Memc Electr Matls Inc (NYSE:WFR)

"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.

s&P 5 star

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.

heavy debt
court cases
Zacks advises to sell

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!

Technical monthly

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.

semicundactor 2011

Caps Most up

Short term-Down
Category      Personal Score
Growth Rates %      High
Price Ratios      High
Profit Margins %      Low
Financial Condition      Very Low
Investment Returns %      Low
Management Efficiency   High
Total Score      Very Low

This company owns the silicon production and has two major markets for it. Solar didn't even play into the WFR equation during its last run to nearly $100 pre-crash. I think WFR has big earnings potential for a long time, but I am just short puts at present, so I may get left behind.

DuPont saw strong PV sales growth and oil is going up.

Cramer pick, ibankcoin pick, getting killed off of DQ earnings, however, it certainly looks primed to go lower. I do think it outperforms long-term, their semi biz is just to good.