Today's two news estimates make investors somewhat confused.
A loss-making stock, Zhonghong shares, because the transaction price is less than 1 yuan within 20 working days, finally triggered the delisting conditions, although Zhonghong also negotiated with the Shenzhen Stock Exchange, but it has been weak.
In fact, Zhonghong is still a bit embarrassed. It is also a loss-making stock. It is not the most serious loss, and it has broken through 1 yuan several times. I did not expect that the last two days suddenly fell unexpectedly and became the first in the two cities because of insufficient stock price. A company that withdraws from the market by one yuan.
In this way, is the loss of stocks delisted from this board?
If you really want to think so, then you are wrong again. You look at Hengli Industry, which is an uncompromising shell company. According to financial data, in the 22 years since the company was listed, only the operating performance in the initial four years of the listing was relatively stable, and the rest of the time was between small profits and losses. For the 15 years and 9 months since 2003, the net profit after deducting non-recurring gains and losses. All are losses.
Because of this, Hengli Industrial experienced a dazzling capital story of suspending for 7 years, 4 times of change, 5 reorganizations, 2 times selling shells, etc. During the period, Liu Hong of the success department and the Chinese technology department became Qing Bo. Capital players such as the acquisition of the godfather Song Xiaoming were involved, but in the end they were all squandered and did not have any actual business results.
Hengli Industry has become the immortal bird in the securities market. It is not only the immortal bird. It is simply the experience of Phoenix. It proves once again that reorganization is a long-term hot spot for A shares.
So, how can ST Changsheng be convinced? Therefore, when ST Changsheng fell to 2.8 billion yuan in total market value today, he was dragged by a large amount of funds from the limit board to the daily limit!
Speaking of it, although Changsheng has the problem of vaccine fraud, but in any case, there is no debt, it is still relatively healthy. The factories, equipment, and employees are still quite complete. If, as the company said before, no one has problems with the vaccine, then almost no victims have to pay compensation.
Moreover, a magical thing really happened. Previously, the value of a shell that was relatively recognized in the market was less than 3 billion yuan. Now when the market value of Changsheng is 2.8 billion yuan, it is really someone who is stealing the shell.
However, what we can't understand is that after the $9 billion fine has been paid, will there be a flaw in the longevity?
In this way, it seems that Wanda movies are more valuable. After all, people's assets are not affected. There are cash flow in the cinema, and assets and gambling profits are guaranteed. The current valuation is less than 25 times!
In fact, two days ago, I had already predicted that Wanda would have two word boards. From the current situation, there are two more down-limit boards, not only the valuation fell below 20 times, but more importantly, it will be added. The gap on the monthly line since the listing! So, to this position, it may have a stronger support! The price of this location is 17.48 yuan.
Today, four Wanda films are sold. Compared with the stocks held by the top ten tradable shareholders, it seems that they have not been sold clean. Therefore, the two downs are still very likely. The top five buyers are not institutional seats. This shows that the institutions that are in it are still trying to go, and there is no idea of lowering the position to reduce costs.
I can only feel that I am so fragrant for a company that has not managed well. Under the same policy environment, can there be 11 daily limit boards? Wanda, which has a good performance, and the gambling of the performance, but it is not necessarily the end of the four consecutive downs. There are 46 funds in it. Funds that engage in value investing are far from being speculative.
Therefore, it is not impossible to buy restructured stocks. One is, don't buy stocks that fall below 1 yuan. If the public breaks the hard bar of delisting in the market, it is difficult for the leaders to help. The second one, if you don't understand it, or if the plate is too big, everyone knows it, and don't buy it.
At present, the small winds, small private enterprises, relatively large losses, high pledges, and the local government are rich, such a company restructuring, the success rate seems to be higher.
If you are too lazy to invest in the domestic stock market, there is a better chance to buy the US index fund. After all, the US mid-term election is over, and the Democratic Party has not achieved a great overwhelming seat. The basic US policy is still relatively stable. With the end of the general election, the quarterly disclosure period of major US listed companies has also come to an end, and the repurchase activities of US listed companies have opened up the time window.