Category: Money tips Release Date: 2007-05-28
Source: Fortune Securities Author: Peng Yan Zhao
With the recent accelerated appreciation of the yuan, to real estate, finance, represented by accelerated appreciation of the subject shares began to take shape up, a new round of financial and real estate benefit from the appreciation of the plate wave is launched a new high! Shown to accelerate the appreciation of the RMB against the background of the situation, the beneficiary is undoubtedly the greatest variety of financial and real estate, therefore, conceivable that, in focusing on hot money, the equity shares of listed banks will have a large number of land resources and the landlord is expected to usher in all-round broke! As a result, according to the above ideas and suggestions in this section focus on Hi-Tech G-ning (600,064), the company shares 17% of Nanjing has a large number of commercial banks and listed companies, equity, In addition, the company's main Nanjing Hi-tech development zones, is rich in land bank, give it brings great imagination, it is recommended to focus on!
Nanjing equity firms, private equity fund looting off revaluation
China's financial sector has always been a huge financial favor species, especially in the appreciation of the renminbi against the backdrop of equity banks, financial companies is a huge benefit, such as the Hi-Tech G-ning (600,064) is worth attention! According to statistics, G-ning-tech (600,064) invested 205 million held by Nanjing Commercial Bank 20520 million shares, compared to 17% shareholding, the bank's third-largest shareholder, the bank's largest shareholder is state-owned assets in Nanjing Group , accounting for 19.78%, the second largest shareholder, BNP Paribas holds 19.2% stake in the International Finance Corporation (IFC) shares of Nanjing Commercial Bank 5%. The company also holds the building restrictions on sale of Qixia 3,900 million outstanding shares, restricted sale of the outstanding shares of CITIC Securities 2798.22 million, respectively, the original cost of investment was only 42 million yuan and 4800 million, the average cost per share is only 1.08 yuan and 1.72 yuan, At present, G and G Qixia Citic's market value reached 11.88 yuan, respectively, and 12.82 yuan, rise close to 10 times; with the listing of Nanjing Commercial Bank, the future revaluation of the stake is enormous room for more. According to First Financial Daily reported, G-Ning High-tech (600,064) does not quite resemble a listed company, but more like an investment portfolio - earnings report showed investment returns often exceed operating profits, but it has brought the hidden assets The arbitrage opportunity is far from the ultimate highlight. Hi-Tech G-ning appears to be some private equity concern, they are the "First Financial Daily" said: "We have recently concerned about the G-ning High-Tech, The reason it tempting, not only because it holds a stake in a number of listed companies, these non-tradable shares of listed companies has been completed share reform to wait for lifting the ban, and it holds non-listed assets, the return is also high, this part of the non-listed assets, pending issued A shares this year, bringing the premium space for more imaginative; is expected to be private the Fund's re-attack!
A great value in the property revaluation
The new "investment real estate," the criteria for operating the park's soaring profits of listed companies the opportunity to bring a new meaning of accounting standards is to a large number of listed companies in a short time so that the performance of the changes took place turned upside down. Even the market estimates, new accounting standards for listed companies in Shenzhen and Shanghai in 2006 performance of red packets may be up to 200 billion. Hi-Tech G-ning (600,064) as start-engaging in infrastructure development zones listed companies, the park construction is the company's strengths and focus on where the company's main Nanjing Hi-tech development zones, is rich in land reserve has not yet been transferred and entrusted with the development did not Settlement of the land area of more than 300 million square meters, the company will become the biggest beneficiaries; the same time, the company has been successfully operating out of municipal construction zone, together Qixia be built into the planning area of 80 square kilometers of new urban area of Nanjing Xianlin major builders, Metro zone will be fighting for the next three years to achieve an annual revenue of around 3-5 billion. Development is planning to expand the current area 9.4 square kilometers, can ensure that the company continues to develop 3-5 years. There are still not yet been transferred and entrusted with the development of the land is not settled in 2004 into a piece of land development and transfer of 25% of the margin of the next 3-4 years to achieve the main business profit of nearly 200 million yuan. Land revaluation reserve huge, the company's real estate development space is extremely wide.
Undervalued, upside is expected to start a new one!
The secondary market, G-Ning High-tech (600,064) Total market capitalization is also only 20 billion, but the hidden assets are more than 1 billion, under the new accounting standard, net assets per share may be a direct increase in more than 3 yuan (when will reach more than 7 yuan) Therefore, in order to 6 yuan more than the stock price when measured, obviously undervalued! In addition, to accelerate yuan appreciation, real estate and financial stocks as represented by the formation of accelerated appreciation of the subject against the backdrop of rising, G Ning tech (600,064) is also the focus of attention is expected to be hot money! Trend, from the Japanese K-line diagram point of view, step by step onto the front of the left shoulder heavy volume and price, chips lock good star test drive today, Yin cross selling, the main force of the pressure plate has been unable to stop the urge to stock up, 5 day and 10-day moving average constitute the Lao Ya the first multi-attack pattern, the outbreak around the corner, we recommend investors to pay close attention.
