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Wysłany: Sob 21:59, 27 Lis 2010
Temat postu: abercrombie outlet Three Teso Road - potentially v
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Three Teso said: potentially very strong industry leader
- Yahoo Finance
Today the three investment Teso Road (002159) continuous rise in stock prices recently, rose today to 2.54% and 9.09% of turnover all day. The company is located in Wuhan, is a professional cross-regional business cable chain, after years of development,
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, has now grown into one of the leading domestic cable industry. Currently the company has operated a Mountain cableway, ropeway Shijingshan Zhuhai, Guangzhou Baiyun Mountain cableway, Lushan Mountain cableway cableways and other 4, 2 runs,
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, 1 extreme sports center, a ground rail scenic cable car and 2 in the industry has a strong competitive advantage. Consolidated earnings per share the company forecast 2009-2011 were 0.18 yuan, 0.31 yuan and 0.38 yuan, the corresponding dynamic price-earnings ratio for the 81,45 and 38 times; the current total of 10 analysts tracking, two to give \, 5 to give a \Performance of the company than-expected growth. 09 the first three quarters, the company achieved operating income of 187 million, an increase of 46.36%; operating profit of 4,318 million, an increase of 80.93%; net profit attributable to parent company 1,767 yuan, an increase of 83.45%; earnings per share of 0.15 yuan. Three-quarter operating income of up to one quarter of 94.18 million yuan, an increase of 66%, net profit of 14.79 million yuan, 0.12 yuan per share a single quarter, an increase of 132%. The company expects 2009 full year net profit is expected to increase 50% -80%. The company's profitability and management capacity has increased significantly. Three quarterly data show that newly opened spot in the company management fees and marketing expenses increased in the context of the company's cost of sales over the 2008 rate increase of 5 percentage points over the same period,
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, the expense ratio during the same period last year dropped by 1 percentage point or so, sales of hair interest rates over the same period last year increased by nearly 5 percentage points, leading to the eventual sale of the company's net profit margin improved over last year by nearly 3 percentage points, reaching 11% level. Fully shows the company's management capacity and profitability is gradually upgrading the road expansion in the size of the company, the company's gradual realization of scale. Enhance the development potential of private placement. Recently the company announced that the company is not prepared to more than 3,500 additional shares, the additional price of not less than 8.35 yuan / share, not more than 330 million to raise funds for the development and construction of five scenic spots and the repayment of bank borrowings. China Merchants Securities believes that money has always been a major bottleneck in development of the company, due to area development, cash flow, before the low-high, relatively large initial demand for capital, the company rate of 50% of the current assets and liabilities, and liabilities, mainly bank loans, Refinancing can effectively help ease the financial pressure on, lay the foundation for sustained development. The company raised investment projects,
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, the project is located in the romantic days of margin of Monkey Island, adjacent to Sanya, Hainan Province will benefit from the development of tourism, the other four projects are located in Hubei Province, will greatly benefit from the Western Hubei traffic improvement, the rise of tourism. These projects will not only become an important medium-term growth performance, and follow-up resources for the company to obtain significant. Many projects the company is in cultivation period, although short term can not contribute to net profit, but the huge potential for development and therefore can not simply use the PE to valuation. Shanxi Securities believes the company is from the service provider to the resource-based model transformation, optimistic about the company, \adjust the structure of economic development, policy environment to stimulate consumption, with the domestic economy and the recovery of the tourism industry, and tourism trends in popular consumer demand, the second and third lines is still much room for development area, is very optimistic about the company's future development, performance of the company in 2010 is expected to grow at 44%. Risk factors: (1) cable security risk; (2) economic recovery than expected risk.
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