South Glass A proposed to raise capital 4 billion yuan today strong trading

Source: Internet
Author: User
NetEase Finance January 19 South Glass A yesterday evening issued a notice that the company intends to non-public issues of shares in the number of not more than 250 million shares, the issue of the reserve price of 17.88 yuan/share, the total amount of funds proposed to raise not more than 4 billion yuan.  The announcement indicated that CSG A's non-public offering will be used for the TCO film Glass Expansion Project, the wafer expansion project, solar cell and component expansion projects, and energy-saving glass projects. Guotai's analysis document points out that CSG a plans to earn more than 20 billion in the next 3 years (around 5.3 billion in 09), Fine Glass hope about 3.5 billion (09 450 million), flat glass 4 billion or so (09 around 3.1 billion), engineering glass 3 billion (09 1.9 billion), solar PV 10 billion or so (09 140 million). If the company project completed on schedule, the company's growth will be on a new level, fully reflect the management is determined to do a good job. Keep the company's long-term bullish.  2010-2011 EPS0.68, 0.94 yuan, overweight rating.  Today, the unit high Drive high, the afternoon quickly pulled up, strong seal in the trading, closing the 18.6 yuan, trading has not opened, trading volume slightly magnified in the previous days. Related news South Glass A proposed to raise 4 billion yuan to increase the energy and energy-saving glass

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