Category: Money tips Release Date: 2006-03-24
Source: Jiuding Allianz Authors: Xiao Yu Hang
Bonded Technology (600,794), 11923 total equity shares, currently circulating A shares 6515 shares, the first three quarters earnings per share were 0.079 yuan, the company expects 2006 annual results compared with last year there will be more substantial growth as the Chinese State Council approved the "only" river-type bonded area, with Jiangsu Province Zhangjiagang Free Trade Zone, 790,000 tons of multi-purpose terminal, the terminal has a state-level bonded and through international trade advantages in the bulk chemical storage and transportation fields unique advantages.
The company's warehouse district built a total reserve of 10.6 million cubic meters of 30 sets of tanks, the terminal an annual handling capacity has reached 1.29 million tons, a solid occupying the region of the domestic market, and has begun expansion into international markets is expected as the China's rapid development of port logistics industry, which ushered in a historic opportunities for development. Company owned subsidiary of Cheung Kong International Port Services also has extensive land bank, in the case of the RMB appreciation, the future may be a huge added value. From the secondary market at this moment to adjust more fully, which is still the main force, as a defensive variety, investors may pay more attention to their stage investment opportunities.
Historical Information: G bonded (600,794): short-term adjustments in place has been basically a rebound around the corner August 1, 2006
Source: and News
Morning rise in heavy volume transaction reason: With the completion of Zhangjiagang Free Trade Zone, bonded technology for absolute control, so that the company relies on its bonded warehousing, logistics, domestic and foreign trade, real estate development and other areas of regional dominance is more rapid development, with the holding child Changjiang International Port Company Limited warehousing, transportation operations into normal operations, the company's operating situation gradually improved, the prospects for a better future.
Investment Highlights:
1 and enter the port storage areas: the State Council approved China's only river port-based Free Trade Zone - Jiangsu Province Zhangjiagang Free Trade Zone, construction of 790 thousand tons multi-purpose terminals. The terminal has a state-level bonded and straight-through advantages of international trade is an international-type opening of the pier, is the Soviet Union, Wuxi and Changzhou, and the Yangtze River area bonded goods distribution base in transit.
2, with a regional monopoly advantages: Zhangjiagang Free Trade Zone as an international entrepot trade services mainly bonded with the present 372 foreign investment reached 1.555 billion U.S. dollars. A total of seven of the world top 500 have been settled in the bonded area, bonded area appeared three ultra-billion U.S. dollars, three super-large projects 50 million U.S. dollars, there are a number of ultra-million dollars project.
3, the real estate concept: the company invested 20 million to establish a long Zhangjiagang Free Trade Zone Xin Real Estate Development Co., Ltd..
4, logistics and transport concepts: foreign-owned subsidiary of Zhangjiagang Free Trade Zone, Zhangjiagang Free Trade Zone Investment Services Limited and Cheung Kong International Port Co., Ltd. jointly invested 15 million yuan to form the Yangtze River, Zhangjiagang Bonded Logistics Park Logistics Co., Ltd.; company also acquired the country's largest volume and most influential stainless steel wide network of trading platform for the company to build China's largest bonded logistics provides a strong support.
Risk Tip: With the rapid development of chemical markets, the Yangtze River downstream of the two sides have been established chemical terminals, in east China will be a large number of new tank farm, terminal put into use, will inevitably result in increased competition in the industry, company-related businesses operating pressure will increase.
Investment advice: in the secondary market, the stock has basically short-term adjustments in place, a rebound around the corner, we recommend investors to bargain-hunting suction Na, the regional reference price 3.92 - 4.28, the first target located in the 4.52 yuan, in this investment rating for "Recommended."
