Not by selling solar panels, but by massive share holder dilution. This is what happens when you screw the big boys. See u at $ 15 after earnings, oops what earnings?
Keep drinking the cool aide fool.Chinese solar companies have zero profits & huge debt. See you at $10
Sorry but ALL ANALYST SUCK. The toilet paper I wipe my #$%$ with is worth more then their analysis... Remember pumper Barclay? Pt $51. Lol Get real...
What ever happen to all the pumpers on Seeking Alpha? Another bunch of clowns. Some of those fools were saying JKS would earn $4 to $5 this year & $8 to $9 next year. Lol...
JKS will be lucky if they break even. Short away.... Going to $10 or less...
Hoping for good results from TSL? No way in hell, they are ready said this qt sucks, which means next qt well to.
JKs was trading around $31 when good old pumper Barclay came out with his insane pt of $51, now trades at $22 & falling fast. JKS at best is a $10 stock. Short away & make a killing...
SHANGHAI, May 6, 2014 /PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (JKS), a global leader in the solar PV industry, today announced that it reaffirms its guidance for the first quarter of 2014 and full year 2014: total solar module shipments are expected to be in the range of 440 MW and 470 MW for the first quarter of 2014 and total solar module shipments are expected to be in the range of 2.3 GW to 2.5 GW, with total project development scale expected to be above 400 MW for the full year 2014.
Almost half way into 2014, there is little clarity on Beijing’s intentions with the solar industry.
Optimism was running high late last year, with analysts and industry insiders anticipating a 14GW target for 2014. But investors now realize the government’s goal of 6GW utility projects and 8GW distributed projects is unattainable, because there is not enough financing for the distributed projects.
Year-to-date, Yingli Green Energy (YGE) slumped 42%. Trina Solar (TSL) fell 22%. Jinko Solar (JKS) retreated 14.9%. Canadian Solar (CSIQ) fell 14.3%. JA Solar (JASO), the least leveraged among the Chinese solar names, fared the best, gaining 2.6%.
In the first half this year, demand has collapsed, according to a report published by Deutsche Bank today. Its analysts Vishal Shah, Jerimiah Booream-Phelps, and Susie Min estimate demand in China to have declined from around 6GW in the fourth-quarter last year to 1GW in the first quarter, and the Chinese solar companies they spoke to expect the second-quarter to reach 3-4GW only.
Demand from the distributed projects segment remains weak. None of the companies Deutsche spoke with expect distributed segment to reach the 8GW target. 2GW is a more realistic goal.
If the government sticks to its 6GW utility project target, solar demand in China is likely to be 8GW only. That said, Deutsche pointed out the Chinese solar companies expect the government to continue issuing utility project licenses after the industry hits 6GW target.
starts coverage on JinkoSolar (NYSE: JKS) at Overweight with a price target of $51.
Analyst Vishal Shah sees JinkoSolar generating 49 percent EPS CAGR over the next two years given:
Jinko is one of the most cost-effective solar module makers in China and we think it can continue to generate c20% GPM for its module business with a stable ASP profile;
Jinko is diversifying into Japan and the US from China, which should improve its blended ASP; and
Jinko is an early mover in developing downstream solar farm projects which we think will start to generate stable revenues/profit stream from 2014E, which would greatly reduce business volatility and enhance ROE.
Cell/module prices could also increase if China increases its cumulative solar installation target to 50-GW by 2015.
What a joke now trading at $24.40 & sinking fast
health care fraud and distribution of this controlled substances . Insy well go under!!!!.