braucht man einfach einen langen Atem und ein dickes Fell. Ich war mittlerweile knapp 35% im Minus und bin jetzt wieder nahe 0. Verkaufen werde ich so schnell aber nicht. Ich habe vor die Papiere (ebenso JKS) mindestens bis Anfang 2015 zu halten.
Analyst Josh Baribeau said, "Canadian Solar has a diversified project backlog, pipeline and experience delivering large-scale systems to customers. We expect this business to grow and allow the company to capture more value from system sales. We believe the company’s transition to project development and its earnings power is misunderstood by the Street, resulting in a discount valuation. As the company executes and continues to grow its bookings, we expect upside to numbers and/or multiple expansion in the shares."
"Recent growth in the solar markets have absorbed most of the excess capacity in cell/module production, raising utilization rates and improving gross margins in the space. We expect strong shipment growth from Canadian Solar’s module business which has shown a nice improvement in its results. While competitive pressures in the space, anti-free trade measures and upstream tightness could limit further upside in modules, we expect systems to continue outperforming," he added. http://www.streetinsider.com/Hot+New+Coverage/...+at+Buy/9631563.html
Kicky
: China Solarziele gekürzt wg Kreditproblemen ?
OTR Global reports the Chinese government is thinking of cutting its 2014 solar installation targets due to credit availability issues. The government previously set a 2014 installation target of 14GW (8GW distributed systems, 6GW utility). Deutsche has already expressed doubts about its feasibility following a soft Q1. Solar stocks are lower amid a market selloff: YGE -5.3%. CSIQ -4.7%. SCTY -3.5%. FSLR -3.5%. SPWR -3.2%. JKS -4.6%. HSOL -4.4%. SOL -3.5%. DQ -3.4%. CSUN -5%. TSL -2.7%. ENPH -3%. http://seekingalpha.com/news/...-thinking-of-cutting-targets?uprof=46
doch gestern noch geärgert :) Hälfte zu 22,465 verkauft und es ging glatt noch auf 23,68 Euro
Und wo stehen wir heute ? Solar wird doch mittlerweile nur noch von Zockern getrieben da wo die hin sollen, tief rot oder auch mal Mint Grün, nur noch zum kotzen dieser Solarschrott
We upgrade Canadian Solar to Outperform from Market Perform and maintain our $40 price target, based on our view that the current stock price gives little benefit for the cash-flow generation from the company's diverse project pipeline beyond the project buildout in Canada.
Within the China complex, we see Canadian Solar as having built one of the best global project-development businesses and pipelines, and markets such as Japan and China offer multiple opportunities to monetize this pipeline in the future. We also analyzed the value creation from the pipelines of other China-based companies and have come to the conclusion that current market prices are giving Trina Solar ( TSL ) the most benefit for its pipeline, followed by Yingli Green Energy Holding ( YGE ), JinkoSolar Holding ( JKS ), Canadian Solar and JA Solar Holding ( JASO ). We also urge investors to look beyond quarterly-earnings volatility, which is influenced by the exact timing of project sales and project-based revenue recognition, instead focusing on the cumulative cash-flow-generation potential from the project pipeline.
In terms of its pipeline, Canadian Solar provides the most detailed disclosure of all of the Chinese solar photovoltaic (PV) companies. Overall, the company has disclosed 1.2 gigawatts (GW) of late-stage pipeline and 3.2 GW of medium- and early-stage pipeline. Additionally, Canadian Solar, unlike most other Chinese solar PV companies, has a geographically diverse pipeline, with projects in China, Japan, Canada and the U.S. Despite this, we believe that the market is ascribing relatively little value to the company's total disclosed pipeline when compared with its peers. The implied multiple on project potential earnings before interest, taxes, depreciation and amortization (Ebitda) we estimate to be only 2.4 times, or about a 77% discount to what we believe to be the appropriate value of the projects should be.
We remain comfortable with the overall pipeline opportunity for Canadian Solar, and our focus remains on cumulative earnings-per-share and cash-flow generation. We are adjusting our 2014 and 2015 EPS estimates to $3.25 and $4.50, respectively, from $3.74 and $3.85, and are raising our 2016 EPS estimate to $3.00 from $2.25 to reflect higher project builds in both China and Japan.
...wird -lt.US-Yahoo- so ca. zwischen 04. und 08.August die Zahlen bringen. FSLR kommt auch so um diese Zeit, SPWR ist für den 31.07. angekündigt. Das könnte ein kleines Sommer-Feuerwerk geben. Beide, FSLR und SPWR, sind ebenfalls von J.P.Morgan, "hoch"gelobt worden (s.o.). Kann gut passieren, dass sich die drei gegenseitig hochschaukeln und damit eine positive Grundstimmung entsteht. Denke ein vorsichtiger Optimismus ist nicht unbegründet.
In 2013 Japan solidified its position as one of the biggest solar markets in the world, but foreign manufacturers face a number of challenges. Financiers and consumers tend to favor Japanese brands. In 2013 Canadian Solar (NASDAQ: CSIQ ) was the largest foreign solar brand with only 7% of the Japan PV module market. Now that foreign financial institutions like Deutsche Bank are making bigger inroads in Japan, it should be somewhat easier for foreign manufacturers to fight for the Japanese market......
It is not surprising that Japan is a significant portion of Canadian Solar's pipeline. In Q1 2014 its Japanese pipeline was 343 MW while its U.S. pipeline was only 151 MW. With Asia and other regions accounting for 50.4% of Q1 2014 revenue, Canadian Solar is one of the more focused Asian plays.
The growth of foreign capital in Japan is great news for Canadian Solar. It already has a presence in the market, and foreign capital will help Canadian Solar to sway consumers.
