Buy Solarworld stocks or not? Our future forecast 2022!

Christina Clarke
October 11, 2021
Where can you buy Solarworld stocks? Solarworld shares can be bought from any online broker. However, we recommend our test winner broker ETFinance. In our opinion, ETFinance is the absolute best stockbroker, as you can buy stocks and ETFs here completely free of charge.
Buy Solarworld stocks or not? Our future forecast 2021!

The latest information on the Solarworld share can be found on this page. Price, ratings, prospects, analysis, forecasts, recommendations, history & and how and where you can still buy Solarworld stocks online.

The dazzling entrepreneur Frank Asbeck, also known as the Sun King, founded Solarworld AG and floated it on the stock exchange in 1999. Solarworld started with the production of solar modules and solar cells at the Freiberg in Saxony and Arnstadt in Thuringia locations.

After initial highs, the company came under increasing pressure from Chinese competition and could no longer keep up with the dumping prices for solar modules. As early as 2013, the entire equity of the group was used up, and Solarworld was only able to save itself with a rigorous capital cut of 95 per cent.

In 2017 Solarworld then filed for bankruptcy, and all of the company’s assets were transferred to Solarworld Industries GmbH, which was founded in the same year. Only a year later, in March 2018, this also filed for bankruptcy. This ended both the production of solar cells in Arnstadt and the production of modules in Freiberg.

Table of Contents

Buying Solarworld shares – what should you watch out for?

You should pay attention to the following points when buying Solarworld shares:

  • Why should one invest in Solarworld shares? You should only invest in Solarworld stocks if you are an absolute gamer. There is a possibility that the company will continue at old rates and thus generate a large return.
  • Where can you buy Solarworld stocks? Solarworld shares can be bought from any online broker. However, we recommend our test winner broker ETFinance. In our opinion, ETFinance is the absolute best stockbroker, as you can buy stocks and ETFs here completely free of charge.
  • What can the future of Solarworld shares look like? Due to the very slight rise in prices in the last few months, we can wait and see what the future will look like. However, we are looking into a continued very low valuation of the shares.

Where and how to buy Solarworld stocks Best brokers in comparison:

Rating

Min. Deposit

Min. Spread

Assets

Views

Positive Reviews

Negative Reviews

Likes

4.9/5
250
0.07
  • Commodities
  • Forex 40 +
  • Metals
  • Stocks
  • Indices
  • Cryptocurrencies
85
2
4.5/5
250
0.07
  • Metals
  • Forex
  • Indices
  • Cryptocurrencies
  • Commodities
  • Stocks

 

254
82
3
58
4.9/5
250
0.07
  • Forex 40+
  • Metals
  • Commodities
  • Stocks
  • Indices
  • Cryptocurrencies

 

480
80
3
50

Buy Solarworld stocks or not Our future forecast 2021!

Buy Solarworld shares in 3 steps: Our guide

 Registration with a broker

In order to be able to buy the Solarworld shares, you first have to register with a broker. It is advisable to pay particular attention to deposit protection. Should the broker go bankrupt, the shares still belong to you. Anyone who waives this deposit protection will be left without shares in the event of the broker’s bankruptcy.

If stock selection and evaluation are too complicated, a social trading platform can also be a good solution. Here you simply follow an experienced trader and automatically copy the trader’s trading decisions.

Our broker recommendation at this point is ETFinance – with state-guaranteed deposit protection of up to 20,000 euros and 0% commission when buying shares, ETFinance is our test winner broker. To register with ETFinance, click here.

If you have decided on a broker, you log in with your data and verify your email address and any other data.

2. First deposit

After registering, you need to decide how much to invest in stocks. We generally recommend that you never invest more than 5% of your capital in a single share.

Once you have decided on the amount you want to invest, click on the ” Add Money ” button after registering with ETFinance.

You can now choose from various deposit methods, including PayPal, credit card or bank transfer.

Below is an overview of all the payment methods available at ETFinance:

Payment optionPossible?
Buy Solarworld shares with a credit card✔️
Buy Solarworld shares with PayPal✔️
Buy Solarworld shares with Skrill✔️
Buy Solarworld shares with bank transfer✔️
Buy Solarworld shares with Neteller✔️
Buy Solarworld shares with UnionPay✔️

3. Buy Solarworld shares online

Now that your money has arrived enter the name of the stock you want to buy in the search field. Then press the blue “Trade” button in the upper right corner.

A small window will open to set the price and the number of shares you want to buy. You can also set stop-loss and take-profit, i.e. at which price the share should be sold again in the event of a profit or loss. The two fields are optional.

The Leverage field allows you to control whether you want to buy the real share (x1 leverage) or a CFD (x2 or more leverage).

With a click on ” Place order ” the purchase is completed, and the share appears in your portfolio.

etfinance

Solarworld share price, price & key figures

Once traded at almost 50 euros, the Solarworld share has finally degenerated into a penny stock by 2017 at the latest. In November 2018, Solarworld AG lost its admission to trading on the regulated market of the Frankfurt Stock Exchange, but it can still be traded on other stock exchanges.

