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dydo

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dydo last won the day on June 7

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About dydo

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    Airdrie, Alberta

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  1. dydo

    Canadian Solar (CSIQ)

    I am not sure about the limitations of the law to buy shares when the offer was made. I guess he could easily buy shares if he had money to do so, there is no hold on him. Let's consider BOD as an independent body. Do you find them useless not to recommend to shareholders to accept it, especially now? What is there to review now? I think the next move is BODs, even we know Qu controls it. So no reaction from BOD at this point indicates second thoughts? The market certainly reads this and those who are selling into it for past few weeks.
  2. dydo

    Canadian Solar (CSIQ)

    Seeing this market I would not argue even if he came with $15 to $16 range as an immediate binding offer, anything above $16 would be sweet. I guess I want this chapter to be over. I have underestimated total dismissal of solar after 6 months of absence from the industry.
  3. dydo

    Canadian Solar (CSIQ)

    The selling is related to China. FSLR selling to it is, even more of a concern than CSIQ,
  4. dydo

    Canadian Solar (CSIQ)

    The reason is simple as Klothilde explained it. The market does seem to consider the offer as serious. It has been 7 months and no more has been said. It is likely to expect that price would be reduced, everyone would make such assessment, especially when another drop like today is taking place. I am not sure if Qu would reduce it. He may, but nothing is the game. That is the reality and China trade of course.
  5. dydo

    Canadian Solar (CSIQ)

    I do not know, but 8% drop after 14% drop for the same reason seems as overdone. When I rad Corville's blog he suggested this is going to be like 2012/2013. I thought about it and could never see companies of today to be treated as companies of that period, but why not? I did not have a good answer.
  6. dydo

    Canadian Solar (CSIQ)

    I think Qu is selling his shares, it feels like it.
  7. dydo

    Canadian Solar (CSIQ)

    do you think trade issues between China and the US having to play a part?
  8. dydo

    Canadian Solar (CSIQ)

    New modules by CSIQ https://finance.yahoo.com/news/canadian-solar-launches-next-generation-113000563.html GUELPH, Ontario, June 14, 2018 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar"), one of the world's largest solar power companies, announced it will introduce the global launch of its next generation solar modules at Intersolar Europe which will be held from June 20 - 22, 2018 in Munich, Germany. The Company's Chairman and CEO Dr. Shawn Qu will inaugurate BiKu, HiKu and HiDM modules during an exclusive event. Canadian Solar's BiKu modules are at the forefront of high efficiency dual-cell bifacial modules in the industry.
  9. dydo

    Solar News

    Very long but interesting blog from Colville. He considers FSLR as winner. He thinks this will be as bad as 2012/13. CSIQ being developer may fare better (my view) https://www.pv-tech.org/editors-blog/bizarre-demand-forecasting-for-2018-overshadowing-real-impact-of-chinas-con
  10. dydo

    Canadian Solar (CSIQ)

    I think there is about $200 plus M to add based on projects. Capex will not affect the book since book is shareholders equity via earnings. I would say they can add perhaps $100M to it this year or less. JPM is probably wanting to buy more shares, as they know Qu will buy it.
  11. dydo

    Canadian Solar (CSIQ)

    this is mostly because of their earnings.;
  12. dydo

    Canadian Solar (CSIQ)

    Another factor which is not being discussed here is that book value of the company went up since the offer. Using Q4 results, the book value was $17.10 per share. Today, Q1 inclusive, the value is $18.45. So the offer is literally a book. I know that means very little in the offer for JASO, but I think there is a difference between two companies.
  13. dydo

    Canadian Solar (CSIQ)

    Interesting PG. I was not watching as much. I think that lower offer would be accepted as well, however, I do not think the lower offer will be made. CSIQ shares are not ADR. The company is incorporated in Canada and its business, including Recurrent, has the strong US presence. Qu owns shares of CSIQ, over 13M. By lowering the price he would be lowering the value of the company he wants to own and I imagine he has global business plans to use this value. The consortium who will be buying the company with him understands the enterprise value. The situation in China impact CSIQ but not so much. Once again their plant business can act as a sponge. The technology can continue to replace older capacity, but expansions will not proceed. The share price is not a reflection of the value of the company. In the world of global finance, the balance to the offer is peanuts. I am not sure if he or party on behalf of the offer are acquiring shares, perhaps there is a legal limit to do so. I also think that current price, could and this is my mindset change, get the activist investor and pursue the offer without changes from Qu. I am excited to own shares in CSIQ today, again. His offer made me lose interest, now the crisis made the shares attractive and the offer is playing the part of this attraction. GLTA
  14. dydo

    Trading Solars

    Do not rely on my statements, but I actually think Qu would pruchaseCSIQ at $18.47. despite the price drop and the current situation.
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