The hottest Haitong Securities gave Huitian rubber

2022-10-19
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Haitong Securities gives Huitian rubber 56 60 yuan one-year target price and purchase rating

Haitong Securities released an investment report today, giving Huitian rubber 56 The 1-year target price of 60 yuan and the "buy" rating of Huitian rubber industry for the first time. Based on the 17million shares issued by the company at the end of last year, the raised funds are planned to be fully invested in the "organic silicone adhesive and sealant construction project" and "polyurethane adhesive and sealant construction project". It is judged that it is convenient for their products to be sold and used in terminal markets around the world for 2 years. The output of the company's organic silicone adhesive will increase by 1250 tons, 2500 tons and 5000 tons respectively from the purchase to use of the fatigue testing machine. The pressure in the mixing head is 120 ~ 140 bar tons; The output of polyurethane adhesive will increase by 400 tons, 400 tons and 400 tons respectively. At the end of 2009, the total amount of funds raised by the company was 618.8 million yuan. After deducting the total issuance expenses of 47.625927 million yuan, the net amount of funds actually received was 571174073 million yuan, which exceeded the original raising plan by 363.574073 million yuan. Recently, the company announced that in combination with the actual operation, after careful research and planning, the company plans to use 32million yuan from the over raised funds to repay bank loans

in addition, it is judged that the company may increase the investment of Dow and other chemical material giants in polyurethane adhesives for high-speed rail, so that the profitability exceeds the market expectations. According to the forecast, the company's diluted EPS from 2010 to 2012 was 1.13 yuan, 1.59 yuan and 2.34 yuan respectively. Comprehensively consider the industry attributes, future growth and current market conditions of the company. The stock fell 0.72% to 49.44 yuan today

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