Category: Money tips Release Date: 2005-12-15
Source: Broadcasting Corporation of the information Author: Chen Jie
Organization of Petroleum Exporting Countries (OPEC) meeting in December will decide whether to cut production. OPEC President Daukoru warned that if the oversupply situation to continue, it may be further declines. This is not only crude oil prices back above 60 U.S. dollars, but also contributed to gold, copper, zinc and other non-ferrous metals rebounded. Ready at the bottom of a long-term coal linkage plate and oil are also a result of the rose. Non-renewable resources and the scarcity led to the current market, especially the emphasis on resource revaluation. Especially the resources of good quality and benefit from the policy support of the comprehensive utilization of resources, such as Guoyang New Energy Company, the stock's become a leader in the coal section, in addition to the company producing the highest quality anthracite, the company also has a rich coal-bed methane resources for development, the company also plans to acquire new major shareholder of a coal mine in order to achieve the Group's major mining assets, the assets listed as a whole, the value of assets, revaluation of listed coal companies in the second to none. Therefore, and National Yang new can be made with similar characteristics the South River 600,395 shares of the leading coal should focus on.
Panjiang shares (600,395): The company is located in the south of coal are known as the Liupanshui area, the company has high quality coal resources, the variety is complete, the main coal for high-quality 1 / 3 coking coal, gas, fat, thin, poor, and anthracite. Coal demand is complete the company's adaptability can deploy strong, free from industry, cyclical fluctuations. Company's existing coal mine reserves of 400 million tons, recoverable reserves of 232 million tons. Remaining recoverable age 90 years, and 12 coal listed companies in the forefront, continuing operations ability. Product radiation from Hunan, Sichuan, Guizhou, Guangxi, and Jiangxi provinces and the coal shortage in Guangdong, Fujian, Shanghai and other coastal developed areas, product demand, market share, steady growth. The company is committed through the use of advanced technology to improve production efficiency, has the most complete automatic control system and production of washing centralized monitoring system, and has become streamlined and efficient heavy-medium coal preparation technology promotion center, testing new technology coal preparation research base. Resources, technology and location advantages and the company's existing long-term cooperation relationship with customers, making the company stronger bargaining power. Future performance will maintain steady growth.
National Development and Reform Commission issued a newly revised "The state encourages the comprehensive utilization of resources identified management practices," comprehensive utilization of resources through the identified enterprises (units) may enjoy the relief value-added tax, income tax, consumption tax and other tax incentives. The State Department also issued a "coal-bed methane extraction on Accelerating the use of a number of opinions", to encourage and support the use of coal-bed methane extraction, in addition to general industry practice is far less than the VAT rate, but also the implementation of tariff concessions on imported equipment. Guizhou Province Coal Industry Authority, said: "Eleventh Five-Year" period, Guizhou Province, to rely on recycling economy, 30 billion yuan investment in the coal industry to the development of circular economy industrial development as a strategic focus. The national and provincial levels of government support, will make comprehensive utilization of coal resources and coal production enterprises to become a new profit growth point. And coal-bed methane development and utilization of a slowdown Guoyang New Energy is different Panjiang shares to hedge against the risk of cyclical industries, has been committed to extend the industrial chain. From the most basic of coal extraction, the progressive development of washing and processing, coal gangue power generation, gas comprehensive utilization of coal resources and power generation industries. The foot of the tree mining company's gas station installed capacity of 6 * 500kw, was put into operation in 2005 and generate benefits; Tucheng mine gas power station installed capacity of 6 * 700kw +4 * 500kw, put into operation in September this year, in addition, the company's has a Laowuji shop gangue power plant and fire power plants, the use of discarded waste rock generation, the electricity will be used for internal consumption to reduce the outsourcing of electricity, will significantly reduce the company's production costs.
As the western province of Guizhou Province, the only major energy coal industry, a listed company. Panjiang major shareholder group has geological reserves of 9.48 billion tons of coal, long-term reserves of 38.3 billion tons, and has the moon Tin ore, the foot of the tree and other mineral mining and ginger three mines, and is building 10 million tons of coal ring of water. Integration and stock prices in the central historic opportunity to reform under the private placement or a backdoor listing of the company as a whole to resolve historical issues, an important way to integrate resources, the parent company, Group Panjiang shares as the only listed company, is likely to be listed Panjiang group as a whole carrier. Thus, in terms of the quality of coal resources, coal development and utilization efficiency or the overall market potential, and National Yang Panjiang new shares can be favorably compared to both. From the secondary market performance, subject to the overall malaise in the second half of coal blocks the effects Panjiang shares as the same as the vast majority of coal stocks were poised at the bottom of repeated shocks, a small band has shown a rising pattern, the amount of amplification can be intermittent, the amount of price with the ideal, the recent rise in the Unit Tongdaoxiagui withdraw sword was supported by sustained moderate heavy volume after the rise of small-yang, today, by the overall strength of an opportunity to heavy volume of coal blocks started rising market outlook is likely to accelerate breakthroughs in channel track, out of a strong upside market, Investors can take an active interest.
