Updates

Jetion

May 2009

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.

Jetionâ€™s results for the year to 31 December showed sales up 141% to US$251m reflecting a huge jump in output from 35.2MW to 65.3MW. Pretax profit was US$20.1m for eps of 24 cents on a nil tax charge. Net cash at the period end was US$3.6m. As it was, Jetion has been expanding its capacity very quickly. In the second half of last year, Jetion added two new 25MW production lines, taking total capacity to 100MW. Meanwhile, as well as adding cell capacity Jetion is also configuring more of its cells into modules to retain more of the margin for itself. It increased module capacity from 40MW to 60MW so that it sold a higher proportion of modules (45.1MW) as opposed to cells (18.2MW), which attract a higher price The solar ind ...

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Debenhams

May Gurney

Jetion (March 2009)

Jetion (February 2009)

Jetion - Broker sets 200p target (October 2008)

Jetion - Prospective PE of 4.7 (August 2008)

Jetion - Seriously undervalued by US standards (May 2008)

Jetion - Shares rise 22% on the month (February 2008)

Jetion (January 2008)

Jetion (October 2007)

Jetion - Highly ambitious solar cell manufacturer (August 2007)

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.

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