Sun, I'm thinking everything your thinking, but it's difficult to disregard a few of the quality China plays at such steep discounts.
I, for one, like DQ (not the Dairy Queen) as it's off by 2/3 from it's high a year ago. For me, during the holidays a month ago,
I was traversing S.Nevada. I could not believe the number & the huge sizes of the solar farms there, as in my solar pea brain,
I had only realized solar roof panels. With an increasingly efficient solar power industry and public acceptance I'm thinking
I like the play.
I do not like the Winter Olympics political game.. the disregard by a few of the Western nations to attend a major world sports
event, because its in China! The argument is tackier than sidewalk dog shit. But, I'm thinking if the world doesn't blow up
(screw Putin), then maybe there be a positive China play since XiJinping started gutting the Chinese ADRs a year or so ago.
I'm thinking he's on to an increasingly insular Chinese economy, but maybe the intended HongKong conversion, in such a short
time, will maybe too costly an endeavor and affect negatively China's GNP.
Daqo New Energy Corp. (DQ)
finance.yahoo.com
is a Shanghai listed business
current mkt cap of US$2.637B..
EBITDA US$996.05M
what's not to like? |
