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Data:2009-12-12 2:34
Source: Galaxy Securities
Galaxy Securities Li Hung expects the next three years, results of GST chemicals could reach 100% annual growth over the current stock price significantly undervalued by the market. By 2008 16 times PE real estate business and 18 times PE chemical business computing, the company should be a reasonable valuation of 7.68-8.48 yuan, to give a "buy" investment rating.
Li Hung believes that the main paint and coatings industry, the company gradually bottomed out, remove ST hat into the inevitable. Company's main paint, coatings and chemical raw materials such as research, development, production and sales. While global oil prices rise in the cost of making paints and coatings, but the paint, coatings sales growth sufficient to compensate for higher raw material prices. Data show that in 2006, from January to May, China's paint and coatings industry, net profit rose 55.91%. Company stock reform promised in the next three years, the performance of not less than 6.9483 million yuan, 10.4224 million yuan, and 15.6336 million yuan.Historical Information: GST Chemical (000,791): 2 yuan to win consecutive limit-attack on the pre-June 11, 2006
Author: BAN first securities
After nearly two weeks of slow upside, although the index longer accept Yangxian Wednesday, but the market upside momentum is clearly insufficient. 10 Lian-yang, the market needs a correction. Volume shrinkage and also predict the short-term order is about to begin. To adjust the city is undoubtedly the most dynamic course ought to ST plate plate, their unique seesaw effect of making it in adjusting the city has always been invincible. A total of 14 cities Wednesday sealed ST stocks daily limit, we can see the layout of the main funds had been ahead in the next adjustment of ST will be the city's biggest highlight. Recently, ST Jincheng, ST Chang Yun There are already four limit-, ST segment's overall strength almost certain. GST Chemical (000,791) has a limit-trend has emerged first, investors may wish to focus on.
Aspect 1: the concept of financial futures, hot debut
With the stock market environment, the improvement and the introduction of a variety of financial derivatives, the financial sector's every move are all concerned about the investor's heart. The recent introduction of financial futures and bank credit funds are expected to be heavy into the period of the city of the message the market to attract attention to futures markets. Since China adopted a strict separation of the business model, a major reform of the futures market will bring significant positive stimulus related businesses. GST Chemical has a futures brokerage firm in Gansu Gansu up 71.8% stake in the holding position of an absolute. The futures company registered capital of 30 million yuan, mainly engaged in commodities futures brokerage and futures consulting business.
In the June 24 Peking University held the Second International Forum on energy and metals strategy, the China Securities Regulatory Commission Yang Mai Jun, director of Futures Supervision Department, said the State Council, China's futures market is the highest active steps to amend laws and regulations. Its indicated that the introduction of financial futures, financial institutions must be its first user, and then restrict financial institutions involved in futures trading is not feasible. Bank credit funds to enter the futures market, and should not be further restricted, but should be by the relevant provisions of banks to decide according to their financial ability to enter the futures market. In other words, let these banks to credit funds involved in futures trading compliance. It is understood that China's financial futures would be launched before the end of the year. He also said that steel and oil futures launched in time is ripe. Bank credit money, open up, for an active futures market will play a very important role in promoting. At the same time the introduction of more varieties of futures will also attract more investors, engaged in futures markets. As a futures company, its brokerage business, consulting services will be greatly improved. At the same time will also increase, such as securities companies and other institutions and opportunities for cooperation futures companies and futures companies, equity gold content would be greatly improved. GST-owned chemical industry in Gansu Gansu up futures brokerage company's assets is expected to rise substantially, the company will be re-benefited.
Aspect 2: 2 yuan to win remarkable potential, the pre -
The company April 18, 2006 issued a public notice that through the reform and strengthening management in March 2006 had achieved a profit from April to June and the main business of the coatings industry will enter a season, performance would be substantially increase, the company expects in 2006 half-year results will be profitable. The company's share price has only 2 yuan to succeed, can calculate the profitability of the lowest shares of the market, one of a very strong short-term outbreaks. From the trend terms, GST Chemical (00791) in the vicinity of 1.4 yuan up to 4 months after the outbreak of the end of April was finally poised to boom market, a continuous curtain of the four limit-a prelude to frenzied rally. The Unit has continued to accelerate up the process, the daily limit Wednesday once again inspire the imagination of investors, space, afternoon continue to be optimistic.
