Hi all, I've never posted my analysis about LONGi on this forum.
In the silicon ingots/wafers industry there is a king, and this king is LONGi. It is quite clearly a "monopoly" and has been controlling the MONO(pun-intended) capacity and since it becoming the maintream now and for the foreseaable 3 years, There is no signs of any significant competition coming in to challenge its dominance.
WIth continued further advancement and expansion of its capacity and continuous growth of the industry, it is clear the direction is up.
FInancials post healthy margins, cashflow, and very reasonable PE ratio.
Volatility in markets has created an excellent opportunity to trade a wonderful stock. Especially in times where funds are constantly pulling out during policy changes and fund repositioning. These creates perfect buy opportunities.
Look to trail profits when a higher high has made of 5.00, It seems that the change in structure is happening in this order of the trend. I found this is a good range of TP
In the silicon ingots/wafers industry there is a king, and this king is LONGi. It is quite clearly a "monopoly" and has been controlling the MONO(pun-intended) capacity and since it becoming the maintream now and for the foreseaable 3 years, There is no signs of any significant competition coming in to challenge its dominance.
WIth continued further advancement and expansion of its capacity and continuous growth of the industry, it is clear the direction is up.
FInancials post healthy margins, cashflow, and very reasonable PE ratio.
Volatility in markets has created an excellent opportunity to trade a wonderful stock. Especially in times where funds are constantly pulling out during policy changes and fund repositioning. These creates perfect buy opportunities.
Look to trail profits when a higher high has made of 5.00, It seems that the change in structure is happening in this order of the trend. I found this is a good range of TP