Guoyang Xinneng: continuous acquisition to solve related party transactions
http://www.sina.com.cn 15:59, February 1, 2007 kgi securities
kgi securities
The main factor restricting profitability is related party transactions with the group. In 2007, the company is expected to gradually solve related party transactions through acquisition, increase production capacity and improve profitability
The group has many coal mine projects under construction, which reserves resources for the company's continuous acquisition
As the largest anthracite group in China, the future integration of anthracite resources in Yangquan City and its surrounding areas will be led by it, providing rich resources for the acquisition of the company
It is estimated that the company's earnings per share from 2006 to 2008 will be 1.25 yuan, 1.35 yuan and 1.44 yuan respectively, and the current share price is equivalent to 13.5x of 2007 earnings per share
The 12-month target price is 21.6 yuan, 18.6% higher than the current share price
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.
