Guangzhou lang qi directional fundraising 520 million

Source: Internet
Author: User
June 3 suspended Guangzhou lang Qi (000523) announced today that will be directed to add more than 520 million yuan, for the construction of new bases and national marketing network.  Among them, 430 million yuan for investment in the construction of Nansha production base project, to achieve the company's main production base transfer new, expand production capacity. Canton Wave Qi said that the number of targeted issuance of shares not less than 30 million shares, no more than 50 million shares, the issue price is not less than 8.79 yuan/share.  The closing price of the unit before its suspension was 10.61 yuan/share.  Wave said that after the project is put into production, the average annual sales are expected to reach 2.38 billion yuan, the average annual profit is 64.3611 million yuan, the internal rate of return is 23.8%. Investment advice GF Securities Industry analysts said that the Nansha base of washing powder and liquid detergent capacity expansion to the current 1.6 times times and 4 times times, according to the calculation, Nansha new capacity 2011 and 2012 will contribute 0.14 yuan and 0.30 yuan of the performance. The target price of 14.5 yuan is conservatively estimated within six months, giving a "buy" rating.

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