"First high price stock" copy zoomlion trading board fled 50 million

Source: Internet
Author: User
Following the concept of high transfer of Zoomlion (000157). SZ) was heavily dumped by institutions after the Oriental Gardens (002310.  SZ) did not escape the same fate.  Yesterday, Oriental Garden said that according to the preliminary formulation of the 2010 medium-term profit distribution plan to the Board of Directors, it is proposed to transfer 10 shares per 10 shares to all shareholders and distribute cash dividends of 2 yuan (including tax) to all shareholders per 10 shares.  The revised performance notice also shows that the Oriental Garden is expected 2010 1 ~ June to achieve the ownership of the parent company's net profit is 140%~170%.  By the high sent to the impact of the Oriental garden in yesterday after a word trading, and in order to 166.52 yuan trading price close at the same time, also recaptured the first high price shares of the throne. Oriental Garden said that since the company's November 27, 2009 listing, business development is good, the new signing contract amount of rapid growth. The increase in overall strength led to a sharp increase in revenues, resulting in a sharp rise in net profit year-on-year.  At the same time, as the company's growth, the scale effect began to show, the net interest rate has increased. But institutional investors seem to disagree.  In yesterday's Oriental garden 92.17 million yuan transaction amount, only 4 institutions exclusive seats sell the amount is close to 50 million yuan, accounting for up to 53.77%. Despite the high price of Oriental Gardens, the first two-seat institutional seats sold yesterday were actually sold at 100,000 shares per home.  But from the top ten circulating stock list of the first quarter of Oriental Garden, the number of institutional shareholding is only between 300,000 shares and more than 800,000 shares. and the Research Institute's view of Oriental garden is not consistent. China Merchants Securities has previously issued a research report pointed out that, because of the large single sign super expectations, "urban landscape operators," the strategy gradually formed, and the equity incentive scheme also fully demonstrated the management of the company's future high growth confidence.  The target price is therefore expected to reach $205.  However, China-created securities recently said that although there are more advantages, but the growth of Oriental gardens relatively rough, landscape construction lacks a certain degree of precision, and the radical management model and expansion of the risk, so only to give the sex rating. For the recent continuous release of high transfer plan two stocks were sold by the agency, Huatai Securities Investment Advisory Department director Zhoulin also believe that, in fact, high transfer can not give investors what the benefits, so the agency in the future market trend is not optimistic about the situation of the opportunity to sell some stocks, but also understandable.

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.