RENESOLA startet
ReneSola, a global technology provider of solar PV modules and wafers with 17 subsidiaries worldwide, has lined up plans to diversify and expand its product portfolio in the Indian market by end of 2013 by introducing products like micro inverters, string inverters, mounting structures, power storage systems, monitoring systems, LEDs and other green products. This will expand their reach to 10 categories and 1,000 catalogues by the end of 2014, Surendra Kumar Mishra, general manager of ReneSola India, said.
As of now, ReneSola India has sold around 110 mw modules in India out of a total of 1.5 gw installations, which include 5.5 mw project in Phalodi and Rajasthan by Solar Direct, 1.5 mw project in Gujarat by Sun Edison, and 54 mw project in Neemuch, MP, by Welspun......
http://www.mydigitalfc.com/news/...ia%E2%80%99s-solar-market-2020-352
Moin Leute,
lohnt es sich Renesola vor der Bekanntgabe der Q-Zahlen zu kaufen? Bin mir da gerade noch sehr unsicher.
Scheint doch etwas riskant vorher zu kaufen. Werde wohl auch lieber abwarten und sehen was Donnerstag passiert.
Kennt jemand die Uhrzeit, bei der die Zahlen veröffentlicht werden?
In der Regel kommen die immer so ca. 13.00 Uhr MEZ. Aber schau mal hier, rechts unten unter Events, muss selbst gleich mal schauen
http://www.google.com/finance?q=NYSE%3ASOL&ei=8OedUvLLIOmKwAOqkAE
...eben raus. Kann morgen Q3 einfach zu wenig einschätzen. Wahrscheinlich geht's jetzt rauf, und morgen wird ganz prima...:-)). Wie auch immer: Rene bleibt unter Beobachtung, kann mir sehr gut vorstellen, dass ich alsbald wieder dabei bin.
Viel Glück!
ReneSola has faced a particularly tough road even among China's solar companies, with big losses forcing the company to incur substantial debt and adding extra strain on its attempts to become profitable. Yet the company saw a big upsurge in revenue last quarter, joining Yingli and Trina in posting positive gross margins and taking an important step toward a sustainable financial future. Now, ReneSola needs to build on that momentum. Let's take an early look at what's been happening with ReneSola over the past quarter and what we're likely to see in its report.
Revenue Estimate $359.91 million
Change From Year-Ago Revenue 65%
In recent months, analysts have gotten much more optimistic about ReneSola earnings, narrowing their third-quarter-loss estimates by a dime per share and cutting full-year 2013 and 2014 loss projections by almost triple that amount. The stock has been volatile during the quarter, rising early but settling back to just a 1% gain since late August.
Most of the optimism about ReneSola came from its second-quarter report, in which the company reported a much narrower loss from the year-ago quarter on a 62% jump in sales. A combination of rising prices on its solar products and a 71% jump in wafer and module shipments helped lift the stock higher. Sales guidance for the third quarter also had investors celebrating, as it essentially left ReneSola sold out of 2013 production capacity and taking orders to fill next year.
Yet the need to raise cash because of its losses and its massive debt hurt ReneSola's stock. In September, the company raised about $70 million in a secondary stock offering, but it had to offer those shares at a 15% discount to the prevailing share price in order to get enough demand. Moreover, the offering included warrants that are exercisable at just above $6 per share, putting a potential ceiling on ReneSola's gains before dilution sets in.
The real benefit for ReneSola could come from improving conditions industrywide. With some companies finally starting to reach the brink of their financial viability, oversupply in the Chinese solar market appears likely to disappear in the near future. Trina Solar's balance sheet is arguably the healthiest of the three companies and thus could benefit most from better industry conditions, but ReneSola and Yingli could also soar if they can ride soaring demand toward eventual profitability.
Meanwhile, ReneSola has continued getting new supply orders. Last month, the company announced projects in Colorado, Texas, New Mexico, Georgia, and North Carolina, showing the extent to which the company is looking to the U.S. market for growth. Yet opportunities exist around the world for ReneSola to capture as well, with Trina and Yingli both looking at areas like Japan for potential gains.
In the ReneSola earnings report, look to see if the company provides a longer-term strategy for it to get out from under its debt. With such a high debt-equity ratio, ReneSola really needs a plan if it wants to put itself in the best possible position to beat out Trina Solar and Yingli Green Energy in the Chinese solar space.-.......
http://www.fool.com/investing/general/2013/12/03/...ngli-green-e.aspx