Capital "Big crocodile" nationalists poly real Estate directional additional

On the "Big Alligator" Liu and Fondeki behind the Zhang Jianping, and so on, more than a year ago, a high price participation in poly Real Estate directed additional has become a painful memory.　　October 26, Poly Real Estate released 2010 quarterly results report shows that after a year of restricted sales period, the original participation in Poly Real Estate directed additional South fund, Liu and Fondeki three shareholders finally chose to lose out, disappeared in the company's top ten circulating shareholder list.　　At the outset, the three shareholders to 24.12 yuan/share of the high prices, respectively, the cost of 1.297 billion yuan, 1.085 billion yuan and 1.013 billion yuan heavily, subscribed to the Poly Real Estate directed additional shares 53.7565 million shares, 45 million shares and 42 million shares. After the dividend distribution, its directional additional shareholding cost also diluted to 18.55 yuan/share. But at the end of the three quarter poly real Estate closed 12.36 yuan.　　According to this calculation, poly real Estate price has been more than the original directional additional price fell 33.37%.　　Capital "Big alligator" can say, the real estate encounter unprecedented macro-control let the former bullish real estate company investors have "recruit", including Liu and Fondeki behind the Zhang Jianping. In July 2009, the directional additional poly real Estate In addition to a large number of well-known funds, brokerages, enterprises to throw out the olive branch, but also to some natural persons issued the "subscription invitation", including Coshiping, Liu, Meichang, Tau, Zhang Jianxin, Chen Zhongyi, Xu Liuxiang, Song Yuting, 邹瀚枢, Fondeki, Shen Yi-jong,　　Deng Ganbin, Syed, Zhu Qian and other capital "big alligator". This reporter noted that poly Real estate after the announcement of the issue of non-public offerings and share changes announced that in the Poly real Estate Select the issue of the "purchase quote" submitted by the Liu only a declaration price, and the declared price of all the applicants for the highest, up to 28.12 yuan/share, Its purchase quantity is 45 million shares.　　Can be seen, Liu originally to take poly Real Estate directional additional is determined. and Fondeki declared three price ranges, two of these declared prices also fell on the final issue price above, for 25.32 yuan/share, the number of requisitions for 35 million shares, the second declared price of 24.32 yuan/unit, the number of declarations for 42 million shares, the lowest declaration price of 23.32 yuan/unit,　　The number of declarations is 44 million shares.　　About Fondeki, Poly Real Estate only in the bulletin introduced his residence for the Hangzhou Green Garden District 6, and stated that "Fondeki and the company does not exist relationship between business relations." However, a media survey indicated that Fondeki himself was a retired village teacher. and hidden behind the Fondeki is a local well-known "Warren"-Zhang Jianping. Zhang Jianping's stock experience was legendary in Zhejiang province. From the mall salesman started, to 50,000 yuan in the market, Zhang Jianping more than 10 years to achieve nearly 2 billion of the net worth.　　And Fondeki is Zhang Jianping's father-in-law, Zhang Jianping control his wife's family account. Looking back, LiuAnd the real estate company's directional additional issue is the feeling has the unique clock. After subscription poly Real Estate directed additional, Liu also subscribed to the first open shares, the gold Group Two real estate companies targeted additional shares.　　Also in July last year, August, respectively, the cost of 489 million yuan, 476 million yuan subscribed to the two companies 35 million shares, 34 million shares, the additional prices of 13.96 yuan/unit and 14 yuan/share. Up to now, only investment in the first open shares to achieve the floating surplus, and participation in the Gold Group of directional additional also appeared floating losses.　　As of the end of the day, the Gold group closed at 6.97 Yuan, according to 10 to 8 after the right of the price calculation, more than 14 yuan of directional additional discount still discounted 10.26%. The reason to stay is worth mentioning is, the original participation in Poly Real Estate directed additional capital "Big crocodile", play turn St Salt Lake Guangzhou large Zhu Bai Remember also appear in the list of shareholders.　　Zhu Qian Kee respectively to 18.12 Yuan/unit, 21.32 Yuan/unit and 24.12 Yuan/unit for the purchase of 40 million shares, 34 million shares and 30 million shares, and finally received 29.8647 million shares, cost 720 million yuan. However, with Liu and Fondeki finally recognized the difference is that, Zhu Qian Kee chose to stay, holding.　　As of the end of the report, Zhu Qian recorded the number of shares of 38.8241 million shares, ranked the top ten circulating shareholders eighth. In addition, the first to participate in directional additional hundred cosmetic Care Products Co., Ltd. has also been overweight.　　At the end of the three quarter, the company's shareholding increased to 41.008 million shares, adding 3.308 million shares.　　In this respect, the Yangtze River Securities analyst Su Xiejing Blunt, even in the premise of not optimistic about the industry, Poly Real Estate is still their 2010 has insisted that the recommended company, they are looking for the company's high growth charm. Poly Real Estate released the same day three quarterly results show that the company's first three quarters to achieve operating income of 19.287 billion yuan, growth of 50.96% per cent, the realization of operating profit of 3.386 billion, year-on-year growth of 37.67%, to achieve the ownership of the listed company shareholders net profit of 2.291 billion yuan, an increase of 28.21%.　　Earnings per share of 0.50 yuan. "Into the 4 quarter, after investigation, we believe that Poly real estate settlement margin looming, it is worth the attention of the market." "Su Xiejing said.　　Earlier, the company's gross margin of settlement further decline mainly because the first half of the settlement of the project was mainly sold early last year, the price is relatively low.　　It is worth noting that the company has grown to its current size, but the cost of the period has not increased significantly, but basically maintained the same rate of growth as income. Li Shaoming, an analyst with CIC Securities, said Poly property had been growing at a high rate for nearly two years.　　In January-September this year, the company achieved sales revenue of 41.4 billion yuan, ranked second in the country, the average price of 8574 yuan, compared to 2009 growth of 4%. "Reflected in the received account, the company three quarter of the end of the period of advance accounts up to 46.828 billion yuan, 10.23 yuan per share, lock the future of EPs about 1.7 yuan.　　"Su Xiejing said. Li Shaoming stressed that in aShares real estate companies, Poly Real Estate 2011 years of expected revenue lock ratio is the highest. So far, poly Real Estate in the non-first-tier cities have a higher proportion of land reserves, which means that it is affected by the policy of lower risk. In addition, in the two-tier market, poly Real estate at present multiples than the mainland industry, the average discount rate of the largest level since the IPO.　　The market net rate and the mainland industry mean discount is also at a low level. As of October 26, poly Real Estate closed at 14.63 yuan, Rose 3.32%.