Tianshan Textile high Volume future worrying

Abnormal performance: In two trading board routine suspension, Tuesday stock price complex licensing high volatility, turnover significantly magnified last week. Comments: The company is engaged in the production and sales of textile and apparel in Xinjiang, textile machinery and accessories, textile raw materials and accessories sales listed companies. In June this year, after a long suspension, the Tianshan textile issued a major asset reorganization announcement, in accordance with the price of 5.66 yuan per share to Xinjiang Kaidi Mining Investment Co., Ltd., Qinghai Snow Chi Technology Co., Ltd non-public issue 123 million shares, the purchase of Xinjiang West Billiton Mining Co., Ltd. 75% of the equity. The amount of assets purchased for this issue shares is 696 million yuan. This is the Xinjiang Kaidi Investment Limited liability company to obtain the control of the Tianshan Textile, the official fencing Tianshan textile Transformation Ore enterprises.　　Through this transaction, the main business of Tianshan textile will increase the development, production and sales of nonferrous metal mineral resources, from single woolen industry to diversified business transformation. The main business of West Extension mining is the mining of copper and zinc in Ⅰ Mine section of loess Slope Mining area. The prospecting right of the listed company to purchase assets West Extension Mining area is 73.41 square kilometers (not deducted the following newly handled mining warrant area), mining right mining area is 2.02 square kilometers. The remaining 71.39 square kilometers in the prospecting right can find ore bodies with economic exploitation value and the application of corresponding mining warrants is uncertain. Kaidi Mining Commitment: To ensure that the Tianshan textile 2010 years without loss, 2011 to achieve net profit of not less than 10 million yuan in 2012 to achieve net profit of not less than 20 million yuan. If these profit targets are not met, the shortfall will be replenished in cash.　　The announcement shows that Kaidi mining as at December 31, 2009 has a net assets of 496 million yuan, with the ability to fulfill their commitments. After the announcement of the company, its share price has received 5 trading board. After adjusting 6 trading days, last week again volume trading. In the one-month period, its share price rose more than 1 time times. Tuesday after the company's routine suspension of other information, the price shocks reached more than 12%, turnover close to July 7 high level. From the current company's share price, although the reorganization of assets for the future development of the company to open up new space, but in the short term a sharp rise, has been more fully digested the positive news. Tuesday large volume, the stock price shocks long Shanghai film Small Yin Line, showing high and empty differences increase, the pressure of the stock price adjustment, the higher the likelihood of drop.