It's only a horror story to the misinformed. SUNE builds solar farms and keeps them. Now they are transferring them to TERP and planning another spinoff of more risky solar farms, which means it may have a higher dividend. Then last night they announced a change in their revolving credit line that allows them to also engage in other renewable energy like wind. These farms will pay SUNE for the next 20 years.
it's a high beta stock, which means it has large swings. Nothing has changed. Greenlight has 21 million shares. They have a huge solar pipeline, in 2015 they get their costs down to .40/w which would be the industry cheapest. The China solars are dragging down SUNE via ETF's which included GTAT. China is paying less to the China solar companies for their products. Japan is said to be slowing and getting more competitive. As far as I know SUNE doesn't have much Japan or China business. If SUNE pre-announces a profit, this will skyrocket. Stay the course...
Have you seen the price of new cars lately? Of coarse leasing looks good. You should be reporting whether the auto suppliers are laying off or not. The supply chain is the true indicator, not sub-prime loans that have been around since Lee Iaccoca. AA reports first, and they are more impacted by planes.
You want it 3 ways, bad loans, yet millions of leases expiring, which means they did pay their bills. Leases mean dealers don't have to consider trade-in, they just make the next lease SALE. Carmax problems is the speed of the decline, not actual. They pay less in the next Qtr.
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