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  1. Yesterday
  2. Not certain the accuracy but this article appears to suggest Canadian solar is adding 3GW of Mono Ingot pulling in Baotaou City. If thenumbers are accurate, they are paying around $0.19-$0.19/watt pulling capacity. http://guangfu.bjx.com.cn/news/20200403/1060605.shtml
  3. Last week
  4. I do not know about this lawsuit, but I would be careful with ham acting before at least the guilt is proven not aleged. Last time lawsuits were made it was a dying grasp of a company which could not manage itself from bankruptcy. This could be the case here considering the conditions and the timing. Let the courts decide.
  5. Yass, that's why Trump is now keen on raising oil prices. On a different front we're getting further evidence that the U.S. residential PV sector is among the hardest hit by Corona: ‘No One Is Being Spared’: Coronavirus Shutdowns Sap Demand for Residential Solar https://www.greentechmedia.com/articles/read/coronavirus-shutdowns-equate-to-sharp-decline-in-demand-for-residential-solar Wonder what the ENPH folks are up to these days. Anybody still long? Share price still seems quite rich to me in light of all these doomsday articles.
  6. Saudi Arabia and Russia are looking at taking out the expensive U.S. Oil shale industry that has production costs in the upper $30's to $48 dollar a barrel range. When you compare that to what had been the most expensive oil of deep water drilling of $25/barrel, the Oil Shale industry will be put out of business. The first company filed for bankruptcy protection already.
  7. GCL out with FY 2019 numbers you guys. GM of the solar materials division is 3%, i.e. they've been selling their wafers at production cost. http://media-gclpoly.todayir.com/202004021136181724050274_en.pdf
  8. Good Gracious. The bad thing is companies in China keep expanding capacities like nothing happened. Kinda what is happening with oil. We have this demand shock and Saudi Arabia goes ahead and expands output. We all know what that has lead to in prices.
  9. Along the lines of what Klothilde has been suggesting, IHS cuts 2020 solar installations to 105GW. That is down 16GW from 2019 installs and down about 35GW from previous 140GW mid range forecast for 2020 https://www.renewableenergyworld.com/2020/03/31/ihs-markit-releases-new-2020-solar-installation-forecast-in-light-of-the-impact-of-covid-19/#gref
  10. I agree it looks like a bad flush. My strategy (allocating long-term strong companies) should hopefully work well for a likely "strong getting stronger" scenario.
  11. Solaria Sues Canadian Solar for Patent Infringement https://finance.yahoo.com/news/solaria-sues-canadian-solar-patent-234200564.html Ooooooo, I didn't expect it from Qu man... Shame!
  12. SCSolar

    Beyond Solar

    This is slightly off the trading topic Explo and I have talked about. But this is a market issue regarding COVID low demand for Oil and the Price war going on between Russia and Suadi Arabia. The Oil Shale industry in the U.S. is about to collapse. That energy independence the Trump administration has touted was built on the most costly to produce and some of the dirtiest oil from Oil Shale. The cost to get Oil from these fields is in the upper $30's to upper $40's per barrel. These companies have taken trillions in debt to buy equipment and build fields that produce the Oil. These fields are profitless with Oil under $50-$60. The Oil is worthless with the price under $30/barrel. This Bloomberg article lays out some of the issues, which includes Job losses and bankruptcies and why the industry needs to be bailed out. https://finance.yahoo.com/news/u-t-afford-let-shale-180000917.html
  13. Pain is coming and that is why the FED has been buying up toxic assets and trying to back fill banks with liquidity. I did not realize that safe havens of say some REITS, electric companies etc were going to have cash flow shortages. I do not think the recovery starts as fast as you might think. You have companies all across the U.S. that has laid off workers(tens of millions). Those companies have no cash flow to pay rents or bank loans that are coming due. You have banks that gave companies lines of credits with the expectations that they would never be drawn down but were there as a business building block. Those credit lines are being asked to be filled now and the banks do not have the cash. You have people that are unable to pay the rents held by Realty Trusts. The money the Fed has offered is a paltry sum that covers the cost of food and little else. That sum of money is going to skip many people who do not quality. All those people will decide, Mortgage or Food? Electricity or Food? Gas or Food? Food or Garbage pickup, Food or Cable TV or cell phone etc. You have a large swath of companies across the spectrum that are going to suddenly not have payments coming in. The monies authorized by Congress is only about 1 months GDP. This is (and always has been) looking to be a 3-6 month problem if not longer as many companies up and close forever. The cure is to shutdown everything for a long time, that is starting to be realized by those that would risk 100,000s of thousands of deaths to keep the economy going. Not to sound pessimistic but I wondered why the stable Electric, Trash , phone and cable companies were dropping when gas prices and interest were at record lows. Now it makes more sense to me as they are going to have defaults on payments to them.
