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odyd

JA Solar (JASO)

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    Hi guys , when Jaso Q4' ER will be released ? Thanks.

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    Conference Call is tomorrow 3/25 @8:00 eastern and press release may be 1/2 hour before that.

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    500MW, $268.1 net revenues, -4.6% gross margins, $88.2 mil operating loss, $102.4 net loss, -$2.65/sh, operating cash flow negative $4.4 million Business Outlook For the first quarter of 2013, the Company expects total cell and module shipments to be between 410MW and 430MW. For the full year 2013, the Company expects total cell and module shipments to be between 1.7 GW and 1.9 GW. Manufacturing Capacity Update In the fourth quarter of 2012, in an effort to streamline production processes and increase production efficiency, JA Solar retired 300 MW of cell production capacity and 300 MW of module production capacity. As of December 31, 2012, JA Solar had an annual wafer production capacity of 1.0 GW, an annual cell production capacity of 2.5 GW and an annual module production capacity of 1.8 GW. JA Solar intends to maintain its annualized wafer, cell, and module capacities in 2013. http://finance.yahoo.com/news/ja-solar-announces-fourth-quarter-103000098.html

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    Who knows. I'm sure the street already knew what they were going to do with JASO since Friday.

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    The company projects first quarter sales of 410 to 430 megawatts of cells and modules, sharply lower than the 500 megawatts sold in the fourth quarter. For the full year, shipments are forecast at 1,700 to 1,900 megawatts, compared with about 1,700 megawatts this year. The company said nothing about prices or revenues, so there is little reason to believe that JA Solar’s results will improve much in 2013. Also margins were -3.3% for normal business expiring writedowns. Expecting little to no YoY growth on shipments. Many other solars seem to have stronger outlooks and margins than JASO. Nothing to write home about with this one. But again with it being so depressed wouldn't surprise me to see it dip at open and rally. Who knows.

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    Fourth Quarter was revised before ER announced to be 25% Higher than Company earlier projected. 1'st Quarter Shipment is always lower than 4'th Qtr's. Still Higher than what they originally estimated 4'th Quarters to be. I believe they said 1'st Quarter could see positive marigins. JA has one of the Best Cash Balance Sheets

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    Have you gotten a grip on their Q4 cogs? How are they doing on transparency?

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    Klothilde, they are not the only one. Only bankrupt STP is green. We must be in bizarro world :(

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