smallish integrators will need assistance with logistics to enter the space efficiently.
I don't deal with WESCO but they are very large.
the offering is a bad deal...you are done. That raise should have happened a few months ago at least--this is a time of desperation so NVAX is either stupid or desperate--maybe BOTH??
the numbers can't be denied. the only question is if IPWR can efficiently extract value from the industry. to do so, at a minimum, their products must provide clear value (compared to substitutes) to storage developers.
from what we know so far, they do.
I wonder if I'm considered to be one of "the secret IPWR employees" that "preach so convicingly on this board daily"?
You aren't in this space or you would no there is no correlation with oil price and the price of electricity except on islands where there are no resources.
Your comment on $5/share being "too pricey" is a joke---there isn't enough info to make your claims---therefore you are BS
that might be the game.
I can see a scenario where the acquirer might have heavily shorted IPWR to create their own buyout spread--they will cover before making a premium price offer around $10/share.
you don't necessarily need solar on most storage projects--despite losing the ITC. Quite often the economics are much better when you don't need to receive 75-90% of battery charge from the co-located solar project. Depends on many things: sun, utility rates/policies, battery choices, ISO rules, physical space available
your reasoning is sound and that is partly why the price is so much lower than a couple weeks ago--IPWR is getting lumped in with a lot of big losers on energy bets. IPWR's bets are hedged for a couple of years at least
FERC 755 being implemented.
Revenue growing about 3x 2014-2015.
Leading in virtually all products metrics versus their competition.
hmmmmm....almost feels like something is disconnected here from the facts.
solar continues to be lumped into Oil and Gas "issues"---not logical if you know anything about electric generation sources. The delivered price of kWh in the U.S. isn't falling despite constantly falling O&G. Unless you are an island, the price of oil has NO relation to electricity.
share price is being controlled for lower takeout price later this year. IPWR won't be able to hide their numbers for too much longer. No real volume, no real coverage, and market is ripe with FEAR--it is the perfect setup for controlling the shakeout underway.
btw--Dan could be the primary beneficiary of a takeout offer that leaves retail shareholders holding a bag of rocks rather than gold nuggets. I can't believe he "fears" anything like that--going public tells you where his head is at. If here were really afraid of a buyout/takeover IPWR would have stayed private.
Did the fear overtake you? make no mistake there is more to come.
In hind sight IPWR's raise looks pretty smart. No cash burn issues through 2017 and NO DEBT.
The ITC has been extended--a huge windfall for solar+storage.
The fear in the market is distorting the underlying fundamentals of IPWR's value proposition to the investor.
The biggest "fear" here is of an acquirer's terms--retail could get screwed by future employment deals between management and the acquirer.
Power-One's buyout by ABB is a modest example of stealing a company from retail shareholders. My bet is that the price per share of the latest capital raise will be a baseline floor for any buyout offer.
For those going thumbs down on my posts--you are either new to the industry or too stupid to see information that could be valuable to an investment decision.
To the investors that can see past the fear--hold on to your hats for the next couple months.
Sentiment: Strong Buy