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odyd12

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  • "odyd12" started this thread

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1

Monday, April 1st 2013, 6:49am

Q4 reported today

Any opinions, do not see guidance on poly they are below $20/kg, which is about only thing making it interesting.
http://finance.yahoo.com/news/daqo-energ…-100000097.html

mena

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Monday, April 1st 2013, 9:40am

$17.3 million in cash down from $53.8 million in Q3.

$307.8 million in total debt where $120 million is short term.


I have not follow Daqo well but that cant be good. Even if their poly will be cash positive Im sure it wont cover that kind of short term debt.

odyd12

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3

Monday, April 1st 2013, 10:53am

A lot of positive hints in the cc, nobody showed up to ask questions.

larryvand

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4

Monday, April 1st 2013, 10:55am

nobody showed up to ask questions.


Looks like everyone has abandoned Chinese solars.

eysteinh

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Monday, April 1st 2013, 11:19am

Interesting that NOBODY showed up.

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6

Monday, April 1st 2013, 11:24am

Bad day - April fool's day - to hold cc.

eysteinh

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Monday, April 1st 2013, 11:28am

Lol yeah I was thinking about that too :)But seriously a bit sad for DQ if polysilicon turn around now and they just happen to miss it. But better for the other polysilicon players if they are consolidated.

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