Solar Energy,JA Solar Holdings Co Ltd(Nasdaq:JASO)

JA Solar Holdings Co., Ltd. located at Jiang Chang San Road,Shanghai,People's Republic of China is engaged in design, development, production and sales of high-performance solar energy products. Established on May 18, 2005, JA Solar was listed on NASDAQ in the United States (ticker symbol: JASO) on February 7, 2007.
JA Solar has built two main solar cell manufacturing facilities in Ningjin, Hebei Province and Yangzhou, Jiangsu Province with a total capacity of 2 GW. We established our 500 MW PV module factory in Fengxian, Shanghai. The capacity of multi-crystalline silicon wafer factory in Donghai, Jiangsu Province is 300 MW. We are committed to the research of high efficiency solar cell in our research center in Yangzhou, Jiangsu Province, and have achieved new type solar cell with an efficiency of over 19% through protracted and unremitting efforts.
In 2009, the sales of JA Solar reached 3.8 billion RMB and annual shipments achieved 509 MW, which made JA Solar rank the world's top six and China's top three manufacturers of solar cells. It is expected to maintain a rapid growth in shipments and exceed 1.45GW in 2010, which made JA Solar the largest solar cell manufacturer in the world.
JA Solar is committed to creating sustained value by harnessing the world's sunlight. The core values of JA Solar's philosophy are integrity, persistence and teamwork. It is JA Solar's earnest desire to excel in providing solar energy products to best serve society and the environment.
JA Solar's Vision
Protect the one Earth we all share, for this and future generations
Board of Directors
1) Baofang Jin
Executive Chairman and Chairman of the Board of Directors since May 2005.
Mr. Jin currently serves as vice-chairman of the Chinese People's Political Consultative Conference of Ningjin County, vice president of Hebei Chamber of Commerce, vice chairman of Hebei Association of Entrepreneurs, executive chairman of Hebei Information Industry Association, chairman of Electronic Information Materials Sub-Association of Hebei Information Industry and Informatization Association, etc..
Mr. Jin holds an associate's degree from Hebei Broadcast and Television University in China.
2) Peng Fang
Chief Executive Officer
Appointed in January 2010.
Dr. Fang was president of Best Solar Co., Ltd., where he turned a start-up company into an internationally known solar module company in just 18 months. Dr. Fang was formerly president of Huahong NEC, one of the largest semiconductor foundries in China.
Dr. Fang has also held various technology and management positions at Applied Materials and AMD in the U.S.
Dr. Fang received his Ph.D and MSEE degrees from the University of Minnesota. He was also a postdoctoral research fellow at the EECS Department of UC Berkeley. Dr. Fang was chairman of the IEEE Electron Devices Society, Santa Clara Valley Chapter.
3) Jian Xie
Chief Operating Officer appointed in January 2010. Since joining JA Solar in April 2006, Mr. Xie has served in such capacities as the company's director of corporate finance, director of investor relations, assistant to the chief executive officer, secretary of the board of directors and vice president of Sales.
Prior to joining JA Solar, Mr. Xie worked in the investment banking department of Ping'an Securities Co., Ltd., and as an associate in the investment department at Dogain Holdings Group Co., Ltd.
Mr. Xie received his master's degree in finance from Guanghua School of Management at Beijing University in 2004.
4) Anthea Chung
Chief Financial Officer appointed in January 2009.
Ms. Chung has more than 16 years of financial management experience at public and private companies, including most recently the chief financial officer position at Solar Enertech Corp., a public company that manufactures solar cells and solar modules in Shanghai and Menlo Park, California. She was also former vice president and corporate controller at RAE Systems in San Jose, California, a US-listed company manufactures high-tech gas detection equipment. Ms. Chung began her career as an auditor and worked over eight years for PricewaterhouseCoopers.
Ms. Chung earned her Bachelor of Science degree in accounting at Indiana University and is a certified public accountant registered in California.
5) Yong Liu
Chief Technology Officer appointed in September 2010.
Mr. Liu has more than 15 years of operation management experience at semiconductor wafer and solar cell manufacturing facilities. Prior to joining JA Solar, he served as fab director at Semiconductor Manufacturing International Corporation (SMIC), responsible for running three 12-inch wafer foundry fabs, which were the most advanced wafer fabs in China. Mr. Liu had held various management positions in R&D and manufacturing since joining SMIC in 2001. Previously, Mr. Liu worked as deputy production manager at Wacker Siltronic Singapore.
Mr. Liu received his master's degree in solid state chemistry and bachelor's degree in solid state physics from the University of Science and Technology of China in 1992 and 1990, respectively.
6) Ming Yang
Vice President appointed in January of 2009.
Mr. Yang has more than six years of experience working as a Wall-Street buyside and sellside analyst, specializing in the renewable energy and semiconductor materials sectors. Most recently, Mr. Yang was an analyst covering the renewable energy sector at Coatue Management, a $2 billion hedge fund based in New York. Before that, he was vice president at Piper Jaffray for four years, as senior China research analyst covering solar energy and semiconductor materials, based in Shanghai. Mr. Yang started his Wall Street career as an analyst at Dreman Value Management.
Mr. Yang holds a Master of Business Administration degree from Cornell University and a bachelor's degree in electronic engineering and computer science from the University of California at Berkeley.
Top Institutional Holders at Sep30,2010
INVESTEC ASSET MANAGEMENT LTD=5,861,800=3.47%
SAM Sustainable Asset Management Ltd=5,556,700=3.29%
MORGAN STANLEY=5,204,526=3.08%
DEUTSCHE BANK AKTIENGESELLSCHAFT=3,902,230=2.31%
FMR LLC=18,109,870=10.71%
UBS GLOBAL ASSET MANAGEMENT (AMERICAS) INC=3,203,650=1.90%
Pictet Asset Management Ltd=2,511,932=1.49%
Invesco Ltd.=2,400,717=1.42%
EVEREST CAPITAL LIMITED=2,093,400=1.24%
JP MORGAN CHASE & COMPANY=1,825,022=1.08%
Top Mutual Fund Holders
Powershares Exhg Traded Fd Tr-POWERSHARES WILDERHILL CLEAN E=1,539,020=0.91%
FIDELITY DISCIPLINED EQUITY FUND (USA)=1,300,000=0.77%
FIDELITY EMERGING ASIA FUND=1,214,890=0.72%
Claymore ETF Tr 2-Guggenheim Solar ETF=1,052,009=0.62%
Wells Fargo Advantage Small Cap Growth Fd=1,049,400=0.62%
FIDELITY NEW MILLENNIUM FUND=625,000=0.37%
RiverSource Equity Ser-Columbia Mid Cap Growth Opportunitiy=616,928=0.37%
OPPENHEIMER MAIN STREET SMALL & MID CAP FUND=530,890=0.31%
MORGAN STANLEY INST FD INC-EMERGING MARKETS PORT=528,200=0.31%
Claymore ETF Tr-Guggenheim BRIC ETF=353,880=0.21%
Balance Sheet:
Total Assets =$1,077,340
Total Liabilities =$386,643
Total Stockholder Equity =$690,697
Net Tangible Assets =$688,946
Weighted average number of outstanding shares:161,643,312
Business Risks:
1) Competition.
2) Change in government policies such as reduction of subsidies.
3) Customers unwilling to finance the cost of such product.
4) Overdependency on a small niche of customers.
5) Ever changing technology.
6) Exchange rate.
7) Failure to protect intellectual property rights.
8) Counterparty risks through procurement of supplier.
9) Key personnel.
In the event the above risks are not well managed,the company's revenue will be drastically affected.
JA Solar (Nasdaq: JASO) is set to post a record quarter when it reports its Q4 2010 earnings next week. In fact, it should mark a record year across numerous metrics such as shipments, revenues, and most importantly, net income.
Friday's candlestick has fully covered last November's candle body.What is remaining to short-cover is the upper shadow up till $9.77 and might easily move into a breakout.
It's a strong buy signal.Any pullback will be technically minimal.

