I have dipped my toe in this one today--it has the smell of another Sola to me? It may take a while to get going but is profitable and growing. Solar products--a hot area.

Nevertheless, the market seems to like the latest set of figures, sp up 22%:
MoneyAM
Solar power group Jetion Holdings pre-tax profits jumped 328% to $20.1m.

Sales for the year to the end of December rose 141% to $250.9m and gross profit increased 168% to $40.8m.

Earnings per share rose 160% to 24.0c.

Chairman Gabriel Kow said: "I am delighted to report another year of strong growth during 2008.

"Despite the turbulent market conditions that emerged in Q4 2008, the company has established a strong foundation to deal with the challenges ahead.

"I continue to be optimistic about the company in 2009 and strongly believe that we will continue to move forward in accomplishing our goals."

who are the idiots justyi and hyleo on this?

justyi seems to know the chairman in china!! so where in china are you justyi?

hyleo says sell at 27p.....duh, 150% up since then!! what plonkers as almost all shares were bashed back then. although i dont hold, i think this could be a good growth stock and todays figures seem very good across all ranges.

The results were positive even if the outlook was still concerened over the present credit crisis and economic situation.

This is a good "intro" into what will hopefully be even better results than JHL coming from CHNS on the 28th.

CHNS is getting lots of work from China Mobile, China Telecom and also China Unicom, and the spend these three are doing from now to 2012 is astronomical.

CHNS should be able to say to the market in their outlook that its all pretty positive and no concerns or worries over this year, or next, or the year after that.

Bad update, not only trading but management too.

http://www.investegate.co.uk/Article.aspx?id=200906170724120229U


.

Didn't I tell you about Roger Gai in post 43, he is a crook.
Only people like marni will be taken for a ride by this kind of people.



Jetion dismisses CEO over links with competitor
Business Financial Newswire


Solar cell firm Jetion Holdings has dismissed chief executive Roger Lijin Gai and three senior managers of the Chinese trading subsidiary over links with a competitor.

The board believes that Gai, together with the three managers, are the operators of a business in direct competition to Jetion.

The business is a producer and exporter of solar modules.

Jetion says Gai failed to disclose that his wife was a shareholder in the competing business and public records show that close relatives of the three managers are shareholders.

The board believes that, by their involvement in this business, these individuals have committed serious breaches of their fiduciary duties to the company and have material conflicts of interest.

Investigations into the circumstances giving rise to their dismissals continue and the company is taking further legal action.

The company said sales are ahead of last year but prices are down by around 40% and profits for the full year will be lower than previously expected.

justyi

i aint got this but just like most others get fed up seeing your drivel of telling folk to sell.......others make their own mind up and most dont look at bulletin boards anyway.

anyway we all know hyelo, justyi etc are same person with a minus iq......probably fat, ugly with nhs specs too

oh and its still more than 50% up from 6 months ago when hyleo predicted sell.