Chapter 504 Killing Eight Hundred, Losing Three Thousand Yourself

After Hu Yang and others returned from Xiangjiang, three days passed.

During this period, the board of directors of Mingkang Communications repeatedly discussed the profit distribution plan for the previous year proposed by Hu Yang and Gao Mingkang, and finally chose a compromise method.

The company's profit distribution in the previous year was HK$1 for every 10 shares. In other words, the company only paid a small nominal dividend.

At the same time, the plan for a large proportion of shares was temporarily cancelled.

Originally, Hu Yang put forward a proposal of 10 free 10, but Lu Yali was worried that the company's total share capital would grow too fast and the owner's equity would be too diluted, which would affect the company's image.

Hu Yang thought about it for a while, and her worries were not unreasonable, so she temporarily reserved her opinion.

"Mr. Hu, Mr. Lu, my idea is that we should take this opportunity to issue 10 billion Hong Kong dollars of convertible bonds, and the conversion price can be set at 35 Hong Kong dollars. ”

Gao Mingkang can understand the strategic intention of Populus euphratica, since it is not feasible to give a large proportion of shares for the time being, then take this opportunity to raise more funds.

"Well, I agree with Mr. Gao's suggestion. In addition, the company can significantly increase the annual R&D expenses. In this way, we have sacrificed profits in the next two or three years, but laid a solid foundation for the long-term development of the company. ”

The main purpose of Populus euphratica is to stabilize the stock price as much as possible, but according to the current market, it is difficult to do without some substantial negative news.

Lu Yali also nodded and said, "I also agree with this suggestion." Mr. Hu, I don't agree with a large proportion of shares, because I think it is not easy to weigh the advantages and disadvantages of this method. The increase in R&D expenses is a short-term negative, but it is a long-term positive. ”

The three major shareholders of Mingkang Communications reached an agreement, which is equivalent to the formation of a board resolution.

Immediately, Mingkang Communications issued an announcement saying:

The company's profit distribution plan for the previous year is to distribute a dividend of HK$1 for every 10 shares.

The company will issue convertible bonds with a size of HK$10 billion. The convertible bonds have a maturity of three years and a conversion price of HK$35.

The company has significantly increased its R&D expenses for the current year, which will increase by 125.6% compared to last year. This fee will have a certain impact on the company's performance this year, and investors are expected to pay attention to investment risks.

The announcement said three things, almost all of which were interpreted by the market as bearish news.

Originally, as of the last trading day, the closing price of Mingkang Communications's stock had exceeded HK$60. But as soon as the announcement was made, its share price fell below HK$55.

By the end of the day, the closing price of Mingkang Communications was HK$54.10, which was a lot lower than the previous trading day.

After the close of the day, many people in the industry began to interpret the announcement of Mingkang Communication.

Most people believe that Mingkang Communications' stingy profit distribution plan, large financing amounts, and unreasonable R&D expenses increase all indicate one thing. That is, Mingkang Communications is ready to bet on the 3G industry, and even at the beginning of 3G, it is ready to gamble.

Everyone knows that after Mingkang Communications has invested huge R&D costs, if it can occupy the high ground of the industry, it goes without saying that the company's future will definitely be promising.

But what if you lose the bet?

Just like the HK$10 billion convertible bond issued by the company, the party contributing has three years. People can wait until the last minute to consider whether to transfer shares. But for ordinary investors, it is certainly not a wise choice to chase high and buy the common shares of Mingkang Communications now.

The day after the announcement.

Mingkang Communications' stock came under tremendous selling pressure, and the stock price soon fell below the important price mark of HK$50.

At this moment, Guo Laosan and Guo Ziyu couldn't sit still, and he immediately called Chu Liang.

"Brother Chu Liang, the trend of Mingkang Communication is not quite right. Our stock price has fallen a little too fast, right? We haven't picked up many cheap chips at the low level, and the buying price is roughly in the line of 50 Hong Kong dollars to 60 Hong Kong dollars, and the average cost price is almost 54 Hong Kong dollars. Now that you've started to lose money, will you lose more and more?"

Chu Liang has also been anxious for the past two days, and he especially can't figure out why Mingkang Communications issued an announcement that looks like "suicidal tendencies".

As an excellent listed company, not only did you not bring good expectations to investors, but you greatly lowered the expectation of earnings, what is this not suicide?

Of course, he wouldn't think that this was Mingkang Communications targeting Guo Ziyu and himself, after all, no company would do anything to kill 800 people and damage 3,000 brains.

"Sanshao, you have also seen that the sudden decline in the share price of Ankang Communications is due to the announcement issued by their company itself. Now this stock has added a lot of uncertainties, but my advice is to wait and see. ”

At present, the price of Mingkang Communication's stock is around 48 Hong Kong dollars, and Guo Ziyu's loss is about 10 percent, which is still within a tolerable range.

"What if it goes down? Don't forget what you said when you encouraged me to make this stock. ”

Strictly speaking, as long as you are involved in the securities market, there must be risks.

Chu Liang planned to raid Mingkang Communications this time, from planning to implementation, it should be said that there was no big problem. It's just that he may be too stable, or he always wants to use shady means to absorb goods at a low level, but he loses the initiative.

After international capital began to intervene in Mingkang Communications, Chu Liang couldn't wait to start chasing up, from 50 Hong Kong dollars to 60 Hong Kong dollars, which greatly raised the cost of holding shares.

However, Chu Liang's response at this time is right, and he must not mess with himself at this time. However, after all, the funds are not his but Guo Ziyu's, and the initiative in the future is not in his hands.

"Sanshao, I suggest that we continue to wait patiently. Isn't there still a large amount of international capital involved in Mingkang Communications? If the other party does not move, we will not move. If the other party starts selling, we can only admit compensation. ”

Chu Liang put his heart on the side and decided to hold on to the end.

He always felt that something was wrong with this announcement from Mingkang Communications, but he couldn't say what was wrong.

"I won't wait too long, if the stock price of Mingkang Communications falls below HK$45, I will definitely stop out. At that time, Brother Chu Liang, don't blame me for not being emotional. ”

Chu Liang also suffered on his own, and in order to get a high return, he instigated Guo Laosan to deal with Populus euphratica. He originally wanted to slowly absorb the shares of Mingkang Communications at a low level, but who knew that international capital suddenly intervened horizontally and quickly pushed up the stock price.

Then he felt that he could take a free ride, and in fact, the stock price of Mingkang Communications was also soaring, and as a result, Mingkang Communications issued a fatal announcement.

"Sanshao, you can't blame me for everything this time, there are really too many accidents. ”

Chu Liang tried his best to defend himself, but Guo Ziyu didn't pay attention to these at all.

Meanwhile.

A photocopy of the announcement issued by Mingkang Communications also appeared on the desk of the president of Gu > Dahua.

"James, don't give me any reason, I just want to ask you, do you think you were wrong about this company in the first place?"

James, who was responsible for the specific implementation of the fund, also did not understand the purpose of the announcement.

"No, no, I don't think I've misread Mingkang Communications. The company's strength in communication equipment and communication terminals is extraordinary, and they have won a large number of base station orders in the domestic market. Moreover, the first 3G mobile phone of Mingkang Communication has been released, and it is said that the response in Europe has been very good.

As for why the other party made this big gamble, I don't understand. In fact, there is no need for the other party to be in such a hurry to press all the chips, just relying on the opponent's 'Pangu system', in this 3G feast, it will not be out at all. ”

In fact, it doesn't take much brain cells to think clearly, once Mingkang Communication wins the bet, it will definitely soar.

"James, do you think they can win?"

The president of Dahua nodded thoughtfully and asked one last question.

"I don't know, but I think that even if Mingkang Telecom loses the bet, it won't hurt much. At most, it will only affect their performance in two or three years. ”

James shrugged, no longer thinking about the reasoning behind the announcement.

"Well, then what else do you have to doubt? James, why don't you take this opportunity to knock down the stock price of Mingkang Communications a little more, and buy it back again?"

The president of Dahua District smiled slightly, closed the folder with a snap, and then threw it over.

James smiled too, he reached for the folder, and said, "That's a great idea, I'll do it right away." ”

After the market opened on this day, the share price of Mingkang Communications had some signs of stabilization at the HK$46 line. But with a huge amount of selling orders, the surging selling orders suddenly poured out like a tide.

HK$45, HK$44, HK$43...... Mingkang Communications' share price lost three small marks in a row.

Guo Ziyu and Chu Liang, who were watching the plate, were instantly blinded by this scene, and Guo Ziyu, who reacted, had an ugly face, and shouted at Chu Liang:

"Hurry up, sell now. Chu Liang, Chu Liang, you killed me. ”

Chu Liang didn't need to analyze carefully, just from the plate, he could determine that this was international capital running away.

At this point, he had nothing to say, so he could only listen to Guo Ziyu's advice and start cutting the meat out.

Fortunately, the share price of Mingkang Communications fell too fast just now, and after a round of fierce selling, the stock price of Mingkang Communication ushered in a small rebound.

Chu Liang took advantage of this opportunity to frantically sell the stocks in his hand.

When the market closed, Chu Liang and Guo Ziyu settled the accounts, and each share of Mingkang Communications lost a full 10 yuan.

In other words, in a short period of time, Guo Ziyu lost almost 500 million Hong Kong dollars.

500 million Hong Kong dollars is not a small amount, even with Guo Ziyu's wealth, he also feels unforgettable pain.

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