December IPO price/earnings ratio hits new highs this year

Morning newspaper reporter Xin Sunland near the end of the collection of various institutions, the pace of issuance of new shares has not slowed the meaning of the slightest. This week, a total of 1 large 6 small total of 7 new shares on the network under the distribution, covering the motherboard, Gem and SME board. The scale of financing is expected to reach 7 billion yuan.　　Wind statistics show that the average P/E of new shares issued in December reached the highest monthly rate of 74.3 times times. Fund hot hold Tomson Times Health today is 3 gem online purchase day, respectively, is Tomson Times Jian (300146), fragrant Snow Pharmaceutical (300147) and the days of the boat culture (300148).　　Looking at 3 gem new shares first feeling is "expensive"-3 new shares of the issuance of multiples of more than 80 times times; among them, the production of egg white and other nutritional supplements of the Tomson Times health, the issue price as high as 110 yuan/share, refreshing the gem issue price record; Thus, the super raise funds reached the proposed amount of 4.36 times times. From Tomson Times Jian's inquiry, the Fund reported that the habit of high prices has not changed.　　In several categories of inquiry objects, the fund reported the highest average price, reached 111.98 yuan/share, the lowest is the QFII and the main underwriters recommended agencies (commonly known as the seventh type of agency), the average price of 81 yuan/unit and 85.48 yuan/share. Although from the financial results, Tomson and fragrant snow pharmaceutical growth is quite prominent, the 2010-2012 net profit average annual composite growth rate reached 57% and 65%, but analysts still do not recommend too much chasing Gothonson times.　　Wanguo analyst Lin Jin said, comprehensive consideration of relative probability, fundamentals and yield, the proposal emphasizes fragrant snow pharmacy, followed by Tomson Times health. Motherboard, SME growth in addition to today's 3 gem Board of Purchase, in Tuesday, there is a motherboard company Yong-Hui Supermarket (601933), Wednesday has 3 medium-sized plate light steel structure (002524), scenic mountains and rivers (002525) and Shandong Mining Machine (002526) online purchase.　　This 3rd online new money can not be reused. Guangzhou Securities analyst Chao Tianmin predicted that the chances from high to low for: Yong-hui supermarket, light steel structure, tomson times health, fragrant Snow pharmaceutical, Shandong Mining machine, the rest of the new shares are expected to be a small difference.　　The 3 companies that have been released today are expected to use about 2.244 million yuan and expect an average annual yield of about 14.9% per cent. It is noteworthy that this week issued the motherboard companies and SME board companies, growth of the gem. The annual compound growth rate for the 2010-2012 average forecast was 47%. Among them, Shandong mine machine expected growth rate of 58%, light is steel structure and the main board of the Yong-Hui supermarket also up to 48%. Recommended to play a new preferred Yong-Hui supermarket, followed by the choice of Shandong mining machine or scenic mountains and rivers.