Mania. FSLR is trading at a PE of 200 and a forward PE of 133.
SOLF is trading at a forward PE of about 5. FSLR is widely covered with
lots of press while SOLF is just beginning to be found. 4 analysts cover
SOLF while 19 cover FSLR. I don't see negative news on FSLR but I would
suspect it's profit taking and if I were in it, I would be taking my money out
as well. If SOLF traded at a forward PE of 133, it would be at $913.00 a
share.
Bob
At 04:01 PM 12/28/2007, you wrote:
SOLF seems to acting OK.
But I was wondering what happened to First Solar FSLR. It had been the
solar leader but had a wild pullback just before the
close..
Ron
- ----- Original Message -----
- From: Michael V. AKA
Apprentice
- To: realtraders@yahoogroups.com
- Sent: Friday, December 28, 2007 5:33 AM
- Subject: Re: [RT] near a bottom/SOLF
- Hi !
- IMHO best source is Reuters, which gives 1.23 EPS for 2008.
- http://stocks.us.reuters.com/stocks/estimates.asp?symbol=SOLF.O
- Data on Zacks is of low quality, esp. for foreign stocks, I had some
e-mail discussion with their stuff when using their trial.
- Yahoo Finance in several last months also has problems with
correct data.
- Sincerely,
- Michael.
- BobsKC <bobskc@xxxxxxxxxnet> wrote:
- Dunno Ernie,
- The Yahoo site has always been dependable for me and the gross
numbers look right for the EPS figures. The Zack figures almost
appear to be for another equity or possibly terribly out of date.
The Yahoo site updated when SOLF destroyed the last quarter estimate so
I know they are updating.
- Bob
- At 11:26 PM 12/27/2007, you wrote:
- Hi; I copied the below from Zacks website and
it gives the below estimate for SOLF 2008 earnings .61 cents also my
Quotes Plus data says 1.23 for 12/2008 so the data seems to be all
over the place. Yahoo
- does give their estimate at $6.88. Which do we believe??
- It is interesting that there are so many different values
given.
- Just looking for opinions as I thought ZACKS was a reliable
source.
- Ernie
- ZACKS COMMENTARY FOR SOLF
- Dec 26, 2007 Zacks
Equity Research: Report for SOLF
- More
Commentaries
- EARNINGS ESTIMATES
- This Quarter
- 12/2007 Next Quarter
- 03/2008 This Year
- 12/2007 Next Year
- 12/2008
- Average Estimate 0.08 0.28 0.19 0.61
- Number of Estimates 1 1 2 2
- Low Estimates 0.08 0.28 0.18 0.58
- High Estimate 0.08 0.28 0.19 0.64
- Year Ago EPS 0.11 -0.01 0.48 0.19
- EPS Growth -27.27% 2900.00% -61.46% 229.73%
- ----- Original Message -----
- From: BobsKC
- To: realtraders@yahoogroups.com
- Sent: Thursday, December 27, 2007 5:05 PM
- Subject: Re: [RT] near a bottom/SOLF
- There are huge differences in these two stocks. CSUN is losing
money
- and has a fraction of the growth rate that SOLF does. The
consensus
- 2008 estimated earnings for CSUN is -.06 and the estimate for
SOLF is
- +6.87. CSUN is way over-priced while SOLF is trading at a
forward PE
- of less than 5. CSUN is headed for 10.00 and SOLF is headed for
- 100. One is a mania play and one is a sound, technical and
- fundamental choice.
- I wish everyone good trading in 2008
- Bob
- At 05:10 PM 12/27/2007, you wrote:
- >My thanks as well. Researching your SOLF suggestion I bumped
into
- >recommendations for CSUN which has taken also been
spectacular, up a
- >lot today in down market. Shares of Chinese-based solar cell
makers on
- >a tear this week after the Chinese government said it will
work to
- >promote use of alternative energy. But best be nimble, the
higher they
- >rise the bigger the fall.
- >
- >
- >
- >
- >Yahoo! Groups Links
- >
- >
- >
- Never miss a thing. Make
Yahoo your homepage.