imuni4fun

Solarfun Down Despite Reporting a Strong Quarter

Actually, Q-Cells is one of several huge contracts. Don't forget Martifer (30MW) and Schuco (47MW) in addition to Q-Cells (100MW) for 2009. That's 177MW of 360MW = 50% in just those 3.

They are working wafer capacity... that's why they purchased Jiangsu Yangguang. It will be ramped to initially cover 20% of their supply and eventually provide 40% of the needed wafers. This is how they will see a doubling of margin (increase of 5%), by Q4 i believe.

As stated in the conference call, the investment was made in increasing module processing because the return per unit investment was very high. It takes more time and money to develop the wafer equipment and process.

Solar Cycles and Stocks: The Sun Also Rises

Call me crazy User 10755, but isn't STP Chinese? If you are referring to companies selling in the US, Trina and Solarfun are also involved here... and I would imagine Canadian is as well.

A Look at Four Polysilicon-Based PV Manufacturers' Funding

Personally, I was not bothered by the share dilution of CSIQ and TSL. Since financing seems to be the only problem analysts point at when warning about these companies, I would just assume take a small dilution hit (when compared to the growth potential) so that the analysts can't say these things anymore. If the fears are abated, this sector would be much healthier and would grow much faster. Those P/E's would approach more reasonable levels :)

Long TSL, SOLF
Long Calls on TSL, SOLF, CSIQ