The peak of Heavenly creations made history to make money the fastest "PE"

Source: Internet
Author: User
Keywords Historically the fastest money
Since July 22 disclosed the reorganization plan and after the card, the peak heavenly creations (600335. SH) has been keeping up the upward trend.  August 26, the peak of Heavenly creations closed at 18.24 Yuan, this company June 10 before the closing price of 8.18 Yuan Rose 122.9%.  And according to this stock price, in the reorganization of the precision before the Bohai Sea, the floating surplus has been more than 500 million, become the fastest money in the history of "PE". According to the previous reorganization plan, the company intends to replace the equivalent shareholding of China Import Automobile Trading Co., Ltd. (hereinafter referred to as the Chinese motor trade) with all assets and liabilities, and the state-owned machinery group and Tianjin Bohai State Assets Management Co., Ltd. (hereinafter referred to as Tianjin Bohai) issued shares,  Buy state machine group and Tianjin Bohai Sea held in the remaining shares in the automobile trade. In the auto trade is the national Machinery Group of automobile trading and service core enterprises. 2009, the main business income of China into the automobile trade breakthrough 13 billion yuan.  The main business areas of the import and export trade involving auto wholesale, automotive retailing and trading services. After April 2004, the Sino-Motor trade has been the national Machinery Group's wholly owned subsidiary.  However, according to the reorganization plan, June 28, 2010, the National machinery Group issued the "Agreement on the approval of China Import Automobile Trade Co., Ltd." (State machine Capital [2010]444 number), agreed to Tianjin Bohai to import and export trade with money to increase capital. and Tianjin Bohai Sea is not small.  According to the public information, the company was established in May 2008, Tianjin Sasac owns 100% of its equity, the company is mainly engaged in asset acquisition, asset disposal and related industrial investment, state-owned production (stock) Rights management, land acquisition, reserve, collation and other business. The timing of this replenishment is very accurate.  Because as early as June 10, the heyday because of "important issues not announced" and the whole day suspension, June 11, the company officially disclosed "to the actual control of the state machinery Group notice, the state machine group is planning with the company related to the major assets reorganization matters." According to the national machinery Group, Tianjin Bohai Sea, import and export trade signed the "capital increase agreement", the parties agree to the Sino-Steam trade assets evaluation based on the value of "(June 20, 2010, the Sino-Union Asset Assessment Co., Ltd. issued the" China Imports Auto Trading Co.  No. 528), as at April 30, 2010, the valuation value of the 217,236.570,000 yuan in the trading capital, Tianjin Bohai Sea increase of 400 million yuan, the subscription to enter the auto trade 15.55% of the equity. The purpose of the national Machinery Group was clearly disclosed in the reorganization plan, "in order to carry out the strategic cooperation between the central enterprises and local SASAC in accordance with the principle of marketization, and realize the central and local complementary advantages, mutual benefit, and harmonious development, to realize the preservation and increment of state-owned assets and to exert the leading role of state-owned economy, At the same time to consider the import and export trade and Tianjin municipal government long-term cooperative relations, the company most of the imported vehicles through the Tianjin Port Declaration, national machinery Group and Tianjin SasacSubordinate wholly-owned company Tianjin Bohai Sea to reach strategic cooperation intention.  Not only that, according to the reorganization plan, in the automobile trade and 3 4S stores in Tianjin, respectively, operating Mitsubishi and Chrysler and other brands. At the same time, the state machine also thinks, "Tianjin Bohai Sea into the automobile trade shareholders, will be conducive to further the company to obtain local government support, the central and local SASAC advantage of the integration of resources, conducive to the expansion of the company's new business."  "According to the plan, the above cash increase funds will focus on the import and export trade in Beijing, Tianjin, Hebei and other regions to invest in the construction of 5-8 imported car stores or 4S stores, as well as the Tianjin port imported car Warehousing logistics supporting facilities project." According to the reorganization plan, after the completion of the major assets reorganization, the peak of the total amount of capital stock increased to about 564.4629 million shares, of which, Tianjin Bohai holding 9.24%, that is 52.16 million shares. In accordance with the closing price of August 26, 18.24 Yuan, the share market value has reached 951 million yuan, compared with the June 20 investment of 400 million yuan has increased the value of 551 million yuan, value-added rate of 137%.  It is the fastest-earning "PE" in history. In accordance with the reorganization plan, in the first half of this year, the net profit of the 144.8773 million yuan, this figure has exceeded the level of 2009, if the second half still maintain this level, the whole year will have 0.51 yuan per share of earnings, corresponding to the earnings ratio of about 27 times times. "This is not high for the current valuation level.  "One of the investment bankers in Shenzhen believes. However, in the reorganization plan, and the big shareholder state machine group, Tianjin Bohai Sea commitment in the heyday of major asset reorganization in the stake, from the end of the shares issued within 36 months will not be transferred in any way.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.