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Everything posted by pg6solar

  1. Trading Solars

    An incredibly detailed article. I've read nothing close to it (in perceived competence) on SA before. Clearly a must read.
  2. JA Solar (JASO)

    Who is buying JASO? (I mean the company, not the stock). PPS is higher than the "offer" second day in a row and is over $7 now.
  3. Canadian Solar (CSIQ)

    JKS did explain their low Q2 GMs - mostly due to significant (much more than expected) OEM shipments. Q3 OEM will be significantly reduced (from Q2's levels and as percentage of the Q3's total) and Q4 OEM will be even further reduce to a bare minimum with increase in internal capacities and with as guided lower shipments (as per FY guidance, they expect to ship the least in Q4, hence I assume almost all will be from the internal supply). So GMs should improve (and certainly will improve provided poly stabilizes/falls).
  4. JinkoSolar (JKS)

    Historically huge shipments and revenues...but a huge miss on EPS, huge bloating receivables, huge margins decline y/y...low cash position...stock is already 10% down from Friday with probably an other 10% down at least on the way...IMHO they will also "go private" when stock is low enough.
  5. JinkoSolar (JKS)

    JKS reports on September 6th. CC at 7:30AM. I agree with elsewhere posted opinion that (especially based on what JASO posted yesterday) JKS will have a blowout Q2 and might have needed extra "accounting" time.
  6. Trading Solars

    Exactly why Trina left, JA wants to and can be taken out on a cheap, and Jinko will surely follow too.
  7. JA Solar (JASO)

    transcript is out: https://seekingalpha.com/article/4101011-ja-solar-holdings-jaso-q2-2017-results-earnings-call-transcript loved the exchange between Herman and Gordo: Gordo: "Could we see 28% decline in the second half in ASPs, second half to define as June to December?" Herman Zhao: "I think the answer is very clear. The answer to that question is no."
  8. Trading Solars

    JKS does NOT report tomorrow. ONLY companies' PRs and info on their websites should be looked at when posting above.
  9. JA Solar (JASO)

    JA obliterated expectations. 2.15GW module shipments in Q2!
  10. Canadian Solar (CSIQ)

    Everyone is entitled to own interpretation of what was written. However, one sentence is undeniable: "The size of the beat, 26% higher module shipments above the midpoint of guidance and 15% higher revenues above midpoint of guidance, raises an eyebrow given that the guidance was given on 3/21 with 10 days remaining in Q1". It was widely expected for CSIQ to have really "bad" Q1 which they did not relatively speaking. Its not unreasonable to assume they "moved" some of Q2 to Q1 to sweeten Q1's otherwise bad results. Also agree with author's (relative to each other) Q2 guidance of CSIQ vs. JKS.
  11. JA Solar (JASO)

    Based on yesterday's stocks movement, market did not "buy" the argument...yet.
  12. JA Solar (JASO)

    I think if anything, JKS' shares were significantly raised while CSIQ's stayed dormant. So while it appeared JKS dropped, the delta is $5 currently, which is above $4 something it was in early May, before ERs were announce later on.
  13. JA Solar (JASO)

    No shots.
  14. JA Solar (JASO)

    Right that's why one does in/out on .20 moves. What is .20, or .50 or even a $1 long term?
  15. JA Solar (JASO)

    Common Explo, my reply was regarding DQ since this was the conversation, not JKS. I was continuing DQ conversation when JKS got mixed in between my posts.
  16. JA Solar (JASO)

    If there's an effect of Trina's leaving, its in my opinion a negative one toward CN solars. Look at CSIQ's pathetic volume on ER date - previous two ERs volume (after definitive Trina offer) was "only" over 5M ea (last August at was 19M). Today its on path to be under 3M. No interest from the market.
  17. JA Solar (JASO)

    Market does not care. Can one buy a few (even one) thousand shares at a time without immediately effecting the price and then even worse, selling all without price dropping? Not easily.
  18. JA Solar (JASO)

    It goes well outside JA's topic, but what was that (now almost completely deflated) 30+% pop in JKS over one week in late May on excellent volume (of course 20+% of the move was gone in a single day on super volume)? There were opinions of equity raising which never materialized.
  19. JA Solar (JASO)

    Well going private did not remove Trina from (I am sure) still being a global player. JKS "sold" their most profitable cash cow. They no longer need US listing to be a major player as China IS the place to be for foreseeable future. The main reason IMHO to stay here is to go to equity markets. Will they? I would bet not and if so will go "private" eventually too, leaving only CSIQ as the only non-ADR player (well there's FSLR, but its a different story).
  20. JA Solar (JASO)

    Since stock has almost to liquidity, its very difficult to buy "enough" DQ on the bottom then sell it all close to the top to make good money.
  21. JA Solar (JASO)

    Thanks. Then at least the CEO is not a crook and was truthful when stating Chairman could no longer buy on the open market. Why put ceiling and shares then?
  22. Trading Solars

    It was not a "bad ER". They met (even beat) low expectation. Bad would be GMs below JKS' 11% with $40M (instead of $13M) or so loss. We still may see $11 or lower (especially with any market hick up for which we over due), but not today.
  23. JA Solar (JASO)

    I guess the question is can Chairman buy stock on the open market? As per Ja's ER in May, CEO said no he can not. But I wonder if its true, hence a "non-binding" offer instead of a biding one. Maybe, a pure speculation, non-binding part allows him to buy ADRs on the open market. If he can, it explains a two year delay and even lower "offer" to put ceiling on the share price. If he can't, why just not to put a binding offer.
  24. JA Solar (JASO)

    The reasons given for significantly lowering the "offer" should and will IMHO put ,at least in a short term, pressure on US listed CN solar stocks. Its clear JKS will be next in not so distant future, which really leaves only CSIQ as an "investable" "CN" solar listed in the US.
  25. Trading Solars

    They made it...barely - 13.5%. But posted a loss anyway.