Jump to content

dydo

Administrators
  • Content count

    18,813
  • Joined

  • Last visited

  • Days Won

    413

dydo last won the day on November 17

dydo had the most liked content!

Community Reputation

1,491 Excellent

2 Followers

About dydo

  • Rank
    管理员

Profile Information

  • Location :
    Airdrie, Alberta

Portfolio

  • Portfolio %
    CSIQ 80% DQ 20%

Recent Profile Visitors

11,504 profile views
  1. JA Solar (JASO)

    I am moving this thread to M&A. Not sure how many believe this is not happening. When is the vote? I assume it will be quick.
  2. JA Solar (JASO)

    I have been trading mostly not making higher prices but not losing. Never was interested in JASO. This is a done deal. 32% of voting shares are on buyers' side. They can buy shares on the open market. I look at this as good for the JKS and CSIQ, they are trading higher than when TSL was here. It somewhat a selection reduction hence more will own the shares. That cannot be bad.
  3. Trading Solars

    Sold DQ bought NEP.
  4. JA Solar (JASO)

    BTW that is 10% gain in my estimates for JKS and CSIQ.
  5. JA Solar (JASO)

    Unbelievable I was right JASO used own money to get off the exchange.
  6. Daqo (DQ)

    Shen updated Daqo to $50 Roth Capital analyst Philip Shen raised his price target for Daqo New Energy to $50 from $45 after the company delivered a Q3 beat/strong Q4 guide driven by ASP strength and management's debottlenecking efforts, which have resulted in higher than expected effective capacity versus nameplate. The analyst reiterates a Buy rating on the shares. Read more at: https://thefly.com/landingPageNews.php?id=2643146
  7. Daqo (DQ)

    DQ currently trades above the book value, and it is about the same place where FSLR on that metric. I own the stock as it has a good reaction potential based on $2 rise in poly in Q4, but the company remains a small business with limited resources and visibility. Highly cyclical and not that much excitement in the PR. $70 would be nice, but for 2018 the prediction of two analysts is for the company to make less money and fewer EPS. Sometimes metrics mean little when people just check someone else's opinion. What is your timeline to reach that level, I am discarding the goal of 2030.
  8. Canadian Solar (CSIQ)

    Recurrent joins BoD of SEIA https://www.seia.org/news/recurrent-energy-joins-seias-board-directors
  9. Canadian Solar (CSIQ)

    Indian project is reported as sold by Mercom, no price given https://mercomindia.com/canadian-solar-solar-project-maharashtra/
  10. Solar News

    It seems like you cannot decide whether it is easy or hard. The scale means everything and financial capacity is the most important. CSIQ hires people to install modules, the installation is the least qualitative item in the whole enterprise, yet peculiar enough FSLR sees itself to win hearts buy improving expediency of two installers. It takes a bit more than a plumber butt to build solar plants, and if it was easy 11% GM of $1.50 is a lot better than 11% of 30 cents, so why not do it? The capital intensity, the ability to create more value, is a business of finesse. When FSLR drops the plant in a quarter, all the investors pee their pants in euphoria. When they have sold their modules only, again nothing else but shortsightedness, forced to sell the stock. No, solar plant building is excellent, and it will get even better in time. It will get smaller in size, more plug, and play, overall cheaper and even more technology-based. Improvement will not stop and the global presence, allowing a name to walk in a room and collect 50% of projects like ENEL does, and they do not even make washing machines, makes all the difference in a world. Yes, there is a lot of people making modules, which by virtue of your logic is also bad business, but there are fewer those who build solar plants, like really ready to do it, with all bells and whistles. Combine two and you have a recipe for success, which means money.
  11. Solar News

    Siemens cuts jobs in fossil sector explaining the shift due to the growth of renewables. If they only knew how solar plants suck! https://www.reuters.com/article/us-siemens-power-restructuring/siemens-to-cut-6900-jobs-to-tackle-flailing-turbines-business-idUSKBN1DG257
  12. JA Solar (JASO)

    I just had a creepy idea. Subsidiaries of Jinglong supply wafers and Jinglong is the parent company and home of the Chairman. Nobody has paid enough attention to the fact that JASO invested $148M in inventory, but I continue to muse over it. Why would JASO dedicate to sink 26% of its cash into inventory this time a year? Well, if Jinglong is the seller, JASO just handed half of its capitalization in cash for the market cap of $330M. Jinglong owns 16% and Baofang owns 16% himself, so 32% will vote yes.
  13. Canadian Solar (CSIQ)

    Nice, Looking at the numbers provided we are talking about 35% generation efficiency or about 2.67 times more than Japan has to offer. The land in Mexico is probably 1/10th or perhaps 1/15th of what it would cost in Japan. The efficiency of modules in 2020, could be firmly at over 19%%, in a range of 390 to 400W (last being the 20.1%). The ASP of $0.26 per watt, would require costing of $0.23 per watt and margin of 12%. Considering that Longi is yapping about 340W 60 cell unit at 20.5% we are not talking fantasy here. I did IRR on the cash flow the amount from generated electricity, assuming this to be an average. IRR of 6%, which is common for solar, requires $0.80 per watt installation. I am assuming they did their costing and that is 20-year cash flow. CSIQ average is actually $0.022 per kWh bid or 26% higher than ENEL's $0.0177. Jinko lost the bid.
  14. Canadian Solar (CSIQ)

    I like provocation as an attempt to defuse $500M in cash injection.
  15. Canadian Solar (CSIQ)

    They sold their Indian asset, as per a news release. Recognition supposes to take place in Q4. I have now confirmed that financing liability carried on the balance sheet at $419M is part of the revenue recognition for each respected project and will be eliminated as result of the sale. As a zero margin amount, it lowers the GM, but becomes cash. The table below is what I estimate for the Q4 outcome.
×