LDK Solar die Perle im Solar Geschäft

von André Rain
Donnerstag 23.08.2012, 21:55 Uhr Download -
+ LDK Solar - LDK - ISIN: US50183L1070

Börse: NYSE in USD / Kursstand: 1,42 $

Die LDK Solar Aktie pendelt sich seitwärts ein unterhalb des alten Allzeittiefs bei 1,54 $ ein, die Bewegung ist momentan noch eher als bärische Konsolidierung anstatt als Bodenbildung zu betrachten. Neue Shortpositionierungen werden bei einem Stunden- und Tagesschluss unterhalb von 1,26 $ interessant, dann drohen weitere Abgaben bis zunächst 0,95 - 0,99 $.

Erst ein Anstieg per Tagesschluss über 1,76 $ würde jetzt eine Erholung bis ca. 2,36 und ggf. 2,55 $ ermöglichen. Erst dann wäre die Aktie wieder interessant für spekulative Longpositionen.

Kursverlauf vom 12.04.2012 bis 23.08.2012  

http://www.godmode-trader.de/nachricht/...isch-SOLAR,a2906217,b2.html  

http://www.finanznachrichten.de/...ond-quarter-of-fiscal-2012-008.htm  

EK Quote halbiert, von 6,7 % auf nur noch 3,0%

bin mal gespannt, wie sich der chinesische Staat hier verhält...  

EK-Quote jetzt noch bei 0,8%

wird wohl bald ein negatives EK ausweisen  

Nächstes Ziel ist 5$, bei 12,75 habe ich 200 gekauft und bei 0,95 3000, somit bin ich bald im Plus und verkaufe ab 12,75€ ;)

 

China’s top ten solar firms accumulate 110 bln yuan debt

http://www.morningwhistle.com/html/2013/..._Industry_0106/216456.html

 

LDK Solar Co. Ltd., a China-based vertically integrated manufacturer of photovoltaic products, says it is once again in compliance with the New York Stock Exchange's (NYSE) continued listing requirement of a minimum average closing price of $1.00 per share over a consecutive 30-trading-day period.

On Nov. 16, 2012, the company was notified by the NYSE that the average price of its common stock had traded below a consecutive 30-trading-day average of $1.00 per share.

At the close of trading on Dec. 31, 2012, the average closing price of common stock for the previous 30 trading days was above $1.00 per share, LDK Solar reports. Accordingly, it has resumed compliance with all NYSE continued listing requirements.

http://solarindustrymag.com/e107_plugins/content/...php?content.11843

LDK Solar escapes delisting on NYSE

Struggling PV manufacturer LDK Solar has had its New York Stock Exchange NYSE delisting notice withdrawn, without opting for a reverse stock split, unlike competitor JA Solar.

Despite the well documented financial problems of LDK Solar, which had previously led to a delisting warning in November 2012, its minimum average closing price has risen above the US$1.00 per share for more than 30 consecutive trading days.

The company has also been active in selling stakes in the company and its subsidiaries to Chinese regional governments and offload debts from its balance sheet to support short-term liquidity and improve its stock price. 

Buoyed by a stock market recovery, which started at the end of the year, as well as further momentum built with a compromise on the US government budget and the US$2.5 billion PV project acquisition by MidAmerican from Sunpower, solar stocks rallied on the majority of stock markets around the world.

http://www.pv-tech.org/news/ldk_solar_escapes_delisting_on_nyse

 

LDK Solar erfüllt wieder Voraussetzungen zur Listung an der New Yorker Börse

Die LDK Solar Company Ltd. (Xinyu, China) berichtet, dass sie wieder die Voraussetzung zur Listung an der New Yorker Börse NYSE erfüllt. Dazu ist ein durchschnittlicher Aktienkurs von mindestens einem US-Dollar (0,76 Euro) in einer Zeitspanne von 30 Tagen erforderlich.

Börsen warnten drei große chinesische Photovoltaik-Hersteller

Am 16.11.2012 hatte die NYSE dem Photovoltaik-Unternehmen mitgeteilt, dass sein Kurs unter die Mindestgrenze gefallen sei. LDK war der dritte große chinesische Solar-Hersteller, der im Herbst 2012 eine solche Warnung erhalten hatte.

