Category: Money tips Release Date: 2006-01-17
Source: Orient Securities
Commercial plate has been the market considered to be one of the prime candidates for acquisition by foreign investors, in the full circulation and acquisitions to become a strong department within the foreign investment to expand the size of the primary means of business against the backdrop of the restructuring of the domestic commercial plates very rich imagination. At present, the domestic commercial market is facing tremendous competitive pressure, as market competition intensifies, part of the business class would opt for re-transformation of individual stocks, thereby enhancing the company's competitive strength. And such there is a strong revaluation of the company and acquisitions expected, the secondary market for such stocks with enormous potential. This year in July, Wuhan City Commercial Bureau, the SASAC and other departments to submit a paper on the reorganization of the municipal government of Wuhan business "Implementation Program", in accordance with the program, Wuhan City Commercial Group, will replace the holders of Wuhan, Wuhan Guozigongsi three business listing shares of the company's goal is to play three commercial listed companies, synergies and optimize the allocation of resources. This means that the Wuhan municipal government will set up a business group in Wuhan, and Wuhan Zhongnan Commercial (000,785) is one of the three re-integration of the formation is no doubt to the value of the company is a big revaluation of space.
Wuhan Zhongnan Commercial (000,785 market, information, advice, and more) is currently in 11 cities in Hubei province that Communist China has a shopping mall, eight department stores shopping stores, 20 discount stores and 17 hypermarkets chain of proprietary Chinese medicine shops, business area of more than 258.5 thousand square meters, has formed a multi-Yetai commercial pattern. Is one of the top ten business group and became the most successful central region, one department store chain. Won the "2005 China's retail hundred enterprises", "2005 National Business credit enterprise" and other honorary titles. And the Wuhan Zhongnan Commercial key construction of commercial projects in central China's only truly ShoppingMall project, it was introduced in 2005, the company withdrew the initiative with the main business-related degrees lower two non-trading companies and is located in Henan, Hunan, The two Foreign chain stores, its subsidiary Wuhan Zhongnan Commercial appliance chain branches are out of home appliances business,, transfer to Wuhan, GOME Electrical Appliances; the other hand, companies focus on to "rig the Mall". Its project lasted nearly five years, with a total construction area of 20 square meters, August 28, 2005 began trial operation, the occupancy rate has exceeded 85%, to achieve rental income of nearly million contract. The project has attracted Wal-Mart, Jin Yi International Film City, Pizza Hut, carnivals, theme parks, etc. are well-known merchants settled. This new business model built according to the Wuhan ShoppingMall the company's future business development focus and a major profit growth.
It is noteworthy that Wuhan Zhongnan Commercial (000,785 market, information, advice, more) in real estate there is still a great value revaluation of space. In Hubei Golden Circle also has many commercial property, only the prime commercial circles in Wuhan, we have hundreds of thousands of square meters of commercial real estate. As the real estate acquisition in the early, so a lower book value. With the appreciation of the RMB revaluation, and commercial real estate heating up, the company owned commercial real estate has appreciated substantially, but the actual value does not adequately reflect the company's books, such as the company's book value of commercial building South Africa thousand dollars only to succeed, and shop around as much as the average price yuan / square meter, thus the projection, the company added commercial real estate will reach billions of dollars in value-added imagination very large.
The secondary market, the stock has been fully callback, short power had been fully released, since the shares have single needle bottom, the stock stabilized stabilized, the focus once again on the move, shares of sexual being has been successfully activated, attracted a large cash to work in, the market outlook is expected to be further pulled up, can focus on.
