Fourfold positive push up cement sector institutions favor 9 potential stocks
Yesterday, the performance of the stock index was sluggish. Some of the hot minority stocks caused the cautious mood in the market. The shock consolidation continued to become the main theme of the market, while the cement sector stood out and strengthened against the market.
In terms of individual stocks, yesterday, Sansheng Co., Ltd. and Western Construction rose by more than 4%, respectively: 4.
29%, Tianshan shares (3.
58%), evergreen (3.
44%), Jinyuan shares (2.
47%), UBM Technology (1.
65%) and other stocks rose by more than 1%. Other cement stocks that achieved growth yesterday include: Qilianshan, Conch Cement, Ningxia Building Materials, Shangfeng Cement, and Huaxin Cement.
In terms of capital flow, the Securities Daily Market Research Center found that according to the flush flush statistics, yesterday, Tianshan shares (3841.
770,000 yuan), Conch Cement (3793.
99 million yuan), West Construction (3379.
340,000 yuan), Shangfeng Cement (1684.
770,000 yuan), Qilian Mountain (1158.
610,000 yuan), Jinyuan shares (656.
670,000 yuan), Sichuan Jinding (27.
620,000 yuan) and other 7 cement stocks showed a large net inflow of funds, attracting a total of 14,542 gold.
Initialists generally believe that multiple positives will continue to push up cement stocks.
First, the performance data is dazzling.
As of now, a total of 24 listed companies in the cement industry have disclosed their 2017 annual reports and performance bulletins or notices. In 2017, 21 companies achieved net profit or are expected to achieve growth, accounting for 87.
Among them, 14 companies realized or doubled their net profit in 2017, and Sichuan Jinding, Lion’s Head, * ST Qingsong and other three companies turned their performance into profit.
First of all, resumption of work may come.
China Merchants Securities pointed out that due to the better implementation of suspension of production in most regions, and the time for resumption of production is mostly in mid-March, demand needs to be activated, and inventory is expected to adjust to normal levels.
Overall, prices are expected to rebound in mid-late March.
Again, price increases are expected to be strong.
Anson Securities believes that through demand activation, inventory is expected to return to normal levels, and it is unlikely that the overall price will continue to fall sharply. It is expected that prices will usher in a stable rebound in the middle and late three months.
Finally, institutions sing more collectively.
Since March, a series of institutions including Huachuang Securities, BOCI Securities, CICC and other companies have expressed optimism about the opportunities in the cement industry.
Among them, China Merchants Securities stated that it is optimistic about the short-term profit growth of the cement industry and the improvement of the industrial structure brought about by long-term supply-side structural reforms.
The medium- and long-term supply-side structural reforms will make the industry profitable in different regions and different companies, and the estimates of leading companies will also be improved in this round of industry consolidation.
It is recommended to focus on regional markets with stable demand and mature markets, such as East China; focus on western markets that benefit from investment in key infrastructure projects, such as Guizhou and Shaanxi; recommend focus on stable profits and benefit from the 深圳桑拿网 supply-side structural reform of leading companies Conch Cement.
In terms of concrete investment opportunities in the cement industry, recently, a total of 9 cement stocks have been given optimistic ratings such as “buy” or “overweight”. Huaxin Cement Institutions ranks first, reaching five, Conch Cement, ShangfengThere are 3 institutions optimistic about 2 stocks such as cement. Other institutions are also optimistic about cement stocks: Tower Group, Jinyuan, Sansheng, Sinoma International, Jinyu Group, and Jidong Cement.
As for Huaxin Cement, the company’s 2017 annual report performance report shows that the net profit attributable to shareholders of listed companies from January to December 2017 was 359 from the same period last year.
Haitong Securities said that the company’s performance exceeded expectations and maintained an “overweight” rating.
From the perspective of the 2018 fixed asset investment plan, the growth rate of the central China and southwestern regions where the company is located is expected.
It is expected that the company’s annual revenue from 2017 to 2019 will be 1.39 yuan, 1.
77 yuan, 1.
97 yuan, giving the company 11 times 2018 price-earnings ratio, target price of 19.