LDK Solar Co., Ltd. (LDK)

familyfund1 (< 20) Submitted: 1/01/08 6:33 PM : Start Price: $57.24 LDK Score: -29.44

As of Dec 31 07 LDK was the second most bought stock by institutional investors for the week prior.
http://www.fool.com/investing/general/2007/12/31/wall-streets-buy-list.aspx

They have locked in materials for years, and have over a BILLION dollars worth of contracts. That's a lot of contracts for a 5 billion market cap company. There is also a rumor that they have figured out how to reprocess waste silicon, which would change a lot.
Zacks predicts their growth rate at 28% http://moneycentral.msn.com/investor/invsub/analyst/earnest.asp?Symbol=LDK and the average analyst rating is moderate buy, which is a little rare in the hot/volatile solar industry.
I have notes, but can't remember where from, that say that LDK supplies SOLF and CSIQ, which are both considered solid in the field.

Sales     393.04 Mil
Income     114.09 Mil
Net Profit Margin     30.33%
Return on Equity    75.53%
Debt/Equity Ratio    0.35
Revenue/Share     4.13
Earnings/Share    1.21
Book Value/Share 5.87

and if these two numbers maintain for a year, then well.. all i can say is... Boys, reach up and grab on to some goodies, cause it looks like a wild ride! ; )

EPS YOY
2nd Qtr   1,350%   
3rd Qtr   825%

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