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align=middle colSpan=2> <H2>重大利好Q煤炭h(hun)格又出现惊h上涨</H2></TD></TR> <TR> <TD align=middle colSpan=2> <H3></H3></TD></TR> <TR> <TD align=right width=346><A href="http://www.ynryjkb.cn/" target=_blank>煤炭资讯|?/A></TD> <TD width=382>2005-10-15 9:33:29    <A href="http://www.ynryjkb.cn/MroeNews.aspx">煤市分析</A></TD></TR> <TR> <TD colSpan=2 class="newsContent"> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" > <HTML> <HEAD> <meta http-equiv=Content-Type content="text/html;charset=gb2312" /> <title>重大利好Q煤炭h(hun)格又出现惊h上涨

重大利好Q煤炭h(hun)格又出现惊h上涨


                                                                           2005-10-15   

    昨日国家安全生监督理d发布消息Uͼ?000多个煤矿的整关闭,已经起到了立竿见q效果?月䆾Q全国原煤量比8月䆾骤然下降了近1/3。中国煤炭运销协会最新数据显C,今年1Q?月全国原煤量ؓ14.30亿吨Q?Q?月的产量?3.05亿吨Q这表明9月䆾原煤的单月量只?.25亿吨。而按照煤炭运销协会之前公布的同一口径数据计算Q我?月?月?月的原煤产量分别?.86亿吨?.79亿吨?.87亿吨。同Ӟh也出C较大的上涨,陕西榆林地区部分煤种的h(hun)g8月䆾?10?吨上涨到?00?吨,h在一个月内翻了一番还多。这对煤炭股来说是一个重大的利好Q煤炭股的行情也p然会风v云涌?BR> 
 

    煤炭板块的整体业l不错。在2005q半q报表明Q?3家煤炭上市公司实现净利润43.8亿元Q同比增?0.88%Q^均每股收益ؓ0.52元,同比增长38.11%Q净资收益率ؓ11.88%Q同比增长ؓ25.75%Q其中有7家公司发布了3季度业W增长50%以上的预增公告。三季度开始的大涨P使得q终业W会更好?/FONT>

    目前两市煤炭股的市盈率水q不?0倍,很多股票只有几倍。如果再考虑q_10?的对P两市煤炭股的q_市盈市将降至6倍左叟뀂而美国煤炭上市公司的q_动态市盈率?3.86倍和香港股市同类公司的^均动态市盈率?0.13倍。相比较而言Q我们的煤炭股的优势是相当明昄?/FONT>

   G金牛Q就是一只h(hun)D严重低估的煤炭股。煤炭储量高?.27亿吨Q且主要是优质焦煤,产品?5%供应宝钢、邯钢、武钢等国内重点大型企业。今q前三季度业ll预增,预计实现的净利润远过d全年。随着煤炭h再度显著回升Q该公司利润q会加速增ѝ公司近来又讄了两个公司:张家口塞北金牛能源有限公司和通辽市扎鲁特金牛矿业有限公司Q将极大增加煤炭储量、扩大生产规模、提升公司的竞争力。公司的动态市盈率不6倍,q是隑־的投资机会?/FONT>

    我们看到Q国外机构进入中国首先抢的都是资源类公司股票。煤炭是不可再生的资源,一定是QFII们的

    首选行业。象G金牛q样矿质量好、业l增长快、市盈率极低的股一定是QFII们首选的投资品种。只是由于股改了Q盘子略大了一点,现在h被打得严重低于h(hun)倹{国外有眼光的投资者已l进入,只要市盈率回?2倍这样一个还不算高的水^Q其hpM番?/FONT>

    q来Q国x能、神火股份、兰q创、山西焦化等煤炭股已l出C大幅上扬Q这只是煤炭板块行情的开始。昨日基金重仓股的急跌Q也许就是基金们卛_反攻的最后时刅R找Ch(hun)D低估得最严重的股,也就扑ֈ了基金们卛_举有大旗。徏议积极介入G金牛q一路中长线持有Qn受h(hun)值回归的巨大乐趣?/FONT>

  邓汉?nbsp;   天勤证券  
 



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