Poly GCL 5% shen million materials stock price has a support of a highly-priced 3.58 yuan
Source: Internet
Author: User
KeywordsStock price Hong Kong dollar the Nations
Poly (03800-HK), which has invested a huge sum of HK $26.35 billion in the acquisition of polycrystalline silicon, has dropped significantly this morning, with shares falling 5.21% to HK $2.73 and 7.25 million shares. But Wanguo published a new study, said the acquisition will be a strong support for the poly-GCL energy share price, giving a value of HK $3.58 per share, than the market premium of 31%. Wanguo refers to the 08-year 10 times multiples of the purchase price is more attractive; at the same time, although the price of polycrystalline silicon in 09 years experienced a deep decline, but that the price of polycrystalline silicon is close to the bottom, the latter is expected to stabilize, and Jiangsu can products to long-term contract sales, its price fluctuations will not be too drastic.
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