  14. Good luck. It looks like a dead cat bounce could be forming and that more than half of its potential has been exhausted by now. Multiple year growth projection revisions are starting to come in from heavy institutions (governments and their major agencies) and the come with dire short-term scenarios. It looks like it will take a couple of years before we are back on track. Back on track meaning to be where we would be at that time had this outbreak not occurred. The recovery to get back on that track will start however start quite quickly, we are talking quarters not years. Then the questions is if/when the market buys this scenario and if it focuses its asset pricing on earnings 2023- or 2020-2022. I'm still waiting for more fills so a double bottom or just slightly deeper final bottom would suit my tactics at this time. A much deeper bottom would force me to heavy leverage management trading again (opportunistically trimming and maybe topping up my around 130 assets). Much of the beta has been eliminated from my funds basket so I should not be pulled down as deep I was during the initial crash and my beta should be in more liquid assets for better ability to do more optimal handling of asset price changes. Right now I'm at just slightly positive return since the start of 2018.
  15. Yes, I am actively managing it. As a retired person it is my full time job. My long position was in TQQQ and UDOW. My short positions I take for protection to prevent downside exposure is in SQQQ and DXD. I sold 2/3 long holdings in dividend stocks and whent about 80% cash as of late this morning when the market was up. I put a short the market in place to cover my 20% holdings to protect my gains when the DOW breached 100 down.
  16. Interesting. Very active allocation.
  17. Slightly Back in Black overall. We shall see how long it lasts, backed out my long the market position yesterday afternoon.holding my 2 core dividend stocks and back to 65% cash
  18. GCL to add 60GW of module capacity coming in 4 phases. Phase 1 15GW startinf in 2020. http://guangfu.bjx.com.cn/news/20200330/1058776.shtml According to the project implementation plan: the module project will be invested and constructed in four phases from 2020, the first phase is 15GW, and the estimated investment is RMB 5 billion. The second, third, and fourth phases are respectively put into operation according to market sales and capacity utilization after the first phase is put into production. The situation will be implemented in phases. The total investment of the project is estimated to be 18 billion yuan, of which the total investment in fixed assets is about 12 billion yuan.
  19. Coronavirus Crushing Global Forecasts for Wind and Solar Power https://finance.yahoo.com/news/coronavirus-crushing-global-forecasts-wind-172228562.html I get a vibe here that U.S. residential solar is particularly affected, you guys with U.S. residential-centric stocks be careful now. "...Residential U.S. Solar Morgan Stanley projects American residential-solar volumes may plummet 48% in the second quarter. And the pain will linger. Analysts at the investment bank estimate year-over-year declines of 28% and 17% in the third quarter and fourth quarter, respectively. It’s not just lockdowns slowing sales of rooftop panels. Morgan Stanley said the industry is being hurt by a slump in housing starts and by consumers indicating they may postpone or cancel home renovations..."
  20. Earlier
  21. The U.S segment was strong in Q4 for CSIQ and aided to higher selling prices. The average ASP of $0.28. They had a near 68/32 split of multi to mono and 20%+ blended margins for modules in Q4. To me that breaks out an average ASP of around $0.25-$0.26 outside of the U.S. shipments and a blended cost in the $0.20 range. I would gather they were selling the mono at around $0,27 outside of the U.S. and the Multi around $0.24-$0.25.
  22. ´+ "extra cautious on guidance with all the unknowns about Covid 19"
  23. One thing I find interesting is they say demand is mostly down in the residential segments in Europe and U.S. while utility seems to be affected little. This bodes well for FSLR and not so good for residential-centric companies such as RUN and ENPH.
  24. if short squezze on, will be again 20..s? i sell before 19,75 but...ok, i have a rest from jks to play if + 20:)
  25. I never short! But yes, you are right, I was hoping to enter back at levels around 10... Who knows...? 🙂 But CSIQ is the greatest among all solars!!! Fact!
  26. Oh, I see somebody has started shorting the company... 😁 But you are right. With this wording you don't even have to read between the lines...
  27. Canadan Solar: Yan Zhuang, Acting Chief Executive Officer, commented: "We were experiencing strong demand across all regions until the past few days, as we started to see some delays and weakening demand.
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