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Jinko Solar Down more than 20% since listing ; I told you so

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Jinko Solar is fundamentally a low quality stock.I wrote about Jinko’s IPO a few days ago pointing out the severe shortfalls that the company suffers from– Green IPO Jinko Solar Analysis – Extremely Low Quality Offering Seems to be Done in Desperation

The 23.6% GM is a one off I think and it will be tough for the company to maintain it in the long term.It might benefit temporarily from low spot polysilicon prices but that won’t last long . With small scale,high transportation costs,little experience and no differentiation it is remains a highly risky stock with very little chance of any upside in my opinion.Currently at 2:15 pm EST It has underperformed both the S&P and the sector ETF since it has listed.

PG

Sneha Shah

I am Sneha, the Editor-in-chief for the Blog. We would be glad to receive suggestions, inputs & comments on GWI from you guys to keep it going! You can contact me for consultancy/trade inquires by writing an email to greensneha@yahoo.in

One Response so far | Have Your Say!

  1. Erasmo Kruzan

    I loved your article.Thanks Again.