The first brigade to finalize the Nanshan tickets into the year or start to increase

Every reporter Yang Ke to haunt the first brigade shares (600258, closing price 22.53) for many years the issue of ticket sharing finally came to an end. 29th, the company announced that, from 2011 to 2025, the holding subsidiary of Hainan Nanshan Cultural Tourism Development Co., Ltd. (hereinafter referred to as Nanshan culture) will be 40% of Nanshan ticket income, Sanya Nanshan Guanyin Court Construction Development Co., Ltd. (hereinafter referred to as Guanyin Court) points to the remaining 60%. 2026 years later, the two sides will be divided into 55. Researcher: This year, EPS will be reduced 0.43 yuan 2010, Nanshan Cultural ticket income of 279 million yuan. During the same period, the total revenue of the first Brigade's scenic spot was 421 million yuan, which accounted for 18% of the main business and an increase of 11%. At present, the first brigade shares now hold 73.808% of Nanshan culture equity. The shares of the first Brigade said that the share of ticket revenues will have a greater impact on the company's 2011 earnings. "The split scheme is slightly lower than expected," a travel researcher at a northern brokerage told reporters, "First of all, so we calculate the profit forecast based on 55 points." This means that the actual ticket receipts for the first brigade will be 20% less than expected. In addition, 46 points of time up to 15 years, a little bit longer. "Our previous earnings forecasts are based on a 46 split," Jiang Ya, a CITIC securities industry researcher. However, the market did not consider the situation, and still gave the unit a higher valuation. According to our elasticity calculation, the first brigade is 40%, corresponding to the 2011 deduction of EPS for 0.57 Yuan, which is divided into EPS (earnings per share) of 0.43 yuan. In addition, the agreement content if according to 2010 year Performance calculates, excludes the tax and the shareholding proportion influence, to the performance influence EPS0.38 yuan, the influence amplitude is about 47%. First Brigade: For the start of the year set to increase the first brigade shares of Nanshan ticket income of 60% points out, not entirely bad. In 2008, the First Brigade group proposed to use the public offering to inject its subordinate hotels into the first brigade, but the injection scheme was not approved due to the unresolved admission of Nanshan tickets. In December 2008, the first Brigade acquired a four-star Qianmen Hotel affiliated to the major shareholder. November 2009, the Qianmen Hotel's acquisition work has been completed. However, due to the admission of Nanshan, the application for the increase has not been approved. A travel researcher, who declined to be named, said the settlement of the Nanshan ticket split meant that the restructuring hurdles ahead of the first-brigade stake were cleared. From the current situation, it is likely to inject large shareholder under the hotel assets. "Daily economic news" yesterday as an investor to call the first Brigade stake, its director of the office said, the company is currently doing a refinancing plan, to launch a targeted issue this year. According to the May 2009 plan, the first brigade proposed to raise more than 892 million yuan, for the acquisition of new Overseas Chinese Hotel 100% Equity and four projects.