This Week 7 shares: the Shrimp kingdom, the most eye-catching central and south heavy industry Tibetan murderous

Financial weekly IPO laboratory researcher Dingqingyun/Wen Ⅰ new electromechanical (June 28 net) Overview: Half-hearted's western pressure vessel manufacturer Branch new electromechanical for the western region pressure vessel manufacturer. 2008, the Department of New Mechanical and electrical pressure vessel equipment market share of 0.43%.　　2008 Branch new mechanical and electrical sales revenue in the western region of professional manufacturing enterprises ranked sixth. The largest imaginary space of the new Ke-electromechanical is in two concepts, one is the western development concept and the other is the nuclear power concept.　　In addition, it is noteworthy that the new branch of electrical and mechanical has been involved in many areas, including the main industry has no connection with plastic, agriculture, and the loss of rapid exit, strategic positioning is unclear. It is recommended that the reasonable purchase price be 12-14.4 Yuan Branch new electromechanical due to the Western development, enterprise technology reform and Wenchuan earthquake, such as enjoy a number of tax concessions, nearly three years of cumulative income tax relief 30.0106 million. In 2009, its income tax deduction amounted to 28.56% of the total profit.　　With the period of tax preferential policy approaching, the new mechanical and electrical performance pressure is gradually increasing.　　With reference to the 2010 0.48 yuan EPs expected by the securities, taking into account the current market conditions, give 25 times times-30 times times PE, recommended reasonable purchase price of 12-14.4 Yuan. Ⅱ Glass (June 28 Web) Overview: The Radical special glass faucet is the only supplier of special glass for construction of the Olympic bird's nest.　　Financial weekly reporter learned from the industry, its product reputation is good, in the field of special glass subdivision advantages. Diamond Glass is a typical radical enterprise, in the past three years, the combined growth rate of business income of 35.22%.　　Its rapid development brought about by the rate of collection of receivables is far lower than the industry average risk is noteworthy.　　suggested that the purchase price of 17.48-20.7 yuan the fourth largest shareholder CSG group is the largest supplier of diamond glass, but also the largest customer, its related transactions worthy of concern. In addition, since July this year, Diamond Glass Export tax rebate will be canceled, is expected to make its net profit fell about 9.73 million yuan, accounting for its net profit of 23%.　　The reference to Huatai jointly given 2010 0.46 EPS, combined with the current market performance of the gem, to give 38-45 times P/E, the proposed reasonable purchase price of 17.48 yuan-20.7 yuan. Ⅲ Aquatic Products (June 28 net) review: The United States "green card" shrimp leading National Union aquaculture main shrimp and other aquatic products processing and export. Among them, shrimp products are the main source of income, the proportion of income is 90.9%.　　In this round of gem purchase, Wanguo the National Union aquatic products. The 2007-2009 export sales revenue accounted for 87.29%, 91.48% and 81.9% of the main business income respectively.　　Its biggest aspect is "two unique": The only one in China (only two in the world) to the U.S. shrimp "zero tariff" enterprises, the mainland's only one approved "live shrimp" enterprises. Recommended purchase price of 16.10-18.40 yuan outMouth sales leading is a double-edged sword. As the appreciation of the renminbi is expected to become more and more strong, Sino-US trade frictions and anti-dumping incidents increased, the profitability of the National Union aquatic products will be significantly adversely affected.　　According to the Guotai to give 2010 0.46 EPs, 35-40 times P/E, recommended reasonable purchase price of 16.10-18.40 yuan.　　Financial weekly IPO laboratory researcher Wang Jiangtao/Wen Ⅳ one bridge seedling industry (June 30 net) Review: Product unit Price 3 years down 20% one bridge seedling industry is mainly engaged in shrimp, bay mussel and sea cucumber seedlings, such as the breeding business, the existing sea treasures Miao species breeding water 60,000 cubic meters.　　One bridge Miao 2009 shrimp production reached 16.3 billion, bay shellfish production reached 6.1 billion, sea cucumber seedling production of 62 million, the domestic market share of 18.11%, 8.71% and 0.78%, are ranked first in the country. The company is in the whole competitive industry, related marine treasures Miao Enterprises have nearly 5,000.　　Its main product prices in the past 3 years has shown a decline, such as the total income ratio of 40% of the shrimp Mussel Fry sales Unit price, the past 3 years fell by 20%.　　The proposed purchase price of 30.1 Yuan one bridge seedling gross profit margin is still high, last year, comprehensive gross profit margin of 44%, sub products cofferdam sea cucumber margin rate as high as 67%. The company has a low valuation of agriculture, forestry and animal husbandry, as well as the market's more bullish high-end consumption concept.　　Refer to the same industry Roe Island 35 times times the static price-earnings ratio valuation, to the company last year 0.86 yuan per share profit, proposed to purchase 30.1 yuan. Ⅴ Sheng Road Communications (June 30 net) Overview: Assets, sales of small scale Sheng Road Communication specializes in all kinds of communication antennas, microwave device equipment development and production.　　In the domestic market, the company's microwave communications antenna production and sales second only to Xian Putian. Compared with the listed companies in the existing electronic information industry, the asset scale (418 million yuan) and the operating income (368 million yuan) of Sheng Road communication are smaller now.　　Shenglu communication is highly dependent on operators, resulting in sales revenue recognition, inventory, assets and liabilities and other data "not very good-looking." Reasonable purchase price of about 22 countries are currently implementing the "Triple network integration" to the industry companies to bring greater imagination. The company's main business continues to the high-end field of communication antenna expansion, it is expected to 2012 sales revenue will exceed 800 million yuan.　　Consider industry policy opportunities, combined with the listed similar companies premium level, given 40 times times PE, corresponding to the reasonable purchase price of about 22 yuan.　　Ⅵ Heavy Industry (June 30) Overview: Hidden industry, raw material risk of South Heavy Industries main industrial metal pipe production and marketing, the main products for pipe fittings, flanges, piping and pressure vessels. The company's customers are mainly in the petrochemical, shipbuilding and power industries, last year, from the 3 major sectors of sales accounted for 80% of operating income.　　The fluctuations of the above 3 major industry fundamentals will directly affect the middle and South Heavy industries. In addition, the proportion of steel in the company's raw material cost is more than 70%. SteelThe large fluctuation of iron price is a direct test of the company's cost control ability.　　The proposed purchase price does not exceed 14.2 yuan to consider the industry as well as the business influence factor, gives 28 times times the issue PE, the proposal reasonable purchase price does not exceed 14.2 yuan. Ⅶ Superstar Technology (June 30 net) Summary: RMB appreciation affects the profit degree big superstar technology is our tool hardware industry in hand tool products leading enterprises, each year independent research and development of hundreds of new products.　　The company's total exports in the forefront of the industry, products are mainly exported to Europe and North America, the main customers include the United States "Home Depot", "Wal-Mart", Britain "hundred homes" and other well-known building materials, department stores supermarket chain. The company is affected by the revaluation of RMB and the adjustment of export drawback policy, its 2008-year exchange loss as high as 22.58 million yuan, accounting for the profit of 10%.　　And the latest 406 kinds of goods export tax rebate has been canceled, currently has not affected the company.　　Recommended purchase price of not more than 40.7 Yuan superstar technology margin is not high (last 26%), relying on product technology updates, upgrades, its net profit growth is temporary (170 million yuan, last year, 219 million yuan). Consider the company's production and marketing model, give 36 times times PE, recommended reasonable purchase price of not more than 40.7 yuan.