Friday 18/2/11(Index/Options Futures Expiry Day)
9:30am:--A mild bearish gap down followed by a bullish engulfing. The International Monetary Fund said the United States' policy of quantitative easing could cause a destabilising flood of capital, though it conceded this had not happened so far.

10:30am:--Session high,bullish spin. Group of 20 meeting will be on investors' radar screens this weekend.

11:30am:--Morning high followed by bearish spike down.For the past two days,the Dow volume was extremely low and the market can be easily cornered.

12:30noon:--No sign of pullback,another high point.

1:30pm:--From the morning high,the noon session opens with a low.Bearish engulfing.

2:30pm:--A pullback to session bull pivot support.A dragonfly doji checkmate.

3:30pm:--Holding at the high for a third time.

4:00pm:--Inverted bull ending with a runaway bull.There is a gap up here so the gap will be covered back as this is a bull trap.

A three straight sets of gains for the week bringing the Dow to another fresh multi-year highs.

With a very light trading volume for the past few days,the market is being manipulated by certain authority.This is a so call confidence building.
The market’s advance on Friday came even as China’s central bank said it will raise banks’ reserve-requirement ratio by half a percentage point, the second increase this year to withdraw excess liquidity from the economy and curb inflation. The move weighed on the materials sector, which gets much of its demand from China, but the rest of the market shrugged it off.

