Chapter 823: When Is the Stock Market an ATM?

"BOE refinancing 40 billion?"

"My eyes are right. ”

"I'm grass, BOE is crazy. ”

Previously, BOE has been rated by many experts as the top ten garbage stocks in A-shares.

The reasons for the garbage will not be detailed.

But they never thought that there was no most garbage, only more garbage.

How long has it been since the 20 billion financing, has it been two months, or is it just over a month?

He actually started financing again.

Moreover, the amount of financing has now doubled from before, reaching 40 billion.

Is this when the stock market is an ATM?

"I bought BOE when I was blind. ”

"Oh my God, why would I buy BOE, why?"

"I should have known, I should have known. ”

It is not the retail investors who are devastated, but the institutional investors.

They themselves have cleared out BOE's stock.

But they also have times when they look away.

Recently, super TVs have been selling well, and BOE's stock has also risen.

In particular, I learned that it was Huanyu Technology that was behind the operation.

A group of institutions were moved, and they entered BOE again.

But where did they think?

They had just laid it out, and in the blink of an eye, a huge pit was waiting for them.

40 billion.

40 billion financing.

Where is this financing, it is simply a stock listing.

No, he needed more money than a normal stock listing.

After all, many stocks are listed and it seems that the market value has exceeded tens of billions, how many billions.

But in many cases, these stocks only raise billions or tens of billions, and not all of them are exchanged for money.

40 billion, such a huge amount of financing is simply like a super bank stock.

And if you add the previous 20 billion financing, BOE can be called the company with the most financing this year.

In this way, the scale of enterprises that can raise so much should exceed hundreds of billions, or even trillions.

But you can't imagine that BOE is a company with a scale of only tens of billions.

And this tens of billions of dollars is also financed by them.

All right.

It's not incomprehensible.

Let's put it simply.

That is, this girl itself has no money at all, and the reason why the scale is so large is that it is all borrowed from others.

Because the borrowed money is tens of billions, it is only tens of billions.

Do you dare to imagine that this is BOE's expansion model?

For BOE's shameless financing, a group of institutional investors are naturally not convinced.

They have reacted to the top, hoping that the top can investigate BOE.

Of course, it's not just these institutional investors who are unconvinced.

Some media and some experts also believe that BOE has gone too far.

Since it is a listed company, it should have the appearance of a listed company and the responsibility of a listed company.

You can't just think about yourself and ignore other shareholders.

Under all kinds of pressure, in the end, the head of the witness meeting met with Wang Dongsheng, the person in charge of BOE.

For the arrival of the above, Wang Dongsheng is also a human spirit.

First of all, he introduced the global LCD screen market and said that this market is like this.

It's not that BOE intends to keep financing, but that BOE can only die if it doesn't finance.

Subsequently, Wang Dongsheng also took the first group of people to the BOE production line.

The LCD panel itself is an electronics manufacturing industry, and it is also a labor-intensive industry.

One production line can solve the employment of at least 4,000 people.

Moreover, BOE has not only invested in one production line.

The sum of several production lines is the employment problem of tens of thousands of people.

If BOE dies, the funds invested before will be lost, and these tens of thousands of people will also be unemployed.

Get.

How else can I investigate.

Didn't BOE just raise some more money?

And they are not for themselves, but completely for the country, for the society, and for the entire domestic LCD panel industry.

Of course, there is something lofty about this, and those who don't know think it's false.

But after the real investigation, you will find that it is true.

In fact, Chen Yu didn't want to make money when he engaged in BOE.

Not only did he not make money, but Chen Yu also posted tens of billions of dollars.

In addition, Chen Yu doesn't care much about BOE's shares.

If he cared, he wouldn't keep raising money in the stock market again and again.

He only hopes to use the stock market as a channel to raise the funds he deserves.

Only in this way can BOE have the strength of a long and short term with Samsung in the future.

As for what now looks like Universal Technology has won Samsung, that's just a lie.

The real strength, Huanyu Technology, BOE, will be shattered with one blow.

Like, at this time, what if Samsung prohibits the sale of 45-inch LCD screens to Huanyu Technology?

This can be said to be a catastrophe.

After flipping through the investigation, the people in charge left here.

On the same day, the witness meeting issued an announcement, indicating that BOE did not violate the rules.

The results of this survey have infuriated a number of institutional investors.

They wanted to talk to Chen Yu, the actual person in charge of BOE, in person.

However, Chen Yu chose to avoid it.

As for the reason, it's nothing.

Chen Yu has nothing to talk to these institutional investors.

Besides, it has nothing to do with them whether BOE finances or not.

It's just that in the A-share market, these institutions are very strong, and many times a number of listed companies need to cooperate with them.

But Chen Yu didn't cooperate.

It has nothing to do with how these institutional investors like to operate and how to operate.

"What's the matter, Chen Yu still chooses not to see?"

"Almost, Wang Dongsheng has seen it, but this guy is a good person, and he has always said that although BOE is managed by him, the actual controller is Chen Yu, and he can't be the master. ”

"He's trying to trap us?"

"Possibly. ”

"This bastard, I'm his ancestor. ”

A group of fund company managers scolded.

They have been in the stock market for so long, when have they been treated like this.

"Damn, then we'll hit his stock price to the lowest and see how he can issue new shares. ”

"Yes, 40 billion financing, this is not a small amount, as long as we hit his stock price to the freezing point, they don't want to issue more. ”

"However, we also lose a lot of money in this way. ”

"What can I do, I can't be trapped by him. ”

"Besides, we can also suppress the stock price first and then negotiate with them. While fighting, talk about ......"

"It's a good idea. ”

Fund managers are not good either.

Besides, they are only the heads of the funds, and in principle, these funds are not their money.

Whether it is a profit or a loss, they also get paid.

Of course, if earned, their winnings will be more.

It's just that when they encounter a shameless listed company like BOE, they really can't think of any way.

The only way is to lower his additional offering price and let their additional issuance go bankrupt.

This down-selling stock price is not the same as the previous stock split.

Although the stock price of the stock split has become lower, the number of shares has increased, and the shareholding ratio has remained unchanged.

Even if the stock price is low, he will not affect Chen Yu's control.

But now it is an additional issuance, so the higher the stock price, the more beneficial it is for the major shareholders.

It's also very simple.

Because the additional issuance itself is calculated according to the stock price.

If BOE's shares are 10 yuan a share, and an additional 40 billion is to be issued, then 4 billion shares will be issued.

However, if BOE's current price is not 10 yuan, but falls to 5 yuan, then he will have to issue 8 billion shares.

The more shares issued, the more the shares of the majority shareholders are diluted.

If you are ruthless and beat BOE's shares to a few cents, BOE will have no need for additional issuance.

Because if this is an additional issuance, I am afraid that the shares of the major shareholders will have to be diluted into several points.

If you're not careful, control can be taken over by someone else.

Therefore, this is why basically most of the listed companies have a good relationship with institutional investors.

Otherwise, if these institutional investors do not cooperate, the gains outweigh the losses.

It's also because of this relationship.

So many times, there are some institutional investors who are more aware of the company's internal information.

For example, all of a sudden, the stock price was pulled up by them dramatically.

You think there's no reason, but they don't know that they already have inside information.

Or all of a sudden, the market that was supposed to be good plummeted.

You don't think there's a reason?

Again, they know the news one step in advance.

Just do it.

After a group of fund company leaders discussed.

Immediately, within 1 minute of BOE's opening on the same day, the stock price plummeted and directly hit the fall limit.