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Daqo New Energy Corp ADR (DQ)

NYSE
Currency in USD
Disclaimer
18.72
-0.22(-1.16%)
Closed
After Hours
19.20+0.48(+2.56%)

DQ Comments

Q2 2024 in losses. Dividend for chinese shareholders of the chinese subsidiary, for Westerners with Chinese ADRs, neither $8.00 nor 8 cents, to eat their snot, capital retained to weather the storm on their behalf. Not investable. Polysilicon prices plummeted and they will go from 60,000 quarterly tons to 80,000 quarterly tons in Q3 and Q4 2024 with the 2nd plant in Mongolia. And so are all those producing polysilicon. What will polysilicon prices do ? Going down, even more, until they lose their shirts and stop allocating capital chinese mode. Take a look at the prices at bernreuter polysilicon price, google it. 6.0$ N type, 5.5 $ the P type. DQ will produce at an estimated cost of $6.25 per kg in Q2, $6.37 in Q1 2024. On the way to a loss at Q2 2024. And DQ is one of those with the greatest scale advantage. Tremendous purge in the sector, with storm in sight. We have polysilicon overcapacity, and a solar panel industry frozen by excess installed capacity that pulls down the costs of photovoltaic electricity, not easy storable, ...
I saw some investigations about the compagny : https://www.openpr.com/news/3235463/investigation-announced-for-investors-in-daqo-new-energy-corp
Can somebody tell me what is going on with this stock?
Disappointing earnings and revenue. New CEO named, cleared labor practice investigation, new plant now up to capacity. May enter a push to fair value now, worth a gamble?
yesterday lower is 42.080
Thank Sergei Lesli! You’re great!!! I bought 44,55 ))))
Buy, buy, buy!!!!
I listen to this information too. I buy today.
I know that the report will be very very great ))) Buy!
As they are the largest manufacturer of wafers required for solar panels and the world is transitioning to fossil free electricity generation, the future for this company looks very bright.
I dont understand this market, perhaps the only solar company making money and it falls 10%…
https://www.toxinwen.com/article/10226.html
https://www.bloomberg.com/news/articles/2022-09-22/eu-set-to-pave-way-for-565b-euro-overhaul-of-electricity-grid
Excellent article "Daqo New Energy: World Leader In Polysilicon Is An Attractive Buy" posted in Seeking Alpha today after market close today.
I bet all the money, chasing solar stocks that do not make even a dime, will come off quickly .... taking their windfall healthy profits this week, and will be betting on DQ going forward...watch it.
Solar energy play Daqo New Energy (DQ) is also in Warren Buffett's list of stocks purchased - news just released by IBD
DQ has 3 years to comply with US accounting. Foe fiscal year 2021 it did not. SInce then, it is working on complying. We need to watch what happens in early 2023. If they do not meet for fiscal year 2022, most probably DQ will volunterily leave by end of 2023 from the US exchanges.
Is it in the delisting list?
Is it in the delisting list?
Why is it dropping?
All the market drop
All the market drop :(
Xi turned chinese stocks into shi. !
It will be forgotten about in a few days
Fu chinese die all
run!
Like all chinese communistic sh..
$DQ I overpaid today , got busy for a moment in Am , not even braking even still ,LOL
Earning good!! Let*s see the jump..
when?????
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