Additional price near the price of the Big Qin Railway fund-raising fear of the cold shoulder

Source: Internet
Author: User
Keywords Stock price cold shoulder
Today, the Datong-Qinhuangdao railway (601006, close to 9.03 yuan), which plans to raise additional shares, will suspend business until October 28 before resuming normal trading. and anxiously waiting for not only hundreds of thousands of shareholders, but also the listed companies eager to raise capital.  Even if there is underwriting commitment, the current 9.03 yuan/share price and 8.73 yuan/share of the small gap, which also makes the DA-Qin railway 16.5 billion-yuan fund-raising dream become confusing. 16.5 billion fundraising plan launched after nearly a year of brewing, the Datong-Qinhuangdao railway issued no more than 2 billion shares, is expected to raise not more than 16.5 billion yuan funds plan finally started. According to the plan, the company's shares will be suspended today, the company's shareholders can be registered on the registration date (October 21) After the closing of the number of registered shares in the proportion of 10:1.4 to exercise the priority of subscription, the purchase code is "760006".  The company's shares will eventually be licensed on October 28. According to the prospectus, the DA-Qin railway plans to raise no more than 16.5 billion yuan for the purchase of Taiyuan Railway Administration related assets and shares in the main transportation  (total project investment of about 32.79 billion yuan), the core of this part of the assets including the Taiyuan Railway Bureau under the 20 major transport main station section, a total of 7 railway lines and 5 Railway spur line, the target assets of the net profit is expected to be about 2.9 billion yuan this year. For this transaction, the Datong-Qinhuangdao railway optimistic that the railway coal transport channel resources can be integrated to further expand the capacity of the Western coal Sinotrans, at the same time conducive to enhancing the company's core competitiveness, expand business growth space.  In addition, it can reduce the relationship between the company and the controlling shareholder, Taiyuan Railway Bureau, and the Trade competition. Additional programs or cold from the Da-Qin Railway Disclosure notice, this time the issuance plan for the listed company's positive is very obvious, but many people in the industry are more worried. Because the 8.73 yuan/share of the additional price, and the current 9.03 yuan/share of the share price, the difference is only 0.30 yuan per share, that is, once the share price falls more than 4%, participation in the additional funds will be quilt.  In view of the many uncertainties in the issue of the issuance of shares, it is difficult to estimate whether the parties ' funds are willing to participate in the company's additional issue. "Daily economic news" found that just yesterday, that is, the last trading day before the suspension, the Da-Qin Railway released its performance advance notice, said that because of the macro-economy continued to be good, transport of goods, especially the demand for coal transport, the company's freight transport volume compared with the same period last year, the first three quarter net profit growth  And some securities companies also issued a research report, said that optimistic about the future development of the company. But in the positive news of the stimulus, the company's stock price trend is still not optimistic, and did not go out of the mire of continuous yin. Yesterday suffered a big sale of funds, the lowest stock prices to 8.96 yuan/share, the distance from the issue price only a gleam.  Near the close, only rely on the fund barely rebound, closed at 9.03 yuan/share, slightly down 0.44%. It is worth mentioning that, in accordance with the issuance plan, Datong-Qinhuangdao railway stockTake the balance of the underwriting method, by CICC, Everbright Securities and securities and other institutions to underwrite the remaining shares, the company's fund-raising program will not be too much impact.
Related Article

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.