Five new shares were doubled this week

At the dawn of the spring Festival, domestic market distribution is still tepid. Million and electric and Broadway alloy check rate higher Morning Post reporter Ga Jia in the Spring Festival is coming, the domestic level market distribution is still tepid.　　Only 5 new shares were released online this week, the same amount as last week, although the scale of the proposed fundraising was 140.51% per cent higher than last week.　　Break the enthusiasm of the purchase from the timetable, the 5 shares released online this week in Wednesday (19th), Thursday (20th) online purchase, covering the motherboard and the board, the new funds to hit the "Crash" situation.　　Among them, Wednesday participated in 3 of the SME board companies-Jie technology, million and electric, medium-rock, as well as the main board company in Shanghai-Broadway alloy issued by the purchase of funds, will not be able to participate in the Thursday, another Shanghai motherboard company-Great wisdom of the purchase.　　Although the number of shares issued this week is the same as last week, but this week involving the issuance of two Shanghai board companies, the increase in the size of the issue, directly led to this week's IPO to raise the size of the expansion.　　Wind statistics show that 5 companies this week to raise the size of 3.016 billion yuan, compared with last week's 1.254 billion yuan, an increase of 140.51%. At the same time, according to Wanguo analyst Lin Jin estimates, 5 companies this week on the size of the market capital will also rise.　　Lin Jin estimates that the aggregate financing of 5 new shares this week will be around 6.5 billion yuan, which is 2.4 billion yuan higher than Lin Jin's estimate last week.　　But Lin Jin worry, the recent IPO after the frequent break of the situation, will be a greater degree of contusion "new" funds enthusiasm.　　Emphasis on the purchase of great wisdom from the company's fundamental view, 5 new shares this week----great wisdom, middle-earth, million and electric, Jie-tech, Broadway alloy main for the Internet financial Information Services, dynamic Compaction foundation treatment services, kitchen appliances, information network construction technology services and products, alloy materials manufacturing.　　It is noteworthy that the board of two new shares 2010-2012 net profit of the expected composite growth rate is very prominent, Lin Jin predicted that the great wisdom and Broadway alloy 2010-2012 years of net profit of 81% and 50% respectively, higher than 3 of the average 42% of new stock.　　But on the level of gross margin, Lin Jin that the Broadway alloy is relatively inferior (but it is still higher than the industry average), in 2009 about 12%, while the average level of three new board shares of about 30%, compared to the big wisdom gross profit margin, its 2009-year gross margin reached 83%. Based on the profitability of the new stock in Shenzhen, performance growth, themes, highlights, circulating capital and other comprehensive judgments, appropriate adjustment of the new shares online subscription funds, in the online purchase there is a certain preference, and the deviation of the purchase preference is not particularly large premise, Lin Jin estimated that this time 5 new shares of the average online success rate of about 0.98%,　　Among them, the large and medium-sized board of new shares in the electricity and the motherboard IPO Broadway alloy on the internet will likely be relatively high. Considering the fundamentals and probability,Lin Jin recommended that the purchase of great wisdom, the second may consider the partial participation in the geotechnical and Broadway alloy of the purchase, but need to pay special attention to the final pricing relative to the price report "reasonable value range" deviation.