Am 03.01.2013 teilte die Börse LDK Solar mit, die Voraussetzungen würden wieder erfüllt. Seit dem 27.12.2012 erreicht auch die JA Solar Company Ltd. (Shanghai, China) wieder den Mindestkurs zur Listung an der Börse NASDAQ.

http://www.solarserver.de/solar-magazin/...der-new-yorker-boerse.html

 

http://www.bizjournals.com/sanfrancisco/news/2013/...good-graces.html

 

Warren Buffett is a legend in the investing world. A man who has built a fortune – at one point the world’s largest – from ‘value’ investing, he is now one of the most influential people on the planet.

The ‘Oracle of Omaha’ is followed devoutly by a loyal – and large – core of fans. As such when his MidAmerican Energy Holdings inked a ~$US2.5 billion deal with SunPower to buy the world’s largest solar power plant last week, it quickly was followed by a share price lift in not only SunPower, but also every major solar company publically listed in the US.

The deal represented just the latest in a series of recent forays into renewable energy by the Buffett-backed energy business.

Buffett interest

MidAmerican began investing in wind back in 2004 and is now America’s biggest wind power owner, with over 3,000 MW of generation and just shy of a third of its total generation capacity powered by wind. It has spent close to $5 billion in developing its portfolio.

In late 2011 it made a strong move into solar and since that time MidAmerican has acquired major stakes in the three largest solar plants in the US, including the world’s two largest. This includes its latest purchase – SunPower’s $2.5 billion 579 megawatt Antelope Valley Solar development – as well as ownership of First Solar’s $2 billion, 550 MW Topaz solar project and a 49 per cent stake in NRG Energy’s $1.8 billion, 290 MW Agua Caliente solar project.

All-up, its stakes in the projects are valued at around $5.4 billion and, come their completion by 2015, MidAmerican will have one of the largest renewable portfolios in the world.

Solar surge

Buffett’s multi-billion dollar deal with SunPower sees it acquire the project as well engage the solar group to design, install and construct the two plants on the site.

The news sent SunPower shares soaring 60 per cent in the three trading days following. But it also saw leading players in the sector – First Solar (up 16 per cent), Trina Solar (24 per cent), Suntech Power (29 per cent), LDK Solar (40 per cent) and Yingli Green Energy (27 per cent) – reclaim some of the heavy losses of last year.

It didn’t last of course, with all of these stocks coming back to earth overnight – SunPower lost 12 per cent, while First Solar, Trina and Yingli gave up around 5 per cent. LDK and Suntech, two of the most troubled in the sector, saw the relief rally crumble, retreating 12 and 20 per cent, respectively.

Had Buffett actually bought stock in SunPower – which is majority owned by French oil giant Total – then the rally would likely be ongoing. That he didn’t shows he understands where the value in the solar sector currently is: exclusively near the tail-end of the supply chain. It is not in the manufacture of solar panels, at least not for a few years yet.

So while investors blindly chucked their money at anything that had ‘solar’ in its name, they didn’t stop to think about the reasoning behind MidAmerican’s move.

The story isn’t that the world’s greatest investor sees value in solar generally, it’s that he sees value in solar plants. There is a difference, one the biggest US player – First Solar – has noted.

In late 2011, around the time of its deal with Buffett, First Solar took stock of the short to medium-term future for solar manufacturing and didn’t like how it looked. As a result it shifted its focus to the design and construction of utility-scale solar developments.

Since then it has seen its share price rise, on the back of MidAmerican’s investment, slump on soft results and general solar sector weakness and rise since the middle of last year as its strategy steadily began to bear fruit. It has risen from just above $11 in June to over $30 today. A long way off the heady days of 2008, when it cleared $300, but an improvement nonetheless.

And while First Solar and SunPower look to make money from the engineering side of large-scale developments, Buffett is keen to profit from the ownership of such projects. Together both parties stand to benefit. As for those exclusively focussed on making solar panels, red ink is likely to mar the balance sheet for some time yet.

http://www.climatespectator.com.au/commentary/buffetts-solar-advance

 

Breiter Sell Off bei Suntech Power und LDK Solar – leichter Rebound steht an

New York 08.01.13 - Die Aktien der chinesischen Solarproduzenten mussten im gestrigen Handel kräftig Federn lassen. Tiefrot schlossen die Aktien von Suntech Power und LDK Solar. Bereits heute könnte die Korrektur aber wieder vorbei sein.

