The most mysterious share of the same side: assets in the end how much more than 11个百 vision

Investors said, according to the annual spin-off and Shell listed 2-3 subsidiaries, the same side two years after holding market value conservative also in 8 billion-10,000,000,011 months 4th, the same side shares (600100.　　SH) once trading, but eventually to 9.05% of the rise in the closing, these years, the same side shares refused to soar, refused to be the truth. In this regard, a long-term analysis of the shares of the securities brokerage researcher expected: "The same side shares have a more explicit listing of the expected (blockbuster), so it should be relatively normal performance."　　However, for a large number of latent "side holding", this may be "an aircraft carrier just materialize," note that the words of Shanghai well-known private-equity people have a pun.　　Test your imagination. Capital distribution: Hundred-vision is the biggest, and another investor told The Weekly Reporter: "Do you know how many assets there are in the shares?" How many can be listed, how many are still hidden? "This can be counted from the beginning of the hundred-vision. The company is the vanguard of the concept of split-listing of shares in the same party.　　In the third quarter, the Long-awaited IPO finally showed signs of acceleration.　　July, the same party transfer 9.16 million shares of the total 4.63% of the shares, the transfer amount of 97.37 million yuan, has been confirmed in the third quarter of the benefit of the September transfer of hundred-vision shares 29.1 million shares to Shanghai Oriental Media Group, the transfer amount of 309 million yuan. In the quarter, the shareholding adjustment of the hundred-vision shares continued to move forward.　　October 20, the same-side shares announcement, the hundred-vision increase of 66.5596 million yuan, by Shanghai Oriental Media Group, Shanghai Cheng Bei Investment consulting company, Shanghai United Investment Company, and so on, the shares held by the same side of the hundred-vision shares were diluted to 15.466%. Those in the investment community believe that it is essential that the shares of the same party relinquish the position of the largest shareholder: "This is a concession that must be made for the blockbuster, and in the long run it is indeed good for the shares." One is the transfer of the investment gains can be faster, performance growth is assured that the No. 200, after the listing can bring it a huge increase in market capitalisation.　　"If there is no accident, in 2010 years will be able to confirm the total transfer of the investment benefit, then the total can be confirmed about 320 million yuan per share of EPS amounted to 0.32 yuan." In Shanghai radio and television to establish a holding position, as of September 2, broadcasting information (600637. SH) suspension of major asset reorganization.　　Sources said, backdoor radio and television information is very likely to be finalized recently, radio and television information is about to be a card. In 2009, the net profit was about 200 million yuan, which grew close to 2,200%. According to the investment community, the total net profit for 2010 years is expected to be 250 million-300 million, with a growth of around 30%, and the overall net profit is expected to increase by 350 million to around 400 million by 2011. "At present, the media stock valuation of PE in about 40-50 times, and the hundred-vision business if successful listing, with good performance and licensing monopoly advantage, after the listing of PE may be up to 50-60 times times, the overall market value can reach about 18 billion-20 billion.　　If the conservative according to the listing of further diluted shareholding 10% calculation, the share of shares held by the market value of about 1.8 billion to 2 billion. This is just the tip of the iceberg.　　2009, the same side of the shares into the consolidated statement of the scope of the company reached 99, the investment income of equity companies accounted for 56.48% of the total profit. There are also 10 "hundred-vision" in addition to the hundred-vision, the investment sector Analysis: "With Fang Microelectronics, with the side of Taikang, the same side of the network, the same side of the industry, Harbin Water, easy technology, with the Fang Wei, with Fonrian technology, with the side apperance technology, with the square of radio and television technology and many other equity companies have a good listing prospects. "The same side microelectronics IPO will be strong, a number of securities analysts to reporters confirmed the matter."　　Its 2010 net profit of about 100 million yuan, referring to the National Technology (300077) of the valuation level, can give the same microelectronics 2010 50-60 times the PE, the total market value of 5 billion-6 billion yuan, diluted after the share of the shares of about 35%, the corresponding market value reached 1.5 billion-2 billion yuan.　　Taikang 2010 net profit of 10 million U.S. dollars, will be completed in Singapore before the end of the listing, the same side shareholding 46%, according to 8 times times PE calculation, market capitalisation of about 500 million yuan, the same side corresponding to the market value of 220 million. Knowledge Network (CNKI), focusing on academic journals, newspapers and periodicals, academic papers, yearbooks, books and other information related to the spread of the Internet publishing and service business areas.　　The growth rate of knowledge net business has been maintained at 10%-20% for nearly five years. "At present, the net accounts of about 400 million of cash, and in the management of the shareholding scheme, in the next 1-2 years have a strong listing plan."　　"The Shanghai private sector personage discloses to the reporter. "In the light of the current valuation status of Internet and media enterprises in the two-tier market, it can be achieved at least 6 billion to 8 billion market value, such as the company's market value of 4 billion to 5 billion, as measured by the diluted 30%." "Yi Cheng Technology, in the field of high-speed rail customer systems have an absolute advantage, with the share of the shares of 40%." "At present, Yicheng in hand orders accumulated more than 5 billion, is expected to complete the confirmation 2014 years ago." The optimistic estimate for this year is 600 million to 700 million.　　The private sector told reporters. "and easy technology and high-speed railway investment development is closely related, the next 1-2 years there is a strong desire to do bigger and stronger."　　"The private-equity survey concluded.　　Referring to the current valuation status of the two-tier high speed rail-related equipment provider, the success of the process can reach at least 8 billion to 10 billion market value, according to the diluted 30%, the corresponding market value of shares in 5 billion to 6 billion. Harbin Water Services, is another industry is aware of the listing will be strong companies. "I understand that it is very likely that the same party will be able to package water related assets on the market."　　