Category: Money tips Release Date: 2006-07-15
Source: and News
Rapid pulled up midday
Transaction reason: G TEDA beginning to receive the favor of institutional investors, shareholders, major changes in structure. Regional development services industry, TEDA Environmental pairs of Hong Kong garbage power generation project running smoothly.
Investment Highlights:
1, the company Warm material to protect the rights of military production and supply of 1.2 million sets, in the military system has won a good reputation. In November 2005, the military will be warm all the material procurement market liberalization of national production companies bidding for the thermal material. TEDA clean materials, the company eventually with their own technological advantages and good reputation of the army monopolized 2.26 million sets of procurement contracts, but also a monopoly of the People's Armed Police Force for the 12 million sets of procurement contracts.
2, TEDA construction of pairs of Hong Kong investment in environmental protection waste incineration power generation projects, after all the staff for 21 months of hard work, on May 13, 2005 successfully passed the three furnace 2 machines 72-hour continuous test run and officially entered the business operations. As of December 31, 2005, two Hong Kong garbage power plant deal with garbage accumulated 300 thousand tons, generating 35 million kwh electricity access, for a total sales income of 60 million yuan.
3, the company board of directors by the eighth session of the fifth through innovative management mechanism, Tianma International Club-owned 1050 acres of land and Beijing Vantone Real Estate Co., Ltd. for cooperation in the locked fixed-income at the same time with Vantone Real Estate a wealth of professional management and real estate operating experience work together Pegasus project, with a view to achieve greater benefits.
Risk Tip:
1, as the company of several large projects are in the construction period, and the company involved in new areas, land resources, finishing industries, especially in commercial areas and cultural construction of the canal, mainly for the early removal of subsidy payments, a larger capital investment, making the company increase the burden of financial costs.
2, administrative expenses increased during the reporting period the Department of the company into a subsidiary of Tianjin Teda Environmental Protection Co., Ltd. formal operations, pre-start-up costs total write-off and with the company's business volume due to the increase.
Investment advice: The company will strive to become first-class regional development service providers and high-tech clean material suppliers as the goal, independent technical innovation and overall budget management of the main line, and strive to enhance the company's core competitiveness, and actively seize the great development of Binhai New Area opportunities. The company is located in Tianjin Binhai area, the country's development strategy for the future development will bring some opportunities. The regional reference price 5.90 - 6.23, the first target located at 6.71 yuan.
Related sections:
1, the concept of two in Shanghai and Shenzhen 300, Tianjin Binhai New Area
