You can Google this news item.
Thank you all of your replies. In this environment, cash from the selling of projects to third parties are better than retaining them , even though it breaks the mold of the original model.
. S&P Capital IQ maintained its “Strong Buy” rating on SunEdison, saying “plans to shift greater volume to third party projects are prudent, as it will enhance cash flow generation.”
Could somebody give an example of shifting greater volume to third parties?
Yes, and that recent commitment by Chatila on cash flow isn't backed by the 'investor presentation' (see SunEdison site under investor relations), then will be seen as misleading.
One the owners of Latin America Power is backed by Blackrock. Isn't Vivant owned by Blackrock too?
Anyway this article reports that the power firm didn't live up to their commitment according to a SunEdison spokesman. A lawyer for L.A. Power says that is not true. A legal fight is brewing here for sure.
On a different note , SunEdison clearly states that tomorrow's event is an investor presentation.
So many moving parts here.
Costs Associated with Exit or Disposal Activities, Financial Statements and Exhib
Item 2.05 Costs Associated with Exit or Disposal of Activities.
On September 29, 2015, the Board of Directors (the "Board") of SunEdison, Inc. (the "Company") approved management's recommendation to a restructuring intended to optimize business operations in alignment with current and future market opportunities, and accelerate cash flow positive operations. The restructuring provides for a workforce reduction of approximately 15% of the Company's global workforce in response to current and expected market conditions and in order to remove duplicative activities created as a result of merger and acquisition activities and business growth.
In connection with the restructuring, the Company estimates that it will incur total charges of approximately $30 million to $40 million which will be recorded in the third quarter of 2015 and through the first quarter of 2016. These charges primarily consist of severance and other benefits to terminated employees, most of which are expected to be paid out by the end of the fourth quarter of 2016.
Agree with your reasoning. That have to get the OTO platform working really soon so that commodity prices swings will be mitigated or eliminated on inventory valuations. The big thing at the moment is short term debt. Will they rely toxic financing? That's my worry.
I was in Rome last month and at last I saw the Pantheon which was built, I think in 132 AD. It stills stands today in a beautiful condition. Talk about foundation! Al, for sure, will have his legacy, and that will be found in the better health of many.
Besides the ads in Time, what else is happening at the moment? I'm ok with no TV commercials at the moment, although cable ads can sliced down into select markets to keep the costs down, but what additional print ads are happening now?
Results and perception of value drive PPS. Management has been shown to do a miserable job in their PR relationship with stockholders, and that plays into a short strategy where is no proactive PR to manage perceptions to the reasonable extent the company can do. One thing can do right away is begin a dividend policy even if it is one cent per quarter. That will drive shorts away in short order. Certainly they could afford that.
Try nasdaq. The stats are reported monthly. The high was in May at 131 m but the last month was 115m .
Does anybody have an idea of PPS by year end? I would expect for it to rise moderately into the mid nines but we must expect Fed action this fall and immanent rating's action. The last rating contemplates new action when a business plan materialise. Vereit has a plan now.
Your language says little of others but much about you.