Talk:LDK Solar Co

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Shoot... Ok, I'm new to Wikipedia editing, and I'm just trying to put a page together.

As for Copyright, the original commentary is at my own blog (americansolareconomy.blogspot.com). I've added the appropriate gnu license comment to that original source.

As for external links, these links are an organized reference to important news articles relevant to the current situation at LDK. They are from legit sources.

"As for external links ... " What up there wasn't any. Added a link to the NYSE Directory for LDK. Was thinking about doing a nice major edit on this page. Would anyone object? I hold a long position in LDK. Kencrocken (talk) 04:41, 24 February 2008 (UTC)

Going to delete the phrase "The company claims that they would be able to use that material once they got the technology together to do so." Located in the Invtry Descrep. section at the end. Seems loaded, implies they were not able to use the material when I could not find a cite with that claim. --Kencrocken (talk) 08:54, 24 February 2008 (UTC)

Delete - They've reiterated several times that they expect the audit results to be in line with prior financial statements. Since the audit did come back clear.--Kencrocken (talk) 09:31, 24 February 2008 (UTC)

Not sure what to do with these:

• Note: Soon after the news broke, LDK raised their guidance on 3rd quarter earnings, and announced over $1 Billion in new contracts with several Chinese solar Panel manufacturers.

• Note: LDK manufactures solar wafers, which are basically the little squares of doped silicon that get put together down the line into solar panels. They are the largest equipment buyer from GT Solar, they have dealings with Sunways AG of Germany, MEMC of the US, Chuan-Yi of Taiwan, among others.

• Note: LDK is in IPO lock-in until November 29. There are 17 Million shares available to be traded, but the stock is on the Naked Short Threshold list, so this value is not accurate; there's no telling how many vaporware shares are in circulation. As of last posting, Shortsqeeze.com listed 7.8 Million shares short. What this points to in terms of a potential short squeeze is not certain.

• Note: Accounts suggest that LDK is receiving high levels of support from the Chinese Government as it is in a critical energy production niche. The Government is footing the bill for infrastructure needs, as well as providing tax benefits.

If I dig, I probably will find some cites, in the mean time I was going to put these here.--Kencrocken (talk) 09:34, 24 February 2008 (UTC)

Edited:

Barron's and the WSJ came out with negative articles on the company and Goldman Sachs put a sell rating on the stock. A former Financial Controller claimed that they were not properly writing off inventory of silicon scrap that could not be used for production.[3]

The company has frustrated investors by saying less than investors would like, and in this uncertainty the stock price has been a short seller's dream. However, the company has done an internal audit of their inventory, they've had an external audit done by their main auditor (KPMG), and have announced that "The Audit Committee expects to be able to report the findings from the investigation in early December and the Company would be able to report earnings for the third quarter shortly thereafter." Barron's and the WSJ came out with negative articles on the company and Goldman Sachs put a sell rating on the stock. A former Financial Controller claimed that they were not properly writing off inventory of silicon scrap that could not be used for production.[3]

The company has frustrated investors by saying less than investors would like, and in this uncertainty the stock price has been a short seller's dream. However, the company has done an internal audit of their inventory, they've had an external audit done by their main auditor (KPMG), and have announced that "The Audit Committee expects to be able to report the findings from the investigation in early December and the Company would be able to report earnings for the third quarter shortly thereafter."

LDK was cleared by the independent audit. [4]

Goldman Sachs has since upgraded LDK to "neutral" and has removed it from the "conviction sell" list.[5]

To:

A former Financial Controller claimed that LDK was not properly writing off inventory of silicon scrap that could not be used for production. The company announced it had done an internal audit of their inventory, and an external audit done by their main auditor (KPMG).

LDK was cleared by the independent audit. Goldman Sachs has since upgraded LDK to "neutral" and has removed it from the "conviction sell" list.--Kencrocken (talk) 10:02, 24 February 2008 (UTC)