We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Jetion Solar | JHL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 77.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 77.00 | 77.00 |
| Top Posts |
|---|
Posted at 26/3/2011 12:46 by mattjos TDW offering me commission free dealings in the stock.Meeting results will be made known to brokers on 18/4 .... shatres to be sold by 20/4. This is because my holding is in my SIPP & non-qualifying after 20/4 I imagine most will be selling and the Bid/Offer spread will gradually narrow to 83 as the dealine approaches. the company & its investors can be buying these from the open market at under 80p at present so a passive buy instruction might be on the books. Ig advise bets will close at 83 minus their spread on the final day. Take the cash & move on is the only realistic option , i doubt any sort of rearguard s/holder action will the slightest affect here as by the time it's organised the company will have retrenched to China. Pity but, in some ways, I understand the company's view ... they can't get the equity finance they believe they need on the AIM market at anything like fair value. If private capital is available on more attractive terms to fund the expansion required to secure and grow the business going forward, what would any one of us do in such circumstances? Had they put out this sort of outlook statement in the FY results the price would have crashed & they might then have made an even more derisory offer later in the year. Take the cash .. there's always another stock to put it into |
Posted at 22/3/2011 21:55 by mattjos Funny old game isn't it ........ EVO have happily sat on top of the Bid here for weeks, months even really .... happy to pay up to 79p for stock seemingly no matter how much was being sold.Even after losing the Nomad status they have topped the Bid at 79p Whilst my JHL holding over the last few months will net me a profit, I suspect most holders will not have as fortunate & the BOD of JHL have effectively taken best part of 70p/share from the market. the behaviour of the BOD, of EVO and of various new Asian investors here, detailed in post 3904 (just Who is this Lion Trust we ask as no amount of research can dig up anything about them?), will quite justifiably leave a few to draw some rather dark conclusions. There seems little point my getting steamed up about it .. take the money and move on but, there is a strong personal desire to make some noises about the actions of certain parties here ....... I'll wager this pops back up on the NASDAQ or Hang Seng at some future point. Creative Destruction in action i suppose. |
Posted at 09/2/2011 20:15 by mattjos Chris .. to be honest, no idea. They are BVI registered ultimately.I assume JHL's original main intent to move to HK would to be try and achieve a higher rating on the stock (the current AIM rating is ludicrous compared with its peers), increase liquidity & as a means of raising funds (at the higher rating) to fund growth .. the prior guidance to the market was that they envisaged issuing equity at the time of the move to HK. whatever the company may or may not be considering in terms of that subject, the reality is the stock currently remains overlooked and out of favour by uk investors. Even a 'significantly exceed' guidance seems to have fallen on deaf ears but, whilst the uk investor ignores the fundamentals here, certain asian investors & the company directors are filling their boots |
Posted at 12/11/2010 12:59 by chrismez Yeah - market expectations - not to do as badly as last year and not to lie to investors and shareholders any more.Non-exec Chairman running away - oh dear But at least it gives them yet another chance to find some proper managers. Perhaps they'll appoint an internationally renowned Recruitment Consultancy to scour the world looking for an appropriate replacement? Having done so they'll probably appoint the tea-boy from the Post Room! |
Posted at 29/10/2010 20:09 by mattjos SOLA had a long period in the doldrums last year around the time of its acquisition.Jetion will have lost the confidence of some investors after its postponed HK listing but, i believe the intention remains. Let's see where we stand next March, till then i hold on what i picked up in the 50's & look to add nearer March |
Posted at 29/9/2010 16:45 by mattjos quite pleased with the results & added ... but, i suspect it's a question of time now to rebuild investor confidence in the company after the HK disappointment coming so closely on the back of the Euro weakness affects being aired.Since it is most likely China buying the Euro & dumping the US$, on a long term basis, I hope Jetion have the foresight not to hedge all of their Euro earnings as i believe longer term it will work in their favour. However, they are a solar manufacturer and not a currency speculator :-) |
