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侨丰证券建议在2.30元买入阳光能源(0757-HK)

Qiaofeng Securities suggests buying Sunshine Energy for $2.30 (0757-HK)

僑豐證券 ·  May 13, 2009 13:55  · Researches

Buying factors: According to reports, the National Energy Administration is currently formulating plans for revitalizing the new energy industry, mainly to accelerate the development of the new energy industry. Wind power will be the focus of future development. Stimulated by news, shares developing the wind power business rose sharply yesterday.

Sunshine Energy is one of the major manufacturers of solar monocrystalline silicon ingots and silicon wafers in China. It plans to establish a joint venture with two independent third parties in Jinzhou, Ning Province to produce and sell photovoltaic modules and design and install photovoltaic systems. Sunshine Energy accounts for 51% of the joint venture. Establishing a joint venture allows it to benefit from its existing business structure; predicting a price-earnings ratio of 9 times is relatively inexpensive.

If the technical form is still very good, there are more “buy” signals, and if the trading volume matches, it can be held continuously.

Purchase price: 2.30 yuan (current price 2.34 yuan)

Target price: 2.60 yuan

Stop loss price: 1.90 yuan

The translation is provided by third-party software.


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