Categories
China Stocks

Focus Media FMCN is on the Focus

Reading Time: < 1 minute

It will report the earnings after market today. The Street est. earning is $0.62, but I think the whisper number is much higher. In other words, even if it beats the earning, if it issues a soft guidance, the stock may get punished tomorrow. This is the danger of  “playing ERs” with hot stocks. Interestingly, Sage Brennen has this question regarding “does this screen work”. Actually I had same question before, one of the reasons I did not buy FMCN.

Categories
Business China

Chinese Solar Stocks are Hot

Reading Time: < 1 minute

First is the SunTech Power (STP), it came to NYSE a little more than a year ago. The stock almost doubled from its debut. The company is founded by Australian Haigui and based on Wuxi, Jiangsu province. This is the largest Chinese solar panel marker and it’s profitable.

Then comes the Canadian Solar (CSIQ). Don’t know why it’s called Canadian. Maybe founded by Canadian Haigui? Anyway the company is based in Suzhou, Jiangsu province.

Just before Xmas 2006 two new players joined the party. Solarfun (SOLF) is based in Qidong, Jiangsu province. The rumor is the founder came from SunTech Power. Trina Solar (TSL), is based in Changzhou, Jiangsu. TSL is hot in last few days (don’t know why, not my specialty).

Last but not least, here comes the JA Solar (JASO). From its prospectus it’s from Hebei. The CEO worked for SunTech Power before founding the company.