Canadian Solar Inc. (CSIQ)

All Comments on CSIQ

  • commenter
    Sol Invictus
    Oct 08 03:27 AM
    Goldman Turns Cautious on Solar Sector [view article]
    I can not believe Goldman used this argument to cut its target prices ! THe "oversupply theory" has been discussed for months and the recent policies (US ITC + Spanish cap increase to 500 MW + German new tariffs) are strong arguments against this theory.

    The fact is that they were embarassed with the huge differences between their target prices and the current ridiculous spot valuations.

    These cowards used the fisrt arguments that sounded pessimistic enough to be credible in this bearish market in order to adjust their target prices closer to spot levels... What an intellectual dishonesty !!     Reply
  • commenter
    ericinNE
    Oct 08 02:59 AM
    Goldman Turns Cautious on Solar Sector [view article]
    GS is rapidly getting to be in the same camp as Cramer, as far as validity of opinion is concerned. Whatever they say, doing the opposite is your best bet. Reply
  • commenter
    maclogo
    Oct 08 02:06 AM
    Goldman Turns Cautious on Solar Sector [view article]
    AVAV is one one the few that can survive in the alternative energy field. It has government contracts in addition to its wind power efforts on our nation's skyscrapers. (Back-Up! It helps). Reply
  • commenter
    John
    Petersen
    Oct 08 01:20 AM
    My Website
    Goldman Turns Cautious on Solar Sector [view article]
    Expansion of the tax credits is great for solar because it eliminates the old $6,667 per taxpayer cap and makes utilities eligible. It is even better for the storage and power conditioning equipment manufacturers who were effectively frozen out of the old credit regime by low limits. If you want a glimpse of the next big alternative energy sector, review my SA series on energy storage. Reply
  • commenter
    Wayfarer
    Oct 07 09:30 PM
    Goldman Turns Cautious on Solar Sector [view article]
    Goldman manipulates the market regularly. They talk about weakening demand but the government just passed a bill that will pay 30% of every solar job for the next 8 years. They didn't mention this? How could they miss this? The U.S. has become the 800lb gorilla in world solar demand. Goldman should never be trusted. Reply
  • commenter
    GKM
    Oct 07 07:12 PM
    Goldman Turns Cautious on Solar Sector [view article]
    How can they be bearish on solar stocks when crude is going to $250 by the end of the year? That's what they said isn't it.

