Tag Archives: jinko
5 Reasons Jinko Solar Will Thrive in 2013
Jinko Solar is well positioned to capitalize on the solar market in 2013 as it has the best balance sheet among their competitors. They are insulated from the high costs of silicone that is adversely impacting their peers. The higher costs of silicone have put upward pressure on the manufacturing costs associated with PV but [...]
Shorts Continue to Attack Jinko Solar $JKS
Shortinterest in Jinko Solar (JKS) increased at its fastest pace ever, almost doubling in the two weeks from October 29 to November 15, 2010 from1.1M to 1.9M shares. When I last pointed out the soaring short interest in JKS, I was hoping this increase was a contrary indicator based on what I thought was a [...]
Short Interest on Jinko at Record Levels $JKS
At the time I provided my summary of the stellar earnings results from Jinko Solar (JKS), I noted that the post-earnings surge in the stock price of 17%was likely partly the result of short-covering. Only data throughOctober 15 was available then, and it showed all-time highs in shortinterest. The data for October 29 shows that [...]
Jinko Solar Explodes Higher on 3Q Earnings Results $JKS
Slowdown inGermany? Italy cutting solar subsidies 6-10%? The Czech Republictrimming subsidies? A deterioration in ASPs (average selling prices) inthe second half of 2011? A huge follow-on offering of 3.5M ADS (American Depository Shares) in which insiders are cashing in on 43% of theshares? Jinko Solar (JKS) mentioned all these potential headwinds inMonday morning’s earnings report [...]
Auriga Upgrades Jinko Solar $JKS
Auriga is out this morning upgrading Jinko Solar (JKS) back to a Buyrating and raising the price target from $32 to $37 after the companyannounced last night a follow on offering of $2 million shares in orderto raise cash for a big expansion. While equity offerings typically hit a stock price in the short term [...]
Jinko Solar Sets Fresh Highs $JKS
Jinko Solar(JKS) got its start in 2006 as a supplier of recovered siliconmaterials. It is now a vertically integrated solar manufacturer andseller of solar wafers, cells and modules. The company touts its fastgrowth and low-cost advantage from its Chinese operations. (See profile for more details). JKS debuted on the American stock market in mid-May of [...]
Jinko Solar Sets Fresh Highs $JKS
Jinko Solar(JKS) got its start in 2006 as a supplier of recovered siliconmaterials. It is now a vertically integrated solar manufacturer andseller of solar wafers, cells and modules. The company touts its fastgrowth and low-cost advantage from its Chinese operations. (See profile for more details). JKS debuted on the American stock market in mid-May of [...]
Wall Street’s Response to Jinko Solar: MEH
China-based Jinko Solar withdrew its IPO plans earlier this year due to "poor market conditions." Jinko manufactures silicon solar wafers, cells andmodules and had hoped to raise $100 million. Late last week,the firm managed to go public on the NYSE, raising approximately $64million in its maiden offering. Here’s a link to the prospectus. The company’s [...]
Jinko Solar Begins Trading $JKS
Three months ago, Jinko Solar (JKS) withdrew plans for an IPO due to poor marketconditions. The IPO market has certainly improved, but I don’t see anyimprovement in market conditions. That didn’t stop the company fromgoing ahead and opening for trading today on the NYSE with sharespricing at $11 which was at the low end of [...]