Binzhou Piston

 Through the disk of today, we can see are the two led the automotive and consumer focus. On China's automotive industry, although the competition has been very intense, but the historical development of the market is only more than ten years, with more than 10 for a million-strong population, the auto industry is actually growing, the future has a broad development space and the market, it is worth the automotive industry and long-term good. Today, Shanghai Automotive, China's heavy truck, were reported income limit Changan Automobile, which is expected to drive the company car sector, including automobile parts continue to be strong. We are optimistic about Binzhou Piston, the company is the market leader in the piston, the current domestic market share of over 40% of the host, the host Pistons truck market share 60%, with decline in alumina prices of major raw materials and automotive industry, companies operating the turning point this year is expected. The company's fundamentals of this qualitative change may appear, there are many brokerage concern. 2007m2008 year for the company's earnings per share, Guotai Junan Securities Research Institute forecast is 0.87 yuan, 0.99 yuan, the National Institute of gold securities that can be 0.82 yuan and 1.0 yuan, the stock price-earnings ratio was calculated only 11m13 times, such a low valuation is now very rare, not to mention the total share capital of only 108 million shares, book value is only 2 times. see, Binzhou Piston is a rare performance of the explosive growth expected to occur in growth stocks.