Radio and television information received by Oriental Media although the share price has not retreated

Radio and television news yesterday issued a new announcement, clear the proposed acquisition of assets business data and earnings forecasts. After the announcement of the reorganization in early January, the company's share price has risen by one-fold, and yesterday's market was flat on the news, and the industry believes that earlier stock prices have fully reflected restructuring expectations.　　However, the restructuring of the IPTV business profit space is still well worth looking forward to yesterday, the funds did not withdraw significantly, but also value this expectation. Hundred-vision technology into core assets yesterday, radio and television information detailed disclosure of the proposed acquisition of business details and profit forecast commitments.　　After the completion of the integration, radio and television information will have hundred-vision technology 100% Equity, SMG Technology 100% Equity, radio and television production of 100% stake and the letter to invest in 21.33% shares, the reorganization completed, the Oriental Media will hold radio and television information 41.92% shares, in a holding position. The announcement also disclosed the broadcasting information specific to purchase the profit forecast of the assets, including the Hundred Vision Technology 2010 years, 2011 forecast belongs to the parent company shareholder net profit respectively is 149.9 million yuan, 185.42 million yuan, the letter investment shares 2010, In 2011, the net profit of the parent company was estimated to be 309.26 million yuan and 190.12 million yuan respectively. As a whole, the net profit of the listed companies in the 2010 years after the reorganization and the 2011 test-Preparation Combined forecast is 255.11 million yuan (about 255 million) and 265.52 million yuan (　　About 266 million). After the transformation of radio and television information will become the IPTV business as the core of the new media enterprises. Hundred-vision technology is China's first specialized in IPTV, mobile TV and other new media business operations companies, after the reorganization of the hundred-vision technology has become the core assets of radio and television information. This is also the triple-net fusion background radio and television information the biggest aspect.　　One of the core business of investing in shares is to invest in digital home service and to form a synergistic effect with the new media Technology Service and marketing business of the technology.　　The median line still has the potential to rise since January after the release of reorganization News, radio and television information even pull four, Guangzhou private Yin Think, the new bulletin no special surprises, from the short-term to see there will be small adjustments, but the medium term can continue to hold, because there is money in the speculation repeatedly. Yesterday broadcast information closed at 14.47 Yuan, down 1.09%, radio and television electronics closed at 8.17 yuan, down 0.85%.　　Bohai Securities people believe that the funds did not withdraw significantly, although the recent stock price unilaterally rose to a record high, but the valuation is more reasonable. The key expectation of the unit is also the vision of the performance of the blockbuster. 2010 Hundred-Vision has 4 million users of IPTV, accounting for the national IPTV user share of about 60%.　　In 2010, the total income of the assets accounted for about 693 million, attributable to the parent company's net profit of 255 million, of which the hundred-Vision technology revenue accounts for about 55%, net profit accounted for about 59%, and the 2011 net profit of the technology is expected to account for about 70%. A total of 8 institutions have recently forecast the 2010 annual performance of radio and television information, average forecast net profitRun for 245 million yuan, the average forecast basic earnings per share of 0.2205 yuan (the highest 0.32 yuan, the minimum of 0.19 yuan).　　Radio and television information has not yet published an annual report, but from last year's three-quarter shareholding status, the shareholder number decreased by nearly 23% compared to the previous quarter. SYWG analyst million to pay attention to radio and television information two logic, one is the increase in user number and a RPU higher than expected, the second is the Shanghai SMG asset injection of expectations, and expected to promote the role of stock prices far more than the fundamentals.　　Although he also thought the short-term injection probability is low, but he still set the target price to 18 yuan.　　These brokers also believe that radio and television electronics may maintain a longer box oscillation. Reporter Chen Yuanyuan