Die chinesischen Solaraktien gehörten gestern zu den größten Verlierern an der New Yorker Börse. Schaut man sich allerdings die Performance der vergangenen vier Wochen an, dann dürfte der gestrige Kursrutsch allerdings nur eine wichtige Korrektur sein. Schließlich kletterten Yingli Green Energy seit dem 10.12. um 46,6 Prozent, Suntech Power verbesserten sich, trotz dem gestrigen Verlust von 20,9 Prozent, um 66,7 Prozent, Trina Solar schafften ein Plus von 52,0 Prozent, LDK Solar verteuerten sich um beeindruckende 90,0 Prozent und haben damit das drohende Delisting abgewendet. Ebenfalls gut zulegen konnten JinkoSolar und JA Solar mit einem Zuwachs von 42,1 Prozent bzw. 36,2 Prozent.

Heute könnte es wieder aufwärts gehen, da Yingli Green Energy ankündigte, die eigenen Absatzprognosen für das Jahr 2012 übertroffen zu haben. Bisher wollte das Unternehmen Solarprodukte mit einer Gesamtkapazität von 2,1 bis 2,2 GW absetzen, nur werden es mehr als 2,2 GW.

Die Aktie von Yingli Green Energy notiert vorbörslich 3,1 Prozent fester bei 2,69 USD. Auch Suntech Power bewegen sich aktuell leicht nach oben, um 4,7 Prozent auf 1,55 USD und LDK Solar legen mit 2,1 Prozent im Plus.
 

http://www.wallstreet-online.de/nachricht/...k-solar-leichter-rebound

 

1.98 0.08(4.21%)

 

http://www.sbwire.com/press-releases/...reports-watch-list-194837.htm

Top Winners Of The day – Solar Sector Sudden Buying: LDK Solar Co., Ltd (ADR)(NYSE:LDK)

The solar sector’s rally has not yet over as the entire sector got a sudden rally in the past one hour after a gap down in today’s session. The sector had an amazing recovery past week on news that Buffet reportedly raised his investments in some solar energy socks and that had an immediate impact on the stocks in the sector.

Today, China plans to more than double its installed capacity for solar electricity this year, a move that could breathe new life into Chinese solar manufacturers suffering heavy losses.

However, in yesterday’s session the sector fell on profit booking and investors thought the rally is over especially after today’s gap down. But, they were wrong. Some prominent winners in today’s session include LDK Solar Co., Ltd (ADR)(NYSE:LDK) soared 12.60%, recovering about 24.50% from session low of $1.72...............etc.

http://vb-news.net/2013/01/08/...-buying-ldk-solar-co-ltd-adrnyseldk/

 

Chinese solar stocks led the first advance in the benchmark index of U.S.-traded shares this week on prospects domestic demand for alternative energy will rise after the government increased capacity targets.

The Bloomberg China-US Equity Index (CH55BN) of the most-traded Chinese shares in the U.S. rallied 1.1 percent to 100.66 by 12:31 p.m. in New York, paring a 2.1 percent drop over the previous two days. Trina Solar Ltd. (TSL), the nation’s third-biggest maker of solar panels, jumped to the highest level in more than five months, while LDK Solar Co. (LDK), the second-largest manufacturer of wafers globally, surged to a June high. Semiconductor Manufacturing International Corp. (981) jumped 11 percent after JPMorgan Chase & Co. lifted the circuit foundry’s price target.

China, the world’s biggest supplier of solar power panels, plans to add 10 gigawatts of solar power capacity this year, more than double its current level, the National Energy Administration said in a statement on its website Jan. 8. LDK and Trina are the biggest gainers on the China-US gauge this year, after the government approved subsidies for rooftop solar installations Jan. 4, and initiated a second round of assistance to more than 100 solar developers last month.

“China is looking over the long term to move toward cleaner energy sources and to make their economic growth less energy dependent,” Charlie Awdry, a portfolio manager for Henderson Global Investors Ltd.’s 500 million pound ($801 million) China Opportunities Fund, said by phone yesterday from London. “The Chinese economy appears to be growing a little more robustly than it was in the middle of 2012 and that has caused some investors to feel more comfortable in China and put some money in.”

ETF Rebounds

Henderson’s China fund has returned 4.8 percent over the past month, when it beat 89 percent of its peers, according to data compiled by Bloomberg. The fund’s 8.2 percent return over the past year was beaten by 99 percent of its peers, the data show.

