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Aug
28
Filed Under (China, Solar, Stock Charts) by admin on 28-08-2008

LDK recent conference call saw earnings of 82 cents when consensus estimates were 42 cents. Revenues were 441.7 million, while estimates were 277 million. Guidance on revenue was also raised from 1.1 billion to 1.7 billion. The one downer of the conference was about margins. Margins were down from 27.7 percent to 25.4 percent. The main problem is the capability of LDK to produce more polysilicon which many companies have had troubling doing.

What is interesting here that has me favoring this stock is next quarters estimates are 41 cents. Therefore, even if LDK fails to improve on its 82 cents per share which is a big possibility, 41 cents is almost a given. Oh yea, LDK has some big big plans, check them out
here. If the plant is a success, this one will sky rocket.

BTW LDK’s chart is finally looking bullish as well
LDK

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