Everyone happy to cut three quarterly results forecast institutions sell shares fall

Source: Internet
Author: User
Yesterday (October 14), a A-share market chain supermarket one of the leading shares of everyone's music (002336, closing price of 25.34 Yuan) before the release of three quarterly performance correction announcement, the original forecast of the first three quarters of the year's net profit increase 0%~30%, down to the year-on-year decline 0%~5%. Affected by this news, everyone happy yesterday was dropped on the plate, the newspaper received 25.34 Yuan.  After the billboard show, there are three institutional seats total sold 84.42 million yuan, accounting for the total amount of the day 21.11%. According to People's Music bulletin shows that the company 2010 1 ~ September attributable to the listed company's shareholder net profit downward revision is one of the reasons, the company closed in three quarters in Xian, Dongguan, two stores.  Due to the closure of the company's leasing contract and cooperation contract defaults, the company needs to pay a one-time payment of 14.7 million yuan of default compensation, which led to a substantial increase in the company's current operating expenses. Market participants said an increase of more than 10 million yuan in operating expenses is certainly not the real cause of the company's share price slump.  The real reason for the fall in the company's share price could be the sudden closure of two stores in Xian and Dongguan, the source said, prompting a market speculation about the company's subsequent potential for a repeat shutdown. In this connection, the daily economic news reporter yesterday called everyone happy, the company said, the company's operating stores are closed a set of evaluation system. The company would consider shutting down the store if it estimated that the existing stores would have lost a significant amount of loss in the foreseeable future and that the one-time losses caused by closing the store would be large.  The person also pointed out that close retail trade is a more common phenomenon, and closed stores are also affected by properties, changes in the business circle and many other factors, the company's store closure is certainly a comprehensive consideration of the results.  When asked about whether the company could close its stores in the next year or so, the person said it was unclear. Another reporter found that the company last year 162 million yuan net profit for the base, in the first three quarter of this year, the company net profit fell 5% calculation,  The net profit of the company in the first three quarters of this year is about 154 million yuan, and data show that the company's net profit for the first half of this year has reached 152 million yuan, which means the company's net profit in the third quarter may be only more than 2 million yuan. The above market Personage said, in the third quarter more than 2 million yuan net profit compared with the company last year 29.9 million yuan net profit, the disparity is very big indeed. Even if the company does not take into account the three-quarter operating expenses of 14.7 million yuan, the company's operating in the third quarter of the net profit generated only about 17 million yuan, down from the same period last year nearly 40%.  The person also pointed out that the recent general pullback in the commercial retail sector is also an important factor in helping to boost the price adjustment for everyone. Data from Haitong Securities research shows that as of October 8, 2010, Haitong Securities tracked 42 commercial shares of PE 39.56 times times, compared to the Shanghai and Shenzhen 300 15.27 times times PE, the premium rate is about 2.59 times times. This numberThe word exceeds 1.84 times times the average premium rate level, close to 2.69 times times the historical highest valuation premium rate. Haitong Securities that the overall valuation of the retail industry at the top of the historical center, the need for future performance growth to gradually digest.

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