subject: Shanghai Pudong Development Mobile Intelligent Network Chengxin Chong Hand - Intelligent Network - [print this page] A cycle of three years, additional hot back three years ago, Past.
Since the first quarter, growing financing needs of the market to heat up, issuance of notice issued frequent, China Construction Bank (601939.SH) of A + H shares targeted financing rumors that prop up its share price opening, Nanshan Aluminum (600219.SH) of also attracted several additional fund favored.
Additional plate Resurrection Investment ideas had not complicated. When an economy is good, bad set, remain the same. Now the macroeconomic situation improved, market liquidity, which is relatively abundant in the end will bring a reversal of investment ideas?
First of all, return to investment in a cyclical industry perspective, actually the past two weeks the market has been gradually adopted mechanical equipment, metals, Chemical industry Other sections reflect this logic. Secondly, the expansion of enterprise back track. To raise funds through private placement more and more companies, until the end of March, private placement is expected to raise funds more than 650 billion yuan. As a result, this revival of additional subjects.
But not Whenever issuing a chance.
Additional issue has always been a retail, institutions and the interests of listed companies in three games. Both the fundamentals of quality projects to improve the company's expectations, more bad projects malicious misappropriating of infamy. Similarly, the "20 day average price of" leverage, performance in the private placement of shares for the pressure to reduce costs, after issuance of frequent positive margin of safety for the institutions. Contrary to the public issuance of another, the first positive and then plunge, which warrants same, if not great quality projects to issue additional shares of battered so often.
Additional process can be divided into three event points: the board plan, shareholders, the General Assembly adopted, by issuance examination committee. The dots are investment opportunities, but when the dust settled, short-term means Jianguang Si. Additional investment in stocks is a triangular structure, operation: the project, the stock game, the process.
According to Wind, currently in 62 cities by the board issuing company plan, additional expected greater. According to an interview with combing consolidated financial news weekly, the current banking, real estate and high-tech industry, issuing three most market imagination. In summary, the financial weekly selection of the additional investment opportunities with the concept stock.
Pudong additional still under consideration, opportunities still exist
Recently, the Bank Annual Report localities. While Shanghai Pudong Development Bank (600000.SH), the number one performance is not good, but in issuing. Shanghai Pudong Development Plan of Guangdong Mobile to 2.207 billion shares private placement, intended to raise funds of about 39.801 billion, to supplement its capital adequacy ratio.
The project still needs approval of the SFC and the SAC. Historical data show that investors in private placement by the board plans to shareholders, and shareholders approved both by the Commission to intervene in time, will be relatively large gains.
SW analysts believe China Mobile's shares in the capital to complement and follow-up Cooperation All areas of the company constitute a long-term positive, rapid growth performance can be expected.
22 brokerages in Shanghai Pudong Development Bank in 2009 for comment earnings report, the 19 institutions of Shanghai Pudong Development Bank "overweight" rating. Galaxy Securities analyst said, "private placement issue price is usually higher, more favorable to the old shareholders. Refinancing plan for the impact of market liquidity becomes evident last year, overall private placement is good news for the company."
The introduction of Shanghai Pudong Development Bank to maintain its strategic partner the next three years of business growth. CRE Securities analyst Wang Rong told financial weekly newspaper reporter, "Shanghai Pudong Development Bank and China Mobile, the cooperation project will be a positive incentive to banks in the middle of business."
