Category: Money tips Release Date: 2006-06-09
Source: Kim Tong Securities Author: Chen Yong Chao
Week 4, a moderate heavy volume index pulled up, the disk is in full swing, stocks surged everywhere, of which some of the fund Zhongcang species become a major long on force. Taking into account this week, five of the last trading day in September, the Fund and other agencies have raised the strength of the habit of the market value of shares, we believe that a number of short-term investors can focus on the value of a serious underestimate, subjects face a number of popular varieties of funds concern. 600123G orchid is just one of only seven times the price-earnings ratio of the popular leader. The first half of the company in 2006 earnings per share up to 0.805 yuan, according to China Merchants Securities analysts believe that under the company's current development process, the 2006 performance of the company is expected to reach 1.72 yuan per share, the dynamic price-earnings ratio is only about 7 times, value significantly underestimated. In addition, should focus on is the company's shareholder meeting commitments in 2006 from the undistributed profits for 3 consecutive years will more than 30% for paying cash dividends, we see that the medium-term this year as high as 2.17 yuan per share, undistributed profits, all in more than 3 yuan, equivalent to 0.9 yuan per share, there will be up to the retained earnings, risk-free rate of return as high as 7% or more! The Unit is currently adjustment has been quite full, short-term at any time is expected to soar out of the market, suggest that investors pay close attention to my friends.
Coal Chemical Industry leading growth potential
July 31, according to "China Securities News" article entitled "G Orchid coal and chemical industry can take off together," one paper reported that the company's 1.5 million tons of construction methanol, 1 million tons of dimethyl ether project in Jincheng City, Shanxi Province, and "10 15 "plan of key projects, but also China's largest" gas from coal "project. The construction project in three phases, a construction scale of 20 million ton / year methanol, 10 million ton / year dimethyl ether, the construction period of two years; two construction scale of 40 million ton / year methanol, 25 tons / years, dimethyl ether; three construction scale of 90 million mt / year methanol, 60 million ton / year DME. After the completion of the project is expected to add annual sales income of 4.2 billion yuan, the new profit of 1.3 billion. Can be seen, the company's coal chemical business is quite strong, coal chemical industry leader deserved, especially in the new profit of 1.3 billion against the backdrop of the next few years to imagine the performance space is extremely broad.
Underestimate the value of the coal industry leader
Entered in August, the involvement of oil falling for the impact on the market performance of coal stocks may be more low-key. But with oil now entered a rebound, and the state shut down a number of small coal mines, as well as the construction of power plants and other factors, the late, authority expects coal prices in 2007, 2008 will continue to follow the situation with high, medium still has a larger long-term investment value . We have seen, the company leading products are made high-calorie, high mechanical strength and high level of carbon-containing salient features, and was designated as Britain's Royal fireplace coal in 2007, real output is expected to reach 5.7 million tons. Through rehabilitation of existing mines and new coal mine Yuxi, 2010 an annual capacity of more than 10 million tons. Company to 248.93 million yuan for large coal mines and TANG Yang coal mine mechanization and efficient transformation, change, after expansion of Dayang Coal production reached 1.5 million tons / year (a net increase of 600,000 tons / year), TANG coal reached 1.5 million tons / year (a net increase of 900,000 tons / year). To 182.69 million yuan investment in Hakata Branch 90-180 million tons / year expansion project, will be screening the original ground shipment and storage systems, key components of larger-scale restructuring and transformation, to reach the link smoothly, safely and efficiently. Therefore, from this perspective, the present value of the unit has been underestimated, there is more room for growth later.
Poised to fully broke out soon
Secondary market point of view, the Unit in June began an active strength of consecutive disk structure, capital movements significantly. Under the broader market followed the pattern of shocks, the Unit have taken advantage of to make a small box shocks. Week 4, the Unit immeasurable adjusted to early August lows, was supported by pulling a small Yang Xian. Afternoon, the Unit 7 times earnings with a great probability, as well as the leading coal chemical industry and many other real Aspect broke up from time to time, we recommend investors to pay close attention to my friends.
