Hebei East Cement Diversion

Source: Internet
Author: User
Keywords Cement Jidong
Diversion, "36" of the six, refers to the surface claimed to attack the east, is actually attacking the West, so that the enemy to produce a false illusion of a tactic.  And a A-share market familiar with the "diversion" of the companies and institutions are not a few, they will release a variety of mouth to heart news, confusing to seek benefits. Due to the reorganization of St Qinling and the suspension of Jidong Cement (600217), announced a moratorium on restructuring to introduce foreign capital, the market for Jidong cement this recruit "diversion" quite shocked.  And even more strange is that Jidong cement two major shareholders in the suspension before the stability of the stock price in order to spend more than 1 billion yuan overweight company shares, people have to wonder whether this is Jidong cement "diversion" of the plan. Claiming that the restructuring actually introduced foreign capital May 7, Jidong Cement and St Qinling also suspended and issued a notice, to formally start a major asset reorganization procedures, to negotiate the development of Qinling Cement issued shares to purchase assets of the specific program. The announcement showed that Jidong cement agreed to have the conditions for all investors to give shares, and pledged to Jidong cement in Shaanxi province cement assets in the way of directional additional injection into St Qinling. Jidong Cement also pledged to inject assets for 2010 years of net profit of not less than 200 million yuan.  At the same time, the company is expected to be a duplicate by June 7. Just as everyone is looking forward to the reorganization results, June 7 Jidong Cement and St Qinling again issued a notice said, in the stock suspension, the company and the relevant parties to the major assets reorganization matters had a positive communication, but the major asset restructuring program is still immature.  St Qinling will be on June 7, and in 3 months no longer planning major assets reorganization matters. But only the St Qinling, Jidong Cement announced that the company intends to plan the introduction of targeted financing schemes to introduce foreign strategic investors, the company's shares since today continue to suspend business.  For a time, market rumors, many market analysts said that the mysterious foreign aid is very likely to be with the company known as Heidelberg Cement. Flower Fall Stone Market a piece of applause finally foreign aid is not the legendary Heidelberg cement, but is unknown stone investment.  The company announced on June 22 that the company intends to 14.21 yuan per share of the price to stone investment issue 134 million shares, completed after the total number of shares of the company 10%, the total amount of capital raised is about 1.914 billion yuan.  Market people for Jidong cement "diversion" to abandon restructuring to introduce foreign strategic investors stone investment is quite surprised at the same time, also said the move for the future development of Jidong cement is absolutely positive. On the one hand, although the stone investment itself is a newly established mystery company, but its large shareholder new days Domain capital is quite strong, including Sichuan Mei Feng, China Joint heavy industry, Goldwind, Chongqing department stores, such as many listed companies on the list of shareholders can see its figure. And the real control of Dmil, another shareholder, is the Singapore Treasury. It can be seen that foreign investors are very good qualifications. On the other hand, Jidong cement in recent years due to the development of strategic demand for mergers and acquisitions, resulting in negative corporate assetsThe debt rate has reached 67.95%, while the cement industry's average asset-liability ratio for listed companies is 46.19%.  After the investment injection, the company's financial situation and financial pressure will be greatly improved.  Accurate copy of the bottom of the shareholders in spite of the market is applauded, but Jidong cement major shareholders before the suspension of the purchase of their own shares of the behavior of the people can not help but Lenovo, this is a insider trading, and whether the company also since the guidance of a "diversion" of the plan? Jidong Cement, the second largest shareholder conch Cement April 29 issued a notice, conch cement through concentrated trading increased in Jidong cement 60.625 million shares; a day later, Jidong Cement's major shareholder Jidong Development Group in this April 29 through the Shenzhen Stock Exchange trading system, increase in Jidong cement shares 7.57 million shares.  If according to Jidong Cement announced "the average cost of overweight shares is 15.10 yuan/share" calculation, two companies total use of funds up to 1.03 billion yuan. "At that time I thought that Jidong cement major shareholder overweight is to stabilize the stock price, now it seems really ironic." "A market analyst regrets, Jidong cement large shareholder time, just select in the market unilateral decline, the listed companies shareholders and executives have expressed increased holdings of the company's shares, but Jidong cement shareholders to increase the real intention of the stock, I am afraid only they know.
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