בס״ד

BLACKOUT! Solar Panels Fail, Stocks Plunge (FSLR)

Posted on September 12, 2022

Here in the Holy Land of Israel we have a problem.

Essentially, we have a bunch of nutbars running the country, who don’t have any feeling for kedusha, not to mention any fear of G-d.

It’s a big problem.

And not only for us.

Because when Jews don’t submit themselves entirely to the will of Hashem – when they decide according to their own calculations what’s best and what’s true and what’s appropriate – not only do they themselves suffer, but they bring ruin to the world at large.

Why?

Because the world is a spiritual entity, created by the Al-mighty, and it runs according to His spiritual rules.

Jews have a special obligation, therefore – a chosen obligation, you might say – to adhere to those rules and to encourage others to do the same.

So if you want the world to get out of the mess it’s currently sliding into, and to thrive in every conceivable manner…

Encourage the Jew to do his part.

To be a Jew.

With all his heart, soul and might.

The way G-d intended.

Because nothing else will save us.

Or Solar Panels…

Our trade today uses First Solar (NASDAQ:FSLR) as underlying, because photovoltaic, cadmium telluride solar module technology should always create more problems than it solves.

Oh?

You hadn’t heard about the toxic chemicals in solar panels?

The electromagnetic radiation that issues therefrom?

The silicon dust?

No matter, friends.

We’re talking investments today.

Money, Money, Money!

Stock in First Solar soared recently after tax credits and other benefits from last month’s Inflation Reduction Act gave the company incentive to invest in new capacity.

And that’s precisely what First Solar immediately announced.

In a move it knew would send the stock flying, the company publicized its intention to build a new plant in the U.S. for $1 billion.

But it went too far…

And now, fundamentally, FSLR’s shares –

  • Sport a P/E of 76.95 (gasp!),
  • Offer no dividend,
  • Carry a P/B of 2.46,
  • Are expected to LOSE money next quarter (analysts are projecting an EPS of –$0.24),
  • Posted sales growth of just 0.10% per year over the last five years, and
  • A Q/Q EPS LOSS of 32.50% in its latest earnings report.

O.K., not so great.

So, what about the chart?

Faith and trust in the Holy One of Israel, good Jews and Noahides.

It’s all we have.

With kind regards,

Hugh L. O’Haynew

 

Leave a Reply

Your email address will not be published.