Category: Money tips Release Date: 2006-06-30
Source: Far East Securities
2 Textile Machinery (600,604) is a large domestic textile machinery manufacturers, cotton, chemical fiber textile machinery products were the domestic market share of 40% and 70%, with a certain degree of dominance. "Eleventh Five-Year" period, the machinery industry will maintain steady growth, the growth rate of 12% to 15%, which will bring new opportunities for development of the company.
The company actively with the international well-known enterprises in recent years, technical cooperation, including with the German co-production of polyester filament Barmag's high-speed spinning machine, the introduction of German technology to produce Schlafhorst automatic winder are all very successful case. Company's controlling shareholder Pacific Electro-Mechanical (Group) actively enhance the company's industrial structure, improve corporate governance, and plans to introduce foreign strategic investors for the company, the chairman has said publicly that its not necessary to retain 2 Textile classes listed companies. Company with foreign capital merger and reorganization possible.
The company has a sound system of domestic and international market network, the products in Pakistan, Bangladesh and other textile big country has a larger market, in 2005 the company exported the first batch of spinning machines in India, opened the world's second largest textile country's door. 23 company's existing product patents, with completely independent intellectual property rights to achieve the same level of the current world spinning combination machine, made three utility model patents. The next few years, with the company's automatic winder, long car spinning frame, roving frame, high-capacity fiber spinning machines and other new products coming to market, which will lead to new profit growth point.
Company's previous announcement, the Shanghai No. 242 Wuyi Road, an area of 1002 square meters, construction area of 516 square meters of real estate transferred to the Shanghai Electric Group Asset Management Limited, the transfer of up to 10 times earnings. Company's headquarters is located in Shanghai Hongkou District, covers an area of 338,000 square meters, in the Putuo District, Huangpu District and other downtown areas, a subsidiary also has large tracts of land. In the context of the appreciation of land, the company's own value even more prominent.
The secondary market, the stock's recent trend of finishing a clear upward triangle shape, the recent volatility, gradually narrowing, indicating that adjustment is nearing a breakthrough afternoon upside potential for them to focus on.
Historical Information: G 2 Textile Machinery (600,604): to enter the main striking Shenglang July 23, 2006
Source: Hantang Securities Author: Chan Chi-kwong
Every major bull market, the Shanghai local stocks played a very important role, but this year in Shanghai Quotes performance of local shares, and not too prominent, so the outbreak of a wave striking surfing Quotes worth the wait. Disk from the current point of view, because of factory space has become a prime location, the overall market, equity norms, concepts such as cross-shareholdings, Shanghai, active in the local small-cap stocks, a market darling. Shanghai local small-cap stocks historically focused on the reorganization of assets, clearly stated in the State-central enterprises should be gradually listed as a whole, reorganization and acquisition will become the hot atmosphere of the second half of the market, light industry and machinery, China Textile Machinery, G Jinfeng and other characteristics of the local shares strong Obviously, the demonstration effect of continuous attacks daily limit, the Shanghai local small-cap stocks usher in a new round of major investment opportunities.
Shanghai local shares of other regional unparalleled geographical advantage, as the domestic economic development of the most developed regions, the high price of their land so far behind other cities, in the tightening is expected, consumer-related stocks respected by the agencies, together with the future revaluation of the RMB , so that part of the strategic location of the Shanghai Commercial and real estate stocks have the concept of revaluation. Some old factory land revaluation of fixed times are calculated in full circulation and the new accounting standards to be implemented against the backdrop of rising power is more plentiful.
Shanghai state-owned assets has been brewing system-related mergers and acquisitions, restructuring, Shanghai, are being prepared to adopt a new round of reforms to further improve the quality of listed companies Shanghai. Shanghai Hong Kong shares are expected to rally his forces, and starting anew, "Pengtou." Shanghai began to upgrade the reorganization of the local unit from the past "life-saving" to the level of optimal allocation of resources to upgrade and put forward the formation of groups to carry out strategic restructuring of industrial optimization objectives. Shanghai in the future restructuring of the local stock market may be taken as a whole group and create a new blue-chip models; or group's listed companies on the industrial division of labor, to upgrade the industry's core competitiveness. This has also allowed Shanghai to be the new face of domestic stock investors appeared in front of.
G 2 Textile Machinery (600,604): Shanghai local small-cap stocks, one of the representatives of species, the actual controller of Shanghai Electric Group has clearly put forward into the world top 500 goals. The success of Chinese Textile Machinery Shanghai Electric Holdings, its subsidiary will have two Chinese Textile Machinery Textile Machinery Textile Machinery and Second class listed companies. Previously, Pacific Electro-Mechanical Group Chairman Cheng Wu has said publicly that, Pacific Electro-Mechanical's no need to retain two classes Textile Machinery listed companies, we can see that its subsidiary Shanghai Electric to increase the integration of Textile Machinery Listed companies will be possible to force .
Shanghai Electric Group is China's largest power generation equipment, large-scale machinery and equipment design, manufacture and sales of enterprise groups, and its business covers mechanical and electrical equipment manufacturer in China in all areas. As Shanghai Electric took over the Chinese textile machinery has already entered into the main Sheng Lang. 2, like textile machinery and textile machinery in China is a subsidiary of Shanghai Electric Corporation, palm back of the hand are the meat, the Chinese textile machinery in the shares of Shanghai Electric reform to get the full support, I believe in the subsequent integration, G 2 and China Textile Machinery Textile Machinery like the Shanghai Electric Group will become the integration platform for machinery and equipment industry.
Another analysis that: The Unit Shanghai plant demolition of appreciation of the bustling commercial area will exceed 2.2 billion in the outbreak of extraordinary power. G 2 Textile Machinery is a large Chinese textile machinery manufacture and sale of one of the company bustling commercial zone in Shanghai, plant and land appreciation investors have not been excavated. For example, ST Tung Yuen company operating in very poor condition, but only because it has a 300 acres in Chongqing, the stock would have been pushed up to double the current high straight up, there are many such examples. The G 2 bustling commercial zone in Shanghai textile machinery plant more than 500 acres of land conversion, the price in Chongqing and other places far more expensive, the cost of the transfer of proceeds of more than 10 times, G 2 Textile Machinery Factory if the demolition of 338,000 square meters according to market value calculation will reach 2.5 billion, the cost is only just less than one, the appreciation will be more than 2.2 billion. Textile Machinery Part 2 covers an area of 338,000 square meters, housing an area of 276,000 square meters. Erfangji headquarters is located in Shanghai Hongkou District, in the Putuo District, Huangpu District, and other commercial downtown area Erfangji has two subsidiaries in Pudong Jinqiao Development Zone, two textile machinery plant has a two-story steel structure. these gold zones plant relocation has been put on the agenda 2 Textile Machinery .
