Remember the downgrade by two analysts down to $16.00+ not very long ago. Whoever sold because of their reports should sue their #$%$ off.
Overall I think we will see upside for JKS in the short-term. Perhaps a pullback next day or so could occur I suppose but are yall also seeing a further leg higher? Im not sure about you guys but awe_some_stock.s has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
Yahoo Finance Insights
JKS is up 6.84% to 20.73
Looking good for JKS second half of 2017 through 2018. Fair values around $27-$33 Couldn't believe it sold off the way it did 9 months ago. Looking good now though----should be a good Long Hold. We will see
jks is not doing very well on profit side crazy to see it rise
earning 0.38 vs 0.48 estimated because of increase in wafer cost due to shortage (good/bad) to be improved next qtr. Increase in revenue from past qtr and earning is big improvement as well taken out the sale of solar plant last qtr. Demand continue to improve next qtr.
this will go to $18.35 today
fadts vs analysts: Analysts: Revenue is decreasing Facts: price in US is increasing. china demand is strong. More countries adapt clean energy policies. Price: analysts: price is decreasing Facts: ASP is stabilizing. 2018 nobody knows.
it may go up today
#Strong buy of JKS
I have tracked JKS for several years. JKS is really a good company, with aggressive and international vision management, especially Xiande Li and Kangping Chen. At first, JKS was only a third grade player, but today JKS's shipment ranks NO.1. There are several main reasons why I long JKS.
1.The cost of Solar power will be competitive with Coal in 2020. In fact, in some places such as India, the cost of electricity generated by solar power is cheaper than coal, this is the reason why the India government cancels 15GW's coal power. In China, the cost of solar power in XinJiang Province is about 0.09$/KW.H, which is still higher than the coal power. But in 2020, the cost will below 0.05$/KW.H. So the year 2020 is a great point for solar power.
2.China's new installment of Solar power plant last year exceeded the wind power plant in the first time. Last year, China installed about 34.5GW solar power, and 23.5GW wind power plant.
3.Market share will be contracted in the following years. Last year, SUNE went BK. This year, one of the biggest solar company SolarWolrd also went BK. Chinese companies have no competitors. Chinese solar module companies contribute 80% of the world shipment annually. JKS's shipment ranks NO.1 last year, and its market share was 9.6%. This year if JKS's shipment exceeds 10GW, then its market share will be 13.6%. In the following years, lots of non-competitive capacity will be eliminated. In fact, this process has happened in lots of industries, such as PV inverter and wind power.
4. 201 is a big noise. US market last year was 12GW. This year the India market will be more than 10GW. It is unlikely the US government will implement the 201, even it does, the impact will be controlled.
5.Valuation. In 2020, if JKS's market share can exceed more than 20%, with 20GW shipment, and the total revenue reach 6 billion dollars. At that time, the gross margin may be 20% and net income margin about 7-8%. If the roadmap is realizable, the JKS's net income will be 420-480 million dollars. Even with 5pe, JKS's upside will be more than 300%.
I long JKS.
Not long ago, two analysts downgraded FSLR to $19.00+ because of anticipated drop in volume and shrinking margin. Now, FSLR is trading at $37.00+. Market condition has changed. The biggest market for solar is going to be along the silk road, especially Middle East. JKS and CSIQ both got big contract there. Don't get scared by so called analyst. Facts on the ground is that volume is getting bigger and margin is stabilizing. An article on New York Times today, highlighted two big projects with JKS involvement in China. https://www.nytimes.com/2017/06/05/business/energy-environment/china-clean-energy-coal-pollution.html?mabReward=ACTM3&recp=2&action=click&pgtype=Homepage®ion=CColumn&module=Recommendation&src=rechp&WT.nav=RecEngine&_r=0 Off the topic, CYD of China is experiencing 30% rise in business due to Silk road projects. Yesterday was ex-dividend day for $.90 a share. The company has a habit of giving out half of their profit as dividend. If it holds true this year, shareholder might get 2.00 a share in dividend in 2018. Sitting at $17.00+ a share, rate of return of this company is much better than any banks and/or mutual funds.
China Looks to Capitalize on Clean Energy as U.S. Retreats
China, which has a considerable hold on solar and wind businesses, wants to use its technological expertise to help other countries meet their climate goals.
Downside risk pretty much eliminated now I would guess, thoughts? google awesome.stock.s - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
Such low float and a market cap lower than CSIQ, but it's three times as big ? The only possible reason for the street to value it so low might be it's debt (at $12B it is kind of a biggie). I thought CSIQ's $2.4B was making my legs feel like noodles.
JKS today announced that it has supplied 65 MW of high efficiency Eagle Series modules to Energon Solar Sources Pvt. Ltd ("Energon Solar") for one of the largest utility scale solar project in Medak, Telangana, India.
the crooked gangsters of the wall street fame(analysts of the street along with the bear/bull participants) is in full furyagainst china solars talking about anything and everything on the face of the earth like Trump dump who is fullof #$%$.
Watch out. the darn yellow haired buffon is going to make an announcement at 3:00 pm.
the so called analysts including whatever that person from Motley Fool knows that JKS is gonna give out a great quarter 'cause it's a great company. not like FSLR or SPWR etc.. the only company like JKS was TSL. they knew that they're not gonna get any appreciation and reward here and they fled. lucky those shareholders. JKS needs to move out of this damn place and gets rewarded in a huge way. US is not a big market for them anyway. even though their customers use this company. look at the timing they downgraded right before the earnings and tariffs nonsense brought up again to bring down the share prices.. a..holes
JKS is worth less than half of SPRW. It's worth less than its qrt revenue it just posted. If SPRW posted these results, it would be at least 1.5 billion MC.