The IPO price of the four new shares is under collective exploration

Commercial newspaper reporter Limbe motherboard new shares of the group (601718) and the Pearl River Beer (002461), Jia Tang (002462), Shanghai Electric Shares (002463) three new and medium-sized board shares issued today.　　Analysts expect the China group and Shanghai Electric shares of the high probability, the Jia Tang and Pearl River beer is relatively low rate. Inter-China Group: The issue price of 3.5 yuan This batch of new shares, which the main board of the group issued the largest number of new shares,　　Reached 1.157 billion shares, the total number of three small and medium-sized board shares also reached 190 million shares, but the four new shares of the absolute issue price is lower, are under 16 yuan, and the issuance of P/E has also declined, three small and medium-sized board shares of the average issuance of the earnings ratio of 43.4 times times, below the previous batch of 50.57 times times Inter-China Group This online issue of 578.5 million shares, the issue price of 3.5 yuan per share, the corresponding distribution of 30.5 times times, the purchase code of 780718.　　A single securities account can purchase up to 570,000 shares of China Group, below purchase needs to move 1.995 million yuan. The group has five business sectors, such as professional wear, professional footwear, protective equipment, textile printing and dyeing and leather shoes.　　The fund-raising is mainly used in the construction of military and police professional shoes, military and professional footwear, uniformed professional clothing fabrics and textile products, special protective equipment construction, research and development institutions function construction, and other five categories of 16 projects, while the super raise funds will be used to supplement the company's liquidity. "The Inter-China group and the listed military stocks are not a concept, there is no such listed companies." The company's orders are more fixed, so the performance generally will not appear ups and downs, the growth of the military products in the replacement.　　Jiangnan Securities researcher told the newspaper reporter.　　Hongyuan Securities researcher Liu Zhiju estimated that the 2010-2012-year inter-China group earnings per share of 0.15 yuan, 0.19 yuan and 0.22 yuan, comprehensive consideration of the company in the military munitions industry status and product situation, a reasonable price-earnings ratio of 20-25 times, the corresponding two-level market reasonable prices range is 3-3.75 Yuan.　　Although the growth of the group has yet to be considered, some analysts believe that these lower-priced new shares will soon be in hot pursuit of market funds. Pearl River Beer: The price of 5.8 yuan and the international group has similar to the Pearl River beer. National Securities wine Industry researcher Liu Xiaofeng pointed out: "The Beer Industry 2010-year forecast price-to-earnings ratio of about 33 times times, so that the Pearl River beer issue valuation too high." In addition, the company has little potential for future development. Liu Xiaofeng said that although the Pearl River Beer issued a high price/earnings ratio, but the absolute value of the shares is not high.　　This new stock does not have any long-term investment value, but speculation value is still there. The Pearl River Beer issued 70 million shares, of which 56 million shares on the Internet, the issue price of 5.8 yuan per share, the corresponding issuance of P/e multiples of 44.6 times times. A single securities account can purchase up to 56,000 shares of Pearl River Beer, below purchase funds required for 32.480,000 Yuan. Guotai that the future beer industry sales will steadily increase, Pearl River Beer's main source of profit for southern China.　　The company raised funds mainly used in Hunan and Guangxi two annual output of 201,000 litres of beer projects, Guangxi new production capacity can be digested, Hunan newly increased production can digest difficulties, new project profit contribution is not much, is expected to increase the thickness of 0.03 yuan per share. Jia Tang: The issue price of 12 Yuan Jia Tang This release 40 million shares, of which 32 million shares on the Internet, the issue prices of 12 yuan per share, corresponding to the issuance of P/E multiples of 50 times times.　　A single securities account can purchase up to 30,000 shares of the below, the purchase of funds 360,000 yuan. The main business of the church is pharmaceutical business, including pharmaceutical wholesale, chain retailing and pharmaceutical logistics.　　The company raised funds to invest in the second phase of pharmaceutical logistics construction projects, chain pharmacy expansion projects and pharmaceutical wholesale business expansion Project Total investment of 412 million yuan, to use 210 million yuan to raise funds. Analysts generally believe that the price of the church is too high. Hongyuan Securities analysts pointed out: "The pharmaceutical business sector concentration is low, the regional obvious, subject to health reform policy-oriented impact." The key to the future growth of Ka-Tang is the new round of Beijing's bidding and distribution policy. "With the Zhangjiangko into the issuance of the purchase phase, the funds invested in the 600895 is also entering the harvest period."　　According to the information disclosed, Zhangjiangko holds the 25.1486 million shares of the Kerry Hall. Shanghai Electric shares: 16 yuan Shanghai Electric shares issued 80 million shares, the online part of 64 million shares, the issue price of 16 yuan per share, the corresponding P/e is 35.6 times times.　　Single securities account can purchase up to 64,000 shares, below purchase to move capital 1.024 million yuan. The company mainly produces single, double-sided and multilayer circuit boards, circuit board assembly products, electronic equipment use of connectors and other products, these products are used in communications, automotive and consumer electronics and other fields.　　The company raised funds will be used for HDI circuit board 750,000 square meters expansion project, 3G communication high-end system board production line technical transformation project and Research and Development Center upgrade project. Hua Rong Securities researcher said that Shanghai Electric shares from the Corporate Communications Market board sales accounted for as much as 70%, while the 2010 domestic communications equipment investment scale growth significantly decline,　　Year-on-year growth in the first half fell 28.8% from last year, the global communication equipment investment is expected to remain negative in 2010, the company's corporate communications market plate sales in the short term is therefore still difficult to restore rapid growth. The researcher estimated that Shanghai electric shares 2010-2012 can achieve the ownership of the parent company's shareholders net profit of 346 million yuan, 414 million yuan and 466 million yuan, corresponding to the issuance of earnings per share of 0.5 yuan, 0.599 yuan and 0.673 yuan.