Kicky : Warum man Jinkosolar kaufe sollte
JinkoSolar shares sold off, then rallied on Q3 earnings.
The first must have been a mistake, as there really wasn't any bad news in the figures or revealed during the CC..
The market seems favorable for the shares to rally further as the market expands further, prices are stable, trade frictions might be resolved and the company benefits from an increasing.
We do not really see major risks. The shares have been selling off on the fall in the oil price, but apart that OPEC could revive these, we don't see why this is bad for solar. Oil and solar aren't substitutes.
The major risk is, as usual, the development of overcapacity in the industry, leading to ASPs falling faster than productivity and cell efficiency gains, eroding margins. There are few, if any signs that this is happening,