The heyday of the restructuring to enter the steam trade industry yesterday "one" word trading

Due to the planning of asset restructuring and suspended the peak of the heavenly creations (600335, closing price of 9.00 yuan) yesterday (July 22) announced the restructuring plan, due to the previous main business losses, the company's new reorganization plan said will abandon the machinery business, engaged in automobile trade.　　By this favorable stimulation, the company shares yesterday after the resumption of the "one" word trading, a 9.00 yuan. Hot money: The opening seal trading peak in 2009 to disclose additional plans, raised funds mainly invested in the original main business machinery manufacturing.　　Yesterday, the peak Tiangong announced a new reorganization plan. The heyday of the company said that, due to the fierce competition in recent years, and other reasons, resulting in the original business profitability is weak.　　The company suffered a loss of $71.6957 million a year in 2009, when the industry was depressed by the international economic crisis and the import and export trade shrank sharply, and the company lost 15.0197 million yuan in the first quarter. In view of the above reasons, the heyday of heavenly creations to be full of assets and liabilities, and the actual control of the people's state machine group held in the middle of the steam trade and other shares to replace; at the same time, the company to the national machinery Group and Tianjin Bohai State-owned companies to 7.83 yuan/share of the price issue about 288 million shares, the purchase of both held in the steam trade surplus shares.　　After the completion of the transaction, the heyday of the main business will be changed from machinery to automobile trade. Yesterday, by the injection of new business stimulation, the heyday of the opening will be a large number of bills sealed in the trading board until the closing.　　The whole day only deals 7.6201 million yuan, the turnover rate is 0.51%, shows the fund to the stock Outlook bullish.　　After the sale of the trading table revealed that the first five buy seats are all hot money, the biggest buy is the HONGTA Securities Shenzhen Yitian Securities Business Department, buy 3.6 million yuan, the second is the Oriental Securities Hangzhou Longjing Road Securities Business Department, buy about 1.7 million yuan.　　Researcher: Reasonable stock price can be 9.8 yuan a brokerage researcher said that because the new auto trading business and the heyday of the original loss of the old business compared to the more dynamic, so the company's stock trading yesterday is not surprising.　　It is understood that the injection of the steam trade is the holding shareholder state machine Group Auto Trading and services of the core enterprises, the main business for the import of Auto Wholesale, automotive retail and trade services business. According to the data, from 2007 to 2009, the operating income of the China Motor Trading company increased from 4.7 billion yuan to 13.8 billion yuan, and the annual compound growth rate was 71%, while the net profit attributable to the parent owner in the same period was 107.8979 million yuan, 146.7695 million yuan and 135.392 million yuan respectively.　　In the first half of 2010, the operating income of the Sino-auto trade has reached 13.9 billion yuan, and the net profit of the parent company without audit is 137.2544 million yuan. The securities researcher to the "Daily economic news" reporter calculate a sum, in accordance with the current heyday of the total equity 276 million, and the directional additional 288 million shares to calculate, after the reorganization, the peak of the total share capital will expand to 564 million, a rough estimate of 2010 earnings per share will be about 0.49 Yuan. He said: "According to the current trading industry, the average price/earnings ratio of 20 times times to estimate, the company's reasonable prices can be 9.8 yuan, so the reorganization of the plan issued, trading is also understandable." ”