Kane shares share price move US lithium battery giant to visit with financial predators
Source: Internet
Author: User
KeywordsStock price Giant move Kane.
Once deeply immersed in the "public opinion swirl" of the Kane stake, after a period of silence, seems to have again attracted the attention of the market. November 4, Kane shares rose by 8.36% on the day, from August 27 to date, Kane's shares rose from the lowest 13.18 yuan to 21.9 yuan, the cumulative gain of 66%. July 27, Kane shares in the "reporter wanted" incident, the stock price was once depressed, compared with the same type of new energy concept, its rise is much smaller, in the new energy leader into the flying integration, the next one months, the company's shares rose close to 0, become a "neglected" new Energy concept unit, It was one months before the market looked up. "It's actually worth a lot of similar listed companies to rethink, that is, in addition to the performance and concept, the image of the capital market will be crucial in determining the company's share price in the future," said one senior market person, "especially in the case of a local star company like Kane, where the wanted affair may be a rethink. Thus a profound understanding and understanding of the capital market an opportunity. "Neglected" the concept of new Energy October 12, 2010, Kane shares issued a private offering of shares plan, the proposed non-public offering of not more than 50 million shares. The benchmark date for the non-public offering is the date of the resolution of the third meeting of the fifth session of the Board. The issue price is not less than 90% of the average value of 20 trading days before the pricing benchmark, that is, the issue price is not less than 15.45 yuan/share. The Non-public offering and raising funds after deducting the issue fees, all put into an annual output of 11,000 tons of electrical paper production line technical renovation project and annual output of 14,000 tons of paper series special papers technical renovation project, in addition to the increase of capital Zhejiang Kai sheng Lithium Battery Co., Ltd. to implement the lithium-ion power batteries. The next day, when Cain announced a private offering, the shares fell back, with a 10% per cent decline in the following four trading days. By contrast, July 6, into the fly integration announced the non-public issue of stock plans, the company intends to be no less than 9.70 yuan/share price to not more than 10 specific objects issued 106 million shares, raise not more than 1.02 billion yuan, add in the lithium-ion battery project. Then from July 6 to September 9, a short period of two months, into the fly integrated share price from 12.6 yuan rose to 52.3 yuan. Rose by as much as 315%. The same story, different treatment, Kane shares should realize the "Heaven and Hell" difference. A researcher analysis that, Kane shares suffered a cold shoulder, on the one hand is the company image problem, but also with lithium battery hype climax has been related. In fact, Kane is "up early and catching a late episode" in New Energy. As early as May 15, 2009, Kane shares on the announcement that the proposed strong battery new business, the first step with its own funds and bank loans of 96.4886 million yuan to buy large shareholder Kane Group and the group work related people Wu Eagle held the Kane Battery cumulative 78.8% of the stake The second step through the directional additional financing 250 million yuan, big battery business。 "The battery business will become an important growth point for the company's future profits and enhance the company's overall profitability," Cain said. June 26, 2009, Kane shares completed the acquisition of Kane Battery. But on January 11, 2010, Kane's shares halted directional issuance, citing "uncertainty over the impact of the company's battery on the firm after the completion of acquisitions and non-public offerings, influenced by macroeconomic fluctuations and industrial policies". 9 months later, Cain picked up the story of new energy. What will the market look like this time? The imagination of the foreign monk in fact, according to people familiar with the situation, the recent stock price of Kane's shares Mihui, in addition to additional, may be related to the company's new energy giants. It is understood that this is Wang Bai Lang as a company to reverse the bad image, reshaping the market attractive opportunity. "In early November, the American A123 and the British investment agency Astin Capital Management company visited Wang Bai Lang. The person said. The reporter searched the A123 company through the Internet. A123 was founded in 2001 at the Massachusetts Institute of Technology (MIT), and one of the 3 founders was yet-ming Chiang (Kang Yeming), a Chinese professor of materials science and Engineering at MIT, a business research consultant at MIT Ric Fulop, The other is Dr. Bart Riley, a technology-long Cornell University material science doctor. A123 just set up, the total number of employees only 5, the source of funds only the United States Department of Energy's Science and technology projects funded 100,000 U.S. dollars, the rest of the only