Gem "Four Bad star" comments: China green Bao line to Shuffle junction

This reporter Liang Shenzhen report star strength can not be ignored. Public offering "one elder brother" Wang Yawei to "Gem will face a bubble burst" speech, gem Haze. Shanghai Composite index attack on 3,000 points, and Gem index on the Wednesday fell below 1000 points, the contrast is obvious.　　The Open data show that in the past one months, the gem P/E ratio has been recalled from 80 times times to now 55 times times, but many insiders believe that the current figure is still high. In Thursday, Nachuan shares, such as 4 gem new shares landing Shenzhen, the same day that encounter 3 break dilemma. In fact, the gem listing is a break has become a normal. Statistics show that in the current 200 gem stocks, in the break state of more than 50, accounting for nearly 1/4 of the overall ratio.　　Since the beginning of this year, 47 listed new shares, 21 only encountered a break, break rate of 44.68%. -51.53% results in the election of the "Face King" March 30, Po Tak shares 2010 Annual report shows that its reporting period to achieve operating income of 65.8973 million yuan, down 43.63%, achieve net profit of 13.007 million yuan, down 51.53%,　　Continue to be the penultimate position in its performance.　　In fact, the success of the stake is still dependent on "non-recurrent returns", or the decline will reach 70.04%.　　According to statistics, the first half of last year, Po Tak shares a total of 2.2472 million yuan in the government subsidy, the second half received the government subsidy of 4.2032 million yuan, accounting for more than 85% of the annual profit, but although the subsidy doubled, but still can not make up the pace of slowing growth, Bao Tak shares can only hope that　　As of the end of Friday, the shares in the two-tier market in the stock price of 15.37 yuan, from the listing of 32.56 yuan on the opening day after the right to return down 28.89%, dynamic P/E is 106.4 times times. Securities brokers said Dongxing securities Power Equipment industry analyst Zhouhongyu from the industry, Bao Tak shares of the market share is still high, the future is to do the sea mining, so that the future rise in space is relatively large.　　But for now, the company's performance and up to 105 times times the dynamic P/E ratio, the risk is relatively high, so can only say in the long run prospects. -34.75% increase in green Bao line to the industry shuffle Junction as the only one in the domestic listed game company, China Green Po (300052) in the two-tier market, the share price has hit a new low. Compared with the initial price of 30 yuan, March 29, the new 17.36 yuan, the new low prices have been close to the fold.　　As of the end of Friday, the closing price of the Qing Bao is 17.92 yuan, with the listing of 36.01 yuan on the opening day after the right to recovery has fallen 34.75%, dynamic P/E ratio of 65.6 times times. Relevant data show that in China's online games listed companies, Tencent, Shanda, NetEase and other 12 listed companies occupy the market share of 90% games, its position is difficult to shake. The remaining 10% of the market has been hundreds of small enterprisesThe industry is fiercely carved up, and China Green Treasure is one of them.　　It is understood that the company's 2008 market share of only 0.26%, 2009 market share of 0.3%. The online games industry has entered the bottleneck period after experiencing the development of the early years. Almost all the performance of online gaming companies compared to previous years are different degrees of regression, although some companies still maintain a high gross margin, but the rising costs have eaten up some of the profits.　　China Green Treasure 2010 Earnings show, the company's annual net profit of 36 million yuan, down 13.65% year-on-year. With the rise of the SNS community, smart phones, tablet computers and other emerging electronic products, prop pay model has gradually declined.　　The traditional net swims the enterprise, also already stood in the industry to shuffle the crossroads.　　Securities company said the TMT industry analyst Zheng and tour game industry inside the competition is quite high, in this industry can only be regarded as a three-flow or even four-flow enterprises, its advantage is only to intervene in the two-tier market earlier, the popularity of other enterprises than the same level better. As far as Chinese online games are concerned, the homogeneity degree is relatively high, and the profit time of products is poor.　　