South car era electric rose 1% SYWG still hold for long-term buy varieties

South Car era Electric early this morning, the stock price rose 1.06% to HK $11.42, 234,000 shares.　　Wanguo issued a report saying that the long-term buy rating of the unit, the target price of HK $10.86, corresponding to 09 PE is 20 times times, but the market discount of 5%. Wanguo that, in view of the southern car era electric future stable 30% profit compound growth, still believe that the southern era of electricity is a long-term buy varieties. SYWG is expected to be in the Ministry of Railways 320-row EMU Bidding, the orders received in the southern era of electrical revenue contribution of 6 billion yuan, will ensure that the southern era of electricity in the next 5 years of revenue growth. But it is expected to be very likely to fall below the 50% per cent share, which would be below market expectations and put pressure on short-term stock prices for the Southern car era, which would also provide a better buying opportunity for long-term investors.