subject: Analysis by the prosecution of the case, said little effect GOME - GOME Electrical Appliances, Wong Kwong Yu - household appliances [print this page] Analysis by the prosecution of the case, said little effect GOME - GOME Electrical Appliances, Wong Kwong Yu - household appliances
announcement that was received on February 25 court service units suspected bribery indictment, which, many experts and analysts have said that the incident
States United States
Electrical little effect on its more optimistic about the future holds.
Announcement said Gome alleged bribery took place the unit in 2006 to 2008, the amount of the total amount of 4.56 million yuan involved in one part. Gome's preliminary view is that even in the worst cases, will only be punished by a fine, and the amount of its operations and financial position will not produce substantial negative impact.
Not fall Gome shares rose today. Today's closing price of 2.48 Hong Kong dollars, against yesterday's closing price of 2.44 Hong Kong dollar rose 0.04 Hong Kong dollars, or 1.639 percent.
"We believe that a fine not significantly affect the company's business, and the subsequent prosecution is clearly possible, but the case will progress in short-term stock price depressed." Guotai Junan (Hong Kong), said analysts JulieKe "
Huang Guangyu
Only mentions the suspected insider trading, illegal bribery crimes and units, the first two counts are personal, so we judge by the company and its subsidiaries filed another lawsuit related to the uncertainty has been basically clear. However, Huang Guangyu case into the trial phase and sentencing unknown, This is still an impact on investor confidence, short-term pressure on shares.
Guotai Junan (Hong Kong) said that for the time being to maintain Gome profit forecast, rating and target price, the current 2009-2011 forecast basic earnings per share 0.102 yuan, 0.119 yuan, and 0.150 yuan, three-year compound growth rate of 22.4%, currently holding Buy rating.
"The incident would not affect the normal performance of the country the United States." China
Electronic
Chamber of Commerce Deputy Secretary-General Lu Renbo on the SAN, "said the case has been 2 years since Huang Guangyu, Gome has taken many measures of risk aversion. This process has dragged on for a long time, the basic risk has been digested. Received the indictment, Announcement, only the normal judicial process. "
Lu Renbo Gome's future development on the cautious optimism, "Gome major work to do now is to improve operational efficiency, close inefficient single-store outlets and enhance profitability."
States securities business retail analyst Kim Man-yiu, said on Sina science and technology, "Gome had a series of measures have been taken, and the amount is not large, the case had little effect. Before the crisis management and business reform has been CHEN I verify the management capacity of the current leadership team Gome stable, and experienced, to enhance the reform of single-store level of profitability achieved some success, the country is still great potential for future development of the United States. For the United States for the country, not worse because the worst is over. "