This is a superb price to get in. I see easily 1.00 in earnings sometime in the next 12 to 15 months. projects likely double next quarter, then double again. Possibly 300 MW in project sales in q4. Estimated well over 200 MW.
DG and O and M revenues are largely unaccounted for by those discussing SUNE, but these are HUGE sources of income in the coming quarters.
My estimates for q4 to q3 are as follows: 55 cents earnings from solar projects; 10 cents from other solar; 20 cents from semiconductor wafer sales. That is 85 cents multiply by 15, equals 12.75 in share price. From 7.38, is a 73% gain.
Three quarters of profits recently (2012), they sold 334 MW and earnings for those quarters added up to 52 cents. They will sell 1000 MW in 4 quarters spanning this year and next. Will that translate to 1.50 dollars in earnings? Sunedison got killed today, but the future looks bright.