Category: Money tips Release Date: 2007-04-03
Source: Kim Tong Securities Author: Chen Yong Chao
This week, the last trading day the broader market started technical adjustments, as of closing index closed at 1636 points, down 21.95 points, turnover of 200 million, essentially flat compared.
Steel shares outstanding performance, G Guangzhou Iron and Steel Continuous daily limit, G Baotou, G Handan Iron and Steel gainers. For the steel plate purely sector rotation and therefore recommends that investors generally treat. In addition, the local shares and new shares in Shenzhen to continue to pulse plate upside, leading G Shenshen Fang, Jiangshan chemicals all performed well. Of course, there is a section that is for energy-saving plates, Friday issued a major media "State Council's decision on strengthening energy conservation", like the G major square, G has a variety of funds such as Linkage test plate signs, next week should focus on.
Of course, for the steady investors, some of the value of stocks at the bottom of the existence of better investment value. If 600008G first, water faucet, is currently in the bottom of the middle large, there is a better investment value. China's "Eleventh Five-Year" period will exceed one trillion investment in water works, it is reported, "Eleventh Five-Year" period, China's urban sewage treatment, recycling facilities planning, new investments to increase the scale of more than 3300 billion yuan. In order to solve water shortage in the north water diversion project, only in the middle, east line would require 320 billion yuan of investment. In addition, water stocks have price increases expected. So for water shares of the center line is clearly room to grow larger. The company is based in Beijing, and have been completed and in Jiangsu, Shaanxi, Zhejiang, Guangdong, Anhui, Shandong and Shenzhen and other places water distribution, water supplies and substantial increase in business revenue, has truly become the company's core business. Meanwhile, the Ma On Shan's first waterworks at the end of 2005 the company's fourth production, a new profit growth point. Companies, including holding and shareholding of the water supply project total of 7.3 million tons of water daily processing capacity of the service population of 14 million, and by 2010 to achieve 15 million tons of daily handling capacity to access the forefront of the world's water industry. In addition, company's main area for 14 years after Beijing raised nine times the current water price of 2.8 yuan per cubic meter, but not yet adapted to the region, water shortage, the price of water increases the same time that step will be the inevitable trend of the price of water, the company is expected to directly benefit from the reform of water price formation mechanism.
The broader week tape Xianyanghouyi, Japan and K lines SANYANG 2 Yin, Zhou K line in 0.84% of the shadow Yang Xian, outlook next week, the weekend fell from a technical point of view can be regarded as pairs of 55 Date Line to withdraw sword, next week, stocks in 30 days near the line of 1620 has strong support.
Quote this band should be said that there are still fundamental support, according to the latest semi-annual statistical data shows that overall performance has improved rapidly in the first half, net profit year on year growth rate of 7.54 percent, reversing the decline since the last annual report of the trend. In addition, as of now, there are 320 companies listed on the first three quarters of this year to predict performance, pre-and the increasing of the good news the company accounted for nearly half of the Yu Ying. Therefore, the overall performance continues to improve for Quotes laid a solid foundation, but also to the valuation down to a reasonable level, but also conducive to the development stage Quotes. But the reason for the latter half weeks broader market correction, one is for technical reasons, on the other hand the market shares of new stock in particular the expansion of broad market concerns about the issue of super-large-cap stocks and gradually approaching the pace of expansion will allow the market to face some psychological pressure, in particular the ICBC is China's rehearsals have already started pre-IPO road shows, China Life has also issued 1.5 billion A shares on the agenda, these super-large-cap stocks in the absence of the completion of pre-IPO market will bear a certain degree of psychological pressure. Technical point of view, 1660 points to 1680 points, the region is a pre-transaction-intensive areas, accumulation of more lock-chip index up on the formation of resistance. Paragraph of this increase in the accumulated stock rally since the range is also as much as 100 points and has accumulated some of the profit drive. Lock-plate double pressure plate and profitability, stock shocks and then the inevitable, but also looking down, we have that 30-day moving average near 1620 would also constitute a strong support.
Operation, for the bottom value products, investors can look at the median line.