Category: Money tips Release Date: 2006-10-30
Historical Information: G COFCO to (000031): Tianquan Quotes only just begun and should focus on market outlook
Fundamentals:
Through a major reorganization of assets, one of the world's top 500 COFCO entered the company, will allow the company to become bigger and stronger group main business real estate platform. Industrial real estate + commercial real estate will form a steadily profit model. After consolidation, the company will be high, mid-range commercial housing-based real estate company to build a new blue-chip. The company also invested 98.83 million yuan shares of China Merchants Securities, a total of holding 15533 shares, 6.47% of its total share capital. The secondary market, the new unit as a leading real estate stocks, secondary market, the early trend of relatively strong, the recent sideways poised to fully, the recent high volume, breaking up the market outlook is expected to accelerate, the proposed attention. (With map)
Source: Securities Times
G, grain land (000031), was originally called "Shen Baoheng." In November 2005, COFCO 27,806.25 shares of the transferee company's state-owned shares (59.63% of the total share capital), to become the largest shareholder.
May 18 the company to implement 10 Zhuanzeng 5 shares resume trading began that day out of Tianquan Quotes. Although the stock failed to follow the broader market higher Friday, as a good stock fundamentals, stock Tianquan trend will not change. May 16, Guotai Junan is given on the stock "overweight" investment rating.
One of the world's top 500 COFCO entered the unit, will allow the company to become bigger and stronger group main business real estate platform. Industrial real estate + commercial real estate will form a steadily profit model. Also will allow the company to local businesses from the past into a national real estate leader. March 21 announcement also said it will work with co-located in Guangzhou Haizhu District of Guangzhou Vanke transferee 7423 square meters of land use rights, amounting to 188 million yuan. 2005 Annual Report revealed that in 2006 doing a good job Area 46 Waterfront Plaza, 80000 square meters residential and commercial projects to ensure completion of settlement in 2007; 115 Area Project officially started fighting in 2006, completed in 2007; Xinan Lake 5 Area of commercial and residential fighting in 2006 to start .
On the other hand, the company invested 98.83 million yuan shares of China Merchants Securities, a total of 15533 shares of China Merchants Securities equity holders, accounting for 6.47% total share capital. China Merchants Securities in 2005 during the reporting period no dividends, as the stock market started in 2006 should be a good returns.
Currently, the stock has just started Tianquan Quotes, afternoon should focus on. (Zhejiang Li Jie) Figure: