subject: Appliances wonderful event commentary week in and week (July 5th Week) - Sichuan Changhong, Tomson - household appliances [print this page] Appliances wonderful event commentary week in and week (July 5th Week) - Sichuan Changhong, Tomson - household appliances
< BR> In the first separation of debt only "Sichuan
Changhong
"Official release.
Event: Sichuan Changhong formal separation of trading of convertible bonds issued, the current bond issue size of 30 billion bond for 6 years, the coupon rate of inquiry range from 0.8% to 2%.
Comments: Sichuan Changhong, trading of convertible bonds will be separate from the official release today. This is also following the A share IPO and corporate debt have reset after the separation of debt one year after the re-appearance. Since the separation of debt is issued since 2009, only the separation of the first convertible bond trading variety, and the current stock price and Sichuan Changhong is little difference between the exercise price, popular in the current market environment and the economic recovery is expected to heat up background, is great room for growth stocks, the investment will be of huge value.
Thomson debt restructuring to avoid bankruptcy.
Events: in March this year, Thomson came the verge of bankruptcy and creditors, the company has reached a debt restructuring agreement, will be the form of shares or debentures of the company's debt cut by almost half.
Comments: once the consumer
Electronic
Giant French company Thomson because of huge debts, they had to seek negotiations with creditors to restructure to avoid bankruptcy fate. This is reminiscent of another had to have a stake in its
TCL
Fate. In 2004, Thomson to
TV
Business was sold to eager to go abroad for TCL Group, TCL said, however, TCL and Thomson, a joint venture with the parent company is independent, and does not make the situation of Thomson TCL's international business affected.
6 million U.S. passenger cars sold in Hunan Province.
Event: America's Group 25, signed an agreement with BYD, and finally to the price of 60 million yuan to its beautiful Sunshine Bus Factory 100% of the shares sold to BYD.
Comments:
Car
Industry is not fun, coveted by many household appliances company a few years ago the automobile industry to build cars with high profits will fall into children, but now almost all out, even clever, such as the United States, or eventually make a clean break with the automotive industry. 2003 appliance industry in the low profit era, on the contrary show booming automobile industry and also can build up a high profit. Including Chunlan, beauty,
Oaks
, Ningbo Bird and many other household electrical appliance enterprises regarded early in the household appliance business of their profits into the automotive industry. But in the end proved that the household appliances industry, the collective urge to embrace almost did not gain the benefits of the automobile industry. Brands with a high concentration of consumers mature rational, household appliances production car a short time is difficult to gain consumer recognition, and auto companies relatively household electrical appliance enterprises are "giant", home appliances enterprises planning to invest in the District as well as several hundred million dollars billion of funds on the development of automobile industry is too small, can not and Volkswagen, General Motors and other auto giants competition.
Sharp
Sony build a LCD panel joint venture.
Event: July 30, Sharp and Sony signed an agreement to set up large-size LCD panel manufacturing joint venture.
Comments: The
LCD TV
Recent news of price increases will be circulated widely in the community. For this round of LCD TV prices affect the causes, we are strikingly consistent: that is, panel prices have risen! The reason why the price of LCD panels will be going up because the market panel in short supply. As the leader in the field panel, Japanese and Korean enterprises always been very active. Sharp and Sony build a LCD panel joint venture will make the panel has been in a weak domestic enterprises face greater competitive challenges.
