tag:blogger.com,1999:blog-4815867514277794362.post190689873644484566..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Trina Solar conference call notesJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4815867514277794362.post-38604393357051010792011-08-26T04:53:29.718+10:002011-08-26T04:53:29.718+10:00"If you owe the bank $100 that's your pro..."If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." - J. Paul GettyJhttps://www.blogger.com/profile/01207770466454843265noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-53573136556316676662011-08-25T16:53:21.202+10:002011-08-25T16:53:21.202+10:00Nemo Incognito answered the question for me.
John...Nemo Incognito answered the question for me.<br /><br />JohnJohn Hemptonhttps://www.blogger.com/profile/03766274392122783128noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-14074627656113547522011-08-25T16:43:47.085+10:002011-08-25T16:43:47.085+10:00Owen - run ovcv on the convert. Depending on recov...Owen - run ovcv on the convert. Depending on recovery and vol assumption I csnt get anything tighter than mid teens.Nemo Incognitohttps://www.blogger.com/profile/07345185457108156269noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-90474661619183459582011-08-25T16:16:11.565+10:002011-08-25T16:16:11.565+10:00Where did you get Trina's CDS quote? I can'...Where did you get Trina's CDS quote? I can't find it on Bloomberg.Owennoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-50101877604872831412011-08-25T09:47:06.513+10:002011-08-25T09:47:06.513+10:00You know, by the remote look of it, their entire f...You know, by the remote look of it, their entire fortune relies on the exact terms of their silicon purchase agreement. I don't quite get (their/your - got only one source here) story about contracting astonishing amounts of silicon purchase before any other plans could be laid up, but if that's the story, then their cash burn is fully a function of what exactly and at what price they got to get. Merely an expiring contract could make a perfect bull case.<br /><br />Tho admittedly I totally fail to get the basic underlying story - how could they have contracted overwhelming amounts of supplies to the point of betting their survival on it. Is polysicilon such a rare commodity you got to gewt out of your way to acquire?<br /><br />DmitryAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-3703254825348362322011-08-24T21:12:16.628+10:002011-08-24T21:12:16.628+10:00Not exactly identical, but Spanish wind generator ...Not exactly identical, but Spanish wind generator biggie Gamesa is on track to sell zero percent of its production inside its home country in 2011.<br /><br />A look at solar panel builder Solaria (SLR.MC at Yahoo) will give you a good idea of what that domestic market looks like.<br /><br />Recent regulations requiring new residential buildings to incorporate solar panels might have saved them - except 'new building' became an oxymoron.Charles Butlerhttps://www.blogger.com/profile/00486529931043507880noreply@blogger.com