[scroll] monitor display TERA CD-key [scroll] monitor display - NZBK

Development of South China Sea gas holdings of assets into strength improvement rating Event: June 7, 2012, the company released the motion on Foshan South China Sea gas development company Ltd to increase capital. Capital increase motion: South Sea development investment 220.5575 million yuan in cash on gas development company for capital increase and share, Nanhai, Foshan City, Nanhai City Foshan City gas company and construction investments limited agree to waive participation in the capital increase, Capital increase and the South China Sea after developing stake rose from 25% per cent, other two stakes are the 30%. Comment: gas business gradually into listed companies Diablo 3 gold, public utilities development be integrated into South Sea area of South China Sea platform. The beginning of 2012, the company acquired 25% shares in gas development, began to inject pace into the gas business. According to the company, Foshan City TERA CD-key, NanhaiPublic assets management office to sign the agreement on strategy development, gas shareholders within two years after the development of the company through a capital increase or equity, bringing the company's stake in gas development to more than 51%. Now the company plans to increase the capital stock to raise the stakes on development of gas to the 40%, the successor is expected to gradually increase to more than 51%. Development of South China Sea and gasPublic finance control development belong to the South China Sea area, Nanhai district the capital injection is public owned assets, by pumping gas business gradually into listed companies, South Sea development is building a set of water supply, gas supply, sewage treatment, solid waste treatment and processing of integrated utility platform, significantly improve comprehensive competitiveness of company culture. Profit forecasts increased performance in 2012 0.014 Yuan, maintained "overweight" rating. Annual net profit of around 100 million dollars for gas development, after the capital increase completed, South Sea development 2012 EPS is expected to be increased $ 0.014, 2013 and 2014, thickened $ 0.03 EPS respectively, raised 2012/2013/2014 year earnings per share of $ 0.42/0.47/0.55 of the company, 7.06 seventeen-fifteenths/times shares corresponds to earnings, respectively. Maintain "outperform" rating. 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