Analysis by the prosecution of the case, said little effect GOME – GOME Electrical Appliances, Wong Kwong Yu – household appliances
announcement that was received on February 25 court service units suspected bribery indictment, which, many experts and analysts have said that the incident
States United States
Electrical little effect on its more optimistic about the future holds.
<BR> Announcement said Gome alleged bribery took place the unit in 2006 to 2008, the amount of the total amount of 4.56 million yuan involved in one part. Gome’s preliminary view is that even in the worst cases, will only be punished by a fine, and the amount of its operations and financial position will not produce substantial negative impact.
<BR> Not fall Gome shares rose today. Today’s closing price of 2.48 Hong Kong dollars, against yesterday’s closing price of 2.44 Hong Kong dollar rose 0.04 Hong Kong dollars, or 1.639 percent.
<BR> “We believe that a fine not significantly affect the company’s business, and the subsequent prosecution is clearly possible, but the case will progress in short-term stock price depressed.” Guotai Junan (Hong Kong), said analysts JulieKe ”
Only mentions the suspected insider trading, illegal bribery crimes and units, the first two counts are personal, so we judge by the company and its subsidiaries filed another lawsuit related to the uncertainty has been basically clear. However, Huang Guangyu case into the trial phase and sentencing unknown, This is still an impact on investor confidence, short-term pressure on shares.
<BR> Guotai Junan (Hong Kong) said that for the time being to maintain Gome profit forecast, rating and target price, the current 2009-2011 forecast basic earnings per share 0.102 yuan, 0.119 yuan, and 0.150 yuan, three-year compound growth rate of 22.4%, currently holding Buy rating.
<BR> “The incident would not affect the normal performance of the country the United States.” China
Chamber of Commerce Deputy Secretary-General Lu Renbo on the SAN, “said the case has been 2 years since Huang Guangyu, Gome has taken many measures of risk aversion. This process has dragged on for a long time, the basic risk has been digested. Received the indictment, Announcement, only the normal judicial process. ”
<BR> Lu Renbo Gome’s future development on the cautious optimism, “Gome major work to do now is to improve operational efficiency, close inefficient single-store outlets and enhance profitability.”
<BR> States securities business retail analyst Kim Man-yiu, said on Sina science and technology, “Gome had a series of measures have been taken, and the amount is not large, the case had little effect. Before the crisis management and business reform has been CHEN I verify the management capacity of the current leadership team Gome stable, and experienced, to enhance the reform of single-store level of profitability achieved some success, the country is still great potential for future development of the United States. For the United States for the country, not worse because the worst is over. ”
Birth home appliances small holiday sales, "Indian summer" – GOME Electrical Appliances, refrigerator – appliance industry-hc360 HC
4 4, the first coming in 2009 ignited a clean small appliance store holiday promotions enthusiasm, Guangzhou major appliance stores will launch a large-scale promotional activities to the original relatively quiet April, started to become appliance sales, “Indian summer.” I was informed that the home appliance chain enterprises in Guangzhou for the first Qingming “little vacation” is full of anticipation, the festival as “a small golden week” in packaging, various promotional resources for early release, strive to create a “May 1″ holiday of a new sales “excitement.” “Ching Ming day holiday, not underestimate, for the business, especially home appliance chain enterprises, both test and an opportunity. Should be targeted to introduce the theme promotion, facilitate the purchase of consumer calmly.”
The relevant responsible person said that promotions will begin in April 4, as is the first “mini vacation”, will give special attention to the introduction of more benefits and special models. “Ching Ming Festival this year will be a season.” An industry source said. After the Spring Festival in previous years, entered the home appliance industry sales of up to two months off-season, but after the Spring Festival this year has been not short off-season, in March last year has been substantial growth in sales, which increased the stores do Qingming “little vacation” promotion of confidence. States United States official said, in April has always been the home improvement season, the market demand for the product is much room for kitchen and bathroom, and
, Is now the season of ice wash package relative, because the 3 days in the existence of thermal excursions are also stimulated to a certain extent
Products sales growth ahead. Fact, in the sights of the “Ching Ming Festival to buy appliances,” the business opportunity, Guangzhou, China with the major brand appliances Midland, has been intensively prepared to let promotion plan, scale not less favorable than in previous years, the “Great Golden Week.” According to general manager of Guangzhou high-cluster description of GOME, in preparation for the upcoming Golden Week 2009, the first, early in March, Gome has launched the world’s hundreds of suppliers over the invitation of the major suppliers to this Golden Week sales are also confident. After covering the purchase will attract more than 200 global brands come to discuss the contract, the country’s Jicai advantage in the United States, ample supply, the price drop protection. This purchase will, in addition to operating the store
, Air conditioning, computers, communication, digital,
In nine categories, the same time a large number of large telecommunications value-added products procurement. It is reported that the first procurement marketing, underwriting, new products have customized the balance of 2000, which will be new in the country in April began to the United States, Paradise major store appearance, on April 4, a “big big let off” the theme of the first Golden Week 2009 will be a comprehensive flood gate, the whole an adequate supply of goods.
