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一直走强煤炭板块,近期出乎市场意料出现了急促的调整,山西焦化、西山煤电、兖州煤业等煤炭个股均出现了明显的回落,那么煤炭股的上升走势是否就此划上句号?总体上看,煤炭行业基本面的向好主要是受到煤价上涨因素的影响,由于支持煤价走强的因素明确存在,因此未来一段时间,煤炭行业将继续走强。从二级市场来看,业绩是支持股价走高的重要因素,由于煤炭个股的业绩还没有达到顶峰,2004年业绩仍将保持高速增长,因此初步推算至少到2005年上半年,二级市场价格还将进一步推高。对于前期涨幅过高的个股短期出现回落难免;但对于升幅不大,业绩大幅提升的个股需要重点关注。
Has been strong coal sector, the recent out of the market expected a sharp adjustment, Shanxi Coking, Xishan Coal, Yanzhou Coal and other coal stocks have shown a significant decline, then the upward trend of coal stocks whether this is the end? Overall Look, the better the fundamentals of the coal industry is mainly affected by rising coal prices, due to support for coal prices strengthened the existence of a clear element, so the next period of time, the coal industry will continue to strengthen. From the secondary market point of view, the performance is an important factor in supporting the higher share price. As the performance of coal stocks has not yet peaked, the performance in 2004 will maintain its rapid growth. Therefore, it is initially estimated that at least the first half of 2005 will have a secondary market price Will push up further. Short-term decline in stocks for the previous period is too high inevitable; but for the small increase, a substantial increase in performance need to focus on the stock.