JA Solar (JASO) held an analyst day today in Valencia, Spain and remains bullish on the solar sector as well as their own company. Some highlights of the event..
– Momentum remains strong with better visibility into 2011
– Company increasing market share
– They believe they are the largest pure play solar company in the world
– Launched next gen SECIUM cells at 18.9% efficiency
– Raising its 2010 shipment guidance 1.35MW
– Customers outside of China now represent nearly half of business
Shares of JASO have reversed sharply off the morning low, but up just about 1% today. In the shorter term, the stock remains a bit overbought after a nice surge in recent weeks.