Chapter 382: Listening to the News
Chapter 382: Listening to the News
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Lin Hui has been paying attention to the trend of the stock market during this time. Because of the specific object of attention, after careful research, Lin Hui found that the stock of Huaguang Group has changed recently.
According to a data from Southern Securities Company, in the last month of 2006, after deducting the resumption of trading during the stock reform period, the top ten actively traded stocks in Shenzhen and Shanghai, Huaguang Group was on the list, although the stock price has been hovering around 7 yuan per share, and the turnover rate is quite high.
As we all know, since 2006, the performance of Huaguang Group, whose main business is the design, manufacture and sales of household appliances, has fallen to the bottom and can be on the list.
Lin Hui through public information, found that there are a number of funds shuttle through it, the most active are the two new funds last year, holding a total of 10.2 million shares of Huaguang Group, according to the average stock price in the last quarter of 06, the cost is about 7.5 yuan.
For the entry of the fund, a fund person in Shenzhen expressed considerable surprise in the stock market, because since 2006, Huaguang Group has been excluded from the scope of attention of the vast majority of funds, and these two new funds actually dared to increase their positions in the last quarter.
In this regard, the relevant people of the two new funds said that the decision was made after careful study of Huaguang Group, and the specific reasons are inconvenient to disclose. The year-end annual reports from these two new funds show that as of December 31, these two funds have shorted 8.6 million shares of another stock they previously held, and instead increased their positions in Huaguang Group.
Lin Hui also found that in addition to the fund, the seats of several major securities business departments have also appeared on the trading list many times. Guosen Securities Co., Ltd. Shenzhen Jianshe Road Business Department bought 7.8 million shares of Huaguang Group in December, and so far, the business department has reached 13.2 million shares since the beginning of November 2006.
The trading list shows that the frequency of the business department's operation of Huaguang Group is quite amazing, and almost every time the stock changes, it will be listed. In the stock evaluation area, the person in charge of the private equity fund said that such a frequency is in line with the style of floating capital, and the operation of such a concept stock can quickly achieve the purpose of profit.
Other data show that the Hangzhou Business Department of Soochow Securities Co., Ltd., another accumulation place of floating capital, also bought a net of 6.8 million shares of Huaguang Huatuan during this period.
Lin Hui realized that Huaguang Group was going to carry out an equity transfer, and the news of the asset replacement had been learned by well-informed people. Turning back to the previous news and stock commentary, Lin Qiang found that in fact, in 2006, Huaguang Group's "asset restructuring" conjecture has attracted the crazy intervention of many institutions, and also triggered the share price of Huaguang Group to rise as much as 78% from June 13 to July 24, however, in the end, it still failed to resist the sluggish trend of the market, and in early August, the stock staged a sharp decline in several consecutive trading days, and the institutions did not break up.
Until October last year, an announcement of Huaguang Group showed that the second largest shareholder of the group transferred its shares, accounting for 24.13% of the company's total share capital, to the largest shareholder, Qin Xiaohua and their Dongling Industrial Group, the plan has been approved by the State-owned Assets Supervision and Administration Commission of the State Council, and the total shareholding of Dongling Industrial has reached 84%, which once again indicates that Huaguang Group may have a major asset replacement in the future.
Even if it's just an illusion in front of you, the subject of asset swapping is always fascinating. Although there are still uncertainties whether Huaguang Group's asset replacement can obtain the approval of the China Securities Regulatory Commission, the market is already very optimistic about the prospects of its asset swap. On the third trading day after the announcement, Huaguang Group closed at 8.32 yuan, a three-day increase of 14%, and the stock index closed at 2035 points, a slight decrease from 2058 points closed three days ago.
At the end of the year, the increase in positions of institutions and funds reminded Lin Hui that many city companies would choose to issue announcements on major events to suspend trading before the Spring Festival holiday, and he Ma told his brother Lin Qiang about this situation.
Lin Qiang himself really didn't study the stock market, just thinking about speculating with inside information and making some quick money. Lin Hui told him that he had built a position through more than a dozen accounts, with an average cost price of about 6.75 yuan, which cost more than 8 million yuan in total, which was dispersed into multiple accounts and would not attract the attention of the market.
Lin Qiang felt that it was no longer too late, and decided to meet with Qin Xiaohua once and find out the specific news in person. He called Qin Xiaohua and said that he would hold a shareholders' meeting of Guangzhou Gaoqiao Chaopai Caidiao Co., Ltd. to summarize the business situation in 2006 and discuss the dividend plan at the end of the year, so that she and Cao Xu would go to the Chaopai headquarters tomorrow.
Early the next morning, Lin Qiang rushed back to Guangzhou from Yangzhou, and Wen Jie had already made the general report for 2006.
In the past 2006, under the leadership of Lin Qiang, the company still maintained rapid growth, and also expanded its business territory through its subordinate branches. Several shareholders have directly obtained huge returns from real estate agents, Luyang River remediation projects, Yangzhou River sand fields and earthwork projects through Yangzhou Xinchao brand real estate company, while the characteristic commercial street project, hot spring resort restructuring project, villa project, and the golf manor project of overseas Chinese farms have not yet produced direct benefits, but with their shares, the expected income will be even greater.
