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781-800 of 825
Bought back at 46ct when broke 45 ct resistance, looks powerful to hit 50 ct target.
trademaster ( Date: 08-Feb-2019 18:43) Posted:
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Volume is expanding very well and it' s likely that it will attract more traders and investors on monday
https://www.nextinsight.net/story-archive-mainmenu-60/942-2019/12690-sunpower-group-10-q-as-with-management
https://www.nextinsight.net/story-archive-mainmenu-60/942-2019/12690-sunpower-group-10-q-as-with-management
Finally, good run from 40.5 to 45 ct today.
Took profits at 44 ct.
Will reload below 40 ct again.
Took profits at 44 ct.
Will reload below 40 ct again.
Last:0.45 Vol:6704k 
+0.04
oldest trick in the book, well played by the smart money
gd luck dyodd
+0.04oldest trick in the book, well played by the smart money
gd luck dyodd
ozone2002 ( Date: 04-Nov-2018 00:25) Posted:
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last year was announced on 28th Feb , should be around this period , anytime next 2 weeks
muifan ( Date: 08-Feb-2019 15:02) Posted:
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When the results ?
Blue-sky ( Date: 08-Feb-2019 14:56) Posted:
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super good results i guess ..front runners are buying ..
muifan ( Date: 08-Feb-2019 11:38) Posted:
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Chart look strong
Breakout on a weak day ...
Breakout on a weak day ...
break out
CHIONG break 42 not?
UOBKH Maintain BUY and SOTP-based target price of S$0.76.
Sunpower' s 32% share price correction since its substantial shareholders fell prey
to unauthorised share transfers on 17 Oct 18 appears to be overdone. Total
exposure is limited to only 3.8% of issued shares downside is limited as legal
actions have been taken against their borrower and Sunpower has started buying
back shares in 2019. Core business remains robust and current valuation is
attractive at 5.8x 2018F PE.
Sunpower' s 32% share price correction since its substantial shareholders fell prey
to unauthorised share transfers on 17 Oct 18 appears to be overdone. Total
exposure is limited to only 3.8% of issued shares downside is limited as legal
actions have been taken against their borrower and Sunpower has started buying
back shares in 2019. Core business remains robust and current valuation is
attractive at 5.8x 2018F PE.
I' ve taken a look and decided to load up a bit. The recent sold down was good timing. But missed the dump to 0.28.
If u look closely, u are paying bargain price compare to the 2 PE funds. The fact that the funds subscribed to the bonds at 2.5% interest is fantastics feat on SP part. Top it off, the warrant exercise are at 0.70 & 0.80!
The risks is the debt gearing to acquire more GI projects though. DYODD.
If u look closely, u are paying bargain price compare to the 2 PE funds. The fact that the funds subscribed to the bonds at 2.5% interest is fantastics feat on SP part. Top it off, the warrant exercise are at 0.70 & 0.80!
The risks is the debt gearing to acquire more GI projects though. DYODD.
good profit today
another good day!
Last:0.335 Vol:11925k +0.055
big fall after 2 PE investors bought into Sunpower
business in line with China' s 5 year plan to tackle pollution
buy on fear
Gd luck dyodd
+0.055big fall after 2 PE investors bought into Sunpower
business in line with China' s 5 year plan to tackle pollution
buy on fear
Gd luck dyodd
Moving to hit $1
Besides UOB-KH, Lim and Tan also initiates coverage today with a Buy with a target price of $0.92.
We are initiating coverage on Sunpower Group ($0.48, down 0.01) with a
BUY recommendation with a sum of the parts (SOTP) derived target price
of S$0.95. Our positive views are as follows:
* The Green Investments business (GI) is Sunpower&rsquo s primary value
creator and growth driver. Enormous business opportunities are
available in this segment in anti-smog services in China as (i) small
pollutive boilers run by individual factories are being mandatorily
closed by the government and they have to switch to centralized
clean steam boilers, while (ii) factories are increasingly relocated to
industrial parks, driving high growth rates for the expansion of these
Parks
*GI is expected to transform Sunpower into a cash-flow rich utilities
company. It is the de facto monopolistic supplier of steam to factories
within industrial parks through concession agreements that make
it the exclusive supplier for 30 years, with the first right to renew
these concessions after 30 years. We understand that steam is a
must-have product and its monopolistic model allows it to demand
advance payment of tariffs
*Sunpower is building up a valuable portfolio of GI assets that can
generate high net present value of future cash-flows and attractive
double-digit IRR. With its first-mover edge, we opine that it is well
positioned to build up a scarce portfolio of valuable high cash-flow
assets that, upon maturity, can be sold for a substantial premium
to yield-hungry buyers such as insurance, infrastructure or state-owned
funds
*We value Sunpower at S$0.95 as our base-case scenario target
using a SOTP approach, according a P/E of 10x for its traditional
M& S business (S$0.18/share) and a S$0.77/share value for the GI
business. We have assumed a conservative multiple-of-money
(MoM) of 2x for its GI assets, relative to our estimate of ~3x MoM
that is potentially achievable.
