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JA Solar (JASO -4.8%) has sold off to the $1 range. Possibly playing a role is news that the...

JA Solar (JASO -4.8%) has sold off to the $1 range. Possibly playing a role is news that the company, which (like many solar manufacturers) has been bleeding cash, will be taking part in a $1.3B Japanese project to develop solar power plants in the country. JA's solar panels, along with those of South Korea's LS Industrial, will be used to build the plants.
Comments (5)
  • ursf
    , contributor
    Comments (134) | Send Message
     
    I wonder if JASO will be required to put up much cash in this venture. If not too steep, this should be a very positive rather than a negative development for its sales perspectives.
    24 Aug 2012, 02:11 PM Reply Like
  • louisguy
    , contributor
    Comment (1) | Send Message
     
    Finally there might be light at the end of the tunnel.
    24 Aug 2012, 03:57 PM Reply Like
  • Paul Wheatman
    , contributor
    Comments (11) | Send Message
     
    Looks like the worm have finally turned. Back up the money truck......ching ka....ching
    24 Aug 2012, 11:18 PM Reply Like
  • Paul Wheatman
    , contributor
    Comments (11) | Send Message
     
    I am a retired engineer and have invested alot of my savings in chinese solar stocks....namely JASO AND HSOL.
    24 Aug 2012, 11:21 PM Reply Like
  • Paul Wheatman
    , contributor
    Comments (11) | Send Message
     
    I wonder how this deal ties in with JASO and their 100 million share buyback program.
    24 Aug 2012, 11:26 PM Reply Like
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