10Q- We intend to pay regular quarterly cash dividends to holders of our Class A common stock on or about the 75th day following the expiration of each fiscal quarter. Our quarterly dividend will initially be set at $0.2257 per share of our Class A common stock, or $0.9028 per share on an annualized basis, and the amount may be changed in the future without advance notice. With respect to our first dividend payable on December 15, 2014 to holders of record on December 1, 2014 we intend to pay a pro-rated initial dividend of $0.1717 per share
SunEdison, Inc. (SUNE) today announced that it confidentially submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission (SEC) relating to the proposed initial public offering of the common stock of a yieldco vehicle focused on contracted clean power generation assets in attractive, high growth, emerging markets, primarily in Asia (excluding Japan) and Africa. The number of shares of common stock to be sold and the price range for the proposed offering has not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.
This press release is being made pursuant to and in accordance with Rule 135 under the Securities Act of 1933 and does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Price Target: (12 months) for SunEdison Inc.
We arrive at a $34 value per share from $19.3 for Solar Development using a 19x 2016 earnings multiple discounted back, $9.3
SUNE's interest in TERP based on a 2016 dividend yield, $3.6/share for SUNE's IDRs in TERP, $1.1 for SUNE's interes
t in SEMI, less
current net debt.
We see several risks to SUNE's achievement of our $34 target price: (1) solar pricing and competitive dynamics, (2) interest
impacting TERP's yield, (3) uncertainty in semiconductor wafer demand, (4) disruptiv
e technologies can change demand profiles for solar,
(5) policy uncertainty, including the Investment Tax Credit subsidy in the US, and (6) foreign exchange rates.
TERP is a jewel for taking the debt and paying a huge dividend. Analysts have not revised SUNE earnings up, yet.
hobomstsz, I reviewed the last 30 days of your posts, and could not find one worth mentioning, aka all stupid. But feel free to continue posting, it's your right.
if YHOO buys AOL, this stock will tank. Remember when AOL merged with Time Warner. Those executives have never been seen again. AOL is a career killer.
Greenlight and other hedge owners will keep the rumors coming, and shorts on edge. The tweeters just don't do their DD. They see the debt and don't know about the spinoffs plus second spin off coming down he road.
Analyst targets are $28 and above
SCTY needs the money because they rent-to-own. AMAT if it were to buy anything, it would be the SUNE spin-off now called SEMI
Back in May, Einhorn said sum-of-all-parts - $35. The options alert went out on this yesterday. I sold today, but will buy back later when it settles down. I'm certainly not going to short it. This is over bought. There are more shares in instutions that outstanding. Short squeeze every couple of weeks.
It's still in the channel, gap closed. Business is good. 4GW backlog. Hedge funds love it. Only macro market forces can derail it. Fed action on interest rates, world events, market selloff.
SUNE has to get through 22 to validate the current channel that goes to +26. Otherwise it forms a new lower channel. I use FINVIZ web site for the chart.
may or may not be right. But with sales going nowhere and paypal a stuck asset, and Carl not beating them up, something had to happen.