Category: Money tips Release Date: 2006-03-31
Source: Zhang Hongguo Hai Securities
Monday, the RMB value of stocks once again leading the violence market to revive, led by bank shares to banks in order to Huafa real estate, real estate stocks on behalf of full riot to drive index rose nearly 3%. From the message surface analysis, with the approval of new funds issued in place to adjust the bank's real estate stocks as represented by the weight of the front-line species is obviously become a new focus on incremental funding to attack objects. Broader market shares due to such short-term fast-Xi Pan down for, of course, because these shares will be adjusted again after leading the market in place a new round of bull re-gaining momentum. Accordingly, ideas, positive Jiancang yuan appreciation can be expected before the holiday theme of shares big red envelope.
With banks, real estate appreciation of the yuan tied to benefit species of paper plates, since the broader market since the start, or has lagged far behind, also means that the market outlook is strong compensatory growth momentum. From the paper industry perspective, in 2005 China's total consumption of paper and cardboard for the 59.3 million tons, continue to rank second in the world after the United States. 01-05 years, China's paper and paperboard consumption of high-speed growth, the annual compound growth rate of 12.65%. However, China's current per capita consumption is only 42 kg, much lower than developed countries in per capita consumption of 300 kg, also below the world average consumption of 52 kg. Based on China's sustained rapid economic growth expectations, we expect the next few years China's consumption of paper and cardboard will continue to maintain a high growth rate. As China's third Dayong Meeting paper industry, with the yuan appreciation, the industry's enterprises will have the obvious benefit in two respects: First, imports of paper helps reduce the cost of procurement of equipment, 2 can be greatly to reduce paper costs. As the paper industry, much of the equipment to be imported, but as the main raw materials for pulp and waste paper are nearly 80% of the need to rely on imports. Rough estimates, the yuan for every 1% appreciation of the whole industry can reduce the cost of 2-3 billion, showing that the industry benefited from the appreciation of the renminbi. Suggested attention to Fujian Nanping Paper (600,163) benefit from the variety of renminbi appreciation, holding 3.01 million stake in Industrial Bank, who is also the market's two most fiery subject matter, company's share price is expected to set off Zhang Sheng climax.
Fujian Nanping Paper Co. as a leading enterprise in China's newsprint and become the "People's Daily", "Beijing Daily", "Liberation Daily", "Yangcheng Evening News" and other publishing units nationwide more than 200 suppliers. 1.8 tons the company introduced high-speed color offset newsprint paper machine speed up to 1600 m / min, ranking first in Asia, newsprint production capacity to reach 32 million tons, the market share of second place.
Investors should note that the company holds 3,013,333 shares of Industrial Bank, the original investment cost of 4.50582 million yuan a share subscription costs only 1.50 yuan, the Industrial Bank Monday set price of 25 yuan from the short term, more than ten times the profits gained. In addition, the company also holds shares Qingshan Paper 7000, the original cost of 155.7 million yuan, the current price of Qingshan Paper 3. 61 yuan, float market capitalization amounted to 252.7 million yuan. Under the new accounting standards, the company's annual earnings per share will be substantial growth is a foregone conclusion that the good will stimulate company's share price off Zhangsheng climax.
The secondary market, the unit relies on a steady 20 day MA upside, increased channel is very clear. Monday, the stock finishing a strong platform to break a record over the past year a new high, the strong feature is very obvious. And then the amount can be from the recent analysis, the unit can significantly shrink the amount of callback order to illustrate the main reluctant sellers, to long term. The technical indicators MACD, and the formation of Jin Cha Guaitou upwards, indicating the arrival of a new round of Zhang Sheng Quotes, focusing on.