*On the back of revenue growth of 50% in FY18F, we are also expecting
margins to improve and net profit to appreciate by 72% from FY17.
Currently trading at just FY18F 7.1x P/E and 1.4x P/B, we note that
Sunpower&rsquo s valuations are lower as compared to the average of its
sector peer average at 10.0x forward P/E and 2.7x P/B. However, we
emphasize that we do not think that these companies are the best
comparables because the returns on water sector projects are only
in the single digits versus Sunpower&rsquo s superior 12-15% return range.
We are initiating coverage on Sunpower Group ($0.48, down 0.01) with a
BUY recommendation with a sum of the parts (SOTP) derived target price
of S$0.95. Our positive views are as follows:
* The Green Investments business (GI) is Sunpower&rsquo s primary value
creator and growth driver. Enormous business opportunities are
available in this segment in anti-smog services in China as (i) small
pollutive boilers run by individual factories are being mandatorily
closed by the government and they have to switch to centralized
clean steam boilers, while (ii) factories are increasingly relocated to
industrial parks, driving high growth rates for the expansion of these
Parks
*GI is expected to transform Sunpower into a cash-flow rich utilities
company. It is the de facto monopolistic supplier of steam to factories
within industrial parks through concession agreements that make
it the exclusive supplier for 30 years, with the first right to renew
these concessions after 30 years. We understand that steam is a
must-have product and its monopolistic model allows it to demand
advance payment of tariffs
*Sunpower is building up a valuable portfolio of GI assets that can
generate high net present value of future cash-flows and attractive
double-digit IRR. With its first-mover edge, we opine that it is well
positioned to build up a scarce portfolio of valuable high cash-flow
assets that, upon maturity, can be sold for a substantial premium
to yield-hungry buyers such as insurance, infrastructure or state-owned
funds
*We value Sunpower at S$0.95 as our base-case scenario target
using a SOTP approach, according a P/E of 10x for its traditional
M& S business (S$0.18/share) and a S$0.77/share value for the GI
business. We have assumed a conservative multiple-of-money
(MoM) of 2x for its GI assets, relative to our estimate of ~3x MoM
that is potentially achievable.
*On the back of revenue growth of 50% in FY18F, we are also expecting
margins to improve and net profit to appreciate by 72% from FY17.
Currently trading at just FY18F 7.1x P/E and 1.4x P/B, we note that
Sunpower&rsquo s valuations are lower as compared to the average of its
sector peer average at 10.0x forward P/E and 2.7x P/B. However, we
emphasize that we do not think that these companies are the best
comparables because the returns on water sector projects are only
in the single digits versus Sunpower&rsquo s superior 12-15% return range.
Sunpower Group (SPWG SP)
UOB Kay Hian Initiate Coverage
(SPWG SP/BUY/S$0.48/Target:
S$0.77)
As China&rsquo s Xi has vowed a war on
pollution, Sunpower is on the cusp of
explosive growth. Gearing up for this
sunrise industry, this aggressive
approach is an opportunity for
Sunpower to gain the first-mover
advantage in order to maximise returns.
With Rmb3.4b of projects and Rmb2.0b
in its orderbook, top investment funds
have validated this company with its
technology advantage and proven track
record. Initiate coverage with BUY and
SOTP target price of S$0.77.
UOB Kay Hian Initiate Coverage
(SPWG SP/BUY/S$0.48/Target:
S$0.77)
As China&rsquo s Xi has vowed a war on
pollution, Sunpower is on the cusp of
explosive growth. Gearing up for this
sunrise industry, this aggressive
approach is an opportunity for
Sunpower to gain the first-mover
advantage in order to maximise returns.
With Rmb3.4b of projects and Rmb2.0b
in its orderbook, top investment funds
have validated this company with its
technology advantage and proven track
record. Initiate coverage with BUY and
SOTP target price of S$0.77.
Price still good to go in. Next resistance only at 0.685.
BBBulll ( Date: 22-Jan-2018 19:02) Posted:
|