7 times times the maximum price of the agency in pursuit of pioneering board company

Source: Internet
Author: User
Keywords Quote Pursuit Difference
Tags agency company company announcement difference force high high price multiple
The second batch of 8 companies with a high price-earnings ratio, the initial inquiry has been widely sought after. A 8-company announcement yesterday showed that fund companies were still the main force to participate in the declaration, with most companies offering prices below the fund's weighted average and median.  However, the institutional price "gap" is obvious, the highest and the lowest price difference of up to 7 times times the huge. The hyper-graph software has the most oversubscribed multiple, reaching 156.18 times times.  The announcement shows that the companies involved in the company's offer of up to 254, the price of the corresponding cumulative purchase of 593.5 million shares, corresponding to the 2008 diluted earnings ratio of 81.67 times times. Fund companies to become the main declaration, which participated in Yang Pu Medical quotes fund up to 153. Because the fund quoted price is an important reference, most companies ' IPO price is lower than the fund quotation weighted average number and median, with only a few exceptions. Jinlong electromechanical price of 19.00 yuan/share above the fund's weighted average prices (18.75 yuan/share) and median (18.00 yuan/share). The company said that after 2008 years of special economic environment, the company still has good growth, the 2009 forecast of diluted earnings per share of 0.39 yuan, growth rate of up to 160%.  Flush the price of the fund to select the median price of 52.8 yuan/share. The announcement showed that the difference between the highest and lowest prices offered by the institutions was 1 time times higher than the minimum price, showing a divergence in pricing. such as the Golden Dragon electromechanical minimum price 10.5 yuan/share, the maximum 30 yuan/share, the difference is 1.86 times times; Baotong band Industry's lowest quotation 22 yuan/share, the highest 52.8 yuan/share, 1.4 times times the difference, steel research Gourna Minimum Declaration price 11.47 Yuan/share, the highest 38 yuan/share, 2.3 times times the difference.  Bid "Drop" the biggest is the same flower shun, there are institutions to quote 10 yuan/share, the highest is up to 80 yuan/share, the difference is 7 times times the giant. Yangpu Medical, Zhongke Electric, flush 3 companies also appeared QFII figure, but because of its price comparison "conservative" and almost "annihilated". QFII to the Central division of the electricity price of 35 yuan/share, not to reach the 36 yuan/shares of the issue of the "failure"; QFII to flush with the price of 50 yuan/share, also not up to 52.8 yuan/share of the issue prices; QFII to Yangpu Medical offer for 25 yuan/share, equivalent to the issue price, just "Step on line."
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