Gem was shot five big board: The company Circle Money personal wealth Creation

Company Circle Money Individual create rich performance problems frequently out of 20 days, GEM will be full years old. From the beginning of the listing to now, nearly a year, the "Ten Years of Grinding sword", long-awaited began to come out of the "newborn" all the time to attract the attention of the market.　　Unfortunately, however, there is far less doubt about its praise. Today, the head of the high growth and innovation "halo" of the gem is gradually away from the original intention of the establishment, the growth of serious deficiencies, the real innovative enterprises are few and far between, the scale of expansion and the pace of wealth creation is staggering, a large number of fund-raising is not useful ...　　Based on this, the recent financial commentators Cao Zhongming, such as the rhetoric of the stick, the age of rudeness, but hit its five "board."　　Circle Money Board Super raise more than 50 billion not to spend a high price issue for the gem is a normal, market participants believe that this means that the gem from the market "circle" to go more money, also led to a great waste of market resources. The original intention of the gem is to open up equity financing channels for High-tech Enterprises, however, the fact is not the case.　　At present, has listed the gem company has 123, the initial raise fund originally is 28.759 billion yuan, but actually raises the fund to be up to 84.132 billion yuan, the super raise 55.373 billion yuan, is the recruitment capital nearly twice times, average each company raises 450 million yuan. For this easy to get the extra money, many gem companies did not do production, but to buy a building, car, repay the bank debt, or even illegal misappropriation or simply put in the bank to eat interest.　　It is not surprising that the evolution from a stretched to a rich oil spill has been linked to a number of false and exaggerated arguments about the performance of many would-be listed companies.　　Create rich board 400位亿万 rich according to statistics, as of September 30, 123 gem listed companies in the top ten list of shareholders, 772 are natural persons, to the October 8 closing price calculation, at least nearly 400 have reached hundreds of billions of assets, and tens of millions of millionaires, is already countless. The top ten gem-rich, with a total market value of 41.1 billion yuan, an average of $4.11 billion per person.　　The latest data, rich list first again easy to master, as the Chairman and general manager of Shen Biology, to October 8 closed, its net worth as much as 9 billion yuan. November, the first batch of gem listed companies will usher in the non-tradable, paper wealth is about to be turned, "regal" status of the huge temptation to promote the entrepreneurial board executives "victory Big escape" phenomenon recently frequently staged. There are investors on the web so described-"entrepreneurial sincerity valuable, yeh price higher, if for money, both can be thrown."　　This is also a big spectacle of China's stock market. Junk board soon after the launch of a big face this year reported that the market for the gem "growth" of the challenge of the unprecedented upsurge. Statistics show that in the period, 105 have comparable data in the Gem company, the first half of the net profit negative growth of 23, accounting for up to 21.9%. What is more worth mentioning is that the National Union aquatic products listed only a week after the "first half of this year net profit loss of more than 13 million yuan" of the pre-deficitTold, heavy to advertise the high growth of the gem a slap in the face. Analysts said the forthcoming disclosure of the three quarterly bulletin will become the gem of the future trend of an important vane. However, from the current data, compared with small and medium-sized Enterprises, the gem company has brought little surprises. 15 companies to release the forecast of 7, a slight increase of 2, continued surplus 1, the loss of 1, the proportion of the company is only 73%.　　Haitong Securities analyst Wang Wei believes that such performance in the large-scale lifting and the current high valuation, the gem market one birthday is doomed to face heavy pressure. Speculative board speculative atmosphere is very strong the demonstration of independent innovation, radiation effect is the essence of the soul of the establishment of the gem, but at present, this effect has not been effective, this plate has been transformed into a purely profit-driven market.　　Whether from the first 28 companies listed, or after the madness of Jiffeng farm machinery, whether it is the gem to become the "club" of high-priced stocks, or from the trend of individual stocks and valuation, gem market speculation atmosphere is very strong. High turnover rate is one of the important characteristics of gem after listing. Guangdong Danone Investment Management Co., Ltd. Chairman Wu Guoping that the turnover rate is high, one is to explain the active exchange, and the second is to show that the funds involved are more short-term funds. "The higher the turnover rate, the more speculative the stock is, the more money ' bo-silly '," he says, "and then go, so that once you're weak, it tends to cause a panic fall." Only those good stocks that everyone buys are unwilling to sell, their share price performance will steadily go well.　　"Risk plate problem frequent bubble break with the gem company, senior executives, individual shareholders" overnight wealth "in sharp contrast, data show that nearly 70% of investors in the gem loss or quilt. On the other hand, the gem did not expect high growth performance, but the stock valuation level is still superior, at present, the gem overall valuation of 62 times times, far higher than the SME board 50.15 Times times and 31.72 times times the motherboard.　　From the stock situation, the ratio of more than 100 times times the shares up to 17, in the size of the ban, gem high valuation of the risk of gathering more and more.　　Based on the experience of the 1999-year Nasdaq market, the current gem, regardless of 70 times times the absolute valuation, or 3.5 times times the entire share market relative valuation, are close to the collapse limit.　　In addition, the surprise shares, PE corruption, super raise funds misappropriation, packaging whitewash performance, sponsor agencies and sponsor representatives do not perform the duties of diligence and responsibility, and so on the gem of the company's trust degree greatly compromised. Commercial news reporter Wang Dan > related reports: Gem companies tangle 51.5 billion super raise: valuation system to be adjusted the source of the gem: the effect of creating wealth and the lack of supervision the IPO effect of gem: The Madness of the creation of a factory gem positioning gradually clear profit standard implementation of high-rise business board break enterprise emerging valuation system facing test