Sunpower
Last:0.5
+0.005
Re-look at Sunpower
Post Reply
221-240 of 826
Rebound coming.....
Newbie85 ( Date: 25-Oct-2021 09:57) Posted:
| Come on Shortist! Short it more! I am waiting below. Laiii. |
|
Come on Shortist! Short it more! I am waiting below. Laiii.
What is happening to sunpower? Dropping....
💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥 💥
Haha robin? Good luck to u.
His short calls on isdn Marcy and many more for past 2 weeks. All hit sl. LOL.
Go ahead and short it past 56. I be there supporting. 😂 😂 😂
Robinmark say will stablise at 48cts..uptrend over
hotelgrand ( Date: 21-Oct-2021 19:16) Posted:
|
Shot it down more
Can shot..looks lije going below 60cts
jervis43 ( Date: 20-Oct-2021 10:25) Posted:
Where is the power...  |
|
Where is the power...
Today is a Sunny day
SG-Insider ( Date: 07-Oct-2021 10:48) Posted:
|
Sunpower is coming !!!
Hopefully tomorrow will be sunny day !!
TP 80* degree
ghetto ( Date: 29-Sep-2021 16:52) Posted:
| I am still waiting for the Sun... |
|
I am still waiting for the Sun...
sun got power bo ?
Analysts keep ' buy' on Sunpower after the divestment of its M& S segment
Analysts from KGI Research and UOB Kay Hian have kept their " outperform" and " buy" recommendations on Sunpower after the group completed the divestment of its manufacturing & services (M& S) segment on April 30.
Following the divestment, Sunpower have paid out two tranches of special dividends amounting to 14.06 cents and 10.06 cents per share paid out in June and July respectively.
On this, KGI analyst Chen Guangzhi has kept his target price at $1.22.
As the group moves into being a purer play on clean energy moving forward, Chen sees its new capacity from its Tongshan P1, Shantou P2, Xintai Zhengda and Shanxi Xinjiang plants contributing to the group in 2022.
The plants are expected to complete construction in 2021 or early 2022.
That said, Sunpower may face a risk in concentration on only one aspect of its business following the disposal of the M& S segment.
" The growth of the green investments (GI) segment is mainly from the development of new plants. Rising interest rates and financing costs driven by inflation expectation could lower project rate of returns," he writes in a Sept 2 report.
UOB Kay Hian analyst John Cheong has, on the other hand, lowered his target price to $1.03 from $1.22 previously.
The lower target price is largely due to the removal of the special dividend from the sale of Sunpower' s M& S business, as well as higher valuation for some of the existing plants, writes Cheong in a Sept 9 report.
For the FY2021 to 2023, Cheong has estimated total annual revenues of RMB2.55 billion ($530.3 million), RMB3.22 billion and RMB3.54 billion respectively.
His PATMI forecasts for the FY2021 to 2021 are RMB218 million, RMB325.5 million and RMB385.5 million respectively.
The way he sees it, it is " full steam ahead" for Sunpower' s GI segment.
" Sunpower' s outperforming GI segment would be the company' s sole principal business moving forward, providing Sunpower with strong, recurring and high-quality cash flows," he writes.
" Armed with a stronger balance sheet, Sunpower is in a good position to source for more GI project investments from its robust pipeline of projects under evaluation," he adds.
Sunpower' s 1HFY2021 results for its GI segment were " excellent" with revenue of RMB906.6 million and PATMI of RMB91.8 million.
The 77.3% y-o-y growth in revenue was due to stronger steam sales volume, which grew 73.2% y-o-y on the back of the ramp-up of new plants.
" Looking forward, the GI segment' s rapid ramp-up of projects and strong contributions from new projects such as Shantou Phase 2 and the remaining part of Xintai Zhengda' s new plant would continue to support robust revenue growth for Sunpower," says Cheong.
To this end, Cheong expects the group to see a " strong close" in FY2021 from strong contributions from its GI plants and continued ramp-up of existing projects.
Shares in Sunpower closed flat at 65.5 cents on Sept 9, or an FY2021 P/B of 1.0 times and a dividend yield of 0.5%, according to KGI' s estimates.
Up.to high of today 0.685 at high vol 6mil plus..something brewing
No raining means got sun power these few days.
LOL...
Good run up for today. Towards $0.85.
TradeExpert ( Date: 31-Aug-2021 07:42) Posted:
Have been consolidating at around $0.61. Formation is starting to form up to suggest uptrend...  |
|
TP only 70cts..wad upside?
TradeExpert ( Date: 01-Sep-2021 09:29) Posted:
Most of the contra players will have been squeezed by the short sellers and forced selling/Auctions has reduced looking at the volume. Short Selling has also reduced. Price has been consolidating at around 0.61 with chart formation forming up to suggest uptrend. Time for accumulation....  |
|
Most of the contra players will have been squeezed by the short sellers and forced selling/Auctions has reduced looking at the volume. Short Selling has also reduced. Price has been consolidating at around 0.61 with chart formation forming up to suggest uptrend. Time for accumulation....