The securities researcher said to reporters. Another investor in the investment community also confirmed to reporters: "Harbin water, investment banks have been ready, and the Heilongjiang government is very supportive." EstimatedThe fastest next year in the domestic motherboard listing. "Shares of the same party currently owns 10% of Harbin Water Supply, which is expected to be diluted to 6%-7% when it is listed."　　If in accordance with the 2011 growth of 30%, 30 times times PE calculation, after the listing of shares share of the market value will reach about 300 million. "If the rate of 2-3 subsidiaries listed on the basis of the annual spin-off and reorganization of the shell, the same party two years after the holding market value of conservative also in 8 billion-10 billion yuan, if the optimism can reach 13 billion-15 billion yuan."　　"The investment community, who has long followed the research on the same side, said. "Can only be said, obviously, gravely, underestimated.　　The above three terms are summarized in the above investment sector.　　At present, the total market value of the same party shares is about 28 billion yuan.　　Underwater icebergs: Other hidden assets are still just the tip of the iceberg, and some of the assets hidden beneath the surface are worth your attention. The newly established holding subsidiary of the same party shares with the investment company has signed a framework joint venture agreement with Xinjiang Urumqi Gas Corporation to join hands in the formation of Xinjiang Gas group. According to a first-line survey of private placement to the financial weekly revealed: "Shares of the same party is currently holding about 50% of Xinjiang Gas, 2010 net profit of about 100 million, the future may retain about 20% of the equity, to achieve the listing plan." "And the industry expects that the future of the shares of the big shareholder Tsinghua holding the Tsinghua Press will be injected into the same party shares."　　Tsinghua Press 2010 profit size around 100 million. More private-equity insiders know: "The same-side shares of military enterprises in the country in Wuhan to design the aircraft carrier program." "2011, Tsinghua University will usher in the centennial anniversary." "Based on the background of the shares of the same party, in 2011 will usher in Tsinghua University centenary, so the industry on the same side shares have high forward expectations."　　"Shanghai Private equity person to reporter analysis way.　　However, according to Tsinghua University computer department insiders revealed that the same side of the shares are now strictly independent operation, now Tsinghua University research force has no direct support, Tsinghua students directly into the same side of the shares are increasingly less. As of the press deadline, radio and television information and Crystal Source electronics is still in suspension, the same side of the trend of how no one knows, and this article at the beginning of the senior investor's question is worth pondering: "There are agencies within two years to predict the potential to 300 yuan, you think?"　　"Can the same side be the next Fosun?" 2010, the same side of the shares carried out business carding and classification, large categories of industries are still involved in the information industry (81%) and Energy Environmental Protection Industry (18%), on this basis, divided into 10 industrial headquarters, a total of computer, digital city, IoT applications, microelectronics and RF technology, multimedia, semiconductors and lighting, knowledge network　　, military industry, digital television, environmental science and technology a total of 10 headquarters, plus with the Taihau and technology, formed a "10+2" business structure.　　In the information industry and the new energy field, the same side is almost pervasive, and with the national development Strategy to maintain a high degree of consistency, the tentacles of the shares have been involved in a wide range. OneA southern brokerage researcher told reporters: "The same side of the stake is now very difficult to say that its main business is to do the computer, it is now a path to all-round development." "" Its core competitiveness, the first is backed by Tsinghua, technical strength, at least in the domestic is the first Echelon, team members are mostly Tsinghua students, quality assurance; the second is more money, sufficient funds, can meet the development of diversification. Moreover, it is clear that it follows the national strategy. "Of course, it is the way to diversify, in the spread of risk, it must also bring great pressure on management efficiency."　　"The securities researchers believe that the two sides of diversification, the same side can not be avoided." A senior private placement manager in Shanghai commented: "The same side of this strategy, to see how many great companies can be born, it is impossible to all very good, wide net, there is certainly a profit of the loss." Whether to become the next Fosun Group remains to be seen, after all, Fosun's business acumen is good. "Computer business is the traditional main industry of the same side, but because of the fierce market competition, the share is basically stable, the profession is serious and other factors influence, the growth potential is not big." "We have to say that the strategy of diversification is also prescient."　　"said the analyst evaluation of the securities broker.　　The same side of the digital city company has completed thousands of related construction and renovation projects, the cumulative product and project contract amount of more than 10 billion yuan. In the military, the shares of the same side of the business is relatively miscellaneous.　　Civil ships in 2010 caused a loss of about 30 million-40 million due to the steamboat problems of two German ships.　　Television business, the original sharp China home Appliances headquarters deputy general manager Liu Wei joined the same side, as the same side of the multimedia industry headquarters deputy general manager of the post.　　LED, the same party shares Shunyi base and Nantong base of the main management team from Taiwan's first-line manufacturers, and according to Shanghai private equity revealed "will soon solve its shareholding problem", the current mass production situation is good.　　In addition, Nantong base is expected to arrive this year 25 units MOCVD, according to the current subsidy standard, each department can obtain the government subsidy 10 million yuan, total can obtain 250 million yuan subsidy. "In general, the investment income of the shares of the same party is mainly from the equity companies, which is expected to continue to increase."　　"said the southern brokerage researcher. Another researcher is more optimistic: "For a long time, the same side of the industry incubation has been invested, to some extent, to suppress the performance of the same side, resulting in the market to the company's subsidiaries seriously underestimated the value of the spin-off will activate the value revaluation space." The market capitalisation of subsidiaries may swell sharply after the break-up. ”