Shenzhen energy two quarter crazy to reduce the mad earn 400 million

Source: Internet
Author: User
Keywords Reduction investment securities the United States of electrical appliances wind power projects
Tags .net bank of communications closing closing price communications company listed companies net
Every reporter Li Reduction! Reduction! Further Reduction! Only June one months, Shenzhen Energy (000027, closing price of 11.24 Yuan) issued a three reduction notice, if combined with the early May to reduce the shares (000601, closing price 5.76 yuan) announcement, the company two quarters issued a total of four reduction announcements.  Through the two quarter of intensive reduction, Shenzhen Energy received about 415 million yuan of income, and this part of the revenue will be as a non-recurrent profit and loss account into the company's net profit. Two-quarter profit 415 million yesterday, the Shenzhen energy release announced that the period from June 18, 2009 to June 29, the company to 14.06 Yuan/share of the average price,  Through the sale of the 8.261 million shares of the United States held the U.S. electrical appliances (000527, closing price of 13.90 Yuan), after deducting costs and related transactions tax revenue generated by about 105 million yuan, this part of the cash will be used to supplement the company's liquidity. The announcement showed that, from June 5 to June 17, The company sells 4.6444 million shares of electrical appliances and 6.8902 million shares of Bank of communications, deducting costs and related transactions and taxes after profit of about 103 million yuan; May 20 to June 4, the company sold the United States of electrical appliances 922,300 shares and Bank of communications 13.2878 million shares, deducting costs and related transactions and taxes after the profit of about 102 million;  Energy sales Shao Energy shares 45.2175 million shares, deducting costs and related transactions and taxes after the gain of 105 million yuan.  Shenzhen Energy in the two quarter by reducing the United States of electrical appliances, Bank of communications, Shaoguan shares, the cumulative profit of about 415 million yuan. One financial personage pointed out that Shenzhen energy two quarter selling shares income of 415 million yuan, according to the accounting standards should belong to investment income, in semi-annual report accounting into the company's non-recurrent profit and loss, thereby thickening company profits.  Notably, this is equivalent to about 40% of the company's net profit last year. Researcher: or because of investing in new energy, Shenzhen Energy said, after May 23, 2008, the company's board of directors held five 20 meetings to consider the adoption, and the June 13, 2008 convened by the company 2007 annual shareholder meeting approval, the company manager can be timing according to the need to sell the company's holdings of other listed companies in small shares For a period of authorization until December 31, 2010.  The company believes that the current beauty of electrical appliances and other prices have entered a reasonable range of sales, and therefore choose to sell in the near future, the proceeds will be used to supplement the company's cash flow. But the reporter found that, in fact, Shenzhen Energy is not short of money, even compared to other electricity companies appear to be more "rich", a quarterly report shows that the company's Monetary Fund of 2.433 billion yuan, the debt rate of 49.57%, far superior to the average power industry listed companies. There is no shortage of money at the end of the quarter, so why sell stocks in the two quarter? Industry insiders believe that the company's good performance, the use of the sale of shares to whitewash the possibility of performance is very small, there should be a large number of projects need the company to invest a huge amount of capitalGold。 The recent field survey of Shenzhen Energy Investment Securities analyst Peng Quangang said, the company currently has more projects under construction, in addition to conventional thermal power projects, the company also focused on wind, nuclear and other projects development. Wind power--the company Tongliao 300,000-kilowatt Wind power project has been reported to the National Development and Reform Commission; Manzhouli 200,000-kilowatt Wind power project, will be phased construction, the current phase of 69,500 KW has been formally approved.  Nuclear power-the company has previously signed a strategic cooperation framework agreement with the Guangdong Nuclear Power Group (hereinafter referred to as China-Canton nuclear), and the company will be building a nuclear power project with the Chinese-Canton nuclear cooperation, with a further two reserve projects. Peng Quangang pointed out that the establishment of a large number of new energy projects shows the determination of the company's strategic adjustment. After the completion of the project, the company's long-term investment value will be more prominent, conservative calculation, the company 2009 earnings per share should be 0.55 yuan, and 2010 earnings per share is expected to reach 0.7 yuan, reasonable price of 12.65 yuan.
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