Shinfat Technology announced after the scheme continued to fall

Source: Internet
Author: User
Keywords Stop
Asset injection is an unforeseen opportunity to make money, and if you hold stock before the enterprise asset injection is suspended, congratulations on the "Fast train to Spring". 08 market downturn, the military photoelectric due to its assets injected into a dark horse at that time, a number of trading counter trend and move, so far still make a lot of investors remember. But when the market washed up 3,100 points, the fundamentals are significantly better in 2008, into the technology of asset injection has brought unexpected results to investors. After the opening is two fall, as of May 19 has appeared 4 fell, so many investors surprised.  Why is this happening? The injection of the loss of April 7, when the technology closed the whole day rose to 5.59%, while the Shanghai Composite Index was down 1.9%. The following day, the company issued a notice of suspension, revealing the reason for the price of anger, the company is targeted additional. In other words, large shareholder assets should be injected. This announcement, a well-informed, ambush "arbitrage" must be a burst of ecstasy, are believed to have boarded the "train to the spring." However, the company April 30 issued a duplicate announcement, but mercilessly stabbed these "arbitrage" fantasy bubble.  On that day, the technology opened soon after the opening of the fall, the second day fell 10% again. Why is this happening? "In accordance with the usual trend of aerospace industry and military stocks, the issuance of the program or the actual implementation will cause the market is extremely sought after, but from the technology of the issue of the results, it is embarrassing." East China Sea Securities analyst Shangjian said.  Shangjian said that the company's asset injection of the overall programme is far below market expectations is the main reason. The company "Non-public offering stock plan" shows that the non-public offerings are intended to be used for "joint venture to establish China-Kazakhstan axis project", "acquisition of the company's aviation engine related business assets" and "aviation engine and gas turbine casing, blades, sheet metal and Heat table Specialized Center construction project" three projects.  The issue price is not less than 25.89 yuan/share, after deducting the issuance fee, the net amount of raise funds is not more than 980 million yuan. And the earlier market generally expected to inject the group's existing "into the aircraft" and "Cheng Fako can" two high-quality assets, and at present only "into the aircraft" into the plan, and "Cheng Fako can" injection of the expectations have failed. Some brokers think "Cheng Fako can" profitability at least for the listed company's net profit of twice times, Dong Secret Li Zhiwei also to "Red Weekly" admits: "section can" part of the profitability is really good, net profit of 7000-8000 million.  But the profitability of the Cheng Fako axis and other projects can not be compared with the "energy", which is the main reason for the decline. The mystery of Avic's strategy became a science and technology Dong Li Zhiwei to "Red Weekly" stressed: "This and China Airlines Kazakhstan axis joint venture company is AVIC Group strategy."  Shangjian, an analyst at the East China Sea, said: "From the perspective of the company's controlling shareholder, the group has committed to the second line in the AVIC system, thus reducing the ability to prop up the listed companies." Shangjian also watch, the integrated thinking of AVIC industry, the existing 21 listed companies will be divided into two categories, three small categories. Among them, the orientation of the main business, the development of a clear aviation listed companies as a major category, by the direct jurisdiction of AVIC, the asset integration and asset injection, listed companies can choose the corresponding high-quality assets into listed companies in accordance with the needs of the main business development, such as West Fly International, Hafei shares; for small , the main positioning has not yet been clear on the aviation listed companies and other categories of non-aviation industry listed companies were converted into the second category, by its corresponding holding shareholders for asset reorganization and injection, the AVIC industry will be part of the autonomy to the two level group, such as the development of technology and so on. In this way, the second largest type of listed companies are often only within the group "buy" high-quality assets.  However, "Cheng Fako can" is the development of the group's own high-quality assets, can not be injected into the development of technology, visible group integration capacity will be further weakened.  What's the value of the Harley axis? The main reason for the sharp fall in SHINFAT technology is that the market generally expects "AVIC" to be less profitable than "Cheng Fako". Southwest Securities analyst Panglinglin that: "Into the technology this injection of assets only" into a flight aircraft, but the market more fancy "Cheng Fako can", but not involved. There are "aircraft" no "section can", restructuring less than expected.  "After a series of two consecutive fall, and everyone expected" division can "assets into" Kazakhstan axis "has a great relationship," one investor told the Red Weekly. Cheng Fako Chengdu Engine (Group) Co., Ltd. is specialized in industrial power equipment research and development, production and sales units. The main products are more than the pressure turbine power generation equipment (blast furnace gas residual pressure turbine power plant--GT series, smoke turbine--CFT series), Compressors (axial flow compressor--ACL series), waste heat turbine power generation equipment (cement kiln waste heat generation, sintering heat generation, converter waste heat power generation and other series).  Cheng Fako can have a wealth of project package experience, its turbine machinery internal flow channel, blade modeling, operating conditions, vibration control, shaft sealing and mechanical protection technology in the domestic advanced level, especially in the aerodynamic design has reached the international industry first-class level, the current products have been exported to Brazil, Malaysia and other countries. East China Sea Securities also said the company began to explode in 2007, large-scale promotion of products, 2008 sales reached 550 million yuan. Company 2007 has achieved sales profit of 55 million yuan.  In addition, the company's 2009 order volume growth is considerable, this asset its quality is self-evident. Reporters on the "avic Kazakh axis" of the asset situation, profitability and other financial situation interview Dong Li Zhiwei, Li Zhiwei said: He is also suspended after contact bearing this field, so it is not deep understanding.  Specific financial data will not be known until after the shareholders ' meeting in June. However, Li Zhiwei repeatedly said to reporters: "This private issue is the company's controlling shareholder in the implementation of its share reform in the process of the gradual infusion of high-quality assets into a commitment to the specificOne of the initiatives, the joint venture to set up a Sino-Kazakh axis, is to extend the company's business to high-end bearings business area.  And repeatedly stressed that this is AVIC group's strategy. Whether to get involved or cut the meat out, it seems only until June to know. This newspaper will continue to follow.
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