Category: Money tips Release Date: 2006-11-05
Source: Hualin Securities Author: Wen SY Tam,
In August, the last trading week, the market a mild concussion, received a heavy volume of small-yang hatched cross-sing, MA System Repair a good short-term moving averages show long arranged, but the show upward pressure. News this week, the surface was relatively calm. As the stocks in the adjustment still retains more than 17.0 billion level, the market outlook is still upside momentum, technology continue to focus on the surface of the resistance near 1666 and 1620-1630 regional support. In short the index ICBC issued before the tape should not be dropped, in the current operating situation, the greater chance of structural adjustment, the adjustment city should look for "safe harbor", the first in an invincible position, in which large shareholders of the "escort" G-spike Airport (600004) forward and attack, retreat and defend, is a good investment products.
Current holdings of major shareholders the most resolute none other than stocks of non-G Sui airport, a major shareholder in Guangdong Province Airport Group G in the holdings of 60.3% stake in the airport to Guangzhou, based on the holdings recently announced that it would be more than 100 million shares of G Sui Airport equity, when completed, will hold up to a maximum 70.3% stake in a total of 703 million shares, of which the outstanding shares of 200 million shares, accounting for 476 million outstanding shares of 42%. Notice that the airport group, G Sui airport as one of the three major domestic hub airports, the main business well, now at the stage of rapid increase, but the G spike undervalued by the market value of the airport, the Airport Group, as the controlling shareholder, has the responsibility G Sui airport express confidence in the future development of the obligation to strengthen the consistency of values of all shareholders, to increase its stake will be the future of G Sui airport "capital operations" and development has a positive role. This means that the Airport Group will be further injection of quality assets.
G Sui Airport is the domestic Big Three, but the stock is "third-rate", rich and powerful province of Guangdong Airport Group "very angry", but also shot, and also Airport Group will never want to let G Sui Airport 240 million shares of put warrants are exercised because the warrants are exercised, the airport will eventually be held by the Group G Sui Airport 943 million shares, 94.3% of the total share capital, when the G Sui airport will withdraw from the market due to privatization, so in December 22 to do everything possible to make G-sui Airport stood right price of 6.9 yuan over the line, then the current 6.4 yuan to intervene, to the right line on the yield, 8.1% compound annual return rate of 24%, shares hit a lot better than it is now with the major shareholders and looting " profits chips "when, G Sui airport, most of the remaining chips locked in institutional hands, Airport Group would also like to buy 100 million shares, will further inject quality assets, stock full of lift. G Sui airport and the capital, Shanghai Airport with out national first-class airport, accounting for around 70% market share in the Pearl River Delta in China and Southeast Asia, all the traffic in an absolute leading position in southern China's largest air traffic hub, the new airport comes into operation in , terminal area of rent collection and rent water greatly increase the average lay G Sui airport has become the basis for a global cargo hub for the logistics industry in South China and the country has brought an unprecedented new opportunities for the development.
知子莫若? G Sui airport, the value of Guangdong Airport Group's most clearly been generous holdings of shares outstanding. In order that the December 22 G Sui Airport 240 million shares of put warrants are exercised, when the Airport Group to take over 94.3% chips, G Sui airport will withdraw from the market due to privatization of the scenarios, the Airport Group to continue buying as G Guangzhou airport, is likely to inject high quality assets in order to enhance the performance of G Sui airport, so that stock prices rise to 6.9 yuan, as long as the right to put warrants not work, the Airport Group holds 70.3% stake in a maximum, G Sui airports without fear of being privatization. G Sui airport escort multiple positive factors, the current 6.4 yuan to keep the bottom of the eruption of the region, it is worth close attention.
