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Showing content with the highest reputation since 08/16/2017 in all areas

  1. 1 point
    The 25 PT from 20 was correct. StreetInsider got it wrong. Here is the Credit Suisse analysis of their new JKS target. It's quite a lengthy discussion. https://drive.google.com/file/d/0B8Pvxs0m3ZktQ2dFREFwWDlXUHc/view?usp=sharing
  2. 1 point
    $15 CSIQ looks amazingly cheap vs its peers. Unfortunately it means nothing in terms of share price. While JKS made a sizable rally from 17 to 29 CSIQ made almost nothing. I do not see too much downside from 15 unless a general market crashes. But a general market today consists almost out of FANG and related stocks (they are responsible for 75% of general market moves) i.e. totally under control.
  3. 1 point
    would love to see another bidder for JASO...
  4. 1 point
    I guess on their call, they cried about weak 2H, worry about 201, etc., to try to prop up the idea that the CEO's $6.80 offer is fair. Without that offer on the table, this would likely be a $9 or $10 stock right now.
  5. 1 point
    This is what I found about today's downgrade: "Canadian Solar (CSIQ -7%) is downgraded to Underweight from Equal Weight with a $14 price target at Barclays, which sees multiple near-term risks from the possible delay and/or weak pricing of project sales, soft investor demand for a J-REIT listing for its Japan assets in H2, and the Sept. 22 injury vote in the U.S. ITC 201 trade case. Project sale timing continues to be pushed back, the firm says, with expected 2017 sales already potentially delayed into 2018 and likely driving a 2017 revenue guidance miss. Barclays continues to see downward price risk potential for CSIQ to realize the full expected $1.8B of market value given the pressure on solar project values in the U.S. (60% of the company's portfolio); while CSIQ expects a J-REIT listing in H2, the J-REIT market continues to suffer from low liquidity, the firm adds." I was surprised to see this reaction. Normally, analysts can understand messages given to them by the companies; this one missed it. One is the sale of the projects. Qu just said it, the company who is buying it appears to be a foreign buyer. He quoted sPower transaction based on Alberta fund buying 700MW. The transaction was announced in February and consummated end of July. I would not be surprised if Bowmont Capital arranged the sale. They work with CSIQ in Canada and Alberta. So they found a buyer among Canadian companies, potentially. Not sure about the lower price here. Qu said it was what they expected. Yes, there is a push out of revenue for Q4, but if revenue is coming, does it matter if it is Q1 or Q4? Operationally (manufacturing) the company needs to produce profit, and I think that goal is more critical and frankly, Q4 is their most capable quarter this year to do so. What about the sale of Chinese, Japanese and UK projects? Can they have $1B in Q4 without the US sale? Sure they can. US sale is probably $1B on its own. JREIT- no liquidity, did the Barclay analyst read Reuters story? How does he know that? I bet he has a limited idea what he is talking about. Only 20% of the value, perhaps less will be the public issue; rest is loans. Is he saying there will not be $60M US on a Japanese market for it? Perhaps not, but I would not throw the company out for it. Looking at the numbers, Canadian will have double the volume of MW or more. IPO will tell the story, and this is just a speculation by Barclay. Two of the three funds are selling shares on the market btw, so what liquidity or lack of interest the speculation is based? Suniva- I guess he expected that Trump would not vote tariffs? I think that Canadian is uniquely positioned to avoid tariffs via Canada location. I do not know this for a fact, but law today allows for it. I kept my shares and averaged. Finally, what about the full potential of $1.8B? The stock is worth $800M now, I am not even sure what he meant.
  6. 1 point
    More news from the front lines. As I mentioned, my little 7200 watt system goes up on Monday, and just made it before APS, the state's largest utility, dramatically reduces what it pays solar customers for their power. They are going from 14 cents to 3 cents. Plus, they are raising rates for everyone 8 percent. Essentially, rooftop solar in AZ will be dead, and that is before Suniva is factored in. Ultra-efficient panels and cheaper batteries cannot come soon enough. Finally, APS is "governed" by an entity called the Arizona Corporate Commission, who reviews and rules on their rate hikes and policy changes. APS is well known to spend wildly get their own people elected to this commission. Imagine that... http://www.12news.com/syndication/facebook-instant/aps-seeks-8-percent-rate-hike-huge-cut-in-solar-subsidy/226429618
  7. 1 point
    Can't help you there, confusion seem to be a frequent with you.
  8. 1 point
    On Friday I submitted a Stock Manipulation complaint against JA Solar and their CEO and today I have a call into one of the law firms with a stockholder lawsuit against Sunpower to see if there is justification for a lawsuit against JASO and their CEO