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2014-07-26
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公司业绩

ABC公司今日发布一季度业绩快报。预计归属母公司股东的每股盈利为XX元,同比增长XX%,超过市场一致预期但与我们的预测一致。我们认为,尽管公司一季度每股盈利同比增长幅度较大,但主要原因在于去年同期的低基数效应,而盈利季环比增长仅为X%,未能达到投资者预期。因此,我们认为公司股价将出现一定调整,但下降空间不大;另一方面,由于公司治理结构良好,长期前景向好,盈利仍有较大上升空间。建议短期投资者获利了结,而长期投资者可逢低吸纳。

行业策略:

2012年房地产行业将下行触底,量价齐跌,预计底部出现在三、四季度。调控政策将继续从紧,全面放松要等到投资数据大幅下滑以及房价调整到位之后,我们认为将与行业见底同步。地产股上半年将延续震荡态势,建议配置流动性好、基本面优势明显的龙头房地产股票以及防御性较好的商业房地产公司。随着投资增速在年中回落、公司盈利一致预期下调、信托融资风险释放,地产股将迎来较好的反弹机会,可以适当转换至高弹性的区域性龙头股票。


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shenxiaokun 查看完整内容

The company's performance: Today ABC company published performance letters of the first quarter . Earnings of per share which belongs to the parent company shareholders is expected to $XX, XX % year-on-year growth, more than the market consensus but in line with our forecast.We think that although in the first quarter earnings per share growth compared to the larger, the main reason is the low ...
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2014-7-26 10:24:34
The company's performance:
Today ABC company published performance letters of the first quarter . Earnings of per share which belongs to the parent company shareholders  is expected to $XX, XX % year-on-year growth, more than the market consensus but in line with our forecast.We think that although in the first quarter earnings per share growth compared to the larger,  the main reason is the low base effects during the same period last year, and gains the quarter-on-quarter growth is only X %, investors had failed to meet expectations.Therefore, we believe that the company's share price will appear a certain adjustment, but not  fall; On the other hand, due to good corporate governance structure, the long-term outlook, a big increase in profit is still a space. Suggested that short-term investors locked in profits, while long-term investors can bargain-hunters.
Industry strategy:
In 2012 the real estate industry will be downward hit bottom, and quantity price is falling, expected to appear in the bottom of the third and fourth quarters. We will continue to tighten regulation policy、fully relax until a sharp drop in investment data and prices after adjustment in place and we think the bottom synchronous with the industry.Property stocks will continue during the first half of volatility, it is recommended that the configuration good liquidity, and the fundamentals of obvious advantages leading real estate stocks and defensive good commercial real estate company.As investment growth in the years back, consistent earnings forecast, trust financing risk release, property stocks rebound will have a better opportunity to transform can be appropriate to the high elastic regional leading shares.
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2014-7-26 16:57:40
The company's performance:
Today ABC company published performance letters of the first quarter . Earnings of per share which belongs to the parent company shareholders  is expected to $XX, XX % year-on-year growth, more than the market consensus but in line with our forecast.We think that although in the first quarter earnings per share growth compared to the larger,  the main reason is the low base effects during the same period last year, and gains the quarter-on-quarter growth is only X %, investors had failed to meet expectations.Therefore, we believe that the company's share price will appear a certain adjustment, but not  fall; On the other hand, due to good corporate governance structure, the long-term outlook, a big increase in profit is still a space. Suggested that short-term investors locked in profits, while long-term investors can bargain-hunters.
Industry strategy:
In 2012 the real estate industry will be downward hit bottom, and quantity price is falling, expected to appear in the bottom of the third and fourth quarters. We will continue to tighten regulation policy、fully relax until a sharp drop in investment data and prices after adjustment in place and we think the bottom synchronous with the industry.Property stocks will continue during the first half of volatility, it is recommended that the configuration good liquidity, and the fundamentals of obvious advantages leading real estate stocks and defensive good commercial real estate company.As investment growth in the years back, consistent earnings forecast, trust financing risk release, property stocks rebound will have a better opportunity to transform can be appropriate to the high elastic regional leading shares.
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2014-7-26 20:09:06
shenxiaokun 发表于 2014-7-26 16:57
The company's performance:
Today ABC company published performance letters of the first quarter .  ...
Thanks boy \^^/
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