Expert Weekly Review: Textile And Garment Industry Management Sedimentation, Pformation Continued Stock Selection

Core view:

1, the maintenance industry recommended prudently.

Our 2015

The overall retail environment is still cautious, and the probability of maintaining single digit growth is large. The channel of e-commerce has returned to normal growth after three consecutive years of rapid development.

At present, it is more difficult to find the target from the main line of growth. It is suggested to seek investment opportunities from the perspective of "management accumulation + pformation and continuity".

Clothing, Hai Lan's home, Fiyta, Weixing shares, fuana, Wales shares, etc. (2) in the context of continuous pformation and lack of fundamental growth, enterprises are actively looking for new growth kinetic energy; they are divided into two categories: one is performance based, the bottom is bottom, and the stock level is effective, such as Roley's home textiles, Lanzi stock and AOKANG international second categories are the companies whose market value has certain margin of security and do not exclude diversified development, such as Jia Xinsi silk, and so on. (3) thematic investment opportunities such as sports, Disney and reform of state-owned enterprises will still be staged in 2015. (1) management accumulation is a company that has a solid foundation and is in line with the development trend of the industry, such as Semir.

2, plate last week performance review.

Last week, the Shanghai Composite Index experienced a U rise and fall, with a slight increase of 1.58%. The spinning and weaving sector showed the same performance, and the total plate fell by 2.01%, and the market lost 1.60%, and the textile home textile decreased by 2.38%.

At the level of individual stock, Jin Feida, the first three company, led by the board, was proposed to increase the acquisition of 100% stake in otco.

ST & amp; San Mao, blue Ting Holdings (asset disposal), leading the top three companies

(alleged market manipulation was announced), Jiaxin silk and China International Group.

Hong Kong stocks, led by Lining, Tianhong textile, and the first three companies led by the company, are mutual textiles, Anta sports and Daphne international.

3, the important announcement and dynamic tracking of the company.

Dynamic tracking - annual strategy: manage the accumulation of high-quality blue chips, pform and continue to explore potential; Pathfinder: 150 million increase the capital to achieve 20% stake, and push forward the pformation of the "outdoor travel integrated service platform"; Chi Mei Group: build a sports industry chain, and build a platform for the operation of sports culture industry.

Investor relations and other notices - Xinye Textile: received 10 million 414 thousand and 300 yuan freight subsidy funds to the arrival to to to reach to to reach to to reach to reach to reach 20% to reached 20% to reached to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reach to reached to reach to reached to reached to reach to reached to reach to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached reached to reached to reached reached to reached to reached to reached reached to reached to reached to reached reached to reached until reached to reached to reached until reached to reached to reached reached to reached to reached reached to reached to reached reached to reached to reached to reached reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to reached to 9597.95-10432.55 million yuan; Kaye Reed: the acquisition of Beijing Huaxia 100 credit Technology Co., Ltd. 10% stock.

4, important data in the industry.

Raw materials: (1) the average price of the 328 spot spot is 13621 yuan / ton (-0.10%); Cotlook A:69.85 cents / pound (+1.60%).

Inside and outside spreads: the average price difference between inside and outside cotton is -100 yuan / ton (35.87%).

Long staple cotton (grade 137): 27600 yuan / ton (0%).

(US PIMA 2 level): 29202 yuan / ton (0%).

USD to RMB exchange rate: 6.2129 (-0.12%) (2) chemical fiber: viscose short 11650 yuan / ton (-0.03%), polyester short 7530 yuan / ton (-3.08%); spandex 20D 56000 yuan / ton (-0.14%), spandex 40D 44500 yuan / ton (-0.04%).

Cotton yarn: 32 pure cotton combed yarn 21355 yuan / ton (-0.51%).

Grey cloth: 32 pure cotton twill 5.96 yuan / M (-0.21%).

(3) gold: upper gold Au100g 238.33 yuan /g (-1.02%), London spot $1182.67 / ounce (-1.58%).