Category: Money Tips Date: 2006-12-12
Source: Anhui Emerging Author: Yuan
After a strong oscillation Xi Pan, the short-term market upside momentum for even more robust, Hu Zhi-breaking 2071 points in one fell swoop, and recently hit a new high of 2102 points, to form a re-acceleration of the stock market break, while the turnover of the enlarged speculation reassert active stocks on the market trend, also has good upside short-term stock-based, short-term tape was re-accelerate the upside trend.
From the operation of short-term market perspective, the stock re-accelerate the upside break, obviously has a better market environment, the rapid turnover of larger shows to do more popular full and continuous influx of outside capital, while the formation of broad based momentum stocks, and by the real estate stocks, steel stocks, auto stocks and other hot spots to guide will also help to enhance confidence in the market to do more to attract more outside money involved. In the broad market, while maintaining the pattern upside, financial stocks has not been started, a number of indicators for short-term oscillations share the upside after the formation of new space, which will also help to further accelerate the upside Friday indexes, short-term market will continue to perform accelerated Quotes. Technically, the amount of stock with 2071 points after the break, technically defused 2071 points in the pressure of the head, while the Erlian yang patterns upside momentum to build a breakthrough in speed, but also allow the market to back upside pattern, tape the short-term rise in effective expansion of space. However, the market entered a phase of heavy volume acceleration upside, showing a concentration of market sentiment and to do more to enhance confidence, which also easily lead to wild speculation in short-term market-oriented, but once the index continued to accelerate the formation of heavy volume upside rally, the market chase over the stage into the broader market will also be gradually formed the medium-term top. Therefore, we believe that over the past two days the market has entered an acceleration rally stage, Hu Zhi target bits should be 2245 points, while market sentiment continue to gather and speculation growing confidence will make the formation of more short-term short-term market opportunities, current market into the revenue stage of rapid growth.
Operation, the current market, short-term investors to take advantage of the opportunity to accelerate the upside, select individual stocks short term and accelerate the market, short-term stock picking may be concerned about the points: First, the full form of the consolidation, with the trend accelerating the formation of a breakthrough; second performance of growth Well, the current low price, with investment value; third, short-term volume and price with the good, has begun upside. At this point, we Hubei Yihua (000,422) Such a blue-chip stocks of the short-term investment opportunities for analysis.
Hubei Yihua (000,422) as a low-cost blue-chip high-growth chemical shares, share capital of 3.8912 billion shares in circulation, the three quarterly earnings per share were 0.26 yuan, with a sustained high growth. Fundamental point of view, the Unit also has the following highlights should focus on investment:
1, master phosphorus resources, the construction of phosphate empire.
Phosphate rock resources are not renewable, is a strategic resource. In recent years, increasingly tight global supply of phosphate rock, phosphate rock show a certain scarcity of resources, resulting in phosphate rock prices continued to climb. According to China's phosphate rock reserves and mining terms, China's phosphate resources in high-grade ore mined length of less than 20 years. Thus, China began to phosphate rock resource integration, resulting in a number of small phosphate factories closed and a smaller supply of phosphate rock, while the domestic production of high concentrations of phosphate and compound fertilizer increased its output from 15 years ago, accounted for 5% of the total phosphate 2005, 60% expected in 2006 to reach 65% in 2008 after high concentrations of phosphate and compound fertilizer production will account for 75% of total phosphate, thereby greatly increasing the phosphate content of 30% or more of the demand. In 2005 the domestic demand for phosphate rock 43 million tons, while the supply of phosphate rock is only 36 million tons, there is 7 million tons of supply and demand gap. Therefore, the role of phosphate rock prices in the supply and demand, prices rose by a big margin, and the prices steadily rising prices of phosphate rock for nearly two years or more than 200%. Yichang, Hubei Yihua where the rich mineral resources, mineral resources, to maintain the Yangtze River Basin accounts for more than half of the national reserves of 30 kinds of proven reserves of phosphate rock in which nearly 10 million tons of phosphate rock resources, the nation, one of the three mineral-rich areas, Hubei Yihua which itself has a high-grade phosphate rock 300 million tons. The company has formed a coal chemical and phosphorus chemical industry, the three pillars of salt and chemical industries, its products include fertilizer, chemical, thermal three major areas of more than 20 kinds of products. Hubei Yihua successfully achieved by the focus on the development of nitrogen and phosphate fertilizer equal importance to the development of changes. Company aims in the "Eleventh Five-Year" period to Yihua into the country's largest high concentrations of phosphate and compound fertilizer production enterprises, to be completed in 2008 the scale of 330 million tons of phosphate fertilizer base, phosphate and compound fertilizer industry sales revenue of 60 billion yuan.
Second, the new project start-resourced.
The company intends to launch two major projects recently, one an annual output of 960,000 tons of DAP project, which plans a total investment of approximately 9.4 billion, is expected to be added annual sales income of 2.1 billion yuan, profits and taxes 186 million yuan. The second is an annual output of 300,000 tons MAP project, which total planned Investment 3 million yuan, is expected to add annual sales income 5 million yuan, profit and tax 40 million yuan. With the launching of these projects, Hubei Yihua the steep rise in the consumption of phosphate rock. In 2005 required 2.5 million tons in 2006, approximately 300 million tons in 2008 will reach 4.6 million tons. To this end, the company and Yidu Changjiang River Chemical Co., Ltd., Zaoyang Chemical Industry Co., Ltd. established a joint venture of 84 million ton / high concentrations of phosphate and compound fertilizer phosphorus chemical production base - Yihua Dajiang Fertilizer Co., Ltd.. The project was a ground-breaking began in October 2005, on August 24, 2006 a one-off car production. In September 2006, Yihua Dajiang and Hubei Yihua Group, a joint venture established Hubei Yihua Jiang Zhujiadun Mining Mining Co., Ltd, the new company registered capital of 50 million, mainly engaged in phosphate mining, processing, marketing, should the total registered capital of Tai 77.36%, the transaction's phosphorus chemical industry for the development of resources and support.
Third, the completion of an integrated production system, performance continued to grow steadily.
Company's focus on integrated production systems, the company pentaerythritol, PVC and urea production are all interconnected. The main raw material, such as pentaerythritol production of formaldehyde, methanol, and many manufacturers choose to outsource, and the company can produce their own. Company controlled by an electric heat and power plant have steam, caustic soda and PVC production needs just a lot of electricity and steam. While many manufacturers have to use the boiler to produce steam. This upstream and downstream integration, product line effectively improving the utilization of raw materials, reduced transportation costs, reducing price volatility of raw materials and products, the adverse impact of production to achieve the optimal allocation of resources, systematic improve the profitability of the company's products . 2006 January to September, the company realized main business income of a total of 199,728.15 million, more than main business profit of 36,978.38 million, net profit of 14,065.64 million, respectively, over the same period last year 16.6%, 34.72%, 18.63%.
Technically, Hubei Yihua (000,422) in the last five months of the formation of a large convergence of triangular order form, repeated consolidation has been fully up and running to the triangle to the top want to break through upside, short-term moving average system, a number of re-merger push up stock prices in recent 2 days began to enlarge transaction has to start a new Quote of the trend to accelerate breakthroughs in the short-term upside Quotes brewing.
Therefore, we believe that Hubei Yihua (000,422) as a second-line blue chips, short-term repeated the full consolidation, start around the corner, investors can now focus on objects.
