Category: Money tips Release Date: 2007-04-12
Source: Hantang Securities Author: Chan Chi-kwong
Non-ferrous metals, steel, auto plates, etc. strong eruption, the most substantial reason for the performance in these sectors continued to promote the growth or the performance out of the trough. In particular, non-ferrous metal plate, performance continued to soar since 2005, this explosive market for many years a strong rare. The reason is that commodities in international markets into a huge bull market cycle, if you do not attach importance to this point, no doubt will miss a significant investment opportunities.
Quotes round development to the present, although the index of the performance of more and more well Monday market in nonferrous metals, iron and steel, auto plates, driven by a strong upward another record high, but the Stock division is increasingly evident. The index soared, stocks outnumbered declining ones by a few companies are much larger than the rise, investors if it did not target the non-ferrous metals, iron and steel, automobile and other industries varieties, the majority of the index is still difficult to make money. Therefore, the current situation, you first need to change their mindset, appropriate to adjust their positions structure.
Recently more than a year to promising world-famous international investment in commodity futures, said Jim Rogers, commodities bull cycle is far from over, the entire bull market cycle will be over 18 years, throughout the present large-scale commodity futures market is still in the initial stage of the bull market cycle! In May violent commodities bull market after a period of adjustment, in October began to zinc, nickel, lead, represented by non-ferrous metals blow up again, refresh multi-year high, has also proven master point of view. Non-ferrous metal plates can be seen the outbreak of the bull market is still a strong driving force. Iron and steel, automobile and other industries because of its growth is higher than market expectations blowout broke up, while the non-ferrous metal plates once again become the greatest potential market, its growth, dynamic valuation of the lowest one section, has become the largest market valuation of a "depression" , for the formation of extremely attractive OTC fund.
Relaxation macro zinc germanium, in the gold Lingnan Nonferrous resource stocks again hit limit-up broke out blowout. Clearly, the current operation strategy should be adjusted in the hands of the first position on the structure of non-ferrous metals industry is a high growth performance index may be at risk against an ideal haven. According to media reports, international investment a recent interview with Jim Rogers, media interviews, said that international commodity bull market has just started, its high point may occur in 2019, so investors may wish to focus on the bottom of the current price is still in the concept of non-ferrous metal resources, stocks, investors concerned about the outbreak may have multiple low-cost non-ferrous metals subject shares the theme of Bailey Electric (600,468).
Bailey Electric (600,468): The Unit is the most scarce resources moving the concept of non-ferrous metals non-ferrous metal resources, the concept of low-priced stocks. Bailey Electric Co's special essence of Ganzhou Tungsten Molybdenum Industry Co., Ltd. is located in the "world's tungsten are" laudatory of Jiangxi Province. Ganzhou to maintain reserves of tungsten ore accounts for about 39% of the country, the world's 26%; tungsten mine production accounts for about 45% of the country. Bailey Electric now has a special essence of Ganzhou Tungsten Molybdenum Industry Co., Ltd. 51.676% stake in tungsten and molybdenum company's main revenue has accounted for more than 50%, resource advantages are clear.
We know that W belongs to the strategy of non-renewable resources, China's tungsten reserves of the world's total reserves of tungsten ore 61.5%, but account for nearly a decade output 80-90%. Tungsten and molybdenum processing business has outstanding resources. Thus, our more stringent measures have been taken on limiting the production of tungsten and mineral resources to ensure sustainable development. In February of this year, Nanchang in Jiangxi Province Land and Natural Resources held a national forum on tungsten total control, the central theme of this meeting is to control the total amount of tungsten mining, mining quotas. This triggered a worldwide shortage of supply of tungsten ore, tungsten ore prices in the violent context of soaring industry, with tungsten mineral resources of the company as good as on having a real treasure.
In addition, the Unit is also a major shareholder of quality assets into the strong expectations. As of the end of 2004, the Group's total assets of 19.56 billion yuan, of which 9.83 billion yuan current assets. Among the top 500 Chinese enterprises No. 133. Solely from the current view of the company's business, G Bailey income accounted for only 5% of the group, on the situation in science, the conduct of major shareholders have a strong motivation for high-quality asset injection. This year, rose from the black horse with continuous quality point of view, with continuous acquisition and high-quality assets into the theme of this year has been one of the most important investment themes, which also changed in the past to rely solely on the traditional performance of listed companies, their growth pattern. So look to the future with the bull market to continue to take the cattle out of the local varieties. For example, large-scale Niugu G Po titanium, Hongdu aviation because of ongoing acquisitions and high-quality asset injection and allowed to become the eye-catching large black horse.
On the other hand, it possesses the concept of Tianjin Binhai development worthy of attention. Monday disk Tianjin FAW Xiali plate so they began to hit limit-trip, and this has driven up the outbreak of the entire vehicle plates. The company is located in the heart of the development of Jinbin Tianjin, sharing of national resources policy support, machinery and equipment that no one can compare the leading position. The real controller of the company in Tianjin, Tianjin Electrical Holding Group is the overlord of machinery and equipment manufacturing industry is the economic development of Tianjin, one of the pillar industries and the national machinery and equipment manufacturing industry, one of the important bases.
The Unit also has the same time, the concept of aerospace defense. In the global attention to the god of a flight, Shenzhou VI, have Bailey electrical calmly figure, the Jiuquan Satellite Launch Center in the main launch sites equipped with power transmission equipment used by the companies owned subsidiary of Tianjin Baili Electric Co., to open days companies. As China's aerospace industry within the next few years, the rapid development of the company's visibility and technology will also be substantially improved.
