It is almost comical and SAD that CSIQ is at 1B market Cap when they have backload of projects worth well north of that. CSIQ will earn over $4.00 a share this year, and SPWR? What maybe 1.00? SPWR is worth 3B Market Cap. Hard to get my hands around that one. CSIQ fair value should probably be in the 10x Earnings range which is still fair and low. Now that would be $40PPS, however 2016 is looking at some compression and also less earnings with delayed payments and projects. So, I dont know $30PPS?
Well it seems the market wants to take em all down. Ugly ugly week ...worst Ive seen in years.
true on the first part, bu t how äre ýou figuring a better 2016?
Margins are probably actually eroding, Japan seems to be having set backs (ie longer to finish projects), Legacy Canadian FIT projects almost all sold already, and the company seems to be
blowing this spin off of a yield co. Not to mention Yield Co seem to be not doing well ala SUNE.
At this point I dont know if Id want them to even do it anymore or what benefit it will really have to shareholders.
Love CSIQ and QU, and bought back in on this 20% haircut last few days....just hoping that they can surprise us with some news soon for a pop back to the 30 range. My experience is yea, they may blow out Q4, but if Q1 is gonna be an egg (and with it not coming anywhere near Q4-it probably will be.) it could actually sell off earnings day.
again, i want to ride he csiq train again, just have mixed feelings about 2016