+ Watch SUNE
on My Watchlist
The Company is a worldwide producer of wafers for the semiconductor industry.
Solar market.. & Growth prospects..
This stock has had it ups & downs seems it is a crazy stock to understand bought it for my ira at $4.5 road it to $15 then drop back to $13 then to $ 11 but with the reports i read staying it is going to $20 bought again for my ira
shaky making this pick but until sentiment chanes it'll continue up.
Solar market + semiconductor + spinoff in early Jan 14
it's been riding the sooalr train. It'll jump the tracks when the true winners (few) are separated from the losers.
Solar is the future.
"MEMC Electronic Materials Misses Where it Counts" : fool.com/investing/general/2013/05/09/memc-electronic-materials-misses-where-it-counts.aspx "The 10-second takeaway: For the quarter ended March 31 (Q1), MEMC Electronic Materials beat slightly on revenues and missed expectations on earnings per share. Compared to the prior-year quarter, revenue shrank significantly. Non-GAAP loss per share dropped. GAAP loss per share didn't move. Gross margins expanded, operating margins grew, net margins dropped."
Net profits are falling and stiff competition within this industry.
Fossil fuels can't last forever
WFR just introduced the innovative MEMC Silvantis M330 Solar Module. It is the first product to be manufactured exclusively with MEMC-produced polysilicon and CCz p-type mono wafers leveraging the company's strategic vertical integration. The 16.9% module efficiency delivers over 5% savings per watt BOS improvement over multi-crystalline. Through its wholly-owned SunEdison subsidiary, MEMC is also a developer of solar power projects and a global leader in solar energy services, and as such has a built-in channel for the utilization of their solar modules.
Solar EPC - engineering, procurement and construction - are the place to be as these companies have just started to rebound after restructuring and absorbing the costs of industry shake out courtesy of China panel makers. Solar installations are growing at a high rate and companies that can design and install utility and commercial grade projects will do well, i.e. WFR, FSLR, GE, SPWR... I have been aggressively selling puts and have a 4% long position established recently.
In 5 years everything will go up.
Silicon prices have hit bottom. WFR can survive at current price levels. Strong demand in China for solar panels will absorb excess silicon capacity over next year. Low solar panel prices stimulating demand. Sun Edison has a strong pipeline.
US increasing solar.
The stock price has fallen precipitously to a price significantly under tangible book value, while the company's management is being honest and forthright about every piece of their business. We know why the company is struggling and where the struggles are coming from, but the price has fallen to a point where you would think MEMC will be out of business.Insiders have been buying at prices above where it is now, as they see the strength in their balance sheet and wave of revenue on the way from their Sun Edison portion of the business.Just can't believe the stock is where it is. Buy Big!
Steel will always be used, WFR has taken quite a hit, i see this being quite low for this stock
This company wouldn't be a terrible prospect on its own. I would look for this company to be purchased within a year, due to it's potential under circumstances of better management. This company on its own will grow, likely better then most of the companies in the dieing semiconductor industry. Their wafer technology is perfect and their balance sheet shows an effort to recover. They invested a large sum of money into research recently, so I will speculate they are finishing up a new product and trying to push it into the market sooner.
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