ezetrader's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/185504/comments http://seekingalpha.com/article/153983-three-short-ideas-pf-chang-s-palm-ldk-solar?source=feed#comment-616548 616548
On March 12,2009 LDK was at $4 with short interest about 11.5M, April 30 it was $8 when the short position was 12M. Today it is over $11 with a short position over 19M. Get the picture.

I am currently long LDK with some ultra dow puts.]]> Wed, 05 Aug 2009 13:00:12 -0400
On March 12,2009 LDK was at $4 with short interest about 11.5M, April 30 it was $8 when the short position was 12M. Today it is over $11 with a short position over 19M. Get the picture.

I am currently long LDK with some ultra dow puts.]]> http://seekingalpha.com/article/90677-ldk-solar-a-spark-of-light?source=feed#comment-229146 229146
They have backorders for over 12GW of wafers which is about $20 to $30 BILLION in revenue depending on ASP (currently at about $2.40/watt). Today they added another 300MW deal that included a cash downpayment.

From their conference call, I am guessing they will have 2008 EPS of about $3.50 which is about double what the analysts expect. This revenue is from wafer sales alone. They plan to increase wafer capacity from 1.2GW in 2008 to 2.2GW in 2009. Now consider that they expect gross margins to almost double when their in house poly in complete, you get forward EPS in the $10 to $15 range.

* Lowest cost producer in the industry
* Blow out earnings, 2 to 3 times estimates
* 12GW in backorders
* world's largest polysilicon plant on schedule
* Forward PE in the low single digits
* over 100% revenue growth per year
* a renewable energy market that is expected to explode for the next 10 years.
* A game plan that has customers financing expansion of their plants.
* CEO Ziaofeng Peng, China's Entrepreneur of the Year
* Short squeeze coming soon, short shares of more than 50% of available float

In my opinion, a grossly undervalued stock with huge growth and huge earnings.


]]> Wed, 13 Aug 2008 06:10:58 -0400
They have backorders for over 12GW of wafers which is about $20 to $30 BILLION in revenue depending on ASP (currently at about $2.40/watt). Today they added another 300MW deal that included a cash downpayment.

From their conference call, I am guessing they will have 2008 EPS of about $3.50 which is about double what the analysts expect. This revenue is from wafer sales alone. They plan to increase wafer capacity from 1.2GW in 2008 to 2.2GW in 2009. Now consider that they expect gross margins to almost double when their in house poly in complete, you get forward EPS in the $10 to $15 range.

* Lowest cost producer in the industry
* Blow out earnings, 2 to 3 times estimates
* 12GW in backorders
* world's largest polysilicon plant on schedule
* Forward PE in the low single digits
* over 100% revenue growth per year
* a renewable energy market that is expected to explode for the next 10 years.
* A game plan that has customers financing expansion of their plants.
* CEO Ziaofeng Peng, China's Entrepreneur of the Year
* Short squeeze coming soon, short shares of more than 50% of available float

In my opinion, a grossly undervalued stock with huge growth and huge earnings.


]]> http://seekingalpha.com/article/77503-closing-ldk-solar-keeping-trina?source=feed#comment-168538 168538
It is also interesting that GS still has a HOLD rating on LDK even though they are buying up shares.]]> Fri, 16 May 2008 00:09:00 -0400
It is also interesting that GS still has a HOLD rating on LDK even though they are buying up shares.]]> http://seekingalpha.com/article/76924-ldk-solar-earnings-and-the-dark-cloud-of-polysilicon-shortages?source=feed#comment-166567 166567
No matter what happens to the price of poly, LDK will be in the best position by having their own poly plant with low operating costs. They also have a huge investment in silicon inventory which will keep their costs stable for the next 2 quarters. Per the CC they have over 90% of their silicon needs on hand or under contract.]]> Mon, 12 May 2008 21:35:33 -0400
No matter what happens to the price of poly, LDK will be in the best position by having their own poly plant with low operating costs. They also have a huge investment in silicon inventory which will keep their costs stable for the next 2 quarters. Per the CC they have over 90% of their silicon needs on hand or under contract.]]> http://seekingalpha.com/article/74815-update-on-ldk-solar-applied-materials-thin-film-deal?source=feed#comment-159141 159141
Imagine what WS would be saying if LDK was taking on the thin film plant. The stock price would get killed in the short term. Thank you Mr Peng for keeping most of the risks away from LDK shareholders by keeping the new thin film plant a private company. If he had done that with the poly expansion LDK shares would be much much higher today.

I am long LDK.]]> Wed, 30 Apr 2008 05:28:30 -0400
Imagine what WS would be saying if LDK was taking on the thin film plant. The stock price would get killed in the short term. Thank you Mr Peng for keeping most of the risks away from LDK shareholders by keeping the new thin film plant a private company. If he had done that with the poly expansion LDK shares would be much much higher today.

I am long LDK.]]>