Tuesday, May 18, 2010

First Solar IPO in many a Month Emerges; JinkoSolar Holding Co., Ltd

First Solar IPO in many a Month Emerges; JinkoSolar Holding Co., Ltd
Solar Stocks and Market Commentary from J. Peter Lynch
South Salem, New York- May 18 2010 (Investorideas.com renewable energy/green newswire) Investorideas.com solar columnist J. Peter Lynch reports on recent IPO activity in the solar sector.

Solar Stocks Commentary with J Peter Lynch –
http://www.renewableenergystocks.com/PL/
Subscribe to the Peter Lynch solar RSS feed

First Solar IPO in many a Month Emerges

JinkoSolar Holding Co., Ltd. (JKS) initial public offering of 5,835,000 American depositary shares ("ADSs"), each representing four (4) ordinary shares of the Company, was priced at $11.00 per ADS on Friday of last week.

The IPO raised the company roughly $60 million gross, with a post money market cap of approximately $240 million.

For detailed information and financials refer to link below:
http://sec.gov/Archives/edgar/data/1481513/000119312510120053/d424b4.htm

Credit Suisse Securities (USA) LLC acted as sole global coordinator and sole book runner, and Oppenheimer & Co. Inc., Roth Capital Partners, LLC, and Collins Stewart LLC acted as co-managers for this offering.

Jinko Solar is a vertically integrated company – which means they are involved in ALL steps of the manufacturing process: from raw silicon, to molded silicon ingot, to silicon wafer, to solar cell and final integration into panels.


By integrating all phases of the production, the company will have the opportunity to better balance each phase’s margins which may result in overall higher gross margins and greater profits. At the current time the overwhelming majority of solar stocks are underperforming the general market and have been doing so for quite awhile. The technically strongest solar stocks currently are: JA Solar Holdings (JASO), Real Goods Solar, Inc. (RSOL) and ReneSola, Ltd. (SOL). It is interesting to note that 2 of the 3 are vertically integrated Chinese companies (JASO and SOL) similar to JinkoSolar and one is a U.S integrator (RSOL) that may be benefiting from current lower panel prices.
_____________________________________

Mr. Lynch has worked, for 33 years as an independent analyst and investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for the past 17 years to the Photovoltaic Insider Report, the leading publication in Photovoltaics industry that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He can be reached via e-mail at: solarjpl@aol.com or at his new website: http://www.sunseries.net/.

About Our Green Investor Portals:

www.RenewableEnergyStocks.com is one of several green investor portals within www.Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.


About InvestorIdeas.com:

Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas.com is compensated by featured green companies, news submissions and online advertising.



Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com® or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.ource – Investorideas.com

Follow Investorideas.com on Twitter.com http://twitter.com/Investorideas
___________________________________________________________



News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/

No comments: