Category: Money Tips Date: 2006-10-23
Source: Bohai Securities
Broader market Wednesday launched a short-term upside trend, both a new high to close at Yang Xian. Non-ferrous metals and other monopolistic resource section the performance of strength, Chihong Zinc and Germanium, Baoji Titanium Industry and a number of stocks are simultaneously appear in the forefront or the corresponding market is also actively promoted the formation of a certain. Another weak performance in the early, relatively underestimate the value of the port plate has also been a lot of money in hot pursuit of big city driving shocks upstream. Signs can be seen from the above, as the market changes in investment philosophy as well as institutional financial strength to grow, the typical posed by the performance of individual stocks will be continued growth in institutional funds of all ages. Among them we found a case of a monopoly of resources and the growth of the typical performance of individual stocks Trona (000,683).
Trona (000,683) is the industry's leading enterprise of China Natural Soda, the nation's largest set of natural alkali development, mining, processing and integrating large-scale enterprises, sitting days alone thick soda lakes of natural resources, with reserves of 80% of China's natural soda . At present, China is only found in Inner Mongolia and Henan Trona, Trona has a store in Inner Mongolia and the depth of shallow, easy exploitation of the characteristics of highly competitive advantage. The company now has 1.2 million tons of annual comprehensive production capacity, the main products are heavy soda, soda ash, baking soda, etc. more than 10 varieties, including natural heavy soda ash, baking soda, etc. in the domestic market account for a large share of world exports of some products country, enjoys a high reputation. Company plans to build soda industry, gas industry and coal chemical industry, the three major platforms, the formation of inorganic chemicals and organic chemical industry, two groups, so that the two industries have become the industry leader. Trona (000,683) is located in Asia's largest gas fields in Ordos Basin, is planning to build invested heavily involved in West-East Gas Pipeline project, and the use of low-cost advantage of the development of local gas prices of methanol and other chemical products. Methanol as a clean fuel, is considered a good alternative to new energy, have good market prospects, the project in line with national industrial development policies. The company relies on abundant natural gas and coal in Ordos resources, is building the country's largest methanol production base. Coal for the Eleventh Five-Year Work Program and the focus of development projects in the next few years is expected to usher in rapid development period. Trona Boyuan companies to set up in Inner Mongolia Coal Chemical Co., Ltd, engaged in coal chemical production and sales. The company currently coalfield covers an area of 24.84 square kilometers, resources and total reserves amounted to 265.77 million tons. Ida in the long flame coal, coal is a good momentum and civilian fuel. Recently, the Trona also Boyuan chemical companies to increase co-invested 94.3 million yuan, capital increase, the Trona Boyuan Inner Mongolia to hold shares in the joint chemical companies increased from 36% adjusted 42.2%. Boyuan United Chemical Co., Ltd. has been the introduction of natural gas industry, is to create Trona Trona and gas industry as the leading diversified industrial structure of a key step is expected to become a new profit growth point. Company has been expanding Anpeng alkaline mine production scale, enhance the Mine Anpeng base in the domestic and international market competitiveness and development prospects are rather optimistic about the future, will have an important impact on the domestic soda ash market, have to contend with the United States imports of Trona capacity.
In addition, Trona (000,683) August 31, G soda announcement said the company and the Inner Mongolia Coal Distribution Limited Evergreen August 29, 2006 in Erdos City in Inner Mongolia, signed an "equity transfer agreement", the company will hold a Ordos City, North Coal Chemical Industry Co., Ltd. 29% of the shares transferred to Evergreen companies, the transfer price of 128.88 million yuan. The sale of the company shares in cash transactions, the revenue is expected to 115 million yuan, will be included in 2006. 3 the company announced quarterly in striking the projected 2006 net profit up 250% -300%. Last year, the company net profit of about 41.31 million yuan, 0.088 yuan per share only if the expected growth rate according to the company this year, the company net profit of about 145 million -1.65 million, earnings per share of about 0.3 yuan. In view of its future performance will be substantially increased, and their monopoly of resources with the advantages and broad prospects for development of new energy projects, the current stock price ratio is low, afternoon vast room for growth.
The secondary market, Trona (000,683) The unit has a platform for experiencing the pre-order today after the unilateral movements all the way up, break up a strong desire, the amount of energy also indicates that significant amplification of funds to recruit, the main agencies in the transport to do their the bottom of the elevation and regain the upward market, future to speak of focus.
