Category: Money Tips Date: 2006-01-24
Source: and News
Morning heavy volume limit -
Transaction reasons: the steel manufacturing company in the field of enterprise information system planning has a strong consulting and design capabilities, application software development capabilities, the total package of hardware and software systems integration capabilities and service outsourcing capabilities, as Baoshan Iron and Steel Group Company No. 1 major shareholder, as compared with other domestic IT companies, the company has a greater competitive advantage, laying its position as a domestic steel industry, a comprehensive automation and information solutions to the market position of the first providers; with information technology to stimulate industrialization process accelerated, companies enjoy broad prospects.
Investment Highlights:
1, with the advancement of all walks of life the process of informatization, information technology penetration, catalytic and multiplier effect will become increasingly apparent; and the domestic information industry, a huge market demand provides an opportunity for the company.
2, the company is Shanghai Baosteel Group Holdings listed software enterprises have more than one business unit, performance throughout the metallurgy, electric power, transportation, finance, trade, medical and many other industries in the enterprise information technology, process automation and information technology cities has a leading position in three areas.
3, the main business strengths and Industry Qualification: Company is "high-tech enterprises in Shanghai", has passed the "ISO9001" quality system 2000 version certification obtained in 2002 "Computer Information System Integration Qualification," a certificate, becoming the first in Shanghai is also the only one to pass the certification business. In the 05 annual "China's service industry 500," ranking, the company software and computer application services ranked fifth. Companies have entered China's largest independent software development company ranks, and the first-class software through the United States CMM5 maturity at the highest level of authentication.
4, with the company formed a partnership to reach Sichuan UNITA is a new type of high-tech information security and enterprise authentication technology, ranks in the leading position, is the world's leading security company RSA in the world, one of three manufacturing companies.
5, the revitalization of the software industry, the Platform for Action "and a series of national and local policy, the introduction of related industries for the development of China's software industry has provided favorable conditions; the basis of these policies, the company is expected to be tax incentives and special financing scientific research and development, etc. received considerable support.
Risk Tip:
1, foreign firms squeezing the market to domestic enterprises; homogenization of domestic manufacturers to compete, for-profit model of deterioration; allows the company a huge pressure.
2, with the company have been expanding, ever-increasing scale of assets, accounts receivable and inventory balances increased annually in recent years, asset-liability ratio has been increasing constantly, if there is reimbursement, or bad debt problems may be reduced company's profit.
Investment advice: in the secondary market, the stock stabilized after the recent turmoil, today's heavy volume limit-breaking pre-order platform, is expected to short-term there is still some upside room for the proposed bargain-hunting participation, the regional reference price 10.28 - 11.21, the first goal located at 12.52 yuan.
