Data:2009-12-12 2:34
Category: Money Tips Date: 2006-11-21
Agricultural products (000061 market, information, reviews, Search) January 20 Company Announcement: Change the previous surplus to raise funds to invest 138 million yuan from Shenzhen Agricultural Products Distribution Center projects to Shenzhen Pinghu Logistics Park in international agricultural projects. "Pinghu" project is located in Shenzhen Longgang Pinghu Logistics Park, the construction land area of 30 square meters, with a total construction area of planning about 45 million square meters, building plans to invest 300 million yuan, in addition to raising funds, the remaining funds through self-financing and bank loans, project investment return rate of about 14.1%.
As the original two local Shenzhen market, Phuket and the Fukuda-year turnover at 15 billion yuan and more than 5 billion yuan or so, together accounting for 40% of the Company's total turnover in the wholesale market share of more than. But in either case the profit model of the major markets of restricted profit growth and performance of the release. Once the Pinghu building successful, will bring in electronic trading platform, while the two existing domestic market gradually moved to a new market, the company will commission a comprehensive model of the promotion. Pinghu market in the future mainly to Shenzhen and Hong Kong is about 20 million population distribution of agricultural products, while striving to radiation Pearl River Delta, South China's largest agricultural logistics center. If the smooth implementation of the project, through the three years of the integration can be achieved in the local market in Shenzhen alone about 2 million net profit, the total contribution of about 0.52 yuan per share.
Ping An Securities analyst Li Liu that although Nanchang, Liu sugar company's performance in a conservative bias, but because of the people-run supermarkets and other businesses the actual operating conditions need to be further verified to give a conservative target price of 31.60 yuan, to maintain "highly recommended" rating.