.15 and 1.6 yuan. We believe that early in the company's share price rose sharply and equity incentive of earnings forecast after the introduction of stability, and the market offers performance after the inflection point elastic valuation, the 2011 PE 25 times, in the brand clothing company is in the middle level, the performance of inflection point value the repair of elastic foam market have been the past, given in 2011 30PE valuation, the target price of 34.50 yuan, to maintain the recommended rating. 5, brand valuation repair opportunities present gradually. 1 month brand clothing through the collective fell, we think the reasons are as follows: (1), a high valuation under systemic risk. (2), the influence of lining events. (3), seasonal factors. After the recent baptism, brand clothing company valuations down, in 20-25 times, we believe that gradually into the configuration of the reasonable interval, maintain the textile industry neutral and clothing industry recommend rating. We reaffirm the good news
