Category: Money tips Release Date: 2006-08-10
Source: Bank of China Author: Wang Yue
Upside in a row after the Thursday broader market correction appears the trend of consolidation, 5-day moving average as index to adjust target bit, Baotou Steel, Baosteel and other indicators of the broader market pulled shares constitute a strong support, G into the building to vote for restoration of a row after the first five daily limit, but also so that the effective expansion of individual stocks or the market to do more, and continue to be popular, do not change the market outlook stocks in the context of rising channel, Stock Quotes will continue to interpret the current investors can actively select stocks for short-term operation, Investors are advised to focus on this Sanonda A (000553). National pesticide company is the leading enterprises in the chemical industry to become the largest shareholder of the company after the enormous development opportunities, performance continued to maintain a rapid growth momentum, growth highlighted. Technically, the stock after the correction order by some Tian Quan, 60-day moving average of the stock after the transfer constitutes a strong support for a strong launch of a new Shenglang have completed the consolidation of requirements, pay close attention.
The first stocks of pesticides in China, a huge hidden opportunities for industry consolidation
Company's main products for pesticide and chemical production and sales in the industry to enjoy "China's first stock of pesticides," the reputation of Hubei Province in August last year, SASAC will Sanonda Group, all state-owned assets are transferable to the Chinese Chemical Agrochemical Corporation , China Chemical Industry Group in the capital markets in recent years, to conquer new territories just over a year, the assets in the chemical industry was established more than 300 billion yuan to expand into more than 520 billion yuan, expanding faster than impressive. While the chemical industry has now set up a China Agrochemical Corporation, is intended to build China's pesticide industry aircraft carrier. At present there are more than 2,600 pesticide enterprises, small-scale, brand miscellaneous, many businesses do not have their own R & D capacity, market competition in a more serious disorder. Chemical pesticides in the country to integrate enterprise restructuring, can reflect the state-owned enterprises in the industry control, influence and competitiveness, Sanonda as in the chemical industry in the capital markets of the window company, will assume the important task of building an aircraft carrier of pesticides, its prospects are naturally unlimited. As China's integration of its chemical industry, an important part of completing the re-Sanonda A (000553) will be nearly 8 billion in a huge investment, and will also enjoy the local government tax revenue, the soft environment, preferential policy of inviting foreign investment, free land transfer more than 2000 million preferential policies such as support, Jingzhou City, for 500 acres of land in the chemical industry to provide for its expansion, and strength of the company's strength took over the company's future development will pave the road magnanimous. It is learned that after the middle of occupancy Sanonda, according to their plan, will come right Sanonda invested 8 million USD funds to help Sanonda AG finished product upgrades and infrastructure transformation. Currently preparing for the construction of the project there are two, one 2 × 25MW combined heat and power projects. Middle of the project will provide about 30% of capital support to finance the remaining funds will be resolved. Project investment is about 3.7 billion yuan, investment return rate of about 16.2%, investment recovery period is about 7 years. After the completion of the project could be for the company's production and management to provide reliable power supply heat protection, if it is now commonplace that 60 million tons, 130 yuan per ton, the cost of heating dollars, an annual cost savings for the company will be about 8,000 million. Second, ion-exchange membrane caustic soda project. Although the domestic caustic soda market in recent years due to substantial increase in production makes a drop in prices, but the overall market demand is still relatively strong. And as China's production capacity than the United States, export markets have also begun to good. The company's current capacity of 80,000 tons, 50,000 tons ready to expansion, which will also improve efficiency.
Develop new projects, performance continued to grow
Chemical intermediates company plans to commence the project, but the company official said that the project is still under argument which, as the overall project to start building also takes time. The project belongs to the raw material of paraquat medicine, no other domestic company to produce, once the project put into production, will allow the company's raw material costs reduced by about 2 / 3, so that the project follow-up to trend has also become an important focus of the Unit Aspect . The concern is that getting on since 2006, the country most of the regional climate anomalies, the South suffered serious floods in some areas, rice and other major diseases and insect pests of crops took place was biased towards trend, major diseases and insect pests, crop yields will pose a serious threat to the formation of . Ministry of Agriculture issued an emergency notice, calling on a really good job of controlling harmful insects, to ensure autumn grain harvest, a stable annual grain output. As a pesticide production industry, leading enterprises, in this tough fight in the prevention and control diseases and pests, Sanonda A will undoubtedly play an important role in the development prospect. From the beginning in February, the price soared Abamectin, from the end of last year's 750 yuan / kg to the current 1,150 yuan / kg, therefore, Sanonda several years ago had been heavily invested 50 million yuan, and China Agricultural University, vigorously develop avermectin series of biological pesticides into the country's largest and most technologically advanced micro-production base for the future direction of the cause for concern. 2006 1-9 months, the company realized main business income of 1.13 billion yuan net profit 24.25 million yuan and exports worth 50.16 million U.S. dollars, respectively, over the same period last year growth of 16%, 64%, 16%. The production of chemical pesticides (Pack 100) 26,292 tons of caustic soda (Pack 100) 62,000 tons, essentially unchanged from last year. 2006 7-9 months, the company realized main business income of 363 million yuan, net profit of 9.16 million yuan and exports worth 16.8 million U.S. dollars, respectively, over the same period last year increased 2%, 38%, 18%.
The completion of consolidation, to regain upward
Sanonda A (000553) currently in circulation share capital of 1.1858 billion shares, third-quarter earnings per share for 0.0817 yuan, an increase of 63.93%, net assets per share was 3.04 yuan, the current share price is only 3.90 yuan, worth significantly undervalued, with a low prices, growth and leading characteristics. From a technical perspective, the stock resume trading in early August after the start part of the Tian Quan movements, the formation of a steady rise in its own run-run pattern of channels, the recent rapid shrinkage of the callback order transactions through the stock is rising after correction Tongdaoxiagui and 60-day moving average a double once again bolstered by a stronger, with the completion of correction consolidation, be adjourned to the rise of the request, once a break, then there is the opportunity to accelerate pulled up, pay close attention.
