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The Company is a manufacturer of solar cells based in China.
JA Solar, and the entire solar sector for that matter, gets absolutely no respect. What I appreciate from JA Solar is the fact that the company works on getting its contracts filled well in advance. In 2011 more than 90% of its contracts are worked out. This may lead to some disadvantages margins on occasion, but I'll take my chances with guaranteed cash flow any day than running into a lights out scenario like that which we saw at Evergreen Solar. I'm placing a limit buy at $4.48 and attempting to snag this at something like 4 times EPS, possibly even less. For more information on JA Solar, you can read why I picked it for the 10 small caps to rule them all series:http://www.fool.com/investing/general/2011/04/20/10-small-caps-to-rule-them-all.aspxTMFUltraLong
Numbers are outstanding. I sure winner BUT CAN YOU BELIEVE THESE NUMBERS? WHO ARE THE AUDITORS FOR THIS COMPANY? CHINA IS A SWAMP OF FRAUDULENT FINANCIAL STATEMENTS
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