SGX:5GDWater Utilities
Sunpower Group (SGX:5GD) Stock Can Profit Gains Ease Cash Flow Doubts
Sunpower Group stock closed at SGD0.575 on Thursday after a solid run over the past month, yet the real story sits in the earnings power now on display. Trailing twelve month net income from continuing operations reached C¥461.343 million with net margin running at 10.1%. For a regulated utility style business, that profitability and a P/E of around 7x put the focus squarely on valuation rather than on hype.
The market has already priced in some of this strength. The bigger question for you...