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5N Plus Inc T.VNP

Alternate Symbol(s):  FPLSF

5N Plus Inc. is a global producer of specialty semiconductors and performance materials. The Company deploys a range of technologies to develop and manufacture its products. The Company operates through two segments: Specialty Semiconductors and Performance Materials. Operating in North America and Europe, the Specialty Semiconductors segment manufactures and sells products used in several applications, such as renewable energy, space satellites and imaging. Its end markets include photovoltaics (terrestrial and spatial solar energy), medical imaging, infrared imaging, optoelectronics, and advanced electronics. The Performance Materials segment operates in North America, Europe and Asia and manufactures and sells products that are used in several applications in pharmaceutical and healthcare, and industrial. The main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial grade metals, alloys, and engineered powders.


TSX:VNP - Post by User

Bullboard Posts
Comment by SGordBon Jul 31, 2013 1:18pm
285 Views
Post# 21641753

RE:RE:earnings ok?

RE:RE:earnings ok?Disgusting lack of financial media coverage means VNP's misleading news release dominates people's impressions. I did manage to read that by the usual accounting methods, VNP missed by 6 cents (-1 cents vs +5, IIRC). So the market isn't happy for that reason, but also, I would think, because the adjusted EBIDTA, revenue and backlog continue to fall - not to mention that $10 million impairment fee because, if I read the release right, VNP is being punished by the market for recycling metals.  

I feel like a sucker because my solar investment is largely here and not in a company like First Solar which continues to soar while the company that provides its raw material appears to be getting peanuts for them and taking a hit as a result. 

I feel like an idiot - unable to reassess my investment in VNP (buy? sell?) - and there is virtually no media coverage of VNP to help me understand if that's just a feeling or a fact. 
Bullboard Posts