Sinovel Wind power broke its own bad consequences

Source: Internet
Author: User
Keywords Consequences
After the first break, Sinovel wind power (601558) is likely to become "the Sea of the second": After the high price break, the stock price is in a break state, so far it is difficult to roll over. This also let in the inquiry of the agency to swallow the consequences of high prices, the first day of floating loss of about 1.89 billion yuan.  At the same time, the online purchase of investors each sign a loss of nearly 9000 yuan. Agencies in the sky quote from Swallow yesterday, the most concerned about the first high price IPO in Shanghai, Sinovel listed in the Shanghai Stock Exchange, even the top of the head of the "high growth", "emerging Industries", "clean energy" and many other dazzling aura, in the new round of broken mmmm before, Sinovel wind power is still not able to escape the bad luck of the break, A break price of $87 was quoted at the opening, which was 3.33% lower than its 90 yuan issue price.  Sinovel was in a break for the day, at the close of which it closed at 81.37 yuan, down 9.59% from its IPO price. What is worth pondering is, Sinovel's first day break, means that those in the inquiry process, the price of the quotation of the agency lifted a stone smashed their feet.  Sinovel issued 105.1 million shares, including the allocation of 21 million shares, according to yesterday's closing price calculation, this check of the inquiry agency total floating loss has been as high as 1.89 billion yuan. It is reported that prior to the inquiry process, the inquiry agency gave a 80-90 yuan inquiry interval, and Sinovel finally set a price of 90 yuan, the Shanghai IPO has reached the highest historical pricing record.  Break in the first day, the body in the lifting of the stone at the same time, but also make the online purchase of the number of losers: a sign, a loss of nearly 9000 yuan.  Figure the same value disparity in the market view, compared to sinovel high price valuation level, the market's first choice is undoubtedly the same business with the Goldwind. "From the Goldwind and Sinovel wind power comparison is not difficult to see, Sinovel wind power break is not unexpected." "Analysts point out that compared to the two companies, both the size of the business and profitability are roughly at the same level, so the market value of the two should not be small, but the reality is that Sinovel issued a market value of up to 90.9 billion yuan, almost twice times the Goldwind technology."  From this point of view, Sinovel's valuation return is likely to be just on the road. Data show that Sinovel 2009 revenue of 13.73 billion yuan, net profit of 1.89 billion yuan, net assets scale of 2.57 billion yuan.  And the goldwind data of the same period is: Revenue 10.74 billion yuan, net profit of 1.75 billion yuan, net assets scale of 5.2 billion yuan. "Even excluding the apparently unreasonable market value gap between Goldwind and Sinovel, the price/earnings ratio should be balanced in terms of price/earnings ratios," he said.  "Analysts pointed out that sinovel dynamic distribution of 36 times times, and Goldwind is only 28 times times, so Sinovel will only have two results after the IPO: either Goldwind's share price rose to the Sinovel wind power, or sinovel fell to goldwind technology close. Future Fear ChenghaipuriSecond, perhaps the first day break for swallow a lot of the worst results of the inquiry agency to see is not the best, analysts predict that Sinovel will probably step in the footsteps of the following, high price listing break, the stock price in a break state is difficult to effectively roll over.  Because Sinovel and Hai-Puri have two major similarities: first, both have a very good growth and segmentation industry, and the second is that both of the investor's questioning sound with the first high price IPO listing. It is reported that Hepalink last May 6, after the third day after the break, although by a good trend in the environment was last November regained the issue price, but it is a short-lived, and then quickly return to break state.  Sinovel wind power will really become the second, it is worth attention. Although the late trend is unpredictable, but what can be seen is that some of the agencies through the network to check the number of institutions seem to have been aware, on the first day they chose to flee.  Shanghai's public information showed that yesterday's two-body seats into sinovel sales of the first five, the total sold 41.13 million yuan. Commercial newspaper reporter Yu Yuqing
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