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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: y2kate who wrote (86056)4/21/2024 1:00:59 PM
From: Tweets Boar Hog1 Recommendation

Recommended By
ajtj99

  Respond to of 97498
 
I don't follow WOLF or CSIQ. Are these favorites of yours?

Not really, don't own either one. Just following them at the moment.

Wolf considering the business they are in 'might' have the potential to become an investment to buy at some point and nurture over the longer term. Nividia after the 2000 top went basically sideways with an upward bias for 10 plus years. Then it really took off.

I like solar long term as a sector, pretty beat up right now. My longer term view on energy is that it is likely to get much more expensive than it is now, which would seem to help solar. The Cycles. There is another part of solar that is pretty important, battery storage. And maybe software that manages energy use, deciding when to store energy, when to use it, when to replace, etc. Tesla for one is into that.

I live up in the far north. Residential electricity is pretty pricey here, about 30 cents per kwh. Most of it is generated by liquid fuels, a little by coal. Natural gas not available. Not surprisingly really, a lot of PV solar has been installed up here. Small businesses awa residential. Our utility is fairly solar friendly. You can't make money off of it, but you can over a year drive your electricity costs to a very low value, if you install a large enough system. I drive a diesel PU, a 7.3 L Powerstroke. New ones do not get much better fuel economy really. I like my diesel PU, but when diesel heads towards 7 dollars a gallon, it really becomes noticeable when you fill up. About 200 dollars a tank. Retired so don't drive much anymore, maybe a tank a month.

I cranked all the numbers on solar. If you do most of the install yourself, pretty good payout. If you hire it done, not very good. It is not that difficult to install. Gets a bit more complicated if you install batt backup, off grid capability, and all that.

We have a special problem up north, heating needs during the winter season, the heavy part is November thru middle of March. Not much solar then. I burn quite a bit of firewood, which I cut myself. Some people buy it and think they are saving big, over burning diesel. They usually are not. Not much wind right where I am at, so wind power not much of an option either. In some places it is viable.

Tweets

Here is an Alaskan residential solar set up. Offgrid, this place is. Diesel gens in the winter.




To: y2kate who wrote (86056)4/22/2024 2:29:36 PM
From: Sultan1 Recommendation

Recommended By
y2kate

  Read Replies (1) | Respond to of 97498
 
Re. CSIQ, I don't follow charts, although to my regrets a lot of times i should have paid serious attention but as I posted previously re. CSIQ, there are reasons to look at them, fundamentally..

They have two segments that you can look up but here are some of the other numbers..

Marketcap is around $ 950 m .. (Shares are bouncing a bit from the bottom today)
Revenue run at annually is $ 7.6 B
shares outstanding is 64.7 m
EPS is $ 3.82
Book Value is $ 39.58
P/E Ratio is 3.9 x
Price / Sakes is 0.1

etc. These numbers are from their profile at my Broker's so I have not vetted them as of yet.. But compelling ratios there..

Besides, as I mentioned in previous post, per one of their news release, BlackRock is pumping $ 500 million for a 20% stake in one of their units.. The transaction is going through various regulatory reviews etc. so not yet a done deal..

CSIQ will report on May 9th

Disclaimer.. As of now, I have no position in CSIQ although I am watching them.. My only solar investment is in ENPH, which turned out to be one of my all time big win, saving my neck.. such as it is..

FWIW