1. http://www.zimbio.com/The+Tyler+Group/articles
/pdzAtkgRP6o/Bank+America+Merrill+Lynch+re
duce+development

2. Bank of America Merrill Lynch to reduce the
development of sea-profit measured target price to 6
Bank of America Merrill Lynch report looks at the
development of the ocean police, expected results to your
first half loss, weakly demand, production overcapacity
and high fuel costs together with other factors.

3. The line looks at the local coal shipment business still face
issues, expects second-quarter rebound catastrophe, the
bank lowered the 2012-14 year the firm net income
forecast, 2012-14 net gain of 300 million yuan that will 341
million yuan 1.484 thousand yuan and 1.855 thousand
yuan, supervisor of net income estimate revisions, price
aim for reduced from 7 yuan that will 6 yuan, June e book
ratio of 0.7 times historical numbers of 2012 and 2013
profit on equity forecast.

4. Bank of America Merrill Lynch said of the fact that book
ratio of 0.thirty seven times historic lows, still not up to the
trough in ’08, a 45% discount so that you can attractive
valuations, maintaining some “buy” rating.(M)