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Jetion - Prospective PE of 4.7

August 2008

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • JHL
  • Price:
  • 93p
At the AGM, Jetion reported that it experienced a strong first half in both sales and profits and performance is well ahead compared to the same period last year. In addition, the production expansion from 50MW to 100MW per annum cell capacity was completed three months ahead of schedule in June and is already running at full capacity. The additional capacity is already sold out with strong demand from Germany and also in Spain (where installers have made a dash to complete work ahead of a possible move by the government to cap subsidies). Meanwhile, there has also been an increase of 5.4% in the average selling price compared to the same period last year. We had mentioned that we expected Jetion's capacity to come on stream earli ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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