3 profession in the first quarter performance is still not optimistic about the situation in different home appliances – home appliances, small
Rising prices and the weather this year
Promotion has been delayed than in previous years, air-conditioning production accordingly postponed, if the fluctuations in copper prices and expectations of the weather does not appear in the continuous high temperature, air-conditioning business marketing plan this year will be a greater impact. In addition,
Further strengthen the macro control, the demand for air conditioning greatly inhibited, while exports will be subject to a certain extent the appreciation of RMB. In the first quarter performance of three different sub-sectors Color TV manufacturers in a difficult transition. Upgrading of traditional industries to bring great opportunities, but failed to grasp the pulse of industry enterprises are fatal blow. China’s color TV enterprises not only difficult to share flat
The feast, but the rise of flat-panel TVs CRT TVs give mainly the significant impact of the domestic color TV enterprises. In the first quarter, in addition to an earlier transition to the flat Hisense Electric,
Obtain good growth, other TV makers are going through a difficult transition, efforts to improve the proportion of flat panel TVs is that these companies have to face things, increase the proportion of flat panel TVs means that the resources allocated to the CRT flat panel TV will be turned while the flat TV is not necessarily more profitable than the CRT TV. Big Three air-conditioning industry remain strong. And color TV,
Compared with air-conditioning business in China is more thoroughly integrated industry,
Traditional three-strong market share of over 45%, but also constantly growing. Although the air conditioning industry in the first quarter is traditionally the low season, but the air conditioning industry made great gains in exports, especially exports to North America, very productive, resulting in the first quarter of the traditional Big Three have achieved good results, increasing both in digit. The general increase in gross profit margin of small household appliances, to the good performance. In the first quarter, three small plates of small home appliances companies have achieved good results, mainly because gross margins have different levels of growth, the growth mechanism is different. Vantage Supor shares and the increase was due to the high-end product mix and raw materials to promote the transformation of the product price increases; and BDO Runda growth was mainly due to raw material in steel prices have fallen over the previous year. Three events appliances trend China’s color TV enterprises face the European Union
Overall not significant. 3 31, respectively, the EU Council of Ministers and the EC issued an official notice to remove and 7 color TV manufacturers in China (Haier, Hisense, Konka,
, Skyworth, Xiamen Overseas Chinese,
) The price of commitment and also to restore anti-dumping duties. The EU initially in 1988 and 1992, respectively, large color TV in China from launching anti-dumping investigations. December 2, 1998, after review by the European Union on China TV exports to the EU tax harmonization 44.6% anti-dumping duty, resulting in a period of time China’s TV exports to the EU basically been closed. As the anti-dumping only for CRT products, and has produced negative effects in 1998, totaling 400,000 units of export quota has been closed market. TCL Thomson currently has a manufacturing base in Europe, the Czech Republic put into production base of Changhong, other companies such as Konka, Hisense, Haier have set up a machine in Europe, base assembly, bulk export of anti-dumping is not the way out. Hisense, Xiamen Overseas Chinese and other export products strive to focus on new anti-dumping restrictions against flat color TV, color TV enterprises in China therefore little effect on the export market as a whole. HD
Standards will be implemented, market behavior will be standardized. Include LCD, plasma, LCD rear projection, LCD front projection, rear projection cathode ray tubes, cathode ray tube display six high-definition digital TV standard published by the Ministry of Information Industry, there were also released terminology and test methods, interface, set-top boxes, machine card separation of a total of 25 associated with the digital television industry voluntary standards. Learned on the series of standard-definition displays indicators relating to “digital TV LCD rear projection display
Norm “of six criteria for the transition period, in January 1, 2007 come into effect, the rest of the standard since March 31, 2007 come into effect. Currently on the market “HD” TV concept of fuzzy, manufacturers claim their products are any high-definition, flat-panel high-definition and standard specified above the required 720, CRT above the required 620. The series of standards published to help regulate the market behavior and promote the healthy development of digital television industry. Copper prices continued to rise, air conditioning, gas price increases with a brewing company. Since 2003, copper prices continued to rise, especially since this year in April, rising copper prices is accelerating the trend, the current price has more than 80,000 / ton, due to
About 1-1.5 kg of copper, while the air-conditioning machine with about 10 kg of copper, copper prices rising cost pressures intensified air-conditioning business. Air-conditioning business brewing group prices 3-15%, but prices are double-edged sword, in the real estate climate control and have a greater negative impact on demand, the prices of the market behavior may not be able to schedule