Suzlon Energy vor Neubewertung
war zuvor schon 9,3%
Having faced multiple crises over FY09-14, the brokerage believes Suzlon is on the cusp of a turnaround. Suzlon has aggressively reduced debt from its heavily levered balance sheet by divesting its German subsidiary Senvion (for Euro 1 billion) and via a preferential issue of Rs 1,800 crore to Dilip Shanghvi and Associates (DSA). "These developments will enable the company to not only reduce debt but also provide much needed working capital to ramp up business in the rapidly growing Indian wind energy market," said HDFC Securities in its note.
With the NDA government’s ambitious plans for renewable energy, the brokerage expects favourable policy environment for wind power to continue, adding it is among a handful of listed companies levered to India’s fast growing renewables industry. The Indian wind energy market is set for a big leap as accelerated depreciation (AD) and generation based incentives (GBI) have been re-introduced. The NDA government has ambitious plans of adding 38GW over FY15-22.
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MUMBAI: Shares of renewable energy player Suzlon Energy has surged as nuch as 13.4 per cent in last two sessions after a 'Buy' report from HDFC Securities and the launch of Inox Wind initial public offering.
The Inox Wind IPO is having a rub-off effect on the company as Suzlon shares are available at cheaper valuations. As per Reuters report, Suzlon Energy is available at around 1.6 times FY14 revenue against 4.4 times for Inox IPO which is priced in the band of Rs 315-325.
According to analysts, the stock is in an intermediate uptrend and it may move past Rs 30 levels in short to medium term.
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, .... Suzlon Energy 's charts are very attractive. A large well-known business group has bought shares and coupled it with the fact that the stock is building a large multi-year base and that is an investment idea."
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Enel Green Power Signs 160 Million Euro Loan for Wind Power in South Africa
The loan, supported by credit insurance from Euler Hermes, the German Export Credit Agency, will be used to finance the investment in the Gibson Bay wind farm. The plant’s installed capacity will be 111 MW.
http://afkinsider.com/38177/africa-becoming-wind-energy-powerhouse/
das würde mich allerdings wundern wenn die Finanzierung durch die deutsche Hermes Euler für Suzlon erfolgt....vielleicht Senvion ? http://www.senvion.com/de/wind-energy-solutions/...nergieanlagen/3xm/
s.auch hier :The plant will have 37 turbines with a capacity of 3 MW each, for a total installed capacity of 111 MW and capable of generating about 420 GWh of power a year.
Hermes’ institutional role involves supporting German component manufacturers, to which Enel Green Power has turned for plant construction and development.
The brokerage has a price target of Rs 38 per share for the stock.
"From a position of strength, Suzlon has gone through multiple crises over the past five years including debt default. However, it has since taken corrective steps to substantially repair its balance sheet by selling off its German offshore wind arm, Senvion for 1 billion euros and issuing fresh equity worth Rs 1800 crore to Dilip Shanghvi & Associates—a promoter for Sun Pharma ," says the Nomura note.
The brokerage feels Suzlon can now focus all its energies on new order wins and execution in the domestic market, and is well placed to win back 50 percent market share. "Re-introduction of wind power incentives and supportive policy aimed at meeting the government’s ambitious wind energy target of 60GW by 2022 should help to drive demand for wind equipment, in our view. Strong operating/financial leverage from under-utilised manufacturing facilities and debt reduction is likely to drive normalisation of margins and strong earnings growth for Suzlon in the years ahead, as per our estimates," the Nomura note says.
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Suzlon Energy rose 5.87% to Rs 27.95 at 9:49 IST on BSE after a foreign brokerage started coverage on the stock with a "buy" rating. ...http://www.capitalmarket.com/CMEdit/story2-0.asp?SNo=764964
....
The stock had outperformed the market over the past one month till 6 April 2015, rising 4.35% compared with 3.21% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 95.33% as against Sensex's 5.62% rise.
The large-cap wind turbine manufacturer has an equity capital of Rs 801.54 crore. Face value per share is Rs 2.
The foreign brokerage said that Suzlon Energy will break even at net profit level by early financial year ending March 2017 (FY 2017). It added that Suzlon is well placed to win back 50% market share in the domestic wind equipment market.
http://www.capitalmarket.com/CMEdit/story2-0.asp?SNo=765270
http://www.ndtv.com/video/player/news/...aboon-irani/362517?site=full
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Stock had 2 buy ratings only – Thomson Reuters Eikon data
http://www.financialexpress.com/article/companies/...on-energy/62430/
http://www.business-standard.com/article/news-cm/...5041000224_1.html
http://www.indiainfoline.com/article/...structure-115040900422_1.html
The open offer follows the recent infusion of Rs 1,800 crore by Dilip Shanghvi, ...
http://www.business-standard.com/article/markets/...5041500278_1.html
das wurde ja schon mal vermutet,aber Meldung gab es bisher nicht
da kommt offenbar keine richtige Freude auf
"More than 10.52 crore equity shares will be allotted upon conversion of 27,018 step-up convertible bonds worth about $547 million at a conversion price of Rs. 15.46 per share," the company said in a filing to the BSE.
Notices for conversion were received by Suzlon from "certain bondholders" and the allotment was approved by the securities issue committee of the board during its meeting on Saturday.
After this allotment, the company's paid-up capital stands at over Rs. 762.59 crore.
http://profit.ndtv.com/news/corporates/...t-of-10-crore-shares-756170