Posted at 31/8/2010 13:55 by cordwainer Buy China Solar Stocks, Avoid Builders, Elegant Says (Update1) Aug. 31 (Bloomberg) -- Investors should favor shares of Chinese solar companies and avoid developers as the government promotes cleaner forms of energy and maintains property curbs to restrain prices, Shanghai Elegant Investment Co. said. "China's shift away from energy-intensive and polluting industries to a low-carbon economy is one of the key investment opportunities in the next three years," Shi Bo, who oversees about $400 million as general manager of Shanghai Elegant, said in a phone interview today. He declined to say if he's buying or selling stocks. China, the world's biggest polluter, is striving to reduce its reliance on growth driven by energy-intensive industries and avert asset bubbles after stimulus spending and record loans last year fueled a jump in property prices. The nation may spend about 5 trillion yuan ($738 billion) in the next decade developing cleaner sources of energy, Jiang Bing, head of the National Energy Administration's planning and development department, said in July. Shi, whose fund beat 98 percent of China-domiciled funds in the past year according to data compiled by Bloomberg, said China's economy is a transitional phase. "You have to invest in sectors that the government is advocating." Property Curbs A measure tracking Chinese property stocks has slumped 25 percent this year, the most among the Shanghai Composite Index's five industry groups, as the government limited lending and restricted multiple-home purchases to cool property prices that rose a record 12.8 percent in April. Vice Premier Li Keqiang this month urged local officials to accelerate construction of public housing. "The property sector will face increased public housing supply and is vulnerable to further measures if prices don't decline," Shi said. The property stock gauge has rebounded 11 percent since this year's low on July 1, helping drive gains in the broader index, as China's cooling economy spurred speculation the government will ease property curbs and relax lending targets. "A slowdown in economic growth in the second half has raised expectations the government may loosen policy," Zhang Dongyun, Shanghai-based strategist at Haitong Securities Co., the country's second-largest brokerage by market value, said in a report this week. Zhang said investors should buy the nation's stocks on "near-term pull-backs." China's industrial output rose the least in 11 months in July, while retail sales growth eased and new loans climbed less than estimated. Gross domestic product growth dipped to a 10.3 percent annual pace in the second quarter from 11.9 percent in the first three months of the year. Baoding Tianwei Baobian Electric Co., which has units making solar panels, has declined 21 percent this year. Wuhan Linuo Solar Energy Group Co., the manufacturer of solar energy conversion materials, has lost 20 percent. That compares with a 20 percent drop in the Shanghai Composite. To contact the reporter on this story: Chua Kong Ho in Shanghai at kchua6@bloomberg.net Last Updated: August 30, 2010 23:53 EDT |
Posted at 07/8/2010 00:10 by a_hamid 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! |
Posted at 04/6/2010 20:33 by robmal Jetion hopes to catch light in Asia listing==================== By Philip Stafford Published: June 4 2010 01:48 | Last updated: June 4 2010 01:48 The planned listing in Asia of Jetion Solar Holdings throws up a potentially awkward issue for London's junior market. Gabriel Kow, the group's chairman, had some forthright words about Aim, and Jetion's performance, at the solar cell maker's full-year results last week. Talking about the group's plans for a second listing in Hong Kong, he expressed his frustration with the London quote. "We were only trading at two-times a price-earnings ratio," he said. "On Nasdaq it would be worth 15 times. We hope the Hong Kong market will give us a better price. We believe there is a better appreciation of solar in Hong Kong. "This is a conservatively managed business. There is generally a negative perception of Chinese companies." Mr Kow's concerns are worth examining. Jetion came to Aim three years ago, looking to London to raise funds as it lacked the track record it needed to list on other indices. It placed 25m shares to raise £30.5m via its then-nominated adviser Collins Stewart, and the listing price of 151p gave it a market capitalisation of £112.1m. The intention was to tap into the potential of the global solar power industry to build a leading company in the sector. For a