Category: Money tips Release Date: 2007-03-20
Source: Kim Braun Investment
Wednesday, stocks in Shanghai stock market to the upside resistance near their previous highs, Yao City rapid decline in large volumes of long-short differences appear in this location increased, while the observation of the stock's recent performance small plate active, day before yesterday, hit a small board index is Quotes of the new round of high, such as the Tian-Qi shares, shares wheel pulled a row, may be concerned about the present stock market outlook seriously underestimated the growth in consumption of small-cap stocks Bunny.
National Torch Program is a key high-tech enterprise, is the current domestic production of decorative plywood largest and widest range of businesses, the current annual production capacity of 13 million decorative plywood, plywood 17 million, SBC 40 million, of which environment-friendly decorative veneer plywood production and sales of home country first.
Company is a beneficiary of RMB appreciation: At present, the use of timber full of imported materials, including timber sales from foreign exchange effects, plywood, wood raw material costs account for about 70% of the total cost, even after the export volume in 2006 reached 30% of the total output, RMB appreciation positive and negative effects after the offset of the company's profit is more good than harm, studies show that in 2006 revaluation of 5% then the performance of the company will increase 8-10%! Company is currently the largest environment-friendly decorative plywood production enterprise, and is the industry standard revision of the drafting of the national unit, and its environmental and product quality advantages is obvious. In 2006 a quarterly disclosure, the company enhanced business management while continuing to increase product and market restructuring, and strengthening the marketing network-building and brand promotion, focus on improving the export market and building materials supermarkets marketing efforts and continue to explore the store network construction , results of operations continue to maintain steady growth.
Company is currently in transition from production-oriented enterprises for consumer brands-oriented enterprises, and this transformation of the current situation is very successful, because the transformation of the company's profit margins increased substantially during the period, plus 5% annual appreciation of the yuan forecast is expected within 3-5 During the year the successful transformation of the company's profits should be a great upgrade.
The secondary market, the stock gapped up Monday massive, one stroke more than a year breakthroughs 4.15-5.92 yuan large box run, Zhou K Line is a breakthrough gapped gap increased space is completely open, as the company As an industry segment leader in value has been the main constant depth of excavation, afternoon vast room for growth, it is recommended to intervene decisively to enjoy the extraordinary development of the company's future results.
