South car era electric rise 2%UOB material benefits fundamentals and replenishment

South car Times Electric this morning against the city, the stock price is up 1.92% to 10.6 Hong Kong dollars, deal 148,000 shares.　　The UOB report said it maintained the stock-buying rating, with a target price of HK $10 to HK $12.5, an extension of the valuation to fiscal year 2010, and a new target price equivalent to 20 times times the expected P/E ratio of 2010, a price premium of 18%. UOB that because of the stability of the electric growth potential in the southern era and the strong research and development capability, the unit was given the best rating in the class stocks. The company said it would benefit from increasing the local strength of its railway equipment products, which would increase its gross profit margin. It also points out that the shares have been running for the H-shares index since the beginning of May because of lack of information.