Bowling Po (002286) needs the fuse has been lit

 First Capital analysts released research report that the products are mainly Bowling Po corn as raw materials, including ordinary starch sugar, fructose syrup, erythritol, Isomaltooligosaccharide, fructooligosaccharides, in addition to oligomeric isomaltose, fructose oligosaccharides to benefit from the rapid development of industry, the syrup is the best alternative to white sugar, the sweetness of its cost per ton lower than sucrose nearly 3,000 yuan, the current Coca-Cola, Pepsi-Cola with fruit almost all Portugal syrup, part of the domestic soft drink companies have started to use white sugar. The company has 50,000 tons Isomaltooligosaccharide production capacity, annual production of close to 40,000 tons in 2009, nearly 70% market share, accounting for 55% of the oligosaccharides industry, in an absolutely leading position. 2011 New Year's Day before, the listed items to raise annual output of 10,000 tons fructooligosaccharides put into operation, and fructose segments Quantum Hi-Tech is currently the main competitor capacity of 9,000 tons, the new capacity of 10,000 tons can be built in 2013, which Bowling treasure left to the huge development space for the process of rapid development in the oligosaccharides benefit the most. By the recent high and volatile raw material prices affect the sugar, the company gross profit from a low fructose, with the price of sugar fell gradually increase gross margins, profitability will continue to release.
2010-2012 the company expects EPS of 0.48 yuan, 0.96 yuan and 1.33 yuan, the corresponding PE50 times, 25 times, 18 times. Oligosaccharides with demand, performance of the company continued to grow within the next 12 months a reasonable price range should be 38-43 dollars, to maintain