Baotou Steel shares 600 01 thousand the market outlook is expected to start accelerating surge s Mo

Category: Money tips Release Date: 2007-03-17

Source: Securities Times Author: Zhou Jie

In the full circulation of the context of the group listed as a whole has become increasingly popular, especially for iron and steel enterprises in terms of the integration of iron and steel production as a whole will have more opportunities to become stronger and bigger, Angang shares mid-year report substantial growth with the overall performance of listed Clearly there is a direct relationship.

Baotou Steel shares (600.01 thousand) through targeted acquisition of additional shares of 3.032 billion group 6.975 billion yuan of assets, making it the sixth overall listing of large-scale iron and steel group, the overall market after the completion of the first major attraction is the profits of all aspects of iron and steel production in the new companies, all of a concentrated expression, production surged from 8.5 million tons to 15 million tons; The second improvement is owned by Bayan Obo, Baotou Steel Group and the rare-earth iron ore will be incorporated into the symbiotic listed company, Baotou Steel shares will Bianshen a world-class mineral resources, predators, not only in the steel industry, will establish the absolute advantages in resources, its rich mineral deposits even for a big moneymaker. Therefore, the current share of only 2 yuan Baotou Steel shares, the current daily limit is only the first start of Quotes, afternoon consecutive Zhang Sheng worth the wait.

From a technical trend terms, the unit has been out of the clear pre-Manniu up form, the recent run to the finishing end of the form after the subjects through a comprehensive listing of gapped limit-up of space suddenly see the light at the same time also shows a strong main funds to do more desire to speed up the market outlook is expected to start rising Quotes.

Historical Information: G-clad steel (600.01 thousand): iron and steel giant to accelerate M & A target blowout August 5, 2006

Source: Kim Merrill Lynch Investment Authors: Huang Min Hong

G Baotou Steel (600.01 thousand): Not long ago, Baosteel raised placards in the secondary market, Handan Iron and Steel in the market, caused a sensation, and M & A launched a strong storm. China's industrialization and urbanization process will drive steel consumption growth in steel consumption in China's future long-term growth trend is an indisputable fact that the recent Chinese steel overcapacity is a relative excess production capacity and demand, but also a structural surplus, Because the steel giant through strategic mergers and acquisitions, through our combined strengths to further enhance the growth, an effective way to increase market share.
Baotou-owned Bayan Obo iron ore is the world's attention, and many other rare earth elements of the symbiotic mine, due to rich mineral deposits, compared to most domestic steel companies need high-priced imported iron ore from abroad, the company has a unique advantage. The company is located in Inner Mongolia is a coal-rich province at the same time close to Russia, Mongolia and other resource-rich countries, these unique resources will not only help companies to significantly reduce production costs, but can easily become a steel predators acquisition targets. In fact, the Baotou in large shareholding ratio, and have issued warrants respect, and Handan Iron and Steel are very similar, and thus is likely to be Handan Iron and Steel Second, a potential acquisition targets, steel giant.

The recent recovery of steel prices are sustained, the industry inflection point is coming, and the investment value of the steel plates are re-reflected. 2005 earnings per share reached 0.35 yuan, current price-earnings ratio is only about 7 times, the value can be described as grossly underestimated. First quarter of 2006 showed that includes a steady growth in the South, Kaiyuan, social security funds and other significant portfolio of 101 stores. Steady growth in the South which reached 6439 million shares of the fund's holdings, shareholding ratio to 3.49%, Kaiyuan Fund holdings to 3999 shares, shareholding ratio to 2.17%, clearly showing that institutional investors in the intrinsic value of the company a strong identity.

Secondary market, the stock in the diluted form of a short trap had launched a wave of rapidly pulled up after the market, the main funding Lagaojiancang, followed by a rapid drop in volume contraction, Xi Pan is very obvious signs of the recent re-formation of small round arc at the end of patterns, moving averages send gold cross signal that Xipan the end of its aggressive market outlook is expected to accelerate the upside market, may be attention.