REC’s future looks to be less fragile – at first sight. But REC’s general problem is still there: the limited access to the largest photovoltaic market of the world, China, as the issues with the US are still unsolved and another potential trade war (Japan and South Korea) could emerge. This had led to management’s cash king philosophy. The Q2 figures were broadly in line with our expectations.
26 Jul 2019
Some right steps taken
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Some right steps taken
REC Silicon ASA (0FS8:LON) | 0 0 0.0% | Mkt Cap: 1,187m
- Published:
26 Jul 2019 -
Author:
Martin Schnee -
Pages:
3
REC’s future looks to be less fragile – at first sight. But REC’s general problem is still there: the limited access to the largest photovoltaic market of the world, China, as the issues with the US are still unsolved and another potential trade war (Japan and South Korea) could emerge. This had led to management’s cash king philosophy. The Q2 figures were broadly in line with our expectations.