from MIT to take out 0.5 grams of material. But at the moment, A123 's capital has surged to $102 million trillion, employs more than 250 people, orders from the top 500 companies in the world are more than 100 million dollars, and now produces millions of battery cores (cell) and hundreds of tons of positive material powder annually. A123 is headquartered in Watertown, Massachusetts, the United States, currently in Taiwan, Korea and mainland China to cooperate on behalf of the factory to obtain a total area of 100,000 square meters of exclusive manufacturing plant. At present, A123Systems are cylindrical lithium batteries. Existing clients include AES, BAE Systems, Black and Decker, Cessna, Chrysler, and General Motors. A123 is now also working with GM to develop a lithium-iron phosphate battery module for automobiles and buses. The Volt concept concept electric vehicle, which was exhibited by GM earlier this year, was developed jointly by GM and the US Cobasys company, and the lithium iron phosphate rechargeable battery was produced by A123. And Astin Asia is a well-known British investment institutions Astin Capital Management Co., Ltd. Hong Kong Branch, was founded in 2002, mainly in private equity capital markets. According to the source, A123 this trip reflects the U.S. new energy technology giants in the Chinese market coveted, "The Future of China is a new energy vehiclesThe largest experimental field, they have to step up the layout in order to cut a piece in the future of China's new energy car cake, and look for a company such as Kane, on the one hand, because of its customer resources and vertical industry chain, on the other hand, because of its private enterprise mechanism more flexible, and the other side of the bargaining chip "In fact, according to the early August this year, the draft of the new Energy vehicle industry plan drafted by the NDRC, proposed 100 billion investment plan, market scale world first goal." 2020, China's new energy vehicle industrialization and market scale reached the world's first. Among them, the number of new energy vehicles has reached 5 million vehicles, and the energy-saving vehicles represented by hybrid vehicles have sold up to 15 million vehicles per year. "This means that China will be the most important competition for new energy vehicles in the future, and that the location of the card and the Chinese market is the choice for these giants," Zhang Shiyuan, chief analyst at Southwest Securities. Kane's reflection record in fact, Kenmi New Energy, the new energy giants, the United States is eager to change their market image, but also with the company's financing needs are closely related. However, it is worth Kane and the capital market to reflect: in the capital market, in addition to the performance of this hard indicators, the company's image is positive, to some extent, determines whether the company enjoys a premium. In fact, similar cases are not uncommon, the company's capital market image is positive, not only to bring the company a higher industry premium, but also in refinancing and other aspects are easy to be sought after. Typical case is like real estate enterprise Vanke, because of its good corporate image, after listing, in refinancing has been the institutional support: 21 9 Financing 25 billion, dividend only 3 billion. However, after 2008 years of "5·12" earthquake, Vanke corporate image has been greatly affected, after the financing is often subjected to torture. August 2009, Vanke has said that the proposed public offering a shares, the number of shares does not exceed the IPO letter of intent of the total share of the 8%, deduction of the issue fee after the net raise not more than 11.2 billion yuan. But then came the harsh criticism from all walks of life. Mr Cayne has also been questioned after the "wanted men" incident, and even fund managers who hold their shares are under great pressure. This shows that "image is productivity." "However, a listed company after the crisis, if able to survive, the bitter experience, introspection and adjustment, perhaps the crisis can also become an enterprise, especially small and medium-sized enterprises to grow an opportunity," the Bohai Securities Institute director Cheng Wenwei said, "Some do reverse trading investors may prefer the problem company, because the problem is exposed, No more bad, to the company is the turning point. "Similar cases in the market are also many, far from such as the Yili stock, because of the melamine incident, August 2008 to October 28, 2008, two months of time, Yili's share price fell nearly 60%, on October 28 day, Yili shares in the price of the lowest to 6.45 yuan, the day with 6.84 yuan closed." Turned out to be the end of history.The near-Zijin mining industry, which fell to $4.97 on July 19 this year after a spate of environmental incidents, staged a retaliatory rebound of nearly double in October. "These stories tell us that the logic of capital is like Dickens's saying, ' This is the worst time, the best time ', the problem is that investors need to read this sentence." "An investor who declined to be named, concluded.
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