I couldn't resist getting some shares in thelow $26's. Its a steal at current prices. Next year earnings will be $3.75 plus.Once balance sheet becomes investment grade (End of 2016) the dividend will be .25 plus per quarter which yields 4% at current prices.
Have you looked at the investor presentation? Cost here is lower than rest of world. Demand outstrips future supply. They own the whole process and have future sites for new plants. No doubt a winner long term and now!
Basically you are buying a very cheap utility at current prices.... They will continue to own more and more power plants that will become a stream of profits plus they continue to manufacture solar panels. At current prices given the big growth in solar the next 5-10 years this looks like a no brainer for a LONG term BUY!!! Now what am I missing??? Sector just out of favor?
They go from profitable to a loss and now are more leveraged than ever. I am sick of non gaap earnings. So they will make $1 in non gaap earnings. Growth is gone as organic growth was only 4%. With all of the China pollution this should be a no brainer! Long term its a buy but if the market starts to turn this will make a new low. I want to see $7.