Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-12-18
Investment in Securities Research Institute is expected to Guo Changsheng, China and Czech Republic share 2006,2007-year earnings per share were 0.43,0.52 yuan, today, next year's growth up to 25-40% or higher, the current price is still undervalued, the company and reasonable price should be 11 yuan. To maintain "overweight" investment rating.
Guo Changsheng said, as market sentiment high, the company started plenty more healthy financial position. Relying on the current market a good economy, the company continues to grow at a rapid process. Revenue growth in the first quarter of this year, although below last year's level, but still ring than last year's third and fourth quarters quickly.
Guo Changsheng that highlight the company's new "three high" characteristics, performance or exceeded expectations. High value-added, high-quality, high-tech is leading the company towards intensive, a faster growth path. In addition to casting production line to meet the company's own sewing machine castings, while the higher profit margins have been opened up new markets for automotive castings; with the leading technology of 8 million oil-free machine project is progressing well, expected price trend also rose.
Guo Changsheng said sewing machine industry consolidation is imminent, the company resident in the driving position. Sewing Machine survival of the fittest is becoming a trend in the industry, the company's rapid rise has won the M & A on the initiative.