[odyd 1,340]

Conergy Nov 13 GCL Nov 13 SolarWorld Nov 14 Canadian Nov 15 Jinko Nov 20 Trina Nov 20

[explo 648]

Decent Q4 demand and ASPs at record low. Any chance we could see green spot prices soon. Not that it would last, but it could trigger some temporary sentiment change.

[odyd 1,340]

Breached covenants cannot use any loan facilities which still have under drawn balance.

[explo 648]

They can't make it so they nuked the whole industry. How nice of them.

[odyd 1,340]

Yes, I hope they go bankrupt, before any Chinese would. It took 3 quarters to come to conclussion that Trina is just one of the Chinese and not that good one.

[odyd 1,340]

27% jump over the quarter https://solarpvinvestor.com/database/japans-quarterly-results 32MW shipped from China in September, STP and CSI leaders with 11, 10MW.

[odyd 1,340]

Nice to see that GT is picking off all the start ups in the tech filed. You must remember this one? http://gigaom.com/cleantech/gotta-be-a-record-solar-startup-twin-creeks-holds-firesale-months-after-launch/

[explo 648]

Yes, I hope they go bankrupt, before any Chinese would. It took 3 quarters to come to conclussion that Trina is just one of the Chinese and not that good one.

Yes, let the racist company go bankrupt. The are not fit to act in a global world. Regarding the conclusion, you mean for you personally? Trina still have the benefit of the strong balance sheet they built, but are now bleeding, with a big admin cost suit being one problem. Guidance misses have led them to lose a bit of their good reputation. For me the often high valutation relative to peers always felt like a risk, i.e. they were expected to always do much better than peers, which I saw as difficult, so I've avoided the stock, despite respecting the company. Right now I am not sure if they are aligning with the industry development as well as before. Their mono offering is still 5 inch...

[odyd 1,340]

Hi Explo, not for me as much as for the market. The price was the strongest, favoring them. The hope did not manifested and the hope turned to anger. Me, well as you can see I dedicated a lot of my time to solar. I do not see Trina to lead today. I am very disappointed that Trina slept when projects where being awarded. To me you have to adapt or get killed. Their inability to tell what they sell, is simply stupid.

[explo 648]

Who do you see leading or worth investing in today? TSL and YGE are losing market share. STP too I think. All 3 have to high opex. STP and YGE has too much debt.