$Maxeon Solar Technologies (MAXN.US)$ good luck holders, the...
good luck holders, their fundamentals are awful, so don't hold long
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loozoo : what bout stop loss at entry price?
Boxman : 2.00 today !! Yay !
Tim Turok : What fundamentals are awful?
Tonyco OP Tim Turok : Revenue is down, cost of revenue is up, tax income is down (is what made them profitable) , they ROE is very low combined with turnover rates they having trouble collecting revenue
Tim Turok Tonyco OP : They had investment that is supposed to substantially fix all this.
乘風起扶搖上 : God, I have been following you and there is a timely notification of any stocks that will rise, thank you
Tim Turok Tim Turok : Also with the new factory being built it’s going to bring much more revenue than ever before.
Tonyco OP Tim Turok : They had to give up complete autonomy for it. Now they subsidiary. I did just learn about the factory, though, which is crucial for them on account of the IRA bennies. This will allow them to lower the cost of revenue AND boost their tax income back up.
The problem is time. With the bailout from $TCL Zhonghuan Renewable Energy Technology (002129.SZ)$ , they still only have 2.6yrs of runway.
The factory will be finished in 2025.
1313133 : Don’t behave like a Pro here , if you are that good you won’t be here![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Tim Turok Tonyco OP : Hence why I think they will be fine. A lot of people are here for the long run.
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