Mount Emei A (000888): Ropeway price icing on the cake

Sina tip: This article belongs to a stock comment column, only for securities consultants on the relevant stocks or plates of personal views and analysis, and informal news reports, Sina does not guarantee its authenticity and objectivity, investors operate on the basis of risk.　　For accurate information about the unit, please refer to the Bulletin of the Shanghai and Shenzhen Stock Exchange. Joint Securities Shan Company scenic tourist recovery rebound, we expect 09 visitors to the scenic area is expected to return to the 07 level to 1.92 million passengers.　　If you do not consider the price increase and other factors, the company is expected to 09-11 years EPS for the 0.25/0.34/0.42 yuan. At present, Emei jinding Ropeway and years Ropeway according to the last price increase has been 10 years and 5 year time, Ropeway demand is strong.　　According to the current other types of scenic spot ticket prices, the expected price increase of about 50%-70%. Jinding Ropeway is leading to the Golden Summit of Emei Buddhist Holy Land of the traffic arteries, and the company in 2007 to the old Ropeway has been transformed, its comfort and capacity than before there is a larger increase, the current Ropeway ride rate of 80%, the demand for a strong rigidity. Therefore, we anticipate the jinding ropeway price increase is slightly higher than the annual ropeway, assuming the price of return ticket prices of about 71% to 120 yuan, will be thickened 09-10 years of EPS is 0.05 yuan and 0.12 yuan respectively.