"Lean meat essence" affects revenue 1.34 billion double sinks development today facing market test

Source: Internet
Author: User
The suspension of verification of more than January after the licensing, "poisoned" by the lean meat of the double sinks today face market test: The various investors on the event of different judgments and measures will be fully reflected in the company's stock price trend. At the end of March this year, the Ministry of Agriculture in Henan Pig "lean meat Fine" event to give a conclusion, said that Henan "lean meat Fine" case is a few counties and cities of the minority knowingly banned still illegal production, sale and use of the illegal use of "clenbuterol" is only an individual phenomenon.  The double sinks development in today's announcement, first of all its proposed assets Jiyuan double sinks into the "lean meat pig" to give explanation. The development of double sinks indicated that because of the Jiyuan of individual employees in the implementation of the detection system, the lack of due diligence, resulting in a small number of feeding "lean" pigs into the Jiyuan plant, and then the Jiyuan double-sinks product test results also show that this "lean meat essence Incident" should be a case. According to the company, Jiyuan production of soup ham, elbow flower ham and other 75 kinds of product specifications for "lean meat Fine" project special inspection, did not detect "lean meat sperm."  As of March 31, the company has received a nationwide government law enforcement departments of 20 subsidiaries of 338 product inspection reports, the report shows that the cold meat and meat products have not been detected "lean meat sperm." Although the double sinks in the event of the launch of the "lean meat sperm" online inspection and other remedial measures, but this incident on the sale of double sinks impact. Through the development of double sinks confirmed that since March 15, because of the "lean meat fine" incident, some of the regional distribution of dual-exchange products shopping malls, supermarkets, special stores appear products under the shelf,  Only March is expected to affect the double Exchange group operating income of 1.36 billion yuan, which affects the development of two-way trading income of 1.34 billion yuan (including sales of double Exchange Group products revenue). Since March is the off-season for meat sales, the impact of this event on the short-term performance of the development of double sinks is not significant. The company is expected to achieve a net profit of 265 million to 270 million yuan in the first quarter, up 10% to 12.5% per cent compared with the same period last year (the retroactive adjustment of the 9 corporate data bought by the corporate accounting standards)  Basic earnings per share of 0.4373 to 0.4455 Yuan, but the first quarter net profit growth compared with the normal level of the previous period declined. The double sinks development also said that the double sinks group and the listed company also will vigorously promote the major assets reorganization work, and sees the Jiyuan double sinks the further investigation progress, maintains the communication with the supervisory authority.  At the same time, the company will take positive measures to resume production and operation, and depending on the relevant recovery situation of the asset reorganization to be injected into the value of assets evaluation. However, in the eyes of investors, the current concern is undoubtedly the double sinks development of the share price trend.  Looking back on the stock performance of the day before the two-link development, institutional investors have split their valuations, with the top five of the selling and buying positions on the March 15, and as the event becomes clearer, investors ' recognition of the double sinks will be directly reflected in the share price. By summing up the stock price trend of dairy stocks after the "Sanlu incident", the research institutions generally believe that if the double sinks developAfter the flop, there will be some investment opportunities.  Guotai said that the dual-remittance development this year to meet the 3 yuan/share performance commitment is more likely, and if the share price fell below 65 yuan, it is very attractive. In fact, because of the 56 yuan/share offer bid "fallback", so the double sinks development share price after a succession of the possibility of a sharp decline. The development of double sinks announced last November that the Thai group replaced Goldman Sachs and Ding Hui as the actual controllers of listed companies through foreign equity changes, and will fulfill the offer acquisition obligation by 56 yuan/share. It is worth mentioning that, although the actual control of human changes and double sinks development of major asset reorganization at the same time, but the two independent operation, not mutually premise. Such a setting also means that even if the development of the overall listing plan for the future stranded, if the company's share price fell to 56 yuan below, investors can timing buy and through the offer to complete the risk-free arbitrage, and this will virtually form a strong support for the company's share price. Responsible Editor: NF045

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