Energy Conversion Devices, Inc. (ENER)
Loading...
Symbols:
ENER Forum Topics
- All Comments on ENER
- General Discussion on ENER
- Three Reasons Solar Sell-off May Be in Early Innings [view article]
- Energy Conversion Devices: Ridiculously High Valuation [view article]
- Solar Breaks Oil Price Dependence [view article]
- Solar and Oil, Part Deux [view article]
- 41 Stocks Returning 10% or More Last Week [view article]
- Solarfun's Huge Run: Time To Lock in Solar Profits [view article]
- Energy Conversion Devices: Turnaround Story [view article]
- Sunny Days - Fast Money Recap (8/22/08) [view article]
- Solar Stocks: Cutting Back on Three Names [view article]
- Yingli Green Energy: Tidy Earnings Bump Up Against Anti-Solar Sentiment [view article]
- Best and Worst Performing Stocks Seven Months Into 2008 [view article]
- An In-Depth Look at Solar Stocks [view article]
loading ...Recent ENER Articles
- Energy Conversion Devices: Ridiculously High Valuation
- Three Reasons Solar Sell-off May Be in Early Innings
- Solar and Oil, Part Deux
- Solar Breaks Oil Price Dependence
- Energy Conversion Devices: Turnaround Story
- Solarfun's Huge Run: Time To Lock in Solar Profits
- Sunny Days - Fast Money Recap (8/22/08)
- 41 Stocks Returning 10% or More Last Week
- Relationship Sustained - Fast Money Recap (8/11/08)
- Yingli Green Energy: Tidy Earnings Bump Up Against Anti-Solar Sentiment
- Full List of Articles »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Three Reasons Solar Sell-off May Be in Early Innings [view article]
Kelvin, I think you drank the Minneapolis koolaid. Solars retraced last week just before and during the convention (hmmm...), but I'm writing this just after announcement that FRE and FNM need Uncle Sam's bailing bucket. Longer, stranger days ahead, where the general economic condition will be ballast in the boats of most stocks. Investors still willing to assume a little risk may end up looking for companies with an emerging technology and growth potential. You might see a change in investor sentiment after November and another strong quarter of growth in this industry.Reply
Three Reasons Solar Sell-off May Be in Early Innings [view article]
i know that solar is the fad right now, but it is legit and has the backing of silicon valley. its like the personal pc in 1983....around the corner from exploding...short if u want...but i am buying the winners (stp,ldk,amat) on dips..where there have been many..scott
solarfeeds Reply
licn
Three Reasons Solar Sell-off May Be in Early Innings [view article]
gebby, I do not believe in global warming or al gore, however i believe in solar. ReplyThree Reasons Solar Sell-off May Be in Early Innings [view article]
This article has a few major problems.1) Even though the CEOs of several solar companies say prices will drop 5-10% the author bases his point on a drop of 15-20% drop. Even though the CEOs, many who have multi-year contracts say silicon will drop 5-10% in '09, he assumes a 5-10% increase.
2) Get off Spain's subsidy. Does anyone remember carbon credits? There are companies doing projects today just for the carbon credit sales.
3) CA has passed legislation sudsidizing alt energy and requiring % of generation
4) Anyone remember the Mojave Desert is being staked out right now. There is a lot of money being planned for solar power right there
5) How about Florida Power and Light?
6) Even McCain wants a cap and trade
7) As the US dollar drops, it will make the cost of solar panels cheaper in US dollars.
The main issue will be FOREX changes for Chinese companies
Right now in the US, Boone Pickens is the predominate player. Regardless of who wins election, we are being led to alternative energy, not because of global warming but a push for energy independence. That is a cause no one will argue. Reply
Three Reasons Solar Sell-off May Be in Early Innings [view article]
You are absolutely right 2H, but you could also expand this micro-political forum into the Macro world of the problems facing our nation. I think that We snip at each other's ideas because WE know that we have to act now but We need a focus. Simply put, we need an Energy Policy which focuses on one solution but funds future alternatives as well.There are just too many Paths to choose from, I would prefer All Electrics but am quite willing to go along with ANYTHING until all electrics are viable. Anything is better than nothing. Reply
The Ponzi
Scheme
Would Last?