The iShares FTSE China 25 Index Fund, the largest Chinese exchange-traded fund in the U.S., gained 1.4 percent to $41.13 in its first advance in three days. The Standard & Poor’s 500 Index (SPX) climbed 0.3 percent to 1,462.06 amid investor optimism over fourth-quarter U.S. corporate earnings.

The Shanghai Composite Index (SHCOMP) of domestic shares was little changed at 2,275.34 yesterday, while the Hang Seng China Enterprises Index (HSCEI) advanced 0.9 percent to 11,817.77, the biggest gain in a week.

http://www.bloomberg.com/news/2013-01-09/...oals-china-overnight.html

 

There is no stopping for Solar stocks’ rally as the entire sector continued to moved up in Wednesday’s session after a Chinese government official states the country wants to add 10GW of solar capacity this year, after growing its base by 4GW in 2012 to 7GW. However, skepticism exists about the government’s ability to achieve this goal, given financing challenges. Last month, the government announced it wanted to encourage solar M&A activity and reduce its support for the industry.

LDK Solar Co., Ltd (ADR)(NYSE:LDK) shares soared 7..77% to $2.22. The stock has almost doubled in the past two weeks. Suntech Power Holdings Co., Ltd. (ADR)(NYSE:STP) is up 10.20% on hefty volume of 11.53 million shares – 3X its average volume. SOL is up 80% since late September.

Trina Solar Limited (ADR)(NYSE:TSL) also gained momentum and climbed up 12.50% to $5.85, extending its monthly rally to $85.

JA Solar Holdings Co., Ltd. (ADR)(NASDAQ:JASO) rose 6% at $5.45, ReneSola Ltd. (ADR)(NYSE:SOL) surged 6.35% and Canadian Solar Inc.(NASDAQ:CSIQ) is the biggest gainer and skyrocketed 16%.

However, is the latest news announced by a Chinese government is positive for the entire sector? This morning analyst at Nomura commented that the stated target set by the country is not easy to meet , but they do note that China has multiple plans underway to boost installations, including the Golden Sun projects approved for the first half of this year and the massive amounts of government cash going to the sector. China has also introduced subsidies for rooftop solar projects.

Still, the analysts worry that the solar stocks have moved too far, too fast. The Market Vectors Solar Energy, for instance, has gained 34% during the past month, while the individual stocks listed above have gained from 58% (Jinko) to as much as 98% (Suntech). In fact they do not see profitability for the sector yet and are in the process of reviewing their estimates.

http://vb-news.net/2013/01/09/...g-again-ldk-solar-co-ltd-adrnyseldk/

 

Developers are expected to install about 3.5 gigawatts of solar power in the Middle East and North Africa in 2015, up from 149 megawatts that will be installed this year, driven by government support across the region and booming growth in Saudi Arabia and Turkey, according to GTM Research.

Demand for photovoltaic and solar-thermal systems will grow slowly and then skyrocket in 2015 when “the large bulk” of projects from a Saudi program will go into operation, Scott Burger, an analyst with the Boston-based research company, said today in an interview.

Saudi Arabia will account for a third of the region’s demand in 2015 and Turkey about a quarter, according to GTM’s Middle East and North Africa Solar Market Outlook report released yesterday. Solar manufacturers including Suntech Power Holdings Co. (STP) and LDK Solar Co. are seeking new markets as sales slowed in Europe and a global glut drove prices down 61 percent in the past two years.

Panel makers are “desperate for demand anywhere they can get it,” said Burger. “When Saudi Arabia says that they’re going to install a lot, they get really excited,” he said.

The country won’t deliver significant solar sales for a few years, he said. “Realistically, we’re not going to see any significant demand until 2015 at the earliest.”

Saudi Arabia

The government has set a goal of having 41 gigawatts of installed solar capacity by 2032, from nothing now. “Saudi Arabia will be the Saudi Arabia of solar energy,” according to the report.

Many governments in the region subsidize fossil fuels. For example, Saudi Arabia provides electricity producers with oil at about $5 a barrel, said Burger. That’s lower than the $93.35 price of crude for February delivery on the New York Mercantile Exchange at 1:48 p.m. today.

