Add a New Bears Reason

Company: JA Solar Holdings, (JASO)
Current price:
Headline: (100 character max)
Analysis:
Cancel
66%
agree
6 votes

  Credit Suisse Lowers Price Target

Credit Suisse lowered JASO's price target from $17.00 to $10.00. Other solar companies such as ReneSola (SOL) and Suntech Power Holdings (STP) were similarly affected as a result of the economic downturn.

(100 character max) Cancel
100%
agree
1 votes

  Credit Suisse Lowers JASO Price Target

Credit Suisse lowered the price target on JASO from $17.00 to $10.00. Other solar companies seem to be similarly affected due to the economic downturn.

(100 character max) Cancel
0%
agree
0 votes

  JASO Hurt by Collapse of Lehmann Brothers

JASO maintained a close relationship with Lehman Brothers so the investment bank's collapse has particularly strong implications for JASO. Specifically, a $100M loan to Lehman will most likely not be repaid. JASO loaned shares of its own stock to the company that cannot be recovered and will therefore dilute current shareholders. Lastly, JASO purchased a call option from Lehman under a $17M contract which they will not be able to capitalize on and their investment is lost.

(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki