Chapter 317: Deception and Story (I)
The clever plan was to use two stacks of white paper to successfully turn losses into profits. Pen ~ fun ~ pavilion www.biquge.info
It's quite dramatic to say, three tips and three steps.
First, the public company signed a contract. The company has a loan of 200 million yuan in the bank. After negotiations between the secretary of the board of directors of the listed company and the person in charge of the bank, the two sides reached an agreement.
As for the content of this agreement, it must be strange in the eyes of ordinary people.
The listed company has a loan of 200 million yuan in the bank, and part of the real estate with a book value of 50 million yuan will be repaid at a price of 200 million yuan. As for the value of the property itself, the ups and downs of housing prices on the land of China are not considered for the time being. Anyway, the loan will be repaid with the property first.
The second tip is to sign another contract with the bank. The company signs a purchase agreement with the bank. The price is still 200 million, and all the properties mortgaged to the bank are repurchased, of course, the house payment needs to be owed to the bank for the time being.
This one in and one out, it seems very strange, but the company has achieved a turnaround!
Is that okay? Yes! Yes, it does.
The third tip is to use the real estate with a book value of 50 million to repay a loan of 200 million yuan and obtain an additional income of 100 million. These revenues are displayed directly in the profit list of the listed company.
In the list of profits that everyone sees, it is the profit minus the 100 million loss caused by the operation of the year, and the profit of 100 million is realized for the whole year.
From losing a small goal, but earning a small goal.
Listed companies turn their hands into clouds, and cover their hands into rain. In this way, the listed company used 200 million yuan to buy back those properties worth 50 million. Guomai's assets are recorded according to the selling price, and the company's assets have also increased by 200 million real estate worth the book amount!
As for the liabilities, if you ignore the transaction costs, the 200 million that was originally owed to the bank is now no more or less 200 million.
After Li Yan heard Yun Ling's words, he understood what Yun Ling wanted to say to himself after a little thought.
In the process of compiling the financial report, there are actually many small tricks that can legally change the company's profits, and there are too many big cats in the F10 that I once relied on......
Just as Li Yan's fingertips were tapping quickly on the keyboard, recording the experience in Yun Ling's story. Yun Ling didn't give Li Yan much time, and he immediately told another story.
There has never been a shortage of big bull stocks in ChinaAMC's capital market. Even in the worst of the year, there are always some different dark horses popping up.
A certain big bull stock can rise more than 60 times in four years. This has been common in the capital market of China in the past!
The revenue of this big bull stock is expected to grow highly, and the profit is even more high. Needless to say, the cash flow is naturally quite excellent, and the chairman is almost worshiped as a god in the Chinese capital market!
Not only the report, but even many individual investors in the market believe that the chairman's judgment in running a business can be described as a big demon. Even many Internet writers have written his story as a rebirth, a crossover, and a big loser system.
This company is thinking of reaching or even exceeding its business goals, and the secretary of the board of directors of the listed company is regarded as the "first secretary in the world".
For this listed company, the research reports are flying all over the sky. Or, if there is no company in the recommended stock in a research report, this research report will be directly cut off by the leadership at the beginning of the issuance, and you will add: *** You don't recommend it, are you stupid?
The obvious big white horse, the stock price trend proves the judgment. Every pullback has made individual investors develop a habit, that is, buy, buy, buy!
Every pullback is treated as an opportunity to buy!
But what does the reality look like?
This big bull stock landed on the secondary market in the IPO, and he began to falsify from the first day of listing and trading.
Li Yan was stunned when he heard Yun Ling's words, and even the hand that was tapping the keyboard was hanging on the keyboard. In his mind, Li Yan vaguely knew which listed company Yun Ling was talking about.
The approximate process of cost is simple.
First of all, when it was restructured into a joint-stock company, the listed company borrowed money and operated outside the company, and ate nearly 20 million shares at a price of 1.5 yuan.
Then, in three years, the company successfully landed on the main board market of China. The stock price closed at $18 per share. Nearly 20 million shares are not in institutional trading accounts, but in the accounts of dozens of individual investors, which, of course, are controlled by a handful of executives.
In the days that followed, the listed company invested 700 million yuan into these accounts and bought these chips.
Why?
The company put forward the planned revenue and profit for the year, and released a high-growth profit report of more than 50%, and these chips naturally rose sharply!
After the price went up, the person in charge of finance calculated the difference between the planned income, Liu Run, and the actual amount. The sales department prepares contracts and invoices as needed. The securities department sells the chips in the personal account according to the amount of income required. and remitted to a shell company according to the capital opening.
The division of labor is clear step by step, and the plan is rigorous step by step. At every step, a dedicated person in charge is involved.
At this time, the shell company will personally sign the required contract with the company, or transfer the money into the company's cooperative customers in the spin-off. The customer signs the demand contract and transfers the corresponding amount into the account of the listed company.
In this process, all the movements of the left hand for the right hand are completed.
What is this important role of the bank doing?
Provide incoming bills and statements. The accounting firm issues a financial audit report. Listed companies release these financial reports to deliver good and even climactic operating results. Major brokerages have released research reports on various smugglers.
The media is building momentum, and the water army is sought after. The stock price continues to soar in such a cycle.
The company gave away shares, allotments, and high-priced financing in the long red along the way. The dealer rat warehouse is also actively looking for opportunities to make a profit!
Of course, there are natural ups and downs. In the next year, when the stock price is at a low point, the account controlled by the securities department will buy the company's chips, and then the stock market above will repeat!
The poison of wealth can make people addictive, even if they know that it is a poison, the addicted person will devour this poison like crazy!
When the poison is issued, no one would have thought that the company has made billions of profits in the operation of chips. And about three-quarters of this wealth is made into the company's main revenue. The big white horse that is constantly growing and vacating has completed four financings.
After a lot of chicken feathers, it is an investor who is covered in bruises.
In this kind of fraud, each contract has a corresponding cash inflow, and the financial surface data is perfect. If you don't know the company's position in the industry and the market share of your products, you don't know how to compare the gross profit margin, net profit margin and tax data in the financial report with competitors in the same industry. So how is it possible not to be stabbed?