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odyd

Daqo (DQ)

    223 posts in this topic

    Any opinions, do not see guidance on poly they are below $20/kg, which is about only thing making it interesting. http://finance.yahoo.com/news/daqo-energy-announces-unaudited-fourth-100000097.html

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    $17.3 million in cash down from $53.8 million in Q3. $307.8 million in total debt where $120 million is short term. I have not follow Daqo well but that cant be good. Even if their poly will be cash positive Im sure it wont cover that kind of short term debt.

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    A lot of positive hints in the cc, nobody showed up to ask questions.

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    nobody showed up to ask questions.

    Looks like everyone has abandoned Chinese solars.
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    How can anyone be happy holding on to Chinese solars? It does not matter what they report or what they say. The street hates them just the same.

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    Lol yeah I was thinking about that too :) But seriously a bit sad for DQ if polysilicon turn around now and they just happen to miss it. But better for the other polysilicon players if they are consolidated.

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    JKS also down 60% at 4.17 since mid February. Maybe get some of that too? So is 60% the magic number?

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