I find it really interesting how you use "Sceptical Gates" to look past the high quality scores and address the volatility of a commodity player like First Solar. Do you think the recent shift to positive FCF is just a lucky peak in the cycle, or could their backlog discipline actually be a sign that they’re finally breaking away from the typical "boom and bust" nature of the solar sector? :)
I’ve subscribed and would be happy to support each other. We might not be in the exact same field, but I really like your analytical style—maybe you’ll find my content interesting too!
Thanks for your detailed response! I’m not an expert in the field of cyclical stocks, but from what I see in their backlog, I don’t think that they are getting stronger in them - they are getting weaker. You can see that from their Net DE-bookings - I think it’s not a sign anyone wants to see. Some of their expertise is valuable, but for me, they are just a commodity player. The positive shift to FCF could be a lucky thing (do bear in mind, in my software, it’s on a TTM basis, not annual).
Looking forward to any potential collaboration on an analysis of a company together or other support - DM me if you are interested. :)
I find it really interesting how you use "Sceptical Gates" to look past the high quality scores and address the volatility of a commodity player like First Solar. Do you think the recent shift to positive FCF is just a lucky peak in the cycle, or could their backlog discipline actually be a sign that they’re finally breaking away from the typical "boom and bust" nature of the solar sector? :)
I’ve subscribed and would be happy to support each other. We might not be in the exact same field, but I really like your analytical style—maybe you’ll find my content interesting too!
Jorrit
Thanks for your detailed response! I’m not an expert in the field of cyclical stocks, but from what I see in their backlog, I don’t think that they are getting stronger in them - they are getting weaker. You can see that from their Net DE-bookings - I think it’s not a sign anyone wants to see. Some of their expertise is valuable, but for me, they are just a commodity player. The positive shift to FCF could be a lucky thing (do bear in mind, in my software, it’s on a TTM basis, not annual).
Looking forward to any potential collaboration on an analysis of a company together or other support - DM me if you are interested. :)