Don't look at Fundamentals Wang Yawei rate Huaxia Shang ambush Sanjiang Shopping

Reporter Gao Lixia yesterday collective listed five new shares, Three Rivers shopping (601116) is undoubtedly "lead eldest brother", up to 84.58%, far ahead of the other four stocks.　　However, because the basic of the Sanjiang shopping, and no competition, many analysts are not optimistic about this, short-term stock prices will face adjustment pressure. Star fund manager Wang Yawei seems to be the reverse, a few days before its leader in charge of the two brothers fund Huaxia Market and Huaxia strategy select out, in addition to lead the Chinese department of the other two funds, the collective participation in new. The first day of the Sanjiang shopping increase also let Wang Yawei float nearly 4.2 million, Huaxia department net earn 7.68 million. "The stock is too many, the current break is also a lot of Wang Yawei turn to hit ' 601 ' instead is follow the situation."　　One analyst said.　　The first on the first day of the San Jiang shopping yesterday there are five collective listing, San Jiang shopping for the SSE board listed shares, while the other four stocks are Shenzhen SME, namely Shun Yung shares (002555), Fai Long Shares (002556), contact food (002557) and Century Cruise (002558). Early, four new shares higher, only the contact food flat open, after the opening, the stock trend of differentiation, the San-san shopping shocks rise, become new shares star.　　As of yesterday's close, Three Rivers shopping rose 84.58%, the other four new shares, the century cruise performance is fair, the increase of 27.1%, Shun Rong shares, Fai Long shares of the increase in 6% below, the negotiation of food is down 4.45%. Wang Yawei out Although Wang Yawei also love to "play new", but its participation in the new stock is not many. In yesterday's collective listed five stocks, Wang Yawei only participated in the three-party shopping network under the inquiry.　　Because of the Three Rivers shopping "love has a single clock", its control of the Chinese market and Huaxia strategy out, and led the Chinese department of the other two funds to participate in the inquiry purchase. Data show that the Chinese market and the Chinese strategy select all put forward 12 million shares of the purchase, but eventually two of the funds have only been allocated 210,000 shares.　　Huaxia Department of the other two only to be matched with the Fund China Hope also proposed 12 million shares of the purchase, and finally only 210,000 shares, the purchase of Chinese bonds for 8 million shares, and finally received 140,000 shares. And the other four new offerings are more than 30 yuan/share, the Three Rivers shopping 11.80 yuan/share of the network under the IPO price has been a lot of institutions of all ages.　　However, the stock price-earnings ratio is not low, on the basis of earnings per share by 2009 divided by the total equity, the three-day price of the San-san price of the corresponding price-earnings ratio of 56.19 times times, and the contact, Shun Rong and other companies are 54.14 times times and 49.95 times times respectively. Data show that the San Jiang shopping under the network placement has been a number of institutions, especially insurance funds to participate. Data show that the preliminary inquiry, the effective quotation for the inquiry object has 47, a total of 94 placing objects, the final access to the placement of only 79. Among the 79 allocated objects, there are 19 insurance funds, enterprise yearsGold and Social Security Fund first the backbone of the account is allocated. San Jiang Shopping has no extraordinary place the prospectus shows that the San San shopping mainly engaged in community parity supermarkets, operating areas mainly for Ningbo, in addition to Wenzhou and Quzhou Zhejiang and Shanghai Pudong.　　As of the 3 quarter of 2010, the company's direct stores for 142 (of which 93 in Ningbo), operating area of 430,000 square meters. 2010 in the first 3 quarters, the company realized operating income of 3.615 billion yuan and net profit of 85.74 million Yuan respectively. 2008, 2009, the Three rivers to achieve business income of 4.008 billion yuan and 4.455 billion yuan (main business income accounted for the proportion of total revenue stability in more than 95%, Ningbo region revenue accounted for more than 70%), the growth rate of 25.11% and 11.15%; Net profit is 9, respectively.　　1.45 million yuan and 121 million yuan, the growth rate is 13.66% and 32.84%. The company's characteristic is that since its inception always adhere to the low-cost strategy. The report from many brokerages, the bright spot of the Sanjiang shopping is not many. In addition, along with domestic supermarket enterprises all over the country to speed up the pace of opening the shop, while the foreign supermarket giants in the two or three-line city layout is also accelerating, the company will face is foreign capital, domestic capital, the existing, new enterprises fierce competition in the market environment. To this end, Jianghai securities that the reasonable value of the unit should be 7.8-9.75 yuan.　　Western Securities advise investors to consider profits at more than 14.5 yuan. For yesterday's rally, some analysts said, the stock price is lower absolute value, and the circulation of small, easy to hype; The company has a certain position in the area of chain supermarkets in Zhejiang province, especially in Ningbo, but because of its adherence to low-cost strategy, resulting in the level of gross margin pressure, the fundamental is not particularly　　Expected earnings per share of 0.35-0.38 yuan this year, a reasonable price of around 11 yuan, short-term adjustment needs. For such a no bright spot and characteristics of the company, Wang Yawei out is a bit difficult to understand. But another analyst has praised the extraordinary. "The stock is too many, the current break is also a lot of Wang Yawei turn to hit ' 601 ' instead is follow the situation." Another market personage said to reporters yesterday, "This shows that he turned quickly, followed the market, and today's trend also proved that he did not choose the wrong." "Only three of the shares that have been allocated this year have been accompanied by a surge in IPOs and the frequency of stir-fry after the IPO, which has often made a huge profit," he said. And compared with the general buying stock, the new time is short, the risk is low, but the rate of return is often not low.　　This also attracts a lot of funds, no choice, every new must fight. However, since this year, Wang Yawei to participate in the new stock is not much, the allocation of shares is less than two. According to wind statistics, this year, a total of 65 new shares completed under the net distribution. From the point of view of the match, Wang Yawei to play a new share of the stock only central China CNC and Sanjiang shopping. In the Central China numerical control in the distribution, Huaxia market and Huaxia strategy proposed 4.5 million shares and 1.8 million shares of the purchase,But in the end only the Chinese market was allocated 900,000 shares.　　The first day of the Central China numerical control market rose less than 8%, as of yesterday, the shares rose less than 20%. This year has been Wang Yawei phase of the tin Sheng New Materials (300169), its purchase of the unit is unprecedented. Public data show that China's 11 funds to participate in the declaration, Wang Yawei in charge of the Chinese market, Huaxia Strategy Two fund is to give a 50 yuan of the highest declared price.　　Tin Sheng New material final issue price is determined to 32 yuan, only for Wang Yawei 64%. However, unfortunately, although the highest price, but the Chinese market and Huaxia strategy has not been allocated. January 25, Tin Sheng New materials listed in the same batch listed five only the only no break, the first day Rose 26.25%.