Category: Money tips Release Date: 2007-02-14
Shanghai Securities Industry configure a policy analysis
Background valuation of listed companies
Investment growth in the value investment ���subject investment assets, the appreciation of investments, market investment ideas more and more market-oriented changes in the environment for listed companies, the profit opportunities and appreciation of the opportunities, whether the listed company itself, matching the profitability of relegated to such factors as a secondary factor. However, we believe that the valuation of listed companies in April to change the environment:
April reports first-quarter results of listed companies will be an important basis for the valuation, in the background of sharply rising prices for basic raw materials, the performance of listed companies will be used as full-year 2006 results to determine the signal. Namely, a listed company in the new economic environment to determine the profitability of investment in 2006 will be the new starting point.
In addition, in April 1st formal implementation of the new consumption tax policy as well as the 2007 implementation of new accounting standards will further be reflected in the valuation system, small displacement cars, real estate, commercial retail and other industries still has a valuation increase power.
April will mark the peak of underperformance Unit Annual Report, in March following the broader market pulled the underperformance of the stock will face doom bubble burst, stock prices of structural adjustment is inevitable, naturally, giving the market a greater adjustment pressures.
Industry rating and configuration
According to Shanghai Securities Industry R & D Center researchers conducted a comprehensive rating on the industry, we are right in April to determine degree of industry, was generally rated the economy as schedule.
April Industry allocation strategy: We have to maintain oil and gas, cement, and installed equipment industry, the proportion of high-profile; increase in non-ferrous metals industry and the tourism industry catering asset allocation ratio; short-term to reduce the financial, real estate industry, the proportion of asset allocation.
Individual stocks, we suggest attention: G Nanshan, G in the storage, G Urban, G Jin Jiang, G HTC, G iron, G Vanke A, Tibet, mining, Qinghai Salt Lake Potash, Eastern Group, Xinan shares, Gehua, Ma Ying-long, Sinopharm stake in Fujian Cement and investment in variety development, the South China Sea. (R & D Center Shanghai Securities Guo Yanling)
Bohai Securities Equity Pool New Stock Analysis
â–?G OCT (000,069 market, information, advice, more): Tourism and real estate development model of interaction to obtain the excess proceeds of the company's core competencies, while the Shenzhen Overseas Chinese Town Group and the Land Board in 2003 on the Shenzhen Overseas Chinese Town area 2.5 million square meters Building signed a contract to sell an area of land, agreed to be paid in installments over five years to sell 1.77 billion in gold, thus locking the land cost and the remaining 1.95 million square meters in the area building area of land to meet the company's future development needs 5-10 years.
â–?G Sea workers (600,583 market, information, advice, and more): benefit from CNOOC offshore oil and gas development, business full. By the end of June this year, Qingdao will be part of the construction site went into operation, the company's total processing capacity of the land will increase by 60 - 80%. Earnings growth for the company, growth is guaranteed. The company also introduced 10 to send 7 Zhuanzeng three distribution plans to send 2 yuan.
â–?G Red Star (600,367 market, information, advice, and more): the nation's largest barium carbonate, strontium carbonate production enterprises, with strontium, barium mineral resources. Company manganese salts sales price stability, and capacity expansion of manganese salts to ensure effective growth and performance of the company's steady growth in the next two years, one of the main guarantee. In addition, the company's future expansion in coal and coal as raw materials and coal chemical projects.
â–?G Yingkou Port (600,317 market, information, advice, and more): the parent company of berths rich resources to ensure the company's steady growth. Last year, six months late, convertible bonds to raise funds to purchase the finished oil and liquid chemicals terminal production, adding new kinds of goods, and help to improve corporate profitability; last year's third quarter, the Company acquired the group held in Yingkou Grain Logistics Co Ltd, 48.3% of the equity and the Group of new 107,000 tons bulk grain silo project will help the company improve food handling operations.
â–?G Shen Machine (000.41 thousand quotes, information, advice, more): equipped with the revitalization of the machine first. "Eleventh Five-Year" period of China's CNC machine tool industry is facing great opportunities for development. Shenyang Machine Tool is the largest CNC machine tools leading market share in the 1 / 6 above; have a state-level research centers, independent innovation ability. In 2006 the company's key turning point, with the related parties and other historical accounts shall solve the problem, company performance will appear by leaps and bounds-type growth.