    I think we'll see a lot more games from these guys in the future. They've got to make book and it won't happen with ibanking.     Reply
  • commenter
    longtermstoc
    ks
    Oct 07 05:53 PM
    My Website
    Goldman Turns Cautious on Solar Sector [view article]
    Investment bankers? Ya, they have a lot of credibility. Reply
  • commenter
    David White
    Oct 07 10:17 AM
    Solar Gets What They Want, But Stocks Still Suffer [view article]
    The prospects of LDK and CSIQ remind me of an old FDR fireside chat adage, "We have nothing to fear but fear itself." Reply
  • commenter
    David White
    Oct 07 10:15 AM
    Solar Gets What They Want, But Stocks Still Suffer [view article]
    The Fed plan to fund the commercial paper market should help the U.S. economy dramatically. This will augment the $700 billion dollar bailout plan nicely. I am looking for at least a short term move upward as a result. The VIX seems to have momentarily topped out in the 50's. The last time it reached this high was the 9/11 disaster. There is still the possibility of another big downside move in stocks. However, it seems likely that the markets will let the dust settle on the current rescue attempts before they decide to mve down substantially. The Fed and Treasury are making a lot of good moves. It is conceivable that they are orchestrating a market bottom. The SPY has already lost more than 1/3 of its value from its recent top to its recent low. This is already a sizeable bear market. Perhaps we still have more downside coming. Perhaps this seeming near term bottom is the long term bottom. Time will tell. I still think LDK and CSIQ are great buys at their current prices. Both have low PE's for high growth stocks (CSIQ: PE= 10.54, FPE = 3.62, PEG = .18; LDK: PE = 8.98, FPE = 5.10, PEG = .21). Both of these stocks should show substantially lowering of their PE figures in the next reporting period (November). Neither should rationally have much further downside potential in a rational market. Of course, both are owned by mutual funds and hedge funds. if people liquidate their holdings in thes funds, these great performing stocks coudl still go down short term. Still it seems likely they will rise again quickly. Their fundamentals, especially LDK's, with its substantial long term fix rate contracts, will drag them upward in the longer term. Reply
  • commenter
    David White
    Oct 07 09:53 AM
    Solar Gets What They Want, But Stocks Still Suffer [view article]
    I should have noted that FSLR and SPWR were downgraded due to a new forecast for oversupply problems in the solar industry over the next year. The reason cited for the oversupply problems was an expected cut in subsidies. However, the U.S. has just extended its subsidies for many more years. The U.S. has begun to recognize that oil importation costs are toxic for its economy. It is now trying to lessen these negative effects for the future by supporting alternative energy. It seems likely that Japan, and Western Europe will feel the same way. Since these are the countries which are providing the big subsidies, it seems unlikely these most important subsidies will be cut substantially. However, there may still be oversupply problems due to economic issues. These problems may drag down prices. Further the increased competition from UMG solar and CIGS solar as each of these areas grows may drag down prices also. LDK seems best insulated from these effects for the near term (and the long term). CSIQ is one of the leaders in UMG polysilicone solar production. Its margins shoudl grow as a result. This will help dramatically in any price war. Both CSIQ and LDK should have considerable upside from their current prices, which are more a reflection of the current economy than the current expectations of these two companies. When these expectations come back into line, I think you can expect both of these companies' stock prices to explode upward. Reply
  • commenter
    David White
    Oct 07 09:23 AM
    Solar Gets What They Want, But Stocks Still Suffer [view article]
    Tuesday: FSLR and SPWR were both downgraded today by GS on fears for the solar industry (I suppose due to a recessionary world economy). This tended to drag all of the solars along with them, although neither LDK or CSIQ were downgraded by GS. LDK has virtually all of its production for 2008 and 2009 already sold at fixed prices. It is also one of the leaders in UMG solar manufacturing. This should help it increase its margins. It can probably only be hurt substantially during the 2008 and 2009 time period by companies which contracted for its product going under (reneging on their contracts). While this could happen, it seems more likley that LDK will continue to do extremely well, even in the short term. CSIQ was named the Bull of the Day today by Zacks. However, it is still down due to the GS rating downgrade on FSLR and SPWR. I am looking for it to recover during the day. It should have a lot of upside potential. It is one of the leaders in UMG polysilicone manufacturing. This should give it a definite edge in margins and business generated going forward. Both of these stocks seem to be underpriced at the moment. They should both have good upside potential. Reply
  • commenter
    Stockguy456
    Oct 06 01:31 PM
    My Website
    Solar Gets What They Want, But Stocks Still Suffer [view article]
    In about 2 weeks we will have some great deals. They are already good, but going lower. Reply
  • commenter
    BS Detector
    Oct 06 11:53 AM
    Solar Gets What They Want, But Stocks Still Suffer [view article]
    This whole mess is the Democrats' fault. Except that this whole mess is the Republicans' fault.

    Now can we get back to talking about the markets?     Reply
  • commenter
    alphameister
    Oct 06 12:07 AM
    Solar Gets What They Want, But Stocks Still Suffer [view article]
    The fingerprints of Obama (second only to Dodd as a recipient of campaign contributions from Freddie and Fannie) are all over this affirmative-action housing debacle. Community organizer = radical agitator (see ACORN). McCain co-sponsored legislation to rein in the two GSEs but Dems were solid in their "hear no evil, see no evil, speak no evil" support of F&F. (Not that any of this has relevance to the subject article.) Reply
  • commenter
    paultaut
    Oct 05 11:10 PM
    Solar Gets What They Want, But Stocks Still Suffer [view article]
    The Main Culprits behind the collapse of Fannie and Freddie were Democrats. This is undeniable, their words and deeds are available on video for all to see. Their voting records cannot be hidden.

    But laying the Blame on Bush seems to be your only way of keeping their voting records from public view.

    Too Bad, the Voting Public is receiving the truth even as I write. 09-45 PM CDT Oct. 05- 2008.

    Can't handle the truth, don't bother watching. Others will do it for you.     Reply
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