In the original main business, the painted carved background wall, with half a year of strong sales momentum, through the continuous sales of franchised dealerships and Taobao shops in major cities, plus direct sales to local real estate in Guangzhou and the supply of real estate companies, the performance doubled last year. In addition, Yangzhou's campus-based background wall project has also brought a huge amount of revenue to the company.
In the annual dividend in July 2006, several shareholders received more dividends than the annual dividend in 2005.
Wen Jie took the report and told everyone that up to now, there is still more than 86 million cash flow in the company's account. According to the crisis response plan set by Lin Qiang, the company must maintain a cash flow of more than 30 million yuan in its account to cope with various possible crises and ensure that the company can maintain in a crisis state for half a year. In other words, the company can take out at least 50 million yuan at the end of the year for shareholder dividends and employee incentives.
Wen Jie also said that according to the operation of the real estate company in Fengcheng, the houses that have been bought out by Yushui Mansion and Roman Homes are being promoted, and in addition to paying the rest of the house payment according to the agreement, it will also bring a large amount of cash income to the real estate company. However, Lin Qiang suggested that the money should not be used as dividends, but should be kept in the real estate company, and it will be used for greater purposes next year.
After discussing the operation and dividend plan, as the company's marketing director, Xiaoyan introduced the company's recent business strategy adjustment and next year's development direction. She said that since the transfer of the Fengcheng branch factory, the company has launched a comprehensive strategic cooperation with Foshan Sapphire Company, to the local special dealers and Taobao stores to vigorously promote the latest products such as high-temperature burning, Sapphire Company is responsible for OEM production, and directly from their factory to customers to ship, and packaging, The brand is still the same as the original of the tide brand company, from the perspective of dealers, it is equivalent to the tide brand company itself launched these new products, sapphire company has been the tide brand company's early financial support and follow-up strong sales support, but also successfully expanded production capacity, the two sides have truly achieved a win-win situation.
Lin Qiang said that the new trendy brand real estate company has officially acquired Chen Ran's real estate agency, and is now seizing the time to lay out in Yangzhou and Shenzhen, and will focus on developing the market here in Guangzhou after the Spring Festival. According to his prediction, after next year, the background wall industry will complete a new round of reshuffle, color carving products will gradually be replaced by new products, Guangzhou headquarters here will be overcapacity, to do a good job in the diversion of employees in advance, he plans to divert employees to the real estate company, after the Spring Festival, will be led by Chen Ran, in Guangzhou City to open a number of new stores, need a large number of employees, just can place the workers of the color carving workshop, but the company's marketing department, The e-commerce department still has to maintain the current scale and focus on the marketing of new products.
After the shareholders' meeting, Lin Qiang called Qin Xiaohua to his office alone.
"Sister Hua, has Huaguang Group started the asset replacement procedure?" Lin Qiang asked directly.
Qin Xiaohua glanced at him, "No, where did you hear the news?"
Lin Qiang smiled and said, "I'm just guessing, Huaguang's stock turnover rate has been very high recently, and it is estimated that there are institutions operating frequently in the back." ”
Qin Xiaohua thought for a while and said: "Huaguang Group has not really gone to the asset replacement procedure, but the third extraordinary general meeting of shareholders held in 2006 in the middle of the month has discussed the asset replacement plan, but has not yet been voted on. This is also the first time that Dongling Industrial Company has proposed an asset replacement plan after becoming the major shareholder of the group, with the purpose of introducing more advanced technology to reverse the continuous decline in the company's efficiency. However, it was only proposed to discuss the plan at the extraordinary general meeting of shareholders, and it has not yet been submitted to the CSRC. We are preparing to hold our first extraordinary general meeting of shareholders this year to vote on the proposal. ”
"Thank you, Sister Hua. Lin Qiang said. He didn't ask any more, it was enough to have such information, and he didn't want to make it difficult for Qin Xiaohua, so he quickly changed the topic and said, "Mr. Qian and Lao He have already invested in a super-large plot in Yangzhou, Sister Hua, why don't you go to Yangzhou to take a look?"
Qin Xiaohua sighed and said: "It's almost the end of the year, there are a lot of things in the group, and after the plan is really implemented, our Dongling Company will retreat, I have discussed with several other partners, according to the current situation, Dongling Company has no better room for operation, we will cancel the company after withdrawing from Huaguang Group." ”
"Write off the company, how will the personnel be diverted?" Lin Qiang asked.
"You care about our Mr. Sun, right?" Qin Xiaohua teased, seeing Lin Qiang smiling and silent, he said: "Don't worry, Sun Dan has an ACCA license, and has worked as an investment consultant and financial director in our Dongling Company for many years, and has accumulated a lot of contacts. ”
Lin Qiang also smiled, of course he didn't have to worry about Sun Dan, but since he knew, he thought about at least making a phone call to greet him.