ZOOMLION: for 4 yuan, Hong Kong stocks crescendo
ZOOMLION in Germany Munich BMW exhibition with innovative products to bring advantages of Bo eyeball, become the European machinery industry market cannot be ignored in the wind. Now, in the efforts in the Hong Kong stock is not resigned to playing second fiddle.
Zoomlion earlier announced at the end of December last year for annual results, net profit 83 million 460 thousand yuan (RMB, same below), down 85%; earnings per share 0.01 yuan; a final dividend of 15 points, 5 points over the same period last year increased 3 times.
During the period, the turnover was 20 billion 753 million yuan, down 19.72% on the yearly basis, because the market demand continued to slump and the company continued to implement tight sales policy. Gross profit was 5 billion 607 million yuan, down by 22.22% on the annual basis, and gross profit rate decreased from 27.89% to 27.02%, mainly due to the change of product structure.
Hong Kong shares still fluctuated sharply yesterday, while the bill still rose 70 points, the market investment atmosphere improved, and the stock of the stock was also concentrated. ZOOMLION (1157) last goodbye, 3.06 yuan, up 0.25 yuan or 8.9%, to deal with 45 million 700 thousand yuan. After yesterday's sharp rise, the stock has recovered several important averages in one fell swoop, while the combinatorial arrangement has also been strong. Its rebound momentum has been reproduced.
Although in the last year a major setback, but because of the end of September last year, the first three quarters has recorded a loss of 520 million yuan in the fourth quarter before recovering to the landless, and recorded on the market in terms of revenue, has been considered to be accountable. It also reflects that as the mainland's real estate market is getting warmer and many infrastructure projects are gradually implemented, the utilization rate of construction machinery and heavy trucks has recovered, which will help to improve the business performance of the group.
Additional special interest purchase Terex provoking longing
Terex is located in the United States, is a hoisting and material handling equipment manufacturing enterprise, its products include aerial work platform, construction machinery, etc., is known as the world's third largest construction machinery manufacturer.
The latest trend is that the group will raise the price of the acquisition of Terex, the American crane maker, to deal with the latter's merger proposal with the Finland Konecranes. It is reported that the China Federation will maintain the 30 yuan per share purchase price, but once the Terex shareholders agree to acquire the company, they will receive a special dividend of 1 dollars per share, so that the cost per share will be raised to 31 dollars in a disguised way, and the total cost will increase from 3 billion 300 million to more than 3 billion 400 million dollars. The acquisition is yet to be approved by the Foreign Investment Committee of the United States.
On the other hand, the group has actively engaged in mergers and acquisitions for many years, and has acquired a number of overseas enterprises, including German M-TEC and Holland RAXTAR. At the end of last year to acquire 75% stake in Italy LADURNER, the latter is Europe's leading environmental and renewable energy solutions provider and a full range of investment operators, the successful acquisition of material will help the group to improve their technical level, to enhance the competitiveness of the industry will also be of great advantage.
ZOOMLION is speeding up its internationalization. Under the slowdown in mainland demand, overseas business is expected to improve its future profit motivation. In the short term, the price of 3.32 Hong Kong dollars will be moved to HK $4.
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