Coal gasification suspension to engage in additional retail investors are the secrets of the directors

In the face of the market rumors and the rising share price, coal gasification executives in the media interview shouted "This is a rumor."　　But in the company's top brass clear, coal gasification yesterday but became the only one of the coal plate trading stocks.　　Even more alarming, as executives denied rumours, the company immediately issued a notice saying it was planning a private issue and would suspend business on the day it opened today. Senior executives yesterday clarified rumors are rumors recently, the market Mad Chuan "Jin Coal group will be settled into coal gasification, will be suspended on the weekend." However, coal Gasification Secretary Liu Enxio in the media interview gave a public denial. "No information has been received from SASAC and Sasac on this," he said.　　Yesterday, Liu Enxio's statement was then widely reported by the media, and aroused widespread concern in the market.　　All along, because the market widely believe that the controlling shareholder Taiyuan Coal Gasification group in support of the development of the company is not too "to the power", so once expected to have a new owner, and Shanxi Coal group is quite optimistic about one of the gossip object. Shengzheng, an analyst with Gold Securities, said in a recent study of the company's field research that the obstacles to the actual control of the company's development could lead to a major breakthrough early next year. The announcement adds some legitimacy to all the rumors in the market.　　Unfortunately, from Mr Tung's Liu Enxio, these rosy expectations may not be as easy to achieve as they might have imagined. Generally, good rumors are clarified often caused by the price shock, but it is surprising that the previous rumor-driven and the stock price of the continuous rise of coal gasification, not only did not encounter the expected blow, but triggered the capital of the crazy Rob.　　Yesterday, the shares in a small open immediately after the strong attack, and at about 10 o'clock in the morning stable stand up to stop the plate, become the only one of the coal plate trading stock.　　Additional programs turned out, however, in the coal gasification Dong Secret denied rumors by a number of media reported the next day, the company immediately announced the suspension of planning issues. Coal gasification announced today that the company is planning non-public issues, in order to protect the interests of investors, to avoid a significant impact on the company's share price, the company's shares since the opening of the December 3 suspension, pending the determination of the matter, the company will convene the board to consider the issue of Non-public shares related matters,　　Announce the matter no later than December 10, 2010 and apply for a stock duplicate. When this a sudden announcement in front of everyone, the gas of the mysterious limit of doubts also vanished. An investor in the stock bar angrily said, regardless of good news whether the advance leaks, leading to the company's share price, the company's official in the early suspension of the media to deny the rumor is not acceptable.　　Other investors, aggrieved on the internet, have opted to sell the company's shares because they saw a firm denial from the top brass.　And an industry insider told reporters, according to the provisions of the relevant regulations, in the listed companies before the disclosure of the announcement, the company does have the responsibility of confidentiality, can not be related to the relevant major issues to the media.　However, the Secretary for coal gasification has openly denied rumours that the act is questionable, and that it is also a matter of concern that, in order to avoid fluctuations in the share price, the coal gasification should immediately apply to the exchange for suspension. Institutional capital accurate buy if coal gasification in yesterday stubborn limit is puzzling, then, the institutional funds in the eve of the suspension of buying behavior is even more difficult to understand. According to the SSE disclosure of trading seats, yesterday in the top five to buy the list of two institutional seats, respectively, 44.41 million and 43.48 million Yuan holdings in the third and fourth positions.　　It should be noted that, although there are two institutions to sell, but less than 35 million of the cumulative sales volume significantly weaker. Market participants pointed out that in the recent sharp fluctuations in the market background, coal gasification is definitely a special unit. Since November 18, the company's share price has risen by more than 30%, and a breakthrough in the previous highs to record highs since 2010, which is rare in its coal plate. On November 15, when the company's share price tumbled, there were already institutional funds to start buying the shares.　　From this point of view, in the coal gasification trend to be brave behind, it is part of the organization.　　There is no doubt that if the issue of coal gasification launched by the market bullish and Rose, then in the eve of the suspension of the firm to buy shares of the company's funds will benefit. And for investors who choose to sell shares in a company that has previously been firmly denied by executives, they are passing a precious profit opportunity against a backdrop of plunging markets.