Category: Money tips Release Date: 2007-07-12
Guilin Tourism (000,978 market, information, reviews, search) with the focus on the strategic position of Guilin tourism economy, the establishment and completion of split share structure reform, the Company's control of tourism resources in surrounding areas began to Guilin scenic area to the core resources "march" , thereby breaking the geographical restrictions, and actively integrate tourism resources inside and outside the province, has developed into the most powerful in the province of Guangxi tourism enterprises.
Guilin Tourism to develop tourism in the main business at the same time, in order to circumvent the tourism industry event of unforeseen events (such as SARS) to the business caused by sharp fluctuations, but also try to intervene with high barriers to entry, relatively stable earnings prospects of franchising businesses. Although it is a mixed business-related, but the core value lies in its monopoly, while the profitability will gradually change, we should be confident. The company also integrates the "two rivers and four lakes" area, a model of innovation and control of the core resources. In addition, the company's timely intervention leisure tourism resources - Hot Springs (Longsheng, Hezhou) development, the continuous improvement of people's income level, for leisure tourism made by a higher demand, hot springs, as one of the three major types of holiday tourism resources around the resources for recreation, entertainment, catering and other services to enhance the user ARPU value, will become the new company's future earnings growth.
Everbright Securities analyst Mao Zhengrong believe that with the completion of the reform of the system, Guilin tourism resources integration platform, significantly enhanced the status of the various assets, profitability, significant improvement also in the process, it is expected 2006 earnings per share will reach 0.27 Yuan, 07,08-year earnings per share forecast raised to 0.36 yuan and 0.46 yuan. According to research, the company will enter the next few years, high-speed development period, whereby an initial increase investment rating "optimal -2."
