LDK Solar Sells 12M Ordinary Shares to Fulai Investments at $1.28 Apiece for an Aggregate of $15.36M

Pop2mollys

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Tuesday, March 26th 2013, 8:51am

LDK Solar Sells 12M Ordinary Shares to Fulai Investments at $1.28 Apiece for an Aggregate of $15.36M

Just out

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Pop2mollys

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Tuesday, March 26th 2013, 8:53am

There next to claim BK.... The faster the better....

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explo

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Tuesday, March 26th 2013, 9:02am

They were supposed to sell that for $1.83. Stock tanked past month and they had to lower the price.

Price stabilization life-line is coming in a quarter or two. Too leveraged to not break before that?

This post has been edited 1 times, last edit by "explo" (Mar 26th 2013, 9:27am)

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larryvand

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Tuesday, March 26th 2013, 1:44pm

The Chinese are hurting only themselves and the rest of the Chin solars who sill have a chance. They should let STP and LDK die and die completely, and throw Peng and Shi in jail . Instead they keep throwing more money after bad, and making the situation for the whole solar industry worse, not better. STP and LDK are dead vampire solars that are sucking the solar money blood, whatever little is left. They should die with a stake through the heart, so that the rest of Chi solars may live. JMHO

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Klothilde

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Tuesday, March 26th 2013, 3:12pm

How bout YGE. Also stake through the heart?

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SunSavesUsAll

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Tuesday, March 26th 2013, 3:15pm

What about CSIQ and SOL? Does anyone really believe that wall street trades these solars on fundamentals?

This post has been edited 1 times, last edit by "SunSavesUsAll" (Mar 26th 2013, 3:21pm)

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larryvand

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Tuesday, March 26th 2013, 3:39pm

Quoted from "Klothilde"

How bout YGE. Also stake through the heart?

Preferably yes but assuming #1 and #2 are left completely dead, maybe just maybe that would be enough for the rest of them to live. So the order to go is #1 - STP, #2 - LDK, and if necessary #3 - YGE

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Pop2mollys

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Tuesday, March 26th 2013, 3:51pm

Quoted from "SunSavesUsAll"

What about CSIQ and SOL? Does anyone really believe that wall street trades these solars on fundamentals?

Cross check the following amongst all Chinese solars...

- cash on hand
- current cash flow
- when are convertibles and other debt due
- future profitability based on stable ASP
- demand and quality of modules
- are they taking or losing market share
- processing costs
- protection or ability to deal with tariffs in Europe and China
- management decision making
- do they command premium pricing
- YoY growth vs 2012 and will that growth translate into bottom line profits by end of year

Then tell me who looks the strongest from list