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Jinpan International: Increasing Transformer Demand Should Drive Growth

 Jul 15, 2008 10:01 AM UTC
Return Risk
-14.73% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
JST Positive 07/15/08 +26.58% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

With growth in China infrastructure driving demand for electrical transformers, and quality certifications driving expansion in US markets, Singular Research is initiating coverage on Jinpan International (JST) ($30.25) with a BUY rating. Key excerpts follow:

Investment ThesisĀ 

Installed electricity capacity in China grew 18.8% in 2007 after growing 25% in 2006. The government has earmarked $65 billion for investment in the medium voltage network system, which is the market served by JST.


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