Category: Money Tips Date: 2006-07-05
Source: Anhui Emerging Author: Yuan
30 days moving average of the fall, so that the short-term operation of the market clearly weakened Monday to continue down the Shanghai and Shenzhen stock indexes closed lower, and broke previous low of 1632 points and 60 day moving average at 1637 points, further adjustment of the establishment of market trends, the short-term access to broader market a new round of Xundi process, the medium-term risks are constantly emerging markets has also affected the short-term market speculation on the stocks.
In the short run the market point of view, a row broke broader market in recent days on 30 and 60 day moving average, and the recent record low of 1611 points to adjust, so that the overall operation indexes also showed Powei bottom characteristics, and established the end of the recent market rally, Hu Zhi 1701-point rebound in the short-term stock indexes end and a new round of adjustment Quotes starting point. Monday disk point of view, weaker short-term market is also more obvious features of First Bank of China to new lows, the market confidence in holding a greater impact on the overall index stocks weakened, leading to broader market has been a lack of support; two market stocks Pudie, only a few individual stocks up, and the emergence of more stocks plunged even lower limit, but also illustrate how the market Konghuang Pan gush, institutions clearly the intention of short-term delivery; third is that some stocks that appear Budie, this situation once the expansion, which will only be the short-term operation of the market constitutes a blow, G delivered, G Tianchen, G Urban, and many other stocks turned down, obviously reflecting the behavior of institutional short. Technological point of view, the short-term stock-breaking 60-day moving average, after the market has established broad market rebound to complete the re-start adjustments, but the broader market nature of the adjustments can still be seen as the fourth wave in a wave adjusted index will be down 5 wavelet patterns begin to adjust, after a1 wave after wave of rebound adjustment and a2, the index points from 1701 should be entered a3 wave adjustment, the adjustment should be more than a1 wave of 123 points, and has formed the extension and expansion of the technical requirements. If by a1 wave 1.618 times the calculated adjustment of the short-term goal should be up to 1,500 tape near, that runs down the short-term broad market space has been opened, the short-term broad market will enter a phase of accelerated bottom Quotes. Therefore, we believe that tape is running morphological Po Wei, the market adjustment will further expand the medium-term and short-term bottom Quotes accelerate the broader market will enter a phase of short-term adjustment target near 1,500.
Operation, the short-term investors to consider withdrawing from the sidelines, at present should not be blindly holding, even though the short term and also should be noted that the performance of growth stocks and value investing ideas, select individual stocks can be considered from such a number of principles: First, seriously underestimated the price performance of individual stocks good growth stocks; two characteristics of short-term technically oversold, showing stabilization of the situation after the sharp decline; third individual stocks have started short-term signs of apparent disk of funds involved in the maintenance features. At this point, we have the investment value of G is to vote shares (000.9 thousand) of short-term investment opportunities for analysis.
G is to vote shares (000.9 thousand) as a blue-chip high-growth stocks, the current share capital of 2.6133 billion shares in circulation, in 2005 earnings per share of 0.44 yuan, a year, quarterly earnings per share was 0.18 yuan, showing a high-growth characteristics, The net assets of the unit as high as 6.81 yuan per share, compared with its current stock price, the Unit has been reflected in investment characteristics. From the fundamental point of view, the Unit also has the following investment highlights worthy of our attention:
1, with a regional monopoly advantage, to form a stable profit growth point. Company belongs to highway business units, the main investment and operation of roads, bridges, tunnels and ferries and so on, with a regional monopoly characteristics, present, the company has the busiest in Changsha, Hunan, to the Wing highways, as well as the recently acquired Beijing-Zhuhai Expressway to Hengyang, Xiangtan Expressway, Changsha-Xiangtan Expressway, 107 State Road, Yueyang the right to operate toll lanes. These high-grade highways in Hunan Province Highway Network to occupy a very important position. From 2005.6.1 beginning of vehicles on the highway toll income from 5% uniform tax rate for the reduced rate of 3% sales tax to benefit the company's share have a positive impact. Weight fee program and the company is expected to be implemented within 2006. In the long run, help control weight fees Overload phenomena, to reduce road damage, reduce maintenance costs. Weight fees will increase the company's toll revenue.
Second, outstanding growth performance, institutions Shigekura intervention. G is to vote shares (000.9 thousand) in 2005 to achieve earnings per share were 0.44 yuan, 6.63 yuan per share, net assets and net assets yield 6.64%, the main revenue, main business profit, net profit was 1.055 billion yuan, 792 million yuan, 776 million yuan year on year growth of 18.62%, respectively, 22.84%, 60.9%, the company has shown exceptional growth. Also this year, a quarterly net profit rose 26.88% maintaining a level of performance of the company in recent years shows steady growth trends continue. April 21 the company released results for the first half of 2006 net profit increased by notice in the tips more than 50% has also attracted a number of opportunities for intervention. The company's shareholder structure and there are many large funds to the shareholders a higher degree of concentration, also shows that institutional investors bullish on the stock.
Third, Yasuharu equity securities, with the brokerage concept. Yasuharu securities company currently holds 14.94% stake in the concept of a broker. Quotes with the continuous development, Yasuharu equities will inevitably bring huge profits to the company, to support the formation of the company's growth.
Technological point of view, G is to vote shares (000900) The recent adjustment of the characteristics of broad market-leading, stock plate all the way from 9.93 yuan lower Monday at 7.85 yuan in the vicinity began to stabilize, the short-term has fallen by 20% or more, characterized by an extremely oversold obvious, recent You Yi 5 Lianyin down form of display, it also reflects its rapid adjustment of posture. At present, the Unit 60-day online side began to be supported, the average is also the region with a platform to run pre-match, would constitute a strong supporting role. After several adjustments, the stock fell space has been limited, and that form has fallen too far to enable the Unit to form a huge rebound, making the stock rally imminent.
Therefore, we believe that, G is to vote shares (000.9 thousand) as a blue-chip high-growth stocks, now at the investment value of the regional, short-term oversold and a strong technical rebound will enable the Unit to have more short-term opportunities for investors can now focus on objects.