Crocodile T-shirt small shareholder bizarre increase can be about privatisation poll results

According to the Hong Kong Ming Pao Newspaper, PCCW (0008) was privatized and was accused by the court of voting to control the result and veto the motion. Another veteran listed company, the crocodile-shirt (0122), has also held a privatisation meeting at the end of this month.　　After the privatization of the crocodile-shirt, a group of bizarre new shareholders who "live in prosperity, buy shares little, not easy to make a profit" suddenly appeared, and their voting intention could affect the success or failure of privatization. Crocodile in February to privatize, the acquisition price of 0.4 yuan, April 1 to increase the acquisition price to 0.42 Yuan. The present report on the Register of shareholders, as at May 8, showed that, between March and early May, 42 new shareholders were added, including 3 persons in March and 39 registered after the increase in the purchase price.　　Their holdings are from 1000 to 60,000 shares. It may be a bit unusual for a small shareholder with a stake in a senior residential area to take advantage of an investment to earn the difference between a share price and a purchase price. But the investment was not cost-effective, with an average price of 0.408 yuan after April 1.　　Crocodile 1000 shares of each hand, privatization success, each hand to earn only 12 yuan, deduct brokerage commission, printing fees and so on, not to make money, but also to pay. To collect the above fees by banks at least $130, it is not a cost to buy 11 hand crocodile shirts. In addition, most of the contact addresses reported by the small shareholders are noble residential areas, including the mid-levels, Happy Valley, Mui Road on Hong Kong Island and the old Peak road.　　This group of background or very well-off people, investing in the crocodile-pension stock that is being privatized, has a small amount of money, a very low return, or even a loss, which is a curious feeling. Small shareholder Miss Yu: When the short fry play  this newspaper contact one in April 8, registered as a small shareholder of Miss Yu, she and 4 family members, a total buy 100,000 shares. With her purchase price of 0.4 yuan, privatization success can earn 2000 yuan, return 5%. "I am a short fry, little play." "She has sent a ballot form to support privatization, but admits it is not necessarily a success, so the stop-loss position is set," If the privatization is unsuccessful and the share price falls through the bid, I will sell it. This newspaper also contacted another shareholder, Mrs. Zheng (she bought 40,000 shares at four) when asked "Why so many people buy this stock"? "I don't want to talk about it," Mrs. Zheng said.　　"And hang up the phone in real time. The 42 new shareholders accounted for 5% of the existing 793 shareholders who held the stock in kind and qualified to vote. The number of people is small but sufficient to influence the outcome of the vote. Because of this kind of shareholder meeting, turnout is not much, for example, the privatization of PCCW, more than 20,000 eligible voting shareholders, only 8% votes.　　The small number of crocodile-shirt shareholders may result in only a few votes. However, some of these variables, such as: they have been bought in the early stock, but deposited in the central Clearing Company Limited. Owing to the lack of voting power in the central clearing, the physical unit was recently withdrawn for participation in the ballot. As for their voting intentions, are they the same as the PCCW vote? As it is not possible to confirm that the new shareholder is a connected person or has any manipulative actions, theAt this stage can not be called the kind of vote. Unable to obtain the crocodile-T-shirts for the time being, the Ming Pao has contacted the crocodile market department several times last week to inquire about the privatization issue and to obtain the contact method of the principal.　　However, the marketing department said it had not received a reply from the group, so it failed to obtain a crocodile-shirt response. The crocodile's pension, which was privatized by chairman and major shareholder Lin, on February 17 this year, holds a 51% equity stake of 0.4 yuan per share for the first time, raising the acquisition price to $0.42 on April 1, and then indicates that if the privatization is unsuccessful, major shareholders will not be able to bring privatization before the end of 2018 The privatisation shareholder meeting was held 26th this month.