while it appeared to be making good on its targets. In 2008, it was ranked second in the prestigious "Deloitte Technology Fast 500 Asia-Pacific" list, which charts the fastest growing companies in the region. Suffice to say, it has not quite worked out that way so far. Jetion's results last week showed turnover for the year fell 29.5 per cent to $176.8m (144.8m, £120.5m) from $250.9m, although pre-tax profit rose 6 per cent to $21.3m. An accompanying warning that full-year profitability was largely dependent on euro strength knocked nearly 30 per cent off the equity value of the company. The shares, which once traded as high as 172p, closed on Thursday at 76½p. However, Jetion's problems were inexorably tied with the photovoltaic industry, which had an awful 2009. Module prices slumped 40 per cent as overcapacity plagued the sector while global economic contraction slowed demand for renewable energy. The industry oversupply largely came about as Spain reduced the generous feed-in tariffs and implemented annual installation caps. According to Solarbuzz, the US photovoltaic consultancy, the market expanded by just 6 per cent compared with the 110 per cent growth the year before. But recent signs from the industry have indicated demand returning. Jetion had increased solar module production capacity from 60MW to 75MW during the year and will more than double that total again as it looks to meet increasing demand in China. However, it is a little difficult to have sympathy over the issue of valuation, which is a difficult calculation in a developing, often loss-making, industry. Its shares trade on an undemanding 0.5 times sales, which accurately reflects its exposure to adverse currency effects as its costs are in renminbi while its sales are almost exclusively in euros. And indeed, Jetion's valuation has halved. But it's no worse than the performance of rival PV Crystalox Solar. The UK's largest maker of photovoltaic silicon wafers happened to list on the main market in London just a week earlier than Jetion. Its shares have fallen 60 per cent since then. Furthermore, complaints that technology companies gain higher valuations on Nasdaq have been heard far longer than Jetion has been on Aim. The Chinese "perception" issue is another matter. Investor confidence in companies from China has been recently damaged by a series of corporate governance incidents. Unfortunately, Jetion is another such case. Last year the board dismissed its chief executive and three senior managers for alleged "breaches of their service contracts and fiduciary duties", believing the four were the operators of a rival that was in direct competition with Jetion. However, the anti-Chinese line is hard to prove or disprove. While the actions of the previous management were a problem, it appears to have done little long-term damage to the business, and plenty of foreign companies and investors have been well received in London. Equally, it is not hard to see why investors are wary. An informal parting of ways between Jetion and the London market seems an inevitable but frustrating outcome. If Jetion does overcome its stumbles and succeeds in attracting a higher valuation in a fast-emerging market, it could be a blow to the perception of Aim as something more than a fund-raising market for new companies. If not, Jetion's claims will ultimately sound hollow. URL: |
Posted at 19/3/2010 10:42 by foodcritic 19 March 2010Jetion Solar Holdings Limited ("Jetion" or the "Company") Hong Kong Stock Exchange - Submission of A1 Jetion Solar Holdings Limited (AIM:JHL), the manufacturer of high quality solar cells and modules, announces that it intends to seek a listing on the main board of The Stock Exchange of Hong Kong Ltd ("HKSE") by way of introduction ("Proposed Listing"). It has today submitted its application for the Proposed Listing (Form A1) to the HKSE. The Directors believe that the Company will benefit from having a dual listing status in Hong Kong whilst maintaining its trading status on AIM, as this will: · provide exposure to two equity markets, in Europe and Asia, which have different investor profiles · facilitate investment by Hong Kong based investors thereby enabling easier access to the funding pools available there · broaden the Group's profile in Hong Kong and the PRC, where its operations are principally located Commenting on the proposed dual listing, Chairman Gabriel Kow said: "Our business in China is expanding fast and we believe the time is right to broaden our access to investors in the territories where we are based. However, we remain committed to our listing in London, particularly as we are expanding our footprint in Europe." E N D S |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
