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Canadian Solar (CSIQ)

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1 minute ago, Klothilde said:

You mean how he kept clearing his throat again and again? I was so disgusted... Sometines these guys forget that there are also ladies listening to the con calls.

Haha, the throat clearing was obnoxious.  The obfuscation continues, but in new and creative ways.

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3 minutes ago, Mark said:

Haha, the throat clearing was obnoxious.  The obfuscation continues, but in new and creative ways.

To be honest with you Mark, I saw today not a single sign of "obfuscation"... I guess Qu decided to do it (goPrivate) honest and correct way... Therefore, I am strongly convinced now that price will be adjusted to $20 - 21/share level... BOD/Committee not stupid, they know now that they will be asked eventually to justify 18.47/share versus 20-26/share at JKS... and we all know what JKS is...

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1 minute ago, pg6solar said:

5 weeks ago, JKS sold 4M shares at $18.15. So $18.47 for CSIQ looks good.

We will see. Very soon :-)

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15 hours ago, MVA said:

To be honest with you Mark, I saw today not a single sign of "obfuscation"... I guess Qu decided to do it (goPrivate) honest and correct way... Therefore, I am strongly convinced now that price will be adjusted to $20 - 21/share level... BOD/Committee not stupid, they know now that they will be asked eventually to justify 18.47/share versus 20-26/share at JKS... and we all know what JKS is...

So those 2 big red candles in advance of his offer are 'honest and correct'?  Stock was 19.09 at the high, before someone took an ax to it.  An ax at a time when investors and analysts were getting excited about the prospects for them cleaning up the balance sheet by monetizing these projects.  Everyone was just waiting for $20+ in the short term and both technicals and fundamentals were supportive.  There was nothing honest or correct about him taking advantage of market weakness (whether it was created for the go private reason or not) to get the company for less than the $19 it was trading at a few weeks earlier.  He's buying the company... he wants the best deal for himself, not for us.

As for the board, this is Qu's baby.  Just like Gao with Trina.  The board isn't out for shareholders any more than Qu is, so the romantic thought that this bunch of board members are looking out for your best interests?  Sorry, time to wake up.  I think this is more of a Trina than a JASO situation, so I don't see a lower offer coming.  Institutional investors are driving the price down and trashing this as much as possible to gobble up shares down here to offset potential losses or to take advantage of the gains to 18.47.  

Jinko is unlikely to be 20-26 a share for an extended period.  They have no projects to sell and we all know how profitable the module side is right now and they just diluted further.  

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3 hours ago, Mark said:

So those 2 big red candles in advance of his offer are 'honest and correct'?  Stock was 19.09 at the high, before someone took an ax to it.  An ax at a time when investors and analysts were getting excited about the prospects for them cleaning up the balance sheet by monetizing these projects.  Everyone was just waiting for $20+ in the short term and both technicals and fundamentals were supportive.  There was nothing honest or correct about him taking advantage of market weakness (whether it was created for the go private reason or not) to get the company for less than the $19 it was trading at a few weeks earlier.  He's buying the company... he wants the best deal for himself, not for us.

As for the board, this is Qu's baby.  Just like Gao with Trina.  The board isn't out for shareholders any more than Qu is, so the romantic thought that this bunch of board members are looking out for your best interests?  Sorry, time to wake up.  I think this is more of a Trina than a JASO situation, so I don't see a lower offer coming.  Institutional investors are driving the price down and trashing this as much as possible to gobble up shares down here to offset potential losses or to take advantage of the gains to 18.47.  

Jinko is unlikely to be 20-26 a share for an extended period.  They have no projects to sell and we all know how profitable the module side is right now and they just diluted further.  

I was talking about events after Dec-11/2017... Regardless of how I hate them for what they did to long term investors (me), I see no manipulations from the company's management after Dec-11/2017... ANALysts, on the other hand, yes - they do manipulate with their stupid upgrade/downgrade game....

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The king of bulls, Oppenheimer revised their PT from 31 to 19.  For the obvious reason.  

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