He bought a solar plant from FSLR for $2 billions in 2011. He can simply buyout the company at the current market price, for a little over a billion. Wow, cheap!
Buffet makes his profit when the solar plant starts charging electrical bills. Like building the Golden gate bridge, the cost is upfront but daily, they just bring in million$.My bet is on solar plants; I can carely how many panels they sold to homes etc. But the major cash cow is the continual revenues from solar plants (clean cheap solar energy).
okey but still the stock is going down since warren buffet comes.. so the turnaround is not coming yet,
FSLR is selling at distressed liquidation value YET FSLR is highly profitable with plenty of new business in emerging markets.
where is the link about warren buffet buying?