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Data:2009-12-12 2:34
Source: and News
Higher transaction morning oscillation reasons:
Golden (Group) Co., Ltd. on November 15, 2006 to tender the price of 756.68 million yuan, Chaoyang District, 4-Hui Bridge northeast of residential and public construction projects of state-owned land use right of land. Meanwhile, the company higher up the development of land reserve allows the company greater ability, as the company's national strategy to complete the initial layout, the main industry in its real estate development potential has been further enhanced.
Investment Highlights:
The one hand, a company actively involved in land transactions throughout the open market through the auction to obtain the Tianjin, Ningbo and Beijing a project; the other hand, grasp the macro-control has been making some of the land transaction return to market opportunities, by way of tender offer Zengcheng of Guangzhou and Xi'an for the various a project for the company laid the foundation for sustainable development. As of now, the company has not started construction area of land bank of about 500 million square meters.
Two companies in early 2005 in Guangzhou Zengcheng additional 2.507 million square meters of land, speeding up in Shenzhen as the center of the Pearl River Delta region expansion; February 2005 Jinnan District, Tianjin competing pairs of town was listed to sell 566 acres of land to complete the Bohai Economic Circle key cities in the layout; through the auction for the project in Ningbo, the company in the Yangtze River Delta, another important step in the layout; way through the tender offer for Xi'an project, started in the northwest of the strategic layout.
3 the continuous improvement of company's comprehensive strength has brought honor and the wider social recognition. New real estate company has won the "China's comprehensive strength of 10 listed real estate companies stronger," fifth, "China's 10 greatest growth potential in the real estate listed companies," seventh, "2005 China Real Estate companies the best brand positioning Award" ; TOP10 Research Group won the "2005 China's comprehensive strength of listed real estate companies TOP10" fourth, "2005 Chinese real estate wealth creation ability of listed companies (EVA) TOP10" third and "2005 China's most blue-chip investment value of real estate companies," the title of ; in the seventh, "CSI Asian business development power of China's most Top 50 Listed Companies," ranking the company No. 27 from the previous year rose to 19.
Risk Tip:
A government policy of uncertainty is still the company in 2006, will face the biggest risk.
The future of two new domains, such as a Green World project in the macro-control rate decreased significantly after the sales of the year sales area, sales amount, Sales Outstanding was the beginning of the budget compared with other indicators declined. The decline in sales targets did not affect the realization of business objectives in 2005, but in 2006 the achievement of company objectives resulted in pressure.
Investment advice:
Company is one of the leading domestic real estate industry, land-abundant reserves; suggestion is to focus attention. The first target bit 15 respectively.
Related sections:
Real Estate section