Energy Conversion Devices: Ridiculously High Valuation [view article]
Folks, look at the chart. Ener ran up not because of earnings but because of naked short covering. Then it double topped and has been weak ever since. It will soon wind its way back down because let's face it, stocks that don't pay a dividend exist only because of the greater fool theory and fools are becoming harder to find these days.Ener is a stock waiting to crash hard. Reply
Three Reasons Solar Sell-off May Be in Early Innings [view article]
This website is getting way too much political back and forth. Can we stick to financial issues? Who has time to read this stuff? Go back on this page and look at it. Most of you sound like complete fools - not logical nor is it relevant - just Yahoo-style ranting. ReplyThree Reasons Solar Sell-off May Be in Early Innings [view article]
Once again, conspicuous by his absence, Mr. Yetiv has no comment. Don't suppose it has anything to do with his 100% wrong call on TSL and CSIQ, do you? I said I'd meet you here after TSL earnings which I predicted would be followed by a TSL price decline.....Where are you, Doctor? STILL having difficulty blowing through the other end of your horn? ReplyThree Reasons Solar Sell-off May Be in Early Innings [view article]
Anyone who thinks the women who supported Hillary--the person the Repubs were praying the Dems would nominate, so they ran ads criticising the lack of a Veep nomination for her, too; as if Repubs wanted a Hillary Whitehouse?!--have no idea who the Hillary supporters are. Are you telling me that because McSame made the most blatant, non-reasonable choice of all his possibilities, so he could hold his Bible-thumping right wing (they only thump, not understand, it--the those women will vote for a female who contradicts everything Hillary believes in?Please. This choice has nothing to do with being "maverick," but becoming just another party hack, knuckling under to the "base" of the once Grand Old Party. Reply
Research
Energy Conversion Devices: Ridiculously High Valuation [view article]
Without doubt the author has made a blunder by using financial year to June 2009 for ENER on the one hand whilst then using calendar year 2009 for FSLR.A quick calculation reveals that ENER estimated EPS for calendar 2009 are about $2.50. Hence based on a share price of $70 it's on a 2009 p/e of 28 (a far cry from the 58 cited by the author) and with estimated growth at over 40% that's a 2009 peg of 0.70.
FSLR with a stock price of $250 is on a 2009 p/e of 36 and with estimated growth of about 55% that's a 2009 peg of 0.65.
Though not cheap neither stock bears a resemblance to the dot-com era. Certainly, it remains the case that ENER is not remotely as expensive as the author states.
Still, I suspect that we will hear a lot more from new entrants such as Nanosolar in 2009 and with their significant competitive advantages - conversion factor about 13% and cost per watt of well under $1.00 - we may see a weeding out of winners and losers in the entire solar space in the next year or so.
Reply
Three Reasons Solar Sell-off May Be in Early Innings [view article]
This one really hit somes nerves.1) who can find another industry growing faster?
2) markets and stocks go up and down
3) there's a time to be short and a time to be long - both work
4) when the whorehouse burns the pretty ones run with the ugly ones
5) If O wins, all stocks get slaughtered to lock in cap gains rate Reply
Solar and Oil, Part Deux [view article]
What do you say about 2 stocks with very low PEs [08 est], especially on 2009 estimates? CSIQ [10.3, 7.6] and SOLF [15.5, 10.6] ?LDK supplies both with wafers, thus as LDK's production continues to ramp above expectations, it is providing more [than estimated] wafers to its customers. So if they can expand their production lines at a faster rate, they will show better than currently estimated revs and eps.
Now that SOLF has cooled from its massive pre-eps run, it is poised to move again - and has the revenue growth and earnings growth to back it up. Remember - all of their figures are in RMB not $ and I used a rate of 7.5 in pe calculations.
CSIQ is much more interesting as its major criticism is its low margins. Good news is that it has gotten a handle on costs related to locking in its supply chain. Even with this accomplished however, the markets still tend to relate negatively to CSIQ's habit of being extremely conservative in its estimates.
CSIQ had a strange day last Friday bucking the trend, but continues to bounce off its rising and supportive 200dma. Technically it is getting pinched by the declining 50dma and something has to give - soon! A solid close above the 50dma should propel a breakout confirmed by a daily close above 33.24 and a weekly close aboe 33.58 - just not this week.
Here's a different play - who makes the assmebly line equipment for doping wafers and module assembly? If there is a pure play, its revenues are indicactive of industry capacity growth.
It's the old pick and shovel play. Reply
Energy Conversion Devices: Ridiculously High Valuation [view article]
Seeking Alpha should be ashamed for allowing this article. The article is very misleading, based upon very little homework and the author has an agenda. ReplySolar and Oil, Part Deux [view article]
the need for solar investment persists despite the oil price decline. governments around the world are interested in clean energy in order to address the global climate crisis. ReplyThree Reasons Solar Sell-off May Be in Early Innings [view article]
supershort.....do you believe global warming is man made? yes or no. this will reveal your bias and the basis for your views. Reply