I hope SUNE goes to $100B in debt while interest rates are still low. That would mean 10x in profit generating projects. Also, think about what it mean if lenders continue to fund future projects to a total debt of $100B with non-recourse loan.
Chanos sold more than half his position in SUNE as reported in 13F filing. Still has 322,741 shrs.
Come hell or high water, they must show at least $3/shr in positive cash flow next year. You can't publicly make statements like this and not deliver without completely losing credibility.
Good stewardship requires minimizing taxes. Less taxes means more for expansion. Partnership would allow for additional tax breaks.
Thanks! Looks like the rest of the world is finally catching up with what we've seen for some time now. 2016 will be the proof in the pudding. Stock price by the end of 2016 will be interesting.
This was from an article by Militsa Manchevar (Apr 16, 2015 12:01 CEST), a junior reporter at SeeNews Renewables. Militsa Mancheva is focused on the Chinese market and the rest of Asia. Solar and offshore wind are her mantras.
re:2016 cash flow....If interest rates stay low, I would prefer SUNE use their cash to continue expanding at this same pace and forgo any stock buy backs or dividends. As long as they can find deals, they should capitalize on their margin advantage as long as possible. Cramer said "the Exxon of renewable energy". I really like the sound of that...haha
I disagree! Last several days it's going up on low volume. If pop on big volume, then maybe I would agree with your analysis....maybe!
Let me help you. SUNE is in a huge levered growth mode and has been for several years. Cheap money and a growth industry supports their decision. The market is looking at how much money they will make in the next couple of years. Cash flow is said to be several $100K/quarter by late 2017.
No lets not talk about it cause that means the problem doesn't exist....right? The ostrich has the right approach to any problem. Stick your head in the ground until the problem goes away.