Stock analyst David Chengyi the potential decline of international shares by up to 97%

Source: Internet
Author: User
Keywords Stock stock analyst
Tags analysis information market opening stock stock analyst view web
View the latest quotes April 15 afternoon News Italian Horse International (00585.HK) before the opening of the market this morning, pending the release of price-sensitive information, suspended before the 0.242 yuan (HKD, hereinafter).  Italian horse is restructuring, plans to share 10 to another four proportion of shares, the famous analyst David Webb criticized, the potential decline in share prices reached 97%.  David Webb, who wrote an analysis on the web, Italy-Malaysia International's share price has soared since the Friday, with shares up 6 times times in the past 4 days, more than 600 million, equivalent to 1.8 times times that of existing equity, which he believes has not been seen since the Asian Fruit Industry (00073.HK) was listed. The article said that the Italian horse stock price is actually equivalent to the right before the 0.007 yuan per share, compared to the current discount of 97%.  Assuming that the shares and shares are completed after the completion of each share price is equal to 2.42 yuan, that is, the market value of 17.8 billion, but its book assets value of only 540 million yuan, that is, 0.073 yuan per share, the city accounts rate of more than 33 times times.  David Webb also criticized the new shareholder Leung and Jongzhuyi of Italy's horse, who had caused significant damage to their shareholders at Peregrine and PCCW. He also said that the Italian horse will be apart from the right day and 10 of the shares in a two-day separation, easy to make the investors misunderstanding, in Friday, he proposed to the HKEx to ask the investors to clarify the issue. (Peng from Hong Kong)
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