2013-09-23

QE does not exit, the probability of Taiwan dollar appreciation is high, some textile stocks with assets and land and factories have entered substantial development, under the concept of value preservation and potential entry interests, the short-term stock price of these asset-based textile stocks is expected to become the focus due to the strong willingness of the market to chase prices.
At present, the spinning fiber stock, the land plant has entered the substantive development of Far East New (1402), Guangfeng (1416), Nanfang (1440); Those with land to be developed are represented by Xinfang (1419), Taroko (1432) and Nandye (1410).
It is praised by Xu Xudong, chairman of the group, as a great company and wonderful company, with 560,000 square meters of land in Taiwan, including 200,000 square meters of land such as Banqiao factory into Taipei Far East Communication Park.
The market estimates that the value of the new land assets in the Far East at market price exceeds $110 billion, which translates to a net value per share of $22, and the room for asset appreciation is even more considerable if development benefits are added.
Nanfang’s textile industry has grown profitably this year, but in recent years, Nanfang will produce substantial profit growth, which will be the development of land assets in Tainan Dream Era; Nanfang “Dream Era”, which has a total area of 21,700 pyeongs for commercial buildings, is expected to open in the third quarter of 2014 with an estimated annual rental income of NT$ 300 million in rental income for the first phase of the 8,000-pyeong complex shopping mall with a glow ceremony in September.
In the second phase of Dream Era, there is still 50,000 square floors of residential land that can be developed, with an estimated total sales amount of NT$ 25 billion; In addition, there are 4,200 tsubo-capable five-star tourist hotels and shopping malls.
According to market rough estimates, the sales or lease of residences and restaurants around Nanfang Dream Era, net of land costs and construction costs, will bring at least 150~20 billion profits to Nanfang.
In the past one or two years, the market price of Taoyuan housing has risen, and Guangfeng has recorded a net profit of NT$ 1.103 billion after tax last year due to the launch of “Guangfeng Big Town” and other construction projects, and the earnings per share rushed to NT$ 3.09 , a new high in nearly 10 years.
Taroko Fiber actively transforms the layout of commercial real estate, with an investment of 4 billion yuan in the first phase, combined with shopping, leisure, catering, sports, go-kart racing and amusement parks in Kaohsiung “Taroko Caoya Road” shopping center, which is expected to start construction in the first quarter of next year and open in the fourth quarter of 2015.
The legal person pointed out that textile stocks developed by holding high assets, under the high degree of market recognition, the stock price is easy to rise and fall compared with traditional textile stocks; Among them, Nanfang’s stock price has risen by 13% this year, and Daluge has risen by 111.28% this year.
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