Category: Money tips Release Date: 2006-08-16
Source: Guangzhou Bandung Author: Huang Yongyao
Hu Zhi Yin Wednesday with a doji line to close at 20, although the amount did not fly in the ointment is the effective amplification, but with the 5th line and 10 lines Jin Cha, KD, and corresponding DMI issued a buy signal, and the market mentality, smooth, I believe that the advent of short-term opportunity to turn the stock market saying goes, is called "advantage of the opportunity to", although the short term do not see the real conditions to launch a big move, but with technical indicators improved in August of the approaching, then, as long as no one Huzhi down to 10 below, you can increase the market chips.
At present, the most important thing is to choose the right stocks, in order to prepare for August of the stock market, in this regard, first, according to the second quarter, the Fund's investment portfolio, Masukura to make reference to the direction of the second is based on recent policy and basic surface to make new choices and the third is to adjust according to the recent market turbulence among the continued strength of the hot spots to determine the future direction of the main operation. According to the second quarter, the Fund's investment portfolio, including food, beverage, pharmaceutical and other consumer-related stocks have become in order to fund a new Masukura object with our previous recommendation in the same direction. It is noteworthy that by the end of June and there are a certain time lag, so we think that the larger increases in food, beverages, should be appropriate to avoid individual stocks are still, relatively speaking, we are more optimistic about the concept of pharmaceutical stocks, because the pharmaceutical industry is a never-ending sunrise industries, including natural disasters, human illness and death, a huge market of 1.3 billion people in the past year has seriously lagged behind the increase are still many opportunities to make the plate, followed by the birth of the basis of this wave Quotes In addition to China's continued economic high growth, there is built around the concept and theme of appreciation of the renminbi will benefit started speculation, although subject to policy control, in the second quarter the Fund's lighten up, but the real estate section is expected to benefit from the appreciation of the renminbi remains is to become the next star of the recent market , but the relationship between the policy, in the third quarter, we do not think that real estate stocks will become the subject of investment, but from a macro point of view, energy shortages will make the energy sector, including new energy, alternative energy sources will become the third quarter, continued investment in the theme of the third quarter, we are also bullish on the power plate, although the second quarter of the power unit being part of the fund's holdings, but it is worth noting that, from the beginning of the third quarter of electricity price increases, the recent high temperatures across the country caused by the continuing shortage of electricity, so that most likely to make the power industry turning point, personally believe that the power unit in the third quarter performance will be better than the broader market may become a body of new Masukura objects. There is also the concern that foreign M & A theme, as early as late last year, we have repeatedly emphasized and forecasting, foreign mergers and acquisitions this year's theme will be repeated speculation continued hot topic following the Carlyle Group to buy high-priced call Xugong triggering and 31 Heavy's "war of words", the connection with foreign capital "to bet Agreement" Gome Yongle case of the recent M & A market has once again aroused great concern that the continuing hot topic this year, foreign M & A theme is expected to once again set off in the secondary market hot wave of speculation. In this way, the investment theme of the third quarter began to clear, it may be around the concept of consumer appreciation of the yuan will benefit concepts, resources and energy, including new energy, alternative energy and power, launched repeated speculation. Proposing a focus on individual stocks with the concept of appreciation by the consumer Hui concepts and foreign capital to purchase the three major hot spots in G Chenming (000,488), because G Chenming Paper, as China's leader, has benefited from the concept of yuan appreciation, but also world-renowned international financial services company in the U.S. Citigroup is expected to indirect holding of the subjects more worthy of the company's focus, and the current G Chenming (000,488) the closing price of 4.73 yuan is far less than the additional price of 5.20 yuan of foreign capital, in other words, far less than the purchase price of the purchase price of the subject matter of foreign capital is more is worth mining, but also G Chenming 0.445 yuan per diluted share, currently only about 11 times earnings, even if the set aside RMB appreciation and foreign mergers and acquisitions to benefit the two major hot spots do not say, its current price is seriously undervalued, with medium to long term the investment value. According to G Chenming (000,488) May 25 the board issued a notice agree to the Asia-Pacific Enterprise Investment Management Co., Ltd. (VC Asia Pacific Limited) (hereinafter referred to as "CVC") to subscribe to its non-public offering of shares of the companies in a strategic manner investment, the company will be CVC non-public offering is not more than one billion A shares, raising total funding will reach 5 billion yuan. This means that the amount of China's listed companies to finance the introduction of foreign strategic investors, the biggest acquisition is expected to generate. After the completion of the issuance of foreign capital is expected to become the largest shareholder, according to statistics, CVC has the United States context, the company is Citigroup by the United States in 1999, together with CVC Capital Partners incorporated in Hong Kong, focusing on equity investment in the Asia Pacific area. Currently, the company's total amount of funds managed by private equity has exceeded 2.7 billion U.S. dollars, become the Asia's largest equity investment funds. As the current G Chenming total capital of 13.6 million shares, in one fell swoop, after additional 1 billion shares, CVC will receive more than 30% of the company's total equity stake, thus exceeding the current largest shareholder of Shouguang City, the state-owned assets, 24.06% of the holders of the Authority the proportion of shares, thus becoming the controlling shareholder of the new G Chenming. In other words, the U.S. Citigroup is expected to indirect holding in the company, which at present the two cities is extremely rare hot topics. Moreover, according to the agreement, the additional price of not less than first proposed for the resolution of this Bulletin Board meeting 20 trading days before the G Chenming A stock's closing price of the arithmetic mean of 110%, in other words the issue of additional price will very likely is 5.20 yuan. So that its current 4.73 yuan a share, far below the price of additional foreign investment, which is the stock market has an extremely rare one theme, while CVC letter of intent in the strategic investment was also committed to, the subscription of shares from non-public offering after the completion of 30 assignment is not made within six months. Therefore, the stock's future movements cause for concern.
