The Company manufactures multicrystalline solar wafers, which are thin sheets of crystalline silicon material primarily made by slicing multicrystalline ingots or monocrystalline boules.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
Nuclear fallout probably not, but only a fool wouldn’t cash in on a short in the solar sector. Solar currently has a bad habit of yo-yoing at the moment. LDK is sitting right below its 52 day average. Great time to throw some real cash into it.
I believe LDK has no big problem to pay back their huge dept.
First, they are ending the expansion mode, train 3 is going into production and the major investments are done.
Second, they can reduce costs when they stop expansion.
Third, they can look for another investment partner instead of paying banks huge fees.
Solar is in its baby shoes and LDK is positioned very well in this market.
The dept is not because of bad management, the dept is because of the built-up of big capacities in a growing market.
This shows much more capability than is needed to buy and sell poly on the spot market by some fund manager who isn't even thinking about his behavior and havoc for some companies he is creating.
Solar will be the future energy form in this century. It is just a question of time and a question who will own these companies.
Thank You!