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  • LDK Solar: Astounding Growth & Incredible Value [View article]
    LDK is dependent on its buyers coming through with cash. They have a quick ratio of <1, but debt/equity >1. Those ratios are fine for a booming growth company, but the credit crunch just went global. Therefore, risk of buyer cancellations arise. Although I have twice as much LDK stock as I do CSIQ, I think that CSIQ is safer. Cash flow from operations for both is almost identical. But CSIQ has a quick ratio of 1.6 and debt/equity of .29. It has the growth potential plus better ability to survive. LDK also lost its Chinese tax exempt status, so net income after taxes are set to drop. LDK is a great investment, but it's number 2.
    Oct 07 11:14 am |Rating: +1 0
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