Cause the magnesy neodymowe company to explosive growth

Thin film solar projects are likely to cause the magnesy neodymowe company to explosive growth. The project is currently the world a new material projects, solar energy conversion rate of about 8%,magnesy neodymowe lower than the silicon conversion rate of 15%, but this product is the production cost per MW of monocrystalline silicon 2/3, has a price advantage. If the project is successful,magnesy neodymowe the future will likely become part of the core competitiveness.

Earnings forecasts and investment advice. In 2007, the company kept slightly faster than the 2006 growth rate, in 2008 the company entered a rapid development cycle begins,magnesy neodymowe as the company has a powerful technical strength, a huge space for future development. We expect the company in 2007, 2008, 2009 earnings per share were 0.34 yuan, 0.78 yuan, 1.14 yuan, our long-term bullish on the company, we have integrated DCF, PE and PB valuation results, that the company's reasonable price of 22.21 million,magnesy neodymowe giving the company "overweight" rating.

Major uncertainties. Company issuing the project put into production,magnesy neodymowe uncertainty of production time, production and sales of cardiovascular stents issuance of permits indefinite period of time, thin film solar cell project co-existence of uncertainty.