Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: paulelgin who wrote (46810)	2/29/2012 11:57:08 PM
From: Jurgis Bekepuris	of 78670

FSLR - Well, it's losing money and it's not clear that will turn around soon. OCF is negative, FCF is horribly negative. Maybe they can stop cash bleeding by not spending on PPE, I don't know. P/S is around 1 if sales don't drop. P/B is 0.76. Book is about 3.6B. About 100M more cash than debt. About 850M A/R, 500M inventories. That's not good. Lots of stuff to write down if they don't come through. Macro-wise I am concerned about the glut of nat gas which is pushing electricity rates down. This might not be true in Europe, but Europe has its own issues. Overall, I'd say to buy FSLR, you have to believe in solar and you have to believe in the company. If solar and company turns up again, the stock will rocket back to $100+. If solar and/or company freezes, it could get worse. I think I will skip it for now. Keep us posted though.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next