Evergreen Solar Inc. (ESLR)
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ESLR Forum Topics
- All Comments on ESLR
- General Discussion on ESLR
- Some Crazy Deals, If You Have an Appetite for Risk [view article]
- Goldman Turns Cautious on Solar Sector [view article]
- It's Official: Renewable Energy Tax Credits Here to Stay [view article]
- Solar Gets What They Want, But Stocks Still Suffer [view article]
- Solar Rises As Senate Adds 'Tax Extender' Legislation to Bailout Bill [view article]
- Solar Stocks Take Drubbing on Report Congess Won't Extend Investment Tax Credit [view article]
- Financial Markets Circle the Drain: Where Does That Leave Clean Energy? [view article]
- Spain Considers Raising Solar Installation Cap [view article]
- Solar Energy: Help Is on the Way [view article]
- Has the Sun Set on Solar Energy Stocks? [view article]
- Lehman Collapse Causes Funding Difficulties for Renewable Energy Companies [view article]
- Three Reasons Solar Sell-off May Be in Early Innings [view article]
loading ...Recent ESLR Articles
- Some Crazy Deals, If You Have an Appetite for Risk
- Goldman Turns Cautious on Solar Sector
- It's Official: Renewable Energy Tax Credits Here to Stay
- Solar Gets What They Want, But Stocks Still Suffer
- Solar Rises As Senate Adds 'Tax Extender' Legislation to Bailout Bill
- Financial Markets Circle the Drain: Where Does That Leave Clean Energy?
- Solar Stocks Take Drubbing on Report Congess Won't Extend Investment Tax Credit
- Spain Considers Raising Solar Installation Cap
- Solar Energy: Help Is on the Way
- Lehman Collapse Causes Funding Difficulties for Renewable Energy Companies
- Full List of Articles »
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Some Crazy Deals, If You Have an Appetite for Risk [view article]
this is not investing.this all has become a game.sad.this paper shuffling will be the end of this country. ReplyMüller
Goldman Turns Cautious on Solar Sector [view article]
Solar is about to become a main energy source in the not to distant future. when polysilicon prices will come down substantially, total module manufacturing costs per Wattpeak will be around 1-1,50 USD.Some Chinese Modulmaker like Yingli have module processing costs of under 1 USD, and 75% of their total costs are silicon-costs!
These raw material costs can be reduced dramatically when polysilicon becomes abundant. People do not understand that the learning curve of the PV Industry is incredible. I predict module prices of 1,5-2 USD/Wattpeak (Today above 4 USD) at the beginning of next decade. The social benefits of solar technology are unlimited as it will help us to mitigate climate change in the long run.
Greetings from Germany Reply
Goldman Turns Cautious on Solar Sector [view article]
Oh, and LDK got an upgrade from one analyst to buy recently. FSLR and SPWR are going the other way. Even GS hasn't downgraded LDK. ReplyGoldman Turns Cautious on Solar Sector [view article]
There was this downgrade. However, there has also been a lot of non-specific hedge fund and mutual fund selling. Virtually all of the hot areas have been hit hard. The most obvious reason is that all of the mutual funds and hedge funds owned these stocks. If they have to sell to give suddenly wary customers back their money, they are selling these formerly hot stocks. Now these stocks are beaten down. Some of them likely deserve to be. FSLR's multiples had been outrageous. They are probably still too high. However, other stocks such as LDK had reasonable multiples. These stocks are now bargains. Eventually the market will sort this out. LDK for instance just raised its revenue guidance for Q3 by about 10%. They have reach production capacity goals earlier than expected also. When a projected 80% grower has a PE of 8, an FPE of 4, and a PEG < .2, you have to think its a bargain. Also LDK has firm contracts for virtually all of its production in 2008 and 2009 at fixed prices. For the last several quarters, this has hurt their margins. If there is an oversupply problem here or coming in the near term, LDK should weather it well. Their fixed price strategy will start paying dividends. Further they are one of the leaders in adoption of UMG solar. This should help them in two ways. It should allow them to use virtually all of the scrap that they buy, without running it through their polysilicone plant (an added cost). It should give them high margins on this sector of their solar manufacturing. This all means more profit for LDK. It also likely means management is doing a great job. ReplyGoldman Turns Cautious on Solar Sector [view article]
Unfortunately, Goldman Sachs now has the reputation of that rich spoiled kid who, after he/she breaks the rules and gets caught, cries and asks mom and dad to come to school and bail him/her out...whimpering little maggots feeding on their connections to the Fed, Treasury, and the American Government.Of course, GS is a powerful investment firm whose words carry weight, and I am sure their number crunchers have crunched their little numbers until they can crunch no more, so people jumped like lemmings at their SELL SELL SELL order...but look where their analysis of their own company most recently got them. It's all a bunch of crap!
