The source said Everbright Bank's starting price range of about 3-3.3 Yuan
Source: Internet
Author: User
-Our correspondent Zhang Zhahui, 5th, said to China Securities News reporter, according to the initial inquiry and comprehensive consideration of the issuer's fundamental, comparable to the company valuation level and market environment factors, Everbright Bank Preliminary determination of the initial public offering a shares of the price range of about 3 yuan/share-3.3 yuan/share. In addition, Everbright Bank 6th released the initial public offering of a A-share online roadshow, Everbright Bank online Roadshow Time is scheduled for August 9, 2010 14:00-18:00, Online Roadshow site selected as the network (http://www.cs.com.cn). These people said that the price range corresponding to the dynamic market net rate of 1.54 times times to 1.7 times times, in the capital market relatively uncertain environment, Everbright Bank to choose a more prudent price range to ensure a more stable future performance. However, from the close to the Everbright bank to understand that Everbright Bank will secure the cap issue. Analysts point out that in the long run, Everbright Bank's reasonable value investment zone is dynamic market net rate 1.8 times times to 2.1 times times, corresponding to the share price of 3.52 yuan-4.08 yuan, "we give the reasonable value of the investment range is based on the company's fundamentals and the future development of the expected prudent research on the basis of the determination." "If Everbright Bank in accordance with the price range ceiling pricing, and the full exercise of a share of excess distribution options, Everbright Bank of the shares will reach 7 billion shares." Everbright Bank said that the issue adopted to the strategic investors targeted placement, the net to the inquiry object of the allocation and online funding for the purchase and distribution of a combination of methods. Where the strategic placements are no more than 3 billion shares, about 49.2% of the prior distribution option exercise, if the green shoes in full exercise, the strategic placement does not exceed the full exercise of green shoes after the release of 42.9% of the size of the issue, the callback mechanism before the launch of the network under the release of not more than 1.55 billion shares, about the exercise of green shoes before the launch of %, if the green shoes in full exercise, then the net issue no more than green shoes after the full exercise of the size of the distribution of 22.1%; the remainder is distributed online. 4th at Everbright Bank Beijing Road Show site, there are organizations to ask how to view the current performance of banking stocks and the fundamentals of future banking stocks how to hold the view. Rozev, deputy chairman of Everbright Bank, said the market's value for bank shares is undervalued. Banking is the barometer of the economy, so looking at the trend of banking stocks is how to see the future economic trends. In the 5-10-year long term, there is confidence in the value of banking stocks.
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