The first high price stock of Oriental garden was reduced by organization

Source: Internet
Author: User
Keywords Reduction high price shares
Performance: Oriental Garden (002310) yesterday not only raised the 2010 interim results forecast, and proposed to all shareholders 10 to 10 send 2 yuan, affected by this, the stock opening is "one" word seal trading, once again Rong Deng the first high price stocks. Comments: The company announced that due to the listing of business development after good, the rapid growth of the new contract has increased the overall strength, resulting in a sharp increase in operating income and a rise in net interest rates, leading to a sharp rise in net profit Year-on-year, with the company to achieve a year-on-year increase in net profit from the earlier estimate of 80%-110% to 140 %-170%. At the same time, the company also intends to all shareholders 10 to 10 to send 2 yuan medium-term dividend plan. A quarterly bulletin shows that the company's first-quarter Capital Provident Fund up to 10.155 yuan per share of the unallocated profit has reached 2.62 yuan.  Only 14.5 million of the company issued shares, November 27, 2009 listed, listed only 3 months, the company has implemented 10 to increase the 5 dividend now 3 yuan, now, less than a few months, the company again launched a plan to increase equity, visible expansion of the company's desire for capital. However, although the company yesterday's share price in the positive performance of strong, and once again become the first high price stocks, but the company has been quite sought after the agency seems to appear "aesthetic fatigue." The buyer's seat in the unit, the seller's first 4 seats are institutions, the total selling amount of nearly 50 million yuan, accounting for more than half of the day turnover. Given the reduction in institutions and the current valuation is not cheap, it is recommended to wait.
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