Be defeated of market of China of mansion China electron will face the risk that retreat city
April 14, 2008
From March 5 its share price begins diving, to April 14 lowest of its share price has achieved 4.75 yuan, short lunar time drops adjacent 44% .
Regard industry of domestic colour TV as the enterprise of transition of TV of the first Xiang Ping board, mansion China electron (600870.SH) is being experienced at present most serious live the crisis.
Hold the post of newly in Taiwan its outstanding achievement is current after short-term get warm again after a cold spell after tall canal is airborne last year be immersed in cold winter, and its share price also is in alleged ” certificate radical account ” disturbance began high table diving.
A few the middle of a month in the past of mansion China electron walk along power plan to appear piece apparent ” pour V word ” form, arrive from October 30, 2007 this year on March 5, its share price rises from 4.95 yuan of lowest 8.45 highest yuan, interval goes up more than 70% , however from March 5 its share price begins diving, to April 14 lowest of its share price has achieved 4.75 yuan, short lunar time drops adjacent 44% .
The reporter understands, mansion China electron before this go up it is the investigation report that the certificate business such as eastwardly negotiable securities provides before this is released begin, this report thinks, mansion China electron will receive outstanding achievement inflection point, last year in October, the whole world is the greatest circle in the air the building that installs flat industry garden and other of 3 factories remove let mansion China electron begin to enter new growth cycle, among this the whole world of manufacturer of face plate of the 5th big liquid crystal accuse a position to also let mansion China electron supply field main points to travel together at home first in face plate, predict every gain of mansion China electron will achieve 0.38 yuan 2008, increase its target price reach 9.5 yuan.
Mansion China electron tells a reporter about the personage, the course casts aside Zhang and management improvement continuously, it is especially after Taiwan management layer is airborne, mansion China electron began occurrence profit in September 2007, and gain exceeds 40 million yuan, later off-season its net profit also will exceed 10 million yuan October.
And still have at that time around move of mansion China electron all sorts of recombining hearsay, hand in place winning rich data is to show more, on January 23, 2008, in the classified account of mansion China electron, certificate radical account has two only, the scale that maintain a warehouse is current 0.51% . The 2nd day, namely on January 24, 2008, its certificate base the number of account increases 531 suddenly, the scale that maintain a warehouse increases to 1.67% , most when certificate radical account is more than 800 more.
“However here is data appeared apparently problem. ” Zhang Xiaoga expresses the analyst of Oriental negotiable securities that pays close attention to mansion China electron for a long time, “So numerous brunt orgnaization centers those who enter a deficit suddenly to appear on the market company, and every are bought only do not exceed 20 thousand shares, it is abnormal apparently, my individual considered as the data that compass provides to give an issue. My individual considered as the data that compass provides to give an issue..
Nevertheless message personage tells a reporter, there is certificate radical account to enter mansion China electron really among this, it is for rich of its outstanding achievement rebound, however good times don’t last long, the outstanding achievement of mansion China electron was immersed in the crisis again after brief gain.
Message personage tells a reporter, the new year’s day this year and Spring Festival in busy season of two big sales, the domestic sale of mansion China electron answers a paragraph to have 80 million yuan only unexpectedly, less than 2007 the 1/5 of the corresponding period, with achieve letter of dimension, TCL, sea to wait for photograph of other and homebred brand to compare, its market is had rate had dropped to be not worth 2% , was squeezed to give the train of a group of people of same interest of homebred flat a gleam of thoroughly.
More the orgnaization is forecasted, mansion China electron is in the deficit that may greet continuously after two years of deficit continuously, the industry speculation before this and this differs apparently, if successive 3 years of deficit, mansion China electron will face the risk that removes city.
More letting what partner has a headache its are big is, mansion China electron is facing heavy debt load, for this mansion China electron went out at was being cast this year in March directional add the program of hair, the plan passes capital market collect 700 million yuan of capital, take out 600 million yuan to be used at repaying among them the bank borrows money. Industry is forecasted, unless China mirrors a canal to want to borrow machine add endowment right mansion China electron adds hair share to undertake subscribe, otherwise proposal of this one party is passed very hard.
It is after past of disturbance of certificate radical account, mansion China electron began to enter fast diving period, begin from March 24 7 short trade in a few days its share price steeped fall 35% , the capital that clear early days enters escapes quickly.
To mansion China the problem that the electron encounters, have do not wish to disclose full name personage to tell a reporter inside course of study, “The administrative group that comes from Taiwan had complete change to the sale mode of the mainland, changed associate with to depend on sell the pattern of field greatly, however this mainstream channel that abandoned town of class of just a little actively then, apparent outstanding achievement of electron of this pair of mansion China drops considerably having direct correlation, taiwan group does not understand the channel of the mainland apparently. Taiwan group does not understand the channel of the mainland apparently..
The personage inside this course of study still points out, after Taiwan group comes, former general manager of mansion China electron thanks Sai Yu to be forced to leave, and the Wei Zili that is in charge of sale formerly although preferment vice-president, but its director professional work became job of labour union aimlessly however, apparent and former group basically is cleared to end, below such circumstance, offset expends electronic industry before and Hua Ying group began unfamiliar to take a risk, this brought about the be defeated of mansion China.
Also the analyst points out, mansion China transfers to flat TV quickly at first, it is for loot flat of TV first machine, acquired good market share really in the industry, but as tycoon of more color television enter, especially of the price war of foreign capital tycoon pull open, standardized form of homebred color television is immersed in low fan, the financial capacity is the most fragile mansion among this China cannot prop up apparently, brought about this be defeated finally.
Tags: Be, China, defeated, electron, mansion, market