The current price of the Solarworld share is, for example, at Tradegate at 0.091 euros. Naturally, there are no other key figures in the event of insolvency and production stoppage.

Solarworld share price target

Because of the bankruptcy, there are no current Solarworld share analyses and no current price target.

Solarworld share dividend 2020

Solarworld AG is bankrupt and consequently does not distribute any dividends.

Where to buy Solarworld shares?

Solarworld shares are certainly only an investment for real gamers. For anyone who wants to speculate that a decent piece of the bankruptcy estate will remain for the shareholders, the question arises as to how and where one can trade the Solarworld share. With just three steps, you can start playing poker for the Solarworld share.

First, you decide on the amount of the stake, how many Solarworld shares you want to buy. Since this investment is only a short-term bet, you don’t have to worry too much about a balanced diversification of your own portfolio.

Once you have determined the stake, the search for the best dealer follows. Again, Internet research is a good idea. This is where you can usually find the best deals. Various online brokers offer trading in stocks.

The individual offers vary concerning custody or transaction fees and also with regard to the services, so a thorough comparison is recommended. Once you have found the best broker, you can play along with just a few clicks. Most providers can also buy shares on a smartphone with the appropriate apps.

Solarworld share forum – advantages and disadvantages

  • Very cheap to buy
  • Company broke
  • Very very risky

Solarworld Share Realtime Buy Arguments

Solarworld AG was a company in the solar energy industry and is insolvent. The share is now a penny stock with a price of around 0.1 euros. This means that you can get into the share with relatively little capital expenditure and that only slight positive movements in the share price of the Solarworld share can lead to decent profits.

At the beginning of April 2019, a payment was made from securities in the remaining bonds of Solarworld AG iL. This feeds the hope that there could be something left for the shareholders of Solarworld AG after the settlement. And in fact, the Solarworld AG share price has more than doubled since the beginning of April.

Buy Solarworld stocks or not? Our future forecast 2021!

Sell ​​Solarworld share? Sale arguments

Betting on stocks in companies that are in liquidation inherently involves enormous risks. A total loss of the investment capital is possible with every investment in shares. But when you invest in an insolvent company, this risk is many times higher.

Even after months of searching for an investor for the Freiberg plant, no investor could be found anywhere in the world due to the lack of economic prospects. So, the entire factory is now being auctioned off. However, prices that can be achieved are likely to be kept within limits, as the techniques used in the factories are probably already out of date.

Solarworld share news & history

Frank Asbeck, the former CEO of Solarworld AG, started trading photovoltaic modules in 1995. In 1998 he founded the company Solarworld which he went public 1 year later.

With the help of government subsidies, Solarworld subsequently achieved rapid growth. As of 2000, production started in Freiberg solar wafers. From 2003, production was fully automated. In 2004, Solarworld received the grand prize for medium-sized companies.

In 2005 the international expansion followed with sales branches in the USA and Europe, and in 2010, a fully automated module factory started in Hillsboro, USA. In the same year, a research and development centre was inaugurated in Freiberg.

In the course of the crisis in the entire solar industry, Solarworld slipped into the red from 2011 onwards. In addition to an increasingly tough price war, the cut in state EEG subsidies resulted in a significant drop in demand. As a result, in 2013, a capital cut of 95 per cent followed by a subsequent capital increase.

Nevertheless, Solarworld remained in the red and made a loss of 28 million euros in 2017. Finally, SolarWorld AG filed for insolvency in 2017 due to a lack of predictive prospects. The total assets were then transferred to SolarWorld Industries GmbH. However, this also filed for bankruptcy in 2018.

The production of solar modules in Freiberg ended on September 8, 2018. Unfortunately, the production of solar cells in Arnstadt had already come to an end. Even a month-long search for an investor for the Freiberg plant was unsuccessful due to a lack of economic prospects. That is why the entire remaining Solarworld systems have been under the hammer since March of this year.

Fees when buying Solarworld shares

We compare the fees of the largest brokers with the following example:

  • Purchase of Solarworld shares worth € 1,000
  • Hold the Solarworld share for one month and then sell
  • No course changes in the 30 days

With these assumptions, we now compare the fees of Libertex, ETFinance & Plus500 :

providersLibertexETFinancePlus500
Depositfor freefreefor free
Purchase fees€ 2.20free3.08%
Holding feesfor freefree0.05%
Sales charges€ 2.20spreads3.08%
Total fees€ 4.40Reasonable € 92.32

Buy Solarworld stocks or not? Our future forecast 2021!

Solarworld share forecast 2021

The Solarworld AG group has no future prospects according to the assessment of the group management and also according to the evaluation of potential investors. There is still a global demand for the business model of manufacturing solar modules, but Chinese products largely dominate this. The Chinese government’s dumping prices made possible by subsidies cannot be seriously countered in high-wage countries like Germany.

A forecast for the performance of the Solarworld share cannot be given. The stock is now a pawn for gamblers. The risk is high that the share will have to accept major losses in value sooner or later.

Conclusion

The Solarworld share is an investment that only savvy gamblers who are not afraid of the risk of a total loss should dare to approach.

You can buy the Solarworld share from online brokers and here, preferably free of charge, from the test winner.

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