The solar market will not do what any of these analysts are predicting; it seems as though they crunch these numbers to come up with arbitrary figures and then tell everyone to sell when they think they made enough money or want to buy the stock at a cheaper price. These guys should be arrested for price manipulation. I bet GS will buy up the stock on the cheap once it reaches their pre-set market price...thieves.
Personally, if I owned GS, I would keep my solar and sell my Goldman Sachs; at least this way you could sleep at night knowing your money was supporting an industry that was offering up a solution to some of the problems facing the world in relation to energy consumption instead of being part of the crowd of thieves and crooks all lining up in Washington to get a handout for their piss-poor analysis of their own company. If Michael Molner's advice was worth anything, he would have gone to his bosses a few months back and said, "hey guys, I think we're in trouble."
If I had more money, I would be buying more solar, wind, energy storage, energy efficiency, water purification, geothermal, hydrogen, electric motors, cellulosic ethanol, and transmission infrastructure.
Someone should monitor how long it takes Mr. Molnar to change his SELL to BUY and how much money he makes off of giving such piss-poor advice. I guess he figured if he was going broke, why shouldn't everyone else...misery loves company.
CRUNCH CRUNCH CRUNCH
Reply
Goldman Turns Cautious on Solar Sector [view article]
Get over it. I have been saying this for months. You guys didn't see the writing on the wall. So you can only blame yourselves. I mean really, were you guys expecting an upgrade? Get real. ReplyGoldman Turns Cautious on Solar Sector [view article]
goldman made some huge money in the last 24 hours. ReplyGoldman Turns Cautious on Solar Sector [view article]
Well, after reading some of the other comments, I see that I didn't have to make any comment. ReplyGoldman Turns Cautious on Solar Sector [view article]
Where was Molnar several months ago with his insight when everything used for his BASIS was already known??? And it's Goldman, yet!!!!Reply
Goldman Turns Cautious on Solar Sector [view article]
Ah, But Solar stocks are like the ethanol and LNG plays before ethanol.The Biggest problem with the Solars is the groupings as reflected by ETFs and other Green Baskets and/or indexes.
The Basket includes both junk and Great, when sold, its sold as 100 shares of each within that basket. Thats primarily the reason that I learned the hard way to wait until the Junk gets really reamed before buying those that have great earnings like TSL. Reply
Huneycutt
Goldman Turns Cautious on Solar Sector [view article]
Also, there should be some equivalent to Godwin's law for invoking comparisons to the Internet bubble. Call it Huneycutt's Law if you'd like!I've heard about a half-dozen comparisons to the Internet bubble in the last few weeks when there were very few commonalities. Ag stocks are not like Internet stocks. Solar stocks are not like Internet stocks. Precious metal stocks are not like Internet stocks. Commodities in general are a completely different beast than fly-by-night Internet companies. Reply
Huneycutt
Goldman Turns Cautious on Solar Sector [view article]
The problem with comparing solar with the Internet is that most of the solar companies actually have fairly significant earnings. Solar stocks are essentially commodity stocks. In periods of undersupply, they can thrive --- in oversupplied markets, margin pressure will undermine profits.A few of the overpriced solar companies are going to struggle more in the future, but I'm a bit skeptical as to the bearish outlook presented by Goldman Sachs. Reply
Goldman Turns Cautious on Solar Sector [view article]
at some point the fundamentals take over. fslr , ener, spwr, esp fslr are all over priced. only fslr is not a buy, buy all other solars. sol,ldk,csiq, stp. technically they look sick but i heard the debate, the u.s.will invest in solar big time. this is another negative article by savitz....never positive. can he research some investment themes for a change? ReplyGoldman Turns Cautious on Solar Sector [view article]
All I've read signifies that none of you remember the Bursting bubbles of the Internet, LNG, Housing, Ethanol or understand the Current Financial crisis.Hedge Fund redemptions are still ongoing. Mutual Fund redemptions are still ongoing. Mutual Funds especially rely on the ANALysis of those entities being booed for direction on what to buy/sell so they can have scapegoats after making the wrong decisions. Now that Solar is going the way of ethanol, all I see is sniveling. Take your cue from the activity in CLNE.
The Solar stocks are getting smashed, get over it.
The reality is that they have too many players, they spent their IPO or Contract money before it was even earned, elaborate expansion, etc. Where are they going to get financing from. WHY aren't the INSIDERS in these firms buying their own shares IF they are so cheap.
Trina Solar has a PE of 7, How much further down do the rest of these highly speculative investments have to go down before they have PEs that are similar.
I'll will not even bother to look closely at FSLR until it approaches $60.
I would hazard a guess that all of you hold these shares but none of you are willing to buy more. And if none of you are willing to buy more, Why are you still holding them?
Protect your holdings, buy insurance. Reply
Goldman Turns Cautious on Solar Sector [view article]
i think every person that work's for, or has worked at goldman should be thrown in jail,,paulson and cramer at the top of the list Reply