jbde

Two Calculated Risks Possibly Worth Taking

SHinthecity - should SH get some fresh air in the country!

LDK does not make solar cells, just wafers. One of their largest, if not their largest customer is SPWRA which makes the highest efficiency bifacial cells and is a power plant scale integrator also with a huge business in placing modules on warehouse and bib-box store rooftops.

The 'glut' of uninstalled modules will quickly be snapped-up by the large scale integrators - they are already pouncing! Some module makers are even buying competitors' products to meet commitments and to contract for more business.

LDK's 'rolling' pay-to-play contracts are gold: you have to take your order or loose your downpayment and your place in the queue for more.
In fact you pay full price on delivery and roll that downpayment for your next extension year.

I concur with the postive LDK analysis [hold stock and calls].

You have to look carefully at what the real float is. Just as many sites miss the fact the SOLF, for example, reports in RMB thus sites still give misleading PE ratios.