Following the G long after another only attracted the attention of leading G stock reform will resume trading transactions, today. Baosteel resumption of the first day of the end can rise? if it will lead the market over 1200 point integer Gates? the attention to the market.
Security companies are expected to rise excessively long electric
Long-resumption of trading on the first day of the actual up 14 per cent, Baosteel resumption of trading gains can exceed long electric? security companies on this more optimistic.
Safe securities is expected to resume on the first day of Baosteel rose above should be long electric, you may receive the 15% increase, positioned in the vicinity of $ 4.8. In their view, Baosteel rise before the suspension is far beyond the market, and before the publication of the right to have a gun, and the right to compare the full early to grab, late may have larger increase. Moreover, the low price-earnings ratio, price, and other indicators of low valuation, Baosteel stronger than long electric more likely.
In addition, suspension, resumption of trading between the large increase of 17%, iron and steel shares during this period are a substantial increase, so will appear, listing buzhang quotes.
Everbright securities that Baosteel positioned at around $ 5 is normal, because its price ratio than long electric high. Long-resumption of trading on the first day of the nominal prices less than 9%, estimated for resumption of the first day of Baosteel nominal prices will fall by 8%, the share price will be $ 4.8 to 5.
If indeed such as Bao Steel stock analysts expected higher than $ 4.8, brought about by a direct consequence is the largest shareholder of previous commitments made by the holdings may be elevated. Baosteel in stock reform programmes proposed, such as stock reform programme adopted within two months after the stock price is below $ 4.53, shareholder input not exceeding $ 4 billion of capital in the holdings of shares on the secondary market.
Agencies that do not sell
If the resumption of a sharp rise of Baosteel, agencies will not be the opportunity to sell? a fund manager told reporters, this is unlikely.
He said that the steel industry, steel as the main item, the current valuations are attractive, even in comparison with the international market, there must not be under-estimated. Fund as long term investors, not too will soon soared change on the company's assessment, the massive sell-off is unwise.
In particular, he pointed out that, Baosteel has undertaken over the next three years the annual dividend of not less than $ 0.32, institutional investors, is very tempting. Because even with the $ 5 per share prices, dividend income, the rate can reach 6%. Equivalent to a very high yield bonds.
However, he also pointed out that a small number of institutions do not exclude the possible profit out of the game. As in previous Baosteel SEO, to A class of investors placing of 4312 million shares will also be in circulation today, some chips bonus cost only $ 4.8 after, get on after lower cost price, if resumption of trading prices reached $ 4.8 over 20% of its profit, therefore exist back to spit.
Can I become a market of new engines
After the resumption of Baosteel, follow 4.8 element price, the market capitalization of more than 800 billion, weight over long electric. Therefore, it will be the future trend of the market have a greater impact.
Galaxy securities one analyst thinks, Baosteel have quotes in new engines. He pointed out that previous China petrochemical (information market Forum), G long electric trend are fairly stable, fell yesterday in the market, is relying on China petrochemical and G long electric start turning the index from green to red on the market on the market still remained quanzhonggu keen interest. And Baosteel joined will allow quanzhonggu on unit refers to the angle of the more obvious.
At present, the Shanghai 1192 points has been reached, the Analyst expects the Baosteel is expected to lead the market over 1200 point integer.
To warrant pricing influence major
The trend of Baosteel after resumption of trading, also on the upcoming Baosteel warrant pricing have an important impact.
Shenyinwanguoyanjiusuo noted that corresponds to the price of the underlying stocks of Baosteel, Baosteel theoretical value theC also appear different. If the stock price at $ 4.4 Baosteel, theory of Baosteel warrants at a price of $ 0.63; if the stock price reaches $ 4.7 Baosteel, Baosteel warrants at a price of $ 0.77 theory; if the stock price reaches $ 5.2 Baosteel, Baosteel warrants prices you can reach the theory 1.06 element.
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