Buffett shares rumors raid Northeast Electric H-shares soar twice times

Source: Internet
Author: User
Is Buffett here again? Want to buy Northeastern electric H-shares?  A listed company on the verge of delisting has become an object of frantic pursuit. Although the current seemingly non-existent news, but has been in the mainland and Hong Kong stock market again set off raging, in nearly nine trading days accumulated more than 80% of the Northeast Electric H shares, yesterday morning, a significant increase of nearly 70% after the suspension of trading 10:50 A.M., but did not explain the reasons for the suspension ; Before the suspension, it closed at HK $2.26 and rose 59.15% to 69.586 million shares. and St East electricity in two consecutive trading, yesterday suspension.  But yesterday afternoon, the company's internal management has publicly stated that the company did not negotiate with Mr. Buffett on the sale of shares.  Buffett sees northeastern electric?  A rumor is running around the market. According to rumours quoted by Hong Kong media, Warren Buffett made clear earlier this month that China's vast rural areas will have a huge demand for grid equipment in the future, so he intends to take a large share of the Low-cost State grid equipment stocks under China's permission.  The rumor is that Buffett is currently with the Northeast electric major shareholder Hong Kong Central Clearing (agent) limited to discuss the transfer of shares.  This language, alarmed by the "stock" followers, after some of the analysis, people speculate, Buffett refers to the "Low-cost State Grid equipment Stocks" may be the northeastern electric. Northeastern Electric issued 257.95 million shares in Hong Kong in 1995, the same year to the mainland social public to issue a shares of 30 million shares, and on December 13, 1995 on the Shenzhen Stock Exchange listed transactions. But since April 1 this year, the country has a background of the Northeast Electric due to two consecutive years of losses, was implemented risk warning treatment, the company this year still not out of the shadow of loss, again loss of 8.51 million yuan.  Due to unsatisfactory performance, the company's H shares have been hovering below HK $1 since the bottom of last October. But under the halo of the investor, the Northeast Electric began to play the story of the Sparrow to Phoenix. Among them, H shares by the Warren Buffett shares of speculation, the latest in the last 3 trading days soared more than 100%! The rise of Wednesday was as high as 59.15% to HK $2.26, up twice times.  At the same time, St A shares in this week is also a continuous trading.  Behind the scenes or another mystery for ambitious investors, this is likely to be disappointing. Yesterday afternoon, Dow Jones news agency said some company executives said northeastern Electric would make a statement on the media report later in Wednesday to clarify that the company did not discuss the sale of shares with Mr. Buffett. Mr. Buffett never approached the company about acquiring shares, and Northeastern Electric did not know where the market rumours were coming from.  Previous rumours have pushed the company's share price soaring.  In fact, the Hong Kong Central Clearing (agent) Limited, which is rumored to be the only agency's clearing house, has many H-shares investors behind him, and Buffett will not negotiate with the clearing company. "Rumors must be false, but do admire the imagination of northeastern Electric H-Shares," the famous market peopleHuang said the price hype was very successful. The same is the pursuit of power grid stocks, a share of the idea is "smart grid planning or July total investment is expected to exceed 4 trillion", and then related concept stocks to a day a big Yang line of normal footsteps upward.  Northeastern Electric, in a flash, launched a rumor that Buffett intended to "buy a large share of the Low-cost State Grid equipment Unit", so that the northeastern electric has doubled its share price twice times in 8 trading days. Yu Zhixiang Securities Energy researcher told reporters, from Buffett's value investment characteristics, such as Northeastern electric such a loss-making enterprises, I am afraid it is difficult to enter his discernment, and the current northeast Electric H shares only 248 million shares, before the market value of only 100 million Hong Kong dollars, too "mini". From the rural market power grid equipment advantage enterprises, such as million home music companies have more advantages. However, he mentioned that he himself long-term focus on the Northeast Electric, in fact, in addition to the ghosts of Buffett shares, the northeast electric still has "Sparrow to Phoenix" opportunities, because the large shareholder of the new Northeastern Electric Investment company also holds high-quality power grid equipment assets, do not exclude through the injection of restructuring to protect the card

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