semi-guru

LDK Solar Lowers Sales Outlook, Delays Factory Plan

"The company also announced that it experienced a delay in ramping production at its 1,000 MT polysilicon plant due to issues in the final stages of plant commissioning."

Right from their PR. Just parsing words again, but they said it. As a long, I hate to admit it but this was expected by everyone (myself included) except the company itself. I don't think the headline is inflammatory at all, but the stock price took it in stride. Already priced in. I think LDK needed something like this to show that they're a normal company and not the angelic save-all for this global recession. They will only get stronger from here. The headlines can no longer beat down a beaten down stock.

Lets hope they learn a lesson about gaining a little better visibility into their business and coming to terms with the realities a bit sooner next time.

US has only been a few % of their revenues so don't expect some huge bump because of that. It should help increase market share in US but the real story is in china and asia, where the bigger market share and bigger stories are coming from.