Solar can’t compete against such low-cost electricity, so policy is essential in most markets in the region, said Burger It also presents an opportunity. “They want to conserve the oil they burn for electricity” to sell on the international market, Burger said.

http://www.bloomberg.com/news/2013-01-11/...-5-gigawatts-by-2015.html

 

Sunways: China, bitte übernehmen Sie!

Beim Konstanzer Solarzellenhersteller Sunways hat der Hauptaktionär, die chinesische Firma LDK Solar, das Ruder übernommen. Das beflügelt die Fantasie der Anleger aufs Wildeste.....

http://boerse.ard.de/meldungen/...china-bitte-uebernehmen-sie100.html

Die Chinesen kommen

Bald dürfen die Chinesen ihr Geld im Ausland investieren. Das Vermögen beträgt knapp 2,5 Billionen Euro. Milliardeninvestitionen aus dem Reich der Mitte könnten die Aktienmärkte kräftig durcheinanderwirbeln.........

http://www.handelsblatt.com/finanzen/...-chinesen-kommen/7625440.html

 

Solar energy shares mixed after analyst comments – SPWR, WFR, LDK

http://www.nismagazine.com/...r-analyst-comments-spwr-wfr-ldk/121390/

 

http://www.marketwire.com/press-release/...bedford-report-1748171.htm

 

Miami, FL - January 23, 2013 (www.investorideas.com newswire) EmergingGrowth.com, a leading digital financial media company, Reports on LDK Solar (NYSE: LDK). Discussion also includes MEMC Electronic Material (NYSE: WFR), Yingli Green Energy (NYSE: YGE) and JA Solar (NASDAQ: JASO).

After some brutal years, the solar power industry seems set for a rebound. Since the start of 2013, this entire sector has been going through a rally. One company in particular, LDK Solar Corporation (NYSE: LDK), is particularly attractive for investors looking to move into solar.

The last few years have not been kind to the solar power industry. This industry has a high Beta so market downturns like the past recession take a bigger hit on share prices. In addition, the recession caused oil prices to go down which cut into the margins of solar power companies. Lastly, the price of solar panels fell significantly which forced companies to mark down their inventories.

Altogether, these events decimated solar stocks. LDK lost about 96% of its value over the past five years. Competitors like MEMC Electronic Material (NYSE: WFR) and Yingli Green Energy Holding Corporation (NYSE: YGE) had similar collapses.

However, China is bringing the industry back to life. Over 2012, China nearly doubled its production of solar energy. By the end of 2013, China has the even more ambitious goal of increasing solar capacity from 7GW to 17GW.

This is going to be a huge boost to the demand for solar panels and the market had a big positive response to this news. Many companies saw their share prices go up including LDK, whose share price has nearly doubled since the start of the year. There's reason to be optimistic about more good news ahead.

China needs clean energy. Beijing recently made the news for setting record levels of pollution; the air was so bad, it was a health hazard to go outside. This can't keep going on and China knows it needs sources of clean energy like solar power. Going forward, LDK should see further revenue growth form this increasing Chinese demand.

In addition, the World economy is improving. The high Beta that crushed solar stocks during the recession should lead to a big upswing as the market swings back up. LDK with a high market Beta of 3.37 should be particularly sensitive to market gains. Remember that this was a stock trading at nearly $50 in 2008. With a current market price of $2.04, LDK has a big upside if it can regain lost ground.

One last factor that can't be overlooked is that LDK is a Chinese company. If the leading buyer of solar panel is the Chinese government, what companies do you think they're going to support?

The solar industry is still weak and companies are recovering from badly damaged balance sheets. LDK holds barely over $100 million of cash compared to over $3 billion of debt and it has a soaring debt to equity ratio of 908. This dismal situation is fairly standard across the industry.

It's going to be tough for solar companies to get out of this mess and not all of them are going to survive. The Chinese government doesn't want one of its major employers to bankrupt though and has given multiple loans and other financial aid to LDK. Considering the political disaster of Solyndra, do you think an American firm like JA Solar Co. (NASDAQ: JASO) can count on similar support? It's doubtful.

LDK still have many problems and the path to success is going to be a long one. However, if LDK can hold on, this stock could turn out to be a huge winner over the next few years.

http://www.investorideas.com/news/2013/main/01233.asp

 

http://www.ibtimes.com/...-mgic-investment-berry-plastics-str-1032464