haha，my SOLF estimates were perfect on mark

actual rev $171m vs 170m estimated, net income $15.3m vs $15m estimated,

unfortunately price already run up to 25... will yet to see market reaction, but my feeling is not much to go down, 28 will be a "fair" valuation so that EV/08 earning would be at 17 the same as peers,

will see,

next up, STP... I'm holding options for upside surprise,

next then, TSL, can it do 66 by then?

how fun!

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SOLF has a chance of hitting above 25 after ERhttp://web.wenxuecity.com/BBSView.php?SubID=finance&MsgID=1109220

it's Q4 earning was about the same as CSIQ, ($0.19 vs $0.20), rev $135m vs $128m,

CSIQ has about $43m jump on rev, let's assume SOLF doing less, say having a $35m jump as its own Q4 vs Q3 last year, rev will be $170m,

if there is no disporportional jump in op cost, net earning might hit 15m, in that case earning may hit $0.3 (CSIQ did $0.6 this Q1), then comparable valuation may lift SOLF to 25,

purely just a number exercise... not a recommendation,

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SOLF TSL are currently most undervalued solars http://web.wenxuecity.com/BBSView.php?SubID=finance&MsgID=1109292

JASO/SOL/YGE/CSIQ all have EV/08 earning at 18-20,

to trade on that valuation, with reasonable projection of SOLF/TSL's earning, my numbers show SOLF to be at 28, TSL at 66,

again, all number speculation, not basis to trade... but it would be interesting to look back to see if my forecast are ok once their ERs are out,