Sunday, January 8, 2012

swtor power leveling A ZKD

129667648243115392_31Wen Liang Yu Shenzhen reported to suspend business for over a year of Shougang shares (000959 shares) (000959), finally achieved success in the week to restructure and resume trading. However, the resumption of trading of Shougang shares not only failed to usher after rose, but mired in the crazy fled to decrease in many bodies, as well as the top ten brokers collective shook his headIn the State. Main production forced to restructure as old iron and steel enterprises, Shougang shares was afraid to compliment of business in recent years. In the period from 2008 to 2010, the company first to ensure that the environmental quality in Beijing, commitments honoured during the Olympic Games limited production, and at the end of last year, located in the Shijingshan district of smelting, hot-rolling capacity of the factory productionSystems also experienced halted, leaving only the first cold-rolled wire rod plant of Shougang company. Recommended reading hexun about City Hall: next week's a-shares or to five major gold stocks are now buying opportunity in consumption will burn at the passion 8 zhanchiyufei muddy water and focus: who discovered fresh black who now cannot wait shareholders Li 8 family of a 12-year Player 8 deepInvestment realization IPO a tiger 29 months "circle" approaching trillion [Twitter] Lao Sha: International Board will do before the path of a [Unit] strong signals are not bottom-feeders are fools in addition, according to the State Council issued by the Beijing municipal urban master plan (2004-2020), as well as the relocation of Shougang implementation, of national development and Reform Commission, restructuring and environmental governance programmeOfficial reply of the relevant provisions, Shougang shares retained by the first wire mill in 2012 will also stop production. ����As of December 31, 2010, Shougang shares be discontinued by the Shijingshan area has been discontinued, and the first steel wire plant production system, capable to 3.19 million tons of pig iron, steel, 3.3 million tons of 2.4 million tons of steel. At the same time, in Shougang sharesInvestment holding and shares other than the main business of 7 companies, Shougang Ka Wah Fu Road, Homestead and Shougang effects had been previously discontinued. Since 2008, events, such as Olympic and environmental protection policy under the influence of Shougang shares declining performance. Period from 2008 to 2010, the company revenues were 245.13Million, and $ 22.788 billion and $, net earnings of $ 354 million, $ 304 million and $ 232 million, respectively. Main business comprehensive subject, desperation Shougang shares was announced in late October last year of business for planned restructuring. However, many investors did not expect is that they hold is a whole yearThe time. Successful restructuring agency flight on November 19, Shougang shares announced a restructuring plan. Subsidiary of the company for the assets of iron-making plant, coke plant, the second steelmaking plant, high speed wire rod plant, the first wire rod plant of all assets and liabilities, and the company held by Beijing Shougang Ka Wah Fu Road, building materials Co Ltd, Beijing Shougang company limited color-coated plateBuy their shares as assets, and Shougang Corporation subsidiary Shougang Qian ' an iron and steel co, Ltd in Hebei province to exchange all relevant asset. Assessment in accordance with the relevant organizations, Shougang shares placed the assets section at the end of last year, estimates about $ 5.3 billion provided in accordance with the going concern, and this reorganization involves disarmament in advance of the land-lease contracts Shougang CorporationShougang shares in the amount of compensation is expected to be about $ 1 billion, Qian ' an iron and steel into assets valued at about $ 18 billion, the difference will be in Shougang shares to $ 4.29/unit price to the Shougang Corporation expects no more than 3 billion shares shares issued as consideration. Shougang shares also promised that within 3 years after the restructuring is complete will boost subsidiaries Shougang mining companyInjection of Shougang shares. ����Is the 3-year period into mining company's commitment swtor power leveling, expressed serious dissatisfaction for many investors. Last Monday, a successful reorganisation of Shougang shares, shares suffered after the resumption of the continuous plunge. ����First day of the resumption of the "a" glyph fell, fell again in the next day, final or 9.77%. From the Shenzhen Stock Exchange announced trading DragonTigers top situation, many institutions in Shougang shares resume trading began after mad ran away, first day of the resumption of 3 institutions among the top three selling amount, total amount sold for $ 83.7355 million; Tuesday swtor power leveling, more institutions joined the ranks of flight, a total of 4 institutions selling list, together sold amounting to $ 62.5891 million. From a securityCompany understanding to, in Shougang shares suspension of this a years time in, steel plate related of listed company overall performance are is fell trend, II level market Shang steel plate of performance is fell most fast of one, "many company of city net rate has serious atrophy, average view about are has 1 time times, more of even reached has 8 times times, Shougang shares total cannot than Baosteel shares (6,00019, unit) or strong, invigorating fall is inevitable. "Future prospects are not good in Shougang shares after the announced restructuring plans, other than a massive flight of the institutions, brokerages are collectively gave poor reviews. Shun huatai securities, guotai Junan securities, combined, including 10 brokerages, without exception, are given "neutral" rating. Even brokerages admits, "the reportWhich is still in fact written by more moderate, did not actually predict their share prices. "Shougang shares the restructuring successful company, but is now in a" push the wall is not, first of all "embarrassment, investors said Shougang shares in business process, the continued commitment, and ultimately not iron mine injection, could the confidence in his commitment to wait 3 years?After multiple analysts interviewed by reporter learned that, Qian ' an iron and steel as the place of reorganizing assets, its main business is not to be optimistic about in the industry. Qian ' an iron and steel production is class of sheet products, these products are mostly used in terms of machinery, appliances and vehicles, they now are shrinking, and that this shrinking trend is global. Now before moreKing is the product of building materials, although shrinking, but is better than Qian ' an iron and steel. Even a small number of analysts also believe that the mineral class suffered a stir on the secondary market this year, if the Shougang can directly into iron ore may also be some interesting, but onto a completely hopeless after 3 years. On the current trends of the global economy as a whole, the industry generally believe that next year's iron oreDecrease of 20-25 dollars, and next 3-5 year as a whole are in a downward trend, can really do so even Shougang shares as promised, the successful injection of iron ore in 3 years, the hype themes are far from, coupled with the market downturn, the decline has become inevitable. QA Q= A= of the Huaxia finance sinolink securities analysis of iron and steel industryTeacher Wang Hua Q: in your opinion, the reorganization of Shougang shares success encountered what is the root cause of the fall? A: there are two main areas, a mend fell, other mining assets failed to inject project worse than expected. Shougang steel assets continued nearly two years to earn, Qian ' an iron and steel is the rare company, injected Qian ' an iron and steel is within the expectedBut as today's profits more lucrative ore assets, but 3 years later another injection, lag too serious, also contributed to the investors are not the main reason for paying. ����Q: Qian ' an iron and steel of the qualification of what do you think? A: this place and buy out asset valuation of $ 5.3 billion and 18 billion yuan, respectively, while its net late in the middle of 2011Assets respectively $ 4.667 billion and $, equivalent to the net assets valued at $ 12.7 billion injections, 2011 medium term end net assets of $ 125.89, corresponding to book value at 1.009 times times, taking into account the State-owned enterprise assets into PB cannot be less than 1, so the book close to the valuation of the assets into the lower bound,Hebei iron and steel, but compared to the present (000709, unit), Baosteel, WISCO shares (600,005 shares), angang 0.69 per cent times the book value, the company's asset/book valuations placed NET doesn't come cheap. ����Q: injected iron ore companies have committed to the future, for the future and what do you think? A:3 time of the yearToo long, this who can say that clearly. If I have to ask whether it has investment value, I would say so, but there is still only a. More than 3 years in the investment value of listed companies, and certainly better than Shougang shares, no less, does not necessarily have to iron ore choose 3 years of waiting.

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