Category: Money tips Release Date: 2006-07-27
Source: Kim Tong Securities Author: Chen Yong Chao
Today, the two oscillating finishing tape showing the overall trend, as of closing index closed at 1679 points, down 5.50 points, turnover of 330 million, compared to a slight contraction.
Handicap observation, the overall listing of plates have sprung up everywhere, G, on Hong Kong, G on the car tightly sealed in the limit-board, investors need to focus on this new hot spot for tracking. In addition to the species of stock reform is not shine, the Red River bright, Liuyang Fireworks, national tour association, Shantou Electric Power, etc. A continuous daily limit, indicating no stock reform section is the largest profit source of the recent. Of course, the subsequent rise of the Fund plate also merits attention.
For the afternoon operation, we believe that growth in the value of the main theme of this year's Quotes of funds will continue to be the focus of attention, especially some diluted paste of the right to face a serious growth stocks a good buying point. 600309G Wanhua, unique fundamentals, high growth has been separate ways long-term financial position Niugu, short-term ex post, and pasted right serious enough to constitute selling points. MDI manufacturing company is the only company products, MDI optical gasification technology is the company's proprietary technologies. MDI product sales accounted for more than 90% of revenues, product margins at 30%. In 2005 the company has formed annual production capacity of 100,000 tons, the domestic market share reached 23.3%, ranking the first one to become Asia's most competitive one of the production of MDI, and successfully enter the United States, Russia, Brazil, Europe and other countries and regions. It is estimated that in 2011 the domestic demand for MDI will reach 100 million tons. Over the next 10 years, 70% of incremental demand for MDI concentrated in the Asia-Pacific region, while the Asia-Pacific region 70% of incremental demand concentrated in the Chinese market. MDI is the most important raw material for producing polyurethane, the company as the only domestic manufacturer of MDI, Daxie Development Zone in Ningbo, a total investment of about 2.58 billion yuan annual output of 160,000 tons a new MDI project, currently operates from a stable, production capacity, product quality has reached the design requirements, including the world's first three production processes. After the completion of the project, marking the Yantai Wanhua has become the Asia-Pacific's largest MDI production capacity supplier, in 2006, Ningbo, the company will present 160 thousand tons devices technological innovation, increase capacity to 24 million tons, the company's goal is to Asia-Pacific region within three years to become the largest MDI production capacity, industrial chain, the most reasonable, the lowest cost, market share, the highest MDI suppliers.
The broader the message surface: 1. CICC recently announced investment strategy report in June, claiming that the broader market gained momentum from the fundamentals to support to promote the capital side, the stock market as a whole will appear two divided asset allocation shift from non-ferrous metals steel and other fundamentals supporting strong, and there is M & A theme shares. 2. Sinopec issued to clarify the announcement saying No Shanghai Petrochemical A shares buyback plan. Recent market oscillation amplitude significantly increased, partly because the development of the current round of Quotes has, or has a relatively large, 1,700-point mark set a profit at any time about the possibility of a profit, on the other hand is the IPO process from the present situation, are continually accelerated, especially in today's market reports: Bank of China issued A shares, up to 100 million shares. In response to rumors in the Bank of China IPO has confirmed that the Bank of China approved to issue, it's IPO shares, total assets and net assets of A shares will be refreshed the record, we believe that high-quality tape of blue-chip companies to return the domestic A-share market, while for A-share market to provide investors with stable, a handsome sum in return on investment will help reshape the value of A-share market investment philosophy, but the two sides of the issue see, capital point of view, the secondary market on the Shanghai and Shenzhen stock markets would constitute a greater pressure, super-large-cap stocks early in the Quotes for the continuation of listing is a disadvantage. The pressure on the IPO, in fact, work from international data then we can get 12, according to the relevant parties with a total of about 250 billion or so the size of the funds involved in the purchase, for a plate of the 60 million small-cap stocks, has spent so much money enthusiasm to participate, then the plate is more significant result in the Bank of China would have been a secondary market for more blood. Technical point of view, the current broad market has not changed the pattern of triangular shape, average system is also good, but because the secondary market for IPO blood more obvious, so the strategy for short middle remains rallies lighten up strategy.
Stock Recommendation - 600309G 10000 China: The company is the only important raw material for production of polyurethane MDI enterprises. MDI due to high barriers to entry, present only in the United States, Germany, Japan and the four countries have a MDI production of independent intellectual property rights. MDI optical gasification technology is the company's proprietary technology, has formed annual production capacity of 120,000 tons, the domestic market share reached 23.3%, ranking the country first, is Asia's most competitive one of the production of MDI, and successfully into the United States, Russia, Brazil, Europe and other countries and regions. Because of its unique fundamentals and high growth, the Unit has been set at the major authority on the potential of Niugu one of the top ten in 2006, optimistic about its growth is self-evident. Worth noting is that the current short-term stock movements out of the right paste, short-medium-term investment opportunities for speculation obviously, we recommend investors to pay close attention to only the growth of both offensive and defensive nature of the leading varieties.