The macro situation Japan is still paying nosebleed prices for LNG. In March of this year, the Japanese government did cut its solar feed-in-tariff by 11%, but solar's fundamental economics have not changed. The simple reality is that solar energy lets Japan reduce its exposure to the global energy markets and Machiavellian geopolitics. With Asian geopolitics increasingly unstable, the Japanese government is unlikely to withdraw its support for solar anytime soon.....
GUELPH, Ontario, July 16, 2014 /PRNewswire/ --Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today released this statement
The largest bank in the US with $2.4 trillion in assets, JPMorgan Chase & Co. (JPM) updated a number of solar stocks – notably Canadian Solar Inc. (CSIQ), First Solar, Inc. (FSLR), and SolarCity Corp. (SCTY) – in its research report released yesterday, which indicated an expected upside for all solar stocks.
JPMorgan raised Canadian Solar’s target price from $41 to $43.5, an upside of 49.2% from the stock’s closing price yesterday.....
Canadian Solar is expected to post revenues of $2.77 billion, a year-over-year (YoY) increase of 67.8%. Gross margins are expected to rise to 17.5% from last year’s 16.7%. Net margins are also expected to rise to 6.6% from the 2.9% recorded in the same period last year, with net income rising to $184.5 million from $45.6 million.
Of the nine analysts covering the stock, seven rate it a Buy, one analyst rates it a Hold, and one is advising a Sell. Canadian Solar has been assigned a 12-month average target price of $42.4, giving a very impressive positive return potential of 45.6% from the stock’s last closing price of $29.15.
Diesmal kommt Canadian mit einem 100 MW-Auftrag inkl. EPC-Vertrag daher für den kanadischen Windpark "Grand Renewable Solar Project". Auftraggeber ist die kanadische CarbonFree Technology, die schon im Herbst dieses 100 MW große Solarkraftwerk in Ontario finanziert hat mit den Eigenkapitalgeber Connor, Clark & Lunn Infrastructure, Samsung Renewable Energy Inc. und Six Nations of the Grand River.
Schöne Meldung, klasse Auftrag, aber die Unsicherheiten sind im ganzen Sektor vorhanden. Vor allem weil es demnächst, heute oder morgen, zu den Dumpingzöllen in den USA kommt und wie die Aktien der China-Solaris darauf reagieren ist eigentlich überhaupt nicht einzuschätzen.
Großer Vorteil von Canadian zu den anderen China-Solaris wie Jinko ist z.B. der Fakt, dass Canadian vom chinesischen Solarmarkt nicht großartig abhängig ist und das ist derzeit ein großer Vorteil, da offenbar in China die Modulpreise am Purzeln sind. Desweiteren ist Canadian nicht allzu großartig in den Schwellenländern wie z.B. Chile oder Südafrika unterwegs wo es derzeit auch mit den Modulpreise deutlich runter geht. Zudem dürfte Canadian keine großartige Probleme bekommen schnell, flexibel und einigermaßen kostengünstig auf die US-Strafzölle reagieren zu können.
Ich bleibe vorerst hier noch drin, aber wenn mein Einstandskurs von 25,75 $ unterschritten wird bin ich raus.
Ist alles schon ein heißes Eisen mit den China-Solaris mit den Unsicherheiten von Strafzöllen (USA und Indien) und wenn es mit den Modulpreisen in China weiter so runter geht wie in den letzten 6 Monaten, dann wird es zu kräftigen Gewinnerwartungssenkungen seitens der Analysten bei vielen China-Solaris kommen. Es gibt ja schon Schätzungen, dass in China die Modulpreise unter 0,55 $/W fallen könnten. Mit Suntech und LDK sind zwei große China-Solaris seit Mai wieder auf der Bildfläche erschienen und das hat dann wohl auch ihre Auswirkungen im chinesischen Solarmarkt. So sieht es für mich aus. Zudem scheint sich bei JA Solar ein weitere Kapitalerhöhung anzubahnen.
Jedoch kann sich der Wind bekanntermaßen bei Solar sehr schnell drehen.
Preliminary anti-dumping duties as high as 165.04 percent for Chinese goods would come on top of anti-subsidy levies imposed last month...China's Trina Solar faces total import duties of nearly 30 percent and Suntech Power nearly 50 percent as a result of Friday's decision.
Taiwanese producers face anti-dumping duties of up to 44.18 percent, with the highest rate applying to Motech Industries , Commerce said. There will be no doubling-up of duties with those from the 2012 case.
bin hier zu Börsenbeginn auch mal rein und gleich legt die Aktie den Rückwärtsgang ein. Scheint nicht meine Glücksaktie zu sein. Naja, schau mer mal wie es bis zu den Zahlen weitergeht...
Fang Zheng"s Keywise Capital Management is a China-based hedge fund focused primarily on investing in companies from the Greater China Markets, such as Hong Kong, Shanghai, Taiwan and Singapore. Recently, the fund disclosed its long equity positions as of June 30 2014. By the end of the second quarter, the fund held an equity portfolio valued at almost half a billion dollars. Most of its stocks (85%) belong to the technology sector, while the remaining ones (15%) are services stocks.....
The fourth largest bet was placed on Canadian Solar Inc. (NASDAQ:CSIQ). The fund increased its exposure to the company by 731% over the quarter and now owns 1.98 million shares of Canadian Solar Inc. (NASDAQ:CSIQ), worth almost $62 million. Read more at http://www.insidermonkey.com/blog/...icks-324728/#GQOcxXpTQgcUYwpY.99
echt krass. Wenn das so weitergeht benötigt man zu den Zahlen einen Kurssprung von um die 20% um wenigstens wieder heil rauszukommen. Denke das könnte nun länger dauern bis wir wieder Kurse jenseits der 30$ sehen...