And the emerging mobile games and SNS site games, the company is not very large investment, the audience reached a certain amount of the product in depth is still relatively difficult to break through. -46.66% Net profit NETAC technology performance ranked third last January 8, u disk's father led Netac technology (300042) landing gem, but in the market three months later, NETAC technology performance. Last year, the company reported that the net profit of 2.5503 million yuan in the first quarter, down 29.74%, the interim results achieved net profit of 9.5733 million yuan, fell 33.49%, the first three quarter to achieve net profit of 15.64 million yuan, down 47.71%.　　According to the company's earlier release of the 2010-year performance letters, NETAC technology is currently in the 46.66% net profit decline in the gem decline in the third position. Secondary market, NETAC technology not only difficult to return to the earlier price of 39.00 Yuan, but also have a strong impact on the entire gem drop the top position.　　By the end of Friday, NETAC technology shares had fallen to 26.31 per cent, after a 48.02% fall in recovery and a dynamic earnings ratio of 84.3 times times. This January, NETAC technology executives restricted shares lifted, to Xiangfeng, Wang Quanxiang and other senior executives led by the wave of reduction.　　Shenzhen data show that at present, NETAC Technology 7 senior executives and two senior staff members of the total reduction of 1.7622 million shares, the amount of cash over 48.6 million yuan. Brokers said Haitong Securities electronics industry analyst Qiu Chun Cheng Netac technology profit model for the "Product sales + patent licensing fees", although the patent charges gross profit margin of more than 60%, sometimes up to 90%, but the company is still the overall downstream brand operators, the past 3 years of gross margin has a greater volatility, The company will still need to pay attention to the trend of raw material price fluctuations, otherwise the rise in the flash can not buy, the decline has lost value. The patent risk isThe declaration is invalid, the patent loses the commercial value, cannot carry on the patent rights protection lawsuit comprehensively, guarantees the victory and so on.　　Forecast company from 2010 to 2011 earnings per share of 0.95 yuan, 1.10 yuan, do not recommend investors to purchase. The original stock is now 1 billion retail investors Bo Silly Tianlong photoelectric achievements 2010 years of Tianlong photoelectric (300029) is a harvest year. The announcement showed that last year's estimated revenue of 453 million yuan, an increase of 52.71% per cent, net profit of 83.9582 million yuan, an increase of 22.75%. At the same time, and the company laughed together with Tianlong photoelectric the second largest shareholder Tang. Data show that Tang owned 30 million units of the original unit, holding the cost of only 2.4 yuan/share.　　In the days of the Dragon photoelectric ban, Tang will be crazy reduction. As of April 1, Tang holding company 30 million shares of unlimited sales and circulation has all been reduced, is no longer the company's shareholders. After more than 10 reduction, the initial estimate of Tang will be up to 1 billion yuan.　　Tian Long photoelectric undoubtedly became a rich factory, and for many investors staged a textbook-style process of enrichment. Data show that the initial distribution of Tianlong photoelectric price of 18.18 yuan, corresponding to the 62.69 times times P/E. In more than a year, Tian long photoelectric shares rose all the way, and at the end of February this year set a record of 38.49 yuan, up to now the company's share price has risen to 30.81 yuan, after the cumulative gain of the right to 3.2%,　　The risk remains that the dynamic P/E ratio is more than 80.9 times times higher than the agency's forecast for its 2011 earnings ratio. Securities companies said that Nanjing security industry analyst Liu Shi Tianlong Photoelectric products are good, at present, the main crystal furnace as a profit point, the future of the market opened more than the crystal furnace will have a better prospects for development, but the company's risk lies in the multi-crystal furnace market to develop lower than expected. The company is expected to achieve 2010, 2011 earnings per share of 0.48 yuan, 1.06 yuan, corresponding to the current stock price earnings ratio of 76.5 times times, 34.7 times times respectively. Tianlong Photoelectric stock price is not good to say, can only say that the product is good. The company's earnings multiples cannot be generalized, and change will change as the market changes.