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241-260 of 826
sunpower day
w3 hit 645
w4 625 px hit 615
no good
day conversion 615
if cannot main w2 605
w3 hit 645
w4 625 px hit 615
no good
day conversion 615
if cannot main w2 605
Have been consolidating at around $0.61. Formation is starting to form up to suggest uptrend... 
Strong Fundamentals and the future is very bright. But no strength.... Need a bit of a push...
easywin ( Date: 25-Aug-2021 16:03) Posted:
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DBS ups Sunpower' s TP to 70 cents on better-than-expected topline growth
DBS Group Research analysts Woon Bing Yong and Ling Lee Keng have kept " hold" on Sunpower Group with a higher target price of 70 cents from 68 cents previously.The increase in target price estimate was made to reflect the better-than-expected topline growth for its green investments (GI) segment, write Woon and Ling in an Aug 16 report.
" Sunpower is currently trading near its price-to-book (P/B) mean of 1.39 times, which seems fair against 10.3% return on equity (ROE) for FY2022," they add.
While the analysts expect topline growth to continue into the 2HFY2021, margin and performance for its GI segment may be weighed down by increasing thermal coal prices, as management may partially share the higher costs with its customers.
The rising number of Covid-19 cases in China may also impact steam sales volumes, especially if lockdowns are implemented, note Woon and Ling.
On this, the analysts have forecast GI revenue and steam sales volume for the FY2021 to grow 54.6% y-o-y to RMB2.0 billion ($418.4 million) and 8.65 million tonnes respectively.
To them, a key catalyst in the re-rating of Sunpower' s share price is its new dividend policy.
" Sunpower is on the cusp of attaining its RMB2.5 billion equity investment target in GI plants. Post-achievement of the target, we hope to see the group reward its investors with a new dividend policy, supported by the high-quality recurring cash flows of the GI business," they write.
According to Woon and Ling, they are more conservative in their estimates on the counter amongst the rest of the brokerages given the group' s high debt levels.
" That said, we do not foresee any immediate liquidity issues, as Sunpower still has committed facilities to draw down on," they say.
As at 3.30pm, shares in Sunpower are trading 4 cents higher or 6.78% up at 63 cents, or an FY2021 P/B of 1.3 times, according to DBS' s estimates.
Sunpower, look at the power hard to believe.
sunpower 5m
new wave start 580
w3 power up 640
fib 288.6 650 uturn zone
w4 620
w5 665
new wave start 580
w3 power up 640
fib 288.6 650 uturn zone
w4 620
w5 665
Strong Bid volume
Remember to wait for price action confirmation and don' t FOMO in. Who knows it might just be a dead cat bounce.
Tomorrow will chiong higher
Frankie8836 ( Date: 25-Aug-2021 12:56) Posted:
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Chong.....La.... Target 0.70....I have few lots holding at 0.85
wehuattogether88 ( Date: 25-Aug-2021 11:56) Posted:
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Careful, already went up a lot for the morning session. DYODD
SG-Insider ( Date: 25-Aug-2021 11:54) Posted:
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Buckle your seat belts prepare for rockets shoot up.
CheongArgh ( Date: 25-Aug-2021 11:49) Posted:
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That' s a possibility.....
SG-Insider ( Date: 25-Aug-2021 11:33) Posted:
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Good newscoming from Sunpower this week ?
PQTPQK ( Date: 24-Aug-2021 14:13) Posted:
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Yup.
If the shortists are not going to cover position tml, will they run for cover? lolxx
If the shortists are not going to cover position tml, will they run for cover? lolxx
PQTPQK ( Date: 24-Aug-2021 14:13) Posted:
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way oversold...
Easier to.make $ shorting..nany stuck at 80_90cts...will go near 50cts and naybe below..no catalyst to trigger buy now
hotelgrand ( Date: 16-Aug-2021 23:24) Posted:
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I agree with you that the company fundamental is still solid. But the short volume is really minimal... You can find all the daily short volume here https://sginvestors.io/sgx/stock/5gd-sunpower/share-price-history
That' s why I feel that the recent drop is bcoz of the disposal of M& S and the good dividend explains its intention to cover the upcoming capital loss.
That' s why I feel that the recent drop is bcoz of the disposal of M& S and the good dividend explains its intention to cover the upcoming capital loss.
pcxiao2008 ( Date: 24-Aug-2021 11:32) Posted:
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super weak now...not sure why too..
company fundamental still ok. maybe no catalyst to boost sg ctrs...mostly all kana short over the last two weeks.
note that its seems bottom...hope can rebound soon.
the rebound will be stronger as noticed every rebound last quite awhile...so just wait lor...wat to do
company fundamental still ok. maybe no catalyst to boost sg ctrs...mostly all kana short over the last two weeks.
note that its seems bottom...hope can rebound soon.
the rebound will be stronger as noticed every rebound last quite awhile...so just wait lor...wat to do
jervis43 ( Date: 24-Aug-2021 10:08) Posted:
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ya man ... anyone know why keep dropping ??
pcxiao2008 ( Date: 24-Aug-2021 09:43) Posted:
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