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Usbstefan

Solar Member
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About Usbstefan

  1. Usbstefan

    First Solar (FSLR)

    For all you traders ... any thoughts as to how large of a share buyback they would need to do (assuming they were to do one in 2019) in order for there to be effect?
  2. Usbstefan

    First Solar (FSLR)

    Mark ... shorting of FSLR seems unreal. So much opposition to upward moves.
  3. Usbstefan

    First Solar (FSLR)

    Luz ... its hard to know exactly, but my runs come out to your levels. Additional detail on which modules are being used (i.e., 4 vs. 6) for systems, etc. is what makes it hard to pinpoint to exact detail. Approximate figures for me indicate that without the series 6 transition costs, plus better economics of series 6 will bring them up above $4.00 eps easily. This assumes ASP stay firm. Either way, they seem to have built a cushion for 2021 and are in the midst of planning addition measures for that period (i.e., safe harbor, additional capital spending, etc.). I though the call was find. FSLR seems to be executing great. Soon to come ... efficiency gains?
  4. Usbstefan

    First Solar (FSLR)

    Yes. Given the influence Goldman analysts have on the capital markets it is great to see Brian become more supportive of the company’s prospects.
  5. Usbstefan

    First Solar (FSLR)

    JMP is out with a report saying street estimates of 2019 margins maybe too high. They believe current price is fair.
  6. Usbstefan

    Canadian Solar (CSIQ)

    What will CSIQs asp be in 2019? It sounded like they have some contracted margins, but for only 3 months out? Anyone know if that refers to beginning in 2019? From the transcript it looked like their 4Q margins are to remain fairly stable q-o-q. So I’m wondering if their asp is expected to stay flat or increase, or their cost is expected to decline, or they have contract protection like FSLR. From what I could tell the big drop in poly prices is helping them out, which will naturally flow through the other upstream components as well. As long as asp stays elevated seems like CSIQ is going to do very well. Curious to see if some of their higher asp is due to higher efficiency product mix.
  7. Usbstefan

    Canadian Solar (CSIQ)

    There goes positive momentum.
  8. Usbstefan

    First Solar (FSLR)

    What's interesting is that FSLR is still booking sales despite the reduction in mono perc module pricing.
  9. Usbstefan

    First Solar (FSLR)

    Yes. Now we just need people to see the light.
  10. Usbstefan

    First Solar (FSLR)

    Read some where that UBS has FSLR at $85.
  11. Usbstefan

    Solar News

    Mark, Don't worry pretty soon solar manufacturers will be making and giving their modules for free. This is going to happen in 2021. So yes ... while us investors lose our hard earned money or so called investments ... the world will get free solar energy and a cleaner environment. Who cares if FSLR is showing more and more signs of being an industry leader and one of few companies best positioned for this consolidation phase. JMP is right, there will always be some newcomer out of China (presumably) with a bankroll who will just buy the latest manufacturing technology and then sell at a lower cost than everyone else. They too will eventually go bankrupt like all solar manufacturers before them. So yes ... what multiple do you assign these companies when they are all going to go bankrupt anyway.
  12. Usbstefan

    First Solar (FSLR)

    I was able to listen to the safe harbor statement and I think they are referring to the recent IRS ruling allowing utility solar to qualify for ITC for four years. So it sounds like they are anticipating some great development opportunities after 2020. I say 2020 because it sounds like they are almost out of modules until then.
  13. Usbstefan

    First Solar (FSLR)

    Plus series 4 is sold out.
  14. Usbstefan

    First Solar (FSLR)

    After hours ... while light is not liking the guidance chance it looks like though.
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