Linux computing by Novell Inc.(NOVL:Nasdaq)

The business software maker Novell, Inc. develops, sells and installs software that is positioned in the operating systems and infrastructure software layers of the information technology (IT) industry.
The Company develops and delivers Linux operating system software for a range of computers from desktops to servers. In addition, it provides a portfolio of integrated IT management software for systems, identity and security management for both Linux and mixed-platform environments.
The Company operates in two business segments:
Security, Management and Operating Platforms business unit segment (SMOP) and Collaboration Solutions (CS). Novell, Inc. delivers Linux and related solutions for the enterprise.
The SUSE Linux Enterprise platform underpins all of its products. Within the Company's CS business unit segment, it provides collaboration solutions that provide the infrastructure, services, and tools customers require to collaborate across a myriad of devices.
Novell Inc.headquarter is at 404 Wyman Street, Waltham in Massachusetts,United States of America.
TAKE-OVER BID
Last November 22,the company filed an annoucement that it had agreed to be acquired by the Attachmate Corporation for $2.2 billion in cash.
Novell also plans to sell some intellectual property assets like patents for $450 million to a consortium of technology companies led by Microsoft. Attachmate’s takeover is contingent on the successful closing of that sale.
Novell and Microsoft did not disclose which patents were sold or the names of the other companies in the coalition.
Novell, a company that specializes in enterprise infrastructure software, will add to Attachmate’s portfolio of software brands, which includes its namesake line and NetIQ, which it acquired in 2006.
The Merger and Acquisition offer:
The offer, at $6.10 a share.Somewhere on March 2, one of the company’s major shareholders, the hedge fund Elliott Associates, submitted a takeover offer for $5.75 a share.
Novell’s board swiftly rejected the bid as “inadequate” and the matter was apparently shelved.
Shareholder Blocking the Take-over:-(Novell Deal Case--26 Nov 2010)
An investor in NOVL shares filed a lawsuit alleging breaches of fiduciary duties by Novell directors arising out of their attempt to sell Novell, Inc. too cheaply via an unfair process to Attachmate Corp.
According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to Novell, Inc. (NASDAQ:NOVL) investors in connection with the proposed takeover.
The plaintiff alleges that the offered price of $6.10 is unfair to NOVL stockholders and amounts to a mere 9% premium over the Company’s stock price on the day prior to the announcement of the proposed acquisition, and is a 6.3% discount to the level at which Novell traded just two months ago. NOVL shares in fact traded on as early as Oct 14 at $6.14 per share, and during September as high as $6.50 per share. NOVL shares traded in 2008 as high as $7.45 per share, during 2007 at over $8 per share and during 2006 at almost $10 per share. In addition, so the plaintiff the offered price is substantially lower than the target prices maintained by a number of research analysts at the time of the proposed acquisition. As recently as August 27, 2010 an analyst set a price target of $7.50 per share for Novell stock. Further the plaintiff also alleges that the defendants breached their fiduciary duties by agreeing to preclusive deal protection devices, such as a no-solicitation, matching rights, and a $60million termination fee provision.
Novell Inc. is listed in the Nasdaq under Technology/Software.
The market capitalisation is 2.1 billion with an outstanding shares of 351.6m
No dividend is being paid.
The P.E ratio:--5.7x while the Earnings per share is USD1.06.
On December 2, 2010, NOVL announced quarterly earnings of $0.07 per share for 2010Q4, beating the consensus estimate of $0.07.
The Annual Financial Year is December 14.
Taking position.
The closing price on 3 Feb 2011 is USD5.97 with a hefty turnover of 22,410,200 shares changing hands.
November candlestick is a dragonfly doji above the 52 weeks MAV support line.It is very bullish.

It has been showing an attempted breakout from the current price near the Bull pivot resistance but has failed for the third time.

The worst scenerio is just a small pullback to the November's half section of the lower shadow.In such an instances the risk is very low and any pullback below the Bull Pivot resistance is a recommended buy.

Tracking the Dow,Thursday,3/2/11.(10 market days to index futures expiry)
Nikkei Futures 5 market days to expiry.
9:30am:--Bearish 20.0 points gap-down.The Egyptian tension has an early bearing.Bearish harami follows.

10:30am:--An early session low,bullish engulfing prevented further fall.The Middle East unrest tension might spill to neighbour.

11:30am:--Retrace to MAV resistance line.Bulls in control.Weekly jobless claims fell 42,000 to 415,000.

12:30noon:--Consolidation time.Index now hoovering at session bull pivot resistance.

1:30pm:--A second attempt to thrust the morning high.Consumer stocks are in play.

2:30pm:--A triple attempt for the breakout.Around this hour,there always seems to have Federal news.Ben says forget about inflation,quantitative easing policy is still on going.

3:30pm:--Bullish spike up after digesting the Federal Reserve news.

4:00pm:--Profit taking at the close but still holding near the high.

This is going to be a continuous rally in a pre-election scenerio even though it is still far ahead.After that only will be a real crash.

Thursday's candlestick has hit the week MAV support line and left it aside forming another bullish breakout.

