Buffett's stake in Asda Coatings Systems A-share paint concept is expected to follow

: Buffett's Berkshire has agreed with Carlyle to buy 8.7 per cent of the latter's shares in Astra
Coatings
Systems.
, Carlyle currently owns 74.1 per cent of Asda, according to FactSet, and the private equity firm recently announced that it would reduce its stake by 40m shares through the secondary market. Asda was up 5.37 per cent in pre-market trading.
said it would sell 20 million shares of Asda to Berkshire's berkshire-owned company for $28 a share, just below Monday's closing price of $28.33. Berkshire will become the second largest shareholder.
analysis that Buffett shot paint stocks, A-share paint concept is expected to follow the trend, after the market can pay attention to Shen Jian shares (8.31 suspension, consulting), Jin Litai, Yu Three Gorges A and so on.
Sing Jian shares
company for the largest
powder coatings
dedicated polyester resin production enterprises, with an annual output of 95,000 tons of polyester resin production capacity, the company polyester resin products for a long time for the world's leading paint supplier AkzoNobel, as well as Haier, Gree, Samsung, LG and other high-end customers to provide supporting services. According to the industry association's forecast, in the next 5 years powder coating polyester resin market demand will exceed 650,000 tons / year. Companies strive to "12th Five-Year Plan" period to achieve polyester resin domestic market share of more than 20%, sales revenue of about 3 billion yuan business objectives.
JinLitai
company's main electrophoresis
water-based coatings
, electrophoresis and ceramics and other water-based coatings accounted for more than 70% of the company's total products of various types of coatings. At present, cathode electrophoresis coatings are widely used as automotive body primers, annual sales growth rate of more than 20%, domestic demand of about 793,000 tons. With increasingly stringent environmental requirements and steady growth in automotive production, the agency expects demand for cathode electrophoresis coatings in the automotive industry to grow at least 10 to 15 percent annually. At present, the company's revenue in electrophoresis paint about 75% to 80%, paint about 20%. Company electrophoresis paint in the commercial vehicle market share of more than 40%, paint in the commercial vehicle market share of more than 20%.
three gorges A
company's main
paint
paint production and sales, many times involved in or leading the paint industry standard-setting. With the implementation of the western development strategy, the demand for coatings in Chongqing and surrounding areas is increasing, bringing market opportunities to the company. In addition, the company through increased research and development investment, the development of low-polluting, high-performance water-based coatings and other high-end products.