The world does not consist of china only. 2013 had about 36gw demand for solar, next year it is estimated to grow to 40-60gw. That is a significant increase.
Sentiment: Strong Buy
no problem the hot new market is japan , Japan installed 3 gigawatts in Q3 check Reuters, Africa is now becoming a large solar panel market , India will be in solar news big time too,so trust me there are over 250 country's in the world
do not be short a profitable solar stock in a booming market, realistic jks is a gem, it will see minimum $100 per share
in the future.
target price $40, too bad for the retail shorts, china is big time sol does not speak for china , look
at buying in anytime as this will shoot to $40.
After all these upgrades we still go down hard. What is this? Are these analysts cheating everyone by upgrading at the top and downgrading at the bottom.
I have followed and lost tons of money on SOL. I think their executive team is a bunch of reckless unsympathetic to their investors. They are horrible and the more I am learning about them, the worse I think their CEO. Remember their CEO just made a $208 million dollar mistake so really, how good is he? The market gave him too much credence. However, with that said, it wasn't just China solar that was hit today., but they were hit harder than the rest.
I don't think JKS has any particular bad news, it's all chinese solars taking hit due to profit taking. They all went high too quickly.
Sentiment: Strong Buy
SOL is closing a plant, JKS is running at 100% capacity. SOL predict low orders and JKS says lots of new orders. SOL tons of debt, JKS has almost none. SOL loses money, JKS makes money. If you are going to do business with someone, which of those solar suppliers are you going to use on a long-term DG deal?
SOL expects China market to be less than 10GW NeXT year, Distributed solar not "ready" for scale up, they have solar projects Connected that have not yet received and FIT in hard cash. Well, then maybe 45% Down on moinday.
How are they going to achieve 35 G target by 2015 if there will be only 10 G in 2014 and only 12 G in 2013? The government does not make up numbers to cheat themselves. SOL does because it will make the management look better than they truly are.