The speech by the Fed Chairman suggests that "a self-sustaining recovery in consumer and business spending may be taking hold" and said he expects the economy to grow at a faster pace in 2011. Bernanke minimized inflation pressures, which he said, in addition to a still-high unemployment rate, continues to justify the Fed's accommodative monetary policy and asset

He also refuted claims that the Fed's easy monetary policy was responsible for food inflation in emerging markets. purchase program.

Searching with Google.(Nasdaq:GOOG)

Google is an advertising company and 97 percent of its revenue comes from advertising on its various properties, including YouTube, plus partner sites through its AdSense product. Sure, Google has Android and Chrome OS and everything else, but it doesn’t make money from them — they’re just there to get people to watch more ads.
Google Inc., a technology company, maintains index of Web sites and other online content for users, advertisers, Google network members, and other content providers. It helps users to obtain instant access to relevant information from its online index.
Its products and services include Google.com for search and personalization, which provides Google Web Search, Google Images, Google Books, Google Scholar, Google Finance, Google News, Google Videos, Google Blog Search, iGoogle and Personalized Search, Google Product Search, Google Merchant Center, Google Custom Search, Google Trends, Google Music Search, and Google Webmaster Tools. The company’s products also comprise Google Docs, Google Calendar, Gmail, Google Groups, Google Reader, orkut, Blogger, Google Sites, and YouTube. In addition, it offers Google Toolbar, Google Chrome, Google Chrome OS, Google Pack, Picasa, and Google Desktop; and Google GEO product line comprising Google Local Search, Google Maps, Panoramio, Google Earth, Google SketchUp, Google 3D Warehouse, and Google Building Maker. Further, the company provides Android, a mobile software platform; Google Mobile, which are mobile-specific features; Google Checkout, an online shopping service; and Google Labs, a test bed for engineers and users. Additionally, it offers Google AdWords, an auction-based advertising program; Google AdSense program for content owners; and Display advertising for advertising services. The company also offers Google Enterprise product line comprising Google Apps that provides hosted communication and collaboration tools; Google Search Appliance; Google Site Search; Google Commerce Search; Google Maps API Premier for interactive Google maps; and Google Earth Enterprise to visualize data in a geographic context.
Google Inc. was formerly known as Google Technology Inc. Google Inc. was founded in 1998 and is headquartered in Mountain View, California.
For much of its 10-year history, Google spent money at a pace that was the marvel of Silicon Valley. It hired by the thousands and dished out generous perks, including three free meals a day, free doctors, ski trips and laundry facilities, and subsidized personal trainers. It let engineers spend 20% of their time pursuing pet projects. The company's goal was to develop new products that would reduce its nearly total reliance on selling ads connected to Internet searches.
Financial Report
Last Friday,Google reported gross revenue of $8.44 billion, up 15.8% sequentially and 26.5% year over year.Revenue growth may be attributed to a shift in advertising spending from offline to online properties, increasing contribution from medium and small-sized advertisers, success of the DoubleClick ad exchange, improving search algorithms and better ad quality. Google also stated that display, YouTube and mobile were the growth discoveries for 2010 and each represented significant growth potential for the company.
Google has a solid balance sheet, with cash and short-term investments of $35.0 billion, up $10.5 billion during the quarter. The company generated around $3.5 billion from operations in the last quarter and spent $2.5 billion on capex, netting a free cash flow of $981 million. Google has no debt.
Google Inc.(GOOG) financial year end is 31 December yearly.
Market capitalisation is 195.22Billion
P/E ration:23.19 & EPS:26.31.
The stock price is currently holding strongly above the bull pivot support.Last January's pullback with a long upper shadow candlestick has set the range for level play this month.
The current target:-will be rangebound till the next quarterly report.Aggressive buy if there's a pullback to December's candle half body.

Tracking the Dow on Friday,Index/options expiry day.
9:30am:--A bullish 40 points gap-up opener.Stronger earnings from General Electric Co. and Google, Inc., which overshadowed a disappointing report from Bank of America.

10:30am:--A shooting star at session peak followed by bearish pullback.Google shares reversed gains.

11:30am:--Bearish engulfing,further pullback to bear pivot support.

12:30noon:--A bullish retracement to bull pivot resistance.Bears are checking the advance.

1:30pm:--Another attempted rebound to the bull pivot resistance.

2:30pm:--Holding at the bullish pivot support.

3:30pm:--Hangman and hammer.

4:00pm:--Bullish harami.

A round of largely encouraging earnings reports late Thursday and early Friday boosted market sentiment.

The overall 3rd week candlestick is bullish with a range of about 100 points.It is a spinning candlestick.

Some tech sectors are overbought so there are bound to be corrections despite the good profit reports.

Worries about the robust China's economy and a possible rates hike is overhangging the markets again.Hope that this will be a temporary phenomena.