Jetion Solar Share Discussion Threads

[a_hamid] 07/8/2010 00:10

My email inquiries into the following have also gone unanswered and undefended by 3 department managers; Sales & Marketing, Investor Relations, and the Human Resources managers.

JHL's press release of 2007-07-06, posted on investegate.co.uk, states in part:

Chris Xunan Chen (aged 39) Corporate Development Director

Mr. Chen has been the Managing Director of Leofibo Holdings, a consultancy firm
offering advisory services to clients in North America and Asia and in
particular in China. Mr. Chen has also been President and Director of CY
Oriental Holdings Ltd, a listed company on the Toronto Stock Exchange. Mr. Chen
stood down from his position as President of CY Oriental Holdings Ltd on 5 June
2007 to focus on his various commitments to the Group. Mr. Chen has over 15
years' experience of international business development experience.

Does anyone have anymore information about Chris Xunan Chen (AKA Chen Xunan, Xunan Chen or simply Chris Chen) or a solid rumour that Chen is connected with both the stated JHL legal matter and another similar legal matter involving CY Oriental Holdings?

Furthermore, the fact that CY's listing on the TSX was an apparent failure due to regulatory problems, and the rumour that Chen was, and still may be, involved with JHL's public share dealings with AIM and their efforts to obtain an HKEx. Listing, makes me wonder is I should cut my losses now and move on.

If there is more to these "Legal" matters than meets the eye, and if the rumours surrounding Chris Xunan Chen's involvement are founded, as I believe them to be, what is the likelihood of a successful JHL listing on the HKEx?

Maybe CHRISMEZ is right. What good is a reply if management can't be trusted to be forthright!

[chrismez] 05/8/2010 13:55

Would you like those replies in Chinese or Italian?

And would you like those replies to tell you the truth and would you prefer to be misled and lied to?

[cool_hand] 04/8/2010 17:49

Maybe they could reply to my emails!!!!!!!!!!!!!!!!

[cool_hand] 27/7/2010 08:29

Maybe they should of tried marketing their wares in India:

[cool_hand] 27/7/2010 08:16

I lost a bit here to. Out for now though.

[cool_hand] 22/7/2010 20:57

Agree with CHRISMEZ, they have truly ruined this.

When is the HK listing scheduled for?

[loafingchard] 21/7/2010 12:08

So you dont like it then ?

[chrismez] 20/7/2010 21:09

Having been in both JHL and SOLA over the years, the correlation between the two was quite noticeable.

Not any more though.

As SOLA powers on towards 250p, JHL is diving below 50p

JHL's Chinese Managers and Directors are directly responsible for this divergence and for JHL's ugly prospects IMO

Think JHL will remain a dog for quite a while now. The only possible ray of light on the horizon is the HKex listing. Other than that ....... ugh!

[cool_hand] 14/7/2010 21:47

some more large trades, what is going on here?

[renaissance] 14/7/2010 21:23

she has a long way to go before I see a profit!!

[ben gunn] 14/7/2010 20:15

Go JHL Go!

[cordwainer] 10/7/2010 17:14

Never mind, any modules they don't sell can be added to their solar farms and sell the electricity from them instead.

[cordwainer] 10/7/2010 16:23

.. say it again, in the style of - Vincent Price :-D

[dicko80] 09/7/2010 14:11

im still on the sidelines @ the min....

to invest or not to invest ??

[liyangnano] 09/7/2010 14:03

we should see one RNS about those large trades happened in the last afternoon.

[liyangnano] 09/7/2010 14:01

Good enviroment and hot money for SOLA in china now.
anyone want to bid for JHL now? too cheap.


Yingli $5.3 Billion Loan May Boost Solar Panel Supply
July 08, 2010, 10:31 PM EDT

By Stuart Biggs and John Duce

July 9 (Bloomberg) -- China may double the world's capacity for making solar panels by loaning Yingli Green Energy Holding Co. 36 billion yuan ($5.3 billion) to expand production, a Bloomberg New Energy Finance analyst said.

