RhodeIslandRed

6 Comments

    • LDK Solar: Material Discrepancies in Analyst Coverage/Media Reporting [view article]
      Alpha24seven: Who do you think you are? You are responsible in sending out unfounded lies all over Yahoo LDK's bulletin board about the severe damages of 15,000 ton raw silicon materials yesterday by using deliberately cooked up random translations to confuse people. Here are your posts:

      -- Apparently an article an article published in the Jiangxi Daily on February 25, the "snow disasters" damaged a material sum of "15,000 tons silicon material." In addition, LDK suffered "some machinery and equipment damage."


      messages.finance.yahoo...

      ============Alpha's posts below=================...

      Articel (sic) In Jiangxi Daily -- Damages from storm to equipment & Si inventory.
      No word on ANY of this from the company. Trying to track down exact article piece and have it translated myself.

      Not good...

      It was here and I can't get to it anymore. Write the editor and ask for it. This is what it said:

      February 25, Xinyu economic development machines roar. Due to snow and ice damage in the disaster caused by fire lines Concord Merlot food factory, Employees are cleaning up debris, electricity workers are hurrying to the installation of a new transformer. The snow disasters Xinyu City 258 enterprises disaster, the collapse area of 179,000 square meters plant, machinery and equipment damage Serious, direct economic losses of 120 million yuan. Xinyu City keep a close eye on industrial production for the first quarter of objectives, and effectively "powerful support, Motoc Oxfam properly, tasks unabated. "To strengthen the city's three technical transformation of the new steel,赛维*****LDK Solar 15,000 tons silicon material,***** Jiang Li Electrolytic nickel, and other key projects, key enterprises, scheduling, on-site production of enterprises in solving the various difficulties and problems. In Steel shortage of coal supply new circumstances, the leadership of the city of Pingxiang mine Jifu help solve the problem of coal supply;赛维 ******LDK plant damaged part of the company, some machinery and equipment damage,****** the city has set up a coordination group to be stationed in enterprise-site office To solve the raw materials, power supply, and many other acute and difficult problems. The work, providing strong security to ensure that the city
      Key enterprises demand.

      ----

      Has the company EVER mentioned 15,000 tons of silicon material damaged by the storm? I don't think so and one of you Sherlock Holmes longs needs to get on investigating this further.

      ======================... alpha's posts ================

      You should know it is illegal and wrong to spread the lies. I translated the whole news report in order to prove you are completely wrong. LDK does not even have 15,000 ton raw silicon on their site, how can this be true to begin with?

      The original Chinese report and its accurate translation can be found here:

      messages.finance.yahoo...


      Actually I don't want argue with a brazen liar like you at all. I am exposing what you have done to let people make their own judgment. Anyone who has any sense of right or wrong will simply skip whatever you write and move on. You are not worth even a single second of any decent people's time.
      Mar 05 02:04 PM
    • Beware of the Solar Stock Fad [view article]
      Mr. Nusbaum:

      Of course you are entitled to your opinion. But the timing of the article is quite suspicious. At least I myself suspect that you were trying to create additional fear regarding solar stocks before LDK's earning release. (The whole solar sector has crashed down a lot.)
      Mar 05 09:18 AM
    • LDK Solar: Material Discrepancies in Analyst Coverage/Media Reporting [view article]
      The way Barron's magazine allows Bill Alpert to write articles without any checks is another sign that the good old U. S. of A. is on a secular decline on every front. (For example, after the inventory audit report was released in December, Alpert had the audacity to write that the audit report is a kind of "self-acquittal&q... For heaven's sake, if Alpert has solid evidence that the audit conducted by two of the biggest accounting firms in the U.S. is falsified, Alpert should write an investigation report and ask FBI to close the two firms. Alpert will definitely get a Pulitzer prize. But no, he is satisfied to write the accusations again and again in a "small format" and continues to "imply" LDK management is not trustworthy.)

      One cannot help but wonders how a "model democracy" and a country proud of her "rule of the law" can continue to function with this kind of brazen manipulations without any checks. The SEC and the FBI simply let the Barron's run free, maybe only because LDK Solar is a "Chinese" company? Or is it jealousy because LDK Solar will become a dominant upstream player in the photo-voltaic industry once the new polysilicon plants are completed? Answers to these conjectures are not important. The attitude and lack of legal actions to curb the bad elements are the most serious and important questions American citizens must ask themselves.

      "You say American Government does not follow the rule of the law? No way! I don't believe it" will be the knee-jerk reaction of the majority of Americans, at least for the next few years. Only time will tell whether this chauvinistic ignorance will drive this great country to become a place not really much better off than a country like Argentina or Brazil.
      Mar 05 08:01 AM
    • Asensio Still Skeptical About LDK Solar [view article]
      Sorry the above link to the Chinese news report was incomplete. Here is the correct link:

      www.jx.xinhua.org/news...
      Mar 04 09:42 PM
    • Asensio Still Skeptical About LDK Solar [view article]
      Yes, I also want to second the keen observations by conors and TommyC. LDK does not have 15,000 ton raw materials, how can they be damaged? Gutowski must make corrections and an apology immediately. A demoncratic society simply cannot function properly if this kind of manipulation is allowed to continue without any checks. Mar 04 09:31 PM
    • Asensio Still Skeptical About LDK Solar [view article]
      Here is the link and a complete English translation of the original news report in Chinese. This is not the type of elegant translation, but I have made all efforts in providing an honest and faithful translation. Unlike the author of this article who tries to spread totally untrue lies, readers can get the information yourselves:




      = The complete translation of the original Chinese source:

      big5.xinhuanet.com/gat.......

      ======================...
      February 25, Xinyu's economic development district was inundated with the humming sound of machinery all around. Due to the recent snow and ice storm, electric power lines were damaged by ice in the area. Kang-Le-Mei, a food factory suffered fire damages during the storm. Workers of the company were clearing the sites, electric utility workers were installing new transformers nearby.

      The snow and ice storm brought damage to 258 companies in the city. Total 179,000 square meters of the factory buildings were damaged due to some forms of structure collapse, which resulted in a loss of 120 million (Renminbi). Xinyu City is concentrating on keeping the industrial production target set for the first quarter (2008), and striving to achieve the goal of "Forceful protection, adequate remedial measure, and on-target achievement." The city is strengthening the resources allocation in order to secure the support for major industrial projects such as Xin-Steel Corporation's third-phase technology upgrade, LDK Solar 15,000-ton polysilicon plant, and Jiang-Li's Electrolytic Nickel plant. The effort is to make sure the problems encountered in each company's manufacturing can be resolved on the spot. When the problem of coal supply for Xin-Steel Corp. surfaced during the storm, the city government immediately dispatched a team to seek emergency delivery from Pinxiang Coal Mine Company directly. LDK Solar Co. suffered some damages in its factory buildings and mechanical equipments, the city immediately dispatched a task force to the site so that all emergency resources/supplies requirements and electricity supply issues were resolved. Due to the effective measures undertaken by the city's emergency management teams, the electric power supply and rescue work were able to securely protect all the major industrial companies' need for electric power.

      ======================...

      Note: Once you have read the article, you immediately understand that nothing in it implied any damage to LDK's 15,000-ton plant, let alone the 15,000 ton silicon raw material! In fact, the plant was still in the building construction phase, I cannot imagine any substantial damage at all. But we must congratulate Gutowski for his effort in spreading the rumor. What a genius! Even if you make money by doing this, how are you able to really enjoy your dirty bucks?
      Mar 04 09:26 PM
Contribute an Article Become a Seeking Alpha Contributor

Trading Center