Category: Money tips Release Date: 2007-02-03
We believe that there should be multi-year perspective of investors to grasp the future investment themes, selection of individual stocks will be better than grasp the broader market. Taking a panoramic view of the stock market so far this year, we can conclude that three of the most active annual theme: First, electrical equipment and chemical industries, and second, new energy, three are low-cost small-cap. At this point, is still the most active in 2005, three years based on the theme of analysis. First, in the promotion of industrial upgrading and transformation of economic growth against the backdrop of, electrical equipment and chemical industries will remain an active continuation of the industry is expected in the future hot spots will also include 3G and digital TV-related consumer electronic upgrades and other topics, while the Those key technologies with independent intellectual property rights of innovative companies worthy of investor attention. Second, with new energy, represented by the "Eleventh Five-Year" theme will become a multi-year investment hot spot, of course, also included with the "Eleventh Five-Year" theme relevant environmental topics and in Tianjin Bohai Bay area, represented by subjects. Third, the small-cap stocks in the expansion is expected to gradually increasing the premise will continue to attract capital.
However, mastery of the above three themes must also be further integration of the relevant listed company's fundamentals. To try to avoid over-investment caused by overcapacity part of the cyclical industry, take the initiative to remove trade friction factors very uncertain export-oriented low-profit enterprises, and more attention to brand name, cost and pricing advantages of the steady growth of consumer industries and enterprises . In addition, similar to China Unicom began to realize that performance to reverse, with customers, market resources, duopoly-oriented enterprises, but also worth investors full attention.
Shandong Pharmaceutical Glass (600,529 market, information, advice, more): Growth performance of the company mainly relies on the steady growth of membrane bottle and brown bottles of substantial growth driven by third quarter year on year business situation improved markedly. Exclusively in the domestic production of biological agents bottle has acquired the production license, the products are widely used in biological products, blood plasma, blood products and other areas, cost far more than similar imported products, gross margin was much higher than ordinary molded bottles, put into operation will become an important source of profits. At present, the domestic bird flu situation is fairly grim, in response to possible bird flu outbreak, the state will set aside several billion dollars of reserve funds, while some of the vaccine in glass packaging products from Shandong Pharmaceutical Glass is expected to benefit indirectly. 2005,2006 expects earnings per share were 0.38 yuan, 0.45 yuan. If the company has achieved 10 to send the right price of 2.5, then the dynamic price-earnings ratio in 2006 would be about 10 times. In addition, the unit market value of the existing flow of 5 billion yuan, part of institutional investors now prefer more variety.
Weifu Hi-tech (000,581 market, information, advice, more): The company main product P-type pump for heavy-duty truck diesel engine package (market share of about 35%), VE pump for light vehicle diesel engine package (market share of nearly 100%). As the new increase in consolidated subsidiaries Weifu diesel systems, the company first three quarters of main business revenue, main profit, respectively, compared with net profit rose 70.54%, 43.90%, 2.05%. 2005,2006 expects earnings per share in the 0.39 yuan, 0.42 yuan. If the stock can reach 10 to send 2.5 to change the right price, then the dynamic price-earnings ratio in 2006 at about 10 times, with long-term investment value. It is worth noting that the company's diesel-based energy-saving products has obvious advantages, in line with national circular economy on the new requirements in the future will have a broader space for development.
