
The $24 price target is actually very, very low.
LDK's 15,000 MT poly plant alone is worth about $30 per share.
We will eventually get there. I thought it would be much sooner though. I look forward to Q1 earnings release, and more importantly, forward guidance from LDK during the release.
Solar Earnings Calander UPDATED
Date, Ticker, Revenue, Income, EPS
April 28 - SOL, 328, 43, .50
May 2 - JKS
May 2 - ESLR
May 3 - FSLR
May 4 - REC
May 4 - WFR
May 9 - CSIQ
May 9 - LDK
May 10 - ENER
May 10 - JASO
May 12 - SPWRA
May 16 - SOLR
May 17 - TSL
May 23 - YGE
May 24 - STP
Solar Earnings Calander
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62501863
Solar Earnings Calander
May 2 - JKS
May 2 - ESLR
May 3 - FSLR
May 4 - REC
May 4 - WFR
May 9 - CSIQ
May 9 - LDK
May 10 - ENER
May 10 - JASO
May 12 - SPWRA
May 16 - SOLR
May 17 - TSL
May 23 - YGE
May 24 - STP
Solar earnings spree starting next week :)
You just nailed what i posted on another forum. In the broad picture, this does not change the bottom line! There still going to crush 1q 2010's .06 per share and make about as much as last quarter (4th q 2010) because the margins raised as much as the revenue decreased, thus, about evening out at the bottom line.
My only problem with all this? Why did it take LDK now? And why not focus on raised margins more than decreased revenue?
So now they have resorted to facebooking their PR's? LOL
Talk about minor league.
And they do not even give the source of the brokerage quote? Totally made up.
He has been unprofessional since 5 years ago and Medify, and still is even after 7 scams.
LDK Solar Lowers Revenue Forecast, Raises Guidance for Margins
LDK Solar Co., a Chinese solar company, lowered its forecast for first-quarter revenue and raised its guidance for gross margins.
LDK said today in a statment that it expects revenue of $745 million to $755 million, down from its previous guidance of $800 million to $850 million. Gross margins will range from 30 percent to 31 percent, compared to 27 percent to 29 percent. It did not give a reason.
http://www.bloomberg.com/news/2011-04-26/ldk-solar-lowers-revenue-forecast-raises-guidance-for-gross-margins.html?cmpid=yhoo
LDK Solar Lowers Revenue Forecast, Raises Guidance for Margins
LDK Solar Co., a Chinese solar company, lowered its forecast for first-quarter revenue and raised its guidance for gross margins.
LDK said today in a statment that it expects revenue of $745 million to $755 million, down from its previous guidance of $800 million to $850 million. Gross margins will range from 30 percent to 31 percent, compared to 27 percent to 29 percent. It did not give a reason.
http://www.bloomberg.com/news/2011-04-26/ldk-solar-lowers-revenue-forecast-raises-guidance-for-gross-margins.html?cmpid=yhoo
So tell me Jim, who has been selling to retailers all this time? You cant blame it on retailers. They are the ones buying, not selling. And when the price is this low, retailers are not going to sell for a 95% loss because frankly, its not worth the commission. Your best left sitting and praying.
If you dont think this is a scam, the only question if have for you is 'is this your first year investing'?
No offense, but comon.
I know many on here could not stand my constant warnings of this stock and to stay away from this scammers. I got pounded from everyone from 2 cents all the say down. But......... Lookie where it trades today.
One thing i urge all of you to do is vehemently warn others of these scams when you see another. Chalk it up to a learning experience, and do everything you can so next time the blood sucking unethical pieces of garbage behind these scams make little as possible.
So what do us shareholders receive from this scam? Nothing?!?!?!
Shouldn't they worry about selling T-Shirts instead of this half azz mumbo jumbo?
This is such a joke its crazy.
Boy, i remember those days! I was once an excited NEPH shareholder - back in the days.
I cannot complain, i made a nice bunch of money, but i 'was' WAY up - over 200% up. That turned into 25% up quickly though. Just glad i scour through financials and read releases in detail and was wise enough to jump ship in time.
So while we are waiting patiently for the next earnings release, and for new development for LDK Solar and other solars in general, what is everyone's top 3 solar investments, and why are they your top 3?
Note, top investments does not necessarily mean top solar companies. Because there are a couple very, very good solar companies that are actually overpiced in comparison to its peers (go figure, an overpiced solar?), and therefore, not necessarily good investments (ahem, first solar, ahem).
Very interesting theory, could be. Would the ETF's create that much volume to force this huge discrepency in price though?
You nailed it. Module ASP's are slightly falling, Wafer and Cell ASP's are holding strong. LDK is not only producing more to make up for falling ASP's, but they are cutting costs FASTER than ASP's are falling.
Analysts have no clue. Really. They have been saying overcapacity for how many years? Yet, solar demand nearly doubles EVERY year.
LDK will be making 10 bucks a year, yet analysts will still be saying overcapacity, solar dead, LDK ASP's eroding...etc... and the price will still be 10 bucks a share!
Its a crime.
You nailed it. Module ASP's are slightly falling, Wafer and Cell ASP's are holding strong. LDK is not only producing more to make up for falling ASP's, but they are cutting costs FASTER than ASP's are falling.
Analysts have no clue. Really. They have been saying overcapacity for how many years? Yet, solar demand nearly doubles EVERY year.
LDK will be making 10 bucks a year, yet analysts will still be saying overcapacity, solar dead, LDK ASP's eroding...etc... and the price will still be 10 bucks a share!
Its a crime.
Not sure i would publicly voice adding shares of this with so much enthusiasm Dianne. Stating that you have bought more shares of this is like proudly yelling out that you have VD, isn't it?
How many US solars have been successful? Also note, GE will be doing thin film, which is the less efficient, but less expensive solar panel. They will be in direct competition with First Solar.
Can't understand why GE, which is attempting to portray itself as a 'green' company, takes up the solar technology that is toxix (thin film made of i believe the 4th most toxic chemical).
I personally cannot see GE taking on the chinese solars, who are much, much farther ahead in technology and experience, let alone size. The only fighting chance i give GE is the bankroll they can put behind their project. But is it a money pit?
I am not so sure this is a good idea. Unless 'BUY AMERICAN' comes through for them.
Shanghai-based solar wafer maker Comtec said it will use the funds from TPG (150 million) to raise output and "upped its 2011 production forecast for wafers by 40 percent to meet strong demand."
Now, LDK is the worlds largest solar wafer producer. If Comtec is spending over 150 million US dollars on raising wafer production by 40% to meet demand, you do realize LDK is, has, and will continue to benefit from their ever increasing wafer production.
I know LDK stated in their EOY presentation a month ago that they are making as many wafers as they can possibly make, and are selling every single one of them!
Yet, with all this great news, LDK price is yet again down :(
Truly amazing isn't it? Stock market is truly the most corrupt entity in the world!
LDK Solar could make 50 bucks a share and wall street would naked short this to a buck a share.
We probably will not see true value of LDK Solar until they declare and pay out dividends in the future. But right now, they are putting every cent they make into expansion, which they should.
Why would anyone even spend more than a second thinking about buying this junk/scam?
LDK is doing plenty. They only control the business operations. They do not control the share price.
The share price is depressing. 1st quarter results will be out in just a month, and the buck they earn will replace the 6 cents earned for quarter 1 2010, again drastically lowering the PE ratio, and taking this from ultra undervalued to severely, unbelievably, dumbfoundedly undervalued.
Its just incredible LDK is trading this low. Incredible.