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Data:2009-12-12 2:34
Source: 10000 UFJ Securities
Sunyard (600,571): the stock is a totally ignored by the market of cheap coal energy potential shares. The stock fell as much as 30% or more short-term trend of the broader market with the current crazy a clear departure from its strong reaction from the oversold low-cost requirements and features, will attract capital market Takong looting.
This year in July, the company held its 2006 first provisional shareholders meeting examined and approved the company "to acquire 70% stake in Sunyard Heng Cheng's motion," marks the Sunyard (600,571) to intervene formally in the field of mineral resources. According to the company announcements, the company seeking a long-term, stable source of income, Sunyard (600,571) and the company's largest shareholder, Hangzhou Sunyard Electronics Co., Ltd. reached an agreement negotiations to fund the acquisition of 72 million yuan Sunyard owned Electronics The Shanghai Sunyard Heng Investment Co Ltd 70% stake. The Sunyard Heng-cheng main energy investment, and the acquisition of coal mines located in Shanxi Province, Wang Wen-Coal Mine and married. As of May 31, 2006, Sunyard Heng Cheng 96.5073 million yuan of total assets and net assets of up to 65.4948 million yuan, while net assets of the assessed value is as high as 103.8345 million yuan. The transaction is completed, Sunyard (600,571) will hold Sunyard Heng-cheng 70% stake in Shanxi Province, Wang Wen-indirect control of the coal mine coal and married to an official involved in the field of mineral resources.
It is understood that Sunyard (600,571) Company indirect holding, Wang Wen-coal and coal mine got married the former were collectively owned enterprises, is currently being restructured and mining companies of the right to re-apply. At the same time, the company disclosed that the leadership, equity transfer, Wang Coal Company Limited and Shanxi Coal Mine Co., Ltd. married the economic benefits generated by the company in 2007 will contribute to total profits. In the current coal supply and demand are still quite prominent cases, Sunyard access to coal resources through the equity transfer value will rise gradually, the company has a beneficial long-term, stable source of income.
Stock Tech Tips Recently, the State Council approved the Ministry of Finance, Ministry of Land Resources, the National Development and Reform Commission, "on Deepening the reform of the system of paid use of coal resources and the implementation of the pilot program," and in Shanxi, Inner Mongolia, Heilongjiang, eight coal-producing provinces (autonomous regions ) for the pilot. Meanwhile, organized by the National Development and Reform Commission "resource price reform Seminar", the experts of the general view is that in the years of government control, China's coal-gas-water land and other resource products prices generally too low. The views of officials is the resource price reforms. The prices of oil, coal resources, will promote the coal industry operating performance has increased significantly. Sunyard (600,571) as a starting point involved in the field of mineral resources of coal is expected to share the oil resources of coal price increases to gradually bring lucrative profits. The Unit is currently oversold, low-cost advantage will be worthy of investor focus.