image

The best stocks to buy since 1993

Latest issue now available

Jetion - Shares rise 22% on the month

February 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:
  • 145p
The shares are up 22% on the month assisted by further directorbuying (Jiezhen Yang adding 350,000 shares to take her holding to59.3%) and also a very promising trading update, which said Jetion hasslightly beaten its FY07 expectations. The statement noted full yearproduction of 35.2MW against broker forecasts of 33MW; module assemblycapacity being expanded to 40MW, doubling broker expectations; whilstJetion has also pushed through price increases in response to risingraw material costs. The outlook for FY08 is also strong with productionequipment deliveries expected to be ahead of schedule, albeit not yetrecognised in broker estimates.Collins Stewart has upgraded its FY07 pretax forecast from US$10.5mto $11m (eps 15 cents). Targe ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe