Category: Money tips Release Date: 2006-11-02
Source: Donghai Securities Author: Wang Xingjun
With the broader market and gradually lower the pre-emergence of some high-priced shares of continuous adjustment of the current market, while some low-priced shares of the market has become a hot chase. Then tape the deepening of structural adjustment when the highway will become the market defensive blocks a hit. G East, in particular to focus on controlling (000,828).
Reorganization of assets involved in highway
Under the guidance of the company in Dongguan city government carried out a reorganization of assets replacement, Wan Shen Gaosu have billions of dollars in assets, and other public facilities, investment, development rights. By restructuring, the company involved in a stable earnings, cash flow sufficient highway industry. The highway from the current China's listed companies, due to the higher monopoly highway, so the company's main business inconvenience to the high profit margins of around 70%. Another highway industry, ample cash flow, operating stability and less subject to fluctuations in performance, is a very good defensive one plate, the domestic highway industry has a "money printing machine" reputation. Shengao Su Guan, Guangdong Province, is currently planned as a high-speed part of the second ring will play an important role in the regional economy, Dongguan City, strengthen the skeleton and the strengthening of the trunk highway network and other roads convergence plan will further promote the development of fee-Wan Shen Gaosu . Therefore, I believe so if the company involved in highway industry will have a very good development prospects.
Policies to foster the company will benefit from the
Highway industry will be fostered by the state, such as lowering the toll road enterprises operating rate, introduced the "toll road fees and charges guidance pilot weight," thorough investigation of speeding, overloading and other violations. Thus, many countries are increasing efforts to foster the management and highways. From the company's announcement, we can see, the company received from the Government for three consecutive years of financial subsidies, addition, according to the Ministry of Finance, the State Administration of Taxation jointly issued the "passage of vehicles on the road venture fee income business tax policy, comrades," enterprises collect highway road vehicle entry fee income from the original 5% reduced rate of 3% of the rate of pay sales tax. Reduction in tax revenue, will allow the company to reduce operating costs, the market outlook is conducive to the development of the company. Highway can be seen by the state's industrial policy, support the industry, the market outlook is very optimistic about the prospects for development.
The secondary market, the stock price was lower, defensive strong, but a quarter agencies are involved in the stock market outlook optimistic. Today, the Unit gone against the tide strong, short-term stabilized signs of funds is expected to become a hit is a broad market adjustment funds the best refuge. Is expected out of the strong short-term rally.