The funds from the state-run China Development Bank Corp. follow an agreement to lend as much as 50 billion yuan to Suntech Power Holdings Co. in April. Some 30 billion yuan was also loaned to Trina Solar Ltd. by the bank in the same month, according to New Energy Finance. The three New York-traded companies are China's biggest solar firms by market value.

"The loans are enough to increase the world's solar wafer and cell capacity by 100 percent," said Jenny Chase, head of solar-energy analysis for New Energy Finance in London. "It will allow the Chinese companies to deliver unprecedented economies of scale."

The money will allow China to strengthen its position as the world's largest maker of solar panels used to generate electricity from the sun's rays. Yingli and its Chinese competitors shipped 43 percent of the world's solar panels last year, according to the London-based research group owned by Bloomberg LP.

Yingli will use the funds to finance both domestic development and boost its overseas business, the Baoding-based company said in a statement on its website. The company didn't provide further details or disclose terms of the loan.

China Development Bank also extended an eight-year loan of $70 million to Yingli in December 2008 to fund expansion. The company said in a separate statement it has started production on a solar panel factory able to make 400 megawatts of generation capacity a year.

Capacity Expansion

Yingli expects its newest production lines to reach full capacity by the end of the third quarter, raising its total output capacity to 1 gigawatt. The China Development Bank loan may be enough to raise Yingli's production capacity to as much as 5 gigawatts, Chase said.

The 50 billion yuan loan agreement with Suntech may be used to help expand output capacity, said spokesman Rory Macpherson.

"The strategic agreement signifies China Development Bank's confidence in the ongoing growth of Suntech and the solar industry," he said. "The use of the funds was not specified though could potentially be used for capacity expansion."

--With additional assistance from FeiFei Shen in Beijing. Editors: Reed Landberg, Steve Walsh.

To contact the reporters on this story: Stuart Biggs in Tokyo at [e-mail].

To contact the editor responsible for this story: Reed Landberg at [e-mail].

[cool_hand] 09/7/2010 13:41

very strong downtrend here now, what can stop it's freefall?

[dicko80] 09/7/2010 08:12

Looking at them they would appear to be buys with the 10k @ 52p a sell, a rollover for the first large trade of 2.83m

8-Jul-10 16:48:14 53.00 1,142,754 52.00 54.00 605.66k

8-Jul-10 16:47:04 53.00 1,687,246 52.00 54.00 894.24k

8-Jul-10 16:44:19 53.00 2,830,000 52.00 54.00 1.500M

8-Jul-10 16:03:37 53.00 2,830,000 52.00 54.00 1.500M

8-Jul-10 16:03:33 53.00 2,830,000 52.00 54.00 1.500M

8-Jul-10 15:39:28 52.00 10,000 Sell* 52.00 54.00 5,200k

[rkhl] 09/7/2010 08:09

15% of the company!

[cool_hand] 08/7/2010 23:01

Huge trades after hours?

[uplink] 08/7/2010 11:05

In these less than great share price days, maybe worth a little reflection on a few lines from the Preliminary Results issued less than six weeks ago on 28/5/2010...

Following the management changes in June 2009, we undertook an extensive review
of our sales strategy, sales channel structure and market segmentation to ensure
that the Company had and continues to have a strong market position and order
flow.

During the year we increased our solar module production capacity from 60 MW to
75 MW and maintained our solar cell production capacity at 100 MW. In April this
year we increased our solar module capacity to 200MW and plan to increase our
solar cell capacity to 200 MW during the second half of 2010.

In March 2010 we applied to the Hong Kong Stock Exchange for our shares to be
admitted to trading on the Hong Kong Main Board and it is expected that this
listing process will be completed in the late summer.

So, Solar cell production to double this year - fingers crossed, those words support a better future.

[chrismez] 05/7/2010 13:13

Sorry chaps but yet another whammy to add to all the others recently.

Read in the Sun Times at the weekend that Italy has slashed its feed in tariffs from Solar energy by 18%. Other slike Germany and Spain soon to follow.

But as JHL took the brilliantly perceptive decision to concentrate its sales on Italy .... errrr - things look rather bleak.

I agree with cool hand - another leg down for sure.

Might think about topping up when we reach 25p again but only if we can get some new and able managers in.