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Re: Mikhail507 post# 5675

Friday, 02/26/2016 7:06:03 PM

Friday, February 26, 2016 7:06:03 PM

Post# of 36208
But i've been saying Management needs to GO - heres an excellent example why: [color=redCEOs Who Have to Go in 2016 24/7 Wall St. 02/25/2016][/color] SunEdison (NYSE: SUNE)CEO: Ahmad ChatilaYear started: 2009One year stock price change: -94.5%Annual compensation: $7.7 million

Ahmad Chatila has been president and CEO of renewable energy company SunEdison (SUNE) since March 2009. Spinoffs and company restructuring have created some controversy, and the company is apparently very low on cash. An effort to raise capital in January resulted in the company’s stock becoming severely diluted. The company's shares are down 95% from its 52-week high. As liquidity and business model concerns persist, the big question now is whether SunEdison can still make it -- even with a new leader. With David Einhorn’s hedge fund Greenlight Capital winning a board seat and several senior officials already forced out, Chatila may begin to feel the pressure from the board. A 95% share price drop is often enough of a bad mark for any CEO. That the company is also closing plants in Malaysia and Texas are just more red flags. http://www.msn.com/en-us/money/topstories/ceos-who-have-to-go-in-2016/ar-BBpZ5nb
and heres more reasons to give Management the BOOOOOT ! http://www.msn.com/en-us/money/topstories/if-sunedison-inc-cant-even-get-this-right-whats-next/ar-BBpMEyP .... If there was ever any news regarding the replacement of SUNE's CEO this ticker would RUN hard.... OK winning the Lawsuit means SunEdison won't have to either fund $799 million of the acquisition itself or sell assets at a distressed price to a third party. So NOW WHAT ? >>>>>>>>>>>>>>>>>>>>>>>>>>>>

The question now is whether SunEdison has a viable business going forward. And there are too many unanswered questions to know for sure. "Case in point are just a dew examples in the ABOVE paragraphs" What has me concerned is that execution on building projects has been weak, margins on sales to third parties has been low, and debt costs have been on the rise. Add to that the fact that SunEdison is reporting massive losses quarter after quarter and there's still too much risk of bankruptcy long-term for investors to dive in. Vivint Solar will actually increase SunEdison's losses and needs for cash, so good news today doesn't mean good news for investors long-term
Now what: Short-term, this is very good news for SunEdison and all of its related companies. Early this year, management laid out plans to make it through 2016 from a cash standpoint, but that was contingent on TerraForm Power helping fund the Vivint Solar acquisition. Now that we know that's actually happening it takes a lot of risk off the table.

The question now is whether SunEdison has a viable business going forward. And there are too many unanswered questions to know for sure. What has me concerned is that execution on building projects has been weak, margins on sales to third parties has been low, and debt costs have been on the rise. Add to that the fact that SunEdison is reporting massive losses quarter after quarter and there's still too much risk of bankruptcy long-term for investors to dive in. Vivint Solar will actually increase SunEdison's losses and needs for cash, so good news today doesn't mean good news for investors long-term. Now what: Short-term, this is very good news for SunEdison and all of its related companies. Early this year, management laid out plans to make it through 2016 from a cash standpoint, but that was contingent on TerraForm Power helping fund the Vivint Solar acquisition. Now that we know that's actually happening it takes a lot of risk off the table.

The question now is whether SunEdison has a viable business going forward. And there are too many unanswered questions to know for sure. What has me concerned is that execution on building projects has been weak, margins on sales to third parties has been low, and debt costs have been on the rise. Add to that the fact that SunEdison is reporting massive losses quarter after quarter and there's still too much risk of bankruptcy long-term for investors to dive in. Vivint Solar will actually increase SunEdison's losses and needs for cash, so good news today doesn't mean good news for investors long-term

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