Is it still manipulated geniuses? People come on here and try to pump up this stupid Chinese stocks. If you are a new investor, don't invest in China. It's not worth it no matter what anyone in here tells you they are liars or have ulterior motives.
Sentiment: Strong Sell
DEQI enters the big leagues with announced launch of major mobile game title. Management says October launch will be based on $2.788 billion box office movie title
... it is very true some MMs are manipulating JKS as they do always... be a Chinese firm, it is tough here... Yet, thing will get a "relatively fair" treatment given the nature of investors, who want profits and more profits... who will let go a nice company such as JKS in the end?
I have been with this company for a long time... made some fortune... who knows, a salvo may be in the making...
good luck... be patient!
Sentiment: Strong Buy
The anals bashed it this morning. Probably manipulation. It has the best fundamentals of all the solars.
I agree whole heartedly! SCTY EARNINGS R so far in the Red AND current Qtr and next Qtr R worse Estimates than previous QTR
Declining margins by 10%
Lost capacity of ~75MW/Q
Q4 shipments flat to Q3 guidance based on midrange year end shipment guidance
Project ramps very slow in first half of year.
Debt increasing significantly due to projects
Account receivables days outstanding increasing.
Please name your positives
Mine is lower production costs $0.33-$0.34
JinkoSolar Conference Call Highlights
Today 12:09 PM ET (Benzinga)Print
JinkoSolar (NYSE: JKS) reported its second quarter earnings. Shares of the company are fairly neutral.
Below are some key highlights:
â#$%$¢ Total revenues increased 20.8 percent sequentially, and 37.8 percent year-over-year with total solar product shipment, increasing 13.5 percent sequentially, and 34.8 percent year-over-year.
â#$%$¢ Our revenue streams continue to diversify with continued growth of our downstream business.
â#$%$¢ We secured US$225 million in private equity financing during the quarter for Jinko power, our subsidiary that develops and operates our downstream solar power project business.
â#$%$¢ I believe that Chinese market will remain the largest market this year as we look to maintain our leading position there.
â#$%$¢ We once again reached our shipments and profitability target for the quarter, helping to once again reinforce our confidence to meet our full year guidance.
â#$%$¢ We expect to see our five year period of rapid growth beginning this year, with 91 percent of PV module demand coming from silicon existing modules.
Financials and Results:
â#$%$¢ Gross margin was 22.6 percent in the second quarter of 2014 compared with 24 percent in the third quarter of 2014 and 17.7 percent in the second quarter of last year.
â#$%$¢ Total operating expenses in the second quarter of 2014 were US$48.1 million, an increase of 6.8 percent sequentially and an increase of 91.7 percent year-over-year.
â#$%$¢ Net interest expense in the second quarter of 2014 was US$11.5 million, an increase of 17.3 percent sequentially and an increase of 22.3 percent year-over-year.
â#$%$¢ Solar prices for China and to the USA have increase more than 9 percent in the very short period, while export from China to Europe fell over 62 percent last year.
â#$%$¢ Regarding Europe, while we expect over 7 gigawatt for the whole year 2014, we are facing anti-dumping and countervailing duties challenges.
â#$%$¢ Regarding marketing, we have been attending conferences and exhibitions around the world, including in the USA, in Europe, particularly in the UK, Asia-Pacific and emerging markets
often times that means news is coming,,, soon, which still would be Manipulation cause someone always knows the news B4 us Retailers,,, jmo, gallen
If investors worry about the industry as whole, they should worry the valuations of FSLR, SCTY, SUNE and SPWR... those companies have little or no advantages than CSIQ and JKS outside the united states.
do not the seesaw make you wonder about the potential value in JKS, which no doubt is one of best solar stock in town.
Sentiment: Strong Buy
This is disgusting........every solar company listed on my watch list is up today EXCEPT JKS!! Tell me this is not pure manipulation so the shorts can close positions and move into long positions. Is there anything the retail investor can invest in these days without it being so easily manipulated?
At some point the SEC is going to have to put an end to the rampant corruption displayed on Wall Street.
Sentiment: Strong Buy
The company management talked way to long in the introductions.
Then they gave long winded answers to yes and no questions.
They gave no solution for the US shipments and tariffs nor an explanation to the impact.
Then at the end they guided margins down to below 20% or below
JKS is must own for Solar sector,
PE less 8, grow rate more than 100%, industry grow in next 5 years
Go with JKS, Should see huge up side ahead
either that Or, the big OR they R ACCUMULATING, loading up the trucks for the coming 2 QTRS,,, jmo, gallen